SEOUL, Nov. 15 (Korea Bizwire) – The number of small shareholders in global tech giant Samsung Electronics Co. surpassed 5 million amid massive stock investment by local retail investors, data showed Monday. Some 5.18 million investors held shares in the top-cap company as of the end of September, triple the tally a year earlier, according [...]
SEOUL, Nov. 15 (Korea Bizwire) – Samsung Electronics Co.’s research and development (R&D) spending hit a record high in the first nine months of the year, its report showed Monday, as it seeks to expand presence amid intensifying competition with foreign rivals. Samsung invested a total of 16.19 trillion won (US$13.73 billion) in R&D in [...]
SEOUL, Nov. 13 (Korea Bizwire) — Samsung Electronics Co., the world’s biggest memory chip and mobile phone maker, is inching closer toward the selection of the site for its new chip plant in the United States, industry sources said Friday, as competition is intensifying in the semiconductor industry amid global chip shortages. Lee Jae-yong, the [...]
SEOUL, Nov. 12 (Korea Bizwire) — The German unit of Samsung Electronics Co. has distributed free polishing cloths used to clean smartphones to customers. Experts assume that it is a part of Samsung’s marketing offensive aimed at Apple Inc.’s newly released polishing cloth, which sells for US$19. Technology blog 9to5Mac reported that Samsung Electronics GmbH [...]
SEOUL, Nov. 12 (Korea Bizwire) — Samsung Electronics Co.’s Galaxy Z Flip3 foldable smartphone has been listed on Best Inventions 2021 by U.S. magazine Time. The magazine has selected this year’s best inventions from some 20 different fields. Samsung’s Galaxy Z Flip3 was the only smartphone to be included in the consumer electronics section. “Manufacturers [...]
SEOUL, Nov. 9 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc. on Tuesday submitted information on their chip businesses to the United States but withheld some key data considered trade secrets in an apparent delicate balancing act. The two South Korean chipmakers made the filings about two months after the U.S. Department of [...]
SEOUL, Nov. 5 (Korea Bizwire) — The global DRAM market for 2022 is expected to log similar yearly sales on solid demand despite falling prices, a recent report has said. Market researcher TrendForce said in its latest report released Thursday DRAM sales are expected to grow 0.3 percent to reach US$91.54 billion next year. DRAM [...]
SEOUL, Nov. 3 (Korea Bizwire) — South Korea’s top two chipmakers — Samsung Electronics Co. and SK hynix Inc. — are expected to submit information on their chip businesses to the U.S. government by the Nov. 8 deadline, industry sources said Wednesday. In late September, the U.S. Department of Commerce asked major chip companies and [...]
SEOUL, Oct. 28 (Korea Bizwire) — Samsung Electronics Co. on Thursday reported strong third-quarter earnings on the continued robust performance of its key semiconductor business, which took up 64 percent of the total operating profit. Its net profit rose 31.3 percent from a year earlier to 12.29 trillion won (US$10.5 billion) in the July-September period, [...]
SEOUL, Oct. 20 (Korea Bizwire) — Samsung Electronics Co. on Wednesday unveiled new color variants for the Galaxy Z Flip3 and special collaboration models with the music and fashion company Maison Kitsune for its smartwatch and wireless earbuds. In its latest “Unpacked” online event, the tech giant said its customers can now individualize their clamshell-type [...]