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Samsung Electronics Q3 Operating Profit Dips 30 Pct

Samsung Electronics Q3 Operating Profit Dips 30 Pct

SEOUL, Oct. 27 (Korea Bizwire) – Samsung Electronics Co. said Thursday its third-quarter operating profit slipped 29.6 percent from a year earlier, mainly hit by the discontinuation of the Galaxy Note 7 smartphone over safety concerns.  The world’s largest maker of smartphones said its operating profit for the July-September quarter stood at 5.2 trillion won [...]

Are the Big 2 – Hyundai and Samsung – Still too Big to Fail?

Are the Big 2 – Hyundai and Samsung – Still too Big to Fail?

SEOUL, Oct. 20 (Korea Bizwire) – Korea’s businesses are on edge. With Korean industrial stalwarts Samsung Electronics and Hyundai Motor both facing existential crises, other major players are beginning to see their growth engines weaken. On October 19, the Korea Economic Research Institute (KERI) suggested that on-year increase in sales at the nation’s top 500 [...]

Samsung Rolls out Industry’s First 8GB Mobile DRAM for Smartphones

Samsung Rolls out Industry’s First 8GB Mobile DRAM for Smartphones

SEOUL, Oct. 20 (Korea Bizwire) – Samsung Electronics Co. has rolled out the semiconductor industry’s first 8-gigabyte mobile DRAM package for smartphones, based on its advanced 10-nanometer production technology, the company said Thursday.  The new package of mobile chips is expected to significantly improve mobile user experiences for those using high-definition, large-screen devices, Samsung said [...]