Latest news with #RohTae-moon
Korea Herald
23-05-2025
- Korea Herald
Samsung launches ultra-slim Galaxy S25 Edge smartphone in S. Korea
Samsung Electronics Co. released the Galaxy S25 Edge, its thinnest smartphone to date, in South Korea on Friday, featuring a sleek 5.8-millimeter profile and a lightweight design at just 163 grams. Despite its slim form factor, the S25 Edge boasts high-end camera capabilities on par with the flagship Galaxy S25 Ultra model. It comes equipped with a 200-megapixel wide-angle main camera and a 12-megapixel ultra-wide lens for expansive framing. The device includes all Galaxy artificial intelligence-powered editing tools available in the S25 series. It runs on the latest Galaxy-exclusive Snapdragon 8 Elite chipset, Samsung's most powerful mobile processor to date. The S25 Edge is available in three colors -- Titanium Silver, Titanium Jet Black and Titanium Ice Blue -- and comes in 256 gigabyte and 512 gigabyte variants with an entry price of 1,496,000 won ($1,081) "The Galaxy S25 Edge is a culmination of top-tier design and performance with no compromise," said Roh Tae-moon, acting head of Samsung's device experience division. (Yonhap)
Korea Herald
14-05-2025
- Business
- Korea Herald
Samsung makes biggest acquisition in 8 years with $1.7b FlaktGroup deal
Tech giant eyes global HVAC leadership by integrating FlaktGroup's expertise with its smart solutions Samsung Electronics announced Wednesday that it has signed an agreement to acquire FlaktGroup, a German heating and cooling solutions provider, for 1.5 billion euros ($1.7 billion), marking its largest overseas acquisition in eight years. The tech giant said it will acquire 100 percent of the shares in the heating, ventilation and air conditioning company from European investment firm Triton, aiming to strengthen its HVAC business amid rapid market growth. It is Samsung's first multibillion dollar deal since acquiring Harman, a company specializing in automotive electronics and audio, in 2017. "Through the acquisition of FlaktGroup, an applied HVAC specialist, Samsung Electronics has laid the foundation to become a leader in the global HVAC business, offering a full range of solutions to our customers," said Roh Tae-moon, acting head of the Device eXperience Division at Samsung Electronics. "Our commitment is to continue investing in and developing the high-growth HVAC business as a key future growth engine." Samsung aims to complete the transaction within the year. Based in Herne, Germany, FlaktGroup boasts over a century of technological expertise and design capabilities, offering customized HVAC products and solutions for a broad range of clients. The company supplies high-efficiency, high-reliability HVAC systems to mission-critical facilities such as data centers requiring stable cooling, museums and libraries preserving sensitive artifacts, airports with high passenger volumes, and hospitals where hygiene and precise environmental control are essential. 'We are extremely pleased that FlaktGroup has become a part of Samsung Electronics,' said FlaktGroup CEO Trevor Young. 'As a global top-tier HVAC specialist with over a century of expertise, we have been trusted by large international clients for our technological and product innovations. With Samsung Electronics' global business foundation and investment, we expect to accelerate our growth even further.' FlaktGroup also provides industry-leading liquid and air cooling products for large-scale data centers, an area with high entry barriers due to the need for global supply capabilities and customized solutions. The company received the DCS Cooling Innovation of the Year Award last year in recognition of its technological leadership. According to market research cited by Samsung, the applied HVAC market is projected to grow from $61 billion in 2024 to $99 billion by 2030, with an annual growth rate of 8 percent. The data center cooling market is expected to grow even faster, at 18 percent annually. Samsung has been actively expanding its HVAC business in response to surging demand from data centers, fueled by the rise of technologies such as generative AI, autonomous driving and augmented reality. In May last year, Samsung established a joint venture with Lennox International to bolster its presence in the North American HVAC market, integrating Lennox's distribution channels with its own. Looking ahead, Samsung plans to offer a full suite of HVAC and building energy management systems by combining its building integration solutions with FlaktGroup's advanced HVAC control technologies. It also aims to expand its service and maintenance business in the global HVAC sector.
