SEOUL, Dec. 9 (Korea Bizwire) — Samsung Electronics Co. accounted for 10 percent of the global feature phone market in the third quarter of the year, a report showed Wednesday, amid the decline of the sector. Global feature phone shipments declined 17 percent on-year to 74 million units in the July-September period, according to market [...]
SEOUL, Dec. 9 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it has signed a partnership with Google on smart home solutions as the South Korean tech giant tries to expand its presence in the Internet of Things (IoT) sector. Samsung said its IoT platform, SmartThings, will support Google Nest devices, including thermostats, cameras and [...]
SEOUL, Dec. 8 (Korea Bizwire) — Samsung Electronics Co. was the world’s fifth-largest computer monitor vendor in the third quarter of the year, a report showed Tuesday, as its shipments increased significantly amid the pandemic. The South Korean tech giant had a market share of 9 percent in the global computer monitor market in the [...]
SEOUL, Dec. 8 (Korea Bizwire) — South Korean brokerage houses have raised their target prices of Samsung Electronics Co. on signs of a recovery in global chip demand, sources said Tuesday. Some analysts predict the share price of Samsung Electronics, the world’s top memory chip maker, to rise as high as 90,000 won (US$83) after [...]
SEOUL, Dec. 7 (Korea Bizwire) — Samsung Electronics Co.’s share of the global foundry market is expected to decrease in the current quarter from the previous three months, a report showed Monday. Samsung’s share in the global foundry business was estimated at 16.4 percent in the October-December period, down 1 percentage point from three months [...]
SEOUL, Dec. 7 (Korea Bizwire) — Samsung Electronics Co. said Monday it will introduce a new Micro LED TV later this week as the South Korean tech giant tries to further boost its presence in the premium TV market. Samsung said it will unveil its new Micro LED TV product at a webinar Thursday. The [...]
SEOUL, Dec. 3 (Korea Bizwire) — Shares in Samsung Electronics Co. continued to surge on the Seoul bourse Thursday on the back of rosy outlook for its semiconductor business. Samsung shares advanced 0.29 percent to close at a new all-time high of 69,700 won (US$63). During the session, Samsung shares surpassed the 70,000-won mark for [...]
SEOUL, Dec. 3 (Korea Bizwire) — Tizen, a Linux-based operating system developed by Samsung Electronics Co. and Intel Corp., is the world’s largest TV streaming platform, a report showed Thursday, thanks to Samsung’s robust smart TV sales in the third quarter of the year. Tizen accounted for 12.5 percent of connected TV devices in use, [...]
SEOUL, Dec. 2 (Korea Bizwire) — Samsung Electronics Co. was the top global smartphone manufacturer in the third quarter of the year, a report showed Wednesday, as demand for its mobile devices increased in advanced markets amid the pandemic. Samsung led the industry in terms of smartphone production with 78 million units in the July-September [...]
SEOUL, Dec. 2 (Korea Bizwire) — Samsung Electronics Co. on Wednesday named the new chiefs of its memory and foundry businesses as the South Korean tech giant aims to further expand its presence in the chipmaking sector. Samsung announced that Lee Jung-bae, 53, has been promoted to chief of its memory business, while Choi Si-young, [...]