SEOUL, Jan. 4 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it will update the software in South Korea to prevent owners of the Galaxy Note 7 smartphones from charging beyond 15 percent from next Monday, with about 94 percent of the devices sold at home retrieved. In a brief statement, Samsung said it will [...]
SEOUL, Dec. 28 (Korea Bizwire) – A vacuum cleaner with improving robotic options manufactured by Samsung Electronics Co. has been named one of the best vacuum cleaners of the year by a U.S. consumer magazine, according to the magazine Wednesday. The Powerbot of Samsung was listed as one of the eight best vacuum cleaners in [...]
SEOUL, Dec. 27 (Korea Bizwire) – Samsung Electronics Co. retained its No. 2 spot in a global ranking for industrial research and development spending for the third consecutive year, a survey by the European Commission’s Economics of Industrial Research and Innovation showed Tuesday. According to the annual survey, 75 South Korean firms were among the [...]
SEOUL, Dec. 26 (Korea Bizwire) – Samsung Electronics said Monday that it will present some of its more successful items from its “Creative Lab” projects at the 2017 Consumer Electronics Show coming to Las Vegas next month. The Creative Lab, or C-Lab, is Samsung’s in-house incubation platform that offers Samsung employees the opportunity to turn [...]
SEOUL, Dec. 21 (Korea Bizwire) – Special prosecutors raided the state-run pension service Wednesday to investigate whether President Park Geun-hye and her confidant influenced its dubious support for the merger of Samsung Group’s two units last year. The team led by independent counsel Park Young-soo officially began its investigation into the influence-peddling scandal involving Park [...]
SEOUL, Dec. 20 (Korea Bizwire) – The special prosecution team looking into President Park Geun-hye’s corruption scandal has put a prohibition of departure on three Korean conglomerate heads, hampering business operations planned for the year-end and the next few months to come. According to sources, Samsung vice chairman Lee Jae-yong, SK chairman Chey Tae-won and [...]
SEOUL, Dec. 14 (Korea Bizwire) – A lightweight laptop computer by South Korean tech giant Samsung Electronics Co. has received the best evaluation from a U.S. consumer magazine, beating those by foreign rivals, its publication showed Wednesday. Samsung’s Notebook 9 clinched the top spot with 77 points out of 100 in the most recent review by [...]
SEOUL, Dec. 13 (Korea Bizwire) – Samsung Group appears to be in a quandary over when to conduct a leadership shakeup amid a nation-rocking political scandal, which has also forced the country’s top conglomerate to delay a couple of year-end events, sources said Tuesday. Samsung has indefinitely postponed its annual management reshuffle, which used to [...]
SEOUL, Dec. 9 (Korea Bizwire) – Samsung Electronics Co. has been granted a patent on the design of a disc-shaped drone, hinting that the electronics giant may make inroads into the booming market for commercial drones, according to South Korea’s patent authority Friday. The patent was filed in April this year and formally registered earlier [...]
SEOUL, Dec. 8 (Korea Bizwire) – The biggest beneficiary of Tuesday’s parliamentary hearing of eight Korean conglomerate chiefs into the Choi Soon-sil scandal was neither the investigative parliamentary committee, nor the prosecutors; it was Softlips, a lip balm lineup from American health care products maker The Mentholatum Company. The lip balm was brought to attention [...]