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samsung says it won’t become a holding company


seoul—samsung electronics co. said thursday it won’t adopt a holding-company structure, putting an end to a monthslong corporate-governance review.investors and government officials had demanded that the company explore options to reform south korea’s biggest business empire.samsung electronics said in a statement that transitioning to...






samsung’s restructuring plan faces challenges


seoul—samsung electronics co.’s chief executive said friday that officials see challenges in restructuring the sprawling samsung conglomerate, with a continuing review revealing “adverse implications” to switching to a holding-company structure.the remarks by kwon oh-hyun, made at samsung electronics’ annual shareholders’ meeting on friday, cooled expectations that the south korean conglomerate, which includes the world’s largest...






samsung north america names new ceo


samsung has appointed tim baxter to serve as president and ceo of samsung electronics north america, effective immediately, the company announced tuesday.baxter currently serves as president and ceo of samsung electronics america (sea), and over the past decade he's managed different lines of business for samsung in the us, such as mobile and consumer electronics. in his new role, he'll continue to oversee all aspects of sea while overseeing samsung's long-term north american strategy. "we have a strong management team in place throughout the region and i look forward to working with them to grow our business while continuing to provide our customers in north america with the products and experiences they have come to expect of the samsung brand," baxter said in a statement. baxter replace






​samsung dex to feature daou office


samsung electronics and daou tech have launched the daou office optimized for use in samsung dex, the companies have announced.those using their galaxy s8 or s8 plus with daou office installed can connect their phones with samsung's dex station to the document package.there they can edit documents, write mail, perform electronics payments, and use instant messengers.daou tech is a south korean groupware firm that offers business and enterprise solutions in office and servers. daou office is being used by 600 local firms and was built to be compatible with mobile.samsung dex was introduced with s8 series earlier this year, and is a docking station that allows the phones to be used like a pc when connected with a keyboard and a monitor.it supports other office offerings from vendors such as






samsung's acquisition of harman finalized


samsung electronics has completed the acquisition of harman, the company revealed in a statement today. the deal, announced last november, was initially met with opposition by harman shareholders, but was later approved, and has now been finalized. stockholders will receive $112 per share.the necessary approvals by us and other countries' regulatory bodies have also been acquired.harman will operate as a standalone samsung subsidiary with current ceo dinesh paliwal keeping his seat. president and chief strategy officer of samsung electronics young sohn will be chairman of the board that will oversee harman operations. no changes will be made to harman's work force, headquarters, and facilities.source






samsung plans to build twice as many phones at indian plant


today, samsung’s indian division celebrated its inauguration of the site of expansion for the south korean company’s noida plan where it makes smartphones, tvs and refrigerators.the investment of over $762 million (inr 4,915 crore) is a testament of samsung’s commitment to india’s initiative called “make in india”, which calls to make india into a global design and manufacturing hub.samsung galaxy j7the 35 acre site’s inauguration opened in traditional fashion: with the indian government ministers and officials along with samsung electronics president and ceo of southwest asia, hc hong and ceo of samsung electronics co. ltd, jk shin.the expansion will double the production of smartphones and refrigerators in india. here’s samsung’s statement regarding the expansion.this new investment of i






samsung electronics expects highest quarterly operating profit in company histor


seoul—samsung electronics co., riding hot demand for its components, is forecasting its second-quarter operating profit will easily be the company’s highest ever, a sign the south korean technology giant’s business is thriving even after a year of political and product stumbles.samsung on friday said it expects second-quarter operating profit of about 14 trillion south korean won ($12.1 billion), a 72% increase from 8.14 trillion...






samsung pay: news, features, support, availability, and more


mobile payments have come a long way since apple made a huge push into the space with apple pay in 2014. google introduced android pay last year, and samsung has joined the fray with its own mobile payment system called samsung pay. here’s what you need to know about it.more:everything we know about the samsung galaxy s8samsung passat the samsung galaxy s8 unpacked event, samsung unveiled a new way to use samsung pay on websites and other online services — samsung pass. but what does it do? the main goal here is to make samsung pay easier to use, so samsung pass stores your passwords and lets you use biometric data — like your fingerprint — instead. that means you won’t have to waste time trying to remember and enter your individual passwords for each service.it’s really a very handy featu






