Wacom, makers of stylus and digitizers for Samsung’s Galaxy Note range have confirmed an investment by the Korean company. Samsung Asia, a subsidiary of the Samsung Electronics will buy a 5 percent stake in the company which translates to roughly $58.7 million. The transaction, Wacom says, will allow Samsung to ensure “stable and timely access […]
Misc.
Samsung America buys NeuroLogica Medical Imaging Company
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 […]
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 […]