SEOUL, Feb. 16 (Korea Bizwire) – Desperate to expand their global presence, South Korean and Chinese smartphone makers are likely to fight a pitched battle to steal the show at the world’s largest tech exhibition in Spain next week, industry watchers said Tuesday. The four-day Mobile World Congress (MWC) is slated to kick off in [...]
SEOUL, Feb. 10 (Korea Bizwire) – Samsung Electronics Co. is expected to reduce its facility investment in the chip business on-year in 2016, data showed Wednesday, while its rivals are estimated to expand their expenditures to catch up to the top player. According to the data compiled by industry tracker TrendForce, Samsung Electronics is estimated [...]
SEOUL, Feb. 3 (Korea Bizwire) - South Korea’s top tech firm Samsung Electronics Co. stood as the No. 1 player in the Indian smartphone market in 2015, data showed Wednesday, boasting strong sales from the mid-end segment to long-term evolution (LTE) models. The South Korean firm took up 25.7 percent of the Indian smartphone market in [...]
SEOUL, Feb.1 (Korea Bizwire) - LG Electronics Inc. was more profitable than Samsung Electronics Co. in the home appliance business in 2015 despite a huge gap in their overall revenue, industry data showed Sunday. According to the data, LG’s home entertainment and home appliance & air solution divisions chalked up an operating profit of 1.04 trillion [...]
SEOUL, Jan. 29 (Korea Bizwire) - Samsung Electronics Co. saw its presence in the Chinese smartphone industry fall on-year in 2015, data showed Friday, as local players continued to garner larger slices of the market. The South Korean tech giant, which stood as the No. 3 player in the Chinese market in the fourth quarter of [...]
SEOUL, Jan. 19 (Korea Bizwire) – Samsung Electronics Co. said Tuesday it has started the mass production of new dynamic random access memory (DRAM) chips, targeting the high performance computing segment that covers super computers and big-data cloud services. The new product, dubbed the second generation of 4-gigabyte (GB) high bandwidth memory DRAM, or HBM2 [...]
SEOUL, Jan. 14 (Korea Bizwire) – Samsung Electronics Co. said Thursday it has delivered a letter of apology to the families of its workers who fell ill or died from working at its facilities, claiming that the eight-year-long dispute has came to an end. “On Thursday, Samsung Electronics Vice Chairman Kwon Oh-hyun met with [...]
SEOUL, Jan.13 (Korea Bizwire) – Samsung Electronics announced that its ‘Milk’ music streaming service has surpassed the 30 million download mark worldwide. After its release in the American market in March 2014, ‘Milk’ is now being offered in Korea, China, Australia, New Zealand and Malaysia, providing music streaming services. Through a streaming radio service, users [...]
SEOUL, Jan. 13 (Korea Bizwire) – Samsung Electronics Co. on Wednesday said it will start sales of the new Galaxy A series in South Korea later this week that comes with Samsung Pay, a mobile payment tool that previously only supported high-end models. The Galaxy A5 and the Galaxy A7 will hit store shelves Thursday [...]
SEOUL, Jan. 12 (Korea Bizwire) – Samsung Electronics Co. agreed Tuesday with victims of leukemia and other work-related diseases to ramp up efforts to improve working conditions at its plants in order to prevent workplace disasters. The deal, signed by representatives from Samsung Electronics and two groups representing the victims and their families, calls for [...]