SEOUL, March 10 (Korea Bizwire) — Samsung Electronics Co.’s research and development (R&D) spending last year hit a record high, its report showed Wednesday, amid the novel coronavirus pandemic. Samsung invested 21.2 trillion won (US$18.6 billion) in R&D last year, up 1 trillion won from a year earlier, to mark its largest spending ever, according [...]
SEOUL, March 9 (Korea Bizwire) – Samsung Electronics Co., the world’s largest smartphone vendor, was the dominant player in the global foldable smartphone market last year, a report showed Tuesday, with its leading status expected to continue through 2021. For the whole of 2020, Samsung logged an 87 percent share on a unit basis in [...]
SEOUL, March 9 (Korea Bizwire) — Samsung Electronics Co. is expected to recapture the top spot in global smartphone production in the first quarter of the year, a report showed Tuesday, with the release of its new flagship smartphone. The South Korean tech giant is estimated to produce 62 million smartphones in the January-March period [...]
SEOUL, March 9 (Korea Bizwire) — Samsung Electronics Co. on Tuesday said it will expand its lineup of customizable home appliances that allow consumers to better reflect their lifestyles as the South Korean tech giant aims to boost sales amid the pandemic-driven stay-at-home trend. Samsung said its concept of BESPOKE will be applied to all [...]
SEOUL, March 8 (Korea Bizwire) — Samsung Electronics Co. said Monday it will release a new 5G budget smartphone in South Korea this week to expand its dominant status on home turf. Samsung said the Galaxy A42 5G smartphone will be launched here Friday with a price tag of 449,900 won (US$400), the cheapest among [...]
SEOUL, March 5 (Korea Bizwire) — Samsung Electronics Co. was the world’s third-largest smartwatch vendor last year, a report showed Friday, as its rivals Apple Inc. and Huawei Technologies Co. expanded their sales. Samsung’s smartwatch shipments suffered a 1 percent on-year drop to 9.1 million units in 2020, according to market researcher Counterpoint Research. Apple [...]
SEOUL, March 5 (Korea Bizwire) – Samsung Electronics Co. on Friday introduced a new smartphone with high durability designed to meet the needs of those working outdoors or in factories. “The Galaxy XCover 5, designed to withstand “tough work environments, is a device that addresses the challenges employers in the field often face, from ensuring [...]
SEOUL, March 5 (Korea Bizwire) — Samsung Electronics Co. said Friday it donated US$1 million to community partners in Texas to support their winter storm relief efforts. The South Korean tech giant said its donation will be used to provide food, water, health services and shelters in the U.S. state where severe weather caused big [...]
SEOUL, March 4 (Korea Bizwire) — Samsung Electronics Co. further expanded its dominance in the global DRAM market in the fourth quarter of 2020, a report showed Thursday, with revenue increase. The South Korean tech giant, also the leader in the NAND flash sector, had a 42.1 percent share of the global DRAM flash market [...]
SEOUL, March 4 (Korea Bizwire) — Samsung Electronics Co. on Thursday announced it has signed a partnership with local artificial intelligence (AI) solutions provider Kakao Enterprise Corp. to boost its smart home business. Under the deal, Samsung’s smart devices and home appliances will be compatible with the Kakao i AI platform from Kakao Enterprise, an [...]