Seoul, July 23 (Korea Bizwire) – Samsung Electronics announced that they would be providing their 103 semiconductor partners with incentives worth a total of 14.2 billion won for the first half of the year. This is the largest incentive to be offered in the first half of the year, both in the number of target companies and [...]
“It is quite preposterous to win a case over Samsung in Korea. No one can win over Samsung in Korea and it was the expected result.” – Daum ID “cesiu****” “Elliott is very clever. It sued Samsung just to make a case for ISD. In the ISD, Samsung cannot be assured of winning.” – Naver [...]
SEOUL, Jun. 30 (Korea Bizwire) — Samsung Electronics has elongated the company’s parental leave period to two years from the current one year, and introduced a leave of absence system for self-development. The two measures will take effect on July 1. The company’s parental leave period was previously up to one year per child. A [...]
SUWON, Jun. 3 (Korea Bizwire) — Major companies in Gyeonggido are trying to block any spread of the MERS virus by allowing some employees to work at home, and sending others to quarantine. Groundless rumors are also spreading on workers’ SNS, adding more pressure for companies to act upon workers known to have been in direct [...]
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 [...]