Samsung to Slice 10% of Workforce at Korea Headquarters
Samsung is prepared to lay off as much as 10% of the employees at its headquarters in South Korea, says the Korea Economic Daily. The company is likely targeting employees in the human resources, public relations, and finance departments. At last count, Samsung had about 99,000 employees at its South Korea headquarters, which means close to 10,000 workers may lose their jobs. The move is meant to help control costs. Samsung's latest wave of smartphones (Galaxy S6, S6 edge) haven't resonated with consumers as the company hoped, and Samsung has seen sales numbers drop for five months straight. Since April, Samsung has lost more than $40 billion in market value. Samsung did not confirm the Korea Economic Daily's report, which cited unnamed sources.
Samsung Resurrects the Note 7 'Fan Edition' for Korea
Samsung has brought the ill-fated Galaxy Note 7 back from the grave as the Note 7 Fan Edition. The Note 7 is infamous for battery problems that led to smoke, burns, fires, and other catastrophes.
Samsung to Issue Software Patches for Galaxy S8
Samsung today said it will push two software updates to its Galaxy S8 smartphone to resolve issues with screen tint and WiFi connectivity. Some S8 owners claim their devices have a reddish tint to the screen, while others say they cannot connect to WiFi networks.
Samsung Pay Rings Up Support from Wells Fargo
Samsung today said Wells Fargo cardholders can now add their account to Samsung Pay and make mobile payments at participating retailers around the U.S. The company claims it has more than 5 million registered users for Samsung Pay in the U.S.
Korea Won't Arrest Samsung Scion
A court in South Korea today rejected a request to arrest Samsung executive Lee Jae-yong. Prosecutors in a government bribery case wanted Lee held on counts of bribery, embezzlement, and perjury.
gee... wonder why
They sealed in the battery and removed expandable memory options.
Those were the biggest things they had going for them