SEOUL, Apr. 18 (Korea Bizwire) — Samsung Electronics invested the most money in research and development (R&D) among local companies last year, while internet portal Naver was No. 1 in investment in proportion to sales, corporate analysis showed Wednesday. CEO Score compared 211 firms who rank within the top 500 companies in terms of sales [...]
SEOUL, April 16 (Korea Bizwire) — Samsung and LG are reportedly considering ending the production of 40-inch screens in China amid a mushrooming Sino-American trade war. According to sources close to the industry, the two South Korean electronics companies are toying with the idea of moving production lines of 40-inch LCD screens after the U.S. government [...]
SEOUL, April 16 (Korea Bizwire) – Samsung Electronics Co. was named the fifth-most admired firm in Canada, an industry tracker said Monday, recovering its reputation tainted by the suspended production of the Galaxy Note 7 in 2015. According to the report announced by Canadian researcher Leger, Samsung Electronics earned a reputation score of 75 to rank [...]
SEOUL, Apr. 15 (Korea Bizwire) — A local business lobby said on Sunday the possible disclosure of Samsung Electronics Co.’s workplace environmental assessment report, which was demanded by former workers due to health concerns, should be limited so as to protect sensitive trade secrets. Former workers suffering from illnesses have been demanding the South Korean [...]
SEOUL, Apr. 12 (Korea Bizwire) — Samsung has rejected claims that it lobbied the International Olympic Committee to help Pyeongchang win its bid for the 2018 Winter Olympics. In a post released on Wednesday via its online newsroom, the electronics giant denied any involvement in unethical or illegal practices to help tip the Olympic bid in [...]
SEOUL, April 12 (Korea Bizwire) — Samsung Electronics Co. said Thursday that sales of its premium QLED TVs are growing sharply in the United States, as its products are continuing to carve out larger presences in overseas markets. The South Korean tech giant said sales of the QLED TVs in the United States rose seven-fold [...]
SEOUL, April 10 (Korea Bizwire) – Samsung Electronics Co. on Tuesday denied allegations that it lobbied major officials from the International Olympic Committee (IOC) to help South Korea host the 2018 Winter Games in PyeongChang. “The company reviewed everything and legally sponsored the committee, just the same as other general sponsorship agreements it has signed,” the South Korean [...]
SEOUL, Apr. 2 (Korea Bizwire) — The battery performance of Samsung Electronics Co.’s Galaxy S9 smartphone trailed behind rival products, industry watchers said Monday, causing consumers to express discontent. According to a report released by industry tracker Strategy Analytics, the Galaxy S9 ranked sixth among the seven premium smartphones checked in terms of battery performance. [...]
SEOUL, Apr. 1 (Korea Bizwire) — Samsung Electronics has overtaken IBM as the holder of the most U.S. patents as of the start of this year, data showed Sunday. The South Korean tech firm owned 75,596 U.S. patents, outdoing the No. 2 IBM by nearly 1.6 times, as of Jan. 1, according to the top [...]
SEOUL, Mar. 30 (Korea Bizwire) — Samsung Electronics Co.’s Vice Chairman Lee Jae-yong, heir apparent to South Korea’s No. 1 business conglomerate, is expected to resume his duties as early as next month after being released from prison last month, industry sources said Friday. Lee, who is currently overseas on business trips, plans to return [...]