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Samsung Again Backtracks in China’s Smartphone Market in Q2

Samsung Again Backtracks in China’s Smartphone Market in Q2

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 [...]

Samsung Executives Discuss Emergency Measures to Reduce Japan Risk

Samsung Executives Discuss Emergency Measures to Reduce Japan Risk

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 [...]

Samsung to Release Galaxy Fold with More Durable Design in Sept.

Samsung to Release Galaxy Fold with More Durable Design in Sept.

SEOUL, Jul. 25 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will release its long-delayed Galaxy Fold in select markets in September, after fixing durability issues and improving the design of the foldable device. The South Korean tech giant had initially planned to launch the US$1,980 foldable device in the United States on April [...]

Samsung Asks Local Partners to Secure Japanese Parts amid Export Curbs

Samsung Asks Local Partners to Secure Japanese Parts amid Export Curbs

SEOUL, Jul. 18 (Korea Bizwire) — Samsung Electronics Co. is exploring all possible means to secure stock piles of Japanese materials in preparation for Tokyo expanding its export restrictions, company sources said Thursday. The tech giant has sent letters to its local partners in the production of televisions, consumer electronics and smartphones, urging them to [...]

Samsung, Others in Quest for Alternative Supply amid Trade Feud with Japan

Samsung, Others in Quest for Alternative Supply amid Trade Feud with Japan

SEOUL, Jul. 17 (Korea Bizwire) — Samsung Electronics Co. has begun testing etching gas critical for the production of semiconductors, a source familiar with the issue said Wednesday, as South Korea is struggling to cope with Japan’s export restrictions. Since July 4, Japan tightened regulations on exports to South Korea of resist, etching gas and [...]

Samsung Vice Chairman Discusses Contingency Plan for Japan’s Export Curbs

Samsung Vice Chairman Discusses Contingency Plan for Japan’s Export Curbs

SEOUL, Jul. 14 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong has convened a meeting with top executives to discuss countermeasures against Japan’s export restrictions of key materials and possibilities of expanding the measures to other areas, company officials said Sunday. On Saturday, Lee met with Kim Ki-nam, head of the company’s device solution [...]