SEOUL, July 23 (Korea Bizwire) — Samsung Electronics Co.’s new phablet, the Galaxy Note 20, may be its cheapest 5G flagship mobile device in recent years, industry sources here said Thursday, as the company tries to boost handset sales amid the pandemic. According to the sources, Samsung could release the Galaxy Note 20 with a [...]
SEOUL, July 23 (Korea Bizwire) — Samsung Electronics Co. has unveiled the 5G variant of its Galaxy Z Flip foldable smartphone ahead of its main launch event next month. The latest device — launched Wednesday night — is a 5G-capable model of the Galaxy Z Flip, Samsung’s vertically bending phone that was first introduced in [...]
SEOUL, July 22 (Korea Bizwire) — Samsung Electronics Co., South Korea’s leading tech firm, is expected to rank third in terms of 5G smartphone production this year, a report showed Wednesday. Samsung’s 5G smartphone production for the year is estimated at 29 million units, placing the company in third place globally, according to market researcher [...]
SEOUL, July 22 (Korea Bizwire) — A Seoul court on Wednesday ruled in favor of Samsung Electronics Co. in a class action suit filed by more than 500 consumers over battery explosions of the tech giant’s ill-fated Galaxy Note 7 smartphones released in 2016. The Seoul Central District Court said it rejected the indemnity claim [...]
SEOUL, July 22 (Korea Bizwire) — Samsung Electronics Co. will stage its own event to introduce the company’s new products in the upcoming months after it decided to skip the largest consumer electronics show in Europe. Samsung said it will host an online event, titled “Life Unstoppable,” on Sept. 2, to unveil its latest innovations [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s spending on chipmaking equipment is likely to be the third largest of any country this year, industry data showed Wednesday, amid solid global chip demand sparked by the pandemic-driven stay-at-home economy. South Korea, home to major memory chip producers Samsung Electronics Co. and SK hynix Inc., is [...]
SEOUL, July 22 (Korea Bizwire) — Foreign investors have turned to net buyers of top-cap Samsung Electronics Co. this month following months of massive selling, data showed Wednesday. Offshore investors’ net purchase of Samsung shares stood at 1.07 trillion won (US$900 million) in the first 21 days of July, making the tech giant their most-bought [...]
SEOUL, July 21 (Korea Bizwire) — Heirs of South Korea’s top two conglomerates — Samsung and Hyundai Motor — discussed possible cooperation in the electric vehicle (EV) and mobility businesses, the groups said Tuesday. Lee Jae-yong, Samsung’s de facto leader, shared his views on future mobility solutions with Hyundai Motor Group Executive Vice Chairman Chung [...]
SEOUL, July 21 (Korea Bizwire) — Samsung Electronics Co. will unveil five new products at its upcoming launch event, the company’s mobile business chief said, with a focus on delivering new experiences. In an editorial posted on the company’s website on Monday, Roh Tae-moon, who heads Samsung’s mobile communications business, said the South Korean tech [...]
SEOUL, July 20 (Korea Bizwire) — Samsung Electronics Co.’s new foldable smartphone, the Galaxy Fold 2, is likely to be unveiled next month, industry insiders said Monday, following the company’s latest teaser for the launch event. The world’s largest smartphone maker on Sunday released a 13-second video for its Aug. 5 Galaxy Unpacked event on [...]