SEOUL, April 7 (Korea Bizwire) — Samsung Electronics Co. has introduced new eco-friendly packaging for its lifestyle TVs such as The Frame, The Serif, and The Sero. Samsung’s new ‘eco-packaging’ made from eco-friendly corrugated cardboard will allow customers easier recycling as well as up-cycling of the cardboard boxes for creative reuse, according to the company [...]
SEOUL, April 7 (Korea Bizwire) — The Ministry of SMEs and Startups said Monday that its “Win-Win Cooperation” project is paying off in the face of the coronavirus pandemic. According to the government, the daily production of four mask makers, backed by smart factory technology from Samsung Electronics Co., jumped 51 percent to 1.39 million [...]
SEOUL, April 7 (Korea Bizwire) — Samsung Electronics Co. on Tuesday delivered better-than-expected first-quarter earnings as robust demand for chips apparently offset a slump in smartphone and home appliance sales amid the novel coronavirus pandemic, but analysts warned that the company may feel the pinch of the COVID-19 outbreak during the current quarter. The South [...]
SEOUL, April 3 (Korea Bizwire) — Samsung Electronics Co. is expected to post relatively solid earnings in the first quarter of the year despite the novel coronavirus pandemic, analysts here said Friday, as its chip business is likely to offset losses in the smartphone and consumer electronics sectors. Samsung, the world’s largest memory chip and [...]
SEOUL, March 24 (Korea Bizwire) — Foreign ownership of Samsung Electronics Co. has fallen to a 13-month low amid offshore investors’ selling binge sparked by fears over a coronavirus-induced global economic recession, data showed Tuesday. Foreign investors owned 55.37 percent of Samsung Electronics, the world’s No. 1 smartphone and memory chipmaker, as of Friday, according [...]
SUWON, March 18 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chip and smartphone maker, on Wednesday held its annual shareholders’ meeting here with strict health checks amid the spread of the novel coronavirus in the country. Samsung said only about 400 individual shareholders attended the meeting at a convention center in Suwon, [...]
SEOUL, March 11 (Korea Bizwire) — Samsung Electronics Co. plans to release its 5G smartphones in more than 40 countries this year, a company official said Wednesday, as the South Korean tech giant seeks to further expand its global presence amid the rise of the next-generation mobile service. Samsung’s 5G smartphones were sold in 22 [...]
SEOUL, March 10 (Korea Bizwire) — Samsung Electronics Co. said Tuesday its researchers have developed an advanced battery technology that can boost performance of electric vehicles (EVs). Samsung’s study on new all-solid-state battery technology was presented to Nature Energy, one of the world’s leading scientific journals, the South Korean tech giant said. Compared with lithium-ion [...]
SEOUL, March 7 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. have begun their duel in the local dryer market, industry observers said Saturday, as they released new products with upgraded artificial intelligence (AI) and sanitizing features. Industry officials expect that South Korea’s clothes dryer market could grow up to 2 million units [...]
SEOUL, March 6 (Korea Bizwire) — Samsung Electronics Co. said Friday it will temporarily move some of its smartphone production to Vietnam, after shutting down a local factory following a positive coronavirus test there. Samsung shut down the factory in the southeastern city of Gumi after a worker tested positive for the new coronavirus. Samsung [...]