The Korea Herald

Samsung, Apple clash with rollout of new products

Apr 11, 2015

Apple gave consumers their first hands-on look at its smartwatch Friday pushing into wearable tech just as rival Samsung rolled out its new flagship smartphones. With the world's two biggest gadget makers vying for consumer attention, Apple scored points by apparently selling out of the Apple Watch as quickly as it opened pre-orders.Customers ordering the watch, due to go on sale April 24, saw messages saying deliveries now were being pushed back into June or later."I really debated if I should
New Galaxy smartphones set sail to take on iPhone, shore up profit

Apr 10, 2015

Samsung Electronics Co., South Korea's tech powerhouse, on Friday started shipment of its much-awaited high-end smartphones -- Galaxy S6 and its offbeat sister Galaxy S6 Edge -- in 20 countries, on the hope that brisk sales will help revitalize its ailing mobile business and take on Apple Inc.'s iPhone lineup.Sales started in South Korea, the United States, Britain and Germany, and will expand gradually to other regions, Samsung said.Samsung's Galaxy S6, first showcased last month, is equipped w
Samsung hopes to break sales record with new Galaxy duo

Apr 9, 2015

Latest smartphones Galaxy S6, S6 Edge to hit 20 global markets Friday
‘Mr. Galaxy’ gets back to basics

Apr 9, 2015

When Samsung’s mobile chief Shin Jong-kyun took to the stage to promote the company’s new flagship smartphone Galaxy S6 on Thursday, the keyword in his speech was “a return to fundamentals.” “We tried to understand what customers really wanted from the beginning,” he said. “Heading forward alone cannot be innovation. Real innovation is making a project that can make customers’ daily life more convenient and enjoyable.”Samsung Galaxy sales have been sluggish in recent years, as it has felt the sq
Anonymous SNS Blind seeks success in Silicon Valley

Apr 9, 2015

South Korean start-up Team Blind has recently launched its anonymous mobile community service Blind in the U.S. market, with hopes of luring young tech-savvy office workers, especially those in Silicon Valley. “We launched the U.S. service two weeks ago,” said Jung Young-joon, the company’s cofounder and CEO via email. “Starting with LinkedIn, we plan to expand our presence among tech firms.”The CEO is visiting California to meet local partners and promote the service. According to him, the firs
Samsung hopes for record sales of new Galaxy phones

Apr 9, 2015

Samsung Electronics Co., South Korea's tech powerhouse, expects record-breaking sales of its new flagship Galaxy S6 smartphones, its mobile chief said Thursday, as the company strives for a rebound after posting its weakest earnings in three years last year. Samsung said it anticipates shipments of the Galaxy S6 and Galaxy S6 Edge to surpass the sales of the Galaxy S4, Samsung's biggest hit in its smartphone history. "We expect (the figure) will be a lot higher, compared with the Galaxy S5 la
Samsung debuts new Galaxy phones in Seoul

Apr 9, 2015

Samsung Electronics Co., South Korea's tech powerhouse, unveiled its latest flagship Galaxy smartphones on its home turf on Thursday, seeking to regain its status as the world's No. 1 smartphone maker amid growing challenges from its archrival, Apple Inc., and its Chinese counterparts. The Galaxy S6 and Galaxy S6 Edge will hit shelves in 20 countries Friday, starting in South Korea, the United States, Britain and Germany, and expand gradually to other regions, the company said in a statement re
S. Korea's ICT exports shrink in March

Apr 9, 2015

South Korea's exports of information and communication technology products dropped slightly in March from a year earlier due partly to a plunge in shipments of key products, including smartphones, the government said Thursday. Outbound shipments of ICT products came to $14.46 billion last month, down 3.4 percent from the same month last year, according to the Ministry of Trade, Industry and Energy. Imports, on the other hand, gained 2.1 percent on-year to $7.61 billion. The country's trade sur
S. Korea's share in DRAM market hits all-time high in 2014

Apr 9, 2015

South Korea's presence in the global market for dynamic random access memory hit a record high last year, data showed Thursday, as Samsung Electronics Co. continued to secure its seat on the throne on the back of its latest 20-nanometer products. Asia's fourth-largest economy took up 67.7 percent of the DRAM market, breaking its previous record of 65.5 percent posted in 2012, the data compiled by market tracker IHS showed. Samsung Electronics took up 40.4 percent of the global DRAM market in
Samsung, LG in smartphone duel

Apr 8, 2015

Korean tech behemoths Samsung Electronics and LG Electronics are gearing up for another battle as they prepare to launch their new flagship smartphones this month. Samsung, which has been competing with California-based Apple for leadership in the world’s smartphone market, will launch its new marquee models, the Galaxy S6 and S5 Edge, on Friday in Seoul. Mobile business chief Shin Jong-kyun will deliver a keynote speech at a media session Thursday ― his first appearance at a Seoul event since t
Samsung beats Apple in brand loyalty: poll

Apr 8, 2015

South Korean tech giant Samsung Electronics Co. has beaten its archrival U.S. Apple Inc. in customer loyalty, an online poll showed Wednesday. Samsung ranked first with 35 points, outpacing Apple's 7, according to an online poll by U.S. corporate research site SurveyMonkey, based on the responses from 5,000 consumers in the fourth quarter of 2014. The poll, however, did not disclose the exact number of companies researched for the survey. The loyalty mark gained by Samsung stood far above
Samsung sees signs of recovery after profit slump

Apr 7, 2015

Samsung Electronics on Tuesday estimated its first-quarter operating profit at 5.9 trillion won ($5.44 billion), easily beating analysts’ estimates. The operating profit was up 11.53 percent from the 5.29 trillion won in October-December 2014, but still down 30.51 percent from the 8.49 trillion won a year earlier, the company said in a regulatory filing. Still, the estimate hovered far above the 5.47 trillion won forecast by local brokerage houses, showing a positive sign that the Korean tech gi
KCC chairman blasts SKT for illegal marketing

Apr 7, 2015

Choi Sung-joon, chairman of state Internet and telecommunications regulator Korea Communications Commission, said Tuesday the KCC would implement strict restrictions on illegal activity in the local telco industry in the future.“(SK Telecom) continued utilizing illegal marketing tactics in very organized ways with computer programs to delete the data (of illegal businesses) aimed at intentionally hampering investigations of the KCC,” said Choi at a meeting with reporters to celebrate the first a
LG showcases high-end camera for next flagship smartphone

Apr 7, 2015

South Korea's No. 2 tech giant LG Electronics Inc. said Tuesday its upcoming flagship smartphone, the G4, will have a high-powered camera that enables users to take clear and vivid photos in dark conditions. The company, which earlier said the new smartphone will be showcased on April 29 in six major cities around the globe, revealed a teaser and invitation that showed "F1.8" written around a camera covered with a leather case. The invitation was an upgrade from the previous version, which onl
Samsung puts Q1 operating profit at 5.9tr won

Apr 7, 2015

South Korean tech giant Samsung Electronics Co. estimated Tuesday its first-quarter operating profit at 5.9 trillion won (US$5.44 billion), which hoavered above a market consensus.The preliminary estimate represents a 30.51 percent fall from the operating profit of 8.49 trillion won a year earlier, the company said in a regulatory filing. The figure, however, marks a 11.53 percent increase from the operating profit of 5.29 trillion won posted over the October-December period of 2014.The estimate