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Samsung Electronics has agreed to supply central processing units for computers to Intel to help address the US chipmaker’s supply issues, industry sources said Nov. 28. Intel has been struggling to meet demand for 14-nanometer chips for PCs since late 2018 and recently issued an apology to it...
South Korean tech giant Samsung Electronics will relinquish its top semiconductor supplier rank to US chipmaker Intel this year due to the weak memory chip market, an industry report showed Nov. 19. The top-15 semiconductor companies’ sales are forecast to drop by 15 percent this year to $314....
Tech giant Samsung Electronics saw its share of the Japanese smartphone market increase in the third quarter, according to market research firm Strategy Analytics on Nov. 15. The South Korean smartphone maker shipped some 500,000 smartphones during the July-September period in Japan. The figure ac...
IT solutions developer Samsung SDS hosted Techtonic 2019, a developer conference for artificial intelligence, blockchain and cloud computing in Seoul on Nov. 14. The annual conference which was launched last year is aimed at sharing the firm’s cutting-edge technologies with developers, academia a...
Tech giant Samsung Electronics said on Nov. 8 its consumer electronics division CEO Kim Hyun-seok will deliver a keynote speech at the CES electronics trade show in January. He will take the stage at the Palazzo Hotel in Las Vegas on Jan. 6, prior to the official opening of the five-day trade show ...
Samsung Electronics’ investment in its semiconductor manufacturing over a three-year period is expected to be far higher than its American and Taiwanese rivals, an industry report showed Nov. 7. The South Korean memory chip giant’s combined capital expenditure from 2017 to 2019 for its semico...
Samsung Electronics plans to increase the production of foldable smartphones next year following the positive market response for Galaxy Fold, according to a top executive. “We will significantly increase the sales of foldable smartphones next year,” Koh Dong-jin Koh, CEO of the mobile business ...
Samsung Electronics unveiled its Galaxy Fold at an industry fair in China on Nov. 6, ahead of its official launch later this week. The Korean tech giant displayed three foldable devices at China International Import Expo held in Shanghai as it is taking preorders for Galaxy Fold from Chinese co...
Samsung Electronics said Nov. 5 it will bolster efforts to develop advanced 5G mobile network and artificial intelligence technologies to drive innovation in its business. The world’s largest memory chip and smartphone maker has expanded investment in 5G and AI to enhance competitiveness of it...
Tech giant Samsung Electronics kicked off its third annual artificial intelligence forum on Nov. 4 in Seoul, where local and global artificial intelligence experts have gathered to share their research projects and discuss future advancements in the technology. At this year’s event, presentations...
South Korea’s Samsung SDI has become the first Lithium-ion battery manufacturer to meet the safety standard for fire prevention test developed by a US certification firm, the batterymaker said on Nov. 3. According to the company, Samsung SDI last month fulfilled the rack-level safety standard of ...
Korean tech titan Samsung Electronics saw its operating profit in the July-September period more than halve on-year, according to its earnings report released Oct. 31. The tech giant said it earned 7.8 trillion won ($6.7 billion) in operating profit, down from 17.6 trillion won a year earlier. Its ...
Korean tech giant Samsung Electronics wowed spectators at its annual developer conference, SDC2019, held on Oct. 29 in San Jose, California, with a rendering image of what could be the firm’s next foldable smartphone. Taking the stage at the conference, Jeong Hye-soon, head of the firm’s framewo...
South Korea’s top conglomerate Samsung Group said Oct. 30 it will join a massive entertainment city development project in Saudi Arabia, with its affiliates taking part in various areas from construction to electronics. Under an agreement with Qiddiya Investment Company, Samsung will collabora...
Samsung SDI said Oct. 29 its third-quarter net profit increased slightly due to gains from equity ties with its affiliates. Net profit for the July-September period stood at 217.3 billion won ($186 million), compared with 214 billion won from a year earlier, the company said in a regulatory fil...
Korean Air to submit new merger plan to ease antitrust concerns
Samsung chief explores new growth drivers in Middle East
Household debt to GDP at highest level
Hyundai Ioniq 7 may start production in July next year
The Korea Herald to hold space forum on Oct. 11
Whisky imports surge 40% through August, suggesting record-breaking year
Chuseok food cost hits all-time high
Inflation driving up costs to eat out