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Samsung Electronics Chairman Vows to Join Global Efforts on Safe AI

Samsung Electronics Chairman Vows to Join Global Efforts on Safe AI

SEOUL, May 22 (Korea Bizwire) — Samsung Electronics Co. Chairman Lee Jae-yong has expressed his commitment to joining the international community’s efforts for safe, innovative and inclusive artificial intelligence (AI) technology at a global summit, the company said Wednesday. “Beyond impacting industrial innovation and economic growth, AI is fundamentally changing the way we live, work [...]

14 Global Tech Giants Adopt Business Pledge on ‘Responsible’ Development of AI

14 Global Tech Giants Adopt Business Pledge on ‘Responsible’ Development of AI

SEOUL, May 22 (Korea Bizwire) — A group of South Korean and global tech companies adopted a joint pledge on Wednesday, vowing to responsibly develop and use artificial intelligence (AI) and to address social challenges with the technology. The Seoul AI Business Pledge was announced by 14 companies, including Korea’s Samsung Electronics Co., Naver Corp., [...]

Samsung’s Top Clients Include Chinese Chip Suppliers as Sales Grow

Samsung’s Top Clients Include Chinese Chip Suppliers as Sales Grow

SEOUL, May 17 (Korea Bizwire) – Two companies that supply semiconductors to China have entered Samsung Electronics’ list of five top revenue sources, underscoring the growing importance of the Chinese market for the South Korean tech giant. According to Samsung’s quarterly report disclosed on May 16, its five biggest revenue drivers in the first quarter were [...]

Samsung Launches Gift Funding Campaign for Meaningful Occasions

Samsung Launches Gift Funding Campaign for Meaningful Occasions

SEOUL, May 17 (Korea Bizwire) – Samsung Electronics announced on May 16 that it is introducing a ‘Gift Funding’ campaign to cater to consumers who desire practical gifts for special occasions.  Building upon last year’s successful ‘Bespoke Wedding Funding’ initiative targeted at engaged couples, the company has expanded the scope to encompass a broader range of [...]

Samsung Electronics’ Affiliate Acquires French AI Medtech Startup Sonio

Samsung Electronics’ Affiliate Acquires French AI Medtech Startup Sonio

SEOUL, May 8 (Korea Bizwire) — Samsung Electronics Co. said Wednesday its medical equipment unit Samsung Medison Co. has acquired the French artificial intelligence medtech startup Sonio, as part of its effort to expand its AI-powered health care solution business. Samsung Medison entered into a share purchase agreement to acquire Sonio, which specializes in AI [...]

Samsung Unveils 114-Inch Micro LED TV, Bolstering Ultra-Premium Market Push

Samsung Unveils 114-Inch Micro LED TV, Bolstering Ultra-Premium Market Push

SEOUL, May 8 (Korea Bizwire) – Samsung Electronics has introduced Korea’s largest Micro LED display, a 114-inch colossus that doubles down on its pursuit of the ultra-premium TV segment by expanding its Micro LED lineup to meet consumer demand for supersized screens. The 114-inch model joins Samsung’s existing 89-inch and 101-inch Micro LED offerings, providing consumers [...]

Samsung, SK Telecom and Naver Ranked as Top A.I. Companies by Young South Koreans

Samsung, SK Telecom and Naver Ranked as Top A.I. Companies by Young South Koreans

SEOUL, May 7 (Korea Bizwire) – Samsung Electronics, SK Telecom and Naver have emerged as the top artificial intelligence companies in South Korea, according to a survey of people from the MZ generation (those born between 1980 and the early 2000s) by the job platform Jobplanet.  The survey of 947 MZ generation respondents revealed Samsung Electronics, [...]

Samsung Offers Free Galaxy S24 Series Rental at Incheon Airport Ahead of Summer Travel

Samsung Offers Free Galaxy S24 Series Rental at Incheon Airport Ahead of Summer Travel

SEOUL, May 3 (Korea Bizwire) – Samsung Electronics announced that it will offer a free rental service for its Galaxy S24 series smartphones at Incheon Airport until June 9, catering to travelers during the summer season.  The rental service is available to anyone aged 14 and above who is departing from Incheon Airport. Reservations will be [...]

Samsung’s Mobile Business Shines Despite Smartphone Market Slump

Samsung’s Mobile Business Shines Despite Smartphone Market Slump

SEOUL, May 1 (Korea Bizwire) – Despite the global smartphone market’s contraction, Samsung Electronics’ mobile experience (MX) division reported robust first-quarter earnings, buoyed by the strong sales performance of its latest artificial intelligence (AI)-powered flagship, the Galaxy S24 series.  According to Samsung’s earnings release on April 30, the company’s MX and Networks divisions posted consolidated revenue [...]