Samsung says that it is setting aside 100B won ($85.8M) for compensation and prevention measures after some 200 of its employees contracted cancer through contact with dangerous substances. Samsung last year issued a “deep apology” for what was then believed to be 56 cases.
Samsung Electronics Stories August 3, 2015
Samsung Electronics Stories November 28, 2014
Many Samsung employees are expected to lose their jobs in the next week or two as the company is set to announce its annual personnel changes early next month. The company recently reported a 74% drop in mobile profits and is planning to produce 30% fewer smartphone models next year in the face of increasing competition from Chinese brands Xiaomi, Lenovo and Huawei.
Samsung Electronics Stories November 10, 2014
According to a new report from Reuters, Samsung plans to invest as much as $3 billion toward opening its second Vietnam-based smartphone factory in an effort to produce hardware at a lower cost. An unnamed government official confirmed that the project is ongoing, and a Samsung spokesperson shared that the company is in talks with the government over the investment.
South Korea’s Samsung Electronics Co Ltd (005930.KS) has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.
Samsung Electronics Stories September 4, 2014
Granted that isn’t Samsung’s official reason for launching the ruggedized version of the Galaxy Tab, which is both water and dust resistant, and protected against 1.2 metre drops. Samsung says that the Galaxy Tab Active is likely to appeal to business users who need to use tablets in places like construction sites and transport depots.
Along with the protective casing, the device has what is described as a tougher C-Pen stylus. You might wonder how many Galaxy Tab variants are needed, but the company says that it consulted with Fortune 500 companies to determine what was needed from a professional tablet … expand full story
Samsung Electronics Stories September 3, 2014
Samsung just announced the Galaxy Note 4 in White, Black, and a
Zune Gold and Hello Kitty Pink. Color taste aside, the update looks to be a solid one across the board.
Quick notes on standout features:
- LTE Category 6
- Latest Google Android OS (L)
- Design: Metal Frame, stronger glass
- Weight: 176g, 8.5mm thin
Quad HD 2560×1440 display
Snap note expands on Note’s bility to take notes, this time with a camera and some smart software.
The Galaxy Note 4 also offers an improved Fingerprint Scanner, to secure personal data and the world’s first UV sensor in a mobile device.
Our Galaxy Note 4 hands-on video:
Hit the Press release below for full details expand full story
Samsung Electronics Stories July 14, 2014
Following allegations that one of Samsung’s suppliers in China was using child labor despite passing three separate Samsung audits, the company has now suspended its contract with the supplier. It says that if the allegations are substantiated, it will permanently cease doing business with the supplier.
Samsung’s 2014 Sustainability Report originally claimed that no instances of child labor had been found, but China Labor Watch said that it had found examples of child labour at a Samsung supplier in Dongguan, China, with several children found to be working 11 hours a day … expand full story