SEOUL, Aug. 11 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. said Friday they will attend IAA Mobility 2023, an annual global mobility show to be held in Germany, for the first time, in a step seen as an attempt to gain a bigger share in the fast-growing electric vehicle (EV) parts market. [...]
SEOUL, Aug. 11 (Korea Bizwire) — Samsung Electronics Co. has introduced a variety of popular dessert brands, favored by individuals in their 20s and 30s, to its in-house cafeterias as a morale-boosting initiative for its employees. Since July, the company has been providing renowned donuts from well-known dessert brand Cafe Knotted, operated by local restaurant [...]
SEOUL, Aug. 8 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are poised to introduce a fresh array of offerings at IAA Mobility 2023, slated to take place from Sept. 5-10 in Munich, Germany, aimed at establishing dominance in the automotive electronics market. Samsung’s device solution (DS) division, responsible for the chip business, [...]
SEOUL, Aug. 7 (Korea Bizwire) — Samsung Electronics Co. said Sunday its TV had been selected by “Which?,” a British non-profit Consumers’ Association magazine, as the Best Accessibility product. In partnership with the Royal National Institute of Blind People, Which? evaluated TV video and sound quality, along with accessibility, and designated the Samsung Neo QLED [...]
SEOUL, July 20 (Korea Bizwire) — Global smartphone shipments fell 11 percent on-year in the second quarter, a report showed Thursday, as the market continued to face headwinds of slower consumer demand amid macroeconomic uncertainties. Market research firm Canalys said the continued market slump impacted market leaders, like Samsung Electronics and Apple, which had to [...]
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, [...]