At the 43rd Annual General Meeting, Samsung Electronics shareholders approved the spin off of the ailing LCD business. According to the motion passed, Samsung will create a new independent company called Samsung Display Co. (tentative) and will be launched on April 1 with an initial capital of 750 billion won. Park Dong-gun will assume […]
Google to release ICS update for Nexus S in the next few weeks
One of Engadget’s sources has confirmed that Google will release the Ice Cream Sandwich Update for Nexus S soon. Late last year, Google released the Android 4.0 update for the last-generation Nexus device but pulled it due to some issues. Users with Nexus S or Nexus S 4G can expect the OTA update to […]
Samsung NX20 with Wi-Fi leaked in live pictures
Live pictures of Samsung’s NX20 camera have surfaced on the web. Dutch site Focus Media managed to get their hands on a pre-production model and shed some details on the camera. The site says NX20 looks similar to NX11 but is slightly bigger that gives a good grip. It features the same 20.3 megapixel […]
Samsung Electronics conducts 43rd AGM in South Korea
Samsung Electronics today conducted its 43rd Annual General Meeting in South Korea. Samsung went through full year results which registered a consolidated revenue of 165 trillion won and operating profit of 16 trillion won. The revenue posted were an all-time high for Samsung and going forward, Samsung has promised to generate revenue growth and […]
Samsung along with other Korean companies fined for price fixing
Samsung along with other Korean manufacturers and operators have been fined by the Korean Fair Trade Commission (FTC) for price fixing. Samsung along with companies like LG, Pantech, SK Telecom KT Corp and LG Uplus have been found to artificially inflate the price of the handsets and advertise claiming about the incentives to the […]