SEOUL, Jan. 28 (Korea Bizwire) — Samsung Electronics Co. on Thursday said it expects downbeat first-quarter results on the weak U.S. dollar and uncertainties over the novel coronavirus pandemic after announcing a solid fourth-quarter performance, although demand for chips and smartphones will remain strong. The company presented a conservative view on a so-called “super cycle” [...]
SEOUL, Jan. 28 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will pay record dividends to shareholders later this year and more through 2023 to improve its shareholder value, a move that is also seen to smooth out leadership succession for Samsung Group heirs. Samsung will pay a total of a record 13.12 trillion [...]
SEOUL, Jan. 28 (Korea Bizwire) – Samsung Electronics Co. on Thursday said it aims to clinch merger and acquisition (M&A) deals and expand investments in the upcoming years as the South Korean tech giant eyes to fend off challenges from its rivals amid global uncertainties In its conference call, Samsung’s chief finance officer Choi Yoon-ho [...]
SEOUL, Jan. 27 (Korea Bizwire) — Samsung Electronics Co. said Wednesday its fitness app with advanced health tracking features will soon be available in 31 new countries as the South Korean tech giant tries to expand its health service amid the pandemic. The world’s largest smartphone maker said the Samsung Health Monitor app received a [...]
SEOUL, Jan. 25 (Korea Bizwire) — Sales of Samsung Electronics Co’s new smartphone line, the Galaxy S21, are expected to reach 2.4 million units this year in South Korea, a report showed Monday, as the tech giant tries to expand its presence against Apple Inc.’s iPhone 12. Galaxy S21 sales are estimated to be 40 [...]
SEOUL, Jan. 20 (Korea Bizwire) — Samsung Electronics Co. was the industry’s second-largest spender on semiconductor research and development (R&D) last year, a report showed Wednesday, as the South Korean tech giant tries to beef up its presence in the non-memory sector. Samsung, the world’s top memory chipmaker, spent US$5.6 billion on chip-related R&D in [...]
SEOUL, Jan. 20 (Korea Bizwire) — Samsung Electronics Co. on Wednesday released its new consumer solid state drive (SSD) product boasting upgraded performance and reliability as the world’s largest memory chip maker tries to expand its presence in the sector. Samsung said its 870 EVO SSD series comes in five models — 250 gigabyte (GB), [...]
SEOUL, Jan. 18 (Korea Bizwire) – Samsung Electronics Co. on Monday said it will release its smart tracking tag on the market this week as the South Korean tech giant tries to expand its mobile ecosystem with advanced communications solutions. Samsung said the Galaxy SmartTag will go on sale in South Korea on Tuesday with [...]
SEOUL, Jan. 17 (Korea Bizwire) — Samsung Electronics Co. hopes to boost its smartphone sales with its latest flagship Galaxy S21 series that comes with enhanced cameras and seamless digital experiences at great value prices, the head of its mobile business said Sunday. Samsung unveiled the Galaxy S21 family – the entry-level S21, the mid-tier [...]
SEOUL, Jan. 15 (Korea Bizwire) — Samsung Electronics Co. unveiled its new flagship Galaxy S21 series phones on Friday, featuring trendy K-pop acts such as megastar BTS and eccentric alternative group Leenalchi, as the South Korean tech giant eyes capturing young smartphone users around the world. The South Korean smartphone maker introduced the Galaxy S21 [...]