SEOUL, Feb. 21 (Korea Bizwire) – Samsung Electronics is introducing four of its VR and AR C-Lab projects at the upcoming Mobile World Congress. Relúmĭno is a VR headset for the visually impaired, which, via image processing, converts images and text in such a way that those with disabilities can see more clearly. Monitorless, on [...]
SEOUL, Feb. 20 (Korea Bizwire) – The corporate reputation ranking of Samsung in the eyes of American consumers plunged 42 spots to 49th in 2017, according to an annual survey on Monday. The sharp drop in the survey by The Harris Poll on corporate brands came as Samsung is struggling with the global recall of [...]
SEOUL, Feb. 17 (Korea Bizwire) – Samsung Group, South Korea’s largest conglomerate, is expected to put most of its new business and investment plans on hold, at least temporarily, following the arrest of its heir-apparent Lee Jae-yong, market observers said Friday. Lee, the group’s de facto leader, was arrested early Friday on charges of bribery [...]
SEOUL, Feb. 17 (Korea Bizwire) – Lee Jae-yong, Samsung Group’s de facto leader, was formally arrested Friday on charges of bribery in connection with a high-profile corruption scandal surrounding President Park Geun-hye and her friend. With the Seoul Central District Court issuing the arrest warrant, Lee, vice chairman of Samsung Electronics Co., became the first [...]
SEOUL, Feb. 14 (Korea Bizwire) – Special prosecutors on Tuesday sought the arrest of the de facto leader of Samsung Group on charges of bribery in relation to impeached President Park Geun-hye, after their first attempt was rejected by a local court last month. The investigation team, led by Independent Counsel Park Young-soo, in January [...]
SEOUL, Feb. 13 (Korea Bizwire) – The de facto leader of Samsung, South Korea’s largest business group, was quizzed for a second time Monday on charges of bribery, as special prosecutors here accelerated their probe into an influence-peddling scandal centered on President Park Geun-hye. Lee Jae-yong, vice chairman of Samsung Electronics Co., appeared before the [...]
SEOUL, Feb. 9 (Korea Bizwire) – Samsung Electronics Co. emerged as the leader in the global virtual reality (VR) market in 2016, accounting for more than 70 percent of 6.3 million VR devices shipped worldwide, a report showed Thursday. The South Korean tech giant sold about 4.51 million units last year, or 71.6 percent of [...]
SEJONG, Feb. 6 (Korea Bizwire) – The South Korean government said Monday that flaws in batteries caused the fires in Samsung Electronics Co.’s Galaxy Note 7 which led to a worldwide recall and production halt of the smartphone. In a test conducted by the state-run Korean Agency for Technology and Standards, it was found that [...]
SEOUL, Feb. 3 (Korea Bizwire) – Samsung Group, South Korea’s biggest business conglomerate, has not yet set a date for its annual recruitment, group officials said Friday, as the group’s top leadership has been under investigation amid a snowballing corruption scandal that led to the impeachment of President Park Geun-hye. Samsung Electronics Co. Vice Chairman [...]
SEOUL, Feb. 1 (Korea Bizwire) – Apple Inc. emerged as the leader in the global smartphone market in the fourth quarter of last year, beating its South Korean archrival Samsung Electronics Co., data showed Wednesday. The U.S. giant sold about 78.3 million smartphones during the October-December period, up 18 percent from a year earlier, the [...]