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 [...]
SEOUL, Nov. 30 (Korea Bizwire) – Samsung Electronics Co. said Thursday it will introduce the first LED theater solution in Europe that does not need projectors and improves resolution compared with traditional movie screens. The announcement comes some four months after the South Korean tech giant installed the first cinema LED screen at a major [...]
SEOUL, Nov. 29 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it has started mass production of a system on chip (SoC) that uses second generation 10-nanometer (nm) FinFET process technology. The South Korean tech giant said the SoC, which integrates all components of a computer or other electronic system into a single integrated circuit, [...]
SEOUL, Nov. 28 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it started the global launch of the application SeeColors, which will provide people with vision deficiencies with relatively accurate color renditions. The South Korean tech giant released the service in Hungary, Romania and Bulgaria earlier this year, while the global release started Monday. The [...]
SEOUL, Nov. 28 (Korea Bizwire) – Samsung chairman Lee Kun-hee’s position as the largest stakeholder of Samsung Life Insurance is in jeopardy after speculation over the existence of a secret offshore account was corroborated in a National Policy Committee meeting held on November 27. Politician Park Chan-dae said, “Chairman Lee’s eligibility as the largest stakeholder [...]
SEOUL, Nov. 28 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has acquired a local startup that specializes in artificial intelligence (AI), in an apparent bid to improve its voice recognition system, Bixby. This is the first time that Samsung has acquired a South Korean startup. The size of the deal remains confidential. Established [...]
SEOUL, Nov. 21 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will launch a program to allow iPhones users to try out the latest Galaxy smartphones for a one-month period, as Apple Inc. releases its newest models in the South Korean company’s home market. Under the program, iPhone users can purchase the latest Galaxy [...]