Samsung Electronics has recently renamed the project name of its upcoming foldable smartphone “Winner,” ditching the previous “Valley” that it has used since 2015, according to local news outlet The Bell on May 4. Citing unnamed industry sources, the report said Samsung has recently informed suppliers to start sup...
Samsung Electronics said on Feb. 19 it will live broadcast the MWC 2019 Barcelona’s official media channel using its 5G network to show off its cutting-edge technology. The Korean tech giant said it will work with the Global System for Mobile Communications Association, which hosts the world‘s largest mobile show slated for Feb. 25-28, formerly known as the Mobile World Congress.Samsung will air GSMA’s Mobile World Live TV on big screens throughout the Fira Gran Via venue and about 280 hotels in
Chipmaker SK hynix said on Feb. 19 that it has achieved “Zero Waste to Landfill” certifications, making it the first Korean company to secure this validation.The U.S.-based waste diversion certification company UL carries out a certification program every year, with three levels of recognition, depending on each company’s commitment to reducing industrial waste.Companies that achieve a waste diversion rate of 100 percent qualify for platinum level. Those with 98 percent or greater qualify for go
KT said on Feb. 19 it will showcase its multi-player virtual reality sports game during the upcoming Mobile World Congress in Barcelona. During the world’s largest mobile show, KT will unveil a VR baseball game that supports several players simultaneously and offers users an enjoyable immersive game experience via GiGA Live TV. GiGA Live is a wireless network-based media service that does not require separate terminals, such as a smartphone. Starting with the baseball game, the company said it w
Samsung Electronics said on Feb. 19 it will present its advanced built-in appliances at a US kitchen and bath trade show to target the premium home appliances market. The Korean electronics maker will join hands with Dacor, a luxury American home appliance brand, to showcase a suite of built-in appliances and Internet of Things solutions at the 2019 Kitchen & Bath Industry Show in Las Vegas from Feb. 19-21. Samsung acquired Dacor in 2016 to bolster its home appliance division. The firm exhibit i
Korea’s No. 1 mobile carrier SK Telecom said on Feb. 19 it will launch a virtual reality racing game for 5G smartphones in the first half of this year. SK Telecom said it has signed a licensing agreement with the nation‘s leading game developer, Nexon, to use three of its popular online games -- KartRider, Crazy Arcade and Bubble Fighter -- for development of its VR game. With support of the enhanced network, the new VR game will provide unprecedented immersion thanks to 5G smartphones’ ultra-hi
Electronic components maker LG Innotek said on Feb. 19 that it has started mass production of an advanced 3D sensing module that will be featured in high-end smartphones this year.The “time-of-flight” module measures distance and identifies an object in 3D based on the speed of infrared light traveling between the sensor and certain points of the object.It can be used in various applications, including those for user identification, gesture recognition, artificial intelligence and augmented real
Samsung Electronics announced on Feb. 17 that its cash reserves have surpassed 100 trillion won (US$88.80 billion). The Korean tech giant held cash reserves of 104 trillion won as of the end-2018, up 24.7 percent on-year.The increase was mainly due to profits generated by its semiconductor business, along with a decrease in facility investments by 14 trillion won last year. Some industry watchers expect Samsung to spend some of the cash on mergers and acquisitions, given that the company previou
Chances that North Korean leader Kim Jong-un would visit Samsung Electronics’ smartphone factory in Vietnam appear to be slim, according to sources close to the matter. “Not only does North Korea require permission from the South, nothing is being discussed in this regard,” said one industry watcher. A Samsung official confirmed with The Investor on Feb. 18 that the company also has not received requests from either North Korea or Vietnam. The Seoul government, however, remains mum on the issue.