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July 20, 2022
SK hynix delays decision on W4tr plant expansion
...unced more than 1,000 trillion won investment plans combined over the next five years, including Samsung’s 450 trillion won, SK’s 247 trillion won, Hyundai Motor’s 63 trillion won and LG’s 106 trillio...amid the recent depreciation of the Korean currency against the US dollar. Othe...
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July 19, 2022
Chipmakers face China dilemma as Seoul mulls joining US-led chip alliance
...a’s rising influence in the region and maintain a competitive edge in critical technologies in the future. Unlike Japan and Taiwan, who seem willing to join the initiative, South Korea -- home to Samsung Electronics and SK hynix, the world’s top two memory chipmakers – has...
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July 18, 2022
Samsung beats TSMC in advanced smartphone chipset foundry market
Samsung Electronics’ contract-based chip manufacturing operations have surpassed Taiwan-based foundry rival TSMC in terms of smartphone chipset shipments on advanced nodes in the first quarter, data showed Sunday. Samsung captured some 60 percent of market share in t...
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July 17, 2022
Seoul pressured to join chip alliance against China
...nited States-led chip alliance across East Asia is putting the semiconductor powerhouse, home to Samsung and SK hynix, again in a strategic dilemma. Sitting in the crosshairs of US-China economic war... limited to semiconductors. The decision was confirmed soon after US President Joe B...
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July 17, 2022
‘Wage hike pressure due to inflation will be hardest’
... Chey said he thinks Korean companies will manage to withstand the inflationary shock because of their experience dealing with hardship and crisis. Chey believes that granting special pardons to Samsung Electronics Vice Chairman Lee Jae-yong and Lotte Group Chairman Shin Don...
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July 17, 2022
Samsung samples world’s fastest GDDR6 memory using EUV tech
Chip-to-smartphone giant Samsung Electronics said Thursday it has unveiled the industry’s fastest GDDR6-standard memory chips for next-generation graphics cards, using the cutting-edge extreme ultraviolet photolithography process. The newest third-generation 10 nanometer-class...
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July 13, 2022
Korea’s focus on chips sidelines display industry
...LED panels for TVs and LCD panels for electronic devices like smartphones or laptops, as well as Samsung Display, dedicated to small and midsize OLED panels for IT devices. The domestic industry also...ccording to an analyst consensus by market intelligence FnGuide. Chang Jung-hoon, a...
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July 13, 2022
Only 2 Korean firms listed in top 100 ICT companies worldwide: FKI
...tries said Tuesday. The KFI used the database from company tracker S&P Capital IQ to rank the global top 100 ICT companies by market capitalization. According to the FKI’s analysis, South Korea’s Samsung Electronics ranked ninth and SK hynix came in at 56th. With just two ...
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July 11, 2022
Only 6.3% of Korea’s board members are women: survey
...ewer than a thousand women in executive positions, with 914 among a total of 14,418 board members in the latest survey, although the female proportion was on the rise for three consecutive years. Samsung Electronics, the nation’s largest company, may have the largest number ...
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July 08, 2022
Samsung’s upbeat earnings overshadowed by uncertainty
Samsung Electronics’ extraordinary winning streak over the past three quarters is likely to end in the second quarter this year amid growing uncertainties surrounding the war in Ukraine, rising costs and inflation fears. In its earnings guidance released Thursday, the South Ko...
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July 06, 2022
Samsung chief meets Japanese business leaders
Samsung Electronics Vice Chairman Lee Jae-yong held meetings with Japanese business leaders who were staying in Seoul this week to attend the annual gathering of the Korea-Japan Business Council, according to the tech giant on Tuesday. Lee, the de facto leader of Samsung
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July 06, 2022
Samsung chief’s personal fortune falls by W2tr in H1 as stocks dip
The personal fortune of Samsung Electronics Vice Chairman and de facto leader Lee Jae-yong has decreased by over 2 trillion won ($1.54 billion) during the first half of 2022, as shares of key Samsung... a stake in six Samsung affiliates -- de facto holding co...
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July 05, 2022
Korea, Japan business leaders echo urgent need for summit
... countries. Top business leaders who took part in the meeting include Lotte Group Chairman Shin Dong-bin and Kim Yoon, chairman of Samyang Holdings. Executives from other major firms, including Samsung Electronics, Hyundai Motor and LG Electronics, also joined the...
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July 05, 2022
Winds of change shake Samsung’s militant work culture
... South Korea‘s largest and richest conglomerate have been among many features that captured the “Samsung man” -- trained to fit into the gigantic and somewhat militant organization. A shared goal of ...ain its allure for the nation’s best available talent. Starting July, high-rank...
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July 04, 2022
Retail inflows at 2-year low as recession worries mount
... inflation and recession fears are still there,” said Kim Young-hwan, a market strategist at NH Investment & Securities, adding the broad sell-off could affect blue-chip stocks. Market bellwether Samsung Electronics, whose shares retail investors snatched up the most for the...
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July 03, 2022
‘Understanding human desire crucial to mass market appeal’
...under South Korea’s largest conglomerate told a conference Wednesday. Lee Don-tae, president of Samsung Art and Design Institute, speaking at The Korea Herald’s Global Business Forum in Seoul, said t...is on long-lasting value, and at the same time adapts to the fast-changing trend.”...
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July 03, 2022
Samsung starts mass production of world’s first 3-nm chips
Samsung Electronics said Thursday it has started producing chips using its latest 3-nanometer manufacturing technology -- an industry first globally. The 3-nm technology boasts greater transistor density than the current 5-nm technology, which means higher speed and lower power...
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June 29, 2022
4 years in, Koo’s leadership still in making
...rp., the holding unit, on June 29, 2018, following the death of his father, Chairman Koo Bon-moo. He was the youngest person to lead one of the nation’s top four chaebol groups, which also include Samsung, SK and Hyundai Motor. Pragmatism is a keyword that defines his four-year tenure...
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June 29, 2022
Fiscal chief urges businesses to restrain drastic wage hikes
...gulations, labor reforms including of employment terms for contract workers and taxation reforms including a cut in the maximum rate of inheritance tax. Among the participants in the meeting were Samsung Electronics President Rhee In-yong and Hyundai Motor Vice President Chun...
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June 28, 2022
Korea unveils W1tr spending package for AI chip dominance
...on ($794.8 million) in semiconductor chip research and development to maintain its competitive edge in the global chip market. The spending package in the country, home to memory chip powerhouses Samsung Electronics and SK hynix, is aimed at securing a stronger footing in the...
November 26, 2024
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