South Korea’s biggest life insurer has announced to raise $4.52 billion by way of an initial public offering. Samsung Life, who has 27% of the SK Life insurance market will offer 44.4 million shares for a price band from 90,000 won to 115,000 won. The exact price will be decided April 27 for May […]
Misc.
Lee Kun-hee’s return good or bad for Samsung?
If you’re unaware, Lee Kun-hee who had resigned from his post in 2008 over fraud and ethics, returned to the Samsung Group as a chairman of Samsung Electronics. While the move is said to save Samsung from the crisis they’re facing, there is a mixed feeling about his return. KoreaTimes has done a detailed […]
Samsung Moment bags Best in Show at CTIA
CTIA today announced the winners of its fifth annual E-Tech awards. Samsung managed to take away three awards, including the Best in Show by Moment. To quickly recap, Moment is Samsung’s Android device for Sprint and features a 3.2-inch AMOLED screen, sliding QWERTY keyboard, 800MHz CPU, Wi-Fi, 3.2MP camera, GPS and microSD card slot. […]
Power Outage at Samsung plant jacks up NAND flash price
Yesterday, a semiconductor plant of Samsung Electronics in Giheung, Gyeonggi Province suffered a blackout for few hours that eventually pushed up the NAND flash chip price. The sudden power cut happened around 2:30pm at plant’s K2 and K5 section and though the blackout lasted couple of hours, it drove the daily average spot price […]
New Samsung 3D Glasses get listed at Amazon
Watching movies in 3D is cool but wearing weird looking glasses to watch them is not, which is why Samsung has created different 3D glasses to suit different tastes. The three models are not on sale yet but Amazon is taking pre-orders of the same. The first one is SSG-2100AB that comes in black […]