Samsung's new smartwatch to offer mobile payments

Last Updated: Monday, June 8, 2015, 11:05

Samsung would use near-field communication (NFC) technology to support mobile payments on the smartwatch.

Samsung Electronics says no plans to merge with Samsung SDS

Last Updated: Wednesday, June 3, 2015, 15:09

"The management wants me to express clearly that we do not have a plan to merge with SDS," Robert Yi, Samsung Electronics` head of investor relations, said at a company event in Seoul.

Samsung Electronics to expand mobile payments service to China, Europe

Last Updated: Wednesday, June 3, 2015, 11:01

Tech giant Samsung Electronics Co Ltd said on Wednesday that it will expand its Samsung Pay mobile payments service to markets such as China and Europe after an initial launch in South Korea and the United States later this year.

Samsung Galaxy S6 smartphones sale hit 6 million

Last Updated: Tuesday, June 2, 2015, 22:36

Sales of Samsung Electronics Co Ltd`s flagship Galaxy S6 smartphones reached 6 million units at the end of April, less than a month after their launch, researcher Counterpoint said on Tuesday, suggesting a positive start.

Samsung launches SUHD curved TV in India

Last Updated: Tuesday, June 2, 2015, 17:24

The new range of TVs will be available in 165.1 cm (65 inch) and 139.7 Cm (55 inch) at Samsung Smart Plazas and leading consumer electronic stores and will be priced at Rs.4,40,900 and Rs.3,14,900, respectively.

Shake-up in key Samsung assets to cement heir''s grip as succession looms

Last Updated: Tuesday, May 26, 2015, 12:33

If the due deal, goes through, Samsung still has to resolve include inheritance tax if Lee Kun-hee multi-billion dollar stakes in Samsung Electronics 3.8% or Samsung Life Insurance 20.76% are passed on to his heirs.

Samsung to merge two major units

Last Updated: Tuesday, May 26, 2015, 09:33

Samsung Group announced Tuesday the merger of two major affiliates, as the South Korean business giant accelerates restructuring efforts ahead of a generational power transfer within the founding Lee family.

Samsung Elec says halts TV production in Thailand

Last Updated: Thursday, May 21, 2015, 15:38

South Korea`s Samsung Electronics Co Ltd, the world`s top television maker, on Thursday said it stopped TV production in Thailand in the first quarter to streamline its global manufacturing footprint.

Samsung quietly prepping for change of style, rather than strategy

Last Updated: Wednesday, May 20, 2015, 11:02

Samsung wants to be evaluated through performance and ensure Samsung keeps growing.

US court reverses part of Apple's $930 mn verdict Vs Samsung

Last Updated: Monday, May 18, 2015, 22:34

A U.S. appeals court on Monday reversed part of the $930 million verdict that Apple Inc won in 2012 against Samsung Electronics Co Ltd, saying the iPhone maker`s trademark-related appearance could not be protected.

Samsung building $14.3 bn `Semiconductor Valley`

Last Updated: Sunday, May 10, 2015, 16:51

Samsung is reportedly beginning construction on a 14.3 billion dollar manufacturing complex that will be of the size of 400 soccer fields and will supply essential components to the electronics industry.

Samsung Electronics tips higher second-quarter profit on Galaxy S6 sales

Last Updated: Thursday, April 30, 2015, 02:28

Samsung Electronics Co Ltd on Wednesday said it expects earnings to rise in the second quarter after posting its highest profit in three quarters in January-March, boosted by strong demand for its new Galaxy S6 flagship smartphones.