SEOUL, Sept. 18 (Korea Bizwire) — The second batch of Samsung Electronics Co.’s Galaxy Fold sold out soon after pre-orders opened in South Korea Wednesday, industry officials said. After the first batch of the foldable smartphones, estimated at around 3,000 units, sold out upon its launch on Sept. 6, Samsung and the nation’s three mobile [...]
SEOUL, Sept. 17 (Korea Bizwire) – Samsung Electronics Co. said Tuesday it has sold over 1 million Galaxy Note 10s in South Korea, making it the fastest Samsung smartphone to reach the milestone. Sales of the Note 10, released only in 5G model in the domestic market on Aug. 23, surpassed the milestone 25 days [...]
BERLIN/SEOUL, Sept. 11 (Korea Bizwire) — Now that both Samsung Electronics and Apple have revealed their latest smartphone lineups for this year, here’s a simple question to ask. What are the two things Samsung has that Apple doesn’t in this year’s smartphone lineup? 5G and foldable. Amid flattening smartphone sales, Samsung has changed its strategy [...]
SEOUL, Sept. 10 (Korea Bizwire) — Lee Kun-hee, chief of South Korea’s top conglomerate, Samsung Group, saw his stock value increase the most over the past five years compared to other business tycoons, a report showed Tuesday. Lee, bedridden, held stocks worth 14.8 trillion won (US$12.4 billion) as of Friday, according to the report compiled [...]
BERLIN, Sept. 9 (Korea Bizwire) — Consumers who want the best picture quality TVs available now will look to QLED models by Samsung Electronics and OLED TVs by LG Electronics, and they are likely to see 8K next to a price tag of several thousand dollars. 8K refers to the highest-resolution standard for content creation, [...]
BERLIN, Sept. 6 (Korea Bizwire) — Samsung Electronics Co. will bolster efforts to expand its presence in Europe’s built-in home appliance market with the launch of its customizable refrigerator lineup BESPOKE, its chief executive said. Since its debut in South Korea in June, BESPOKE made a splash in the domestic market with various options for [...]
SEOUL, Sept. 5 (Korea Bizwire) — Eight out of 10 people in their 40s and 50s who have ever bought or sold a used cell phone were found to have traded Samsung phones. SK Telink’s used phone trading platform called “Barunfon” surveyed 400 adult men and women. The results showed that 78.4 percent of people [...]
BERLIN, Sept. 5 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will expand partnerships with major European streaming services to create more content optimized for 8K televisions. On the eve of opening of major tech show IFA, Samsung said it will collaborate with three European over-the-top (OTT) service providers — CHILI, The Explorers and [...]
SEOUL, Sept. 4 (Korea Bizwire) — Samsung Electronics Co. on Wednesday introduced a 5G chipset that combines an integrated modem and mobile processors, which can save battery life and space in smartphones. Samsung, the world’s largest chip and smartphone maker, has been working on a mobile processor with a 5G modem built inside, which would [...]
SEOUL, Sept. 3 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will release a mid-range 5G smartphone in South Korea to target budget-conscious consumers and expand its presence in the next-generation wireless market. Galaxy A90 will be Samsung’s first non-flagship smartphone with 5G connectivity, which goes on sale at the price of 900,000 won [...]