Samsung Electronics’ annual forums on its semiconductor foundry business strategy for this year have been postponed due to the new coronavirus pandemic, the tech giant said Monday. The company posted the notice on its forum registration website. The first event of the forums was to be held in California’s Silicon Valley on May 20 and was supposed to kick-start the annual forum series that takes place worldwide, including in China, Japan and Germany. “The forums are pushed

Coupang, South Korea’s leading delivery service provider, has been named one of the world’s most innovative companies by a US market researcher in recognition of the firm’s e-commerce technology and logistics service.  According to an announcement by US-based business media brand Fast Company on Tuesday, Coupang was ranked second on its list of the World’s Most Innovative Companies for 2020 for the Asia Pacific region. Korea’s biggest tech firm Samsung Elec

Major tech giants have postponed the launch of their latest smartphone models as the global novel coronavirus outbreak has been classified as a pandemic, according to industry sources Thursday. China’s Huawei Technologies was scheduled to announce its flagship P40 in Paris on March 26, but has decided to cancel the event as the World Health Organization has now labeled the fast spread of the virus as a pandemic. As of Thursday morning, France reported 2,281 COVID-19 infections and 48 d

LG Electronics Inc. on Wednesday announced the global launch of its 2020 TV lineup, led by 14 new OLED models with upgraded artificial intelligence (AI) features, to expand its presence in the premium TV market. LG said its CX series 4K OLED AI ThinQ TVs will be available this month in South Korea and the United States, followed by markets in other regions. The 55-and 65-inch CX models will go on sale in South Korea on Wednesday, while the 77-inch version will be launched next month, it a

Samsung Electronics Co. plans to release its 5G smartphones in more than 40 countries this year, a company official Wednesday, as the South Korean tech giant seeks to further expand its global presence amid the rise of the next-generation mobile service. Samsung's 5G smartphones were sold in 22 countries last year, but the number of countries that the world's largest smartphone maker will sell its 5G mobile devices may double this year as many mobile carriers around the globe prepare to start

SK Telecom Co., South Korea's leading mobile carrier, said Wednesday it has established a digital health care joint venture with a local private equity fund (PEF) after spinning off its health care business unit. Invites Healthcare Co. will aim to drive growth of the health care industry using its advanced information and communication technology (ICT), according to SK Telecom. Newlake Alliance Management, a local private equity firm, will serve as the largest shareholder of the joint venture

 Samsung Electronics Co. was the third-largest vendor of wearable devices last year, a market report showed Wednesday, amid soaring global demand for wearables. Samsung shipped 30.9 million units of wearable devices last year, more than doubling from a year earlier, according to the latest report from market tracker International Data Corp. (IDC). The South Korean tech giant took a 9.2 percent share in the global wearables market in 2019, up 2.3 percentage points from a year earlier, I

South Korean tech firms said Tuesday they are gearing up for the commercialization of 5G services in Japan with plans to roll out latest smartphone models as SoftBank Telecom is set to launch operations this month. Samsung Electronics is likely to launch the Galaxy S20 lineup, introducing 5G phones for the first time in Japan. SoftBank will be the first Japanese mobile carrier to launch 5G services on March 27, with other Japanese carriers like NTT and KDDI are also planning to launch soon.

Samsung Advanced Institute of Technology said Tuesday unveiled its study on longer-lasting all-solid-state battery technology for the first time in Nature Energy, one of the world’s leading scientific journals. All-solid-state batteries, utilizing solid electrolytes, support greater energy density allowing larger capacities, and are safer than current lithium-ion batteries using liquid electrolytes, according to the research arm of Samsung Electronics. The team focused on overcoming th

Samsung Display, one of the world's leading display panel makers, has called on Vietnam to permit the entry of engineers for the renovation of its plant in the Southeast Asian country, an industry source said Monday. Vietnam stopped issuing visas for visitors from South Korea on Feb. 29 and has been putting people flying in from Korea into a 14-day quarantine period at designated facilities to check for COVID-19. "Samsung Display has asked Vietnamese authorities to issue visas for some 7

Samsung Group’s affiliates in Vietnam could take a blow from the entry restrictions on travelers from South Korea imposed by the local government due to the coronavirus spread, according to industry sources Monday. Samsung Display was planning to dispatch around 700 engineers, including some from its subcontractors, to support the ongoing ramp-up at its plant for small and midsized organic light-emitting diode panel modules in Bac Ninh, northern province of Vietnam. The OLED modules pr

LG Chem, a leading lithium-ion battery supplier, seems unlikely to push ahead with plans to spin off its battery business this year, a news report suggested Monday. The report said the company’s task force team responsible for the battery spinoff had concluded last week that it would not be profitable due to various business hurdles and difficult market conditions. The South Korean battery maker said last year in a regulatory filing that the company was seeking to enhance the competit

Samsung to temporarily cut production of Galaxy S20 in Gumi, produce more in Vietnam

Korean, Singaporean and Thai telecom companies join hands

Samsung Electronics on Friday launched its flagship smartphone Galaxy S20 models in 20 nations, including the US, Canada, Singapore, Vietnam, Puerto Rico and others -- with plans to release them in 130 nations by end-March. The new smartphone model comes in three types: 6.2-inch Galaxy S20, 6.7-inch S20 Plus and the 6.9-inch S20 Ultra. All the three variants support 5G network and camera system that utilizes artificial intelligence technology and the company’s high-end image sensor. Ho