SEOUL, Aug. 4 (Korea Bizwire) — Samsung Electronics Co. has unveiled a second teaser for its new mobile devices launch event featuring K-pop group BTS, as the tech titan seeks to boost gadget sales amid the COVID-19 pandemic. The teaser, released Monday, features BTS, online video game Fortnite streamer Myth and American singer Khalid and [...]
SEOUL, Aug. 4 (Korea Bizwire) — Samsung Electronics Co. is likely to expand its presence in the global network equipment market this year but will remain in a distant fourth as Chinese and European players continue their dominance, a report showed Tuesday. Samsung was estimated to take a 8.5 percent share in the global mobile [...]
SEOUL, Aug. 3 (Korea Bizwire) — Samsung Electronics Co. said Monday it has set up an in-house virus testing center to ramp up its anti-virus measures amid the pandemic. Samsung opened a virus testing center inside its plant in Hwaseong, south of Seoul, becoming the first company in South Korea to have an in-house COVID-19 [...]
SEOUL, Aug. 3 (Korea Bizwire) — Samsung Electronics Co. will introduce five new mobile devices later this week as the company aims to boost its gadget sales amid the novel coronavirus pandemic. Samsung will hold the Galaxy Unpacked event on Wednesday to unveil its latest mobile devices. It will broadcast live starting at 11 p.m. [...]
SEOUL, Aug. 3 (Korea Bizwire) — Samsung Electronics Co. will close its PC manufacturing plant in Suzhou, China, company officials here said Monday, as the company tries to boost efficiency in its supply chain management. Suzhou Samsung Electronics Computer Co. will halt production of PCs and focus on research and development (R&D), a Samsung spokesman [...]
SEOUL, Aug. 1 (Korea Bizwire) — Samsung Electronics Co. is projected to see further growth in its foundry business in the second half of the year, analysts here said Saturday, with growing expectations for receiving orders from Intel Corp. In its second-quarter earnings announcement, the world’s largest memory chipmaker said its foundry business achieved record [...]
SEOUL, July 31 (Korea Bizwire) — Samsung Electronics Co. has dropped to the second spot in global smartphone shipments in the second quarter of the year, with China’s Huawei Technologies Co. taking the top spot, a report showed Friday. Samsung shipped 54.2 million smartphones in the April-June period to take a market share of 19.5 [...]
SEOUL, July 30 (Korea Bizwire) — Samsung Electronics Co. said Thursday it expects solid demand of chips and a gradual recovery in the mobile phone sector in the second half of the year as the world’s largest memory chipmaker racked up strong second-quarter earnings. Samsung’s net profit stood at 5.55 trillion won (US$4.7 billion) in [...]
SEOUL, July 29 (Korea Bizwire) — Despite the increase in sales of dehumidifiers in recent days thanks to the prolonged rainy season, Samsung Electronics Co. remains unwilling to resume the production of dehumidifiers, raising curiosity about why. In 2017, Samsung stopped the sales of dehumidifiers, which it sold on an original equipment manufacturing (OEM) basis. [...]
SEOUL, July 24 (Korea Bizwire) — Samsung Electronics Co. has recaptured the second spot in the Indian smartphone market in the second quarter of the year, a report showed Friday, apparently riding on growing anti-China sentiment in the South Asian nation. The South Korean tech giant accounted for 26 percent of the Indian market in [...]