SEOUL, Nov. 28 (Korea Bizwire) – After the 2-trillion won (US$1.8 billion) deal that sent its chemical and defense subsidiaries (including Samsung Techwin) to Hanhwa Group, Samsung plans to repurchase its business jets, which are currently under Techwin’s management. Hanwha’s acquisition of Samsung Techwin made industry watchers curious about the disposal of the Samsung Group [...]
SEOUL, Nov. 25 (Korea Bizwire) — The smartwatch market is showing signs of blooming. As major companies like Samsung, LG, and Apple make forays into this area, the number of smartwatch patent applications has increased as well. According to the Korea Intellectual Property Office on November 23, the number of patent applications related to smartwatches started picking [...]
SEOUL, Nov. 24 (Korea Bizwire) – The final issue of “Samsung & You,” the corporate bimonthly magazine published by Samsung Group, has featured Lee Kun-hee, the current group chairman incapacitated by a heart attack in May this year. The print magazine will move to the online space from the next issue after five years of publication. According [...]
Seoul, Nov. 21 (Korea Bizwire) — Samsung Electronics held a Samsung Venture Partners Day on November 21 in Daegu in an effort to encourage local economic revival. The company said it would lend support to start-up ventures in Daegu and surrounding areas in North Gyeongsang Province. In three business areas including the Internet of Things, [...]
“Samsung Electronics is aiming to capitalize on big opportunities in Connected Living, also called the Internet of Things. The market in this area will triple to US$7.1 trillion by 2020 from $1.9 trillion last year. Samsung will lead the trend in this emerging field.” “According to a report, the healthcare market of the developed nations [...]
SEOUL, Nov. 10 (Korea Bizwire) – The Samsung “Gear S,” the latest smart wearable device launched on November 5 by Samsung Electronics, has been sold more than 10,000 on the first day. Sold through SK Telecom and KT, the Gear S saw its blue color models run out on the first day and the white [...]
SEOUL, Nov. 2 (Korea Bizwire) –In response to higher-than-expected iPhone6/Plus sales, Samsung Electronics is rolling out two new mid-range smartphones called “Galaxy A3″ and “Galaxy A5,” which are known for “selfie-friendly” smartphone with their high-performance camera features. Samsung also is to release the Samsung Galaxy Note Edge, its flagship high-end phablet model in America, all [...]
SEOUL, Oct. 24 (Korea Bizwire) – Samsung’s high-end robot cleaner has recorded fairly good sales, with more than 4,000-unit sales of its new robot vacuum cleaner “Powerbot” only in two months after launch, in offering untapped opportunities in the home electronics market to the tech giant which is reportedly suffering declining profit margins lately [...]
SEOUL, Oct. 22 (Korea Bizwire) – Following an announcement on October 20 by LG Electronics that it would donate 2,000 smartphones to help fight the spread of Ebola virus in Africa for the doctors and emergency medical workers for the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), Samsung Electronics also said on [...]
SEOUL, Oct. 22 (Korea Bizwire) – Samsung Electronics will compensate all victims related to leukemia and other occupational diseases as long as they are qualified under certain standards. The company said this on October 21 on its official blog “Samsung Tomorrow” in a message titled “Ahead of the founding of the dispute mediation committee.” Samsung continued, [...]