SEOUL, May 25 (Korea Bizwire) — Samsung Electronics Co. on Friday expressed discontent against the decision made by the U.S. court, which ordered the company to pay its archrival Apple Inc. US$539 million for design infringement. “Today’s decision flies in the face of a unanimous Supreme Court ruling in favor of Samsung on the scope [...]
SEOUL, May 24 (Korea Bizwire) — In line with Samsung Electronics’ new plans to nurture AI as its new motor of growth, the Korean electronics giant will open an AI Center in Moscow on May 29 (local time). In addition to its AI centers in Seoul and Silicon Valley, both having opened within the last [...]
SEOUL, May 23 (Korea Bizwire) — Samsung Electronics’ announcement yesterday of plans to operate five AI research and development centers around the world gave industry insiders insight into Vice Chairman Lee Jae-yong’s vision of the future, as Samsung prepares for the next generation of technological advancements. Experts say that Lee’s most recent global traverse following [...]
SEOUL, May 21 (Korea Bizwire) — Samsung Electronics Co. recently opened a research and development (R&D) center for its foundry business, industry sources said Monday, reflecting its drive to advance deeper into the segment. Industry sources said Samsung, which has emerged as one of the major leaders of the global chip industry, is currently seeking [...]
SEOUL, May 17 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will apply its artificial intelligence (AI) voice recognition system, Bixby, to a wider range of home appliances in line with its vision to establish an Internet-of-Things (IoT) ecosystem for households. Kim Hyun-suk, head of the company’s consumer electronics division, said it is important [...]
SEOUL, May 10 (Korea Bizwire) — Samsung Electronics Co. is seeking to narrow its gap with Japanese rival Sony Corp. in the global image sensor market, industry watchers said Thursday, as the segment is set to post sharp growth down the road on rising demand from smartphones and security solutions. Industry tracker IC Insights estimated [...]
SEOUL, May 7 (Korea Bizwire) — After recording a market share of 0 percent in China’s smartphone market in the fourth quarter of last year, a recent report has shown that Samsung Electronics barely broke the 1 percent mark in the first quarter of this year. According to Street Analytics, a market research firm, Samsung [...]
SEOUL, May 4 (Korea Bizwire) — Samsung Electronics Co. saw its market share in the North American smartphone market increase in the first quarter compared to the year before, data showed Friday, while its smaller South Korean rival LG Electronics Inc. lost ground. According to the report by industry tracker Strategy Analytics, Samsung took 28.6 [...]
SEOUL, May 2 (Korea Bizwire) — U.S. investor Elliott Associates said Wednesday that it is taking legal action against the South Korean government over its alleged unlawful intervention in the controversial merger of two Samsung units in 2015. Confirming news reports on the matter that cited judicial sources, Elliott said in a release that it [...]
SEOUL, Apr. 30 (Korea Bizwire) — Samsung Electronics Co. is anticipated to penetrate deeper into the market for super-large displays, industry watchers said Monday, in line with the market trend for using TVs as hubs for artificial intelligence services in the home. The South Korean tech giant recently showcased new home cinema solutions in Italy, [...]