SEOUL, Aug. 28 (Korea Bizwire) — Samsung Electronics Co. said Monday it agreed to join U.S. 20th Century Fox and Japan-based Panasonic Corp. to expand the ecosystem for the High Dynamic Range (HDR) 10 Plus technology. The South Korean tech giant said the companies agreed to establish an alliance for the HDR 10 Plus technology. [...]
SEOUL, Aug. 28 (Korea Bizwire) – Samsung Electronics Co. is having a hard time setting local prices of its newly showcased phablet, the Galaxy Note 8, as the South Korean government is pushing to cut down telecom costs, industry sources said Monday. Last week, Samsung showcased the 6.3-inch Galaxy Note 8 with a dual-camera and [...]
SEOUL, Aug. 28 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong filed for an appeal Monday, three days after a court sentenced him to five years in jail for bribery, embezzlement and other charges in a corruption case that led to the ouster of former President Park Geun-hye. His attorney, Kim Jong-hoon, submitted the [...]
SEOUL, Aug. 24 (Korea Bizwire) – The chief of Samsung Electronics Co.’s mobile business unit on Thursday expressed confidence over the success of the Galaxy Note 8 phablet just showcased in New York, claiming the device will help the company promptly regain consumers’ trust. “The Galaxy S8 and S8 Plus released in the first half [...]
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 [...]