SEOUL, Nov. 21 (Korea Bizwire) – Last Saturday, LG Electronics experienced a rapid sell-out of 300 limited edition Standby Me Go units within just nine minutes of their release on the company’s online brand shop. This exclusive release was in celebration of the LG Twins baseball club’s Korean Series victory, led by LG Chairman Koo Kwang-mo, [...]
SEOUL, Nov. 14 (Korea Bizwire) — Samsung Electronics Co. on Tuesday showcased its latest updates to software and services, including its new generative artificial intelligence (AI) model, Samsung Gauss, at an annual tech conference. At the Samsung Developer Conference (SDC) Korea 2023 in Seoul, the South Korean tech giant introduced Samsung Gauss and its three [...]
SEOUL, Nov. 1 (Korea Bizwire) – Samsung Electronics’ subsidiary Harman has taken on the role of a hidden benefactor, as it announced its most significant quarterly operating profit ever in the third quarter of this year. On Tuesday, Samsung Electronics released its third-quarter earnings report, revealing that Harman achieved sales of 3.8 trillion won and an [...]
SEOUL, Oct. 26 (Korea Bizwire) – A recent survey has revealed that LG Electronics leads in the category of home electronics most cherished by Korean consumers. According to CEO Score, a corporate data research institute, LG secured the top position with 586 products out of a total of 3,600 ranked within the top 300 in Naver [...]
SEOUL, Oct. 26 (Korea Bizwire) – A Samsung OLED promotional event held on the sunny shores of Santa Monica, California has garnered a tremendous response from local attendees eager to explore this cutting-edge technology. Organized by Samsung, the event offered consumers a unique opportunity to personally experience the exceptional performance and durability of Samsung’s product line. [...]
WASHINGTON, Oct. 13 (Korea Bizwire) –The U.S. government on Friday officially issued a rule updating general authorizations for Samsung Electronics and SK hynix to keep supplying their China-based plants with certain U.S. semiconductor manufacturing equipment. The Commerce Department’s Bureau of Industry and Security (BIS) announced the rule after it notified the Seoul government of [...]
SEOUL, Oct. 3 (Korea Bizwire) — Samsung Electronics Co., the world’s largest maker of memory chips, will build next-generation artificial intelligence (AI) chiplets for the computing startup Tenstorrent, the Canadian company has said. Tenstorrent has said it has selected Samsung’s Foundry Design Service team to manufacture its chiplets, which can be used for a wide [...]
SEOUL, Oct. 3 (Korea Bizwire) – While ‘social distancing’ was the dominant trend during the COVID-19 pandemic, with the pandemic now behind us, there’s a rising interest in ‘on-the-go’ items as more people embark on camping trips and road journeys. During the pandemic, the electronics industry introduced products tailored to the behavioral patterns and routines of [...]
SEOUL, Sept. 28 (Korea Bizwire) – Samsung Engineering announced on Wednesday that it had received a $19.5 million FEED (Front End Engineering Design) contract for a petrochemical plant in Saudi Arabia. The project, commissioned by Alujain National Industrial Co., involves the basic design of a propane dehydrogenation (PDH) plant with an annual capacity of 600,000 tons [...]
SEOUL, Sept. 27 (Korea Bizwire) – Samsung Electronics has achieved a groundbreaking milestone by successfully developing a Low Power Compression Attached Memory Module (LPCAMM), a next-generation memory solution based on low-consumption DRAM technology. This achievement is poised to reshape the landscape of the next-generation PC market, including notebooks and mini-PCs, due to its remarkable potential for [...]