The market share of Samsung Electronics Co. for ultrahigh-definition TVs has surpassed the 60-percent mark for the first time in North America, the company said Thursday. The world’s top maker of smartphones and memory chips took up 62 percent of the UHD TV market in North America as of the end of September, the South Korean tech giant said, based on the latest data compiled by global market tracker DisplaySearch. In the second quarter, the share had stood at 56.7 percent. Samsung far trumped it

Members of the International Telecommunications Union (ITU) are set to end their three weeks of discussions Friday on how the global community can be connected online, reaffirming that information and communication technologies (ICT) can contribute greatly to solving cross-border issues.  Some 3,000 delegates from more than 170 member countries gathered in this South Korean port city starting Oct. 20 for the 19th plenipotentiary conference that opens every four years. This year's meeting opened

LG Electronics said Wednesday it had signed an agreement with Google to grant one another the right to mutually exploit their patents, a move seen as a way to avert patent infringement suits.The cross-licensing agreement, signed by the two companies, includes sharing the rights for not only the existing patents, but also those that will be newly registered until 2023, they said.“(The deal) will reinforce our relationship (with Google) in making innovative products and technology development, whi

Tens of thousands of investors flocked Wednesday to place an early order for shares of Samsung SDS Co., an IT services unit of South Korean conglomerate Samsung Group, nine days before its debut on the main bourse.   Earlier in September, the main local bourse Korea Exchange(KRX) gave its go-ahead for the IT solutions company's initial public offering (IPO), slated for Nov. 14. With an offering price set at 190,000 won (US$175.52), the IPO is anticipated to be the second-largest in the country t

The International Telecommunication Union (ITU) took one step forward in aviation safety by supporting a resolution on real-time flight data tracking to prevent incidents like the missing Malaysian airplane, but challenges lie ahead over technology requirements and geopolitical risks, member states said Wednesday.    The specialized United Nations agency for telecommunications last week passed a resolution to improve global flight tracking for civil aviation after a massive international hunt ha

Samsung Electronics Co. saw its presence weaken in the South Korean stock market through October this year, data showed Tuesday, amid falling profits from its mainstay handset business. The smartphone-maker’s portion against the total value of the country’s main stock market fell 1.49 percentage points to 15.55 percent in the first 10 months of the year, according to the data compiled by the Korea Exchange, the local bourse operator. Although the tech firm managed to maintain its position as the

Samsung Electronics Co., the world's top smartphone maker, has stepped up its mid- to low-end lineups as part of a revamp to overcome eroding profit and stay atop in the global market against up-and-up Chinese rivals, analysts said Tuesday.    The tech bellwether unveiled two mid-tier smartphones Galaxy A and A5 on Oct. 31 for a November launch in China, and other emerging countries to follow suit.    The Galaxy A series touts a metallic exterior and comes in several different colors including p