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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 largest smartphone ...
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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 conne...port urban air mobility systems and remote control of robots and heavy equipment. O...
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February 27, 2022
[MWC 2022] Samsung’s mobile chief hints at greener, more inclusive Galaxy ecosystem
Samsung Electronics mobile head Roh Tae-moon said Thursday its use of recycled and eco-conscious materials will play a critical part in its mobile device innovations, a week ahead of the Mobile World Congress 2022 in Barcelona, Spain. Samsung’s Mobile Experience business, led ...
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February 27, 2022
Samsung Galaxy S22 launched globally
Samsung Electronics on Friday launched its latest flagship smartphone Galaxy S22 as well as its tablet Galaxy Tab S8 in some 40 countries. According to the South Korean tech giant, the new devices w... while the Galaxy Tab S8 Ultra accounted for 50 percent for its series. A whopping 1.0...
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February 27, 2022
Biden’s Russia sanctions to indirectly hit Korea’s chip, auto industries
...ion imposes economic sanctions against Russia for invading Ukraine, South Korean firms including Samsung Electronics and SK hynix are expected to take collateral damage. On Friday, President Joe Bide...oducts such as telecommunications equipment, lasers, sensors and of course, chips to...
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February 27, 2022
Renault Samsung SM6 upgrades safety, convenience features
While keeping its overall look intact, the 2022 Renault Samsung SM6 has upgraded safety and convenience features, such as LED matrix vision headlamps, in all of its trims. Like most European cars, t...ival at the store, store staff comes out to hand over the ordered items. Currently, th...
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February 23, 2022
Korean telcos set sight on groundbreaking 5G network tech
...and collaborations for its virtual radio access network (vRAN) with partners such as Korea-based Samsung Electronics, as well as Nordic telcos Ericsson and Nokia. Its exhibit will be located in the Fi...Hwang Hyeon-sik will also attend the MWC 2022 venue to meet representatives of Amazo...
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February 23, 2022
Market volatility escalates on Ukraine worries
...There are concerns over potential agflation, a global food price rise, because Ukraine accounts for 12 percent of wheat and 16 percent of corn exports worldwide,” said You Seung-min, an analyst at Samsung Securities. The Ministry of Agriculture, Food and Rural Affairs has said that it...
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February 22, 2022
[KH Explains] Why is the auto industry still short on chips?
...ent compositions but in terms of market size. According to market evaluator Strategy Analytics, Samsung Electronics sold 272 million smartphones globally in the last year. But the world’s largest aut...lowering the price of a tiny chip by 1 cent for cost reduction. Could new players ...
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February 22, 2022
[Herald Interview] ‘Korea needs financial backup to become pharmaceutical powerhouse’
...estically-developed new drug came to light in 1999. Companies also licensed out technologies worth 13 trillion won ($10.9 billion) and exported drugs worth over 10 trillion won. Big firms such as Samsung Biologics, SK bioscience, and Celltrion are taking the lead in making the country’...
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February 22, 2022
Market volatility intensifies over Ukraine crisis
...re net sellers, offloading 64 billion won ($53 million) and 90 billion won, respectively. The selloff offset individual purchases amounting to 132 billion won. The three most valuable companies – Samsung Electronics, LG Energy Solution, and SK hynix – all saw their shares tumble. In...
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February 21, 2022
Samsung faces shareholder call for more radical green push
Despite a series of actions and pledges to make its business more environmentally sustainable, Samsung is still facing calls for a more aggressive approach to reducing greenhouse gases from global in...ker of smartphones, home appliances, and semiconductor chips. This came against the ba...
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February 21, 2022
Samsung No. 1 in global TV market for 16 years straight
Samsung Electronics has maintained its lead in the global TV market for 16 consecutive years by pursuing a premium strategy with its QLED TVs, the firm said. According to market tracker Omdia Sunday...he global TV market, commanding 29.5 percent by sales amount and 19.8 percent by market...
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February 18, 2022
Samsung woos wine lovers with new Bespoke refrigerators, IoT features
...n the fourth year of the Bespoke collection, which offers users a personalized package of home appliances for the kitchen, living room and laundry room. Bespoke lineups took up over 80 percent of Samsung’s home appliance sales in Korea in 2021, Lee Jae-seung, president and head of the...
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February 18, 2022
Samsung SDS joins AWS’ exclusive global network
South Korean IT solutions provider Samsung SDS said Thursday it has signed a new partnership with cloud giant Amazon Web Services to bolster bilateral ties and strengthen their corporate cloud business. Under the renewed partnership, Samsung SDS is also joining AWS’ “exclusiv...
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February 18, 2022
Lippert’s expertise to boost Samsung’s US strategy
Samsung Electronics America said Wednesday it has hired former US Ambassador to South Korea Mark Lippert as its public relations chief, in an apparent move to better respond to uncertainties surround... diplomat, and we are thrilled that he will be bringing his profound expertise and enth...
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February 17, 2022
Korean chip industry to invest W56.7tr this year: lobby group
...onductor Industry Association. The lobby group is currently helmed by Lee Jung-bae, president of Samsung Electronics and chief of its memory chip business. Of the total for this year, a 1.8 trillion .... The plan was unveiled during a closed-door meeting between industry representativ...
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February 17, 2022
Samsung Electronics labor union threatens to stage first-ever walkout
Labor unions of South Korean tech titan Samsung Electronics said they could go on strike for the first time in over 50 years, after their demands for a pay raise and special summer leave in a first-e... negotiation with Samsung’s management, with a walkout -- possibly with othe...
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February 16, 2022
Samsung unveils board reshuffle plan
As for outside board member nominees, incumbent Kim Han-jo is to extend his term, while Bahk Jae-wan and Curie Ahn will be replaced by Hallym University visiting professor and climate change expert Han Wha-jin and former GIC managing director Kim Jun-sung. The board reshuffle plan will require app...
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February 15, 2022
[Herald Interview] Volvo out to attract women to logistics while leading switch to electric trucks
...ce driving, then the owner can detach two battery packs from a total of six,” Park said, adding that such options allow drivers with economical and efficient driving. All Volvo electric trucks use Samsung SDI batteries. Exerting a maximum of 224.89 kilogram-meters of torque and up to ...