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Smartwatch Market Rapidly Cooling Off

Smartwatch Market Rapidly Cooling Off

SEOUL, May 25 (Korea Bizwire) – Criticism of smartwatches is mounting as they continue to fail to overcome drawbacks such as short battery capacity and limited compatibility. Smartwatches still remain supplementary devices to complement smartphones. According to the KISDI’s (Korea Information Society Development Institute) report, ‘Changes in the Smartwatch Market, its Trends and Future’, the [...]

Jae-yong Lee and the New Samsung

Jae-yong Lee and the New Samsung

SEOUL, May 3 (Korea Bizwire) — It has been almost two years since Samsung Group chairman Kun-hee Lee was hospitalized after suffering a heart attack. With a sudden void in leadership, there have been many voices of concern from both within and outside the company. After two years, however, Samsung still figures among the global [...]

Samsung Group Rules Out Further Reorganization of Businesses

Samsung Group Rules Out Further Reorganization of Businesses

SEOUL, Apr. 27 (Korea Bizwire) — A high-ranking Samsung Group official said the conglomerate will not roll out further reorganizations of affiliates, amid the rising rumor that the family-controlled giant will offload its credit card and construction businesses. “There are no more affiliates or businesses that will be offloaded,” said Kim Jong-joong, an official from [...]

Samsung-Dyson Suit Over Vacuum Clear Ends in Arbitration

Samsung-Dyson Suit Over Vacuum Clear Ends in Arbitration

SEOUL, April 19 (Korea Bizwire) – Samsung Electronics Co.’s lawsuit against British manufacturer Dyson in a patent row over a vacuum cleaner mechanism has been withdrawn from a Seoul court after the two firms resolved the dispute through arbitration, court officials said Tuesday. The South Korean tech giant filed the suit against the British firm [...]