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March 10, 2022
Doosan acquires stake in chip-testing firm Tesna for W460b
... the firm is a market leader in wafer-testing services here. A wafer is a thin plate on which thousands of chips are printed. The company also picks out defective chips. As its two key clients -- Samsung Electronics and SK hynix -- aggressively expand their chip businesses, T...
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March 10, 2022
Loyal Samsung investors cash out as shares retreat
Market bellwether Samsung Electronics, whose shares are practically held by one out of every 10 South Koreans, is suffering from an army of once-loyal investors dumping shares out of disappointment over the tech giant‘s underperforming shares. Its shares have slid since Januar...
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March 10, 2022
Fair-trade watchdog likely to investigate Samsung over ‘GOS’ scandal
South Korea’s antitrust watchdog is expected to investigate Samsung Electronics over a complaint that the company has exaggerated the performance of its Galaxy smartphones. According to industry sou... Samsung Electronics plans to upgrade its GOS and offer...
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March 10, 2022
Russia’s new bond rules pile pressure on Korean firms
...llar immediately started reviewing the impact, raising concerns that the new measure could eventually lead to a default. Russia may not be a major market for many Korean firms, but big names like Samsung Electronics and Hyundai Motor have poured considerable resources into se...
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March 10, 2022
S. Korean stocks tumble, currency weakens as oil prices surge
... Ah-min said. “The pressure on global energy prices in the near future is closely tied with how central banks around the world will play out their monetary policy normalization.” Market behemoth Samsung Electronics fell below 70,000 won and closed 0.86 percent lower from t...
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March 08, 2022
Women still earn 38% less than men
...maceutical (58 million won) sectors also showed above-average salaries for women. Among individual companies, there were eight companies where the average pay for females exceeded 80 million won. Samsung Electronics at 97.72 million won was the highest-paying company for wome...
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March 08, 2022
Samsung Electronics under fire for forcing smartphone-slowing software on users
Samsung Electronics is facing accusations that it exaggerated the performance of its flagship smartphone Galaxy S22 series. The controversy revolves around an application called game optimizing serv...avy-resource apps as well, without telling users. Infuriated users are crying...
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March 08, 2022
Kospi drops 2 percent, Samsung shares rattled
South Korea’s benchmark Kospi fell some 2 percent on Monday, with market behemoth Samsung Electronics dropping below the 70,000 won-mark ($57.03) at one point, rattled by the escalating war in Ukraine and surging oil prices. The value of the Korean won weakened against the US ...
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March 08, 2022
Samsung joins Russia sanctions, donates $6m to Ukraine
Samsung Electronics has suspended its shipments to Russia and donated $6 million to Ukraine, according to industry sources Sunday. The South Korean tech giant has become the latest multinational fir...o Samsung Pay, Samsung Galaxy Store and Samsung...
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March 04, 2022
[MWC 2022] Korean telcos ready to set new standard in 5G network
...cost burden on the telco,” Lee told reporters. Nokia and Ericsson-LG have both supplied their products to network infrastructure of Korean carriers KT and SK Telecom. Another partner of the two, Samsung Electronics’ network division, did not unveil new equipment at MWC 202...
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March 04, 2022
[MWC 2022] Science Minister signs MOU with GSMA for metaverse cooperation
...form, apps that work on the metaverse, and head-mounted display headsets at the four-day convention. During her visit to Barcelona, Lim met key representatives of Korean exhibitors. They included Samsung Electronics Chief Executive Officer Han Jong-hee and SK Telecom Presiden...
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March 04, 2022
Samsung Electronics memory chip fastest in the world
Samsung Electronics said Thursday that its next-generation memory chip set a world record on speed. According to the South Korean tech giant, its LPDDR5X memory chip operated at 7.5 gigabits per second, the fastest speed among memory chips in the market. Short for low power do...
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March 03, 2022
Korea strives to placate US after ‘belated’ sanction
...nternet on Monday. An exemption is significant given that Russia is the 10th-largest trade partner of Korea as of 2021. Cars, automobile parts and steel make up about half of Korean shipments to Russia. Among the Korean companies which have made inroads into Russia are Samsung El...
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March 02, 2022
[MWC 2022] Samsung CEO hints at XR comeback for metaverse trend
BARCELONA, Spain -- Samsung Electronics CEO Han Jong-hee has hinted at making a comeback to the global extended reality headset market with a new device that works on metaverse platforms, signaling a... since 2014 in partnership with Samsung, and allowed the devices to...
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March 02, 2022
[MWC 2022] Samsung’s mobile head declares end of Galaxy Note
BARCELONA, Spain -- Samsung Electronics will discontinue its phablet Galaxy Note series to make way for the high-end Galaxy S22 Ultra lineup, Samsung’s mobile business head said Monday. “The Ultra l...usiness at Samsung Electronics, told reporter...
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March 02, 2022
[MWC 2022] SKT CEO bets future on metaverse, AI chip, quantum cryptography
...erican and Asian countries. The company also applied quantum cryptography technology to its 221-kilometer-long 5G network in 2019, which it claims it was the first to do so. In collaboration with Samsung Electronics, SKT rolled out the world’s first quantum cryptography smar...
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March 02, 2022
MWC back in full swing to offer new connected experience
BARCELONA, Spain/SEOUL -- Mobile World Congress, the world’s largest mobile tech show, kicked off its four-day run in Barcelona, Spain, on Monday, with big-name exhibitors, including Samsung Electronics and Google, returning to flaunt their latest technologies and products. Th...
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March 02, 2022
[MWC 2022] Samsung unveils Galaxy Book2, virus-proof laptop with stronger Wi-Fi
Samsung Electronics Monday released Galaxy Book2 Business, a laptop mounted with Microsoft and Intel’s anti-virus programs and advanced 6E Wi-Fi, targeting remote workers who remain vulnerable to cybersecurity threats and slow internet connections. During the annual Mobile Wor...
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February 28, 2022
[MWC 2022] Samsung’s gadgets to clash with Chinese newcomers
Samsung Electronics expects the Mobile World Congress 2022 to become a proving ground for its newest 5G smartphones under the S22 series, with Chinese rivals heralding the launch of new phones in the same event in Barcelona, Spain. Samsung Electronics is the...
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February 27, 2022
[MWC 2022] SKT, Samsung to unveil advanced 5G tech at MWC
South Korea’s telecommunication carrier SK Telecom and wireless network equipment maker Samsung Electronics will unveil the test results of their 5G network architecture “Option 4” for enhanced connectivity at the upcoming Mobile World Congress in Barcelona. The two firms re...
November 26, 2024
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