Samsung Group is continuing to invest in next-generation car battery and software companies to drive its future growth.According to foreign media reports, including Bloomberg, Solid Power Inc. has attracted an investment worth US$20 million (22.6 billion won) from Samsung Venture Investment Corp., H
Hyundai Motor secured a bridgehead into the US considered the biggest future car market while investing in Migo, a car sharing information provider in the US. The investment in Migo is the sixth investment deal related to the sharing economy since launching a car sharing service using the Ioniq Elec
Harman acquired by Samsung Electronics will develop a next-generation AI speaker with Google to launch it next year. Google, a global artificial intelligence giant, will expand its cooperation with Harman, a subsidiary of Samsung Electronics, before the widespread use of Samsung's artificial int
Samsung Electronics' smartphone shipments are projected to fall short of 300 million units this year for the first time since 2013.According to market research firm Strategy Analytics (SA) on September 9, Samsung's smartphone shipments were expected to reach 298.5 million units this year. Th
More than half of the memory semiconductors China imported last year were supplied from South Korea. Despite the Chinese government’s efforts to nurture its semiconductor industry, large imports from South Korea are likely to continue for a while in view of both countries’ technical gap.Last year, C
In the second quarter of this year, Apple solidified its lead in the global smart watch market with a 41% share. Samsung Electronics’ market share plunged by 43% year on year to place sixth.According to Counterpoint Research, a global market research company, sales of global smart watches swelled 37
Balance Hero, the operator of True Balance, India’s leading balance and data management app, has unveiled a new gift card. Gift cards are a fast and secure recharge option for users.The True Balance Gift Card represents Balance Hero’s efforts to realize its vision of “finance for billions.” When use
The Korean e-commerce market is transforming into a battleground for global ICT companies as the market's focus is moving from online shopping to mobile and AI shopping.Global ICT giants such as Google, Amazon, and Instagram are making a foray into the Korean ecommerce market. Korean companies i
Ko Dong-jin, head of Samsung Electronics' Information and Mobile (IM) Division, said on Sept. 3 that the launch of a foldable smartphone was imminent. "We have almost completed the development of a foldable phone," Ko said in an interview with CNBC. “It is the right time to launch a foldable pho
Xiaomi, a Chinese smartphone producer that is closely trailing Samsung Electronics in India with low-priced phones, is set to collide with its Korean rival on another front -- mobile payment service.The Indian Express said on September 2 (local time) that Xiaomi would launch "Mi-Pay" in India. Mi-Pa
The amount of smartphones LG U+ Corp. purchases from LG Electronics Inc. has been cut by half over the past four years. LG U+ has shown a notable movement away from LG Electronics as a result of its profit maximization strategy and the poor performance of LG Electronics in the smartphone business. A
Samsung Electronics' global smartphone market share is forecast to fall to the 10% level in the third quarter of this year.According to TrendForce, a global market research company, on August 30, Samsung Electronics' smartphone production volume in the third quarter was projected to reach 70
As the South Korean stock market shows a greater variability this year in the aftermath of the United States raising interest rates and the trade war between the U,S, and China, there has been keen competition to take the top spots in market capitalization.According to data from local market tracker
U.S. President Donald Trump said on August 7, during his dinner with the CEOs of 13 companies such as Boeing, that Chinese students in the United States, who constitute the largest group of foreign students in the U.S., are like spies with few exceptions. Earlier, in March this year, he blocked Sing
Samsung Electronics will expand its sales in the budget smartphone market by rolling out various mid- to low-end smartphones in India and Europe in the second half of the year.According to the smartphone industry on August 26, Samsung Electronics plans to launch mid- to low-priced models, the Galaxy
With the first commercial 5G service in South Korea scheduled for March next year, multiple companies such as smartphone manufacturers, parts suppliers and telecom service providers are competing in advertising their products and services as the “world’s first."For example, Samsung Electronics used
Pearl Abyss, a game company that hit the jackpot with the smartphone game, “Black Desert Mobile,” launched an investment company called Pearl Abyss Capital in June this year. Kim Kyung-yeop, who has been in charge of investment assessment at venture capital companies including Stone Bridge Capital a
Amid growing concerns over the peaking of the semiconductor super cycle, the share price of Samsung Electronics Co. continues to fall. The prospect that the company is on track to post the highest performance ever in the third quarter of this year seems to have no effect on its share price. Market e
Three smartphone models of Samsung Electronics and LG Electronics were among the top six smartphones with the longest battery life, according to Consumer Reports (CR), a US leading consumer media outlet. The Samsung Galaxy Note 9 which did not hit tbe shelves yet was not included in CR’s evaluation.
The commercialization of foldable smartphones is being accelerated. The size of a foldable display is cut in half when it is folded once and in a third when it is folded twice. If foldable displays are used for smartphones, they will make big-screen smartphones easier to carry. Thus, foldable displa