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Samsung Group

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Samsung Targets US Drug Market With Remicade Knockoff

Wall Street Journal - ‎May 23, 2016‎
SEOUL—Samsung Group said Tuesday its near-replica of Johnson & Johnson JNJ 0.59 % 's blockbuster arthritis drug Remicade has been accepted for review by the U.S.
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Creditors turn down Samsung Heavy Industries' self-rescue plan, want group to do more

pulse - ‎May 19, 2016‎
The self-rescue plan submitted by South Korea's Samsung Heavy Industries on Tuesday in exchange for relief in debt worth 2.9 trillion won ($2.4 billion) has failed to satisfy its main creditor Korea Development Bank (KDB), according to multiple ...
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Samsung And Alibaba Group Holding Ltd's (NYSE:BABA) Ant Financial Pair Up For Chinese Mobile Payments Platform

TCC - ‎May 20, 2016‎
For years, Apple and Samsung were locked in a struggle for global dominance in the smartphone market, especially in the high end specs, but Samsung lost ground against Apple Inc.'s (NASDAQ:AAPL) foray into China where the South Korean company has ...

Regulator urges Samsung to join in rescue plan

Hellenic Shipping News Worldwide - ‎May 24, 2016‎
The financial regulators asked Samsung to help the group's shipbuilding affiliate, Samsung Heavy Industries (SHI), update its self-rescue plan.

Samsung Experts Put Kubernetes Through The Paces

The Next Platform - ‎May 24, 2016‎
The Samsung Group conglomerate, a $305 billion behemoth that makes semiconductors, appliances, electronics, heavy equipment, chemicals, as well as providing financial and other kinds of services, was one of the early adopters of OpenStack and it has ...

Huawei sues Samsung over mobile device patents

Financial Times - ‎May 24, 2016‎
Huawei, the Chinese technology group, is suing Samsung of South Korea for allegedly infringing its patents on mobile devices.
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Samsung Has A New Bendy Phone Problem

Forbes - ‎1 hour ago‎
Samsung's future Golden Goose, its game-changing flexible smartphone, might face some unforeseen stiff competition from a new Chinese startup.
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iPhone and Samsung assembler Foxconn replaces 60000 employees with ROBOTS

Daily Mail - ‎1 hour ago‎
This comes a week after Microsoft announced the sale of its feature phone business to a new Finnish company HMD Global and its Taiwanese partner, FIH Mobile of Foxconn Technology Group, which will jointly begin manufacturing handsets and tablets ...
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Samsung's shipbuilding unit tries turnaround

Korea JoongAng Daily - ‎May 19, 2016‎
It was the first time in 17 years that a Samsung affiliate was forced to come up with a turnaround plan for a creditor. The last time was during the Asian financial crisis of the late 1990s when Samsung Motors, then the automotive arm of group, faced a ...

Samsung C&T plunging in stock market National Pension sustains loss from Samsung C&T

Korea Times - ‎May 17, 2016‎
The company has been faltering both domestically and internationally since last September when it merged with Cheil Industries, the Samsung Group's fashion and resort firm. Its construction sector failed to win orders in the Middle East due to low oil ...
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Huawei Slaps Samsung with Patent Infringement Lawsuits over 4G Tech

Bidness ETC - ‎May 25, 2016‎
Samsung Group (OTCMKTS:SSNLF) finds itself facing a new patent infringement lawsuit, this time not from an American company, but closer to home: from telecom-equipment maker Huawei Technologies, in China.
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Samsung will no longer make Android Wear devices, all in with Tizen OS [Update]

9 to 5 Google - ‎May 24, 2016‎
Update: Samsung has refuted the Fast Company article in a statement: “We disagree with Fast Company's interpretation.

Top 30 biz groups reduce executives by nearly 500 in one year

Yonhap News - ‎May 24, 2016‎
In contrast, Hanwha Group, whose main businesses include defense and solar power, hired 65 more senior executives to have 437 after acquiring Samsung's defense and petrochemical subsidiaries in a deal valued at 1.9 trillion won (US$1.6 billion).
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Samsung and SK Telecom to launch world's first nationwide network for the Internet of Things in South Korea

TechCrunch - ‎May 25, 2016‎
Backed by non-profit group LoRa Alliance (which counts SK Telecom among its members), LoRaWAN represents an attempt to standardize LPWAN (low-power wide-area networks), which are meant to offer a cheaper and more power-efficient alternative to ...

China's Huawei files patent lawsuits against Samsung

동아일보 - ‎16 hours ago‎
On Tuesday (local time), Huawei filed a petition against Samsung Electronics to a U.S. District Court in San Francisco and the Shenzhen People's Court, saying that Samsung Group companies including Samsung Electronics have infringed on 12 patents: four ...
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OLED panels to replace LCDs in smartphones: reports

Korea Times - ‎9 hours ago‎
Last month, Samsung Display, a flat panel maker under the Samsung Group, inked a deal with Apple to supply its OLED display panels.

Samsung Biologics picks Citigroup, four others to manage IPO

Reuters - ‎May 19, 2016‎
SEOUL Samsung Biologics Co Ltd, the biopharmaceutical contract manufacturing affiliate of Samsung Group [SAGR.UL], said on Thursday it has chosen Citigroup, JPMorgan, Credit Suisse and two others as advisors for its planned initial public offering.
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Lenovo posts $128 million net loss last year

Deccan Chronicle - ‎1 hour ago‎
They have not done extremely well in China, other brand names are doing much better," said Wong, the associate director for Simsen Financial Group, adding that their traditional business of manufacturing PCs is in decline.Analyst Dickie Wong of ...
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Animal Rights Group Cover Themselves in Blood and "Human Meat" Packaging to Protest Barcelona Meat ...

University Herald - ‎4 hours ago‎
This weekend an animal rights group in Barcelona held an unforgettable kind of demonstration that involved nudity, "human meat" packaging and lots of fake blood.