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Trial proceedings for Samsung Electronics’ de facto leader Lee Jae-yong and other top executives started Oct. 25, after the Supreme Court in August overturned an appeals court’s decision to hand the Samsung heir a suspended jail term. “I deeply apologize for causing such concern,” Lee told rep...
Samsung Display will likely supply up to 50 million units of OLED display panels for Apple in the second half this year, thanks to the positive market response for the latest iPhone lineup, according to news reports on Oct. 22. Citing industry sources, local news outlet Money Today reported on the...
South Korean tech giant Samsung Electronics has maintained its lead in the display driver integrated circuit market in the first half this year, according to news reports on Oct. 21. A DDIC is a semiconductor used to operate displays for smartphones, tablet PCs and TVs. Samsung has kept the crown ...
South Korean display manufacturer Samsung Display has increased the production volume of foldable smartphone displays as Galaxy Fold has gained higher-than-expected popularity, according to news reports on Oct. 15. After producing 40,000 foldable panels in August, the display maker had initially p...
Battery maker Samsung SDI said Oct. 14 that it will adopt a new fire control solution for its new and existing energy storage systems. The safety measure involves using chemicals and materials that can prevent flames from spreading from one battery cell to another. “Samsung SDI will make all-out...
The third batch of Samsung Galaxy Fold smartphones were set to be released in the Korean market Monday, drawing attention to the total volume of available units. Samsung was to begin taking orders for the foldable gadget on its homepage as well as some e-commerce platforms like 11st, eBay and Cou...
Samsung Display said on Oct. 10 it plans to invest 13.1 trillion won ($10.9 billion) to roll out quantum dot OLED displays in a bid to gain an upper hand in the global market. The display maker, fully owned by tech giant Samsung Electronics, has been producing LCD panels for TVs and OLEDs for mobi...
Samsung Electronics estimated on Oct. 8 that its operating profit will likely stand at 7.7 trillion won($6.4billion) in the July-September period, down 56.2 percent on-year. The operating income beat previous analyst estimates of around 7 trillion won. Its quarterly sales will likely come in at 62...
Samsung Electronics Vice Chairman Lee Jae-yong reportedly plans to meet a group of top executives from Japanese electronic parts vendors in Seoul on Oct. 4. The group, which was formed in 1993 by Lee’s ailing father, Samsung Chairman Lee Kun-hee, is called “Lee Kun-hee and his Japanese Friends,”...
Samsung Electronics has been relentlessly seeking breakthrough technologies beyond smartphones and semiconductors. In its latest effort to seek new technologies, its investment arm Samsung NEXT has invested in US startup Aliro Technologies. The startup is a spinoff of Havard’s Quantum Informatio...
The International Committee for Display Metrology, an independent organization that establishes display standards, has refused to intervene in the ongoing 8K spat between South Korean tech giants Samsung Electronics and LG Electronics, according to news reports Sept. 30. “We do not intervene in a...
Samsung Electronics on Sept. 29 struck back at LG Electronics, saying its reference to quantum-dot light-emitting diodes for TV commercials had already been approved in major overseas markets. “It is regretful that the QLED reference is belatedly becoming an issue in Korea, when it had been clear...
Local analysts are highly optimistic about Samsung Electronics’ Galaxy Note 10 with some forecasting the company’s latest flagship smartphone will surpass its predecessors in sales. Releasing a report on the smartphone on Sept. 25, Lee Chang-min, an analyst from brokerage firm KB Securities said...
Samsung Display will reportedly announce a new investment plan next week to build manufacturing lines for quantum dot OLED (QD-OLED) displays. The amount will likely reach 13.2 trillion won ($11 billion) -- the largest in the display industry, according to sources Tuesday. A QD-OLED display is mad...
Samsung Electronics said on Sept. 23 that it has sold 5.4 million units of QLED TVs since 2017, claiming that consumers have chosen its high-end TV lineup over other products of rivals thanks to its technical superiority. “The surface of the all our QLED TVs sold in the first half this year reac...
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