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June 01, 2023
Samsung employees donate W230m via May campaign
Samsung Electronics said Wednesday it has donated over 230 million won ($174,000) by launching a socially responsible campaign in May, driven by employee participation, to support 20 children from lo...numerous anonymous donations, is trying to spread a culture of donation throughout affi...
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May 31, 2023
Is China feeling pressure from its own ban against Micron?
...e able to supply some demand for NAND flash, there is no Chinese company producing Dram. Korea's Samsung Electronics and SK hynix are the major suppliers for the country," the official said. Yangtze M... to China, or shift its chip market to the US or any other country in the short term...
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May 31, 2023
Samsung self-repair service becomes available in Korea
Samsung Electronics said Monday it is offering a self-repair service program in South Korea for key products, including Galaxy smartphones, laptops and TVs, following the program's debut in the US la... include the Galaxy S20, S21 and S22 smartphones, Galaxy Book Pro laptops and three 32-...
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May 29, 2023
Foreign investors return to Korean stock market
...ous two years. The buying spree of foreign investors was led by big-name tech giants, including Samsung Electronics and SK hynix, backed by hopes that the global semiconductor industry has neared the... 100,000 won mark on Thursday for the first time in 10 months, since July 2022. “M...
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May 25, 2023
S. Korea asks US to give more leeway on chip expansion in China
...r, with less than 128-layer NAND flash and over 18nm DRAM -- the older, and less critical chips. The release of the guardrail proposal has prompted concerns for Korea’s leading chipmakers such as Samsung Electronics and SK hynix, which seek to receive US subsidies for their envisioned...
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May 24, 2023
Posco sweeps medals at Stainless Steel Awards
... used for air-conditioning refrigerant piping. The 430 DP steel is a material co-developed with Samsung Electronics that has enhanced strength by 50 percent despite a 20 percent decrease in thickness...ear. Starting with the latest collaboration, Posco said it plans to extend its part...
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May 24, 2023
Samsung Health bets big on sleep-tracking
Samsung Electronics said Tuesday it is working on advanced sleep-tracking technology as it seeks to boost its burgeoning health solutions business on its smartwatches. “Launched in 2012, Samsung Hea...ce more innovative features to help users better understand and stay on top ...
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May 24, 2023
ASM determined to expand investment in Korea: CEO
...an equipment companies, the ASM chief underscored that local firms will have to make "very significant effort" to catch up with the R&D capabilities it has built over the past two decades. Having Samsung Electronics and SK hynix in its list of industry-leading clients, ASM will also co...
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May 23, 2023
[KH explains] Will Kakao Pay become Korea’s answer to Robinhood?
...et share as well. The reactions of some analysts, however, were mixed over the costly deal between Kakao Pay and Siebert. “We are conservative about the synergy,” said Kim Jae-woo, an analyst at Samsung Securities. “Considering the small business size of Siebert, its acquisition is...
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May 23, 2023
Samsung mulls moving launch date forward for upcoming foldable phones
Samsung Electronics is considering holding the upcoming unpacking event for its new foldable phones at home in Korea while advancing its launch schedule to earlier than usual, industry sources said M...onals due to the country's border disputes with China might also serve as a favorable f...
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May 23, 2023
Pressure mounts on Korean chipmakers as China restricts Micron chip sales
... public, the two countries account for similar portions of the the world's No. 1 DRAM chip maker Samsung Electronics' total chip sales. SK hynix also has the two countries as its top two clients, with...ial Times citing several unnamed sources, both the US and Korean government refused ...
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May 23, 2023
Samsung-backed Rainbow Robotics seeks bigger footing in US
Rainbow Robotics, in which Samsung Electronics recently secured a total of 14.99 percent stake, is seeking to secure a footing in the US as it participates in this week’s US Automate, North America’s largest automation trade show. The company plans to showcase its five collaborative ro...
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May 22, 2023
Kioxia-Western Digital merger talks no immediate threat to Samsung, SK
...merger to achieve market prowess, eyes are on how the move will impact the current market leader Samsung Electronics. In a report last week, Reuters said Japan's Kioxia Holdings and the US' Western D...t leaders is raising questions on the impact it will have on South Korea's two memor...
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May 21, 2023
Naver Pay installations surge 186% following partnership with Samsung Pay
Naver Pay app installations soared 186 percent to 470,000 in April, a month after it integrated its payment service with Samsung Pay, according to Naver Financial. "We see that the number of app installations for Samsung Pay's interlinked offline payment service has significant...
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May 19, 2023
Samsung SDS targets global reach with Cello Square
Samsung SDS announced Thursday the company’s plan to upgrade Cello Square, its digital forwarding platform offering one-stop freight shipping solutions, and tap deeper into the global market, through further digitalization. The IT solution provider affiliated with Samsung Grou...
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May 19, 2023
Samsung starts mass production of most advanced DRAM chips
Samsung Electronics, the world’s largest memory chip maker, said Thursday it kicked off the mass production of its 16-gigabit DDR5 DRAM, which utilizes the industry’s most advanced 12 nanometer-class...ond, which translates into speeds that can process two 30 gigabyte UHD movies in abou...
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May 18, 2023
Kishida to meet tech CEOs in renewed chip push
Japanese Prime Minister Fumio Kishida has invited the heads of global chipmakers, including Samsung Electronics, to meet, in an apparent move to boost his nation’s chip industry, according to Japan’s Yomiuri Shimbun newspaper on Wednesday. The media outlet said a total of seven compani...
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May 18, 2023
LG Display could turn profit with Samsung OLED deal: report
LG Display, which has been suffering operating losses in recent months, could turn a profit next year if it starts supplying OLED panels to Samsung Electronics as early as this quarter, an analyst report said Wednesday. “LG Display is expected to supply 77-inch, 83-inch OLED panels to <...
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May 17, 2023
Major firms’ profits nearly halved in chip downturn
...ed up 6.8 percent to record 700.7 trillion won in the first quarter of this year. For the severe drop in the combined operating income, the corporate tracker attributed to the poor performance of Samsung Electronics and SK hynix, the world’s No. 1 and No. 2 memory chip makers, respect...
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May 16, 2023
BOK, Samsung join hands for offline payment using CBDC
The Bank of Korea and Samsung Electronics on Monday have joined hands to develop Central Bank Digital Currency technology that enables transactions to be made without internet access. The two sides signed a memorandum of understanding at Samsung’s headquarters in Suwon, Gyeong...
December 23, 2024
