SEOUL, Aug. 31 (Korea Bizwire) – Samsung Electronics Co. has halted deliveries of its flagship Galaxy Note 7 phablet to South Korean mobile carriers amid a series of reports at home and abroad that a few of the devices were “exploding” while they were being charged, industry officials said Wednesday. The stoppage of Galaxy Note [...]
SEOUL, Aug. 31 (Korea Bizwire) – South Korea’s top court on Tuesday upheld a ruling by a lower court that South Korean tech giant Samsung Electronics Co. is not to blame for the leukemia death of one of its former employees at a chipmaking facility, citing a lack of evidence. In 2010, five people, including [...]
SEOUL, Aug. 24 (Korea Bizwire) – Samsung Electronics Co.’s mobile-payment service, Samsung Pay, has hit 2 trillion won (US$1.8 billion) in accumulated transaction volume in South Korea, the company said Wednesday. The record came about one year after Samsung launched the mobile-payment service at home. Of the accumulated transaction volume, the value of fingerprint-identification mobile [...]
MEXICO CITY, Aug. 22 (Korea Bizwire) – Samsung Electronics Co. signed a business pact with the tourism board of Mexico’s Yucatan state to implement a project that will utilize the South Korean electronics giant’s virtual reality (VR) technologies to help develop the Mexican state’s tourism industry, the Mexican unit of Samsung said Monday. It marks [...]
SEOUL, Aug. 19 (Korea Bizwire) – South Korean shares hit this year’s new high on Friday, led by the continued rally of the top cap Samsung Electronics. The local currency fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) gained 0.77 point, or 0.04 percent, to 2,056.24. Samsung Electronics climbed 2.13 [...]
SEOUL, Aug. 19 (Korea Bizwire) – The highly-anticipated Galaxy Note 7, Samsung’s latest flagship phablet, was finally released on Friday. Customers who placed pre-orders for the new phone lined up in front of mobile phone shops across the country to finally get their hands on Samsung’s most recent innovation. The Galaxy Note 7 was met [...]
SEOUL, Aug. 16 (Korea Bizwire) – Samsung Electronics Co., a South Korean tech giant, said Tuesday it has joined an international blood donation campaign to encourage more people to give blood for those in desperate need. The Red Cross’s International Missing Type (IMT) initiative encourages popular brands and organizations to remove A, B and O [...]
SEOUL, Aug. 16 (Korea Bizwire) – South Korean tech giant Samsung Electronics Co. on Tuesday said it will showcase its new high-end smartwatch, the Gear S3, in Germany later this month. The showcase event will take place on Aug. 31 in Berlin, just ahead of the Internal Funkausstellung (IFA) tech fair, and will be streamed [...]
SEOUL, Aug. 12 (Korea Bizwire) – Iris scanning is no longer something from the future, or a mundane cliché technology from a sci-fi movie. With Samsung Electronics introducing a form of the technology in its latest flagship phablet, the Galaxy Note 7, it’s clear that a new era of personal identification is here. Boasting its [...]
SEOUL, Aug. 11 (Korea Bizwire) – South Korea’s tech giant Samsung Electronics Co. on Thursday said it has signed a contract to acquire a U.S. premium kitchen appliance maker, Dacor, in a move to bolster Samsung’s presence in the American luxury home-appliance market. The financial terms of the contract were not revealed, but Yoon Boo-keun, [...]