Samsung Electronics appears to be moving to integrate cryptocurrencies to Samsung Pay, which accounts for 80 percent of the South Korean simple payment market. The company has recently transferred the blockchain task force (TF) of the mobile business division to the service business division.The blo
Unity Korea, a game engine developer, is set to expand support for Korean game developers by expanding the scope of Samsung Electronics smartphones that carry “Adaptive Performance”, a mobile game solution jointly launched with Samsung Electronics.Unity Korea made the announcement at “Unite Seoul 20
After the U.S. Commerce Department restricted Huawei’s access to American suppliers last week, U.S. companies such as Google, Intel, and Qualcomm have parted from Huawei. This development may benefit Korean companies such as Samsung Electronics and LG Electronics. However, analysts note that Huawei
Beauty blockchain firm Cosmochain has attracted US$2.50 million (2.98 billion won) token investment from a U.S. hedge fund.Cosmochain is a blockchain project that has attracted attention when Samsung Electronics selected it as an initial dApp partner for its Galaxy S10 Smartphone in March. The Galax
LG Electronics' V50 ThinQ, a dual-screen 5G smartphone, surpassed 100,000 units in sales in just one week after its launch. The figure is more than four times that of the previous model V40 ThinQ.The impressive performance of the V50 ThinQ is attributable to the three mobile carriers’ fierce com
Lee Jae-yong, vice chairman of Samsung Electronics, recently flew into Tokyo, Japan and discussed ways to cooperate in the 5G network business with two leading Japanese mobile carriers.According to Samsung Electronics officials, Lee visited Tokyo for three days from May 15 to 17 and met with the top
Samsung Electronics reclaimed the first spot in the premium smartphone market in India in the first quarter of this year.Global market research firm Counterpoint Research released a report on the smartphone market in India on May 13. Samsung launched the Galaxy S10 series in the Indian market immedi
Samsung Electronics plans to expand the application of blockchain and cryptocurrency functions, which were loaded onto the Galaxy S10, to other Galaxy models such as the budget Galaxy phones.The Korean tech giant also plans to cooperate with telecom companies in blockchain-based mobile identificatio
The popularity of the Galaxy S10 smartphone has helped Samsung Electronics significantly narrow its gap with Apple in the North American smartphone market.Samsung Electronics' smartphone shipments in North America reached 10.7 million units in the first quarter of 2019, according to data release
Samsung Electronics’ premium smartphone Galaxy S10 series is boosting the company’s shares in the world's two largest smartphont markets, China and India.Samsung Electronics accounted for 1.4 percent of the Chinese smartphone market in the first quarter of this year, said Counterpoint Research,
LG Electronics will release its dual-screen 5G smartphone “V50 ThinQ” on May 10. It is the company’s second premium smartphone to be released this year, following the release of the "G8 ThinQ" in March. LG Electronics is pinning hopes on the V50 ThinQ as market response to the G8 ThinQ has been quie
Samsung Electronics ranked second in the global smart watch market in the first quarter of this year on the back of a 127 percent surge in sales of the Galaxy Watch.Samsung Electronics accounted for 11.1 percent of the smart watch market in the first quarter, up from 7.2 percent a year earlier, said
Samsung Group’s electronics units are said to be planning to invest 25 billion rupees (US$360.35 million or 421.25 billion won) in smartphone production lines in India.Samsung Display Co. and Samsung SDI Co. are planning to establish their local subsidiaries in India and invest 15 billion rupees (US
It seems that Samsung Electronics needs more time to fix the display problems of the Galaxy Fold. The company told its U.S. customers on May 6 (U.S. time) that it would provide them with specific shipping information “in the coming weeks.”According to the U.S. IT media CNET, Samsung Electronics sent
Samsung Electronics, which aims to be the No. 1 non-memory device manufacturer until 2030, is spurring the development of its own graphics processing unit (GPU). GPU is a device specialized for processing high-volume data like graphics. It is an essential device in the era of artificial intelligence
A seismic change is accelerating in the global smartphone market as Huawei of China has overtaken Apple to become the world’s second largest smartphone producer.Samsung Electronics maintained its position as the number one player by selling 78 million cellphones in the first quarter. Apple suffered
Samsung Electronics’ smartphone business saw its operating profit increase to the 2 trillion won (US$1.71 billion) range thanks to the popularity of the Galaxy S10 series.Samsung Electronics officially announced on April 30 that its IT & Mobile Communications Division, which is in charge of the smar
A Galaxy S10 5G handset caught fire less than a week after purchase, a Korean user claimed in the Samsung Smartphone Cafe in Naver on April 30."Samsung Electronics only said that there is a serious external damage to the phone, without saying it would replace it or give me a refund," the user said i
Uniloc, a patent troll, has filed a patent infringement lawsuit against Samsung Electronics’ latest Galaxy models, including the Galaxy Fold and Galaxy S10 5G.Uniloc is a representative non-practicing entity (NPE) that has strengths in patents on computer electronics and mobile communication devices
LG Electronics Inc. is releasing its first 5G smartphone with two displays “LG V50 ThinQ” on May 10, looking to preempt the 5G handset market as its competitors, including Samsung Electronics Co. and Huawei Technologies Co., are delaying the launch of foldable phones.LG Electronics agreed on the V50