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The Korea Herald

Samsung

June 04, 2019
Samsung spurs R&D efforts for 6G mobile network

Samsung Electronics has opened a new research center for the development of core technologies for 6G mobile networks, joining the global race for the still nascent technology, a company official said on June 4. Samsung Research, the firm’s integrated R&D organization, has conducted extensive r...
May 29, 2019
Huawei’s troubles will be major windfall for Samsung: analysts

The US-China trade war is driving a wedge between private businesses on both sides, according to industry watchers. Huawei Technologies, in particular, has recently been hit hard as Google -- which has a lion’s share of the global mobile operating sector -- has decided to sever ties with it, a de...
May 14, 2019
Samsung Pay hits W40tr in accumulated transactions in S. Korea

Samsung Electronics said on May 14 that its mobile payment service has hit 40 trillion won ($33.7 billion) in accumulated transaction volume in South Korea. Samsung Pay, launched in August 2015, had 2 trillion won worth of transactions in its first year, and surpassed the 40-trillion mark as of...
May 13, 2019
Samsung has ample cash reserves despite Q1 slump

Samsung Electronics’ cash reserves still remained high despite a slump in its business in the first quarter of the year, its financial report showed on May 13, leaving room for more investment and shareholder-friendly policies. The company’s liquidity ratio stood at 263 percent as of March, u...
May 09, 2019
Samsung unveils world’s highest-resolution image sensor

Samsung Electronics on May 9 introduced the world’s highest-resolution image sensor, with 64 megapixels for smartphones, to meet the growing demand for mobile devices with better image quality. The tech giant unveiled two new 0.8-micrometer pixel image sensors -- 64 mp Isocell Bright GW1 and 4...
May 08, 2019
Samsung SDS to expand partnerships for ‘intelligent factory’

Samsung SDS said May 8 it will expand partnerships with major manufacturers to apply its latest IT platform to improve efficiency and safety in their factories. The IT service unit under Samsung Electronics said it will utilize new technologies, such as artificial intelligence, big data, cloud ...
May 07, 2019
Samsung Galaxy Fold not yet ready for shipping

Samsung Electronics said on May 7 that it is still fixing some of the issues on its Galaxy Fold, signaling that the product’s launch may come at a later than expected date. The South Korean tech giant had initially planned to launch the $1,980 foldable device in the United States on April 22, ...
May 05, 2019
Samsung takes up 1 pct of Chinese smartphone market in Q1: Strategy Analytics

Samsung Electronics took up 1.1 percent of China's smartphone market in the first quarter of 2019, data showed on May 5, recovering its 1 percent level in a year. According to the data compiled by industry tracker Strategy Analytics, Samsung Electronics sold 1 million smartphones in China over th...
May 02, 2019
Samsung expands AI lab in Canada

Samsung Electronics said on May 2 it has moved its artificial intelligence lab in Canada to a prestigious institute to bolster efforts to develop advanced technologies applicable to system semiconductors. The Samsung Advanced Institute of Technology AI Lab, which first opened at the University ...
May 02, 2019
Samsung tipped to recover from Q3

Samsung Electronics is expected to bounce back from its first-quarter earnings shock by June thanks to a recovery in chip demand, analysts said on May 2. Its net profit nose-dived 57 percent on-year to 5.04 trillion won ($4.3 billion) in the January-March period, the lowest since the third quar...
May 01, 2019
Samsung Notebook Pen S gets highest rating by Consumer Reports

Samsung Electronics’ Notebook Pen S received the highest rating of any 15-16-inch laptop computer evaluated by Consumer Reports, industry sources said on May 1. The findings by the US magazine, which publishes authoritative monthly reviews and comparisons of consumer products and services, sai...
May 01, 2019
Samsung tops global smartphone market in Q1

Samsung Electronics remained the world’s top smartphone producer in the first quarter in terms of shipments, but its smaller Chinese rival Huawei Technologies narrowed its gap with the South Korean tech giant, an industry report showed on May 1. According to the report by the industry tracker ...
April 30, 2019
Samsung SDI’s operating profit rises 65% in Q1

Samsung SDI said on April 30 its first-quarter operating profit jumped 65 percent from a year ago on the back of lithium-ion batteries for electric vehicles, but sluggish domestic demand for its energy storage system moderated its revenue. The battery-making unit of Samsung Electronics said its...
April 30, 2019
Samsung expects better second half after delivering weak Q1 results

Samsung Electronics suffered a 60 percent fall in its first-quarter earnings on weak memory chip prices but expected demand to rebound in the second half of the year on the back of high-value products and mobile devices. The South Korean tech giant posted a net profit of 5.04 trillion won ($4.3...
April 29, 2019
Samsung to launch vertical QLED TV next month

Samsung Electronics said on April 29 it will launch a QLED television in vertical display next month to target tech-savvy youngsters with innovative viewing experiences. The South Korean tech giant said the 43-inch premium television was designed to appeal to those who are familiar with vertica...

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