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Samsung Sharing Kiosks Surpass Donation Objective After Just Two Weeks

Samsung Sharing Kiosks Surpass Donation Objective After Just Two Weeks

SEOUL, May 21 (Korea Bizwire) —Samsung Electronics’ ‘Sharing Kiosks’ have achieved remarkable success, surpassing the company’s initial goal of 100 million won within two weeks of the campaign’s launch. The kiosks enable employees to contribute 1,000 won automatically using their employee ID cards. As of 5 p.m. on May 17, the donations collected through the [...]

Samsung, LG Partner with KEPCO to Build Energy Self-sufficient City in Naju

Samsung, LG Partner with KEPCO to Build Energy Self-sufficient City in Naju

SEOUL, May 11 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. will take part in the construction of an energy self-sufficient city in Naju, North Jeolla Province, where the headquarters of the state-run utility Korea Electric Power Corp. (KEPCO) are located. The two companies announced on Wednesday that they will cooperate to establish [...]

Samsung Showcases Sustainable Food Life with Bespoke Refrigerators

Samsung Showcases Sustainable Food Life with Bespoke Refrigerators

SEOUL, April 24 (Korea Bizwire) — Samsung Electronics showcased its sustainable food life Bespoke refrigerators at the ’2023 Allure Green Campaign’ in Seoul, South Korea. The company introduced the ‘Bespoke Wonder Garden’ concept and showcased various zones, including the ‘Strange Photo Zone’ and the ‘Save the Earth, Games Zone’. Visitors were also able to check [...]

Samsung, Naver Unveil Ambitious Plans on April Fools’ Day

Samsung, Naver Unveil Ambitious Plans on April Fools’ Day

SEOUL, April 3 (Korea Bizwire) — South Korea’s two major tech giants pulled a prank for a bit of fun on April Fools’ Day. Samsung Electronics Co. on Saturday posted on its website that it had released the Galaxy S23 Bow-Wow Edition, the world’s first smartphone designed exclusively for dogs. This cream-colored smartphone can diagnose [...]

Samsung, SK hynix Breathe Sigh of Relief as U.S. ‘Guardrails’ are Less Tough than Feared

Samsung, SK hynix Breathe Sigh of Relief as U.S. ‘Guardrails’ are Less Tough than Feared

SEOUL, March 22 (Korea Bizwire) — South Korean chipmakers appeared to breathe a sigh of relief Wednesday, as the U.S. government’s new rules for the Chips Act, announced last night, were less stringent than had been previously feared. Washington said late last month it would ban any recipient of federal money from the US$53 billion [...]

Samsung Re-enters OLED TV Market After 10-year Hiatus

Samsung Re-enters OLED TV Market After 10-year Hiatus

SEOUL, March 12 (Korea Bizwire) — Samsung Electronics, the world’s largest TV maker, has made a surprising comeback in the OLED TV market after withdrawing 10 years ago due to yield problems. The company recently introduced a new product that will compete directly with its biggest rival, LG Electronics, which has been leading the OLED market. [...]

U.S. Chips Act Raises Biz Uncertainty for Samsung, SK hynix

U.S. Chips Act Raises Biz Uncertainty for Samsung, SK hynix

SEOUL, March 2 (Korea Bizwire) — Washington’s Chips Act and its requirements for companies receiving incentives are likely to put South Korean chipmakers’ ability to navigate business uncertainties and balance between the United States and China to the test. The Biden administration on Tuesday announced conditions for subsidies under the US$53 billion act, designed to [...]

Samsung Makes Active Use of Chinese Mobile Game to Promote Galaxy S23

Samsung Makes Active Use of Chinese Mobile Game to Promote Galaxy S23

SEOUL, Feb. 21 (Korea Bizwire) — Samsung Electronics Co. is actively using a Chinese mobile game to highlight the performance of its latest Galaxy S23 series. The South Korean tech giant recently installed “Genshin Impact,” an online role-playing game from Chinese video gaming company miHoYo, on the Galaxy S23 devices it displayed at its domestic [...]