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Samsung Electronics Pledges $500,000 to U.S. Charity Organization

Samsung Electronics Pledges $500,000 to U.S. Charity Organization

SEOUL, Nov. 17 (Korea Bizwire) – Samsung Electronics on Tuesday pledged a US$500,000 donation to a U.S. charity organization for veterans and military families. The commitment to the Fisher House Foundation is the latest in a series of donations that the South Korean electronics giant has made in the U.S. for veterans and their families [...]

Italians Satisfied with Samsung’s Home Electronics

Italians Satisfied with Samsung’s Home Electronics

SEOUL, Nov. 13 (Korea Bizwire) – Samsung Electronics has taken first place for the second time in a row in an Italian survey on customer satisfaction of home electronics conducted by ‘Corriere della Sera’, Italy’s best-selling daily newspaper. Corriere della Sera conducted a survey on 20,000 consumers asking them how satisfied they were with the [...]

Samsung, LG Win Int’l Awards for Key Products

Samsung, LG Win Int’l Awards for Key Products

SEOUL, Nov. 11 (Korea Bizwire) – Samsung Electronics Co. and LG Electronics Inc., South Korea’s top two tech firms, said Wednesday that they have garnered international awards for some of their latest home appliances, mobile devices and memory chips. Samsung won the Best of Innovation award for a total of 38 products, including the most [...]

Samsung Showcases Budget Smartphone in India

Samsung Showcases Budget Smartphone in India

SEOUL, Nov. 3 (Korea Bizwire) - Samsung Electronics Co. showcased two Android-powered budget smartphones in India on Tuesday, in line with its efforts to solidify its presence in the South Asian country. The smartphones, the Galaxy On5 and On7, will come with a price tag of 8,990 Indian rupees (US$137.2) and 10,990 Indian rupees respectively, the [...]

Share Value of Samsung Group’s Arms Surges $33bn in One Month

Share Value of Samsung Group’s Arms Surges $33bn in One Month

SEOUL, Nov. 1 (Korea Bizwire) – The combined aggregate value of affiliates belonging to Samsung Group, South Korea’s largest family-run conglomerate, surged 38 trillion won (US$33.3 billion) in the past month, helped by so-called earning surprises in the third quarter, market data showed Sunday. According to market researcher FN Guide, six out of 11 listed [...]

Samsung Denies Lay-Off Rumors in India

Samsung Denies Lay-Off Rumors in India

SEOUL, Oct. 23 (Korea Bizwire) – While Indian media have reported that the local subsidiary of Samsung Electronics will be reducing its number of employees by five percent, the tech giant has responded that it is actually looking to hire more employees. The Indian Daily Economic Times reported that the Indian corporate body of Samsung [...]

Samsung Tops Global Smartphone Market Share in Q3

Samsung Tops Global Smartphone Market Share in Q3

SEOUL, Oct. 21 (Korea Bizwire) – South Korean tech giant Samsung Electronics Co. trumped rivals in the global smartphone market in the third quarter, while its annual sales are likely to drop on-year largely due to stiffer competition from Chinese makers, a report said Wednesday. Samsung, the world’s top smartphone maker, retained its top spot [...]

Samsung, LG Tap Battery Bbiz for Wearables

Samsung, LG Tap Battery Bbiz for Wearables

SEOUL, Oct. 20 (Korea Bizwire) – Samsung SDI Co. and LG Chem Co., South Korea’s two major battery makers, are expanding their product portfolios into flexible cells for wearable devices, a move seen to meet increasing global demand for bendable gadgets such as smartwatches. The two battery-making units of Samsung Group and LG Group said [...]