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Samsung Laptop Gets Top Marks from U.S. Consumer Reviewer

Samsung Laptop Gets Top Marks from U.S. Consumer Reviewer

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 [...]

Samsung in Dilemma over CEO Shakeup amid Scandal

Samsung in Dilemma over CEO Shakeup amid Scandal

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 [...]

Samsung Gets Patent on Design of Disc-Shaped Drone

Samsung Gets Patent on Design of Disc-Shaped Drone

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 [...]

Samsung CEO’s 2-Dollar Lip Balm Spurs Public Interest

Samsung CEO’s 2-Dollar Lip Balm Spurs Public Interest

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 [...]

Corporate “Control Towers” Overseeing Korean Conglomerates

SEOUL, Dec. 7 (Korea Bizwire) – Samsung vice chairman Lee Jae-yong’s reluctant promise during Tuesday’s parliamentary hearing over the Choi Soon-sil scandal to disband the group’s Future Strategy Office – the key department responsible for the group’s decision-making process for all Samsung affiliates – has raised questions as to how other Korean conglomerate groups’ so-called [...]

Samsung Heir-Apparent Grilled at Parliamentary Hearing over Political Scandal

Samsung Heir-Apparent Grilled at Parliamentary Hearing over Political Scandal

SEOUL, Dec. 6 (Korea Bizwire) – Lee Jae-yong, vice chairman of Samsung Electronics and the heir-apparent of Samsung Group, appeared Tuesday at a parliamentary hearing into the involvement of Korean conglomerates in the corruption and influence-peddling scandal surrounding President Park Geun-hye and her confidante Choi Soon-sil. Lee was one of eight Korean business tycoons (chiefs [...]

Samsung’s Growing Legal Woes with Galaxy Note 7 Users

Samsung’s Growing Legal Woes with Galaxy Note 7 Users

SEOUL, Dec. 5 (Korea Bizwire) – Although Samsung Electronics was quick to let go of its Galaxy Note 7, many of its customers weren’t, and the electronics giant is not willing to compromise in lawsuits over its faulty phablet.  According to sources, Samsung has retained the services of Lee & Ko, a well respected local [...]

Business World in Suspense from Presidential Scandal

Business World in Suspense from Presidential Scandal

SEOUL, Nov. 29 (Korea Bizwire) – Routine year-end corporate activities have been suspended this year as CEOs await a prosecutorial investigation over a presidential scandal, delaying reshuffles for next year’s business planning and bonus payments, corporate sources said Tuesday.  At Samsung, the reshuffle of executive-level officers, usually carried out on the first Tuesday of December, [...]