SEOUL, Aug. 1 (Korea Bizwire) – In a setback to Samsung Electronics’ ambitious healthcare expansion plans, the tech giant is facing criticism over battery drain issues in its latest smartwatch. This comes on the heels of quality concerns surrounding its Bluetooth earphones, once again putting the company’s product reliability under scrutiny. Reports have emerged of abnormal [...]
SEOUL, Jul. 29 (Korea Bizwire) – In a groundbreaking technological feat, Samsung Electronics announced on July 28 that it successfully used its Galaxy S24 Ultra smartphones to live broadcast the 2024 Paris Olympics opening ceremony. This innovative approach was the result of a collaboration between Samsung, the International Olympic Committee (IOC), and Olympic Broadcasting Services (OBS). [...]
SEOUL, Jul. 26 (Korea Bizwire) – In a recent survey, Samsung Galaxy users reported nearly identical satisfaction levels to those of Apple iPhone users, signaling a significant shift in the smartphone market dynamics. According to a mobile communications survey conducted by Consumer Insight, a market research firm, the overall satisfaction score for Samsung’s Galaxy S series [...]
SEOUL, Jul. 23 (Korea Bizwire) – In a strategic move to secure a leading position in the next-generation artificial intelligence (AI) semiconductor market, Samsung Electronics is ramping up investments in AI chip companies. Industry sources reported on July 22 that the Samsung Catalyst Fund (SCF), a venture capital fund that operates under the Samsung Semiconductor Innovation [...]
SEOUL, Jul. 22 (Korea Bizwire) – Samsung Electronics, the South Korean tech giant, is revving up its merger and acquisition (M&A) engine, with a particular focus on artificial intelligence (AI) technologies. The company’s recent moves have ignited speculation about its next big deal and future direction in the rapidly evolving AI landscape. On July 16, Samsung [...]
SEOUL, Jul. 18 (Korea Bizwire) – Samsung Electronics and Tesla have officially rolled out their jointly developed energy management service, marking a significant step in smart home technology integration. As of late last month, Tesla users in the United States can now utilize Samsung’s SmartThings Energy platform to monitor their Tesla solar panel power production, remaining [...]
SEOUL, Jul. 11 (Korea Bizwire) — South Korea has filed a suit to reverse an international tribunal’s recent order to pay US$32 million in compensation to U.S. hedge fund Mason Capital over a controversial 2015 merger of two Samsung affiliates, officials said Thursday. The suit filed by the government is in response to the Permanent [...]
SEOUL, Jul. 10 (Korea Bizwire) — Unionized workers at Samsung Electronics Co., staging the biggest labor action in the technology giant’s 55-year history, declared an “indefinite general strike” Wednesday, stepping up pressure over their demand for a pay raise. After a three-day strike scheduled to come to an end Wednesday, the National Samsung Electronics Union [...]
SEOUL, Jul. 4 (Korea Bizwire) – Song Jai-hyuk, Chief Technology Officer of Samsung Electronics’ Device Solutions Division and president of Samsung’s Semiconductor Research Center, expressed optimism about the company’s future in the rapidly evolving semiconductor industry. Speaking at the “Nano Korea 2024″ conference in Goyang on July 3, Song delivered a keynote address titled “Semiconductor Innovation [...]
SEOUL, Jun. 27 (Korea Bizwire) – Samsung Electronics’ Device Solutions (DS) Division, responsible for the company’s semiconductor business, held its semi-annual global strategy meeting on June 26 to discuss ways to secure future competitiveness in the semiconductor industry. The meeting, chaired by DS Division head Kyung Kye-hun, was held at Samsung’s Hwaseong campus in Gyeonggi Province. [...]