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September 13, 2022
Foreigners sell W12tr worth of Korean stocks this year
... 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 Energy Solution and Kaka...et buying by individual investors, who in the same period bought 22.55 trillion wort...
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September 13, 2022
[Herald Interview] ‘Huge amount of future will be happening through Asia’
...preventing the world from overtaxing the Earth in moving toward circular economies where there is much more consideration about using eco-friendly energy sources. Emphasizing “huge RD from LG and Samsung in displays and interfaces, Yonck underlined how they can impact the way that peo...
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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 n... Gen Z do not consider TV an essential item any longer,” Chung Kang-il, senior vice ...
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September 12, 2022
[Herald Interview] 'COVID-19 is not over -- people are still getting sick'
...usheld on Aug. 8. Perez said AstraZeneca was successful in coping with the pandemic because it cooperated with academic institutions such as the University of Oxford and other companies including Samsung Biologics and SK Bioscience. “Samsung Biologics is a perfect example w...
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September 12, 2022
Apple Pay in final-stage talks to enter Korean market
...payment devices with NFC due to security issues, and some 30 percent of smartphone users here using iPhone, Apple Pay is expected to gain noteworthy popularity, experts said. But at the same time, Samsung Pay’s market dominance alongside the current lack of NFC devices will act as majo...
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September 12, 2022
[From the scene] Samsung's new Pyeongtaek fab ready to embrace chip design ambitions
The key to competitive edge, especially in times of crisis, is Samsung's relentless investment push for a stronger research and development capability, Kyung said. "The chip down cycle is likely to persist in the second half, and now I don't see a momentum for a rebound in the next year ...
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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. Among them, Hong Ra-he...
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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 connect...pe's biggest tech show IFA 2022 that wraps up Tuesday. The cutting-edge technologies w...
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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...n-joon, executive vice president and R&D head of the mobile business division, told re...
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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 firs...y chain issues, according to market intelligence firm Counterpoint Research. Earlier i...
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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 co-CEO who...
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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 RE10...ff Friday. The RE100 initiative sets a 2050 target for using 100 percent renewable el...
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September 02, 2022
Samsung's OLED gaming monitor, new industrial tablet to debut in Europe
... its first OLED gaming monitor in its high-end UltraGear lineup during the IFA 2022. Meanwhile, Samsung said Thursday the company is set to introduce the new industrial tablet targeting European mark...er in parts of Europe, with sales beginning later in 2022 in the rest of the world, ...
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September 02, 2022
[Newsmaker] New jobs for tycoons’ Samsung, SK chiefs to promote Busan Expo
...c on Wednesday. Experts say Korean business tycoons’ active participation in the expo bidding would make a huge impact and creates synergy with the Korean government’s efforts. “The now-deceased Samsung Group Chairman Lee Kun-hee played an instrumental role in making South Korea th...
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September 02, 2022
IFA 2022: What to expect from Samsung, LG
...eing 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 of...her brands and devices has limited the expansion of the Samsung ecosystem....
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September 01, 2022
[Market Eye] Lone Star verdict highlights Korea's departure from global standards
...ed. Lee said the Korean government’s “excessive involvement” is also reflected in the ongoing dispute between US activist fund Elliott Management and Seoul over a controversial 2015 merger of two Samsung affiliates following Elliott’s loss in a proxy battle to block it. “There wa...
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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 lineups b...
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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. ...tem's scalability, according to Samsung. This will enable not only...
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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 Electronics...