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 [...]
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 [...]
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. [...]
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 [...]
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 [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korean university students turned out to perceive Apple Inc. as having a “trend-setting” image and Samsung Electronics Co. as having a “friendly” image, a survey showed Tuesday. University student community operator Vinu Labs Inc. conducted a survey of 2,000 students in their 20s who said they had more than [...]
SEOUL, Dec. 18 (Korea Bizwire) — The heads of South Korea’s biggest conglomerate Samsung Group and German carmaker BMW Group discussed ways to strengthen their battery business partnership, Samsung said Sunday. Samsung Group’s de facto leader Lee Jae-yong met with BMW Group Chief Executive Oliver Zipse at the BMW Driving Center in Incheon, just west [...]
SEOUL, Nov. 24 (Korea Bizwire) — Samsung Group, South Korea’s top conglomerate, said Wednesday it had donated four blood donation buses built with contributions from executives to the Korean Red Cross. In January, Samsung executives voluntarily donated 10 percent of the bonuses they received in December last year to come up with a donation fund [...]
SEOUL, Nov. 4 (Korea Bizwire) — Automotive electronics is emerging as a source of optimism for Samsung Electronics Co. and LG Electronics Inc. amid sluggish semiconductor and TV sales. Samsung’s subsidiary Harman International, a major maker of in-car entertainment systems and car audio equipment, posted sales of 3.63 trillion won and operating profits of 310 [...]
SEOUL, Oct. 11 (Korea Bizwire) — Controversy sparked after newly recruited employees sought to sell gifts from their employers at a secondhand transactions platform. A recently posted article on Blind, a workplace community app, said that some of this year’s new recruits at Samsung Electronics Co. had sold their ‘recruitment gifts’ on Danggeun Market, a [...]