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Samsung heirs to pay record inheritance tax

2021-04-28 08:00:34| BBC News | Business | UK Edition

The Lee family will pay more than $10bn, one of the largest ever inheritance tax bills.

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Samsung is refusing to pay for property damage caused by its exploding Note 7 phone

2016-10-20 14:45:30| Extremetech

Samsung's handling of the Note 7 recall took another hit today as unhappy customers criticize the way the company is refusing to pay for the damage its phone has caused.

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MTS launches Samsung Pay in Russia

2016-09-28 16:57:00| Telecompaper Headlines

(Telecompaper) Russian mobile operator MTS, in cooperation with Samsung Electronics and MTS Bank, plans to launch the Samsung Pay service on 29 September. The service enables customers to make contactless payments using Samsung smartphones at numerous sales points worldwide where bank cards are accepted.

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Samsung Pay transaction volume tops KRW 2 tln in Korea

2016-08-25 07:23:00| Telecompaper Headlines

(Telecompaper) Samsung Pay has exceeded KRW 2 trillion (approximately USD 1.78 billion) in transaction volume in South Korea in the first year since the company launched the mobile payment service on 20 August 2015, Yonhap news agency reports, citing a company statement. Samsung said more than 11 million cards registered to access the service in Korea. Samsung also reports the service reached a total of 100 million transactions across the seven countries where it is available, namely the US, China, Australia, Spain, Singapore, Brazil and South Korea.

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Samsung clocks up 100m Samsung Pay transactions in first year

2016-08-25 02:00:00| Total Telecom industry news

Analysts say technology companies are failing to cash in due to focus on replacing banking cards.

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