The Lee family of South Korea, which controls Samsung, has doubled its wealth in twelve months. Bloomberg’s Billionaires Index now values the dynasty’s holdings at $45.5 billion, up from $22.7 billion a year ago, propelling the Lees from tenth to third among Asia’s richest families. The catalyst is not a new product or a management […]
In short: Samsung SmartThings and IKEA announced that 25 new IKEA Matter-over-Thread devices can now connect directly to a SmartThings hub without requiring IKEA’s own DIRIGERA hub, with smart bulbs starting at $5.99 that undercut competitors by half. The integration leverages Thread border routers already embedded in Samsung TVs, soundbars, and appliances since 2022, meaning […]
When Iran effectively closed the Strait of Hormuz in late February, choking off the corridor through which a fifth of the world’s oil and gas flows, the immediate consequences were predictable: crude prices spiked, energy markets convulsed, and geopolitical analysts reached for their most alarming adjectives. What fewer people anticipated was how quickly the crisis […]
Samsung Electronics
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