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 [...]
SEOUL, Sept. 2 (Korea Bizwire) — Samsung Electronics Co. is set to launch two 5G smartphones in South Korea this week, bolstering its device portfolio for the next-generation network, industry officials said Monday. Samsung is expected to launch Galaxy Fold on Friday in the domestic market, in time to showcase the firm’s first foldable device [...]
SEOUL, Aug. 29 (Korea Bizwire) — Samsung Group is facing yet another headwind at home as South Korea’s top court ordered a review of a suspended sentence for its de facto leader in a bribery case Thursday, adding to the woes that the nation’s largest conglomerate is dealing with. Lee Jae-yong, vice chairman of Samsung [...]
SEOUL, Aug. 29 (Korea Bizwire) — Samsung Electronics Co.’s Galaxy Note 10 will be only available in 5G models in South Korea, despite the government’s pressure to add a long-term evolution (LTE) network version to expand options for local consumers, industry sources said Thursday. The Korean tech giant last week launched the Note 10 only [...]