BARCELONA, Spain -- Samsung Electronics CEO Han Jong-hee has hinted at making a comeback to the global extended reality headset market with a new device that works on a metaverse platform, signalling a possible end to the firm’s three-year hiatus from the industry. “(Metaverse-related devices) are now the talk of the town, so we have buckled down to a task to cope with the trend. It won’t take t...

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 ...

Meanwhile, KT’s exhibition will be located in Hall 4, home to MWC‘s newest feature GSMA Industry City, a special exhibit by the host of MWC. KT, which has 22 million local subscribers, is the sole Korean company that employs a GSMA board member, KT Chief Executive Officer Ku Hyeon-mo. KT is set to have its autonomous virus-killing robot make a public appearance for the first time. KT said the r...

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. S...

A week prior, Samsung signaled a stronger push for a more inclusive Galaxy ecosystem, teasing its upcoming release of the new Galaxy Book. The new device is likely to succeed the company’s flagship lightweight laptops primarily for office users, Galaxy Book Pro and Book Pro 360, first unveiled at the Samsung Unpacked in April 2021. They are to be supported by Intel chips and Microsoft apps like ...

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 r...

But these actions and pledges might fall short of global sustainability standards, as Samsung Electronics has yet to either join RE100 renewable energy initiative or announce its carbon neutral commitment, as opposed to its tech rival Apple. The APG‘s letter sent to chips-to-gadgets giant Samsung implied that carbon emissions-to-revenue intensity came to 8.7 percent in 2020, showing a comparison...

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 tha...

The side-by-side refrigerator was part of the Bespoke Infinite lineup, unveiled Thursday during a virtual press conference. The Bespoke Infinite lineup also boasts a large-capacity four-door French door refrigerator, a smart kitchen hood, a dual-cook oven, a 7.4-kilowatt four-element induction cooktop and a 12-person capacity dishwasher, all of which are built-in appliances. These are also part...

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 trillio...

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 manageme...

As for outside board member nominees, incumbent Kim Han-jo is to extend his term, while Bahk Jae-wan and Curie Ahn will be replaced by Hallym University visiting professor and climate change expert Han Wha-jin and former GIC managing director Kim Jun-sung. The board reshuffle plan will require approval in a shareholder meeting scheduled on March 16. Remote votings will be accepted for the regula...

LG Corp, a holding company of Korea’s fourth-largest conglomerate by assets, said Tilda became the first to come up with visual creations based on text processing powered by AI engine in a real-life use case. According to LG, Tilda will launch its own eco-friendly fashion brand after the New York Fashion Week Fall 2022, and continue to play a role of connecting people in the metaverse world. Ti...

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. Un...

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, ...