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November 10, 2023
AI in your pocket: Samsung Galaxy S to feature real-time phone call translator
Samsung Electronics’ flagship Galaxy S smartphones will offer a real-time translation function for phone calls, the tech giant said Thursday. The surprise announcement comes a day after it unveiled ...iants. Samsung Gauss would be playing a role in the smooth operation of Gal...
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November 10, 2023
CATL reduces gap with LG Energy Solution
...in the first three quarters of this year, the Korean company’s global market share dipped 1.1 percentage points from last year’s figure due to CATL’s rise. Other Korean battery makers -- SK On and Samsung SDI -- increased their global battery usage by 13.7 percent and 41.4 percent, r...
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November 10, 2023
Global minimum corporate tax to take effect in Korea next year
Starting from 2024, multinational companies such as Samsung Electronics and SK hynix, which have overseas factories or subsidiaries, are expected to face increased tax obligations. The Ministry of E...ast two of the last four years. South Korea is expected to have around 200 companies, ...
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November 09, 2023
Samsung Electronics unveils own generative AI, Samsung Gauss
Samsung Electronics on Wednesday debuted its own generative artificial intelligence model, dubbed Samsung Gauss, renewing competition with its archrival Apple and other tech giants in the burgeoning ...installed device base. Samsung Gauss consists of Samsung...
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November 08, 2023
Samsung C&T gears for 2023 Smart City Expo World Congress
The engineering and construction division of Samsung C&T Corporation is taking part in the “2023 Smart City Expo World Congress” held in Barcelona to showcase its innovative smart city model ideas, t...ving as a meeting point between industry and government leaders. This year, the E&C ...
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November 08, 2023
Samsung SDI, Volvo Trucks vow to enhance battery partnership
Samsung SDI said Tuesday it is bolstering ties with Volvo Trucks as the two companies celebrate the fifth anniversary of their partnership this year. Samsung SDI CEO Choi Yoon-ho and Martin Lundsted...gthen our strategic partnership with Volvo Trucks that has lasted for the pas...
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November 08, 2023
Samsung CEO highlights AI safety research
Samsung Electronics co-CEO Kyung Kye-hyun, who oversees the tech giant's chips business, called on experts to conduct more in-depth research on the safety, trustworthiness and sustainability of artif...is increasing at the same time,” the chip chief said in his opening speech that screen...
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November 07, 2023
Hyundai to develop own cheaper batteries for EVs
...otor Group official declined to comment on the matter, citing confidentiality, and said, “We are looking into working with small battery makers as well as large companies (like LG Energy Solution, Samsung SDI and SK On) here in Korea.” Hyundai aims to maximize the battery cell’s cap...
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November 07, 2023
Samsung family to sell stakes worth W2.6tr to pay tax
Family members of Samsung Group, South Korea’s biggest conglomerate, are selling stakes worth some 2.57 trillion won ($1.97 billion) to pay their inheritance tax bill, according to a regulatory filin...an additional deal to dispose of her stakes in other Samsung affiliates -- 0...
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November 06, 2023
[Hello Indonesia] Korea, Indonesia to bolster ties on future growth drivers
...cooperation is infrastructure. Indonesia plans to relocate its capital from Jakarta to the new city of Nusantara in Borneo, with hopes of inaugurating it in August of next year. Companies such as Samsung C&T, the construction unit of Samsung Group, and Daewoo Engineering & Co...
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November 06, 2023
[From the Scene] Samsung bets big on package substrates for future chips
SEJONG -- With the increasing demand for next-generation semiconductors globally, Samsung Electro-Mechanics, an electronic parts manufacturing affiliate of Samsung Electronics, has been seeking to take the lead in the chip package substrate market. On Thursday, Samsung
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November 05, 2023
Samsung files complaint in US against BOE for allegedly leaking trade secrets
Samsung Display has filed a complaint against BOE Technology and seven of its affiliates to the United States’ International Trade Commission, claiming the Chinese display makers violated trade secre...vestigation is expected to kick off early next month. In a separate case, the ITC bac...
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November 03, 2023
[Herald Interview] Merck seeks growth with Korean chipmakers
...rman technology firm Merck sees Korea, the home of the world's two largest memory chip producers Samsung Electronics and SK hynix, still an attractive destination for business. “The leading players i...r position is to ensure that we are a successful equipment and materials supplier t...
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November 03, 2023
Yoon hosts private banquet with chaebol chiefs
South Korean President Yoon Suk Yeol invited the chiefs of the country's top conglomerates -- Samsung Electronics, SK Group and LG Group -- to a private banquet Tuesday to discuss pending issues, according to industry sources on Thursday. Samsung Electronics Chairman Lee Jae-yo...
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November 02, 2023
Samsung marks 54th anniversary, highlights unrivaled leadership in technology
Samsung Electronics Vice Chairman Han Jong-hee underscored the importance of maintaining industry leadership in technology as the company celebrated its 54th anniversary on Wednesday. Samsung, one o...ocial responsibility campaign for all employees to make donations and carry o...
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November 01, 2023
Samsung reduces chip losses in Q3, eyes rebound
Samsung Electronics said Tuesday it reduced its deficit in the memory chip business in the July-September period while posting better-than-expected profits in mobile and display businesses. Samsung'...won and 3.1 trillion won will be injected into its chip business and its disp...
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October 30, 2023
[KH Explains] Card firms increasingly hesitant over Apple Pay
... of 195,000, surpassing all local competitors. However, Hyundai Card's new members have steadily declined over the subsequent five months. The numbers dropped to 159,000 in April, 139,000 in May, 120,000 in June, 115,000 in July and 110,000 in August. This August figure ranked fifth, trailing ...
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October 29, 2023
Seoul shares make slight recovery after massive fall
...igh. The market is at a stage where we have to watch out for economic slowdown rather than higher rates," Lee Woong-chan, analyst at Hi Investment & Securities, said. On Friday, market bellwether Samsung Electronics closed at 67,300 won, up 0.9 percent from the day before. SK hynix, th...
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October 27, 2023
Samsung SDI logs record-high Q3 sales on solid EV battery demand
Samsung SDI said Thursday it has posted a record-high revenue in the third quarter, driven by upbeat sales of electric vehicle batteries. In the July–September period, the company’s revenue surged 1...ategy,” said Michael Son, marketing vice president of the midsized and large battery...
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October 27, 2023
[KH Explains] A look back on Lee Jae-yong's first 'New Samsung' year
...wth engines in futuristic fields, in addition to the group’s core chip and battery businesses. "Samsung needs to balance its memory chip and non-memory chip businesses to avoid being vulnerable to gl...n sectors, including bio, artificial intelligence and robots. With more than 100 tr...
December 23, 2024
