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Samsung’s New Foldable Smartphones Launched Globally, Set to Sell in 130 Countries by Oct.

Samsung’s New Foldable Smartphones Launched Globally, Set to Sell in 130 Countries by Oct.

SEOUL, Aug. 27 (Korea Bizwire) — Samsung Electronics Co. said Friday it has launched new foldable smartphones globally as the South Korean tech giant hopes the latest Galaxy Z series can mainstream the foldable category and boost its handset sales. Sales of Samsung’s third-generation foldable devices — the Galaxy Z Fold3 and the Galaxy Z [...]

Samsung to Expand AI-powered Memory Portfolio

Samsung to Expand AI-powered Memory Portfolio

SEOUL, Aug. 24 (Korea Bizwire) — Samsung Electronics Co. on Tuesday said it aims to expand its memory products powered by its artificial intelligence (AI) engine as the South Korean tech giant is pushing to increase its technology leadership in the semiconductor market. Samsung, the world’s largest memory chip supplier, showcased its latest processing-in-memory (PIM) [...]

Preorders for Samsung’s New Foldable Smartphones Top 800,000 Units

Preorders for Samsung’s New Foldable Smartphones Top 800,000 Units

SEOUL, Aug. 24 (Korea Bizwire) — Preorders for Samsung Electronics Co.’s new foldable smartphones have topped 800,000 units in South Korea, industry sources Tuesday, as the tech giant eyes to mainstream the foldable category with lower prices. An estimated 600,000 units of the Galaxy Z Fold3 and the Galaxy Z Flip3 were preordered through local [...]

Retail Investors Double Their Stake in Samsung Electronics in 8 Months

Retail Investors Double Their Stake in Samsung Electronics in 8 Months

SEOUL, Aug. 19 (Korea Bizwire) — South Korean retail investors have doubled their stake in Samsung Electronics Co. in eight months amid foreigners’ selling spree, data showed Thursday. Local individual investors had net-bought 394 million shares in the global tech behemoth as of Wednesday this year, or 6.6 percent of its outstanding shares, according to [...]

Semiconductor Market to Expand 25 pct in 2021, Grow Further in 2022: WSTS

Semiconductor Market to Expand 25 pct in 2021, Grow Further in 2022: WSTS

SEOUL, Aug. 18 (Korea Bizwire) — The global semiconductor market is expected to expand 25.1 percent this year on the back of robust growth from the memory sector, a report from an industry tracker showed Wednesday, amid concerns of a slowdown in demand. World Semiconductor Trade Statistics (WSTS), a nonprofit organization of chipmakers, said the [...]