samsung's next gear vr hmd includes a tracked controller


samsung is firing back at google’s daydream vr system. the electronics company revealed that its third-generation consumer-grade vr hmd features a tracked controller. google just lost its biggest advantage.during samsung’s presentation at mobile world congress 2017, the korean electronics giant announced the samsung gear vr with controller, which, as you probably guessed, includes a motion controller like the one that google provides with the daydream view hmd. the gear vr controller features buttons for home, back, and volume control. it also includes a clickable trackpad like the one found on the htc vive controllers, as well as a trigger on the back. samsung loaded the controller with an accelerometer, gyrometer, and magnetic sensors to offer limited motion control. when not in use, the






south korean investigators seek arrest of samsung heir again


seoul, south korea — south korean prosecutors are attempting for a second time to arrest samsung's de facto leader, who faces bribery allegations in connection with a massive political scandal.special prosecutors investigating the influence-peddling scandal that led to the president's impeachment said tuesday they have asked a court to issue an arrest warrant for lee jae-yong, the vice chairman of samsung electronics. they also are seeking an arrest warrant for samsung electronics president park sang-jin.this is the second attempt by prosecutors to arrest lee, the heir to the samsung group. last month, a court said there was not enough evidence to justify lee's arrest at that point.lee has denied allegations that he bribed president park geun-hye and her long-time friend to win government






samsung plans u.s. expansion, would shift manufacturing from mexico


seoul—samsung electronics co. is planning a major investment to expand its u.s. production facilities, according to people familiar with the matter, with at least five states in discussions.the initial capital investment is expected to be around $300 million, several of the people said, with samsung shifting some production of oven ranges to...






​samsung pay now available on gear s3 in korea


samsung electronics has rolled out its namesake mobile payment service for the gear s3 smartwatch line in korea, the company announced.the deployment of samsung pay comes months after gear s3 and s3 frontier were launched in november last year in its home country.the delay is a result of a long review of the service by partnered financial institutions and credit card firms.samsung pay mini, the payment's version for non-samsung smartphones, will also launch in korea, the company said.those with up-to-date samsung pay or samsung pay mini on their smartphones as well as the samsung gear app can use the service right away.it will support samsung, hyundai, hana, and lotte cards, while kb kookmin card will be available sometime later this month. samsung pay is expanding globally and in march wa






samsung sells over 1.3m galaxy s8 units in korea alone


samsung announced the sales of the galaxy s8 and the galaxy s8+ surpassed the 1.3 million mark in south korea. the number amounts for around 12,000 new phones every day, smashing the company's previous records.the galaxy s8 sold 1 million phones in 37 days. according to sources, this is almost twice faster than the samsung galaxy s7 or the samsung galaxy s6. the announcement also led to a record high price of samsung electronics stocks.samsung is planning to start selling blue coral and pink gold color options of the galaxy s8 duo, along with the reborn galaxy note 7r phone. the company hopes these will persuade even more people to hit the shops now instead of waiting until september to see what apple has to unveil.source






samsung pay: news, features, support, availability, and more


mobile payments have come a long way since apple made a huge push into the space with apple pay in 2014. google introduced android pay last year, and samsung has joined the fray with its own mobile payment system called samsung pay. here’s what you need to know about it.more:everything we know about the samsung galaxy s8which devices support samsung pay?samsung pay is limited to the galaxy s7, galaxy s7 edge, galaxy s6, s6 edge, s6 edge plus, note 5, and gear s2 for now. it also now works with samsung’s new smartwatch, the gear s3 — and you don’t need to connect a samsung phone for it to work.going forward, all of samsung’s devices will support samsung pay. that’s according to koh dong-jin, president of the company’s mobile business division. “we have decided to preinstall samsung pay devi






samsung heir lee jae-yong indicted in corruption scandal


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this jan. 18, 2017, file photo, lee jae-yong, front, a vice chairman of samsung electronics co. arrives for the hearing at the seoul central district court in seoul, south korea.(photo: lee jin-man, ap) 722 connectlinkedinemailmoresamsung heir lee jae-yong and four other senior executives from the electronics giant were indicted tuesday on charges including embezzlement and bribery, south korean prosecutors said.lee is the vice chairman of samsung electronics, the world's largest smartphone maker. he is accused of paying $3






