SEOUL, Aug. 24 (Korea Bizwire) — South Korean electronics giants Samsung Electronics Co. and LG Electronics Inc. have been sued in the United States over alleged collusion concerning digital television broadcasting technology, industry sources said Thursday. Chinese home appliance maker Haier Group Co. recently filed a lawsuit with a federal court in New York, accusing [...]
SEOUL, Aug. 22 (Korea Bizwire) – The Korea Semiconductor Industry Association (KSIA) announced today that an investment forum specially devoted to the nurturing of startups and venture capital firms in the semiconductor industry will be launched in the near future. The purpose of the forum is to offer a variety of services such as management [...]
SEOUL, Aug. 22 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it plans to apply smart features, such as Internet-of-Things (IoT) and voice recognition, to all of its home appliances lineup by 2020. The South Korean tech giant said it has been making efforts to prepare for what it calls “the era of smart homes,” [...]
SEOUL, Aug. 21 (Korea Bizwire) – The domestic shipbuilding industry was engulfed in a wave of low spirits as shipping publication “Tradewinds” and eBest Investment and Securities (eBest) both reported that French company CMA CGM had signed a letter of intent with two Chinese shipbuilding firms for nine container ships. The reason for the Korean [...]
SEOUL, Aug. 21 (Korea Bizwire) – News broke on August 20 that an R&D center devoted to artificial intelligence (AI) research will open its doors this coming October in Seoul’s Seocho District. The facility will be housed on four floors at the Korean Federation of Teachers’ Associations building located in the Umyeon neighborhood. Major players [...]
SEOUL, Aug. 21 (Korea Bizwire) — Crucial decision-making at global tech firm Samsung Electronics Co. has been pushed back since its de facto leader Lee Jae-yong was imprisoned in February, industry sources said Monday. According to the sources, Samsung held fewer in-house strategy meetings in the second quarter compared with the year earlier period. The [...]
SEOUL, Aug. 18 (Korea Bizwire) – Australia-based media Ausdroid reported Friday it has obtained marketing material for Samsung Electronics Co.’s presumed Galaxy Note 8, slated to be showcased next week. Ausdroid said it obtained a sales brochure for the South Korean tech giant’s upcoming phablet, originally slated to be revealed in New York on Wednesday, [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s major electronics firms — Samsung Electronics Co. and LG Electronics Inc. — are expected to allocate a record-high investment to research and development projects this year, industry watchers said Friday. According to the sources, Samsung Electronics invested 7.9 trillion won (US$6.9 billion) in research projects over the [...]
SEOUL, Aug. 17 (Korea Bizwire) – The Samsung Galaxy Note 5 64GB is now available at bargain-bin prices, it it hasn’t already sold out, that is. According to reports from within the mobile communications industry, telecommunications giant SK Telecom upped its total subsidy offer for the phone to 616,000 won irrespective of users’ data plans. [...]
MEXICO CITY, Aug. 14 (Korea Bizwire) — It was announced on Saturday that Samsung Electronics and the Secretaría de Comunicaciones y Transportes, Mexico’s Ministry of Communications and Transport, have shaken hands on a deal that will see the Korean company support the Puntos México Conectado (PMC) initiative carried out by the ministry. The initiative is part [...]