SEOUL, Nov. 15 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will release its so-called mixed reality headset in South Korea next week, tapping deeper into the virtual reality (VR) gaming industry. The South Korean tech giant said that sales will start on Tuesday of the Samsung Head Mounted Display (HMD) Odyssey developed with [...]
SEOUL, Nov. 10 (Korea Bizwire) — Kim Na-yul, a 38-year-old PR manager in Seoul, regularly sees dermatologists to get “intensive care” to erase dark spots and shrink the pores on her nose and cheeks. “After I turned 30, I started buying more expensive creams and essences. And in recent years, I decided to get help [...]
SEOUL, Nov. 9 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will start mass production of Qualcomm Inc.’s new server processors manufactured with the 10 nm production process for the first time in the industry. Under the foundry deal, the South Korean tech giant said it will produce the Centriq 2400, which is aimed [...]
SEOUL, Nov. 6 (Korea Bizwire) – Samsung’s reshuffle of high-ranking officials at advanced ages is sending warning signs to older workers as other companies could follow suit. The latest employee reorg at Samsung, which saw many of its high-ranking officers over the age of 60 step down to be replaced with younger employees, is keeping older [...]
SEOUL, Nov. 6 (Korea Bizwire) — Samsung Group’s non-technology affiliates are expected to reshuffle key personnel in the near future as the conglomerate’s flagship Samsung Electronics Co. named new leadership last week, industry watchers said Sunday. Last week, the family-controlled conglomerates’ technology affiliates, also including Samsung Display Co. and Samsung SDS Co., named new CEOs [...]
SEOUL, Nov. 3 (Korea Bizwire) – Chinese tech giant Baidu Inc. is expected to emerge as a major player in the field of voice-recognizing artificial intelligence programs through 2022, an industry tracker said Friday, widening the gap with Samsung Electronics Co.’s Bixby. The penetration rate of Samsung Electronics’ Bixby in the field is expected to reach 5.4 percent in 2022, falling sharply from 12.7 percent posted in 2017, Strategy [...]
SEOUL, Nov. 3 (Korea Bizwire) — Samsung Electronics Co. stood as the world’s top smartphone producer in the third quarter in terms of shipments, data showed Friday, helped by rising sales of budget models. Industry tracker Strategy Analytics said the South Korean tech giant sold 83.4 million units of smartphones in the July-September period, with [...]
SEOUL, Nov. 2 (Korea Bizwire) – The combined sales of Samsung Electronics Co.’s Galaxy Note 8 smartphone in South Korea have reached 1 million units, industry data showed Thursday, a little over a month after the device hit local shelves. The South Korean tech giant started official sales of the 6.3-inch phablet on Sept. 21, [...]
SEOUL, Nov. 1 (Korea Bizwire) — Nearly two-thirds of South Korea’s top 30 conglomerates have been dissolved or dropped out of the standings since the 1997 Asian financial crisis, a market tracker said Wednesday. According to corporate tracker CEO Score, 19 family-controlled conglomerates, called chaebol here, disappeared altogether from the list with the remainder maintaining [...]
SEOUL, Oct. 30 (Korea Bizwire) — Samsung Electronics Co. remained as the leading player in the U.S. home appliances market in the July-September period, ranking No. 1 for the sixth consecutive quarter. Citing the data compiled by industry tracker Traqline, Samsung Electronics said it accounted for 19.3 percent of the U.S. market in the third [...]