Samsung Electronics aims to introduce a smartphone with a foldable display next year, Koh Dong-jin, CEO of the firm’s smartphone business announced Tuesday.At a press conference held three days before the release of the latest Galaxy Note 8 smartphone in Korea, Koh said Samsung has clear roadmaps for the innovation of its smartphone series -- the Galaxy S and Note -- and a foldable type is to be included in one of the series. “We have a plan to adopt a foldable display in our roadmap,” Koh said.

Samsung is moving to strengthen its foundry business by adding a new 11-nanometer FinFET process technology and developing the industry’s first 7-nm process tech, the company announced Monday. By adding the 11-nm FinFET process, Samsung now has wider range of options for their next-generation products in terms of cost effectiveness. Also known as the 11 Lower Power Plus (11LPP) process, the cutting-edge tech delivers up to 15 percent higher performance and 10 percent chip area reduction with the

LG has reportedly decided to take a different path with its latest smartphone in the hope of gaining an edge in price competitiveness, amid heated competition in the industry with Samsung and Apple unveiling their latest products. According to sources in the telecom industry, LG Electronics will offer its latest V30 smartphone for under 1 million won ($882.6). The 64-gigabyte model will cost 949,300 won, while the 128-GB model will be priced at 998,800 won. It had been expected that the V30 woul

Harman International, a subsidiary of Samsung Electronics, will hold its board meeting in Seoul next month as part of its efforts to accelerate cooperation with Samsung on the car infotainment business, according to the company’s chief executive officer. Harman CEO Dinesh Paliwal told The Korea Herald, “I will visit Seoul next month to attend a boardroom meeting,” at IFA 2017 in Berlin last Saturday. The directors of the Harman board include Paliwal himself, Young Sohn, chief strategy officer of

삼성전자의 자회사 하만인터내셔널이 다음 달 서울에서 이사회를 개최할 예정이다.  디네쉬 팔리월(Dinesh Paliwal) 하만 사장은 지난 1일 독일 베를린에서 열린 IFA 2017에서 기자와 만나 “다음 달 이사회 참석을 위해 서울을 방문할 계획”이라고 밝혔다. 일반적으로 이사회 관련 일정은 비공개로 이후 분기별 공시를 통해 알려진다. 디네쉬 팔리월 하만 사장 (사진=삼성전자 뉴스룸)지난 3월 인수절차가 마무리 된 이후 하만 이사회는 삼성 인사들로 채워졌다. 손영권 삼성전자 전략혁신센터(SSIC) 사장이 하만의 이사회 의장을 맡았고 윤부근 소비자가전부문 대표이사와 이상훈 최고재무책임(CFO) 대표이사가 이사로 합류했다.  팔리월 사장은 IFA 개막 첫날 윤부근 사장과 하만 전시관에서 30여분의 비공개 회동을 가진 이후 이사회 일정에 대해 알렸다. 팔리월 사장은 “삼성과 개발 중인 인공지능 스피커는 단순한 제품이 아닌 시장의 판도를 바꿀 완전히 새로운 생태계가 될 것”이라며 “아주

BERLIN -- Appliances that improve convenience and save time using the Internet of Things and artificial intelligence seemed no longer to be the stuff of vague imagination at the IFA 2017 tech show in the German capital.As the biggest tech show in Europe nears the end of its six-day run, one of the main trends that emerged is that IoT has become a basic component of both large and small home appliances, while AI is being added as an extra feature to those connected products.Another noticeable cha

“구글, 아마존 보다 훨씬 나은 AI스피커를 가지게 될 것입니다.”지난 1일 윤부근 삼성전자 소비자가전부문 대표이사와 30여분 동안의 ‘은밀한’ 회동을 가진 후 나온 디네쉬 팔리월 하만 사장의 대답이었다. 16만 평방미터 면적의 독일 최대 컨벤션센터인 메세베를린(Messe Berlin)에서 IFA 2017 개막 첫 날 만난 윤부근 대표의 한시간 가량의 동선의 끝은 하만이었다. 하만 전시관 앞에서 인사 중인 윤부근 삼성전자 소비자가전부문 대표이사, 김현석 영상디스플레이사업부 사장, 디네쉬 팔리월 하만 사장 (사진=송수현 기자)윤 대표는 김현석 영상디스플레이사업부 사장, 서병삼 생활가전사업부 부사장 등과 함께 삼성 부스가 마련된 씨티큐브(City Cube)관에서 출발해 밀레, 보쉬, 소니, 도시바, 로에베 등 경쟁사들의 부스를 돌아보며 OLED TV, 무선청소기 등 다양한 제품들을 살펴 보았다. 전날 베를린에서 가진 기자간담회에서 이재용 부회장의 부재로 인해 “참담하고 두렵고 떨린다”며

BERLIN -- Closer cooperation with Harman International, a new Samsung Electronics affiliate, looks to be crucial for the tech giant to launch an “unbeatable” artificial intelligence device next year, with the chiefs of the two firms holding a closed-door meeting at the IFA 2017 in Berlin.On Friday, Yoon Boo-keun, president and CEO of the consumer electronics business at Samsung Electronics, held a confidential meeting with Harman CEO Paliwal at a private venue set up by Harman exclusively for di

