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March 05, 2023
Competition heats up for first Hyundai factory job openings in decade
...ce community app Blind, which allows users to post anonymously, with many asking whether they should consider applying. One post showed a person who claimed to be working at a production line for Samsung Electronics asking for advice in changing jobs to Hyundai. Another alleged S...
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March 05, 2023
Samsung’s global DRAM market share inched up; revenue plummeted in Q4
As global chipmakers struggle with a severe market downturn, Samsung Electronics managed to maintain its market share while seeing a sharp loss in revenue, data showed on Thursday. According to mark...f the 2008 -- when the world was hit by a major financial crisis. The top three DRAM s...
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March 02, 2023
Samsung Electronics top stock pick in Feb.; SM ranks No. 4
Market bellwether Samsung Electronics was the top stock pick among investors in February, with the total trade volume of its stocks soaring to 16.17 trillion won ($12.3 billion) on the nation’s main ... a battery materials company that has recently inked a whopping 40 trillion won supply...
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February 28, 2023
Swedish EQT Partners to acquire SK security affiliate for W3tr
...-largest physical security service firm accounting for about 30 percent of the market, has been valued at up to 5 trillion won by SK Square, with a net debt of 2 trillion won. S-1, an affiliate of Samsung Group, leads the market with a 50 percent market share. The Korean security servi...
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February 27, 2023
Telecom carriers to show off future tech in Barcelona
Meanwhile, Samsung Electronics will present its latest 5G solutions at the trade show, including the next-generation 5G vRAN and the newest energy saving feature for vRAN, Massive MIMO radio and adva...hen have been providing stable and reliable 5G services to millions of customers," Kim ...
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February 26, 2023
Samsung kicks off global tech seminar to introduce QLED, OLED TVs
Samsung Electronics said Friday it had kicked off its annual tech seminar series in Frankfurt, Germany, Thursday, showcasing cutting-edge technologies behind its 2023 TV lineup, which includes Neo qu...of its gaming monitors and lifestyle products will also be introduced at the event, acc...
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February 24, 2023
Samsung-Dish 5G partnership in progress
Samsung Electronics said Thursday it has launched a virtual open radio access network site running on the ultra-fast 5G network along with Dish Network, the fourth-largest telecommunications carrier ... June-hee, executive vice president and head of global sales, marketing and networks bu...
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February 23, 2023
Average pay at Samsung estimated at W130m: report
The average annual compensation for Samsung Electronics’ employees and executives last year was over 130 million won ($99,700), data showed Wednesday. According to market tracker Korea CXO Institute...average annual paycheck was calculated based on the tech giant’s recent audit report ...
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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 tha...ver Pay, the No. 1 player in online payments, will use the extensive offline ...
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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 Electronics and Telecommunications ...
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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 perc... Still, the figure is considered low for Samsung to compete head-on with LG, ...
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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....aid. The new flagship models also use more components made of recycled materials than ...
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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 in ChatGPT...
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February 17, 2023
Uncertainty ahead for Lotte's venture into CDMO
... contract manufacturing arm will become a future engine of growth, following in the footsteps of Samsung. But the road ahead remains uncertain as Lotte is still in the early stages of the business. A...Lotte is seeking to emulate the success of Samsung Biologics, the contract...
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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 Institute of Te...
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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... into the year. In a regulatory filing on Tuesday, Samsung said it will be b...
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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... the possible partnerships at a press conference held in Malaysia on Thursday, for the...
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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 Tuesday to fi...
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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 pledged to don...
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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 ...ng product quality,” Park Seong-sun, executive vice president in charge of device deve...