SEOUL, July 6 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong on Monday vowed support for startups in another on-site visit amid global uncertainties. Lee, the de facto leader of South Korea’s top conglomerate, Samsung Group, visited the tech giant’s startup incubation center in Suwon, south of Seoul, and encouraged workers at its in-house [...]
SEOUL, July 3 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip and smartphone vendor, will provide handsome performance-based bonuses to its employees next week, industry sources said Friday. Samsung plans to give its workers what it calls target achievement incentives (TAI) based on their performance, which could be maximum 100 percent of [...]
SEOUL, July 2 (Korea Bizwire) — Samsung Electronics Co. on Thursday released a new luxury refrigerator highlighting customization features that offers up to 150 combinations in designs and options. Samsung unveiled its New Chef Collection refrigerator under the company’s Project Prism, which aims to reflect consumers’ lifestyles and allows them to personalize the materials, colors, [...]
SEOUL, July 2 (Korea Bizwire) — Samsung Electronics Co. dominated the global market for smartphone memory chips in the first quarter of the year, a report showed Thursday, despite the industry’s overall decline in revenue. In terms of revenue, Samsung maintained its top position in the smartphone memory market with a 50 percent share in [...]
SEOUL, July 1 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it plans to hire a record number of postgraduate researchers this year to secure future technologies in the semiconductor and artificial intelligence (AI) sectors. The South Korean tech giant said it will hire 1,000 postgraduate engineers by the end of this year. Samsung already [...]
SEOUL, July 1 (Korea Bizwire) — Samsung Electronics Co. on Wednesday introduced its new solid state drive (SSD) product with an industry-leading capacity of up to 8 terabytes (TB). The world’s largest memory chip producer said its second generation quad-level cell flash drive, the 870 QVO SATA SSD, will go on sale in 40 countries, [...]
SEOUL, June 30 (Korea Bizwire) — Samsung Electronics Co. has unveiled a miniaturized model of its first chip fab, Phase 1 (P1) fab, at the company’s Pyeongtaek plant in Gyeonggi Province made entirely of Lego blocks. The P1 fab is the world’s largest semiconductor production line. The creation of the Lego model is part of [...]
SEOUL, June 29 (Korea Bizwire) — Samsung Electronics Co.’s second-quarter earnings could be better than expected, analysts here said Monday, as its robust chip business is likely to offset losses in its smartphone and display businesses amid the novel coronavirus pandemic. Samsung was expected to log 53.39 trillion won (US$44.4 billion) in sales in the [...]
SEOUL, June 28 (Korea Bizwire) — Samsung Electronics Co. is expected to launch two new foldable smartphones in the second half of the year, with an affordable foldable handset model likely to come out next year, industry sources said Sunday. Samsung is projected to unveil the Galaxy Fold 2 and the 5G variant of the [...]
SEOUL, June 24 (Korea Bizwire) — Samsung Electronics Co. on Wednesday released its new curved gaming monitor to beef up its presence in the gaming equipment market. The South Korean tech giant announced the global launch of the Odyssey G9, which was first unveiled at the Consumer Electronics Show in Las Vegas, Nevada, earlier this [...]