BERLIN -- As part of efforts to expand its smart home business, LG Electronics will double its investment by 2020 including mergers and acquisitions of promising artificial intelligence tech firms, said Song Dae-hyun, head of the company’s home appliance and air solutions division Saturday. At a press conference held at a hotel in Berlin, Song said LG would spare no efforts to boost its smart home business and continue investing to acquire AI and Internet of Things technologies.  Song Dae-hyun,

BERLIN -- Amid mounting uncertainty over the future of Samsung, with its de facto leader Lee Jae-yong in jail, the world’s largest chip and handset maker has recently lost a business opportunity to acquire an artificial intelligence technology company, said one of the top brass of the company late Thursday. In a rare speech, Yoon Boo-keun, president and CEO of the consumer electronics division of Samsung Electronics, expressed concerns about the unprecedented leadership vacuum within the tech gi

BERLIN -- Hoping to reaffirm its presence in the global smartphone world, South Korea‘s tech giant LG Electronics chose Berlin to unveil its newest flagship smartphone with enhanced multimedia experience.On Thursday, the Korean handset manufacturer came up with the newest flagship V30 smartphone focused on quality of entertainment with enhanced camera and audio features to be unveiled to around 700 tech maniacs and media officials from around the world, who are visiting the city to attend the IF

BERLIN -- Aiming to grab the spotlight among global tech giants, Samsung Electronics said Wednesday that its presentation theme at Europe’s largest trade show for home appliances will be of lifestyles with enhanced connectivity and convenience.Two days before IFA 2017 kicks off Friday, Samsung Electronics unveiled new flagship consumer electronic products and services for the second half of the year at a series of press conferences. Calling it the “new normal,” David Lowes, chief marketing offic

BERLIN -- LG Electronics announced Wednesday its partnership with Bang & Olufsen to supply the company’s organic light-emitting diode televisions to the Danish audio system maker. Under the partnership, LG will start supplying OLED TVs to B&O from September. The audio company will add its sound technologies to the TVs to maximize their sound combined with their OLED displays’ ultimate color representation. The Danish firm will present the LG OLED TV applied with B&O sound technologies at the upc

Samsung Electronics will invest a total of $7 billion in its semiconductor business in China for the next three years, the company said in a regulatory filing Monday.The latest investment announcement in the China business is the biggest in five years since the Korean chipmaker established the plant in Xian in 2012. Samsung’s Xian facilities produce 3-D NAND flash memory chips whose demand is rapidly rising as mobile device manufacturers want chips with greater data storage space and faster proc

Foreign investors are making increasing inquiries about possible losses to their investment in South Korean telecom companies, three days before the carriers are to decide on whether to file a lawsuit against the government’s fee cut plan, industry sources said Monday. “Our investor relations team has received some inquiries about what would happen to the company’s profitability from several foreign shareholders,” said an official from one of the three mobile carriers here, who asked for anonymi

A fierce legal dispute is expected to extend this week following the Seoul Central District Court’s decision to sentence Samsung Electronics’ de facto leader Lee Jae-yong to a five-year prison term. During the weekend following the court ruling Friday that found the Samsung heir guilty of five major charges related to the corruption scandal of former President Park Geun-hye, Lee‘s legal team and the special counsel team respectively clenched their fists in preparation for the forthcoming appella

South Korea’s LG Electronics said Sunday its voice-activated artificial intelligence platform will expand connections further with Amazon, enhancing LG’s smart home environment with global partners. The company plans to unveil operations of its AI-based home appliance lineup being controlled by Amazon’s voice recognition speaker Amazon Echo at the upcoming tradeshow IFA 2017 that kicks off this Friday in Berlin, Germany. Amazon Echo runs based on its AI assistance program Alexa. The latest expan

Stephen Cheung is a 27-year-old man with a British father and native Hongkonger mother. Working as a tour guide, which facilitates his major in history, Cheung himself may be a living example of Hong Kong, a city of coexistence of Eastern and Western cultures, tradition and modernity, after 156 years of British colonial rule. The Old Police Station is under renovation to be an art gallery. (Hong Kong Touism Board)“The Old Central Town is my favorite place to introduce to tourists, because it is

Chinese electronics manufacturer Haier filed a lawsuit against South Korean rivals Samsung and LG Electronics and some others over their monopoly on patents related to the production of televisions with a New York court, according to news reports Thursday. Haier claimed in the suit that Korean TV makers and others pay a patent licensing company named MPEG LA too much for royalties for patents required by the US Federal Communications Commission for manufacturing digital TVs. Defendants sued by H

At the news of the ongoing meeting between the top management of Japan’s Toshiba and US-based memory maker Western Digital in Tokyo, industry observers are raising the possibility that South Korea’s SK hynix may be far from acquiring Toshiba’s chipmaking unit, according to news reports Wednesday. According to a report by Japan’s Nikkei, the meeting of the chiefs of the two longtime business partners – Toshiba CEO Satoshi Tsunakawa and Western Digital CEO Stephen Milligan – could bring a major ch