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Samsung to sustain staggering loss following Galaxy Note 7 debacle

Samsung Electronics expects to be hit with a $3 billion loss in income due to the discontinuation of the Galaxy Note7 production and sales. The company...

New Samsung team to work on virtual reality, robotics, 3D printing, robotic telepresence, drones...

Samsung Electronics has established a new independent team that will work on developing hi-tech innovative business projects on virtual reality, robotic telepresence, drones and...

Samsung Electronics wins 80 prestigious awards at CES 2015 Innovations Awards

Samsung Electronics announced that it won 80 awards for its products at the Consumer Electronics Show (CES) 2015 Innovations Awards – the largest annual consumer...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.