Huawei controversy opens field for 5G challengers, including Japan's NEC
Washington has pushed allies to bar Huawei from building next-generation 5G mobile networks, claiming its equipment can be used to spy for Beijing.
Samsung heir Lee Jae-yong avoids arrest over controversial merger
A South Korean court on Tuesday declined to issue an arrest warrant for the heir to the country's Samsung empire over a controversial merger of two business units seen as a key step to his succession. Lee Jae-yong, vice chairman of Samsung Electronics, is already ...
South Korea seeks arrest of Samsung heir in succession probe
South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee, they said on Thursday, in the investigation of a controversial 2015 merger and alleged accounting fraud in a suspected bid to aid his succession plans. The move spells fresh trouble ...
Samsung estimates 2.7% rise in first-quarter operating profit
Samsung Electronics' operating profits inched up 2.7 percent in the first quarter, the world's biggest manufacturer of smartphones and memory chips estimated Tuesday. Operating profit during the January-March period was expected to be around 6.4 trillion won (¥570 billion; $5.2 billion), up 2.7 percent from ...
The transformation of Samsung, from ridiculed 'Sam-suck' to top Apple rival
Military-style management and an unquestioning reverence for the founding Lee family have fueled Samsung's transition from the world's most ridiculed phone-maker to its biggest, says the author of a new book. Today Samsung — by far South Korea's most powerful conglomerate, with more than 50 ...
Huawei launches Mate XS foldable smartphone with better screen
Huawei unveiled an upgrade to its folding smartphone on Monday, hoping that a faster phone with higher-quality display will encourage consumers to spend as much as $2,700 for the top-of-the-range version. The new Mate XS arrives a year after the Chinese tech giant showed off ...
In South Korea's deadly shipyards, subcontracted workers most at risk
Park Chol-hee was working a holiday shift at Samsung Heavy Industries' Geoje shipyard on Labor Day in 2017 when a giant crane collided with another and crashed to ground, killing six people, including Park's younger brother. "It was as if a bomb was dropped," Park ...
Samsung heir Lee Jae-yong's corruption retrial hangs over phone maker
The heir to the Samsung empire returns to court this week for a retrial over a sprawling corruption scandal that could see him return to prison and deprive the world's largest smartphone and chip manufacturer of its top decision-maker. Lee Jae-yong is vice chairman of ...
Samsung admits Galaxy S10 smartphone has fingerprint access flaw
Tech giant Samsung Electronics on Friday acknowledged a major flaw with its fingerprint system that allows other people to open its top-end smartphones, advising users to delete all registered prints. Samsung is the flagship subsidiary of the giant Samsung Group and crucial to South Korea's ...
Samsung Display Co. plans to spend 13.1 trillion won ($11 billion) developing and building next-generation displays, responding to a flood of supply and price pressure from fast-moving Chinese rivals. In an announcement event attended by South Korean President Moon Jae-in and Samsung Electronics Co. Vice-Chairman ...
Samsung Electronics said Tuesday it expects operating profit to drop more than 50 percent in the third quarter amid a continued slump in the global chip market. Operating profit for July to September was forecast to reach 7.7 trillion won ($6.4 billion), down 56.2 percent ...
Huawei promises smartest 5G phone but who will be brave enough to buy?
Huawei launches what could be the world's most powerful and feature-packed 5G smartphone on Thursday, but the fate of the device in Europe will hang on whether it can overcome a U.S. ban to give customers the Google software they expect. The Chinese telecom giant ...
