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 [...]
SAN FRANCISCO, Nov. 19 (Korea Bizwire) — Via Licensing Corporation, the collaborative licensing leader, today announced that Samsung has joined the company’s MPEG-H 3D Audio patent pool as both a licensee and a licensor. Launched in June 2021, Via’s pool enables innovators and implementors to license MPEG-H 3D Audio standard essential patents under fair and [...]
SEOUL, Oct. 19 (Korea Bizwire) — With the trend toward larger screen TVs accelerating, South Korea’s two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — are about to release new models with a screen size of about 100 inches. Samsung, which is leading the ultra large-sized TV market, is highly likely to [...]
SEOUL, Oct. 14 (Korea Bizwire) — Shares of South Korea’s two chipmakers — Samsung Electronics Co. and SK hynix Inc. — have withered in recent days despite upbeat news that they are going to post record quarterly sales backed by brisk memory chip businesses. In its third-quarter earnings guidance released earlier this month, Samsung Electronics [...]
SEOUL, Oct. 9 (Korea Bizwire) — South Korean chipmakers Samsung Electronics Co. and SK hynix Inc. may have to pay part of their corporate taxes to foreign countries where they earn profits under a new landmark global taxation scheme. A group of 360 countries agreed on a two-pillar deal Friday to impose a global minimum [...]
SEOUL, Aug. 25 (Korea Bizwire) — Around 80 percent of Samsung Group’s investment plan of 240 trillion won (US$205.5 billion) is expected to be spent on chips, analysts here said Wednesday, amid its push to bolster technology leadership in the semiconductor market. Samsung, South Korea’s largest conglomerate, announced Tuesday it plans to invest 240 trillion [...]