Rome, Italy | AFP | Italy’s competition authority on Wednesday said it was fining Apple and Samsung 10 and five million euros ($11.5 and $5.7 million) respectively for the so-called “planned obsolescence” of their smartphones. The ruling is believed to be the first against the manufacturers following accusations worldwide that …
Read More »Samsung denies Olympics bid corruption allegations
Seoul, South Korea | AFP | South Korean tech giant Samsung on Tuesday denied allegations it illegally lobbied International Olympic Committee members to vote for Pyeongchang to host the 2018 Winter Olympics over the German and French cities of Munich and Annecy. Corruption allegations surrounding Pyeongchang’s successful Olympic bid have …
Read More »Samsung, Fujitsu pick France for new AI research centres
Paris, France | AFP | South Korean giant Samsung said Wednesday it will set up its third-biggest research centre for artificial intelligence in France. The announcement was made by Samsung Electronics president and chief strategy officer, Young Sohn, during a meeting with French President Emmanuel Macron in Paris. At the same …
Read More »Samsung launches the new S9 phone with augmented reality features
Barcelona, Spain | AFP | Samsung unveiled its new flagship smartphone on Sunday with a focus on augmented reality features as it seeks to keep its title as the world’s biggest smartphone maker. The South Korean firm showcased the Galaxy S9 on the eve of the official start of the …
Read More »Samsung set to launch new flagship smartphones
Seoul, South Korea | AFP | Samsung Electronics will unveil its next flagship smartphones — the Galaxy S9 and Galaxy S9+ — on Sunday, after it reported record profits in recent weeks and its vice chairman was released from prison. Samsung, the flagship subsidiary of South Korea’s biggest business group, …
Read More »South Korea appeals court frees Samsung heir
Seoul, South Korea | AFP | A South Korean appeals court on Monday upheld Samsung heir Lee Jae-Yong’s bribery conviction but cut his prison sentence to a suspended term, ordering his immediate release. Lee, vice chairman of Samsung Electronics, the world’s biggest smartphone and memory chip maker, was convicted of bribery …
Read More »Samsung overtakes Intel as world’s biggest chip maker: study
Paris, France | AFP | South Korea’s Samsung has overtaken US rival Intel as the world’s biggest maker of semi-conductors as sales in the sector boom, a study published by consultancy Gartner showed on Thursday. Samsung Electronics “gained the most market share and took the number one position from Intel …
Read More »Apple’s $120 mn patent award from Samsung upheld by top US court
Washington, United States | AFP | The US Supreme Court on Monday upheld a $120 million patent award Samsung was ordered to pay Apple in the latest ruling in a series of legal skirmishes between the top two smartphone makers. The US justices let stand without comment a 2016 appeals court …
Read More »Samsung Electronics CEO resigns, even as record profits expected
Seoul, South Korea | AFP | The CEO of Samsung Electronics Kwon Oh-Hyun resigned Friday, saying the South Korean tech giant was facing an “unprecedented crisis”, even as it expected profits to hit an all-time high in the third quarter. Kwon’s resignation comes as the company struggles to overcome a bribery …
Read More »Samsung Electronics expects record-high Q2 profits
Seoul, South Korea | AFP | Samsung Electronics expects profits to soar 72 percent in the second quarter to a record high, it said Friday, as it moves on from a recall debacle thanks to rising memory chip prices and increased demand for smartphones. The South Korean tech giant estimated its …
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