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National Assembly Speaker Moon Hee-sang took time on Sept. 21 (local time) to inspect the Samsung SDI factory located near Budapest, the company said on Sept. 22. In a meeting with executives and employees of the battery maker, Moon remarked that Samsung represents South Korea in the global market...
Memory chip prices steady now signaling demand recovery, but Japan export curbs remain a risk factor The semiconductor firms in South Korea are holding their breath at the current market conditions, cautiously judging that they may have avoided the worst. “Starting with NAND, memory chip prices ...
Samsung Electronics has announced the lineup of keynote speakers for Samsung Developer Conference 2019, scheduled for Oct. 20-29 in San Jose, California. Last year, Samsung gave the world a glimpse of what its foldable smartphone would look like. This year, the company plans to walk through the p...
Samsung Electronics is expected to strengthen its leading spot in the global DRAM market in the third quarter despite generally weak chip demand, an industry report showed Sept. 19. The South Korean tech giant’s share in the DRAM market was expected to reach 47 percent in the July-September pe...
Samsung Electronics’ new-age foldable smartphone seems to be successful as its initial preorders have sold out quickly in South Korea. The second round of preorders for the unlocked Fold, which started on the firm’s official website at midnight on Sept. 18, ended in 15 minutes. The exact number ...
Samsung Electronics Vice Chairman Lee Jae-yong has met with Crown Prince Mohammed bin Salman of Saudi Arabia during his visit to the Middle Eastern nation to discuss business opportunities, according to local news reports Sept. 18. The two held a meeting during Lee’s visit to Saudi Arabia to c...
Lee Jae-yong, vice chairman and heir apparent of Samsung Electronics, on Saturday flew to Saudi Arabia to check on Samsung C&T’s infrastructure project in the Middle Eastern country’s capital Riyadh, according to the company on Sept. 15. The de facto leader of South Korea’s biggest conglomerate...
Samsung Group’s venture capital arm Samsung Venture Investment announced on Sept. 10 that it has funded US-based startup iBeam Materials. Spun off from Los Alamos National Laboratory in 2011, iBeam is a business-to-business startup and is known for developing ion-beam crystal alignment of thin la...
Samsung Electronics along with 15 other partners have specified global standards to define the key performance attributes of 8K televisions with an aim to expand the ecosystem, the South Korean tech giant said Sunday. The 8K Association, a global nonprofit organization of TV and panel manufacture...
Global smartphone giants, including Samsung Electronics and Apple, are gearing up for a new round of competition with the upcoming releases of their flagship smartphones in the latter half of the year. Apple has just thrown down the gauntlet by sending out invitations for its annual iPhone event...
South Korea’s Supreme Court on Aug. 29 ordered a lower court to review its previous decision to hand down a suspended jail sentence to Samsung Electronics Vice Chairman Lee Jae-yong. The rejection of the lower court’s ruling could deal a blow to Samsung as the tech giant could again suffer fro...
Tech giant Samsung Electronics will reportedly release the long-awaited Galaxy Fold on Sept. 6 in South Korea, according to news reports on Aug. 29. The foldable smartphone was supposed to hit stores on April 26 in Korea and the US, but the launch has been postponed due to technical glitches in ...
South Korean tech giant Samsung Electronics has been slapped with a fine by the Russian antitrust body for violating the nation’s fair trade law. Russia’s Federal Antimonopoly Services has fined Samsung’s local subsidiary Samsung Electronics Rus Co. 2.5 million rubles ($37,625) for price-fixing...
South Korean tech giant Samsung Electronics saw its Japanese market share hit a six-year high in the April-July period thanks to the popularity of the Galaxy S10 lineup, according to market research firm Strategy Analytics. The S10 lineup comes in three variants, S10, S10 Plus and S10e, and was ...
Samsung Electronics said on Aug. 22 that its latest flagship Galaxy Note 10 will hit the shelves in 70 countries, including the US, Canada, France and Russia on Aug. 23. During the preorder sales period from Aug. 9 to 18 in South Korea, around 1.3 million customers are estimated to have preordered...
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