China’s largest telecommunications equipment company, Huawei, is reportedly planning to release a new 5G smartphone next month.On March 23, Chinese media, including Finance World, cited multiple sources to report that Huawei’s next-generation flagship smartphone, the P70 series, is expected to be re
Samsung Electronics is projected to relinquish its leading position in the global foldable phone market share to Chinese rival Huawei in the first half of this year.According to market research firm DSCC on March 14, the global shipment of foldable phones in the fourth quarter of last year totaled 4
For the fourth consecutive month, semiconductor exports have shown double-digit growth rates, leading the charge in exports. With increases in exports across various components such as displays and computer/peripheral devices, the Information and Communication Technology (ICT) sector as a whole is s
In January, Korean display companies received a shocking report card. According to market research firm DSCC, Samsung Display, which held 36% of the market share in the foldable market and was considered the future of the industry, lost its first-place position to China’s BOE, which captured 42% in
The Ministry of SMEs and Startups announced it will hold the K-Business Day in the Middle East 2024 export consultation session on Feb. 27 in Riyadh, Saudi Arabia, and on Feb. 29 in Dubai, the UAE, in collaboration with the Korea Federation of Small and Medium Enterprises. This initiative aims to su
Consumers of Samsung Electronics’ Galaxy S22 series have filed a compensation lawsuit claiming that the Game Optimizing Service (GOS) installed in the product series degraded device performance. Samsung Electronics countered, stating, “There is a significant difference from the incident related to p
In South Korea, Apple has recorded its highest-ever market share. According to market research firm Counterpoint Research, last year, Apple exceeded a 25% market share in the domestic smartphone market for the first time, having increased its market share by 1 percentage point annually since 2020 an
During the Lunar New Year holiday, Lee Jae-yong, chairman of Samsung Electronics, visited the Samsung SDI battery manufacturing facility in Malaysia, emphasizing the need for bold investments despite challenges. On Feb. 12, Samsung Electronics reported that Chairman Lee, having arrived in Malaysia o
Apple is accelerating the development of a “foldable iPhone,” entering the foldable phone market pioneered by Samsung Electronics with its Galaxy Fold five years ago.The Information, a specialist IT media outlet, reported on Feb. 7 (local time) that Apple is developing prototypes of a clamshell-shap
Xiaomi and Huawei, major Chinese smartphone manufacturers, are set to launch a series of new premium phone models, intensifying competition for Samsung Electronics, which is already contending with Apple’s iPhone. The Xiaomi 14 series will be globally released this month, featuring the Qualcomm Snap
Samsung smartphones, once leading the market in the United States, have seen a significant drop in market share, facing a crisis as Galaxy sales plummet in one of the world’s largest markets.According to market research firm Counterpoint Research on Feb. 6, Samsung Electronics’ market share in the U
Samsung Display has relinquished its leading position in the foldable Organic Light-Emitting Diode (OLED) market to Chinese display manufacturer BOE in the last quarter of the previous year.According to the market research firm Display Supply Chain Consultants (DSCC) on Jan. 30, Samsung Display’s ma
Samsung Electronics is set to launch its new Galaxy S24 series in China, featuring “Erniebot,” an artificial intelligence (AI) chatbot developed by Baidu as a response to OpenAI’s ChatGPT.According to foreign media reports on Jan. 29 (local time), Baidu announced that Samsung Electronics will utiliz
In 2023, Chinese smartphone manufacturers continued to expand their adoption of OLED technology, increasingly sourcing their required volumes from domestic display panel companies. This shift has led to Chinese display manufacturers breaking through a 40 percent market share.According to market rese
Samsung Electronics is set to revolutionize the Chinese smartphone market with its upcoming artificial intelligence (AI) phone, the Galaxy S24 series, featuring Baidu's generative AI. This strategy, aimed at enhancing AI service quality through collaboration with various AI partners and capturing th
At the beginning of this year, the Consumer Electronics Show (CES) 2024, the world’s largest consumer electronics and IT exhibition, brought into focus the trend of “on-device AI,” or artificial intelligence operating within the device. The emergence of devices equipped with this technology is injec
Artificial Intelligence (AI) stands at the forefront of the technology supremacy battle between the U.S. and China this year.On Jan. 26, U.S. Commerce Secretary Gina Raimondo stated in an interview with Reuters that regulations mandating U.S. cloud companies to report foreign customer information fo
SK telecom anticipates further advancement in artificial intelligence (AI) technology this year, with plans to enhance its AI personal assistant “A.” and secure allies in the global market for tangible results.On Jan. 25, Yoo Young-sang, CEO of SK Telecom, discussed the company’s AI strategy with th
Samsung Electronics has incorporated its next-generation mobile application processor (AP), the Exynos 2400, into the latest premium smartphone, the Galaxy S24 series.On Jan. 17, Samsung Electronics hosted Galaxy Unpacked 2024 at the SAP Center in San Jose, California, in the U.S., where they unveil
Apple has overtaken Samsung Electronics in global smartphone shipments. While Samsung Electronics had previously led in shipments with its mid-range Galaxy A series, the increasing preference for premium smartphones last year led to Apple surpassing Samsung. This marks the first time Samsung has los