samsung heir lee jae-yong indicted in corruption scandal


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this jan. 18, 2017, file photo, lee jae-yong, front, a vice chairman of samsung electronics co. arrives for the hearing at the seoul central district court in seoul, south korea.(photo: lee jin-man, ap) 9095 connectlinkedinemailmoresamsung heir lee jae-yong and four other senior executives from the electronics giant were indicted tuesday on charges including embezzlement and bribery, south korean prosecutors said.lee is the vice chairman of samsung electronics, the world's largest smartphone maker. he is accused of paying $






samsung heir lee jae-yong indicted in corruption scandal


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this jan. 18, 2017, file photo, lee jae-yong, front, a vice chairman of samsung electronics co. arrives for the hearing at the seoul central district court in seoul, south korea.(photo: lee jin-man, ap) 9856 connectlinkedinemailmoresamsung heir lee jae-yong and four other senior executives from the electronics giant were indicted tuesday on charges including embezzlement and bribery, south korean prosecutors said.lee is the vice chairman of samsung electronics, the world's largest smartphone maker. he is accused of paying $






samsung heir lee jae-yong indicted in corruption scandal


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this jan. 18, 2017, file photo, lee jae-yong, front, a vice chairman of samsung electronics co. arrives for the hearing at the seoul central district court in seoul, south korea.(photo: lee jin-man, ap) 3663 connectlinkedinemailmoresamsung heir lee jae-yong and four other senior executives from the electronics giant were indicted tuesday on charges including embezzlement and bribery, south korean prosecutors said.lee is the vice chairman of samsung electronics, the world's largest smartphone maker. he is accused of paying $






samsung heir lee jae-yong indicted in corruption scandal


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this jan. 18, 2017, file photo, lee jae-yong, front, a vice chairman of samsung electronics co. arrives for the hearing at the seoul central district court in seoul, south korea.(photo: lee jin-man, ap) 8304 connectlinkedinemailmoresamsung heir lee jae-yong and four other senior executives from the electronics giant were indicted tuesday on charges including embezzlement and bribery, south korean prosecutors said.lee is the vice chairman of samsung electronics, the world's largest smartphone maker. he is accused of paying $






samsung heir lee jae-yong indicted in corruption scandal


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this jan. 18, 2017, file photo, lee jae-yong, front, a vice chairman of samsung electronics co. arrives for the hearing at the seoul central district court in seoul, south korea.(photo: lee jin-man, ap) 5901 connectlinkedinemailmoresamsung heir lee jae-yong and four other senior executives from the electronics giant were indicted tuesday on charges including embezzlement and bribery, south korean prosecutors said.lee is the vice chairman of samsung electronics, the world's largest smartphone maker. he is accused of paying $






samsung heir lee jae-yong indicted in corruption scandal


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this jan. 18, 2017, file photo, lee jae-yong, front, a vice chairman of samsung electronics co. arrives for the hearing at the seoul central district court in seoul, south korea.(photo: lee jin-man, ap) 7145 connectlinkedinemailmoresamsung heir lee jae-yong and four other senior executives from the electronics giant were indicted tuesday on charges including embezzlement and bribery, south korean prosecutors said.lee is the vice chairman of samsung electronics, the world's largest smartphone maker. he is accused of paying $






lawyers deny all charges against samsung heir


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this feb. 22, 2017, file photo, lee jae-yong, center, vice chairman of samsung electronics co., arrives at the office of the independent counsel in seoul, south korea.(photo: ahn young-joon, ap) 9 connect 1 linkedinemailmoreseoul, south korea - samsung lawyers denied on thursday all charges brought against lee jae-yong, the billionaire heir to samsung, in a massive corruption scandal that has ensnared the country’s president.lee’s lawyers told a court that prosecutors are unfairly trying to create an impression lee is guilt






lawyers deny all charges against samsung heir


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this feb. 22, 2017, file photo, lee jae-yong, center, vice chairman of samsung electronics co., arrives at the office of the independent counsel in seoul, south korea.(photo: ahn young-joon, ap) 9 connect 1 linkedinemailmoreseoul, south korea - samsung lawyers denied on thursday all charges brought against lee jae-yong, the billionaire heir to samsung, in a massive corruption scandal that has ensnared the country’s president.lee’s lawyers told a court that prosecutors are unfairly trying to create an impression lee is guilt






