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 [...]
SEOUL, Oct. 3 (Korea Bizwire) – To meet the increasing global demand for TVs and other home appliances, Samsung Electronics is constructing a consumer electronics factory at the Saigon High-tech Park in Ho Chi Minh City, Vietnam, a strategic move to take advantage of the cheap labor costs and bet on the swelling middle class consumer [...]
SEOUL, Sep. 19 (Korea Bizwire) – The economic value produced by the top-four Korean conglomerates, Samsung Group, Hyundai Motor, SK Group and LG Group, hit 140.2 trillion won, or about US$134.7 billion, in 2013, equivalent to 10 percent of the South Korea’s gross domestic products. Excluding the four, in contrast, the value-added generated by enterprises [...]
SEOUL, Sep. 17 (Korea Bizwire) – Samsung Group has streamlined its Intranet “My Single” as part of its new catchphrase, so-called the “Mach management,” which values the faster speed in operation. The previous system was not that effective in communicating with each other. It is reported that a total of 425,000 employees of Samsung make 486 [...]
SEOUL, Sep. 16 (Korea Bizwire) – Samsung Electronics unveiled its Curved Soundbar (HW-H7500) to match its popular curbed TV line-ups, especially its 55-inch and 65-inch curved Ultra HD TVs. The aluminum-clad device with a surround support of 8.1-channel and additional side speakers adds to the immersion. It is also wirelessly connected to the TV by [...]