Founding owner of Samsung Group and Samsung Electronics’ chairman, Lee Kun-hee has confirmed that his only son, Lee Jae-yong will be promoted from the Chief Operating Officer (COO) position to the President in Samsung Electronics. The confirmation came from Lee when he was asked about the news swirling about his son’s promotion. One of […]
Samsung to host bada Developer Day in Seoul
Samsung will conduct a bada Developer Day in South Korea to celebrate the first anniversary of bada OS. A total of 400 developers from Korea and other countries can attend the developer day in Seoul where they can get an overview of the bada roadmap, session on how to migrate to bada v1.2 and […]
Galaxy Tab production cut by half due to weak sales?
Samsung has remained bullish not only on its Galaxy Tab device but also on the tablet market as a whole. However, analyst Ashok Kumar from Rodman & Renshaw is on the opposite end, who in his research note says that tablet market will suffer in sales due to consumers opting for smartphones or laptops. […]
Samsung to unveil Google TV in January
UPDATE: Samsung has reached us saying that their decision to produce Google TV is still under consideration. Here is the official statement. For Samsung, the connected TV era began more than three years ago and achieved a breakthrough in 2010 with the introduction of Samsung Apps, the world’s first TV application store now available […]
Samsung is Asia’s second Cash Rich Company
A report published by Moody’s Investors Service claims that Samsung is the second richest company, in terms of cash in Asia. The leading Cash Rich Company in Asia is China Mobile. About 120 Asian companies were surveyed by the firm whose cash-to-debt ratio was found to be over 400 percent or average balance per […]