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 [...]
SEOUL, Aug. 9 (Korea Bizwire) — One would think that the looming possibility of a double digit prison sentence would have the plaintiff arguing for one’s innocence. Instead, in what may well be the darkest hour of his life, Lee Jae Yong is pouring his heart out trying to convince people that he’s not a bad [...]
SEOUL, July 18 (Korea Bizwire) – Sales of the Galaxy S8 hovered above that of its predecessor, the Galaxy S7, Samsung Electronics Co.’s mobile chief has said. Koh Dong-jin, who heads Samsung’s mobile business, reportedly said the sales of the Galaxy S8 were 15 percent higher than its predecessor so far during his meeting with [...]
SEOUL, Jul. 11 (Korea Bizwire) — The market value of Samsung Group, South Korea’s No. 1 business conglomerate, rose by 96 trillion won (US$83.5 billion) in the past six months helped by the strong performance of Samsung Electronics Co., industry data showed Tuesday. The market cap of 16 firms affiliated with the business group surged [...]
SEOUL, June 27 (Korea Bizwire) – Samsung Electronics Co. plans to release the refurbished edition of the ill-fated Galaxy Note 7 smartphone next month, industry sources said Tuesday. According to the sources, Samsung will release the smartphone under the name the Galaxy Note FE, with a price tag below 700,000 won (US$616). Official sales are [...]
SEOUL, June 26 (Korea Bizwire) – Samsung Electronics Co. is expected to announce a plan to build a new production facility in the United States during President Moon Jae-in’s visit to Washington this week, industry sources said Monday. “As Samsung’s plan to build a factory for home appliances is virtually fixed, it is likely the [...]
SEOUL, June 22 (Korea Bizwire) – Samsung Electronics Co. said Thursday it will release a new flip-style smartphone this week, seeking to grab consumers still yearning for handsets with traditional design. The South Korean tech giant said although the Galaxy Folder 2 looks like earlier models of handsets, it runs on the Android 6.0 platform [...]