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February 27, 2024
Samsung joins global AI-RAN alliance to lead 6G technology
Samsung Electronics said Monday it has formed an alliance with global Big Tech firms to research sixth-generation technology and create an ecosystem through the convergence of artificial intelligence...rators through AI-based use cases and innovations,” said Charlie Zhang, senior vice pr...
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February 23, 2024
Samsung, LG maintain TV leadership amid Chinese rush
Korean TV makers Samsung Electronics and LG Electronics cemented their leadership in the global premium TV market in 2023, but they have been warned to gear up for Chinese rivals flooding the market ...ing display TV sector, with LG taking the top position at 48 percent market share by re...
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February 23, 2024
Samsung Galaxy smart band Fit3 to hit shelves
Samsung Electronics said Thursday that it would launch a new fitness band globally, more than three years after unveiling its predecessor in October 2020. The Galaxy Fit3 is designed with an aluminu...also send out an SOS message, informing of an emergency. It also has enhanced connecti...
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February 23, 2024
[KH Explains] Will LG Energy Solution be Tesla's 4680 battery crisis savior?
...ion investment to increase its capacity for 4680 cell production to 36GWh starting next year. It is also considering further production of the 46 Series batteries at its Nanjing, China, facility. Samsung SDI is also in the race but is slightly behind, having started sample production o...
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February 23, 2024
Posco Future M breaks ground on cathode plant in Gwangyang
...rding to Posco, the yearly high-nickel cathode production will be enough to supply batteries that can power 580,000 EVs. The entire cathode production from the Gwangyang site will be delivered to Samsung SDI. ”Despite the unpredictable business environment, we will respond to the gro...
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February 22, 2024
Meta CEO to visit Seoul next week possibly on AI partnership
...etails of his upcoming trip are unknown, sources predicted that the Meta founder could meet with Samsung Electronics Chair Lee Jae-yong, as he did during his first trip to Korea in June 2013. If the ...n meeting in Seoul for a partnership. Following the meeting, the Korean tech giant ...
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February 22, 2024
Samsung, UK's Arm team up to produce advanced AI chips
Samsung Foundry, Samsung Electronics' chip manufacturing arm, is teaming up with the UK's Arm to adopt the firm's design assets for Samsung's most advanced chip-making process technology, Gate-All-Around, which aims to boost the company's edge in the global AI chip sec...
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February 21, 2024
Samsung chief's return to board pushed back as trial continues
On the same day, Samsung’s Compliance Committee kicked off its third term, holding its first regular meeting. Lee Chan-hee has been reappointed to lead the committee for the second consecutive term, along with other members. Han Sung-hwan, the president of Samsung Life Public ...
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February 20, 2024
Advertisers pressured to boycott Lee Kang-in
... official YouTube channel, which drew a barrage of criticism for Lee in the comments section. While leaving the YouTube video available, KT has removed promotional materials featuring Lee for the Samsung Galaxy S24 series from its store locations nationwide, citing the conclusion of th...
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February 20, 2024
Samsung’s foldable display boasts US military-grade durability
Samsung Display on Monday said its foldable panel for smartphones has passed the US military’s material durability test, proving its strength in withstanding the harsh conditions of operational and c...been developed and adopted for commercial standards. "This military spec certificatio...
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February 20, 2024
Samsung’s first integrated labor union sets sail
A labor union comprising workers of four Samsung Group affiliates was officially launched Monday, as employees seek ways to break away from the unreasonable relationship between workers and managemen...nes and home appliances unit, 4,100 from Samsung Display, 3,400 from Sam...
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February 20, 2024
Coupang, Yuhan join labor policy-focused business lobby
...panies, has differentiated itself by focusing on regulations and legislation tied to labor-management relations. Last year, Coupang became the second-largest employer in the country in 2023 after Samsung Electronics. The number of workers employed by Coupang and its logistics subsidiar...
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February 19, 2024
Samsung Bioepis posts record-high biosimilar sales
Overseas biosimilar sales of Samsung Bioepis, a biosimilar developer under Samsung Group, reached an all-time high in 2023, according to its partner companies on Sunday. According to Samsung Bioepis’ US partners, Biogen and Organon, sales of Samsung Bioepis...
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February 18, 2024
Samsung Display may face another labor strike over wage deadlock
Samsung Display is on the verge of facing its second-ever labor strike, as unionized workers and the company failed to reach an agreement in wage talks and collective negotiation. The unionists held...ram said. “The company’s dismissive attitude (towards us) also broke the trust betwee...
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February 18, 2024
Samsung chief inspects bio biz site, urges employees to go beyond limits
Samsung Electronics Chair and Samsung Group leader Lee Jae-yong on Friday visited the group’s biotech arm in Incheon, calling on executives and staff members to set higher goals after the unit posted all-time high earnings last year. At Samsung Biologics’ biopharmac...
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February 18, 2024
Hyundai Motor to cut foreign chip reliance with local push
...ales support over international suppliers. In June last year, Hyundai already took a step in this strategic direction by announcing its plan to source semiconductors for infotainment systems from Samsung Electronics starting in 2025. Samsung Electronics said that its Exynos A...
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February 16, 2024
Activist funds demand W1tr Samsung C&T payout
A tense faceoff between shareholders and Samsung C&T management is expected, as five foreign activist funds have teamed up to demand the Korean firm return its profit to shareholders through dividend...egular shareholders meeting slated for March 15. Samsung C&T, the constructio...
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February 16, 2024
Is shareholder activism finally taking hold in South Korea?
...15, the US hedge fund giant Elliott Investment Management questioned the controversial merger of Samsung C&T and Cheil Industries but was later defeated in court. “Recently there has been a big surge...rillion won ($750 billion), the pension service holds stakes in major corporates he...
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February 16, 2024
Is shareholder activism finally taking hold in South Korea?
...15, the US hedge fund giant Elliott Investment Management questioned the controversial merger of Samsung C&T and Cheil Industries but was later defeated in court. “Recently there has been a big surge...rillion won ($750 billion), the pension service holds stakes in major corporates he...
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February 16, 2024
Activist funds demand W1tr Samsung C&T payout
A tense faceoff between shareholders and Samsung C&T management is expected, as five foreign activist funds have teamed up to demand the Korean firm return its profit to shareholders through dividend...egular shareholders meeting slated for March 15. Samsung C&T, the constructio...
December 23, 2024
