SEOUL, Sept. 10 (Korea Bizwire) — Following Apple Inc.’s unveiling of the new iPhone 14 series on Wednesday, Samsung Electronics Co. posted a message online targeting Apple’s newest product. The South Korean tech giant’s U.S. branch said in a tweet to “Let us know when it folds”, hinting at Apple’s lack of innovation in the [...]
BERLIN, Sept. 4 (Korea Bizwire) — Making a new hinge mechanism that is slimmer and lighter while maintaining its sturdiness was one of the greatest challenges in the development of the latest foldable phones, a Samsung executive has said. “There are two core elements needed to produce a successful foldable phone: a flexible and foldable [...]
SEOUL, May 19 (Korea Bizwire) — South Korea’s two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — are intensifying their competition in the beam projector market. LG on Wednesday signed an agreement with Kim Caddie, a golf booking service platform. Based on the agreement, LG expects to supply LG ProBeam laser projectors [...]
SEOUL, May 5 (Korea Bizwire) — In the midst of a decline in the average age of stock investors, the number of Samsung Electronics Co. shareholders who are under 20 years old is rising at a rapid pace, data showed Wednesday. The number of small shareholders in global tech giant in this age group totaled [...]
SEOUL, May 4 (Korea Bizwire) — Global tech giant Samsung Electronics Co. retained the No. 1 spot on the list of South Korea’s top 500 firms by sales, with 39 businesses newly making the list, a corporate tracker said Wednesday. Samsung Electronics, the flagship unit of South Korea’s leading family-controlled conglomerate Samsung Group, remained the [...]
SEOUL, April 27 (Korea Bizwire) — Last year, the visual display businesses at Samsung Electronics Co. and LG Electronics Inc. saw drops in the capacity utilization rate from the previous year, but the average sales price per device sold increased, largely thanks to premium TVs, data showed Tuesday. Leaders Index studied the business reports of [...]
SEOUL, Jan. 26 (Korea Bizwire) — A host of premium TV models made by South Korean companies are included in the list of TVs recommended as best buys by a U.S. consumer advocacy magazine. Consumer Reports recently selected Samsung Electronics Co.’s 75-inch Neo QLED TV (75QN85) and LG Electronics Inc.’s OLED TV (77CX) as its [...]
SEOUL, Jan. 10 (Korea Bizwire) — At Consumer Electronics Show (CES) 2022, the traditional competition between Samsung Electronics Co. and its home rival LG Electronics Inc. was nowhere to be seen. Samsung plans to release an OLED-based QD Display TV this year, returning to the OLED market currently dominated by LG. “It is something we [...]
SEOUL, Dec. 6 (Korea Bizwire) — Samsung Group’s de facto leader Lee Jae-yong left for the United Arab Emirates on Monday in the latest move to expand global networks and seek new business opportunities. The trip will also take the vice chairman of Samsung Electronics Co. to Saudi Arabia. Lee plans to enhance cooperation in [...]
SEOUL, Nov. 25 (Korea Bizwire) — With an increasing number of South Koreans falling victim to voice phishing, Samsung Electronics Co. and the National Police Agency (NPA) have decided to join forces to develop more advanced phishing detection technology. Phishing scams continue to evolve in sophistication, and methods continue to grow bolder. Lately, more blatant [...]