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 [...]
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 [...]
SEOUL, March 31 (Korea Bizwire) – Samsung Electronics Co. started a full-fledged marketing drive for its latest flagship smartphone, the Galaxy S8, in South Korea, industry watchers said Friday, ahead of the official release slated for April 21. Samsung already started displaying the Galaxy S8 and the Galaxy S8 Plus at its main shop located [...]
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. [...]
SEOUL, March 28 (Korea Bizwire) – Samsung Electronics revealed plans to sell 4 million refurbished Galaxy Note 7 phablets in the near future in a statement from its global site newsroom yesterday. Refurbished phones will be reintroduced in the market for purchase or rental services, with plans to use and sell components from severely damaged devices, [...]
SEOUL, March 27 (Korea Bizwire) – High-end smartphones took up less than 30 percent of Samsung Electronics Co.’s combined sales of handsets, data showed Monday, although the figure is expected to rebound after the launch of the tech giant’s upcoming new flagship model this week. According to the data compiled by Hana Financial Investment Co., [...]
SEOUL, March 24 (Korea Bizwire) – Samsung Electronics Co.’s Vice Chairman Kwon Oh-hyun said Friday that a move to restructure the tech giant into a holding-company structure is “not easy” at the moment, suggesting the process may be delayed for the time being. The world’s largest leading maker of smartphones and memory chips said in [...]
SEOUL, March 24 (Korea Bizwire) – Samsung Electronics Co. said Friday it will completely disable the charging of the faulty Galaxy Note 7 phablets that have not yet been returned, starting later this month through software updates. Samsung launched the Galaxy Note 7 last year, but the sales were soon suspended on reports of some [...]
SEOUL, March 20 (Korea Bizwire) – The combined market capitalization of 23 Samsung Group affiliates has gained 12.1 percent so far this year, helped by a rally in the group’s crown jewel, Samsung Electronics Co., according to the Korea Exchange on Monday. Shares of Samsung Electronics have continued to rise in the past few weeks [...]
SEOUL, Mar. 15 (Korea Bizwire) — South Korea’s major business groups face another round of investigations for their alleged involvement in the bribery scandal that led to the impeachment of President Park Geun-hye, industry and legal sources said Tuesday.Prosecutors at the Seoul Central District Prosecutors’ Office took over the bribery case late last month when [...]