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September 13, 2022
Samsung chief visits Mexico during Chuseok holiday
Mexico is home to a Samsung white goods plant, an auto parts plant, as well as a television manufacturing plant in Tijuana, a city bordering with the United States, largely targeting North American m...ung locations in Korea, including semiconductor fabs in Giheung and Hwaseong; Gyeonggi ...
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September 13, 2022
Memory down cycle to unseat Samsung
Samsung Electronics is projected to see a 19 percent drop in quarterly sales during the July-September period, which will drop the tech giant to the second place in the world's semiconductor market by sales following Taiwan-based foundry company TSMC's swift rise to the top, dat...
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September 13, 2022
Foreigners sell W12tr worth of Korean stocks this year
...n stocks traded on South Korea’s main board Kospi since January has reached 11.96 trillion won ($8.6 billion) Thursday, according to data from the Korea Exchange Monday. The data showed shares of Samsung Electronics accounted for a little over 9 trillion won, with Naver, LG ...
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September 12, 2022
[From the Scene] China’s TCL no longer an underdog
BERLIN -- At this year’s IFA trade show in Berlin, the world’s top two TV makers -- Samsung Electronics and LG Electronics -- both stressed that they will focus on upgrading the user experience and not the hardware itself. The South Korean tech rivals said they aime...
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September 07, 2022
Samsung families receive W235.5b in dividend in H1
Four family members of South Korea's largest conglomerate, including Samsung Electronics Vice Chairman Lee Jae-yong, have received a combined 235.46 billion won ($171.4 million) in dividends from Samsung Electronics in the first half, data showed Tuesday. Am...
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September 06, 2022
Samsung vows to take energy efficiency to next level at IFA
Samsung Electronics on Monday pledged to take energy efficiency of its consumer electronics goods to the next level, supported by a combination of technologies from artificial intelligence to connected homes, during Europe's biggest tech show IFA 2022 that wraps up Tue...
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September 06, 2022
Super typhoon’s approach puts Korean businesses on high alert
...nitoring of the typhoon. Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries evacuated ships to the western sea and reinforced wire ropes to safely dock sh...screens. In order to save workers from a hectic commute during the typhoon, compani...
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September 05, 2022
Samsung’s foldable R&D chief talks about balancing tradeoffs
BERLIN – Samsung Electronics will focus on upgrading foldable phones and enhancing their user experience for now, despite their extensive study on diverse smartphone form factors such as rollable and slide types, according to a senior executive who oversees research and develop...
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September 05, 2022
Samsung's new foldables get warm reception in Europe
South Korean tech giant Samsung Electronics announced Friday that sales and shipments of its newest foldable phones have significantly increased in Europe compared with their predecessors in the first week since the release. The latest additions to Samsung's foldable ...
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September 05, 2022
Samsung bets big on home connectivity
BERLIN – Samsung Electronics is betting big on its SmartThings smart home platform, declaring that a connected home is now a reality that creates new value for users. “This year will mark the beginning of mass adoption of SmartThings,” said Han Jong-hee, Samsung's ...
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September 05, 2022
Samsung CEO hints at joining RE100 ‘soon’
BERLIN – Samsung Electronics co-CEO Han Jong-hee on Thursday hinted that the South Korean tech giant will unveil a new sustainable growth strategy soon, possibly its delayed decision to join the RE100 global initiative. “We will announce a clearer goal that is also achievable...
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September 02, 2022
Samsung's OLED gaming monitor, new industrial tablet to debut in Europe
The OLED monitor is scheduled for the launch in the fourth quarter globally including Europe, after its IFA debut. This came a week after its crosstown rival LG Electronics announced plans to showcase its first OLED gaming monitor in its high-end UltraGear lineup during the IFA 2022. Me...
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September 02, 2022
IFA 2022: What to expect from Samsung, LG
BERLIN -- IFA, Europe’s biggest tech show, is being held in person again after two years of pandemic disruptions, with South Korean tech rivals Samsung Electronics and LG Electronics among the largest exhibitors. The annual gathering will kick off in Berlin on Friday...
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September 01, 2022
Korea introduces 2 numbers in 1 phone service with eSIM
...can have two different phone numbers in one device -- one for USIM and another for eSIM. According to the ministry, eSIM needs to be installed in smartphones from the production stage. Currently, Samsung Electronics’ Galaxy Z Fold4 and Z Flip4, along with Apple’s smartphone...
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September 01, 2022
Samsung’s connected home app to power 13 home appliance brands
Samsung Electronics' integrated home appliances solution SmartThings is poised to be applied to Samsung plus 12 other major white goods brands by the first half of 2023, the company said Wednesday. ...roup at Samsung Electronics, is serving as the ...
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August 31, 2022
Korean financial groups make aggressive expansion in Vietnam
...o 42 billion won in the same period. The International Monetary Fund forecasts Vietnam to grow 7 percent this year. The ASEAN member nation has been a key benefactor of global efforts to reshuffle the supply chain from China to other nations. Top global corporations Samsung Electr...
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August 30, 2022
‘An alien working at Samsung‘: S. Korean tech giant unveils new avatar
Samsung Electronics revealed Monday a teaser which featured its new virtual alien avatar named G-Nusmas. According to Samsung’s video posted online, the small blue extraterrestrial invader, originally from a planet called Nowus-129, accidentally arrived on Earth thro...
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August 30, 2022
TV war looms ahead of IFA week
South Korean tech rivals Samsung Electronics and LG Electronics are heading to Berlin this week to show off their latest home appliances, including flagship TVs, during the IFA trade show that kicks off Friday (local time). Keen interest is being paid to whether ...
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August 28, 2022
FSC deputy chairman is S. Korea‘s ‘richest’ civil servant
...r operator headed by one of Kim’s family members. Kim is the second-largest shareholder of the company. Other stock investments included shares worth 314 million won in local businesses including Samsung Electronics, LG Electronics and Woori Financial Group. The v...
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August 26, 2022
Korea to seek joint response with EU over Biden’s bill
...ial segments in Seoul on the day, saying the Korean government would not spare any effort to map out measures in close collaboration with the private sector. Participants included executives from Samsung Electronics, SK hynix, Hyundai Motor, LG Energy Solution, Samsung
November 26, 2024
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