SEOUL, Jan. 16 (Korea Bizwire) — Samsung Electronics’ newly launched “Galaxy Easy Trade-in” program, which began on January 14, is facing a consumer backlash over what many consider to be underwhelming trade-in values for used devices. The program, which operates through Samsung.com, allows consumers to sell their Galaxy smartphones without requiring the purchase of a new [...]
SEOUL, Jan. 14 (Korea Bizwire) — A notable shift in South Korea’s mobile phone market has seen carriers KT and LG Uplus significantly increase subsidies for the iPhone 16 series, influenced by the upcoming release of Samsung’s Galaxy S25 and the abolition of the Mobile Device Distribution Act. Some premium plan subscribers can now obtain even [...]
SEOUL, Jan. 14 (Korea Bizwire) — Samsung Electronics is set to launch “Galaxy Easy Trade-in” (unofficial translation), a new buyback program for used smartphones, on its Samsung.com platform starting January 14. According to Samsung, customers looking to sell their used Galaxy smartphones can visit the Galaxy Easy Trade-in page on Samsung.com beginning January 14 to receive [...]
LAS VEGAS, Jan. 8 (Korea Bizwire) — Harman International, a wholly owned automotive and audio subsidiary of Samsung Electronics Co., on Wednesday unveiled its new “automotive intelligence” technologies at CES 2025, aiming to deliver personalized in-cabin experiences through advanced intelligence and contextual awareness. “The automotive industry is rapidly transitioning to software-defined vehicles, with cars evolving [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) — Jensen Huang, CEO of Nvidia Corp., on Tuesday hinted that Samsung Electronics Co. will soon be able to supply its high bandwidth memory (HBM) chips to the U.S. AI chip giant. “They are working on it. They’re gonna succeed. No question,” Huang said in a press event on [...]
SEOUL, Jan. 7 (Korea Bizwire) — Samsung Electronics Co. will hold this year’s Galaxy Unpacked event in the United States this month, company officials said Tuesday, where the company is expected to unveil its new Galaxy S series smartphones with advanced artificial intelligence (AI) features. The upcoming event will be held in San Jose, California, [...]
LAS VEGAS, Jan. 5 (Korea Bizwire) — Samsung Electronics Co. said Sunday it will propose Home AI, a hyper-personalized solution combining cutting-edge artificial intelligence and enhanced connectivity, at CES 2025. The South Korean tech giant will run a 3,368-square-meter showroom at the Las Vegas Convention Center, the largest among corporate participants at the annual tech [...]
SEOUL, Jan. 1 (Korea Bizwire) — Samsung Electronics announced on Wednesday the release of its AI-enabled PC, the Galaxy Book5 Pro, set to hit the South Korean market on January 2. The new device boasts cutting-edge AI features, designed to enhance productivity and user experience. Equipped with Intel’s Core Ultra Processor Series 2 (codenamed “Lunar Lake”), [...]
SEOUL, Dec. 30 (Korea Bizwire) — Samsung Group, South Korea’s largest conglomerate, has seen its market capitalization plummet by over 160 trillion won this year, marking a significant contraction in its dominance on the domestic stock market. As of December 26, the total market value of Samsung’s 22 listed companies, including Samsung Electronics, Samsung Biologics, [...]
SEOUL, Dec. 23 (Korea Bizwire) – The projected fourth-quarter earnings for South Korea’s semiconductor leaders, Samsung Electronics and SK Hynix, have been revised downward as prolonged economic uncertainty weighs on IT demand. A polarized market driven by robust growth in artificial intelligence (AI) chips contrasts sharply with declining legacy semiconductor demand, creating headwinds for the [...]