Samsung HQ in South Korea have sent 13 auditors to Australia to check on the region’s operations. The report from Smarthouse claims that the surprise audit is a result of a tip-off from a former Samsung executive alleging irregularities in the sale of second goods. Samsung auditors are currently probing 10-year old transactions and […]
Misc.
Samsung creates 55-inch DID LCD with ultra-thin 5.7mm bezel
Samsung has added another product to allow marketers effectively pitch their products. The Korean giant has created a 55-inch Digital Information Display (DID) LCD with the industry’s thinnest 5.7mm bezel. Samsung says a display with thin bezel can be attached to multiple LCDs, thus making the image bigger without any obstruction from the bezel. […]
Samsung partners with industry leaders as 3D Pros to promote 3D technology
Samsung is leaving no stones unturned to bring 3D technology in consumer’s living room. They have announced a new campaign that will bring industry experts as 3D Pros and talk, share happenings around 3D TVs. This campaign will run through January 2011 and will be promoted through YouTube, Twitter and Facebook. Samsung’s 3D Pros […]
Earnings Guidance for Q3 2010
Samsung has announced earnings guidance for the third quarter. This guidance is made public to gives shareholders and consumers an estimate about what to expect when the audited results are posted. According to the guidance, in compliance with IFRS, Samsung expects its consolidated operating profit to be somewhere in between 4.5 to 5 trillion […]
Samsung’s Lee Kun-hee is South Korea’s richest person
A report released yesterday claims that Samsung Electronics’ current chairman, Lee Kun-hee is the richest person in South Korea. Lee Kun-hee has an estimated personal wealth from listed and unlisted companies of 8.73 trillion won or 8 billion US dollars. However, he is not the only wealthy person from Samsung to be featured in […]