Samsung Electronics has developed core technology that will allow it to deliver high-speed 5G wireless data connections to consumers by 2020, the company announced today. The system allows data transmission up to several hundred times faster than current 4G networks. → Read More
Samsung Electronics announced today that it has appointed Boo-keun Yoon and J.K. Shin as co-CEOs following its annual shareholders meeting. That means the Korean tech giant now has three CEOs: current vice chairman and Oh-Hyun Kwon will continue on as CEO and chairman of Samsung’s board of directors. → Read More
Samsung Electronics may currently be the world’s leader in sales of mobile phones and TVs, but chairman Lee Kun Hee has told employees that the Korean company must watch its back as new competitors surface and the global economy continues to drag. → Read More
Samsung has sold its millionth Galaxy Note II “phablet” in South Korea just over 90 days after its launch, according to MK News (via Sammy Hub, h/t to TNW). The South Korean multinational conglomerate announced last month that it has sold over 5 million Galaxy Note II units globally and, if its current momentum continues, the device might hit 10 million sales by next month. This latest… → Read More
Samsung announced that it is investing $4 billion in its Austin plant in order to expand the production capacity of processors for mobile devices. Trial or not, Samsung’s most important client for those chips is still Apple. The factory already manufactures flash memory chips and the Apple-designed A5, which debuted with the iPad 2 and was improved with the iPad 3.