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New devices will come up with iconic purple heart design Samsung Electronics on June 15 took the wraps off the BTS-themed smartphones, dubbed the Galaxy S20+ BTS Edition, to attract global fans of the seven-piece K-pop superstar. The Seoul-based company also...
Samsung Group said Monday that South Korea’s top conglomerate carried out online recruitment exams over the weekend for the first time in its 82-year history amid the COVID-19 pandemic. Applicants took the Global Samsung Aptitude Test (GSAT), which took place...
Chiefs of Korea's top two chaebol have first one-on-one biz meeting As South Korea’s two representative business conglomerates, Samsung Group and Hyundai Group have competed to take the top position over the past half-century. Thus far, the two groups have hardly...
Top Korean company repeates time-honored strategy Samsung Electronics has channeled the most resources into research and development during the first three months of this year despite the new COVID-19 coronavirus outbreak. The Seoul-based company disclosed Monday its detailed first-quarter financial results,...
An increasing number of apartments and hotels are embracing service robots in South Korea due to the coronavirus pandemic, which has caught the world by surprise. Samsung C&T recently said that the country’s leading constructor will install guide robots powered...
Samsung Electronics, the world's largest maker of memory chips and smartphones, will temporarily allow its employees to work four days a week due to the outbreak of the novel COVID-19 coronavirus. The Seoul-based company said Friday that its staffers at...
South Korea’s Samsung Electronics started churning out a smartphone memory, which enables users to store a high-definition movie in a few seconds. The Seoul-based company announced Tuesday that it had begun mass producing 512-GB embedded universal flash storage (eUFS) 3.1...
Samsung Electronics Vice Chairman Lee Jae-yong, the de facto chief of Samsung Group, is urged to apologize for the family-controlled conglomerate’s misdeeds over succession and trade union issues. Samsung’s independent compliance committee came up with a series of recommendations Wednesday...
Two Korean companies enter into agreement for new drug Samsung Biologics, South Korea’s first-tier biosimilar company, teams up with STCube to develop and manufacture an anti-cancer drug candidate, dubbed STT-003 antibody. The Incheon-based outfit announced on March 3 that under the...
State-of-the-art facilities disclosed in Australia Samsung Electronics took the wraps off its Onyx screen in Australia at HOYTS Entertainment Quarter in Moore Park, Sydney, according to the tech giant on February 26. The Seoul-based company said that the new installment features...

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Samsung expects 23% jump in profit despite COVID-19

Tech giants achieves earnings surprise South Korea’s Samsung Electronics projected Tuesday that its second-quarter profit would rocket 22.7 percent from a year ago despite the...

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