SEOUL, Mar. 26 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that it expects its first-quarter earnings to miss market expectations due to a sharp decline in memory chip and panel prices. The South Korean tech giant said it expected a sharper-than-expected price fall in memory chips in the off-peak season and worsening profitability in [...]
SEOUL, Mar. 26 (Korea Bizwire) — Samsung Electronics Co.’s projector-free cinema LED solution has made inroads into 16 countries since its debut two years ago, industry sources said Tuesday. The South Korean tech giant showcased the Samsung Onyx Theater, an LED display brand designed exclusively for cinemas, at CinemaCon, the world’s biggest film industry fair, [...]
SEOUL, Mar. 21 (Korea Bizwire) — Police said Thursday that they launched a preliminary probe into a plastic surgery clinic in Seoul where Lee Boo-jin, a daughter of Samsung Group patriarch Lee Kun-hee, was allegedly given propofol on a regular basis. Investigators from the Seoul Metropolitan Police Agency and the public health center in Gangnam [...]
SEOUL, Mar. 17 (Korea Bizwire) — China’s Huawei Technologies Co. narrowed its gap with Samsung Electronics Co. in the global smartphone market last year, data showed Sunday, with the smaller rival expected to beat the South Korean tech giant in 2019. According to the data compiled by industry tracker Strategy Analytics, Samsung Electronics took up [...]
SEOUL, Feb. 14 (Korea Bizwire) — Samsung Electronics Co.’s smartphone shipments sharply fell in Thailand in the fourth quarter from a year earlier, losing its top title to Chinese rival Oppo, an industry tracker said Thursday. The South Korean tech giant released just over 1 million smartphones in Thailand in the October-December period, taking up [...]
SEOUL, Jan. 21 (Korea Bizwire) — The American subsidiary of South Korean tech giant Samsung Electronics Co. spent $3.12 million on lobbying U.S. politicians and officials last year, the second-largest amount following 2017, data from a Washington-based research group showed Monday. Samsung Electronics’ lobbying expense was the ninth largest among electronics companies operating in the [...]
SEOUL, Jan. 14 (Korea Bizwire) — A recent study has revealed that Cube, Samsung Electronics Co.’s popular air purifier series, helps prevent allergies and asthma among children and teenagers. A research team led by Professor Oh Jae-hwan from Hanyang University College of Medicine showed that the Samsung Cube improved the condition of patients with atopy, [...]
SEOUL, Jan. 11 (Korea Bizwire) — Samsung Electronics Co., the world’s leading smartphone maker, said Friday the company will roll out its next flagship smartphone, the Galaxy S10, in San Francisco late next month. Samsung said it will host an Unpacked event at San Francisco’s Bill Graham Civic Auditorium on Feb. 20, 2019, to showcase [...]
SEOUL, Jan. 9 (Korea Bizwire) — A record-breaking performance last year by Samsung Electronics Co., immediately followed by the earnings shock the company experienced in the fourth quarter last year is clearly bad news for Samsung Electronics Vice Chairman Lee Jae-yong, due to concerns that the company’s legendary semiconductor business may falter under his watch. [...]
SEOUL, Jan. 7 (Korea Bizwire) — Samsung and Apple have joined hands to add Apple’s iTunes Movie, TV, and AirPlay 2 features to Samsung’s Smart TVs. It is the very first time in the global television market for both iTunes and AirPlay to be featured on a single smart TV. The announcement came shortly before [...]