SEOUL, June 12 (Korea Bizwire) — Samsung Electronics Co. has so far compensated hundreds of victims of work-related diseases more than 14 billion won (US$11.6 million), a special committee dedicated to support such workers said Friday. Samsung’s independent compensation committee said it has completed application reviews for 458 cases, or 92 percent of the total [...]
SEOUL, June 11 (Korea Bizwire) — Samsung Electronics Co.’s market share in the global foundry industry is expected to increase in the current quarter from the previous three months, a report showed Thursday, with growth in the 5G smartphone market. Samsung’s share of the foundry business was estimated at 18.8 percent in the April-June period, [...]
SEOUL, June 5 (Korea Bizwire) — South Korea’s two largest electronics firms, Samsung Electronics Co. and LG Electronics Inc., have agreed to drop complaints against each other over a TV advertisement, the country’s corporate watchdog confirmed Friday. The Fair Trade Commission said it decided not to further process the complaint cases after the two companies [...]
SEOUL, June 1 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip maker, said Monday it will add a NAND flash production line in South Korea to further expand its presence in the sector. The company said it plans to start mass-production of the new line at its second chip fab, named P2, [...]
SEOUL, May 27 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it has signed a partnership with a global esports organization to boost its presence in the gaming monitor market. Samsung said it will sponsor its latest display products at T1 Entertainment & Sports (T1), a joint venture between South Korea’s leading mobile carrier SK [...]
SEOUL, May 26 (Korea Bizewire) — Samsung Electronics Co.’s smartphone shipments plunged 18 percent on-year in the first quarter of the year amid the novel coronavirus pandemic, a report showed Tuesday, although it remained the top smartphone vendor around the globe. The South Korean tech firm shipped 59 million smartphones in the January-March period, down [...]
SEOUL, May 25 (Korea Bizwire) — Samsung Electronics Co.’s share of the global NAND flash market in the first quarter of the year dropped slightly compared to three months earlier, a report showed Monday, although it maintained dominance in the sector. The South Korean tech giant, also the leader in the DRAM sector, had a [...]
SEOUL, May 21 (Korea Bizwire) – Samsung Electronics Co. said Thursday it will add a foundry production line in South Korea to expand its presence in the contract chipmaking sector dominated by Taiwan Semiconductor Manufacturing Company (TSMC) Ltd. and reduce its heavy reliance on its memory chip business. Samsung said its new foundry manufacturing line using [...]
SEOUL, May 20 (Korea Bizwire) — South Korean chipmakers are looking to score big in the graphics DRAM sector in the second half of the year, industry observers said Wednesday, as demand for such products is expected to rise with the release of new graphics processing units (GPUs) and new gaming consoles. According to DRAMeXchange, [...]
SEOUL, May 4 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip maker, said Monday that it spent 5.36 trillion won (US$4.36 billion) on research and development activities in the first quarter of the year. The investment surpassed the previous record high of 5.32 trillion won in the fourth quarter of 2018. The [...]