SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Co. is expected to defend its top status in the global smartphone market this year despite challenges from Chinese brands, a report showed Wednesday. Worldwide smartphone shipments are forecast to grow 6.5 percent on-year to 1.38 billion units in 2021, and Samsung’s market share is estimated at [...]
SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Co. is expected to top the semiconductor capital spending this year, a report showed Wednesday, as it tries to catch up with the leading foundry firm Taiwan Semiconductor Manufacturing Co. (TSMC). The South Korean tech giant, the world’s largest memory chip producer, has not provided guidance for [...]
SEOUL, March 17 (Korea Bizwire) – Samsung Electronics Co.’s mobile business chief said Wednesday that the world’s largest smartphone maker would not discard its Galaxy Note smartphone series, although new models may not be released this year. Rumors have arisen in recent months that Samsung may reconfigure its premium smartphone lineup with Galaxy Z foldables [...]
SEOUL, March 17 (Korea Bizwire) — Tizen, a Linux-based operating system developed by Samsung Electronics Co., was the top smart TV streaming platform last year, a report showed Wednesday, thanks to its status as the world’s largest TV vendor. Tizen accounted for 12.7 percent of global connected TV devices in use in 2020, up from [...]
SEOUL, March 17 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chip maker, said Wednesday it expects to see demand growth in various chip products with the economic recovery despite concerns over the novel coronavirus pandemic. Kim Ki-nam, who heads Samsung’s device solutions (DS) division, said that “uncertainties” will continue this year, but [...]
SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Co. may suffer around 400 billion won (US$353 million) in production losses due to a monthlong shutdown of its chip plant in the United States, analysts said Wednesday, amid growing concerns that the production halt could also undermine global smartphone production. Samsung’s plant in Austin, Texas, has [...]
SEOUL, March 16 (Korea Bizwire) – Samsung Electronics Co. was the third-largest vendor of wearable devices in the fourth quarter of 2020, a market report showed Tuesday, amid soaring global demand for wearbles despite the pandemic. The South Korean tech giant shipped 13 million units of wearable devices in the October-December period, up 20.5 percent [...]
SEOUL, March 11 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will launch another budget smartphone model in South Korea this week as the global tech giant eyes beefing up its handset sales against rivals. The Galaxy A32 will be released in South Korea on Friday with a price tag of 374,000 won (US$330). [...]
SEOUL, March 10 (Korea Bizwire) — Samsung Electronics Co. was the world’s fourth-largest feature phone seller in the fourth quarter of 2020, a report showed Wednesday. The South Korean giant had an 8 percent share in the global feature phone market in the October-December period, down from 10 percent a quarter ago, according to market [...]
SEOUL, March 10 (Korea Bizwire) — Samsung Electronics Co. was relegated to the runner-up spot in the market for connected TV devices, which includes smart TVs, streamers and gaming consoles, in the fourth quarter of 2020, a report showed Wednesday. Samsung, the world’s largest TV maker, shipped 11.9 million units of connected TV devices in [...]