SEOUL, Apr. 24 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will invest 133 trillion won (US$115.7 billion) by 2030 to expand its non-memory and foundry business to take the top spot in the high-tech and lucrative sector. The world’s largest memory chip maker announced measures to develop the semiconductor ecosystem with increased investment [...]
SEOUL, Apr. 22 (Korea Bizwire) — South Korea’s major chipmakers are stepping up efforts to expand their presence in the foundry and non-memory businesses to diversify portfolios that heavily rely on memory chips in search of new growth engines, industry officials said Monday. Samsung Electronics Co. and SK hynix Inc. hold over 60 percent of [...]
SEOUL, Apr. 22 (Korea Bizwire) — Samsung Electronics Co. has reportedly delayed the launch events of its upcoming Galaxy Fold in China, days after reports of broken prerelease units given to U.S. reviewers, according to media reports Monday. Samsung had planned to hold launch events for its foldable smartphone in China this week for media [...]
SEOUL, Apr. 18 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has retrieved Galaxy Folds given to some early reviewers in the United States to look into their claims that some units broke. Samsung provided a limited number of the device to media for review ahead of its launch for April 26 in the [...]
SEOUL, Apr. 16 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that it has completed the development of its latest fabrication process technology, bolstering its bid to expand its presence in the global foundry market. Samsung, the world’s largest memory chip maker, said the development of its 5-nanometer (nm) FinFET process technology is complete and [...]
SEOUL, Apr. 15 (Korea Bizwire) — Samsung Electronics Co. started preorders for the Galaxy Fold in the United States but closed it due to limited supplies and high demand for the new device, the South Korean electronics maker said Monday. Samsung said it started accepting reservations for advance orders of its first foldable device for [...]
SEOUL, Apr. 10 (Korea Bizwire) — Samsung Electronics Co. said Wednesday that it has delivered the largest share of 5G network solutions in South Korea, making it the leading 5G network vendor in the country. 5G service is now commercially available to consumers and enterprises from all three mobile carries — SK Telecom Co., KT [...]
SEOUL, Apr. 5 (Korea Bizwire) — Samsung Electronics Co. said Friday its operating earnings likely plunged in the first quarter from a year earlier amid falling memory chip prices and weak demand for display panels. The operating profit was estimated at 6.2 trillion won (US$5.45 billion) in the January-March period, a 60.4 percent drop from [...]
SEOUL, Apr. 5 (Korea Bizwire) — Samsung Electronics Co. launched its Galaxy S10 5G in South Korea on Friday, hoping to boost the stagnant smartphone market with the new device designed for the latest mobile network. The nation’s three mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — started official registration [...]
SEOUL, Apr. 2 (Korea Bizwire) — As Samsung Electronics Co. released a video clip on Monday advertising perfume on its official semiconductor Instagram account, attention from inside and outside of the industry has been drawn. The short clip, about 15 seconds long, features a caption titled “EVO 860ml,” along with a scene where a small [...]