Latest Samsung Electronics Co Ltd News

SK Telecom's AI speaker Nugu built with an artificial intelligence called

In virus-hit South Korea, AI monitors lonely elders

May. 31, 2020 5:32 AM EDT

SEOUL, South Korea (AP) — In a cramped office in eastern Seoul, Hwang Seungwon points a remote control toward a huge NASA-like overhead screen stretching across one of the walls. With each flick of the control, a colorful array of pie charts, graphs and maps reveals the search habits of thousands of South...

A former Samsung employee Kim Yong-hee receives a bouquet of flowers after coming down from on top of a 25 meter (82 foot) traffic camera tower in Seoul, South Korea, Friday, May 29, 2020. Kim was fired from the company in 1995 over what he says were his attempts to organize a labor union. (Yun Dong-jin/Yonhap via AP)

Fired Samsung worker ends tower protest following apology

May. 29, 2020 8:57 AM EDT

SEOUL, South Korea (AP) — A former Samsung employee who spent nearly a year protesting his firing by living atop a 25-meter (82-foot) traffic camera tower in South Korea’s capital was helped back down Friday after the business giant apologized over his plight. Kim Yong-hee, 60, waved a banner with a...

Lexington’s oldest hardware shop is a hidden treasure of PPE

May. 10, 2020 12:15 PM EDT

LEXINGTON, Ky. (AP) — When John and Lisa Justice finalized their purchase of Chevy Chase Hardware in December, they could not have planned for a global pandemic. But the newcomers to entrepreneurship adapted swiftly. They worked with suppliers to acquire face masks, cleaning supplies, bathroom tissue and...

Samsung Electronics Vice Chairman Lee Jae-yong speaks during a news conference at a company's office building in Seoul, South Korea, Wednesday, May 6, 2020. Lee on Wednesday issued a statement of remorse but offered no clear admission of wrongdoing over his alleged involvement in a 2016 corruption scandal that spurred massive street protests and sent South Korea’s then-president to prison. (Kim Hong-Ji/Pool Photo via AP)

Samsung's Lee apologizes over management, union busting

May. 6, 2020 5:59 AM EDT

SEOUL, South Korea (AP) — Samsung heir Lee Jae-yong on Wednesday expressed remorse but did not admit to wrongdoing over his alleged involvement in a 2016 corruption scandal that spurred massive street protests and sent South Korea’s then-president to prison. The vice chairman of Samsung Electronics,...

In this Tuesday, April 28, 2020 photo, a man passes by an advertisement of Samsung Electronics' Galaxy S20 Ultra and Galaxy Z Flip smartphone at its shop in Seoul, South Korea. Samsung Electronics Co. said Wednesday, April 29, its operating profit for the first three months of 2020 rose 3.4% from a year earlier driven by increasing demands for computer chips. However, the company predicted its profit would decline in the current quarter with the coronavirus pandemic eating into global sales of smartphones, TVs and other products. (AP Photo/Ahn Young-joon)

Samsung expects profit decline as pandemic hits sales

Apr. 29, 2020 12:05 AM EDT

SEOUL, South Korea (AP) — Samsung Electronics Co. said Wednesday its operating profit for the first three months of 2020 rose 3.4% from a year earlier driven by increasing demands for computer chips. However, the company predicted its profit would decline in the current quarter with the coronavirus...

Costco, Bank of NY rise; United Airlines, Rite Aid fall

Apr. 16, 2020 4:40 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Taiwan Semiconductor Manufacturing Co., up $2.74 to $52.40. The chipmaker's first-quarter profit nearly doubled thanks to surging demand. Costco Wholesale Corp., up $11.29 to $321.56. The membership warehouse chain raised its...