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April 29, 2024
China outpaces Korea in smaller OLED shipments for 1st time
...ead of Korea’s 46.6 percent. The Chinese figure increased by 15.6 percent on-year. By company, Samsung Display retained its leadership with a 41 percent market share, even though its shipments decre... country's market share, but the figure dropped to 15 percent in the first quarter ...
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April 29, 2024
Intel CEO to visit Seoul in June
...e event to its partners as early as next week, tech executives from Korean tech giants including Samsung Electronics and Naver will also attend the conference as speakers. But the Intel official said...er refine business discussions. When the Intel CEO visited the country in May 2022,...
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April 29, 2024
Samsung chief bolsters ties with Germany’s Zeiss
Samsung Electronics Chairman Lee Jae-yong met with top executives of German optics manufacturer Zeiss, a crucial partner for the Korean tech giant's push to lead the burgeoning market for artificial intelligence chips, during his recent trip to Europe. According to Samsung on S...
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April 26, 2024
Samsung mobile chief, Google device head meet in Seoul
Samsung Electronics President and mobile business chief Roh Tae-moon and Google Senior Vice President Rick Osterloh, who oversees the company’s platforms and devices team, met in Seoul on Thursday an...cture taken with the Korean tech giant’s mobile chief. “Had a terrific conversation...
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April 26, 2024
POSCO Future M, Honda to set up JV in Canada for battery materials partnership
...esence in the secondary battery components business, particularly with the materials used to make cathodes and anodes -- core materials used in lithium-ion cells for EVs. POSCO Future M touts itself as one of the few companies capable of producing both cathodes and anodes. It supplies cathodes ...
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April 25, 2024
[KH Explains] Korean shipbuilding stocks rally: Real growth or bubble?
...to robust, sustained growth. Rallying stocks Market dynamics shifted notably on April 18, when Samsung Heavy Industries' stock spiked by 12 percent, reaching a yearly high of 9,710 won with a closin... for exports, with even smaller figures for other ship types," said Han Young-soo, a...
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April 25, 2024
Samsung Biologics Q1 earnings hit all-time high
Samsung Biologics, a leading contract development and manufacturing organization, announced Wednesday that the company’s earnings in the first quarter this year hit an all-time high. In the January-...n of the fourth plant has largely contributed to the increase in its earnings,” an of...
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April 24, 2024
Korean investment in US almost doubles from pre-pandemic: report
...published by the Korea Chamber of Commerce and Industry, the total Korean investment in the US stood at $27.7 billion last year, up 75 percent from $15.8 billion in 2019. Large conglomerates like Samsung Electronics, SK hynix and Hyundai Motor have built or plan to establish facilities...
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April 24, 2024
Korean robot startup aims to transform human walking
... WIM units and achieve sales of 3 billion won, and then increase the sales volume to 10,000 units next year. WIRobotics was established in June 2021 with four employees -- all former engineers at Samsung Electronics. The startup now has 23 employees and has received 17.6 billion won in...
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April 23, 2024
[Exclusive] Korean military set to ban iPhones over 'security' concerns
...evices as well. The sources, however, claimed that Android-based smartphones, mostly those from Samsung Electronics, will be exempted from the ban, while the document explicitly states that "Bringing...users? The reason iPhones specifically would be banned, whereas Android-based smart...
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April 23, 2024
Samsung SDI showcases latest battery tech at EVS37
Samsung SDI is exhibiting its next-generation "super-gap" battery technologies, including all-solid-state batteries and ultra-fast charging solutions, at the 37th Electric Vehicle Symposium & Exposit...- all-solid-state batteries, ultra-fast charging, and batteries that last markedly long...
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April 23, 2024
Samsung starts production of 290-layer V-NAND chips
By Jie Ye-eun ( yeeun@heraldcorp.com ) The Korea Herald
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April 22, 2024
Samsung, SK hynix investors dump shares on Nvidia crash
Investors of the two Korean chip makers – Samsung Electronics and SK hynix -- dumped their shares Monday after Nvidia, the US chip giant, lost almost 10 percent Friday -- its worst day since March 2020. Market heavyweight Samsung Electronics and its chip rival SK hynix opened ...
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April 22, 2024
[KH Explains] Will 6-day workweek for executives help Samsung avert crisis?
Doubts have been raised over Samsung Group’s latest decision to make the executives of its key tech affiliates -- Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display -- work an extra day per week as part of the group's emergency measu...
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April 19, 2024
Seoul shares rattled by Israeli attack on Iran; Kospi dips to nearly 11-week low
... later in the day, closing at 841.91, down 1.61 percent from the previous day's close. Most of the big-cap stocks, particularly in the semiconductor sector, registered declines. Market bellwether Samsung Electronics saw a 2.51 percent decrease, while No. 2 chipmaker SK hynix plummeted ...
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April 19, 2024
SK hynix joins with TSMC to produce High Bandwidth Memory 4
...components for speeding up the AI process, supporting AI processors such as GPUs. SK hynix is currently dominating the burgeoning HBM market, taking some 50 percent of the market share. Runner-up Samsung Electronics chases SK with a close margin while US-based Micron Technology takes a...
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April 18, 2024
Samsung C&T president makes her first business trip to Milan
Samsung C&T President Lee Seo-hyun, the younger sister of Samsung Electronics Chairman Lee Jae-yong, visited Italy on her first business trip after her recent comeback to a management role in the company, according to industry sources, Thursday. Lee reportedly visited Milan to ...
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April 18, 2024
SK hynix chief underscores chip cooperation between Korea, US
... Lafayette, Indiana, where Purdue is located. The world's second-largest memory chip maker after Samsung Electronics said it will make a $3.87 billion investment to build an advanced chip packaging pl...tending the event from the US government and global chip firms, including AMD, Nvidi...
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April 17, 2024
Why is Apple Pay struggling to get purchase?
... a 0.15 percent commission fee per transaction via Apple Pay, whereas local digital wallets like Samsung Pay offer their services for free. During last year's parliamentary audit in October, Rep. Yun...ed for growth, especially among younger generations in Korea who increasingly favor ...
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April 17, 2024
Samsung develops fastest DRAM chip optimzied for ondevice AI
By Jo He-rim ( herim@heraldcorp.com ) The Korea Herald