Korea Herald
14-05-2025
- Business
- Korea Herald
Samsung Electronics acquires German ventilation firm FlaktGroup Holding
Samsung Electronics Co. said Wednesday it has acquired FlaktGroup Holding GmbH, a Germany-based ventilation company, for 1.5 billion euros ($1.68 billion), marking its largest takeover in about eight years. The company has signed an agreement with European investment firm Triton to take over a 100 percent stake in the German heating, ventilation and air-conditioning company, according to Samsung Electronics. "Through the acquisition of FlaktGroup, an applied HVAC specialist, Samsung Electronics has laid the foundation to become a leader in the global HVAC business, offering a full range of solutions to our customers," said Roh Tae-moon, acting head of the device division at Samsung Electronics. "Our commitment is to continue investing in and developing the high-growth HVAC business as a key future growth engine." This is the South Korean tech giant's most significant acquisition since its $8 billion purchase of Harman International in 2017. Based in Herne, western Germany, FlaktGroup provides energy-efficient air solutions for a wide range of facilities, including data centers, airports, museums and commercial buildings. This acquisition is seen as part of Samsung Electronics' broader strategy to secure new growth drivers across HVAC, robotics, medical technology and consumer audio sectors. In particular, the global HVAC market is projected to grow from $61 billion in 2024 to $99 billion by 2030, at an annual growth rate of 8 percent, according to market research forecasts. The company sees strong potential in HVAC, especially as demand grows for data center solutions driven by trends in generative AI, robotics and autonomous technologies. Samsung Electronics expects to enhance its service and maintenance offerings by combining its building integration systems with FlaktGroup's HVAC control technologies, enabling a more comprehensive suite of energy management tools. Samsung has been expanding its HVAC business with a focus on ductless systems for residential and commercial use. In May 2024, Samsung Electronics formed a joint venture with Lennox International Inc. to accelerate its HVAC presence in North America. (Yonhap)
Korea Herald
13-05-2025
- Korea Herald
Samsung debuts slimmest Galaxy S phone
Tech giant enters ultra-slim race amid rising pressure from Chinese rivals Samsung Electronics on Tuesday unveiled the Galaxy S25 Edge -- its slimmest Galaxy S smartphone -- further expanding the latest Galaxy S25 lineup with a device that combines ultra-slim design with powerful artificial intelligence capabilities. Under the theme 'Galaxy S25 Edge: Beyond Slim,' the tech giant introduced the new device through an online event at 9 a.m. via its official website and other social media platforms. The Edge has a width of just 5.8 millimeters, thinner than the Galaxy S25 (7.2 mm), the Galaxy S25 Plus (7.6 mm) and the S25 Ultra (8.2 mm). It weighs 163 grams, slightly heavier than the S25's 162g. 'Galaxy S25 Edge transcends the boundaries of ultra-slim technology and revolutionizes the user experience,' said Roh Tae-moon, acting head of the device eXperience division at Samsung Electronics. 'It represents a perfect harmony between design excellence and engineering mastery, establishing a new category within the industry.' Despite its slim and light form, the Edge model maintains superior durability and functionality, according to the company. The phone's front is protected with Corning Gorilla Glass Ceramic 2, a next-generation material with stronger crack and scratch resistance. A titanium frame and water and dust resistance ensure resilience in diverse environments. It boasts a 200-megapixel high-resolution wide camera and a 12-megapixel ultra-wide lens, along with enhanced autofocus for macro photography. Night photography is enhanced with a pixel size 40 percent larger than that of the standard S25 and S25 Plus models, allowing more light capture and producing sharper low-light photos. The device runs on the Galaxy-exclusive Snapdragon 8 Elite chipset, co-developed with Qualcomm, which is optimized for on-device AI processing. The Galaxy S25 Edge comes in three colors -- titanium silver, titanium jet black and titanium ice blue. Preorders begin Wednesday and run through Tuesday, with the official release set for May 23 in Korea and China. Prices range from 1.5 million won to 1.64 million won ($1,060 to $1,200) depending on the storage capacity. The Galaxy S25 Edge is also available via the New Galaxy AI Subscription Club. Monthly subscription fees start at 5,900 won, with options for 12- or 24-month plans. As Chinese manufacturers ramp up competition in the foldable and ultra-slim smartphone market, Samsung is betting on technological maturity and user experience as its key differentiators. 'We're not just competing for slimness,' said Kang Min-seok, head of the smartphone product planning team. 'We're actively developing various form factors that enhance the overall user experience and product completeness.' Kang also noted that the Galaxy S25 Edge is slated for release in over 30 countries. It will be launched in key cities across Asia, North America and Europe. Lim Sung-taek, vice president in charge of domestic sales, said, 'We are starting with major cities in Korea, the US, China and the UK, and determining rollout schedules based on supply chains, technical specifications for each region and strategic partnerships.' While Samsung did not disclose specific sales targets for the new smartphone model, the company voiced confidence in its market performance. 'It's a remarkably innovative product, both in software and hardware,' said Lim. 'We expect substantial sales, particularly driven by strong interest among consumers between teenagers and in their 30s."
