Samsung Group allegedly won over media outlets in promoting the merger between Cheil Industries and Samsung C&T in 2015 with threats to stop giving ads if they carried negative stories about it.According to recent media reports, Samsung Group placed 3.6 billion won worth of ads on media outlets ahea
Samsung Electronics has warned investors of a negative earnings surprise for the first time since its inception 50 years ago. “Our Q1 performance, affected by adverse display and memory chip market conditions, is likely to be less than market expectations,” the company said on March 26.When it comes
Samsung Electronics is targeting the premium TV market in Korea by launching new products of various screen sizes which are loaded with advanced functions but carry lower price tags.Samsung Electronics announced on March 25 that it would launch the 2019 Quantum Dot Display QLED TV. The 2019 QLED TV
Micron Technology will cut its monthly memory production by 5 percent, industry sources said on March 21. The U.S. semiconductor company said it had idled some factory lines to bring its chip output in line with lower demand. Micron's decision is expected to benefit Samsung Electronics and SK Hy
Samsung Electronics has recently posted a promotional video of a self-driving car on YouTube, spawning speculations.The global semiconductor giant released a video titled “Samsung Automotive Memory Solution” on YouTube on March 21. The 60-second video describes autonomous driving technology.Some obs
Samsung Electronics announced on March 20 that it would push for mergers and acquisitions (M&As) this year to look further afield for growth. The electronics giant has a cash mountain of over 100 trillion won and faces a growing need to take over overseas high-tech companies for its future growth in
Samsung Electronics has achieved a new milestone in semiconductor manufacturing by developing a third-generation 10 nanometer-class (1z-nm) 8 Gb Double Data Rate (DDR4) DRAM for the first time in the world.The company said it has pushed the limits of DRAM scaling by developing the 1z-nm 8 Gb DDR4 wi
Samsung Electronics announced on March 14 that it will develop a full-screen display that has camera and sensors hidden under the display, going beyond its newly developed hole-punch Infinity-O Display.Yang Byung-duk, vice president of Samsung’s Mobile Communications Division, disclosed the plan dur
As Samsung Electronics ushered in the era of foldable phones by unveiling the Galaxy Fold, global smartphone makers are pushing to develop more advanced foldable phones.For instance, Samsung Electronics has patented a smartphone that can be worn on the wrist like a watch, and Apple is said to be pre
Samsung Electronics has launched the world's most powerful 12 GB mobile DRAM targeting foldable phones, including the Galaxy Fold.Samsung Electronics announced on March 14 that it would begin mass production of 12 GB low-power DDR (LPDDR) 4x mobile DRAMs, whose capacity is the largest ever. The
Samsung Electronics posted 74 trillion won (US$65.7 billion) in sales in Vietnam in 2018, accounting for 28 percent of the Southeast Asian country's gross domestic product (GDP). The sales figure in Vietnam amounted to 30 percent of the Korean tech giant's total sales in 2018. Analysts say t
GlobalFoundries, the world's third-largest semiconductor foundry, is looking for a buyer for its 300 mm fab (Fab 7) in Woodland, Singapore, Taiwan's Digitimes has reported. The report came in less than two months after the U.S. foundry signed a contract to sell its Fab 3E in Singapore to Van
Samsung Electronics and LG Electronics significantly increased the number of patent applications in Europe last year as part of their efforts to preoccupy the next-generation information technology (IT) market, such as autonomous driving, smartphone and communications. In particular, the two compani
The price of Bitcoin plunged to some 3 million won (US$2,639) earlier this year, generating a debate among analysts over the future of the cryptocurrency’s price. However, it has increased to some 4 million won (US$3,518), gaining upward momentum again. The current price is still low compared to its
Samsung Electronics has applied for a patent for a TV with no power cable, which has been a long-resolved question for the information technology (IT) and consumer electronics (CE) industry.According to industry watchers and foreign news resports, Samsung Electronics filed a patent for a wireless po
Samsung Electronics ranked seventh, classified as Excellent, in this year's Harris Poll Reputation Quotient with a score of 80. For reference, Samsung ranked 35th with 77.56 in that survey last year. In this year’s survey, Sony climbed from 31st to 10th and 21st Century Fox climbed from 74th to
Samsung Electronics, which has unveiled its first foldable phone Galaxy Fold, is reportedly developing different types of foldable phone. It seems to be preparing to expand its share of the foldable phone market.According to Bloomberg on March 6, Samsung Electronics is developing two types of foldab
Samsung Electronics has begun production of magnetoresistive random-access memory (MRAM), one of the future semiconductors, using the foundry process. MRAM is expected to change the landscape of the semiconductor market as it is as fast as DRAM and, like NAND flash, keeps the data even when the powe
A fierce battle is likely to start in the market for cordless earphones in the first half of this year. In particular, Samsung Electronics and Apple, the two top players in the smartphone industry, are expected to collide head on in this segment.Samsung Electronics launched the Galaxy S10 with a cor
South Korea’s leading IT companies are planning to roll out their new blockchain-based commerical services starting from the first half of the year. They have been developing blockchain-based services since last year when the blockchain fever swept throughout the country.Domestic companies that have