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February 22, 2023
Samsung, Naver join forces against Apple on payments
Ahead of the long-awaited Korean debut of Apple Pay next month, Samsung Pay appears to be bolstering preparedness by teaming up with its national rival Naver Pay. Samsung Electronics said Monday that it has signed a partnership deal with Naver Financial, the operator ...
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February 21, 2023
Korea aims to showcase pre-6G network in 2026
...premacy based on cooperation between the public and private sectors,” said Lee Jong-ho, Minister of Science and ICT. Lee discussed action plans for the K-Network 2030 strategy with officials from Samsung Electronics, LG Electronics and the state-run Electronic...
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February 21, 2023
[KH Explains] Samsung returns to OLED TV market after 10 years, renews competition with LG
Almost a decade after Samsung Electronics ditched the organic light-emitting diode TV business, the tech giant has returned to the market where crosstown rival LG Electronics dominates almost 60 percent of sales. Following its global launch last year, Samsung
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February 19, 2023
Samsung officially launches Galaxy S23 series, first in 55 countries
Samsung Electronics, the world's largest smartphone maker by shipment, announced the official launch of its Galaxy S23 series in 55 countries Friday, touting record-breaking preorders in South Korea. Starting sales in 55 countries, which include United States, Britain, Dubai an...
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February 17, 2023
[Newsmaker] ChatGPT not to be trusted on Korean names
...nt to prison on fraud charges and for falsifying documents to help her daughter gain admission to medical school, was another subject the chatbot got wrong. It explained that Chung was the wife of Samsung Electronics Executive Chairman Lee Jae-yong. Experts noted limitations ...
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February 17, 2023
Samsung introduces reusable photocatalytic air filter
Samsung Electronics said Thursday it has developed a new technology for a single air purification filter that simultaneously removes fine dust and harmful gases, and can be used for up to 20 years through simple water washing. Researchers at the Samsung Advanced Insti...
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February 16, 2023
Samsung secures cash from display unit to boost lagging chip business
Samsung Electronics plans to borrow 20 trillion won ($15.78 billion) from its display unit to secure working capital as the tech giant seeks to maintain a similar level of investment as last year, de...m Samsung Display at an interest rate of 4.6 percent, with the loan...
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February 15, 2023
Samsung mobile chief hints at extending AI partnerships
Samsung Electronics President and mobile business chief Roh Tae-moon has hinted at the tech giant’s potential partnerships with global IT firms to develop new artificial intelligence technologies for its smartphones. Roh noted the possible partnerships at a press conference he...
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February 15, 2023
Samsung chief unlikely to seek board membership
Samsung Electronics Chairman Lee Jae-yong is unlikely to seek board membership at the company, as it was not included in the list of agenda items to be discussed in the upcoming general shareholders meeting on March 15. Samsung held a board of directors meeting on Tue...
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February 14, 2023
Corporate relief support for quake-hit Turkey, Syria
... support disaster relief efforts after a devastating 7.8 magnitude earthquake on Feb. 6 that has so far left more than 33,000 people dead, and several thousands injured and in critical condition. Samsung Memory chip and smartphone maker Samsung Electronics has pled...
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February 14, 2023
Samsung vows to replace all plastics in Galaxy phones with recycled materials by 2050
Samsung Electronics, the largest smartphone maker in the world by shipment, vowed Monday to replace all plastics used in its Galaxy smartphones to recycled materials by 2050, highlighting its latest Galaxy S series, which has been made with the highest number of recyclables to d...
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February 14, 2023
[NPS in Action] ‘Paper tiger’ NPS rebrands self as vocal shareholder, but motives murky
...pressure NPS committee members to make a decision to vote for the merger of Cheil Industries and Samsung C&T -- two key affiliates of South Korea's top conglomerate, Samsung Group in 2015. “Under the...t held much sway as a shareholder. In March last year, NPS, which owns a...
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February 10, 2023
Samsung, LG shift away from China toward India as production base
...ir production operations away from China to India to lessen the damage from the lingering uncertainties surrounding the US-China rivalry and to tap further into the world's fifth-largest economy. Samsung Electronics, the world’s largest smartphone maker in terms of shipments...
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February 09, 2023
[KH Explains] Why Samsung won't call production cut ‘a cut’
...e the global chip industry is struggling to make ends meet amid sluggish demand and price falls, Samsung Electronics, the world’s largest memory chipmaker, said it will keep spending at a similar leve...n of the current situation. Samsung is looking further ahead at...
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February 07, 2023
[Herald Interview] 'Premium laptops essential to complete Galaxy ecosystem'
SAN FRANCISCO -- Samsung Electronics is hoping to expand its presence in the global laptop market where it remains a tiny player, as people are replacing their laptops more frequently after pandemic disruptions. “The replacement cycle of laptops is getting shorter from the pre...
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February 07, 2023
[Herald Interview] 'Premium laptops essential to complete Galaxy ecosystem'
SAN FRANCISCO -- Samsung Electronics is hoping to expand its presence in the global laptop market where it remains a tiny player, as people are replacing their laptops more frequently after pandemic disruptions. “The replacement cycle of laptops is getting shorter from the pre...
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February 06, 2023
[Herald Interview] Samsung bets big on cameras to fight Apple
SAN FRANCISCO -- Samsung Electronics unveiled the new Galaxy S23 smartphones, the latest lineup of its flagship S series, on Wednesday, putting much emphasis on enhanced camera functions -- a secret weapon to fight against its archrival, Apple. “We’ve enhanced our camera syst...
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February 03, 2023
Samsung bolsters ties with Qualcomm, Google to deter Apple
Samsung Electronics, the world’s largest smartphone maker by shipments, is bolstering ties with global tech giants Qualcomm and Google to build the next-generation extended reality ecosystem, as its archrival Apple, which tops in revenue, is expected to launch a mixed reality h...
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February 02, 2023
S. Korea logs highest monthly trade deficit amid sluggish chip demand
...ped dramatically to $3.61 billion and has not bounced back since, recording $3.24 billion in November and $3.23 billion in December. Moreover, two of South Korea's leading semiconductor makers -- Samsung Electronics and SK hynix -- saw earnings shocks in the fourth quarter of...
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February 01, 2023
Samsung defies chip price slump, vows to continue investment
Despite witnessing a sharp drop in chip profits, Samsung Electronics said it will not scale back its output and spending in 2023, bucking the trend of cost-cutting among its global rivals. "The deteriorated business environment is not so favorable for our performance for now, b...
November 26, 2024
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