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 [...]
SEOUL, Oct. 12 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip maker, said Tuesday it began mass production of the industry’s smallest 14-nanometer DRAM using extreme ultraviolet lithography technology as part of efforts to consolidate its leadership in the memory industry. The company already shipped 1 million units of 10nm-class (D1x) DDR4 [...]
SEOUL, Oct. 11 (Korea Bizwire) — Samsung Electronics Co. said Monday it has partnered with some high-profile filmmakers to produce movies with its Galaxy smartphones as the South Korean tech giant aims to better promote its mobile devices. Samsung started a campaign called “Filmed #withGalaxy” with an aim to encourage people to expand their creativity [...]
SEOUL, Oct. 11 (Korea Bizwire) — Samsung Electronics Co. doesn’t look that happy despite higher than expected sales of its new foldable smartphones primarily because the company is having difficulty satisfying robust demand due to a global chip shortage. The combined domestic sales of the Galaxy Z Fold3 and the Galaxy Z Flip3 surpassed the [...]
SEOUL, Oct. 8 (Korea Bizwire) – Samsung Electronics Co. said Friday it expected to post record sales in the third quarter of the year, apparently buoyed by its semiconductor business. In its earnings guidance, the South Korean tech giant estimated its sales at 73 trillion won (US$61.2 billion) for the July-September period, up 9 percent [...]
SEOUL, Oct. 7 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled an open source-based software development kit to expand the Compute Express Link (CXL) memory ecosystem. CXL is an open industry-standard interconnect based on the PCI Express (PCIe) 5.0 interface that enables high-speed, low latency communication between the host processor and devices, such as [...]
SEOUL, Oct. 7 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled its technology road map for the foundry business as the company vowed to improve its capacity and advanced manufacturing solutions in the contract chipmaking sector. At the Samsung Foundry Forum 2021, which was held online under the theme of “Adding one more dimension,” [...]
SEOUL, Oct. 6 (Korea Bizwire) — Domestic sales of Samsung Electronics Co.’s new foldable smartphones — the Galaxy Z Fold3 and the Galaxy Z Flip3 — have surpassed 1 million units, the company said Wednesday, as the tech giant strives to popularize the foldable category. The third generation of the Galaxy Z series topped the [...]
SEOUL, Oct. 5 (Korea Bizwire) — Samsung Electronics Co. and its union will have their first wage talks Tuesday as the tech giant is moving to create a healthy labor-management culture following its leader’s commitment to scrap the conglomerate’s “no labor union” policy. Representatives from Samsung’s management and the union will hold the first round [...]