Tag Archives: Samsung

Samsung heir among business leaders joining South Korea's visit to Pyongyang

Samsung heir among business leaders joining South Korea's visit to PyongyangThe heir to the Samsung empire and the leaders of several other South Korean conglomerates will go to Pyongyang this week for an inter-Korean summit, Seoul announced Sunday. Samsung's Lee Jae-yong and the heads of the SK and LG groups will be part of President Moon Jae-in's delegation as he heads for a meeting with the North's leader Kim Jong-un, Moon's office said. Kim Yong-hwan, vice-chairman of Hyundai Motor Group – whose founder was a refugee from the North – will be among the entourage. Hyun Jeong-eun, chairwoman of the separate Hyundai Group which pioneered many cross-border economic projects, will also accompany Mr Moon. Ms Hyun met Kim's father Kim Jong-il several times. She was among the first South Koreans to meet the young leader when he assumed power following his father's death in 2011. Mr Moon, who favours dialogue with the North to nudge it toward denuclearisation, has advocated closer economic ties across the border, despite multiple sanctions on the North over its atomic weapons and ballistic missile programmes. North Korean leader Kim Jong Un, left, and South Korean President Moon Jae-in raise their hands after signing a joint statement in April 2018  Credit: Korea Summit Press Pool via AP, File He is set to fly to the North's capital Tuesday for a three-day summit with Kim – his third meeting this year with the young ruler of the isolated country. The delegation of about 200 includes top Seoul officials including its spy chief, foreign minister and defence chief as well as prominent figures in the economy, religion, culture and sports, Mr Moon's office said. Mr Lee is the de facto leader of the Samsung group, by far the South's biggest conglomerate, which includes Samsung Electronics – the world's largest maker of smartphones as well as memory chips. Other delegates include Archbishop Hyginus Kim Hee-jung of the Catholic church, a female ice hockey player who led the joint inter-Korean team which competed in the South's 2018 Winter Olympics, and K-pop star Ailee. US efforts to persuade the nuclear-armed North to disarm have been stalled for months after Kim and Donald Trump, the US president, vowed to denuclearize the peninsula at a landmark summit in June. Mr Moon, who was instrumental in brokering that meeting, is hoping to play the role of a mediator again this week. He is also expected to discuss several joint economic projects agreed during his first summit with Kim at the border truce village of Panmunjom in April.



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Samsung heir in South Korea's delegation to North: Seoul

Samsung heir in South Korea's delegation to North: SeoulThe heir to the Samsung empire and the leaders of several other South Korean conglomerates will go to Pyongyang this week for an inter-Korean summit, Seoul announced Sunday. Samsung’s Lee Jae-yong and the heads of the SK and LG groups will be part of President Moon Jae-in’s delegation as he heads for a meeting with the North’s leader Kim Jong Un, Moon’s office said. Kim Yong-hwan, vice-chairman of Hyundai Motor Group — whose founder was a refugee from the North — will be among the entourage.



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UAE awards major refining contracts to Korea's Samsung

UAE awards major refining contracts to Korea's SamsungAbu Dhabi National Oil Company said Monday it has awarded two contracts worth $ 3.5 billion to South Korea’s Samsung Engineering to boost output at the largest refinery in the United Arab Emirates. ADNOC’s announcement came as South Korea’s President Moon Jae-in was visiting the oil-rich Gulf state. The main contract, worth $ 3.1 billion, is for an engineering, procurement and construction (EPC) project at Ruwais refinery, the UAE’s largest with a capacity of over 800,000 barrels per day.



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Black Friday tech deals from Samsung and Google

Black Friday tech deals from Samsung and GoogleThese days, it seems like everything from kitchen soaps to full-sized vehicles are discounted on Black Friday, making sifting though which sales to hit an overwhelming process.



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Jailed Samsung heir appeals against conviction

Jailed Samsung heir appeals against convictionLawyers for the jailed heir to the Samsung empire filed an appeal against his conviction on Monday as South Korean media divided on the ruling that put the country’s top business leader behind bars. Lee Jae-Yong, the de-facto head of Samsung Electronics, was found guilty last week of bribing South Korea’s ousted president Park Geun-Hye and sentenced to five years in prison. The official website of the Seoul Central District Court showed that Lee’s lawyer Kim Jong-Hoon filed an appeal on Monday but gave no further details.



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The Latest: Analyst doubts Samsung scandal will hurt phones

The Latest: Analyst doubts Samsung scandal will hurt phonesSEOUL, South Korea (AP) — The Latest on the bribery case involving the heir to the Samsung empire (all times local):



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The Latest: Analyst doubts Samsung scandal will hurt phones

The Latest: Analyst doubts Samsung scandal will hurt phonesSEOUL, South Korea (AP) — The Latest on the bribery case involving the heir to the Samsung empire (all times local):



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Samsung Galaxy Note 8 Release Date Returns To Old Strategy; Confirmed By CEO?

Samsung Galaxy Note 8 Release Date Returns To Old Strategy; Confirmed By CEO?The Galaxy Note 8 will release in the August timeframe, according to Samsung CEO, DJ Koh.



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Samsung Is Becoming The World's Biggest Smartphone Components Supplier

Samsung Is Becoming The World's Biggest Smartphone Components SupplierSamsung is set to replace Intel which has been making chipsets for decades as world's largest semiconductor manufacturer.



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Samsung confirms launch of refurbished Galaxy Note 7s

Samsung confirms launch of refurbished Galaxy Note 7sSamsung Electronics said Sunday it would start selling a refurbished version of its Galaxy Note 7 smartphone this week after an embarrassing recall over exploding batteries rocked the tech giant last year. The recall of millions of Galaxy Note 7 devices cost the world’s largest smartphone maker billions of dollars in lost profits and hammered its global reputation. The refurbished device, made of recalled, unsealed Note 7 handsets and unused components are outfitted with new batteries, Samsung said in a statement.



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