As expected, Samsung Digital Imaging (SDI) will be a part of Samsung Electronics from tomorrow. The move disclosure had come late last year and was recently approved by the shareholders in South Korea. Even the European Commission gave a nod to the approval saying the merger “would not significantly impede effective competition in the […]
Misc.
Samsung Life plans South Korea's largest ever $4.52 billion IPO
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 […]
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 […]