Samsung’s memo for Vision 2020 was to invest in healthcare industry and continuing in its pursuit is the latest acquisition from Samsung’s American subsidiary. Samsung Electronics America has acquired NeuroLogica that makes portable CT scanners products like BodyTom and CereTom. Although the details of the deal are kept confidential, Samsung plans to leverage its position […]
Misc.
Hydrofluoric acid leak kills one at Samsung Plant
An acid leak at Samsung’s plant in South Korea has claimed one life and injured four others. According to Samsung’s official statement “small amount of hydrofluoric acid” was leaked during maintenance in Hwaseong but according to Yonhap News, acid of about 2-10 liters was leaked that is fatal for lungs and nervous system. Samsung is […]
Samsung Posts Q4 2012 Results
Samsung today announced the financial results of fourth quarter ending that ended on December 31, 2012. Samsung posted revenues of 56.06 trillion Korean won, a 7 percent quarter-on-quarter increase whereas the consolidated operating and the net profit reached 8.84 trillion won, a 10 percent increase quarter-on-quarter and 7.04 trillion won respectively. Samsung’s full year operating […]
Samsung Display surpasses 300 million OLED Panel production
Samsung started mass producing OLED panels in January 2007 and after six years, the Korean company has managed to produce over 300 million OLED panels cumulatively. To put this in perspective, Samsung has been producing more than 470,000 panels every day and if 300 million OLED panels are stacked onto one another, it would be […]
Galaxy Tab does not infringe Apple patents, rules Dutch court
The Hague court in Netherlands have sided with Samsung by ruling that the Galaxy Tab does not infringe said Apple patents. The Dutch court cited rulings from the UK court that stated the same but without the penalty of the UK court that ordered Apple to publish a statement on the website and advertise sharing […]