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South Korean conglomerates are increasing their support for startups created and spun off by their own employees, the companies said on May 18. The move is part of an effort to strengthen the country’s startup ecosystem by encouraging creative business ideas and technological innovation, they said...
SUWON -- Around 400 Samsung Electronics shareholders gathered at a convention center in Suwon, Gyeonggi Province, to attend the annual meeting with reinforced sanitation efforts amid the coronavirus fears. “I hesitated to participate today because of the coronavirus spread, but had to come to ex...
Samsung Group’s compliance monitoring committee, led by former Justice Kim Ji-hyung, said Wednesday it has advised heir Lee Jae-yong and seven affiliates to issue a public apology for past wrongdoings concerning leadership succession plans. The committee has sent a letter setting forth its recomm...
Samsung Advanced Institute of Technology said on March 10 unveiled its study on longer-lasting all-solid-state battery technology for the first time in Nature Energy, one of the world’s leading scientific journals. All-solid-state batteries, utilizing solid electrolytes, support greater energy d...
PALO ALTO, California -- After the Galaxy S20 and Z Flip phones were unveiled in San Francisco on Tuesday, aspiring tech leaders studying and working in Palo Alto, the heart of Silicon Valley, flocked to a Samsung shop in the area. Samsung Experience Store in Stanford Shopping Center saw its visi...
Samsung Electronics posted a 52.84 percent on-year decline in operating profit in 2019 due to the sluggish memory and display panel markets, according to its earnings report released Thursday. However, prospects for the largest South Korean tech giant this year are bright going by its better-than...
South Korea’s largest conglomerate on Tuesday appointed new chief executives -- all in their 50s -- in an apparent move to tackle challenges in the fast digitalization of the capital market and diversify its business portfolio for sustainable growth. Samsung Group’s insurance unit, Samsung Life...
Samsung Electronics announced on Jan. 14 that it plans to acquire TeleWorld Solutions, a Virginia-based network service provider. TWS specializes in providing network designs, installations, testing and optimized solutions to mobile service and cable operators as well as original equipment manufac...
Samsung Electronics Co., the world‘s largest maker of smartphones, will unveil new smartphones in San Francisco on Feb. 11, the company said on Jan. 5. Samsung didn’t elaborate on details, but market watchers have speculated that new devices could include its next flagship smartphone and a fol...
Samsung Electronics said Dec. 18 it will mass-produce an artificial intelligence chip for Chinese web portal operator Baidu early next year. The South Korean tech firm will manufacture Kunlun, the Chinese internet firm’s first cloud-to-edge AI accelerator, which is to be built on Baidu’s XPU,...
Samsung Electronics was the third-largest vendor of wearable devices in the third quarter of the year, a market report showed Dec. 11, amid soaring global demand for wearables. The South Korean tech giant shipped 8.3 million units of wearable devices in the July-September period, more than doub...
Is Vietnam a good place for chipmakers to consider building a high-tech plant? In light of a request by the Vietnamese head of state to Samsung Electronics, the world’s largest chipmaker, many in South Korea are asking whether it is a viable business move. In a private meeting held in Seoul on D...
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...
Korean builders nervous about possible setbacks in Middle East
HD Hyundai chair receives honorary doctorate from HUFS
SC Bank Korea offers special interest rate for new members
Hyundai-Kia marks 40 years of partnerships with over 100 suppliers: report
Samsung expected to introduce new Exynos processor in next Galaxy series
Woori, KB ink QR code payment partnership with Cambodia