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January 26, 2023
LG denies decision to pull out of 4th battery plant with GM
...ut the talks could not be obtained. Automotive and battery industry sources in Korea pointed to Samsung SDI, the country’s other battery maker, as the alternative partner for GM to go ahead with its ... Korea Herald. “After the LG Energy Solution fallout, the remaining options for GM...
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January 25, 2023
Will Samsung, Hyundai clash over robots?
South Korea’s two major conglomerates, Samsung and Hyundai, have long been keeping their distance as they avoid competing head-on in their core businesses. But the decades-old unspoken rule may be en... in innovative and futuristic sectors.” Samsung and Hyundai have maintaine...
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January 19, 2023
Samsung's mobile chief confident about new Galaxy S series
While Samsung’s unpacking event for its new flagship Galaxy devices is set to take place in San Francisco on Feb. 1, the tech titan is expected to showcase the Galaxy S23 smartphone series, along wit...e," he said, "I can’t wait to share what’s next with you.” On the same day Roh’s ...
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January 19, 2023
[KH Explains] How soon will microLED replace OLED?
...reducing the use of organic light-emitting diode displays, whose key suppliers are South Korea’s Samsung and LG. In recent years, OLED has been increasingly used in high-end TVs, smartphones and wear...icroLED appears to be prompting rivals and suppliers to bolster preparedness. Appl...
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January 19, 2023
Top 100 firms spend W5.44tr on ESG efforts in 2021
... are also focusing on achieving carbon neutrality. South Korean steel giant Posco, for example, has announced a road map for zero carbon emissions by 2050 via hydrogen projects, the report said. Samsung Display has fostered an eco-friendly ecological plant island a reservoir in Asan, ...
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January 18, 2023
Korea, UAE ink $6.1b in business deals
...o and Industry Minister Lee Chang-yang attended the event, along with business leaders including Samsung Electronics Executive Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Exec... manufacturing, mobility, aerospace, smart farms, materials and bio(technology).” ...
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January 18, 2023
Samsung unveils new high-end image sensor for smartphones
Samsung Electronics unveiled Tuesday its latest 200-megapixel image sensor, the Isocell HP2, with significantly improved resolution and upgraded picture quality for premium smartphones. The new imag...martphones to create higher resolutions, while minimizing the camera bumps on the devic...
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January 18, 2023
Ex-Gucci CFO named head of Shinsegae International
...at & Co. According to Shinsegae International, Kim was also a senior vice president at Burberry, where he was in charge of the brand's digital commerce marketing. He further spent three years in Samsung Electronics' mobile division as the executive vice president of the Global Direct ...
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January 18, 2023
Samsung Biologics to go full throttle during Seollal holiday
Samsung Biologics, the country's largest contract manufacturing company, will run its production lines at full throttle during the upcoming Lunar New Year's holiday to ensure timely delivery of pouring orders, industry sources said Tuesday. An official from Samsung Biologics al...
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January 17, 2023
Corporate Korea pins high hopes on $30b UAE investment
... (teamwork with UAE) to share investment information and sign partnerships," said an official from the Ministry of Finance. The meeting was attended by a slew of Korean business moguls, including Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won and Hyundai Moto...
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January 16, 2023
Chaebol leaders join Yoon's trip to UAE, WEF
Top executives of Samsung, SK and Hyundai are accompanying South Korean President Yoon Suk Yeol on his state visit to the United Arab Emirates as well as to the World Economic Forum, as part of an official business delegation aimed at boosting economic cooperation. Samsung Elec...
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January 15, 2023
Global chipmakers to invest over $300m in AI-designed chips this year
... design semiconductors faster this year as a global chip shortage continues to put a strain on demand, Deloitte Korea said Friday in its report. According to the report, global chipmakers such as Samsung Electronics, Intel and Qualcomm are expected to invest this amount in AI design to...
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January 13, 2023
Samsung Biologics to enter antibody-drug conjugate market
By Shim Woo-hyun Korea Herald correspondent SAN FRANCISCO -- Samsung Biologics pinpointed antibody-drug conjugates, a next-generation technology in cancer treatment, as one of its future growth dri...t in a company specializing in ADC through the Samsung Life Science Fund, a f...
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January 13, 2023
[KH explains] Apple’s move to ditch Korean displays met with skepticism
...w reportedly seeking to use its own displays whose supplies are heavily reliant on South Korea’s Samsung and LG. Bloomberg reported Wednesday that Apple is planning to start using its own micro light... Apple’s ending of the long-held partnership with its Korean suppliers, especially...
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January 12, 2023
[From the Scene] Samsung spurring innovation from Silicon Valley
SRA, where the most advanced tech is developed Just 10 minutes away by car from the DSA headquarters is Samsung Research America, one of the 15 research institutes the Korean tech giant operates in 14 countries. The SRA oversees the conglomerate’s most advanced technologies for the Dev...
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January 12, 2023
Samsung to unveil Galaxy S23 on Feb. 1 in San Francisco
Samsung Electronics on Wednesday sent out invites to its annual unpacking event for its new flagship Galaxy devices that will take place in San Francisco at 10 a.m. on Feb. 1. Entitled “Galaxy Unpac...andards for what’s epic. Join us as one of the first to see the new premium Galaxy in...
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January 11, 2023
Biotech firms flock to JPMorgan Healthcare Conference
...ition to thousands of investors and biotechnology executives from around the world. From Korea, Samsung Biologics, Lotte Biologics and SD Biosensor have been invited to speak at the conference. They ...ir latest updates and corporate visions, as well as business expansion plans for the...
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January 11, 2023
Ford switches to LG for Turkish battery plant
...due to the battery maker’s relatively low yield rate. “SK On’s battery yield rate is estimated at a maximum of about 80 percent, whereas other Korean battery makers such as LG Energy Solution and Samsung SDI put up over 90 percent yield rates,” the source said. A 90 percent battery...
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January 10, 2023
[KH explains] Is Samsung’s robotics ambition taking shape with Rainbow stake?
Samsung Electronics recently purchased a sizeable stake in Rainbow Robotics, a local humanoid robotics company, for 59 billion won ($47 million), offering a glimpse into the South Korean tech giant’s robotics ambitions that are still under wraps. Earlier this month Samsung pur...
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January 10, 2023
SK On mulls scrapping plan for Turkey battery plant
... the US Department of Energy with Ford. If granted, the joint venture could take out a loan worth 30 percent of its business expenses by the second quarter. “SK On’s rivals LG Energy Solution and Samsung SDI -- who are more financially stable -- are also reconsidering their global in...
December 23, 2024
