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Once a niche appliance, robot vacuum cleaners have become a test of whether Samsung Electronics and LG Electronics can regain ground in a fast-growing Korean market increasingly shaped by Chinese rivals. China's strength in the sector is reflected in trade data. Figures from the General Administration of Customs of China showed China exported 11.32 billion yuan ($1.67 billion) worth of robots in the first quarter. Cleaning robots, a category newly added to customs product codes this year, accoun
Samsung Electronics' Device eXperience division may receive an unexpected second-quarter boost after its Thank You Festival drove stronger-than-anticipated demand for appliances, TVs and mobile devices in Korea, industry sources said Sunday. The DX division encompasses Samsung's smartphones, TVs and home appliance businesses. Samsung initially allocated around 400 billion won ($262 million) worth of digital Onnuri gift certificates to the campaign, which ran from June 8 through Sunday, according
Anthropic is in talks with Samsung Electronics to produce advanced artificial intelligence chips using the Korean chipmaker’s next-generation foundry and packaging technologies, according to a report, in a potential boost to Samsung’s efforts to win more big tech customers. The Information reported Thursday that the US AI model developer is considering using Samsung’s 2-nanometer foundry process and advanced packaging facilities to manufacture its own high-end chips. The discussions are still at
Samsung is expected to lay out an investment plan on Monday that reaches well beyond the much-discussed chip cluster in the country's southwest, drawing in its display, battery, component and bio affiliates in what would be the largest commitment ever made by a Korean company, according to government and industry sources Sunday. The reach is as notable as the size. The plan is reported to span four regions: Honam in the southwest, Chungcheong in the central provinces, Yeongnam in the southeast a
Samsung Biologics’ labor union has voted to leave the Samsung Group-wide super-enterprise union and shift to an independent company-level structure, as prolonged wage talks with management remain stalled. The Samsung Biologics branch said Sunday that members approved the organizational change in a vote held from Wednesday. Of 4,005 eligible members, 2,479 voted, with 2,392, or 96.5 percent, in favor. The exit comes as the Samsung Biologics union has struggled to make progress in wage and collect
Samsung Group is reportedly drawing up a long-term investment plan worth as much as 1,000 trillion won ($646 billion), as Korea seeks to turn its semiconductor and AI ambitions into a broader regional growth strategy. The plan, according to a local media report Friday, was discussed during a dinner meeting between President Lee Jae Myung and Samsung Electronics Chairman Lee Jae-yong at Cheong Wa Dae on Thursday. It is said to cover semiconductors, artificial intelligence, next-generation batteri
Samsung Electronics said Wednesday it has partnered with German digital clinical research organization Alcedis to develop ways of turning health data collected by wearable devices into evidence that can be used in pharmaceutical clinical trials. The collaboration aims to address one of the biggest challenges in digital health: converting the vast amount of biometric data generated by wearables into clinically meaningful indicators that can help evaluate the safety and effectiveness of new drugs.
Samsung Electronics reviewed plans to expand high-bandwidth memory shipments and secure long-term supply agreements with major AI customers at its global strategy meeting last week, as tightening memory supply and soaring AI demand boost the strategic importance of HBM, industry sources said Sunday. Samsung's Device Solutions division, which oversees its semiconductor business, held its session Thursday under Vice Chairman Jun Young-hyun. According to the sources, executives discussed supply pla
Samsung Electronics used its twice-yearly strategy meetings this week to map out a turnaround for its consumer products business, betting on artificial intelligence and a retreat from low-margin markets to revive a division dwarfed by its booming chip operation. The meetings ran on Tuesday and Wednesday at Samsung's Suwon, Gyeonggi Province, campus under co-CEO Roh Tae-moon, who heads the Device eXperience division that includes the smartphone and TV business, working through the mobile, visual
Rainbow Robotics, the robot maker controlled by Samsung Electronics, has placed its mobile dual-arm robot RB-Y1 inside a Coupang fulfillment center, where the e-commerce company is running a trial to see whether the machine can handle warehouse work, according to a report Sunday by ETNews. The test checks how reliably the robot runs and how efficiently it sorts and moves goods, ETNews said, citing industry sources. A large order is expected to follow if the robot passes. None of the three compan
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