Korea Herald
13-05-2025
- Korea Herald
Samsung debuts Galaxy S25 Edge, its slimmest Galaxy S phone yet
Tech giant enters ultra-slim race amid rising pressure from Chinese rivals Samsung Electronics on Tuesday unveiled the Galaxy S25 Edge -- its slimmest Galaxy S smartphone -- further expanding the latest Galaxy S25 lineup with a device that combines ultra-slim design with powerful artificial intelligence capabilities. Under the theme 'Galaxy S25 Edge: Beyond Slim,' the tech giant introduced the new device through an online event at 9 a.m. via its official website and other social media platforms. The Edge has a width of just 5.8 millimeters, thinner than the Galaxy S25 (7.2 mm), the Galaxy S25 Plus (7.6 mm) and the S25 Ultra (8.2 mm). It weighs 163 grams, slightly heavier than the S25's 162g. 'Galaxy S25 Edge transcends the boundaries of ultra-slim technology and revolutionizes the user experience,' said Roh Tae-moon, acting head of the device eXperience division at Samsung Electronics. 'It represents a perfect harmony between design excellence and engineering mastery, establishing a new category within the industry.' Despite its slim and light form, the Edge model maintains superior durability and functionality, according to the company. The phone's front is protected with Corning Gorilla Glass Ceramic 2, a next-generation material with stronger crack and scratch resistance. A titanium frame and water and dust resistance ensure resilience in diverse environments. It boasts a 200-megapixel high-resolution wide camera and a 12-megapixel ultra-wide lens, along with enhanced autofocus for macro photography. Night photography is enhanced with a pixel size 40 percent larger than that of the standard S25 and S25 Plus models, allowing more light capture and producing sharper low-light photos. The device runs on the Galaxy-exclusive Snapdragon 8 Elite chipset, co-developed with Qualcomm, which is optimized for on-device AI processing. The Galaxy S25 Edge comes in three colors -- titanium silver, titanium jet black and titanium ice blue. Preorders begin Wednesday and run through Tuesday, with the official release set for May 23 in Korea and China. Prices range from 1.5 million won to 1.64 million ($1,060 to $1,200) depending on the storage capacity. The Galaxy S25 Edge is also available via the New Galaxy AI Subscription Club. Monthly subscription fees start at 5,900 won, with options for 12- or 24-month plans. As Chinese manufacturers ramp up competition in the foldable and ultra-slim smartphone market, Samsung is betting on technological maturity and user experience as its key differentiators. 'We're not just competing for slimness,' said Kang Min-seok, head of the smartphone product planning team. 'We're actively developing various form factors that enhance the overall user experience and product completeness.' Kang also noted that the Galaxy S25 Edge is slated for release in over 30 countries. It will be launched in key cities across Asia, North America and Europe. Lim Sung-taek, vice president in charge of domestic sales, said, 'We are starting with major cities in Korea, the US, China and the UK, and determining rollout schedules based on supply chains, technical specifications for each region and strategic partnerships.' While Samsung did not disclose specific sales targets for the new smartphone model, the company voiced confidence in its market performance. 'It's a remarkably innovative product, both in software and hardware,' said Lim. 'We expect substantial sales, particularly driven by strong interest among consumers between teenagers and in their 30s."
