SEOUL, Feb. 27 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled two new smartwatch models in South Korea in a move to expand its presence in the wearable device market. The Galaxy Watch Active2 Golf Edition and the Galaxy Watch Active2 LTE Aluminum models will be launched in South Korea on Friday, according to [...]
SEOUL, Feb. 22 (Korea Bizwire) — Samsung Electronics Co. said Saturday it has temporarily shut down a smartphone plant in the southeastern city of Gumi, shortly after a plant employee tested positive for the new coronavirus. Samsung plans to complete disinfection work at the plant in Gumi, 260 kilometers southeast of Seoul, by Sunday and [...]
SEOUL, Feb. 21 (Korea Bizwire) — The limited edition of Samsung Electronics Co.’s vertically folding smartphone has sold out in South Korea, the company said Friday, despite its premium price tag. The South Korean tech giant said the Galaxy Z Flip Thom Browne edition sold out just two and a half hours after its website [...]
SEOUL, Feb. 19 (Korea Bizwire) — Samsung Electronics Co. signed a partnership with K-pop super band BTS for marketing of its new smartphones, company officials said Wednesday. Samsung will first work with BTS for the boy band’s global contemporary art initiative, “CONNECT, BTS,” and will expand their collaboration to other areas, according to the officials. [...]
SEOUL, Feb. 13 (Korea Bizwire) — Prosecutors have launched an investigation into Samsung heir-apparent Lee Jae-yong’s suspected drug use, while the top conglomerate has flatly denied the allegation. The Seoul Central District Prosecutors Office began the probe after a whistleblower reported the case to the state anti-corruption watchdog, demanding an investigation into the allegation, according [...]
SEOUL, Feb. 11 (Korea Bizwire) — Samsung Electronics Co. is set to unveil its new flagship and foldable smartphones this week as the South Korean tech giant aims to better target the premium mobile phone market. Samsung will introduce its new flagship smartphone, supposedly named the Galaxy S20, and a clamshell-like folding phone, expected to [...]
SEOUL, Feb. 9 (Korea Bizwire) — Samsung Group’s affiliates will extend 2.6 trillion won (US$2.2 billion) in financial support to their subcontractors to help them weather the fast-spreading coronavirus, the group said Sunday. Samsung Electronics Co., Samsung Display Co. and Samsung Electro-Mechanics will jointly extend 1 trillion won worth of loans at zero or low [...]
SEOUL, Jan. 29 (Korea Bizwire) — Samsung Electronics Co. on Wednesday launched new laundry appliances with upgraded artificial intelligence (AI) features for the South Korean market. The tech giant unveiled its Grande AI range of washing machines and dryers — part of the company’s Project Prism, which aims to reflect consumers’ lifestyles and offer personalized [...]
SEOUL, Jan. 28 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong is on a tour to Brazil to check the South Korean tech giant’s business plans for the Latin American market, the company said Tuesday. Lee, the de facto leader of Samsung Group, visited Samsung Electronics’ manufacturing plant in Manaus, Amazonas, in northern Brazil [...]
SEOUL, Jan. 27 (Korea Bizwire) — Ending a legal fight that lasted over five years, South Korea’s top court said Monday it has reaffirmed a lower court’s ruling accepting a divorce claim filed by Lee Boo-jin, the eldest daughter of the family that owns Samsung. The Supreme Court upheld the lower court’s decision that ordered [...]