Samsung Electronics to freeze salaries in Korea for first time since 2009

Last Updated: Thursday, February 26, 2015, 16:29

The last time Samsung Electronics froze salaries was 2009 when the company reeled from the global financial crisis. Since then, it has increased salaries.

BlackBerry working with Google to secure Android devices

Last Updated: Thursday, February 26, 2015, 09:32

BlackBerry Ltd said on Wednesday that it is working with Google Inc to enable its software to manage and secure some of Google`s Android devices, a move that builds on BlackBerry`s recent partnership with Samsung Electronics Co.

Samsung, China trade deal give boost to South Korea's yuan hub ambitions

Last Updated: Wednesday, February 25, 2015, 13:35

South Korea became the third country in the world to begin direct trading of the yuan for a local currency in December under the aim of grabbing a larger share of the growing business opportunities involving the yuan outside China.

Apple slapped with lawsuit for poaching A123 engineers

Last Updated: Friday, February 20, 2015, 13:52

Electric car battery maker A123 Systems has reportedly filed a lawsuit against Apple for poaching at least five of its employees in order to start a large scale battery division of its own.

Samsung buys startup LoopPay, moves toward mobile payments

Last Updated: Thursday, February 19, 2015, 09:00

Samsung Electronics Co Ltd has bought U.S. mobile wallet startup LoopPay, signalling its intention to launch a smartphone payments service to compete with a recent offering from rival Apple Inc.

Samsung Electronics earmarking cash for growth, including M&A

Last Updated: Tuesday, February 17, 2015, 10:55

Samsung Electronics Co Ltd aims to use its $56 billion cash pile to fund growth including acquisitions, the tech giant`s investor relations chief said, even as more shareholders clamour for bigger dividends.

LG Elec takes fight with Samsung over washer damage to YouTube

Last Updated: Monday, February 16, 2015, 18:55

South Korea`s LG Electronics Inc, whose appliance chief has been indicted on a charge of purposely damaging Samsung Electronics Co Ltd washing machines, issued a video clip that it says shows the executive was merely testing its rival`s products in plain view at a store in Germany.

Samsung Display to invest $3.6 billion in new OLED production line

Last Updated: Wednesday, February 11, 2015, 07:24

South Korea`s Samsung Display plans to invest 4 trillion won ($3.6 billion) into making organic light-emitting diode (OLED) panels as its parent Samsung Electronics Co Ltd looks to boost components sales to offset weaker smartphone earnings.

Amid mobile slump, Samsung needs more outside customers for its chips and panels

Last Updated: Tuesday, February 10, 2015, 05:39

As Samsung Electronics Co Ltd sells fewer of its own smartphones, the South Korean group`s components businesses are under pressure to pick up the slack and secure external customers for chips and display panels, including putting these in rival mobile devices.

Microsoft, Samsung settle contract dispute over patents

Last Updated: Tuesday, February 10, 2015, 05:34

Microsoft and Samsung Electronics Co Ltd have settled a contract dispute over patent royalties, though terms of the settlement are confidential, Microsoft said in a statement on Monday.

Samsung Electronics names new mobile marketing head before key launch

Last Updated: Tuesday, February 3, 2015, 19:00

South Korea`s Samsung Electronics Co Ltd said on Tuesday it has appointed a new smartphone marketing chief, less than a month before the expected unveiling of its next flagship Galaxy S handset.

Samsung posts first annual profit decline in three years

Last Updated: Thursday, January 29, 2015, 08:42

The tech giant said Thursday it recorded a net profit of 23.4 trillion won ($21.45 billion) in 2014, down 23.2 percent from a year ago and the first decline since 2011.