lawyers deny all charges against samsung heir


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this feb. 22, 2017, file photo, lee jae-yong, center, vice chairman of samsung electronics co., arrives at the office of the independent counsel in seoul, south korea.(photo: ahn young-joon, ap) 7 connect 1 linkedinemailmoreseoul, south korea - samsung lawyers denied on thursday all charges brought against lee jae-yong, the billionaire heir to samsung, in a massive corruption scandal that has ensnared the country’s president.lee’s lawyers told a court that prosecutors are unfairly trying to create an impression lee is guilt






galaxy s8 complaints throw shade on samsung’s u.s. launch


seoul—after rave reviews for its latest flagship smartphone, samsung electronics co.’s galaxy s8 reaches u.s. consumers this week in one of the most closely watched product launches of the year.samsung needs a seamless start for the s8 to help win back consumer trust, following its costly recall last year of 3 million galaxy note 7 devices due...






lawyers deny all charges against samsung heir


closeskip in skipxembedxshare samsung electronics' link to a scandal that has gripped south korea and lead to the impeachment of its president deepened tuesday after authorities formally charged the heir to the company's founder with bribery and embezzlement. newslookin this feb. 22, 2017, file photo, lee jae-yong, center, vice chairman of samsung electronics co., arrives at the office of the independent counsel in seoul, south korea.(photo: ahn young-joon, ap) 5 connectlinkedinemailmoreseoul, south korea - samsung lawyers denied on thursday all charges brought against lee jae-yong, the billionaire heir to samsung, in a massive corruption scandal that has ensnared the country’s president.lee’s lawyers told a court that prosecutors are unfairly trying to create an impression lee is guilty b






samsung launches galaxy s8 smartphone


new york—samsung electronics co. unveiled a new flagship smartphone on wednesday, its first attempt to bounce back after a year in which the south korean technology giant was beset by product-safety concerns.the samsung galaxy s8 device is longer and slimmer than prior premium models. the screen now pushes to the edge of the device’s top and...






samsung faces big test as galaxy s8 launches in u.s.


seoul—after rave reviews for its latest flagship smartphone, samsung electronics co.’s galaxy s8 reaches u.s. consumers this week in one of the most closely watched product launches of the year.samsung needs a seamless start for the s8 to help win back consumer trust, following its costly recall last year of 3 million galaxy note 7 devices due...






south korea's samsung mulls building us appliance factory


seoul, south korea — south korea's samsung electronics said friday it's considering building a factory to make household appliances in the united states as various industries brace for potential protectionist trade policies under the administration of president donald trump.a spokeswoman for samsung said the plans were "purely in the evaluation stage" and no decisions have been made. she didn't want to be named, citing office rules.samsung also said in an emailed statement on friday that it continues to ess "new investment needs in the united states. the news drew the attention of trump, who tweeted "thank you, @samsung! we would love to have you!"most samsung televisions, refrigerators and other household appliances sold in the united states are made in mexico.the spokeswoman refused to s






samsung, facing calls for a shake-up, offers ‘plan b’


seoul—samsung electronics co. surprised investors and south korean lawmakers on thursday by saying the conglomerate, held together by a complex web of cross-shareholdings, would cancel some $35 billion in legacy treasury shares and forgo restructuring into a holding company.the crown jewel of the samsung empire decided to keep its ownership structure amid a once-in-a-generation transfer of power, in an unexpected break from...






samsung could be moving its home appliance business to the u.s.


why it matters to you just weeks after rival lg announced a new manufacturing factory in the u.s., it looks like samsung could be planning to follow suit.samsung looks to be making moves … right on over to the united states. according to a new report from the korea herald, the south korean tech giant is looking into relocating its manufacturing facilities for home appliances to the u.s. a senior samsung official confirmed the previously reported rumors on thursday, which would bring the home appliances division north out of its current location in mexico.the confirmation came at a media event at which samsung debuted its newest premium washing machine known as the “flex wash.” at the unveiling, suh byung-sam, executive vice president of the digital appliances business of the consumer elect






samsung invests ₹4,915 crore to double production capacity in india


samsung has announced an investment of ₹4,915 crore to double the production capacity for smartphones and refrigerators at its second indian factory based in noida, new delhi.in a statement on wednesday, the south korean electronics giant said the investment represents its commitment to the indian government's flagship "make in india" initiative. indian prime minister narendra modi's government kickstarted the initiative in an effort to attract foreign direct investment and the manufacturing jobs that it would bring with it, especially to the electronics manufacturing sector.samsung's investment also reaffirms its own "make for india" program aimed at designing products specifically for indian consumers, the electronics giant said. the funds will be used over three years to expand the noid






