SEOUL, Aug. 26 (Korea Bizwire) – The fate of Samsung Electronics Vice Chairman Lee Jae-yong is expected to hinge on the top court’s verdict due this week as he could be stripped of a suspended term over a massive corruption scandal involving disgraced ex-President Park Geun-hye, depending on how the court defines bribery. If he [...]
SEOUL, Aug. 26 (Korea Bizwire) — Samsung Electronics Co.’s presence in the Japanese smartphone market rose to the highest level in six years in the second quarter thanks to robust sales of new models, industry data showed Monday. The Korean tech giant shipped about 600,000 smartphones in Japan in the April-June period to take up [...]
SEOUL, Aug. 16 (Korea Bizwire) — Samsung Electronics Co.’s share in the global NAND flash market and its revenue increased in the second quarter from a quarter ago thanks to demand recovery in some key products, an industry report said Friday. Samsung’s NAND shipments grew by 30 percent in the April-June period on the back [...]
SEOUL, Aug. 13 (Korea Bizwire) — Samsung Electronics Co. plans to launch an integrated 5G chipset later this year to power upcoming 5G smartphones while decreasing size and power consumption, industry officials said Tuesday. Samsung, the world’s largest chip and smartphone maker, has been working on a mobile processor with a 5G modem built inside, [...]
SEOUL, Aug. 9 (Korea Bizwire) — Samsung Electronics Co. raised its share in the global DRAM market in the second quarter thanks to some recovery demand in the server sector, but revenues fell due to slumping prices, a market researcher said Friday. Samsung’s market share in the DRAM market stood at 45.7 percent in the [...]
SEOUL, Aug. 8 (Korea Bizwire) — Demand for foldable panels is expected to grow rapidly in the next five years in different market segments, with Samsung Electronics Co. poised to lead the new trend, a market researcher said Thursday. Foldable displays for smartphones, tablets and notebooks are anticipated to expand from 360,000 units in 2019 [...]
SEOUL, Aug. 8 (Korea Bizwire) — Samsung Electronics Co. introduced its latest phablet, the Galaxy Note 10, with an enhanced stylus and simplified design, hoping for the new premium device to invigorate the flattening smartphone market. The South Korean tech giant showed off its premium large-screen smartphone sporting an S-pen stylus during an Unpacked event [...]
SEOUL, Aug. 6 (Korea Bizwire) — Samsung Electronics Co. saw its share in China’s smartphone market fall back below 1 percent in the second quarter as Chinese consumers bought more domestic brands, industry data showed Tuesday. Samsung Electronics shipped 700,000 smartphones to China in the April-June period, accounting for a mere 0.7 percent of the [...]
SEOUL, Aug. 5 (Korea Bizwire) — Top executives of Samsung Electronics Co. and its affiliates held an emergency meeting on Monday to discuss measures to guard against risks related to Japan’s tighter export regulations, company officials said. Lee Jae-yong, the de-facto leader of the South Korean tech giant, convened the gathering with chiefs of semiconductor [...]
SEOUL, Aug. 4 (Korea Bizwire) — Samsung Electronics Co.’s Galaxy Note 10 phablet, which will be showcased later this week, is expected to post sales similar to that of its predecessor, industry watchers said Sunday. The combined sales of the Galaxy Note 10 will reach 9.7 million units this year, similar to that of the [...]