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August 29, 2023
Samsung recruiting foreign tech talent to work at Korean operations
Samsung Group's key technology affiliates -- Samsung Electronics, Samsung Display and Samsung SDI -- will hire experienced workers with research and development capabilities from outside the country, according to industry sources on Monday. South Korea's lar...
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August 28, 2023
‘Samsung needs control tower’: compliance committee chief
Samsung Group is a "massive aircraft carrier" and so it needs a control tower for better efficiency and unity, the chief of the tech giant's compliance committee said in an interview with a local new...ommendation, Samsung's key affiliates, including Samsung Electronic...
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August 27, 2023
KT CEO nominee to debut at global leadership conference next month
...ndustry leaders to define the strategy and policy for the next generation of digital nations. Some other speakers from local industry players include Kim Woo-june, head of the network business at Samsung Electronics; Chae Seon-ju, president of ESG and a board member at Naver; BC Card C...
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August 25, 2023
Samsung Food to debut at IFA
Park said Samsung Food seeks to bring together food enthusiasts around the world, and that the company expects to secure at least a million users around the end of this year. The new platform will h... to food and cooking. Within this year, the new platform will also offer connected ser...
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August 25, 2023
Naver's HyperClova X AI unrivaled in Hangeul
...o encourage their diversity and grow further with our technology," Choi said. “We hope that the system will be established in a win-win way for content companies and technology companies in the AI data learning process,” she said. “We'll also work with global partners such as Samsung...
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August 23, 2023
New FKI chief vows to ensure transparency to 'clean up dark past' as chaebol rejoin
... Geun-hye. At the time, key member companies, including the country's big four conglomerates -- Samsung, Hyundai Motor, SK and LG -- sought to keep a distance from the FKI by terminating membership. ...tes who were members of the FKI, Samsung Securities was the only one that ...
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August 22, 2023
Samsung’s WindFree AC is peak of luxury design: top interior designer
...s bedroom." The latest air conditioner also stands out in terms of its enhanced functionality. Samsung unveiled its first WindFree air conditioner in 2016, which disperses cold air through micro-hol...rom the ceiling," Kwon said. "If you are seeking high-end, timeless interior design...
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August 22, 2023
SK hynix unveils HBM3E, supplies sample to Nvidia
..., Nvidia said. SK hynix has been considered the front-runner in the HBM market, taking up almost 50 percent of the market share as of 2022, according to data released by TrendForce. For this year, the market tracker expects both Samsung Electronics and SK hynix to each take 46 to 49 pe...
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August 22, 2023
Big 4 chaebol groups seek to rebuild FKI
South Korea’s top four chaebol groups -- Samsung, SK, Hyundai Motor and LG -- are likely to rejoin the Federation of Korean Industries, the disgraced business lobby group that has remained practicall...es including Samsung Electronics, Samsung SDI, Samsung L...
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August 21, 2023
Samsung SDI seeks global tech talent
Some 200 participants attended Samsung SDI's job fair in Korea on Friday, the firm said Sunday, as it seeks to secure top tech talent to continue its growth momentum. In cooperation with local unive...cutives. “It all comes down to people to materialize our business goal. Be the star t...
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August 20, 2023
Listed firms’ earnings plunge in H1
...t on-year. The drop in profit was the largest seen since the KRX began compiling the data in 2005. But the firms' total sales rose 2.28 percent on-year to a record 1,390 trillion won. Tech giant Samsung Electronics accounted for 8.9 percent of the total sales. Yet the average operati...
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August 20, 2023
Samsung Group gets partial go ahead to rejoin S. Korea's largest business lobby group
An independent compliance committee responsible for oversight of South Korea's largest conglomerate, Samsung, gave a partial go-ahead for the group’s reentry to the Federation of Korean Industries, the country’s largest business interest group. Samsung withdrew from the FKI i...
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August 17, 2023
Samsung sells ASML stakes to secure W3tr
Samsung Electronics sold a portion of its stakes in Dutch chip equipment maker ASML and secured 3 trillion won ($2.24 billion) in cash, the company reported in its semi-annual report Monday. In the ... Engineering, a machinery company based in South Korea to secure 67.6 billion won. In ...
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August 17, 2023
Samsung’s Taylor fab secures first order from AI startup Groq
Samsung Electronics, the world’s largest memory chip maker, has forged a partnership with Groq, a US-based artificial intelligence inference systems provider, securing the first chip order for its se...ounder of Groq said. Marco Chisari, executive vice president of Samsung Ele...
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August 16, 2023
[KH Explains] Samsung, LG to make motor show debuts next month
Samsung Electronics and LG Electronics will attend IAA Mobility 2023, a major global automotive fair, for the first time next month, signifying the South Korean electronics giants’ emphasis on the au...ution division, which is in charge of chip businesses, will take part in IAA Mobility ...
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August 16, 2023
Chip inventory of Samsung, SK hits W50tr
Samsung Electronics’ chip division and SK hynix have seen their inventories surge in the first half of this year, surpassing a combined 50 trillion won ($37.3 billion), according to the semi-annual r...the two firms on DART, the Financial Supervisory Service's electronic disclosure board...
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August 16, 2023
Lotte chairman highest-paid chaebol leader in H1
... his son Kim Dong-kwan, Hanwha Solutions president, received 4.6 billion won. Hyundai Motor Group Executive Chair Chung Euisun took 3.25 billion won in wages, matching the same period last year. Samsung Electronics Chairman Lee Jae-yong did not receive any wages. He has not taken a sa...
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August 14, 2023
Frozen Iranian funds released
...a imported 13.2 percent of its oil from Iran, the third largest amount following Saudi Arabia at 28.5 percent and Kuwait at 14.3 percent in 2017. It remains to be seen whether Korea’s tech giants Samsung and LG can resume their suspended sales in Iran. Following the US sanctions in 2...
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August 13, 2023
Samsung officially launches Galaxy Z Flip5, Fold5 phones in 50 countries
Samsung Electronics on Friday announced the official launch of its latest foldable smartphones -- the Galaxy Z Flip5 and Fold5 -- in some 50 countries, after record preorders for the foldables at hom...rly users’ response to the new Galaxy devices has been demonstrated by pre-order momen...
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August 11, 2023
Nvidia’s new AI chip to offer boon for Korean chip giants’ HBM business
...e as of 2022, in the data released by TrendForce. For this year, the market tracker expects both Samsung and SK hynix will each take 46 to 49 percent of the market share, and Micron Technology to take...st 12-layer HBM3. At present, the company is the only one capable of mass-producing ...
December 23, 2024
