Samsung has postponed the development of a new line of tablets due to the continued low demand for consumer electronics from the global recession.Development for the Galaxy Tab S9 series was scheduled to start in December but this has been pushed back to 2023, sources said.The company is planning to

Samsung has dropped its smartphone shipment target for 2022 from the previous 300 million units to 260 million units, TheElec has learned.Earlier in the year, the South Korean tech giant had planned to manufacture a total of 334 million units of smartphones with the goal of shipping around 300 milli

Samsung will ship 11 million units of its upcoming Galaxy Z Fold 4 and Galaxy Z Flip 4 foldable smartphones by the year’s end, analyst firm Omdia says.While when achieved, this will be over 50% higher than last year’s shipment for Fold 3 and Flip 3, it falls short of the tech giant’s internal target

LG Electronics has offered compensation to current and former employees for the patents they helped develop, TheElec has learned.It marks the first time for the company to offer such compensation.LG Electronics has currently involved in around 50 lawsuits with employees over patents, which likely sp

As Samsung is gearing up for the launch of its new foldable smartphones this year, it has in turn set a more conservative shipment target for its follow-ups to launch next year, TheElec has learned.This was because of the overall dim outlook for smartphone sales going forward as well as economic und

Samsung has temporarily suspended the purchase of liquid crystal display (LCD) panels due to low demand for TVs, TheElec has learned.It had sent such a notice in mid-June and those affected by the halt include display panel makers BOE, CSOT, HKC, AUO and Innolux, sources said.The move is expected to

Samsung had nearly 50 million units of smartphones in distributor stocks, TheElec has learned.Its mid-tier Galaxy A series took up a huge portion of smartphones in inventory being read to be sold, sources said.They said Samsung is aiming to ship around 270 million units of smartphones this year and

Samsung’s share based on shipment in premium TVs in China has dropped substantially over two years, analyst firm Display Supply Chain Consultant (DSCC) says.Samsung’s late-20% share in 2019 dropped to late-10% in 2021, the firm said.It dipped below 20% for the first time during the fourth quarter of

Samsung is planning to increase its joint development manufacturing (JDM) of smartphones more than it initially planned this year, TheElec has learned.The South Korean tech giant is planning to increase the volume of smartphones produced by its Chinese contract makers by 20 million units for a total

Unit shipment of OLED notebooks this year is expected to reach 8.9 million units in 2022, according to analyst firm Omdia.This will be a 78% increase from the 5 million units shipped last year, the analyst firm said, accounting for 3.4% of the total notebook that is expected to be shipped this year.

Samsung vice chairman and CEO JH Han apologized to customers and shareholders on Wednesday during the company’s annual shareholder’s meeting on the controversy around a preinstalled app on the Galaxy S22 series that allegedly limited performance.Han said the company failed to appreciate customer con

LG Electronics was planning to license out its patents related to smartphone and mobile technologies, TheElec has learned.The company has been reviewing various ways to use these patents since it exited the smartphone business last year.LG Electronics holds some 20,000 patents related 4G, 5G, Wi-Fi

Samsung had sold more smartphones with liquid crystal display (LCD) panels than those sporting OLED panels last year, according to analyst firm Omdia.The tech giant shipped 135.1 million units of OLED smartphones in 2021, which accounted for 49.7% of its total shipment, the firm said.At the same tim

The global shipment of OLED smartphones last year increased 33.4% compared to a year prior, according to analyst firm Omdia.A total of 535 million units were shipped last year __ compared to 2020’s 480 million units, the firm said.Apple accounted for 33.3% of the latest total, followed by Samsung’s

South Korean automobile giant Kia said on Thursday that it was aiming to sell 1.2 million units of electric vehicles (EV) in 2030.Kia CEO Song Ho-sung also said that it is aiming to have 52% of the car models launched that year to be environmentally friendly.In terms of total vehicle unit sales, the

Hyundai Motor said on Wednesday that it was aiming to sell 1.87 million units of electric vehicles (EV) in the global market in the year 2030, which will be equivalent to 7% of the global market share.Hyundai Motor CEO Chang Jae-hoon also said during an online conference that it is aiming for an ope

Tractor maker Daedong was looking to acquire a lithium iron phosphate (LFP) battery packaging firm to expand into the smart mobility sector, TheElec has learned.After reviewing potential candidates, the company is looking into a firm that has an AI-based battery protection technology, sources said.T

Samsung’s market share in the premium TV market last year dropped slightly while those of LG’s increased, according to analyst firm Omdia.Omdia said Samsung Electronics' market share in TVs US$2,500 or higher priced dropped by 3.3 points last year from a year prior.The company, the world’s largest T

Samsung’s Galaxy Z Fold 4 launching later this year will have a designated slot for the S Pen stylus and come with a similar screen size as its predecessor the Galaxy Z Fold 3, TheElec has learned.The South Korean tech giant has recently finalized its plan to make a designated slot on the foldable p

Samsung unveiled its latest flagship smartphone series Galaxy S22 with upped camera features as well as one model housing the S Pen stylus like the Galaxy Note.Galaxy S22 series comes in three models: Galaxy S22 Ultra, Galaxy S22 Plus and Galaxy S22.Galaxy S22 Ultra comes with a dedicated port for t