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Samsung Offering Special Trade-in Program in U.S. for New Foldable Smartphones

Samsung Offering Special Trade-in Program in U.S. for New Foldable Smartphones

SEOUL, July 23 (Korea Bizwire) — Samsung Electronics Co., the world’s largest smartphone maker, is running a special trade-in program in the United States for its upcoming new foldable smartphones, industry insiders said Friday, amid its push to expand its customer base of foldable handsets. Samsung’s U.S. unit recently opened a reservation page that allows [...]

Samsung Introduces Upgraded Network Solutions

Samsung Introduces Upgraded Network Solutions

SEOUL, July 23 (Korea Bizwire) — Samsung Electronics Co. said Friday it has released upgraded software-defined networking (SDN) solutions to help mobile operators and enterprises better manage their 5G networks. The South Korean tech giant said its new SDN solutions will support enterprises in various sectors, including education, retail and energy, introducing new 5G application, [...]

Samsung Considering Launching Galaxy S21 FE in U.S., Europe Only amid Chip Shortages

Samsung Considering Launching Galaxy S21 FE in U.S., Europe Only amid Chip Shortages

SEOUL, July 9 (Korea Bizwire) — Samsung Electronics Co. is considering launching the upcoming budget model of the Galaxy S21 smartphone in the United States and Europe only, industry sources said Friday, due to global semiconductor shortages. Samsung is reviewing a plan to release the Galaxy S21 Fan Edition (FE) in the U.S. and Europe [...]

Samsung to Switch All Company Cars to Eco-friendly Vehicles by 2030

Samsung to Switch All Company Cars to Eco-friendly Vehicles by 2030

SEOUL, July 7 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it plans to switch all of its company cars to environment friendly vehicles by 2030, joining South Korea’s efforts to reduce emissions of greenhouse gases largely responsible for global warming. The South Korean tech giant vowed to replace around 800 corporate fleet cars, including [...]

Samsung Expects Estimate-beating Q2 Earnings on Robust Chip Biz

Samsung Expects Estimate-beating Q2 Earnings on Robust Chip Biz

SEOUL, July 7 (Korea Bizwire) — Samsung Electronics Co. on Wednesday expected market estimate-beating second-quarter earnings as its semiconductor business apparently offset a tepid performance from its mobile business. In its earnings guidance, the South Korean tech giant estimated its operating profit at 12.5 trillion won (US$11 billion) for the April-June period, up 53.4 percent [...]