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June 19, 2024
Error in ruling could transform SK chief's divorce case: sources
...securities equities, which later evolved into a broader market sell-off, bringing down the overall stock market prices. The court's flip-flop over the SK stock price has brought attention to late Samsung Chairman Lee Kun-hee being accused of breach of trust for issuing bonds with a war...
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June 19, 2024
Energy storage tech of LG, Samsung shines at Interbattery Europe
Samsung SDI’s highlight at the Interbattery Europe 2024 is its upgraded Samsung Battery Box 1.5. This state-of-the-art ESS product uses high-nickel, nickel-cobalt-aluminum battery cells whose high energy density makes them ideal for large-scale energy storage. The upgraded SBB...
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June 18, 2024
Samsung’s Galaxy S24 to livestream Paris Olympics’ opening ceremony
As the Paris 2024 Olympics is set to hold its opening ceremony outside the confines of a stadium for the very first time, Samsung Electronics will install its flagship Galaxy S24 Ultra smartphones inside the city to broadcast the iconic event, the tech giant said Tuesday. Samsung
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June 17, 2024
Samsung, SNU to set up joint AI research lab
Samsung Electronics and Seoul National University are collaborating to establish a joint research center dedicated to advancing artificial intelligence technology and nurturing talent in the field. Samsung Electronics held a signing ceremony Monday at SNU’s Global Engineering ...
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June 16, 2024
Top 4 conglomerates convene strategy meetings to navigate uncertainties
...going economic slowdown and geopolitical uncertainties according to industry sources on Sunday. Samsung Electronics, the country's No. 1 conglomerate in terms of assets, will kick off its series of s...n took office as the head of the division in May. Having suffered its worst earning...
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June 14, 2024
Samsung chief holds meetings with global tech CEOs in US
...o start chip production using advanced technologies from 2027, and introduced its new integrated Samsung AI Solutions, which will help the company reduce its supply time by 20 percent. "At a time whe... and yield targets on track for mass production in 2027. Operating on all fronts of...
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June 12, 2024
[From the Scene] Kakao’s first data center unveiled
...of a new data center to effectively respond to the AI environment. … It will likely add more safety and eco-friendly features to it,” he added. While its competitor Naver has joined forces with Samsung Electronics to develop next-generation semiconductor solutions for advanced AI...
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June 11, 2024
Korea, Turkmenistan forge stronger ties on gas fields, smart cities
... including Park Il-joon, vice chairman of KCCI, Hong Hyeon-sung, CEO of Hyundai Engineering, Jung Won-ju, chairman of Daewoo Engineering & Construction, Chi Hyung-keun, executive vice president of Samsung C&T, and Lee Sung-yeoul, general manager of Doosan Enerbility. Government official...
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June 11, 2024
Does Apple Intelligence have edge over Galaxy AI?
Months after Samsung Electronics launched the world's first artificial intelligence smartphone equipped with its original Galaxy AI, its archrival Apple debuted its own Apple Intelligence, only to sh...ever, have already been introduced by other global players who preceded Apple in the AI...
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June 10, 2024
400,000 minors own Samsung Electronics shares worth W1.54tr
The number of underage stakeholders in Samsung Electronics, the country's largest company by market capitalization, has surged nearly 21 times in four years, reaching almost 400,000. According to th...468.62 trillion won market capitalization as of the end of 2023. On average, each mino...
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June 10, 2024
IEEE honors Korea’s contribution to CDMA commercialization
...twork used in mobile phones in 1996. The Electronics and Telecommunications Research Institute, Samsung Electronics, LG Electronics and SK Telecom collaborated to introduce CDMA technology -- a digit...nder SK, based on ETRI’s domestically introduced CDMA technology. With active colla...
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June 10, 2024
[KH Explains] How Hanwha Qcells thwarts China surge in US solar market
...ported into the US might be minimal. “Section 301 targets modules exported directly from China, but Chinese manufacturers have shifted production to Southeast Asia for export to the US Currently, China accounts for less than 1 percent of solar modules imported into the US, limiting the tariffs'...
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June 09, 2024
Samsung Electronics executives buy W1.15b worth treasury stocks
Samsung Electronics executives have been actively purchasing treasury shares to prop up the price, which has struggled to break out of the 70,000 won ($50.70) range. Six executives at the tech giant...ard, on Sunday. Park Hak-kyu, president of management support, purchased 5,500 common ...
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June 07, 2024
Samsung to introduce real-time AI translation to third-party apps
Samsung Electronics will introduce its real-time translation feature backed with artificial intelligence to third-party messaging apps like KakaoTalk to support voice calls, as part of its efforts to..., also revealed that the Galaxy AI features will be optimized for use on foldable smart...
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June 07, 2024
SK, TSMC chiefs agree to boost collaboration on AI chips
...MC's Chip on Wafer on Substrate technology, the company said. SK hynix is currently forecast to dominate the burgeoning HBM market this year, taking some 52 percent of the market share. Runner-up Samsung Electronics follows SK with 42.4 percent of the market, while US-based Micron Tech...
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June 07, 2024
Future of robots depends on AI: Rainbow Robotics founder
...eil a trial product of a new electric bipedal walking robot as early as the end of this year. Rainbow Robotics, founded by a research team at KAIST Humanoid Robot Research Center in 2011, is one of a handful of robot companies making bipedal human-like robots. Samsung Electronics owns ...
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June 07, 2024
Samsung, Verizon chiefs join hands to promote Galaxy series
Samsung Electronics Chairman Lee Jae-yong took off for the US on a trip tightly packed with business meetings with tech leaders and government officials there, with the goal of strengthening existing...and displaying Galaxy smartphones in Verizon stores to offer visitors a hands-on experi...
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June 07, 2024
Samsung Fire & Marine convenes global insurance conference in Incheon
Samsung Fire & Marine Insurance, the nation's leading non-life insurer, gathered insurance experts from inside and outside the country to share insights about the industry and Korea's insurance lands...in Yeongjongdo, Incheon, marked the first global insurance conference in Korea, accordi...
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June 05, 2024
Act-Geo founder arrives in Seoul to explain oil find
...lized contracts for full-scale drilling operations. Norway’s Seadrill, one of the leading global drilling companies, will spearhead the effort, deploying the drillship West Capella. Purchased from Samsung Heavy Industries in 2008, the West Capella is scheduled to arrive in Busan from L...
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June 05, 2024
42dot gets $185m from Hyundai-Kia to boost hiring
...eceiving new features and improvements through software updates without needing to change their physical parts. At this year's CES technology show in Las Vegas, 42dot announced a partnership with Samsung Electronics to utilize the chipmaker's Exynos Auto, a processor designed for autom...
December 22, 2024
