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Lee Kun-hee, the leader who transformed Samsung, changed how the world communicates

Lee Kun-hee, the leader who transformed Samsung, changed how the world communicates

By Habib Toumi SEOUL: One of the greatest merits of Lee Kun-hee was that as a true leader with great inspirations and impressive aspirations, he would not leave the world with the tragic thought that he “could have”, “should have” or “might have” done more to make Samsung a global brand. He was not the […]

Lee Kun-hee’s spirit of innovation should thrive long after the Chairman is gone

Lee Kun-hee’s spirit of innovation should thrive long after the Chairman is gone

By Habib Toumi Bahrain: I visited South Korea for the first time in March 2019, a guest of the Journalists Association of Korea (JAK) and the Asia Journalists Association (AJA) and a speaker at the World Journalists Conference. I have heard and read a lot about South Korea, so it was impossible for me to […]

“Change everything, except your wife and children”: Builder of global tech giant Samsung, Lee Kun-hee, dies at 78

“Change everything, except your wife and children”: Builder of global tech giant Samsung, Lee Kun-hee, dies at 78

  SEOUL: Lee Kun-hee, the business leader who had transformed Samsung Group into one of the world’s major tech giants from a small trading firm, died at a hospital in Seoul on Sunday at 78, leaving a thorny succession challenge for his children. The chairman of the flagship Samsung Electronics had been bedridden since May […]

Pompeo cites Samsung as alternative to Chinese tech giants

Pompeo cites Samsung as alternative to Chinese tech giants

Washington: U.S. Secretary of State Mike Pompeo said Monday that Samsung is a “legitimate” substitute to Chinese companies in building 5G networks across the European Union. Pompeo made the case in an op-ed in Politico Europe ahead of an EU communications ministers meeting in Brussels on Tuesday. He argued that Chinese tech giants such as […]

Samsung updates software of Galaxy S10, Note 10 over fingerprint flaw

Samsung updates software of Galaxy S10, Note 10 over fingerprint flaw

Seoul: Samsung Electronics Co. said Wednesday it has released a software patch to fix a bug in the ultrasound-based fingerprint scanner on Galaxy S10 and Note 10 smartphones. Samsung has faced a backlash after some users discovered that anyone’s fingerprint could unlock S10 and Note 10 series devices covered with a silicone-based screen, raising security […]

Samsung’s global brand value exceeds $60 billion

Samsung’s global brand value exceeds $60 billion

Seoul: Samsung Electronics Co., the world’s leading maker of smartphones and chips, said Thursday that its global brand value has exceeded US$60 billion this year, citing an annual survey of brand management firm Interbrand. Samsung remained the sixth most-valuable global brand this year with a value of $61.1 billion, up 2 percent from last year’s $59.9 […]

Samsung offers hands-on experience with revamped Galaxy Fold at IFA

Samsung offers hands-on experience with revamped Galaxy Fold at IFA

  Berlin:  Creating a “whole new smartphone category” is easier said than done, and it was especially so for Samsung Electronics Co.’s first foldable device, which will finally hit the shelves after months of delay. Samsung said it will take the wraps off its revamped Galaxy Fold to allow visitors to the IFA Berlin technology […]

Samsung stays South Korea’s top brand despite value drop

Samsung stays South Korea’s top brand despite value drop

  Soul: Samsung Electronics Co. remains by far the most valuable brand in South Korea despite a drop in its brand value, a report said on Tuesday. Samsung Electronics, the world’s No. 1 memory chip and smartphone maker, topped the list of 50 leading brands in Asia’s fourth-largest economy with a valuation of 83.2 trillion […]

Samsung Electronics accounts for 20% of South Korea’s exports in H1

Samsung Electronics accounts for 20% of South Korea’s exports in H1

Seoul: Samsung Electronics Co. was responsible for 20 percent of South Korea’s total exports in the first half of this year, showing its heavy influence on the national economy, its financial report showed on Sunday. The South Korean tech giant raised 75.2 trillion won ($62 billion) in sales in the first six months of this […]

Renault Samsung, union sign tentative deal over wages

Renault Samsung, union sign tentative deal over wages

Renault Samsung Motors Corp. and its labor union said Thursday they have reached a tentative agreement over wages and working conditions, possibly ending their drawn-out labor dispute that was feared to undermine the automaker. The union said its members will vote on whether to accept the deal on Tuesday. The company and the union began […]

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