SEOUL, May 23 (Korea Bizwire) – Innomdle Lab, a local spin-off of Samsung Electronics, is scheduled to start production later this year of smart straps for smartwatches that enable one to make calls by pressing a finger to the ear, company officials said Monday. Mass production is expected to begin some time in October, officials [...]
SEOUL, May 19 (Korea Bizwire) – A South Korean mountaineer and explorer, Huh Young-ho (63), has succeeded in filming an ascension of Mount Everest with a 360-degree VR camera. After 43 days of climbing and preparation, Huh reached the mountain’s summit for the fifth time on May 16 at 6AM local time. He now holds [...]
SEOUL, May 19 (Korea Bizwire) – An image of the presumed Galaxy S7 Active has been leaked. SamMobile, a blog specializing in Samsung products, introduced an image of a desert-camo decorated GS7, which it is expected to be released exclusively through AT&T on June 10. The new S7 Active will have a 5.5-inch display with [...]
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 [...]
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 [...]
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Electronics Co.’s lawsuit against British manufacturer Dyson in a patent row over a vacuum cleaner mechanism has been withdrawn from a Seoul court after the two firms resolved the dispute through arbitration, court officials said Tuesday.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 [...]
SEOUL, April 18 (Korea Bizwire) – Samsung Group slashed more than 10,000 jobs last year, the biggest cuts among South Korea’s top 30 conglomerates, according to data from CEO Score, a market research firm. While many of the job losses resulted from the sale of Samsung’s petrochemical and defense businesses, the nation’s largest company is [...]
SEOUL, April 5 (Korea Bizwire) – Televisions produced by small and medium-sized companies are becoming popular for their unique value proposition of a high-quality image at a reasonable price. According to online shopping site Tmon (www.tmon.co.kr), the Q1 sales of TVs manufactured by small-size domestic companies increased by 63 percent year over year. As a [...]
SEOUL, April 5 (Korea Bizwire) – Samsung Electronics Co. said Tuesday it has commenced the mass production of the industry’s first 10-nanometer level dynamic random access memory (DRAM) chips, speeding up its dominance in the segment. The South Korean giant said it is producing 8-gigabit DDR4 chips through 10-nanometer-level technology, a breakthrough which came around two [...]
SEOUL, April 1 (Korea Bizwire) – LG‘s new smartphone, which was launched on March 31, is drawing attention as its ancillary devices are more expensive than the phone itself. A customer would have to spend two million won to purchase the new G5 accompanied by its five ‘friends’ (accompanying devices). According to industry reports, the lowest [...]