Samsung Electronics expects the Mobile World Congress 2022 to become a proving ground for its newest 5G smartphones under the S22 series, with Chinese rivals heralding the launch of new phones in the same event in Barcelona, Spain. Samsung Electronics is the largest smartphone maker in Europe by shipments with a third of market share, but has seen its gap with Chinese competitors narrow. While Samsung‘s smartphone shipments in Europe surged 6 percent, its Chinese rivals such as Xiaomi

Technology Feb. 27, 2022

One of the world‘s largest tech events, Mobile World Congress, is returning to Barcelona, and South Korea’s telecommunications firms this week are poised to showcase their future technologies for the next decade to come. Extending their network and connected intelligence technology with respective industrial partners, SK Telecom is set to boast underlying technology to enable flying taxis, while KT brings disinfection robots and LG Uplus presents Korean media contents that run on e

Technology Feb. 27, 2022

South Korea’s telecommunication carrier SK Telecom and wireless network equipment maker Samsung Electronics will unveil the test results of their 5G network architecture “Option 4” for enhanced connectivity at the upcoming Mobile World Congress in Barcelona. The two firms recently tested the advanced 5G connectivity on a commercial network infrastructure for the first time within the industry. SK Telecom plans to commercialize the technology by 2023 in order to support urban

Technology Feb. 24, 2022

Samsung Electronics mobile head Roh Tae-moon said Thursday its use of recycled and eco-conscious materials will play a critical part in its mobile device innovations, a week ahead of the Mobile World Congress 2022 in Barcelona, Spain. Samsung’s Mobile Experience business, led by Roh, oversees operations related to smartphones, tablets, personal computers and wearable devices -- which Samsung seeks to connect under the Galaxy ecosystem that is turning greener and more inclusive. The Sou

Technology Feb. 24, 2022

The chiefs of all three major telecommunication firms in South Korea -- KT, SK Telecom and LG Uplus -- are poised to attend the forthcoming tech event Mobile World Congress 2022 onsite in Barcelona, Spain, where next-generation network technologies are set to take center stage. At the MWC 2022, which runs from Feb. 28 to March 3, Korean telcos will showcase how they have shifted gears in their radio access network technology. This shift has enabled mobile handsets to be connected with a core n

Technology Feb. 22, 2022

Despite a series of actions and pledges to make its business more environmentally sustainable, Samsung is still facing calls for a more aggressive approach to reducing greenhouse gases from global institutional shareholders of the tech titan. The latest to do so was APG, a Dutch pension fund that oversees nearly 630 billion euros ($716 billion). On Thursday, APG revealed that Samsung Electronics was one of the 10 South Korea-based investees to which it has sent a letter urging a greater effort

Technology Feb. 18, 2022

KT, South Korea’s largest telecommunications firm by sales, will pay a total of $6.3 million to the US Securities and Exchange Commission to resolve charges for violating the Foreign Corrupt Practices Act, an SEC announcement showed Friday. The SEC ordered the Seoul-based firm to pay $3.5 million in civil payments and $2.8 million in disgorgement and prejudgment interest within a month, more than two years after the US authorities started their investigation. KT was accused of insuffici

Technology Feb. 18, 2022

Samsung Electronics said Thursday a wine cooler will be part of its new home appliance package under its Bespoke brand to target wine lovers in South Korea, coupled with its Internet of Things features for wine pairing recommendation. Its new premium built-in side-by-side refrigerator, under its brand-new Bespoke Infinite lineup, has a dual-zone vertical wine cooler that can hold up to 101 bottles of wine. The temperature for each zone can be set at between 4-18 degrees Celsius, enabling user

Technology Feb. 17, 2022

The South Korean semiconductor chip industry is poised to invest 56.7 trillion won ($47.4 billion) in 2022 to create jobs and strengthen a supply chain amid talent shortages and external uncertainties, according to a lobby group Wednesday. The figure for some 150 companies across the Korean chip supply chain is 10 percent higher than the domestic industry’s total spending in 2021 at 51.6 trillion won, according to the Korea Semiconductor Industry Association. The lobby group is currently

Technology Feb. 16, 2022

Labor unions of South Korean tech titan Samsung Electronics said they could go on strike for the first time in over 50 years, after their demands for a pay raise and special summer leave in a first-ever wage negotiation fell on deaf ears. Protesters representing four labor unions comprising over 5,000 employees said Wednesday they will work to salvage its wage negotiation with Samsung’s management, with a walkout -- possibly with other trade unions under Samsung affiliates -- being their

Industry Feb. 16, 2022

Samsung Electronics unveiled Tuesday a plan to add six new board members and put them to the vote at an upcoming shareholder meeting in March. With the move, Samsung is likely to place more emphasis on its memory chip operations and sustainability in its business, which includes smartphones, consumer electronics goods and semiconductor chips. Among the incoming inside board member nominees is Samsung Electronics CEO Kyung Kye-hyun, who oversees its Device Solutions Division dedicated to semic

Technology Feb. 15, 2022

LG Group’s virtual fashion designer powered by the hyperscale artificial intelligence has debuted at New York Fashion Week, bringing the engine’s text-to-image generation capability to new heights, its holding company LG Corp. said Tuesday.  The virtual fashion designer, named Tilda, has collaborated with Park Youn-hee, a South Korea-born fashion designer behind the Greedilous brand. The collection was unveiled during a Fall 2022 runway show Monday held at Spring Studios, a po

Technology Feb. 15, 2022

South Korea’s tech giants Samsung Electronics and LG Electronics were among the five largest patent cooperation treaty (PCT) filers worldwide, the Korean Intellectual Property Office said Monday. A PCT is a global filing service that protects inventions, allowing applicants to seek international protection for an intellectual property simultaneously in over 150 countries with a single filing. Under the mechanism devised by World Intellectual Property Organization, a United Nations agency

Technology Feb. 14, 2022

South Korean supply chain management solution provider Emro said Sunday its net income surged 39.1 percent for 2021 compared to the previous year thanks to a high demand for its software. The company recorded 5.2 billion won ($4.3 million) in net profit, a consolidated preliminary financial statement showed. The company’s annual revenue came to 47 billion won, up 4.8 percent from a year prior, while its operating profit stood at 6.7 billion won, up 4.1 percent. Emro attributed the perf

Industry Feb. 13, 2022

Engineers at South Korea’s semiconductor chipmakers are increasingly being offered the chance to put off retirement to a later date. This comes as the memory chip powerhouse, home to Samsung Electronics and SK hynix, experiences a talent shortage in the industry. The move will likely be welcome news to the government, which is struggling to find ways to deal with the economic impact of the country’s rapid demographic shift toward an aging population. Starting this year, Sa

Technology Feb. 13, 2022