SEOUL, July 18 (Korea Bizwire) — Samsung C&T Corp.’s construction division has announced plans to launch an Art Gallery service that connects artwork installation and purchasing within its apartment complexes. In order to provide this service to the residents, the construction division intends to establish a strategic partnership with the art auction platform Flea Auction. [...]
SEOUL, July 13 (Korea Bizwire) — The top court finalized a three-year prison term for a former head of a mid-size technology firm Thursday for leaking Samsung Display Co.’s edge panel technology to Chinese companies in 2018. The edge panel technology, also known as 3D lamination technology, is used for making curved screen edges for [...]
SEOUL, July 13 (Korea Bizwire) — Samsung C&T Corp., the construction unit of Samsung Group, said Wednesday it has made an equity investment of US$7.5 million in CarbonCure, a Canadian carbon dioxide removal tech company. Along with the investment, the two companies have also signed a business agreement. Founded in 2012, CarbonCure has developed a [...]
SEOUL, July 6 (Korea Bizwire) – A new OLED TV, soon to be released by Samsung Electronics Co., will feature an LG Display Co. panel. Industry sources said Samsung recently included an 83-inch OLED 4K TV in its July-August catalog, expanding its existing lineup of 55-inch, 65-inch, and 77-inch OLED televisions. While the release date [...]
SEOUL, June 26 (Korea Bizwire) — South Korea has faced significant setbacks in the Korea v. Elliott Investment Management investor-state dispute settlement (ISDS) case. According to a press release titled “Decision on the Elliott International Investment Dispute Settlement (ISDS) Case” by the justice ministry on Friday, which provides a summary of the June 20 judgment, [...]
SEOUL, June 21 (Korea Bizwire) — Samsung Electronics has partnered with healthtech startup Wellnesys to bring an interactive yoga experience to smart TVs. Using YogiFi, a smart yoga mat developed by Wellness, in conjunction with Samsung Smart TVs, users can practice yoga at home and receive real-time posture correction. YogiFi’s sensors and AI technology transmit [...]
SEOUL, June 13 (Korea Bizwire) — South Korea’s chip industry is keeping close tabs on the status of exemptions from Washington’s export control measures designed to limit China’s access to advanced chip technologies following a report that such exemptions could be extended. The Wall Street Journal reported Monday that Alan Estevez, under secretary of commerce [...]
SEOUL, May 31 (Korea Bizwire) — Samsung Electronics announced on Wednesday the launch of its first-ever 89-inch micro light-emitting diode (LED) in the Chinese market. These micro LEDs are tiny LEDs that emit light and color independently, eliminating the need for backlighting or color filters and delivering exceptional picture quality. The absence of a bezel [...]
SEOUL, May 23 (Korea Bizwire) — Samsung Electronics Co. is considering hosting a smartphone unveiling event in South Korea as part of its strategy to diversify its Asian market and address declining exports to China. According to industry sources, the tech giant plans to showcase the Galaxy Z Fold 5 and Galaxy Z Flip 5 [...]
SEOUL, May 22 (Korea Bizwire) — Samsung Electronics Co. is accelerating the development of its ‘digital twin’ technology to improve efficiency in semiconductor manufacturing. According to industry sources, Samsung’s Device Solution (DS) division, which oversees its chip business, recently appointed Executive Vice President Lee Young-woong as the head of the Digital Twin Task Force. This [...]