As Lotte Group has completed sales of its financial affiliates, attention is focusing on how Samsung Group will handle its financial affiliates.The group’s governance structure can be changed if Samsung C&T Corp. sells off the Samsung Electronics Co. shares owned by its financial affiliates. Accordi
Market research firm DRAMeXchange reported on Aug. 30 that the average price of 8 Gb DDR4 DRAM chips, which are used mainly in PCs, was US$2.94 that day, showing no change from the previous month. The price slightly rose in December last year and fell for seven months in a row from January to July t
SK Innovation is planning to file countersuits against LG Chem and LG Chem Michigan with the United States International Trade Commission (USITC) and the United States District Court for the District of Delaware and file a countersuit against LG Electronics with the United States District Court for
Chinese smartphone maker OnePlus will load QLED panels onto TVs to be released in India in September. As the proportion of low-priced products increases in the QLED TV market, the premium image of QLED TVs which Samsung Electronics has promoted might weaken, market watchers say.OnePlus recently twee
Samsung Electronics launched its premium tablet Galaxy Tab S6 on Aug. 29.The latest tablet from Samsung comes in LTE and Wi-Fi models and three colors -- mountain gray, rose blush and cloud blue. The LTE 128 GB and 256 GB models retail at 898,700 won and 999,900 won, respectively, while the Wi-Fi 12
As South Korea’s top Court ruled on Aug. 29 that Samsung Electronics vice chairman Lee Jae-yong gave a bribe to a friend of former President Park Geun-hye to secure managerial control of Samsung Group, the possibility of the Samsung Group heir being imprisoned got much higher. This pushes Samsung Bi
Samsung Electronics is considering receiving preorders for the foldable phone Galaxy Fold beginning on Sept. 6 in the United States and Korea at the same time. It is in five months since the postponement of its launch in April.Samsung Electronics and Korea’s three mobile carriers will release the Ga
The Korea Venture Business Association (KOVA) is planning again to organize a council for cooperation between venture firms and major business groups. According to the association, now is the best time to set up the council in that social demands for technological independence are on the rise with r
The Federation of Korean Industries (FKI) said on Aug. 29 that the Supreme Court ruling regarding Samsung Electronics vice chairman Lee Jae-yong is likely to add uncertainties to the South Korean economy already going through a lot of difficulties due to the ongoing trade war between the United Stat
The full bench of the Supreme Court of South Korea reversed and remanded the case of Samsung Electronics vice chairman Lee Jae-yong on Aug. 29 and said that the appellate court ruling, 30 months in prison and four years of probation, was wrong. Earlier, the appellate court ruled that neither 3,417.9
The Galaxy Note 10, which was recently launched by Samsung Electronics, has secret weapons -- video editing and gaming functions. Using the S Pen, a user can put a message on a video shot by himself. The Galaxy Note 10 also supports game streaming and creator-level video recording functions.Samsung
SK Telecom announced on Aug. 28 that it has succeeded in 5G data transmission and live broadcasting from a racing car running at up to 213 kilometers per hour. The company used the 28 GHz ultra-high frequency band in the demonstration, which was jointly carried out with Samsung Electronics.The two c
Renault Samsung Motors will continue to produce Nissan's sports utility vehicle (SUV) Rogue at least until March next year.Originally, the automaker was scheduled to put an end to the manufacturing contract with Nissan at the end of this year.The extension of the contract with Nissan has eased c
Although NAND flash prices have rebounded since the start of the second half, the upward momentum is unlikely to continue due to a sluggish demand recovery, industry experts say. In addition, concern is raised over a supply glut next year due to massive investments by NAND flash makers such as Samsu
Samsung Display will supply organic light emitting diode (OLED) panels for Huawei's premium strategic smartphones for the first time.Huawei decided to use Samsung Display's OLED panels for its flagship smartphone models “Mate 30” and “Mate 30 Pro” scheduled to be launched in the second half
Samsung Electronics vice chairman Lee Jae-yong had a surprise meeting with the heads of Samsung Group’s financial affiliates earlier this month, it was known belatedly.Lee had a meeting with the presidents of the group’s financial affiliates, including Samsung Life Insurance Co., Samsung Fire & Mari
American semiconductor foundry GlobalFoundries filed 16 patent infringement lawsuits against TSMC in the United States and Germany. Headquartered in Taiwan, TSMC is the largest company in the industry and is working very closely with Chinese companies such as Huawei, MediaTek and Hisense. GlobalFoun
Samsung Electronics has achieved a nearly 10 percent share in the Japanese smartphone market on the back of the popularity of the Galaxy S10 series.Samsung Electronics ranked second with a 9.8 percent market share (600,000 units) in the Japanese smartphone market in the second quarter of this year,
Samsung Electronics has dismissed as “groundless” a recent report by DigiTimes, a Taiwanese daily newspaper specializing in information technology, that the Korean semiconductor producer is suffering from poor yields in its 7-nano extreme ultraviolet (EUV) process.Samsung responded to the report qui
South Korean life and non-life insurance companies saw their profits fall sharply in the first half of this year due to low interest rates and growing deficits from medical indemnity insurance products.The net profits of the 24 domestic life insurance companies added up to 2.13 trillion won (US$1.75