SEOUL, Nov. 28 (Korea Bizwire) — Samsung Electronics Co. has agreed to supply central processing units (CPUs) for computers to Intel Corp. to help address the U.S. chipmaker’s chip supply issues, industry sources said Thursday. Intel has been struggling to meet demand for 14-nanometer chips for PCs since late 2018 and recently issued an apology [...]
SEOUL, Nov. 26 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will expand support for local startups with promising technologies to explore new business opportunities and create synergy. The Korean tech giant introduced 18 startups selected as part of the C-Lab Outside program during a Demo Day event at its Seoul R&D campus, which [...]
SEOUL, Nov. 16 (Korea Bizwire) – Samsung Electronics Co.’s first labor union under a major South Korean umbrella union group set sail Saturday. The union, under the Federation of Korean Trade Unions (FKTU), submitted a labor union establishment application to the government Monday and earned the approval two days later. The union did not unveil [...]
SEOUL, Nov. 7 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are lowering the price of LTE flagship smartphones released this year while offering higher subsidies to empty out remaining stocks. South Korean telecom giant KT Corp. raised the official subsidy for the LG G8 ThinQ to a maximum of 655,000 won (US$564) [...]
SEOUL, Nov. 4 (Korea Bizwire) — The volume of South Korea’s chip exports has climbed more than 5 percent this year despite a tumble in prices of key products, data showed Monday. The country’s semiconductor exports totaled 29,834 tons for the year up to Oct. 25, up 5.2 percent from the same period a year [...]
SEOUL, Nov. 1 (Korea Bizwire) — It is never easy to start a new business and manage to survive for several decades, especially in a technology industry that changes at dizzying speed. Samsung Electronics Co. gets much credit for starting as a small electronics company amid the ashes of the 1950-53 Korean War and expanding [...]
SEOUL, Oct. 31 (Korea Bizwire) — Samsung Electronics Co. said Thursday its net profit more than halved in the third quarter from a year earlier due to weak memory chip prices, but it projects upbeat prospects for the chip market next year. The net profit of the world’s largest memory chip and smartphone maker tumbled [...]
SAN JOSE, Oct. 29 (Korea Bizwire) — Samsung Electronics Co. has showed off a mock-up of a new foldable phone that folds in half horizontally in the latest move to diversify its foldable lineup. The South Korean tech giant introduced the new concept phone that folds into a square during its annual developer conference in [...]
SEOUL, Oct. 24 (Korea Bizwire) — Although Samsung Electronics Co. and LG Electronics Inc. are currently engaged in a so-called ’8K war’, it is predicted that sales of 8K TV markets will remain sluggish for some time. In a recent report, global market research firm IHS Markit estimated that the number of 4K TVs sold [...]
SEOUL, Oct. 21 (Korea Bizwire) — Samsung Electronics Co., an official sponsor for the 2020 Tokyo Olympics, has decided to overhaul its marketing strategy for the upcoming Olympic Games amid a prolonged dispute between South Korea and Japan. Samsung reportedly plans to remove the company name from all advertisements for the Olympics, and replace it [...]