SEOUL, July 17 (Korea Bizwire) — Samsung Electronics Co., South Korea’s leading tech firm, announced on Thursday that it will expand the coverage of its “Samsung Hope Didimdol (stepping stone)” program nationwide. The program was designed to develop the self-reliance of teenagers who cannot stay in orphanages after reaching 18 years of age. The company [...]
SEOUL, July 16 (Korea Bizwire) — Samsung Electronics Co., South Korea’s leading tech firm, is the world’s second-largest semiconductor company in terms of market capitalization, data showed Thursday, despite a share price drop. Samsung’s market value totaled US$261.9 billion as of last Friday, only behind Taiwan Semiconductor Manufacturing Company (TSMC), whose market cap reached $306.3 [...]
SEOUL, July 14 (Korea Bizwire) – Samsung Electronics Co., South Korea’s leading tech firm, said Tuesday it expects the commercialization of sixth-generation (6G) services to occur around 2030 as it works to develop technologies for the next-generation communications system. In its white paper, entitled “the Next Hyper-Connected Experience for All,” Samsung estimated that the completion [...]
SEOUL, July 14 (Korea Bizwire) — Samsung Electronics Co. is considering expanding its remote working system for employees here, industry insiders said Tuesday, due to the prolonged coronavirus pandemic. The South Korean tech giant recently surveyed its workers at its consumer electronics (CE) business division in Suwon, south of Seoul, on work-from-home solutions, according to [...]
SEOUL, July 13 (Korea Bizwire) — Samsung Electronics Co. is in talks with competitor LG Display Co. for the purchase of display panels, industry sources said Monday, amid its transition to production of next-generation display. Samsung Electronics and LG Display may sign a deal on LCD TV panel supply in the near future, according to [...]
SEOUL, July 11 (Korea BIzwire) — Samsung Electronics Co. is expected to increase its presence in the Indian smartphone market on growing anti-China sentiment in the South Asian nation, analysts here said Saturday. Sinophobia is growing in India with a public boycott of Chinese-made goods following the deaths of 20 Indian soldiers in last month’s [...]
SEOUL, July 8 (Korea Bizwire) — South Korea’s two major electronics firms on Wednesday released their new soundbar products as they aim to expand their presences in the home audio market. Samsung Electronics Co. announced the global launch of its two new premium soundbars, the HW-Q950T and the HW-Q900T, which completes its full 2020 Q-series [...]
SEOUL, July 8 (Korea Bizwire) — Samsung Electronics Co. on Wednesday said it will launch an ultraviolet (UV) light sterilizer for smartphones to meet a growing need for mobile device sanitization amid the novel coronavirus pandemic. Samsung said its new UV sterilizer with wireless charging will be sold in South Korea with a price tag [...]
SEOUL, July 8 (Korea Bizwire) — Samsung Electronics Co. on Wednesday confirmed its new smartphones will be unveiled next month through an online event. Samsung said the Galaxy Unpacked 2020 will take place on Aug. 5, with livestreaming of the event starting at 10 a.m. (Eastern Time). The South Korean tech titan usually holds the [...]
SEOUL, July 7 (Korea Bizwire) – Samsung Electronics Co. on Tuesday expected a stronger than expected second-quarter performance as solid demand for server chips appeared to offset a slump in smartphone sales amid the novel coronavirus pandemic, while one-time gains in the display business also helped push up its bottom line. In its earnings guidance, [...]