Samsung Electronics selected 13 business partners as this year’s hidden champions. It is going to choose 50 such companies before the end of this year to concentrate its support on them, too. The yearly hidden champion program is to find those having technological capabilities and willing to innovat
According to semiconductor e-commerce site DRAMeXchange on Feb. 12, the combined share of Samsung Electronics and SK Hynix in the global DRAM market reached a record high of 70.4 percent in the fourth quarter of last year. The top-ranked company Samsung saw its share decrease from 41.7 percent in Q3
Competition for 10-nanometer-class application processors (APs) is intensifying. Like Samsung Electronics, Intel is also mounting a serious challenge to the world's number one AP maker Qualcomm, with the official introduction of its own AP in the middle of this year. According to industry sources on
According to industry sources on Feb. 11, Samsung Electronics' system LSI business is stepping up efforts to develop a high-performance single-chip solution with the application processor (AP) and modem integrated together into a single chip. The unit is aiming at mass producing the single-chip solu
Samsung Electronics is going to introduce an outdoor wireless Access Point (AP) for corporations, named WEA453e. The Korean tech giant, which already released 9 types of indoor APs, finally completed a lineup of business-oriented APs with showcasing another kind of outdoor AP. A wireless AP is a dev
Samsung Display and LG Display have both established plans to make 4 trillion won (US$3.6 billion) and 1 trillion won (US$901 million) investments each into their respective OLED production facilities, actively seeking to commercialize OLED panels. LG Display is focusing on an increase in the produc
The combined investments of leading Korean business groups for this year are estimated to be 34.4 trillion won (US$31.0 billion).Samsung Electronics, for example, is kicking off the construction of new semiconductor production lines in Pyeongtaek in the first half of this year at an investment of 15
The Samsung Gear S, which was released late last year, is a cutting-edge smart watch. However, an increasing number of users are saying that there is much room for improvement, so the product is widely acknowledged to be still an early stage. That is the reason why the Apple Watch, which is schedule
According to industry sources on Feb. 11, the Korea Fair Trade Commission (FTC) started to investigate whether or not Qualcomm violated the Monopoly Regulation and Fair Trade Act in the process of receiving patent royalties from local handset makers. The FTC's move seems to be affected by the Feb. 1
Samsung Electronics’ strategy for the Internet of Things (IoT) is considered to be the most innovative among global companies. Samsung Electronics ranked 2nd in the World's Top 10 Most Innovative Companies of 2015 in Internet of Things (IoT) list released by Fast Company, a leading monthly magazine
Lenovo's low-priced tablets are immensely popular in Korea. The Chinese PC maker has emerged as a challenger in the local tablet market, which has been dominated by Samsung Electronics and Apple. According to price comparison website Danawa on Feb. 10, the Lenovo Tab S8-50 made up 10.72 percent of a
The combined share of Samsung and LG Electronics in the worldwide LCD TV market was reportedly 37.7 percent last year. Five Chinese companies were in the top 10, following the two Korean firms closely. According to data released by market research firm Wits View on Feb. 10, Samsung's share of the gl
As Samsung Electronics is planning to supply SUHD TVs this year, it started to sketch out a blueprint to dominate the Internet of Things (IoT) platform.According to Samsung on Feb. 10, around 30 million Tizen-operated smart TVs are likely to be sold this year. A total of 60 million TVs are expected
Samsung Electronics and Microsoft have agreed to terminate their patent litigations. Microsoft announced the news on its official blog on Feb. 9 (local time). Samsung Electronics had signed a contract with Microsoft for the use of its intellectual property rights in Sept. 2011. According to the cont
On Feb. 10, Samsung held a groundbreaking ceremony for the “Daegu-Samsung Creative Economy Complex” on the old Cheil Industries site on the north side of Daegu Metropolitan City.Samsung will build the Daegu Creative Economy Complex on a 90,199 m2 site of with a total floor area of 43,040 m2. The com
Samsung Electronics is participating in Integrated Systems Europe (ISE) 2015, which takes place from Feb. 10 to 12 in Amsterdam, the Netherlands. The ISE is the largest B2B business exhibition in Europe, which nearly 50,000 visitors from 950 companies around the world are attending. Samsung Elec
On Feb. 6, Chairman Kim Dae-hwan of the International Electric Vehicle Expo (IEVE) 2015 Organizing Committee said, “Jeju Island has the best platform as a testbed for electric vehicles. We are planning to construct the whole infrastructure by 2017, investing 300 billion won [US$274.73 million] in Je
Samsung Electronics chose Japan as the first country in which to release the Galaxy Note Edge in October 2014, where YOUM technology was used on both sides of the phone. The company made its bid to increase its share of the Japanese market, the world's largest premium market, through the new model.
In the Government Summit 2015 held at Madinat Jumeirah Hotel in Dubai, the United Arab Emirates, on Feb. 9, Yoon Boo-keun, president and CEO of Samsung Electronics, stressed, “Samsung Electronics has strengthened its current position in the global market through drastic innovation based on the compa
U.S.-based tech media outlets like The Daily Beast, Techcrunch, and Gizmodo are all buzzing about Samsung TVs, but not in the good way. This time they are talking about “spying,” “creepy eavesdropping,” and “1984.”The story was first published by The Daily Beast last Thursday, local time, when they