SEOUL, Jan. 10 (Korea Bizwire) – Although growing semiconductor sales are powering record profits, the future of South Korea’s most famous conglomerate remains murky at best. In the face of the absence of the imprisoned Lee Jae-yong, who is seen as the de facto head of the Samsung group, and growing competition in the semiconductor industry [...]
SEOUL, Jan. 10 (Korea Bizwire) – A new report has found that female semiconductor workers in South Korea are nearly two and a half times more likely to develop leukemia than workers in other occupations. The worrying revelation comes as data released by the Korea Occupational Safety and Health Agency shows that female workers in the [...]
SEOUL, Jan. 4 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has clinched a deal with U.S. mobile carrier Verizon Communications to supply commercial fifth-generation network equipment. Samsung and Verizon plan to kick off commercial 5G services in Sacramento, California, over the second half of 2018, the South Korean tech giant said in a [...]
SEOUL, Jan. 3 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong is expected to step down from the board of the Boao Forum by not extending his term, which ends in April, industry watchers said Wednesday. Lee has been behind bars since February amid allegations that he took part in a major political scandal [...]
SEOUL, Jan. 2 (Korea Bizwire) — The global market for premium televisions sized 75 inches and larger is set to rise sharply in 2018, industry data showed Tuesday, with Samsung Electronics Co. also posting a steep growth. According to the data compiled by industry tracker IHS Markit, the global sales of such televisions is anticipated [...]
SEOUL, Dec. 27 (Korea Bizwire) — Samsung Electronics Chairman Lee Kun-hee has seen the value of his stock assets rise by nearly 4 trillion won (US$3.7 billion) this year thanks to a rally of the tech giant on the local bourse, a market tracker said Wednesday. According to CEO Score, Lee, who has been hospitalized [...]
SEJONG, Dec. 21 (Korea Bizwire) — A Samsung Group affiliate will be required to sell an additional stake in the de facto holding company of South Korea’s No. 1 conglomerate as a merger that took place in 2015 has effectively strengthened cross-shareholding ties within the business group, the country’s corporate watchdog said Thursday. In 2015, [...]
SEOUL, Dec. 12 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will start the streaming of videos that utilize the latest High Dynamic Range (HDR) 10 Plus technology via its premium TVs with the U.S.-based Amazon.com. Under the agreement, users of Samsung’s high-end QLED and UHD TVs can enjoy quality content through the Amazon [...]
SEOUL, Dec. 4 (Korea Bizwire) — Samsung Electronics Co. said Monday it plans to showcase a film on its QuickDrive washers under cooperation with a popular music composer, highlighting how its products can save users time compared with rivals. The company said the 66-minute film, “Washing Machine” will be showcased in London on Tuesday, with [...]
SEOUL, Dec. 1 (Korea Bizwire) — Samsung Electronics Co. said Friday it demonstrated the fifth-generation network on a high-speed train traveling over 100 kph under a joint project with the Japan-based KDDI Corp. The two companies, which have been rolling out joint projects in the field since 2015, said they successfully observed data transmission speed [...]