SEOUL, July 31 (Korea Bizwire) – Samsung Electronics Co. said Wednesday sales of high-performance high bandwidth memory (HBM) products soared more than 50 percent in the second quarter from three months earlier, driven by a boom in generative artificial intelligence. “The memory market continued to be strong in the second quarter, fueled by strong demand [...]
SEOUL, Jul. 30 (Korea Bizwire) – For the second consecutive year, Samsung Electronics has been named the most desirable company to work for among college students in South Korea, according to a recent survey. The employment website Incruit announced on July 29 that it had conducted a survey of 962 job-seeking college students nationwide. The survey [...]
SEOUL, Jul. 26 (Korea Bizwire) – In a potential shake-up of its supply chain, Apple is expected to diversify its camera sensor suppliers, ending Sony’s long-standing monopoly in the iPhone’s imaging technology. According to noted Apple analyst Ming-Chi Kuo of TF International Securities, Samsung Electronics could begin supplying image sensors for iPhones as early as 2026. [...]
SEOUL, Jul. 22 (Korea Bizwire) — The striking labor union of Samsung Electronics Co. held a rally on Monday, a day before resuming talks with the company to resolve the industrial action over a wage hike, union officials said. About 1,200 unionized workers of the National Samsung Electronics Union (NSEU) joined the rally at a [...]
SEOUL, Jul. 18 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has acquired the British artificial intelligence and knowledge graph tech startup Oxford Semantic Technologies in a bid to strengthen its in-device AI capabilities. The South Korean tech giant signed an agreement to take over the U.K.-based startup on Tuesday (British time). But it [...]
SEOUL, Jul. 17 (Korea Bizwire) — Samsung Electronics Co. has launched an energy management service for electric vehicles of Tesla Inc. in the United States as part of their strategic partnership aimed at enhancing connectivity at home, industry sources said Wednesday. Samsung Electronics’ SmartThings Energy platform is now available for Tesla drivers in the U.S., [...]
SEOUL, Jul. 12 (Korea Bizwire) – Samsung Electronics unveiled its first smart ring, the Galaxy Ring, at a launch event in Paris, generating significant consumer interest, particularly regarding the potential inclusion of non-invasive blood glucose monitoring. Similar expectations surrounded the Galaxy Watch 7. However, neither device includes this highly anticipated feature. Non-invasive monitoring refers to methods [...]
SEOUL, Jul. 12 (Korea Bizwire) — Samsung Electronics Co. said Friday it has participated in a Series D investment round for the U.S. biotech company Element Biosciences, Inc. as a strategic investor, expecting to create synergy in the potential medical and digital health care sectors. Samsung Electronics joins other investors, including Fidelity and Foresite Capital, [...]
SEOUL/PARIS, Jul. 11 (Korea Bizwire) — The head of Samsung Electronics Co.’s mobile division has said the company aims to boost sales of its new foldable smartphones by more than 10 percent, highlighting the addition of advanced artificial intelligence (AI) capabilities. The world’s largest smartphone maker unveiled its latest generation foldable smartphones, the Galaxy Z [...]
SEOUL, July 9 (Korea Bizwire) – Samsung Electronics Co. on Wednesday unveiled its latest generation foldable smartphones and the highly anticipated ring-type wearable, featuring thinner and lighter designs and advanced artificial intelligence (AI) capabilities. At the summer edition of Galaxy Unpacked held at Carrousel du Louvre in Paris, Samsung Electronics showed off the Galaxy Z Fold [...]