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Preorders for Galaxy S8 Skyrocket

Preorders for Galaxy S8 Skyrocket

SEOUL, April 10 (Korea Bizwire) – Some 550,000 South Koreans had placed preorders for the Galaxy S8 and S8+ just two days after the process began on April 7. That is almost three times the number for the Galaxy Note 7 (roughly 200,000 from August 6 to 7) and more than fivefold for the Galaxy [...]

Galaxy S8 Sales Estimated at Beyond 40 Mln Units

Galaxy S8 Sales Estimated at Beyond 40 Mln Units

SEOUL, April 7 (Korea Bizwire) – The combined sales of Samsung Electronics Co.’s new flagship Galaxy S8 series, which will officially hit shelves later this month, is expected to surpass the 40 million unit mark, industry data showed Friday. South Korea’s brokerage houses estimated the sales of the Galaxy S8 and the Galaxy S8 Plus [...]

Samsung Electronics’ Q1 Operating Profit Estimated at $8.76 Billion

Samsung Electronics’ Q1 Operating Profit Estimated at $8.76 Billion

SEOUL, April 7 (Korea Bizwire) – Samsung Electronics Co. predicted Friday that its first-quarter operating profit for this year advanced 48.2 percent on-year, apparently helped by the robust performance of its chip business.  Operating profit is estimated at 9.9 trillion won (US$8.76 billion) in the January-March period, compared with 6.68 trillion won posted a year [...]

Samsung Launches Five Creative Initiatives as Startups

Samsung Launches Five Creative Initiatives as Startups

SEOUL, April 6 (Korea Bizwire) – Five new projects from Samsung Electronics’ incubation program, C-Lab, will soon launch as startups, the tech giant announced on Wednesday.  Bebefit is a smart baby carrier that makes it easier for parents to carry their children, with a “convertible hipseat” structure that allows the wearer to adjust the center [...]

Sales of Air Purifiers Soar Amid Health Concerns Over Fine Dust

Sales of Air Purifiers Soar Amid Health Concerns Over Fine Dust

SEOUL, April 5 (Korea Bizwire) – As a gray haze caused by fine dust continues to blanket South Korea, home appliance companies are enjoying booming sales with some companies running additional production lines over the weekend. Growing public concern over the health effects of fine dust and air pollution in the country are turning air [...]

What Job Openings at Viv Labs Tell Us about the Future of Samsung AI Interface

What Job Openings at Viv Labs Tell Us about the Future of Samsung AI Interface

SEOUL, April 5 (Korea Bizwire) – Among the highly-anticipated features on Samsung’s Galaxy S8 and the S8 Plus is Bixby, a new AI-based voice assistant that is replacing S Voice.  Although much of Bixby’s full capacity or coherence and consistency is still under wraps, the service will offer a wider level of control compared to [...]

Samsung’s Share of Global DRAM, TVs Rises as Phones, Displays Lose Ground

Samsung’s Share of Global DRAM, TVs Rises as Phones, Displays Lose Ground

SEOUL, Apr. 3 (Korea Bizwire) — Samsung Electronics Co.’s global market share in DRAMs and TVs rose in 2016, while it lost ground in mobile phones and displays, the company’s business report showed Sunday. The report based on data collected by various market researchers said the tech giant controlled 21.6 percent of the TV market last [...]

Samsung Curtails R&D Spending in 2016: Data

Samsung Curtails R&D Spending in 2016: Data

SEOUL, April 2 (Korea Bizwire) – Samsung Electronics Co., the world’s largest manufacturer of smartphones, slightly reduced its expenditures on research and development (R&D) projects last year, data showed Wednesday, as it sought to acquire key technologies through mergers and acquisitions, data showed Sunday.  Samsung Electronics Co. spent 14.79 trillion won (US$13.2 billion) on R&D [...]

Speculation Grows Over Galaxy S8’s Nickname After New LG Phone Dubbed “Impeachment Phone”

Speculation Grows Over Galaxy S8’s Nickname After New LG Phone Dubbed “Impeachment Phone”

SEOUL, March 29 (Korea Bizwire) – Heated discussions are taking place online over a nickname for Samsung’s much anticipated new Galaxy S8 prior to its release, after LG’s new G6 smartphone had the misfortune of being dubbed the “impeachment phone” due to its release coinciding with the day former president Park Geun-hye was removed from office. [...]