Samsung

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Samsung Billionaire's 3 Years of Freedom Are Over

Lee Jae-yong's retrial in S. Korea corruption scandal earns him 2.5 years more in prison

(Newser) - Billionaire Samsung scion Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a 2.5-year sentence for his involvement in a 2016 corruption scandal that spurred massive protests and ousted South Korea's then-president. In a much-anticipated retrial, the Seoul High Court found...

Founder of Electronics Dynasty Has Died

Lee Kun-hee transformed Samsung

(Newser) - The man who turned Samsung into a tech powerhouse—and nearly lost it all amid white-collar crime convictions—died Sunday in Seoul, the Washington Post reports. Lee Kun-hee was 78. "Chairman Lee was a true visionary who transformed Samsung into the world-leading innovator and industrial powerhouse from a local...

Samsung's New Phone Costs $2K
Samsung's New
Phone Costs $2K

Samsung's New Phone Costs $2K

Folding phone is 'definitely a luxury device'

(Newser) - Samsung has again unveiled a folding phone with a price tag of almost $2,000—and it says the $1,999 Galaxy Z Fold 2 won't suffer from the issues that plagued the original Galaxy Fold last year. Samsung says the phone, its third folding phone and one that...

Samsung Galaxy Users Creeped Out by Weird Notification

But company says 'Find My Mobile 1' was just a mistake, no big deal

(Newser) - Samsung Galaxy users worldwide were confused late Wednesday and early Thursday by a notification from "Find My Mobile" that read simply "1" and did nothing when clicked other than disappear. (A Twitter search reveals words and phrases like "creepy," "freaked out," and "mysterious,...

They Were About to Let the Horses Out. Then, a Crash

'Oh my look what fall out of the sky'

(Newser) - Samsung describes the return to Earth of its "SpaceSelfie" device as an "early soft landing in a selected rural area," though that "soft landing" turned out to be a bit startling, and even a little mysterious, for the Michigan couple that found it had crash-landed on...

Breakage Postpones Samsung's Folding Phone

Reviewers reported problems with test models

(Newser) - Samsung is pushing back this week's planned public launch of its highly anticipated, $2,000 folding phone after reports that reviewers' phones were breaking , the AP reports. The company had been planning to release the Galaxy Fold on Friday, but instead it will now run more tests and announce...

New Folding Phones Are Already Breaking

Reviewer says Galaxy Fold was 'unusable' after 2 days

(Newser) - Some of Samsung's new, almost $2,000 folding phones appear to be breaking after just a couple of days. Journalists who received the phones to review before the public launch say the Galaxy Fold screen started flickering and turning black before completely fizzling out, the AP reports. Two journalists...

Samsung Unveils Foldable Phone— With Hefty Price Tag

Galaxy Fold will cost $1,980

(Newser) - Samsung unveiled a highly anticipated smartphone with a foldable screen in an attempt to break the innovation funk that has beset the smartphone market. But it's far from clear that consumers will embrace a device that retails for almost $2,000, or that it will provide the creative catalyst...

After More Than 10 Years, Samsung Workers Get an Apology

And compensation as company says sorry for employee illnesses, deaths

(Newser) - Samsung Electronics apologized Friday for illnesses and deaths of some of its workers, saying it failed to create a safe working environment at its computer chip and display factories. The announcement by the South Korean tech giant came weeks after the company and a group representing ailing Samsung workers agreed...

Apple and Samsung Settle Epic Patent Infringement Battle

The companies filed a notice in federal court that they have agreed to drop the case

(Newser) - An epic legal battle between smartphone titans is finally over. Apple and Samsung have settled their seven-year patent dispute over Apple’s allegations that Samsung copied the iPhone’s design and software, reports CNN . Terms were not available, but according to the Wall Street Journal , the companies filed a notice...

Jury: Samsung Owes Apple $539M for Copying iPhone

Ruling seen as a big win for Apple

(Newser) - A jury has decided Samsung must pay Apple $539 million in damages for illegally copying some of the iPhone's features to lure people into buying its competing products. The verdict reached Thursday is the latest twist in a legal battle that began in 2011, the AP reports. Apple contends...

Samsung Heir Walks Free After Surprise Court Decision

Lee Jae-yong spent a year in prison

(Newser) - Samsung heir Lee Jae-yong was freed Monday after a South Korean appeals court gave him a 2.5-year suspended jail sentence for corruption in connection with a scandal that toppled the country's president. The Seoul High Court softened the original ruling against Lee , rejecting most of the bribery charges...

Only 3 Non-Tech Brands Make 'Most Valuable' Top 10

Apple is No. 1, followed by Google and Microsoft

(Newser) - If you wanted to create a brand from scratch and make it a valued household name, the tech sector is probably a good place to start. Per City AM , Interbrand looked at some of the world's biggest brands, then ranked their value—and seven that made it into the...

Billionaire Samsung Heir Sentenced to 5 Years In Prison

Lee Jae-yong guilty of bribing former president

(Newser) - A South Korean court has sentenced the billionaire Samsung heir to five years in prison for bribery and other crimes that fed public anger leading to the ouster of Park Geun-hye as South Korea's president. The Seoul Central District Court said Friday that Lee Jae-yong , 49, was guilty of...

Most Loved and Hated Telecom Companies in US

Sorry, Mediacom

(Newser) - Believe it or not, Comcast is not the most hated telecommunications company in the country. The American Customer Satisfaction Index, out Tuesday, ranks America's most loved and hated companies offering pay-TV, phone, and internet service, and though Comcast finds itself among the least loved companies, it's not the...

'Trial of the Century' Begins in S. Korea
'Trial of the
Century' Begins
in S. Korea
RUNDOWN

'Trial of the Century' Begins in S. Korea

It'll be fierce, if first hearing is any indication

(Newser) - The "trial of the century" has begun in South Korea, where a vice chairman at Samsung Electronics faces bribery and embezzlement charges after allegedly giving $36 million to President Park Geun-hye and her close friend Choi Soon-sil in order to win government support for a 2015 merger. Lee Jae-Yong,...

After Shock Arrest of Samsung Heir, the Indictment

Lee Jae-yong faces bribery, embezzlement charges

(Newser) - Following a three-month investigation, South Korean special prosecutors indicted Samsung's de facto chief Tuesday on bribery, embezzlement, and other charges linked to a political scandal that has toppled President Park Geun-hye . The indictment of Lee Jae-yong, a vice chairman at Samsung Electronics and the only son of the ailing...

S. Korea Stunned by Arrest of Samsung Leader

Lee accused of bribing government

(Newser) - South Korea was taken by surprise Friday with the arrest of the scion of the country's richest family and de facto leader at Samsung over his alleged involvement in a massive corruption scandal that engulfed the president and riveted the nation. Prosecutors believe Lee Jae-yong, 48, a vice chairman...

Samsung Battery Supplier Hit by ... Yes, Fire

Facility in China reportedly burned because of waste, which included batteries

(Newser) - Samsung recently offered an explainer on why its Galaxy Note 7 smartphones have been exploding (it was reportedly the batteries). Now the company is going to have to get into a cruel coincidence at one of its supplier's factories. Per Bloomberg , Samsung SDI Co., one of two manufacturers that...

Samsung: Here's Why Phones Caught Fire

Batteries were to blame, company says

(Newser) - One of the worst fiascos in smartphone history was caused not by faulty hardware or software, but by faulty batteries from two different manufacturers, Samsung says. In a Monday press conference in Seoul, the company said early Galaxy Note 7 fires were caused by ill-fitting battery components, the BBC reports....

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