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October 06, 2024
[Herald Interview] Toonsquare ventures to open new era for webtoon creation with AI
...stry is well-established and audiences demand high-quality content," said Lee in a recent interview with The Korea Herald at the company’s southern Seoul office. Founded in 2017 by Lee and former Samsung Electronics colleagues -- including Chief Technology Officer Choi Ho-su...
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October 04, 2024
Samsung unveils 'personalized AI' for all devices
Samsung Electronics announced it would be introducing artificial intelligence in all of its major home appliances and mobile devices to offer a more personalized and secure user experience, at this year's Samsung Developer Conference on Thursday. Celebrating the 10th ...
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October 04, 2024
Samsung starts mass production of industry's top-level SSD for on-device AI PCs
Samsung Electronics, the world’s largest maker of memory chips, announced Friday it started mass producing the industry’s highest-performing solid-state drive with the largest capacity, making it opt...y our key partners,” said Bae Yong-cheol, executive vice president of memo...
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October 04, 2024
Kospi slump hits retail investors hard in Q3, but foreign investors gain
...amid the Kospi’s bearish trend in the period, market data showed on Thursday. According to the Korea Exchange, the most purchased stock by South Korean retail investors from July to September was Samsung Electronics, the world’s largest memory chipmaker, with net purchases ...
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October 02, 2024
Samsung tightens its belt amid crisis winds
Samsung Electronics, a leading tech giant in smartphones and semiconductors, is seen implementing austerity measures, reducing headcounts and downsizing celebratory events as it falls behind global p...tes 9.7 trillion won while Korea Investment & Securities forecasts 10.3 trill...
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October 02, 2024
[Gadget Review] Apple's new iPhone 16 Pro: Professional camera phone
...he iPhone 16 is the first series to be manufactured in consideration of Apple's own AI system, Apple Intelligence, I felt that its AI capabilities were significantly lacking compared to its rival, Samsung Electronics’ flagship Galaxy smartphones. Apple said its AI system App...
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October 02, 2024
KT chief vows to secure AI leadership
...second consecutive year. At the event opening under the theme of "Advancing Digital Nations with AI," executives of telecommunication companies and tech firms, including CelcomDigi Berhad, Huawei, Samsung Electronics and Telstra, talked about the role of next-generation networ...
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September 30, 2024
Samsung Town sold for W1.1tr to offset market concerns
...st, a real estate asset manager based in Seoul, has completed the sale of a landmark property to Samsung SRA Asset Management for 1.1 trillion won ($841 million), marking South Korea's largest commerc...tional investors," Yoon said. With the Samsung SRA’s acquisition of The ...
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September 26, 2024
SK hynix outpaces Samsung, Micron with more powerful AI chips
...second-largest memory chip-maker, said Thursday it has started mass production of the world’s first 12-layer high bandwidth memory chips, solidifying its competitive edge over its global rivals -- Samsung Electronics and Micron Technology. The new 36-gigabit 12-layer HBM3E c...
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September 25, 2024
Value-up Index stirs mixed market reactions
...ncluded in the new index. Following the Korea Exchange’s unveiling of the Value-up Index, comprised 100 Korean stocks with stellar corporate value, on Tuesday, those that made the list, including Samsung Electronics and SK hynix showed a strong start in Wednesday morning tra...
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September 25, 2024
[Exclusive] Texas development exec shuts down layoff rumors at Samsung chip plant
Amid growing uncertainties about the timely operation of Samsung Electronics' $40 billion semiconductor fabrication plant in Taylor, Texas, regional economic development chiefs in the state dismissed...re are so many other chip-related companies there like AMD, Applied Materials...
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September 25, 2024
Samsung, top banks to create W2tr green growth fund for SMEs
Samsung Electronics and the nation’s top five lenders have collaborated to create a 2 trillion won ($1.5 billion) fund to support small and medium-sized companies struggling to meet toughening carbon...to smaller businesses seeking to invest in low-emissions facilities, equipme...
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September 23, 2024
Middle East’s big AI push lures Korean tech firms
...dle East, where countries are turning their eyes to the technology as a hedge to diversify their oil-centric economies. On Monday, Wall Street Journal reported that the world’s leading chipmakers Samsung Electronics and Taiwan Semiconductor Manufacturing Company were reviewi...
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September 23, 2024
Samsung Electro-Mechanics develops first all-solid-state battery
Samsung Electro-Mechanics, the electronic parts manufacturing subsidiary of the chip giant Samsung Electronics, has developed the world’s first all-solid-state battery for wearable devices, industry sources said Monday. According to sources, the company made an all-s...
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September 22, 2024
Samsung, SK hynix market caps plummet W117tr amid semiconductor uncertainty
Concerns surrounding the semiconductor industry have led to a nearly 120 trillion won ($90 billion) decline in the market capitalization of South Korea's two leading makers of memory chips, Samsung Electronics and SK hynix, over the past month, according to data released on Sund...
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September 20, 2024
Xiaomi takes 2nd spot after Samsung in August smartphone sales
... while creating a buzz with unique premium models to narrow the competitive gap with top players Samsung and Apple. In August, Chinese firm Xiaomi claimed second in terms of global monthly sell-throu...he first time in three years, beating Apple, market tracker Counterpoint Research sa...
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September 19, 2024
Samsung under pressure after Intel's foundry spin-off: analysts
Intel, once the world’s leader in both designing and supplying advanced chips, has decided to spin off its chip manufacturing business in part of the efforts to recover from massive losses. For Samsung Electronics, the rival’s spin-off could pose a threat if successful, accord...
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September 19, 2024
Samsung CEO introduces ‘bold growth’ as new target
Samsung Electronics Vice Chairman and co-CEO Han Jong-hee has introduced “bold growth” as the new target to overcome the company's multifaceted crisis and take a leap toward a future-oriented business structure. “We have worked hard to lay the foundation for 'One Samsun...
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September 19, 2024
Samsung chief travels to France to encourage young talents
Samsung Electronics Chairman Lee Jae-yong traveled to France to attend the closing ceremony of WorldSkills Lyon 2024, the world’s largest skill championship, in a bid to show support to young talents, the company said Wednesday. Presenting the medals and meeting with Korean co...
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September 12, 2024
Samsung’s yearly dilemma looms: Exynos vs. Snapdragon
A seasonal dilemma looms over Samsung Electronics’ flagship Galaxy S phones: using more its own Exynos processors or sticking to rival Qualcomm’s Snapdragon chips. Samsung has poured considerable resources for years into equipping its most important smartphone lineu...