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, [...]
SEOUL, South Korea, Oct. 21 (Korea Bizwire) — Samsung Electronics announced that it is mass producing the industry’s most advanced 8-gigabit (Gb) DDR4 memory and 32-gigabyte (GB) module, both of which will be manufactured based on a new 20-nanometer (nm) process technology, for use in enterprise servers. “Our new 20nm 8Gb DDR4 DRAM more than [...]
SEOUL, Oct. 17 (Korea Bizwire) – As Samsung Electronics deepens its relationship with Facebook, industry observers wonder what kind of output will come out of this tie-up. Facebook CEO Mark Zuckerberg, with 40 or so top managers of his company including COO Sheryl Sandberg, visited Korea on October 14 and spent two days with executives of [...]
SEOUL, Oct. 16 (Korea Bizwire) – From now on, users of check cards (or debit cards) will be able to get their refunds right away within one business day, instead of three to six days presently. According to credit card industry sources on October 15, the five credit card companies including Shinhan, KB, Samsung, Lotte, and [...]
SEOUL, Oct. 15 (Korea Bizwire) — Samsung Electronics announced two industry first milestones in the development of 5G telecommunications networking technology, as the company clocked 7.5Gbps, or 940MB per second, the fastest-ever 5G data transmission rate while in a stationary environment. The company was also the industry’s first to achieve uninterrupted and stable connection at 1.2Gbps, [...]
SEOUL, Oct. 10 (Korea Bizwire) – Samsung Group said on October 9 that it has selected a total of 45 research projects for this year as part of its future technology fostering program that the company will invest 1.5 trillion won (US$1.4 billion) for the next ten years. The projects to be funded by the company [...]
SEOUL, Oct. 7 (Korea Bizwire) – Korea’s 16 major corporations, including Samsung Electronics and Hyundai Motor, plan to carry out investment projects worth 28.4 trillion won (US$26.6 billion) from the second half of this year to next year. The Ministry of Trade, Industry and Energy held a meeting with CEOs of the nation’s 16 major companies [...]