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Samsung Sees Chip Recovery in Q2 After Forecast-beating Q1 Results

Samsung Sees Chip Recovery in Q2 After Forecast-beating Q1 Results

SEOUL, April 29 (Korea Bizwire) — Samsung Electronics Co. on Thursday expected its semiconductor business to rebound in the current quarter following mediocre performance, although its mobile unit is projected to suffer a profit decline after spearheading its strong first-quarter earnings. Samsung’s net profit stood at 7.14 trillion won (US$6.4 billion) in the January-March period, [...]

Samsung Releases New Enterprise SSD with Upgraded Performance

Samsung Releases New Enterprise SSD with Upgraded Performance

SEOUL, April 27 (Korea Bizwire) — Samsung Electronics Co., the world’s leading memory chip producer, on Tuesday released a high performing enterprise solid state drive (SSD) that supports the latest serial attached SCSI (SAS) interface. The PM1653 is the industry’s first 24G SAS SSD made with sixth-generation V-NAND memory chips, according to Samsung, with its [...]

Samsung Launches New Robot Vacuum Cleaner with Upgraded AI Solutions

Samsung Launches New Robot Vacuum Cleaner with Upgraded AI Solutions

SEOUL, April 27 (Korea Bizwire) — Samsung Electronics Co. on Tuesday launched a new robot vacuum cleaner with upgraded artificial intelligence (AI) solutions here as the tech giant eyes to boost home appliance sales amid the pandemic-driven stay-at-home trend. The BESPOKE JetBot AI vacuum cleaner comes in five colors at a price of 1.59 million [...]

KT Launches National Emergency Telecom Network with Samsung Electronics

KT Launches National Emergency Telecom Network with Samsung Electronics

SEOUL, April 26 (Korea Bizwire) — South Korean telecom giant KT Corp. said Monday it launched a nationwide emergency telecommunications network with Samsung Electronics Co. in a move to boost the country’s response system against natural disasters and emergencies. The government-led project to establish a next-generation wireless network allows for more efficient response against major [...]

Samsung’s ‘Solar Cell Remote Control’ Becomes Icon of its ESG Management

Samsung’s ‘Solar Cell Remote Control’ Becomes Icon of its ESG Management

SEOUL, April 23 (Korea Bizwire) – Samsung Electronics Co’s ‘solar cell TV remote control’ is gaining attention as public awareness towards environmental protection is on the rise. It is becoming an iconic figure that symbolizes the company’s environmental, social and corporate governance (ESG) management. The solar-charging remote control doesn’t require any battery, since it can be recharged [...]

Samsung to Introduce BESPOKE HOME Products Globally Next Month

Samsung to Introduce BESPOKE HOME Products Globally Next Month

SEOUL, April 22 (Korea Bizwire) — Samsung Electronics Co. will introduce its expanded lineup of customizable home appliances to global audiences next month as the South Korean tech giant aims to boost sales amid the pandemic-driven stay-at-home trend. Samsung sent media invitations on Wednesday for its BESPOKE HOME online event on May 11 to showcase [...]