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March 18, 2024
Samsung Electro-Mechanics to launch ‘weatherproof’ camera modules for cars
Samsung Electro-Mechanics is set to start mass production of “weatherproof” camera modules with cutting-edge water-repellent capabilities and heating features for cars this year, the company said Sun... quality in automotive assistance features and the development of autonomous driving ...
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March 16, 2024
Major shifts among top market cap stocks on the KOSPI
...n the rankings of Celltrion (from 12th to 8th), Shinhan Financial Group (from 18th to 15th), and Samsung Life Insurance (from 21st to 19th), showing significant upward momentum. Conversely, concerns ...f last year to 18th this month, while Naver slipped 3 spots from 9th to 12th. On the...
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March 15, 2024
Samsung Electronics' unionized workers threaten first-ever strike
Samsung Electronics could face its first-ever labor strike, as unionized workers have secured the right to legally conduct a walkout after wage talks between management and labor have fallen through,...en brought the dispute to the labor commission for arbitration. The labor-management c...
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March 15, 2024
Samsung Electronics to receive $6b subsidy in US
The US Department of Commerce is poised to grant Samsung Electronics subsidies exceeding $6 billion, according to a news report Friday. “The US plans to award more than $6 billion to Samsung Electro... initiatives. Further details are emerging regarding the support for other ...
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March 13, 2024
Nvidia soars in AI boom, Samsung, TSMC struggle – Uncovering the why
...s patterns. As a result, TSMC has maintained a conservative Q1 earnings forecast of $18 billion to $18.8 billion amid the AI semiconductor surge. In contrast to TSMC's specialized foundry focus, Samsung Electronics, an Integrated Device Manufacturer (IDM) with diverse memory and syste...
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March 13, 2024
Samsung Biologics on smooth ride for record orders
Samsung Biologics is off to a promising start this year with two large-scale contract manufacturing deal signings in March alone. According to Samsung Biologics on Wednesday, the company recently in... its portfolio and establishing new overseas offices in search of new clients...
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March 13, 2024
US gains propel Kospi to 2-year intraday high
...est rate cut, the US stocks rallied backed by the rebound in AI shares,” analyst Han Ji-young from Kiwoom Securities said. “The AI rally stretched out to the local stock market.” Tech heavyweight Samsung Electronics' shares stood at 73,700 won, marking a 0.55 percent gain, while the...
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March 12, 2024
The 4 key trends in AI chip development (2)
...cure $500 million in funding but ultimately exceeded expectations by raising $675 million. Noteworthy participants in this funding round include Intel ($25 million), LG Innotek ($8.5 million), and Samsung Investment ($5.0 million), underlining the industry's confidence in the startup's ...
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March 11, 2024
5-minute recharge to drive 300 km: Battery firms eye faster turnaround
...t Coex in southern Seoul last week, South Korea's prime battery companies -- LG Energy Solution, Samsung SDI and SK On -- collectively emphasized ultrafast charging as the critical breakthrough needed...ure here involves rolling out the ultrafast charging infrastructure to support this,...
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March 11, 2024
Samsung to debut washer-dryer combo globally in Q2
Samsung Electronics said Monday it would launch its latest Bespoke AI Combo, a combined washer and dryer powered by artificial intelligence, in global markets in the next few months. "Shipments to t...Samsung appliance is about 3 million won ($2,282) cheaper than the LG product...
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March 11, 2024
[Herald Interview] Indiana looks to expand Korean ties in chips, AI
...one of the hottest investment destinations in the US for South Korean companies as of late, with Samsung SDI leading the pack by committing billions of dollars for joint battery plants there. Indiana...n in investments since 2022, with South Korean companies accounting for a large chun...
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March 11, 2024
Samsung Electronics to launch washer-dryer combo globally in Q2
Samsung Electronics said Monday it will launch its latest Bespoke AI Combo washer-dryer globally within the second quarter of this year. The Bespoke AI Combo, which combines a 25 kilogram washing ca...ed States, and the official launch is scheduled for this month," Vice President Moo-hyu...
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March 11, 2024
[KH Explains] Missing pieces of 'value-up' program
... reduction. … There was also a lack of coercion for companies to increase the amount of shareholder return,” said Sangsangin Investment & Securities analyst Hwang Joon-ho. Major chaebol groups -- Samsung, SK, Hyundai Motor and LG account for over 45 percent of the combined market cap...
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March 11, 2024
Samsung’s H1 hiring season starts Monday
Samsung Group, South Korea’s top conglomerate, said Sunday that its official recruitment in the first half of this year will start Monday, with 19 affiliates joining the large-scale hiring of entry-level workers. The key affiliates include Samsung Electronics, Samsung
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March 11, 2024
Factorial Energy, Hyundai Motor step forward in EV battery development
... sector, the CTO underlined that the development of solid-state batteries, which have more efficiency, safety and better performance for EVs, can help the EV market’s expansion. “I’ve heard (that Samsung SDI is) committed to delivering (solid-state batteries) by 2027,” he said. “...
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March 09, 2024
SK hynix foreign ownership peaks…Will share prices soar?
Foreigners have been selling Samsung Electronics in large numbers, adding to the downward pressure. Samsung Electronics was the most bought stock by foreigners in January, but fell to seventh place in February as a net buyer. This month, it has been among the top sellers. Mark...
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March 08, 2024
Samsung Display chief becomes local display industry association president
...its lead in the global display market from China by 2027 with its edge in advanced technologies, Samsung Display CEO Choi Joo-sun said as he became the president of Korea Display Industry Association ...that this trend continues," Choi said. The IT display panel market, where Korean di...
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March 07, 2024
Seoul court bans former SK hynix chip researcher from working for US rival
...nd for advanced HBM chips is growing quickly, and SK hynix is leading the burgeoning market with Samsung Electronics, together taking about 90 percent of the market share. HBM is a memory chip with l...it had started on mass production of fifth- generation HBM3E memory ahead of rivals ...
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March 07, 2024
Seoul court upholds injunction to keep SK hynix official from moving to Micron
...chips have been gaining popularity due to their pivotal role in powering generative AI systems, like OpenAI's ChatGPT. SK hynix leads the market with the fourth-generation HBM3 chips, followed by Samsung Electronics and Micron. A recent report showed that SK hynix claimed a market sha...
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March 06, 2024
Samsung Galaxy S24 Ultra tops best smartphone list
Consumer Reports: S24 Plus ranks third, S23 Ultra climbs four spots Samsung Electronics' Galaxy S24 Ultra AI smartphone has clinched the top spot in a recent smartphone assessment by US Consumer Reports. Scoring 87 overall, it outperformed Apple's iPhone 15 Pro Max (86). The evaluation...
December 22, 2024
