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August 09, 2022
Seoul weighs ‘Chip 4’ alliance as ties with China hang in balance
... chipmaking nations along with the United States, Taiwan and Japan, amid mounting concerns over China’s retaliation. Seoul has had to tread carefully around Beijing, as memory chip giants such as Samsung Electronics and SK hynix fear that its chipmaking base in China might b...
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August 08, 2022
SK hynix’s W122tr chip cluster project hits snag over water dispute
... of water, electricity and land required to run a semiconductor factory. It took five years for Samsung Electronics to resolve a conflict surrounding a 23-kilometer power cable from Anseong, Gyeonggi...ction called on Samsung to build a tunnel and bury the cable und...
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August 05, 2022
Samsung to supply 5G equipment to India’s Airtel
Samsung Electronics said Thursday that it has inked a deal to supply 5G network equipment to India’s telecom giant Bharti Airtel, its first 5G equipment deal made in the world’s second-largest teleco... further bolster ties for the upcoming 5G era,” said Jeon Kyoung-hoon, net...
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August 04, 2022
Samsung rolls out futuristic memory, storage tech tailored to big data
Memory chip giant Samsung Electronics said Wednesday it unveiled a set of next-generation memory and storage technologies to better address various client demands for handling big data. Choi Jin-hyeok, executive vice president of memory solution and product development at ...
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August 03, 2022
Lawmakers float bill to triple tax benefits for chipmakers
...ers spend on facilities will now be deductible. This is up more than three times the 6 percent under the current Restriction of Special Taxation Act. This rule will apply to chipmaking giants like Samsung Electronics and SK hynix. Moreover, small- and mid-sized chipmakers wil...
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August 02, 2022
SK Geo Centric, Tokuyama to build wafer washing agent plant
...ile Tokuyama is set to provide the underlying technology to manufacture the advanced material. The high-purity wafer cleaning material has been supplied to the country’s chipmaking giants such as Samsung Electronics and SK hynix. Korean chipmakers have relied on companies li...
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August 02, 2022
Samsung publishes paper on artificial muscle actuators for VR devices
Samsung Electronics said Monday its joint research team with Ajou University published a paper last month on the wider adoption of artificial muscle actuators for wearables in Nature Communications, an online publisher affiliated with Nature, the science journal. The paper, tit...
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August 01, 2022
Foreign investors turn net buyers of S. Korean stocks in July
..., with Argentina topping the list at 38.52 percent, followed by Australia at 9.45 percent, the US at 9.11 percent, France at 8.87 percent and India at 8.54 percent in the same period. Chip giants Samsung Electronics and SK hynix, battery makers LG Energy Solution and Sam...
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August 01, 2022
[Market Eye] Will Samsung make cars again?
“Will Samsung make cars again?” is a decades-old question that has dogged the tech giant since it sold off its automotive business to Renault Group during the Asian financial crisis in the late 1990s...first movers in future mobility from EVs to connected driving to ultimately autonomou...
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July 31, 2022
Skepticism grows over Yoon’s war against illegal stock short selling
...th a 1 billion won ($766,000) fine in February due to murky short selling of some 150 million shares of 938 companies worth 5.9 trillion won between February 2017 to May 2020, including 26 million Samsung Electronics shares. With financial authorities failing to detect signs ...
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July 31, 2022
Widodo asks Hyundai Motor to join capital relocation project
...ct, based on its experience of developing the smart city of Songdo in Incheon. Earlier in the day, Widodo also met executives of South Korean companies that run businesses in Indonesia, including Samsung Electronics, SK, LG, Lotte, LX Holdings, KCC, LS Cable and CJ CheilJedan...
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July 31, 2022
Samsung’s profit surges 12% in Q2 on server demand, premium phone sales
Samsung Electronics logged an operating profit of 14.1 trillion won ($10.77 billion) during the second quarter, up 12.2 percent from the previous year despite rising material prices and recession fea...e computing applications, as well as overall yield improvement, according to ...
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July 28, 2022
SK chief unveils $22b investment plan in meeting with Biden
...ionately called the tycoon by his English name “Tony.” In recent months, Biden has held a series of meetings with South Korean chaebol leaders. During his visit to Seoul in May, he looked around Samsung Electronics’ chip-making complex, with Vice Chairman Lee Jae-yong off...
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July 28, 2022
Samsung to help local logic chip designers save prototype costs
Samsung Electronics’ semiconductor chip foundry business looks to help select smaller chip design houses to create prototypes and validate the pre-production concepts of their own chips. According t...from August this year until July 2023. Choi Si-young, president and head of...
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July 27, 2022
Chinese envoy warns Korea against ‘interference’ in chip supply chain
...ing told Rep. Yang Hyang-ja of the ruling People Power Party on Monday. The embassy disclosed details of the meeting on its WeChat social media account, according to local reports. Yang, a former Samsung Electronics executive-turned-lawmaker, has been leading the special comm...
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July 27, 2022
Biden, SK chief to hold virtual meeting on July 26
... to have been changed to a video meeting due to Biden’s contraction of COVID-19. Biden was confirmed to have tested positive last week. Their upcoming meeting comes after Biden held meetings with Samsung Electronics Vice Chairman Lee Jae-yong and Hyundai Motor Group Chairman...
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July 26, 2022
Samsung starts shipping world’s first 3nm chips
Samsung Electronics has started shipping chips produced using the world’s most advanced 3-nanometer manufacturing technology, which has drastically improved power consumption and performance. On Monday, the tech giant held a ceremony to celebrate the departure of the first bat...
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July 22, 2022
Samsung foldable smartphones close in on 10 million shipments
Ahead of the global unveiling event for Samsung Electronics’ newest mobile lineup, the Z Fold 4 and Z Flip 4, next month, the company’s mobile business chief said Thursday that its foldable series is having its moment with shipments of foldables nearing the 10 million mark. “...
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July 22, 2022
S. Korea targets W340tr investment for chip supremacy
...han 150,000 skilled workers in the field. As chips are increasingly being perceived as key economic security assets around the world, South Korea -- home to the world’s top two memory chipmakers, Samsung Electronics and SK hynix -- has also come up with a more comprehensive ...
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July 21, 2022
Samsung to debut new foldable phones on Aug. 10
Samsung Electronics on Wednesday sent out invites to the 2022 Galaxy Unpacked event for its new foldable phones that will be held online via its official website at 10 p.m. (Korea time) on Aug. 10. Titled “Unfold Your World,” the event will feature Samsung’s latest...