SEOUL, Jun. 3 (Korea Bizwire) — Samsung Group chairperson Lee Kun-hee was observed on May 22 in a hospital room at Samsung Seoul Hospital, breathing on his own and not dependent on any life-support system, for the first time since he was admitted following a heart attack in May 2014. Online news portal The Fact [...]
SEOUL, May 29 (Korea Bizwire) — Samsung Group heir apparent Lee Jay-yong saw the value of his stock holdings top 10 trillion won (US$9.02 billion) on Friday, three days after the conglomerate announced a plan to merge two key units. Based on Friday’s closing prices, Lee, vice chairman of tech giant Samsung Electronics Co., held [...]
SEOUL, May 18 (Korea Bizwire) — South Korea’s tech giant Samsung Electronics Co. saw its global market share in the mobile phone sector drop slightly during the first quarter of this year but its shares in the DRAM, TV and display areas improved, a report showed Sunday. According to the report by Samsung Electronics detailing [...]
SEOUL, May 8 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. said Friday it has demonstrated a digital transmission of a high-imaging ultra-high definition (UHD) TV in Luxembourg, as it seeks to pave the way for setting global standards with the advanced visual technology. Samsung rehearsed a transmission of digital content that has [...]
SEOUL, May 8 (Korea Bizwire) — Samsung Electronics presented its plans to expand its built-in home appliance business, while launching its new ‘Chef Collection Built-In’ on May 7. Yoon Boo-Keun, president and CEO of Samsung Electronics’ Consumer Electronics (CE) division, said at a press conference at the Shilla Hotel that the company was hoping to [...]
SEOUL, May 6 (Korea Bizwire) — Samsung Electronics’ Suwon Samsung Digital City R&D complex was transformed into a theme park on May 5 to celebrate Children’s Day. Various events, such as water slides, cart racing, b-boy performances, sand animation and illusionist shows were held at the complex for 63,000 Samsung employees and local families. Samsung [...]
SEOUL, Apr. 30 (Korea Bizwire) — Samsung Electronics Co. has suffered another setback in the fast-growing Chinese smartphone market this year in the face of heated competition, with its standing slipping by one notch to become the No. 4 smartphone seller in the first quarter of this year, data showed Thursday. China-based Huawei Technologies Co. [...]
SEOUL, April 27 (Korea Bizwire) – At the IFA Global Press Conference organized by gfu and Messe Berlin, which took place at Malta Intercontinental Hotel from April 23 to 26, Chinese electronics makers stood out with new products. However, many of their offerings were just copycats of products made by Korean electronics giants like Samsung and [...]
SEOUL, Apr. 22 (Korea Bizwire) – Samsung Electronics Co.’s newest high-end smartphones – the Galaxy S6 and the Galaxy S6 Edge — are seen drawing less than expected attention from consumers, industry data showed Wednesday, casting clouds over the market’s upbeat sales estimate of over 50 million units for 2015. South Korea’s No. 1 tech [...]
SEOUL, Apr. 17 (Yonhap) — South Korean tech behemoth Samsung Electronics Co. outpaced its competitors in global smartphone sales in the first quarter of 2015, widening its market share lead over its closest rival Apple Inc., data showed Friday. In terms of sales volume, Samsung took up 27.8 percent of the global smartphone market in [...]