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 [...]
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 [...]
SEOUL, Aug. 17 (Korea Bizwire) — Samsung Electronics Co. was the world’s largest curved monitor vendor in the second quarter of the year, a report showed Tuesday, although its shipments decreased sharply from a quarter earlier. Samsung had a market share of 32 percent in the April-June period after shipping 1.09 million curved monitors, according [...]
SEOUL, Aug. 17 (Korea Bizwire) — Preorders for Samsung Electronics Co.’s new foldable smartphones started Tuesday as the tech giant expects a sales boost with cheaper price tags. Preorders for the Galaxy Z Fold3 and the Galaxy Z Flip3, both unveiled last week at Samsung’s Unpacked online event, will run through Monday in South Korea. [...]
SEOUL, Aug. 16 (Korea Bizwire) — Users of Samsung Electronics Co.’s foldable smartphones have different interests, according to a recent data analysis. Galaxy Fold users tend to enjoy golf and electric vehicles, while Galaxy Z Flip users are interested in fashion, beauty and social media. SK Telecom Co., South Korea’s top wireless carrier, analyzed user [...]
SEOUL, Aug. 15 (Korea Bizwire) — Giant chipmaker Samsung Electronics Co. saw its presence on the main bourse drop to the lowest in 23 months in terms of market capitalization amid a sharp drop, data showed Sunday. The tech behemoth’s value stood at some 444 trillion won (US$400 billion) as of Friday, or 19.43 percent [...]
SEOUL, Aug. 12 (Korea Bizwire) — Shares in Samsung Electronics Co. and SK hynix Inc. — South Korea’s two largest chipmakers — plunged amid concerns of a slowdown in memory demand, analysts said Thursday. Samsung lost 1.9 percent to close at 77,000 won (US$66) on the Seoul bourse, the lowest since December 2020. SK hynix [...]
SEOUL, Aug. 12 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will use recycled material in all of its new mobile products by 2025 as the South Korean tech giant vowed to minimize environmental impact. Samsung unveiled its new sustainable vision for the mobile business, “Galaxy for the Planet,” at its Unpacked event Wednesday, [...]
SEOUL, Aug. 11 (Korea Bizwire) — Samsung Electronics Co. on Wednesday unveiled new smartwatches powered by a new operating system and upgraded wireless earbuds as the South Korean tech giant eyes to expand its presence in the wearable device market. At the Galaxy Unpacked online event, Samsung introduced the Galaxy Watch4 series that runs on [...]
SEOUL, Aug. 11 (Korea Bizwire) — Samsung Electronics Co. on Wednesday unveiled two new foldable smartphones with upgraded features at cheaper prices as the South Korean tech giant tries to beef up its leading position in the handset market by mainstreaming the foldable category. The Galaxy Z Fold3 and the Galaxy Z Flip3, available in [...]