samsung chief faces arrest again over korean bribery scandal


an arrest warrant for samsung boss lee jae-yong has been filed for a second time by special prosecutors investigating the korean political scandal involving the country's president.investigators grilled lee, the de facto boss of the entire samsung business group, on monday for 15 hours as a suspect. the court will review the filing friday and decide whether to arrest him pending trial.he faces bribery charges for allegedly having samsung electronics pay a close friend of impeached president park geun-hye to gain government support in a controversial merger between two of the group's companies. the samsung electronics vice chairman was quizzed last month and prosecutors subsequently filed an arrest warrant but the judge rejected it for "lack of reasoning".since then, investigators interview






lawyers deny all charges against samsung heir


seoul, south korea — samsung lawyers have denied all charges brought against lee jae-yong, the billionaire heir to samsung, in a massive corruption scandal that has ensnared the country's president.lee's lawyers told a court thursday that prosecutors are unfairly trying to create an impression lee is guilty by mentioning a past conviction of his father and by depicting lee as having absolute control over a strategy office that allegedly engaged in bribery.the 48-year-old samsung electronics vice chairman was arrested and indicted last month on bribery, embezzlement and three other charges. four other samsung executives were charged. they were not at the trial.prosecutors believe that lee and his aides used samsung corporate funds to bribe president park geun-hye and her close friend in exc






samsung acquires greek text-to-speech startup innoetics for under $50m


with the launch of bixby and reports that samsung is building its own competitor to amazon’s echo, the consumer electronics giant has now made an acquisition that could help power its next generation of voice-powered services. samsung has acquired innoetics, a startup out of greece that has developed text-to-speech and voice-to-speech technology that can, among other things, listen to a person speaking, train on what that person is saying, and then read out a piece of completely unrelated text in that same voice.innoetics had been working primarily on b2b services up to now, with telcos and other businesses using its tech by way of a set of apis. innoetics has now posted a note on on the homepage of its website announcing  that these b2b services have now been discontinued.it’s not clear y






samsung plans to provide vr streaming for the 2018 winter olympics


samsung electronics wants to take sports fans to a new level of engagement with virtual reality live streams directly from the slopes of pyeongchang during the olympic games in the korean city next year. today, samsung representatives met with the information and communication vice-minister and delegates of lg along with members from telecoms skt and kt.samsung provided a similar service for the olympics in rio last summer, enabling vr headset users to view exclusive coverage of sports. the big difference that the company wants to make is a live stream of the events - something that can happen if there is robust and sufficient 5g network. if samsung and kt manage to carry this out, they could be the first in the world to do so.source






facebook video app now available on samsung smart tvs


why it matters to you facebook's new samsung smart tv app offers a convenient way to watch videos and live-streams from people and pages on a bigger screen.you can now tune into facebook videos from your friends, and global live broadcasts, on your tv — if you own a samsung smart tv that is.on monday, the south korean electronics manufacturer announced that the social network’s much-touted new app is exclusively available on its line-up of smart tvs at launch. facebook also plans to bring the app to apple tv and amazon fire tv.more: comcast’s xfinity stream app will offer remote access to dvr recordingssamsung describes the facebook video app as a new way to enjoy a mix of personal and public broadcasts on the biggest screen in your home. the app is available on all of the company’s 2015-2






the american serial killer the media won't talk about: kermit gosnell


dr. kermit gosnell was convicted of murdering four people, including three babies, and it is suspected that he also killed hundreds, if not thousands of others in his “house of horrors” abortion clinic. ann mcelhinney and phelim mcaleer join the federalist radio hour to discuss their book, “gosnell: the untold story of america’s most prolific serial killer” and the upcoming film adaptation.“he’d give the women drugs to make them give birth… the babies were born alive and then he would kill them by stabbing them with scissors,” mcaleer said. “he’s in prison because he committed murder… his death toll goes back decades.”mcaleer and mcelhinney have made a dramatic film telling the story and drama of gosnell. “i think we felt a documentary wouldn’t have the same penetration in terms of story,