SEOUL, June 26 (Korea Bizwire) — Samsung Electronics Co. maintained the runner-up spot in the global smartwatch market in the first quarter of the year despite a drop in its market share, a report showed Friday. The South Korean tech giant’s global smartwatch market share stood at 10 percent in the January-March period, down 3 [...]
SEOUL, June 9 (Korea Bizwire) — Samsung Group on Tuesday breathed a sigh of relief as its de facto leader Lee Jae-yong avoided arrest over an investigation into a controversial merger between two group units a few years ago, but South Korea’s largest conglomerate still faces the challenges of Lee’s drawn-out legal battle and uncertainties [...]
SEOUL, June 7 (Korea Bizwire) — Samsung Group on Sunday asked the media to refrain from publishing speculative reports related to the prosecution’s investigation of a controversial merger of two affiliates. “Speculative or unconfirmed reports with questionable sources are continuing to come out as of late. Of those, some stories are based on the impression [...]
SEOUL, May 31 (Korea Bizwire) — Samsung Group, South Korea’s top conglomerate, said Sunday it is considering expanding its remote hiring process after wrapping up its first-ever online recruitment exam amid the coronavirus pandemic. The Global Samsung Aptitude Test (GSAT), an entrance exam for those who seek jobs at Samsung, was conducted online for the [...]
SEOUL, May 29 (Korea Bizwire) — A fired worker of Samsung Group ended his nearly one-year protest atop a 25-meter tower in southern Seoul on Friday, after South Korea’s largest conglomerate apologized and promised to resolve what he claims to be his unlawful dismissal. Kim Yong-hee, a former employee of the now-defunct Samsung Techwin Co., [...]
SEOUL, May 22 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chipmaker, said Friday that it has sent 300 more South Korean engineers and workers to China to complete the expansion of its second chip manufacturing plant amid the novel coronavirus pandemic. Samsung said engineers and workers, including some from its subcontractors, left [...]
SEOUL, May 20 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong showed up at the exclusive arrival hall at Gimpo Airport Tuesday afternoon upon his return from a business trip to China, wearing a protective mask and gloves. The de facto leader of South Korea’s top conglomerate was carrying a small suitcase that accompanied [...]
SAN FRANCISCO, May 19 (Korea Bizwire) — Via Licensing Corporation, the collaborative licensing leader, and Samsung Electronics today announced an agreement that provides Samsung a worldwide license to the standard essential patents in Via’s Advanced Audio Coding patent pool and also adds key Samsung audio innovations to the pool. “We are delighted to welcome Samsung [...]
SEOUL, May 19 (Korea Bizwire) — Samsung Electronics Co.’s share of the global TV market hit an all-time high in the first quarter amid an overall market fall due to the coronavirus pandemic, a market tracker said Tuesday. The South Korean tech kingpin accounted for 32.4 percent of the world TV market in terms of [...]
SEOUL, May 19 (Korea Bizwire) — Samsung Electronics Co.’s mobile business may benefit from the recent U.S. ban on Chinese tech giant Huawei Technologies Co., analysts here said Tuesday, amid its efforts to recover from the fallout from the novel coronavirus pandemic. The United States recently announced that it will block foreign chipmakers using American [...]