SEOUL, Mar. 14 (Korea Bizwire) — South Korea has the world’s second-highest average smartphone selling price, data showed Wednesday, apparently due to the strong popularity of high-end flagships. According to the data compiled by Strategy Analytics, the wholesale average selling price of smartphones in South Korea came to US$466 last year, standing only below Japan [...]
SEOUL, Mar. 12 (Korea Bizwire) — The global semiconductor market is expected to grow at a faster-than-expected click this year thanks to rising demand for DRAMs and other chips, industry sources said Monday. With concerns over an oversupply in the second half of this year waning, more market trackers have revised up their growth projections [...]
SEOUL, March 9 (Korea Bizwire) – Samsung Electronics Co.’s Galaxy S9 and Galaxy S9 Plus smartphones are, starting Friday, reaching South Koreans who took advantage of the preorder program, with initial sales numbers presumed to be below that of its immediate predecessor. Local mobile carriers said they have started distributing the Galaxy S9 series phones [...]
SEOUL, March 8 (Korea Bizwire) — One by one, Samsung Electronics is pulling the plug on its mobile content offerings. Though the South Korean tech giant leaped into the mobile content and services market to make maximum use of its dominant position as the world’s largest smartphone maker, attempts to dislodge firmly entrenched market incumbents [...]
SEOUL, Mar. 8 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc., the world’s top-two TV makers, are staging a pitched battle to clinch a bigger slice of the global high-end TV market, which has been fast growing in recent years, industry sources Thursday. In an extravagant showcase event in New York, global tech [...]
SEOUL, Mar. 5 (Korea Bizwire) — Financial authorities said Monday they will step up cooperation with the national tax agency to impose a fine on Samsung Group’s ailing chairman Lee Kun-hee for allegedly evading taxes with borrowed-name accounts. In a statement, the Financial Supervisory Service confirmed that Lee held 6.18 billion won (US$5.72 million) in [...]
SEOUL, Mar. 2 (Korea Bizwire) — Samsung Electronics Co. said Friday its new flagship smartphone the Galaxy S9 Plus has been named the Best New Connected Mobile Device at the Mobile World Congress (MWC), the world’s largest gathering for the mobile communications industry. The prize is awarded to new smartphones; wearable, consumer electronics; or other [...]
SEOUL, Feb. 27 (Korea Bizwire) — Samsung Group, South Korea’s top conglomerate, has redoubled its efforts of the past year to allow subsidiaries to operate independently following a surprise announcement of plans to overhaul the group’s management, industry watchers said Tuesday. The plans, unveiled Feb. 28, 2017, called for the abolition of its key future [...]
SEOUL, Feb. 26 (Korea Bizwire) — South Korea’s top conglomerate Samsung Group spent a record amount lobbying U.S. politicians and officials in 2017 to counter Washington’s growing protectionism and other negatives, market sources said Monday. Last year, the Trump administration stepped up its protectionist policy, and Samsung Electronics Co., the group’s crown jewel, was implicated [...]
SEOUL, Feb. 26 (Korea Bizwire) — Samsung Electronics Co. on Monday showcased the new flagship Galaxy S9 and S9 Plus smartphones, which boast improved cameras and augmented reality (AR) features. During the showcase event on the eve of the Mobile World Congress (MWC) in Barcelona, Spain, the South Korean tech giant unveiled the much-awaited 5.8-inch [...]