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Samsung’s Foundry Capacity in Matured Nodes to Rank 4th in 2021

Samsung’s Foundry Capacity in Matured Nodes to Rank 4th in 2021

SEOUL, Feb. 3 (Korea Bizwire) — Samsung Electronics Co.’s foundry capacity share in legacy nodes is estimated to rank fourth in 2021, a report showed Wednesday, amid its push to increase its presence in the contract chipmaking sector with advanced fabrication processes. Samsung, the world’s largest memory chipmaker, was projected to account for 10 percent [...]

Galaxy S21 Launched Globally, Set to Sell in 130 Countries by Next Month

Galaxy S21 Launched Globally, Set to Sell in 130 Countries by Next Month

SEOUL, Jan. 29 (Korea Bizwire) — Samsung Electronics Co. said Friday its new flagship smartphone line has been officially launched globally as the South Korean tech giant hopes its latest handsets can drive the company’s mobile business amid fierce challenges from its rivals. Sales of the Galaxy S21 series have started in 60 countries, including [...]

Samsung Expects Weaker Q1 Results After Solid Q4 Performance

Samsung Expects Weaker Q1 Results After Solid Q4 Performance

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” [...]

Samsung Further Skewed Toward M&A Push, More Investments

Samsung Further Skewed Toward M&A Push, More Investments

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 [...]

Samsung’s Health Tracking App to be Available in 31 More Countries

Samsung’s Health Tracking App to be Available in 31 More Countries

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 [...]