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November 24, 2024
Nvidia CEO signals Samsung’s imminent shipment of AI chips
Samsung Electronics, the world's largest memory chip maker, is expected to supply its cutting-edge chips to the top graphics processing unit maker Nvidia soon, stepping closer to securing a footing in the lucrative AI chip market. Speaking on the sidelines of a convocation cere...
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November 22, 2024
OpenAI in talks with Samsung to power AI features, report says
OpenAI, the creator of ChatGPT, has reportedly engaged in discussions with Samsung Electronics to integrate artificial intelligence capabilities into Samsung’s electronic devices, according to a report Friday. This move could position OpenAI as a potential challenger...
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November 21, 2024
Now is no time to add pressure on businesses: top executives
The top executives of 16 major Korean conglomerates, including Samsung, SK, Hyundai Motor and LG, on Thursday issued a rare joint statement opposing a proposed revision to the Commercial Act, which aims to increase the duties of corporate board members. “The proposed revision will lead ...
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November 20, 2024
Samsung Electro-Mechanics obtains European certification for automotive camera software
Samsung Electro-Mechanics said Wednesday it has achieved the automotive spice (A-spice) level 3 certification for its camera modules used in automotive electronics and electrical equipment. A-spice is a European certification that evaluates the software reliability and developm...
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November 19, 2024
Mixed reactions as Korea seeks to lift 52-hour work limit for chipmakers
...th critics labeling it "regressive." In South Korea, home to the world's top memory chip makers Samsung Electronics and SK hynix, employees are prohibited from working more than 52 hours per week -- ..., Samsung has been lagging behind its crosstown rival SK hynix i...
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November 19, 2024
[Contribution] How can Korean chip giants adapt to shifting global landscape?
...moment for the global semiconductor industry. Geopolitical tensions, trade restrictions and rapid technological advancements are reshaping this critical sector. South Korea's semiconductor giants, Samsung Electronics and SK hynix, are global leaders in the memory chip market, ...
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November 18, 2024
Korea Zinc buyout could jeopardize high-tech supply chains: sources
...ric acid used in Korea's semiconductor industry, approximately 240,000 tons out of 380,000 tons annually. Some 95 percent of sulfuric acid for semiconductors produced by Korea Zinc is supplied to Samsung Electronics and SK hynix, the world's top two memory chip makers. “A p...
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November 18, 2024
W10tr buyback plan fires up Samsung stock
Shares of Samsung Electronics continued to rebound Monday, recovering from the steep decline in the previous week, following the company’s announcement of a share buyback plan worth 10 trillion won (...cs shares, stock prices of other affiliates in the group also surged. Stock...
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November 15, 2024
Samsung, LG clean up at CES 2025 Innovation Awards
LG Electronics, on the other hand, garnered recognition for its cutting-edge smart device solutions at the annual award program. LG's OLED TVs received six innovation awards, including one best of i...egas from Jan. 7-10, attendees will be able to see the full lineup of award winners. M...
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November 14, 2024
Samsung stocks fall to 4-year low
Shares of South Korean tech behemoth Samsung Electronics sank to an over four-year low of under 51,000 won ($36.24) Wednesday, reflecting the clouds cast over the company's chip leadership in the AI ...gh heavily on local semiconductor companies, including Samsung
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November 13, 2024
Will Samsung team up with foundry rival TSMC?
Samsung Electronics, the tech giant known for its independence as a manufacturer, made a surprise announcement last month hinting it may outsource a key component of its cutting-edge artificial intelligence chips to its Taiwanese rival TSMC. Experts say this comes as the world'...
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November 13, 2024
Won hits 2-year low, Kospi crashes past 2,500
... net 333.4 billion won ($236.8 million). Foreign investors and institutional investors sold off a net 230.4 billion won and 109.6 billion won, respectively. With the plunge, the market bellwether Samsung Electronics fell to a 52-week low of 53,000 won, marking a 3.64 percent ...
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November 12, 2024
Japan’s JSR to produce advanced chip materials in Korea
...plant, being built under its Korean unit JSR Micro Korea, is set to become operational in 2026 and start supplying its advanced photoresist metal oxide resist (MOR) to Korean chipmakers, including Samsung Electronics and SK hynix. MOR has been rising as a cutting-edge alterna...
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November 12, 2024
KEF chief, Japanese ambassador vow to bolster economic ties
...nishi, economic counselor at the Japanese Embassy. The meeting included representatives from KEF member companies: Kim Ju-nam, CEO of Hotel Lotte and Lotte Duty Free; Park Seung-hee, president of Samsung Electronics; Rhee Jang-han, chairman of Chong Kun Dang; Choi Hyun-kyu, C...
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November 07, 2024
Chipmakers urged to leverage AI edge in tackling uncertainties
...wo factories it is currently building in the US, Park explained. "So the chance would go up for Samsung to bag the rest of the foundry orders that TSMC cannot take," Park said, adding that it will be...its footing in the foundry market where it stands a distant second after TSMC. Risk...
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November 06, 2024
EcoPro HN completes battery materials plant
...e EcoPro HN’s spinoff from EcoPro in 2021, EcoPro had specialized in products that help factories reduce hazardous waste, such as cleanroom chemical filters, supplying them to major companies like Samsung Electronics and HD Hyundai Heavy Industries. “(Today,) we embark on a...
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November 05, 2024
Bahrain ready for bigger Korean presence
... complexities.” While the event focused on a wide range of opportunities surrounding the island nation, spanning human and natural resources, tourism and more, some Korean business officials from Samsung E&A and LG Electronics' units in the region were in attendance. S...
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November 05, 2024
Global scholars discuss AI’s future at Samsung forum
... the future of AI, semiconductors, and the use of the technology in everyday life at this year's Samsung AI Forum that kicked off Monday. During the two-day event, renowned academics including Turing...sing speed, and as it gets stronger, how to use AI responsibly has become an importa...
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November 04, 2024
SK hynix unveils 2025 shipment plans for most up-to-date HBM chip
...artnership” with Taiwanese chip giant TSMC to deliver highly competitive products to customers. SK hynix currently holds over 53 percent of the HBM market share, significantly ahead of its rivals Samsung Electronics (38 percent) and US-based chipmaker Micron Technology (9 pe...
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November 01, 2024
Samsung CEO calls for unrivaled technological leadership
Samsung Electronics Vice Chairman and co-CEO Han Jong-hee told employees Friday to fully commit to strengthening their key technological leadership to secure uncompromising quality competitiveness. “Without change, neither innovation nor growth is possible," he said during a j...
November 25, 2024
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