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February 14, 2023
Corporate relief support for quake-hit Turkey, Syria
... support disaster relief efforts after a devastating 7.8 magnitude earthquake on Feb. 6 that has so far left more than 33,000 people dead, and several thousands injured and in critical condition. Samsung Memory chip and smartphone maker Samsung Electronics has pled...
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February 14, 2023
Samsung vows to replace all plastics in Galaxy phones with recycled materials by 2050
Samsung Electronics, the largest smartphone maker in the world by shipment, vowed Monday to replace all plastics used in its Galaxy smartphones to recycled materials by 2050, highlighting its latest Galaxy S series, which has been made with the highest number of recyclables to d...
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February 14, 2023
[NPS in Action] ‘Paper tiger’ NPS rebrands self as vocal shareholder, but motives murky
...pressure NPS committee members to make a decision to vote for the merger of Cheil Industries and Samsung C&T -- two key affiliates of South Korea's top conglomerate, Samsung Group in 2015. “Under the...t held much sway as a shareholder. In March last year, NPS, which owns a...
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February 10, 2023
Samsung, LG shift away from China toward India as production base
...ir production operations away from China to India to lessen the damage from the lingering uncertainties surrounding the US-China rivalry and to tap further into the world's fifth-largest economy. Samsung Electronics, the world’s largest smartphone maker in terms of shipments...
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February 09, 2023
[KH Explains] Why Samsung won't call production cut ‘a cut’
...e the global chip industry is struggling to make ends meet amid sluggish demand and price falls, Samsung Electronics, the world’s largest memory chipmaker, said it will keep spending at a similar leve...n of the current situation. Samsung is looking further ahead at...
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February 07, 2023
[Herald Interview] 'Premium laptops essential to complete Galaxy ecosystem'
SAN FRANCISCO -- Samsung Electronics is hoping to expand its presence in the global laptop market where it remains a tiny player, as people are replacing their laptops more frequently after pandemic disruptions. “The replacement cycle of laptops is getting shorter from the pre...
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February 07, 2023
[Herald Interview] 'Premium laptops essential to complete Galaxy ecosystem'
SAN FRANCISCO -- Samsung Electronics is hoping to expand its presence in the global laptop market where it remains a tiny player, as people are replacing their laptops more frequently after pandemic disruptions. “The replacement cycle of laptops is getting shorter from the pre...
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February 06, 2023
[Herald Interview] Samsung bets big on cameras to fight Apple
SAN FRANCISCO -- Samsung Electronics unveiled the new Galaxy S23 smartphones, the latest lineup of its flagship S series, on Wednesday, putting much emphasis on enhanced camera functions -- a secret weapon to fight against its archrival, Apple. “We’ve enhanced our camera syst...
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February 03, 2023
Samsung bolsters ties with Qualcomm, Google to deter Apple
Samsung Electronics, the world’s largest smartphone maker by shipments, is bolstering ties with global tech giants Qualcomm and Google to build the next-generation extended reality ecosystem, as its archrival Apple, which tops in revenue, is expected to launch a mixed reality h...
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February 02, 2023
S. Korea logs highest monthly trade deficit amid sluggish chip demand
...ped dramatically to $3.61 billion and has not bounced back since, recording $3.24 billion in November and $3.23 billion in December. Moreover, two of South Korea's leading semiconductor makers -- Samsung Electronics and SK hynix -- saw earnings shocks in the fourth quarter of...
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February 01, 2023
Samsung defies chip price slump, vows to continue investment
Despite witnessing a sharp drop in chip profits, Samsung Electronics said it will not scale back its output and spending in 2023, bucking the trend of cost-cutting among its global rivals. "The deteriorated business environment is not so favorable for our performance for now, b...
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January 31, 2023
Samsung SDI hits W20tr in sales for first time
Samsung SDI said Monday it posted record-high earnings in both sales revenue and operating profit last year, largely driven by the surge in sales of value-added battery products. Revenue skyrocketed...attery Gen 5 (P5) in the electric vehicle battery market,” said Kim Jong-sung, vice pr...
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January 31, 2023
[Newsmaker] Why is Samsung starting a legal fight against smartphone repair shops in US?
Samsung Display has recently filed a complaint against 17 smartphone repair shops in the US over their use of “illegal” panels that it says infringed its highly sophisticated OLED patents, according to industry sources Monday. The display-making unit of Samsung Electroni...
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January 31, 2023
[NPS in Action] Korea's pension fund, under pressure, hunts for gains in foreign stocks
...e PlayerUnknown's Battlegrounds, rolled out its new work, the Callisto Protocol, in December, but posted disappointing results afterward. The fund owns 7.68 percent of shares in Korean tech giant Samsung Electronics and 8.17 percent of shares in memory chip manufacturer SK hy...
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January 30, 2023
Samsung hires ex-Ericsson execs to boost network business
South Korean tech giant Samsung Electronics has hired two experts from Swedish telco Ericsson to reinforce its network business. According to industry sources on Sunday, Samsung recently established a task force under its network business division to oversee a new bus...
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January 27, 2023
Samsung’s crisis management system wins ISO certification
Samsung Electronics said Thursday that it has won the ISO 22301 certification, a global recognition for crisis preparedness at its chip-manufacturing complex in Hwaseong, Gyeonggi Province. The ISO certification, awarded by the British Standards Institution, is the internationa...
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January 25, 2023
Will Samsung, Hyundai clash over robots?
South Korea’s two major conglomerates, Samsung and Hyundai, have long been keeping their distance as they avoid competing head-on in their core businesses. But the decades-old unspoken rule may be en...gence,” said Han Jae-kwon, a robotics engineering professor at Hanyang University Eri...
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January 19, 2023
[KH Explains] How soon will microLED replace OLED?
...ng diode, or microLED, has become a buzzword in tech, as Apple -- the world’s largest consumer electronics company by revenue -- is reportedly working to use the sophisticated display technology in up...reducing the use of organic light-emitting diode displays, whose key suppliers are ...
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January 18, 2023
Korea, UAE ink $6.1b in business deals
...economic cooperation. Top governmental figures including South Korea's Finance Minister Choo Kyung-ho and Industry Minister Lee Chang-yang attended the event, along with business leaders including Samsung Electronics Executive Chairman Lee Jae-yong, SK Group Chairman Chey Tae-...
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January 18, 2023
Samsung unveils new high-end image sensor for smartphones
Samsung Electronics unveiled Tuesday its latest 200-megapixel image sensor, the Isocell HP2, with significantly improved resolution and upgraded picture quality for premium smartphones. The new image sensor packs 200 million 0.6-micrometer pixels in a 1/1.3-inch optical format,...