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August 27, 2024
80% of young Korean workers turn to AI for solutions: report
...ntelligence technology is a go-to tool in the workplace for an overwhelming majority of young adults in South Korea, who favor AI at a far greater rate than their counterparts in other countries. Samsung Electronics released "The 2024 AI-Preneur Effect" looking into how Gen Z...
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August 27, 2024
Samsung, Qualcomm team up for car chips
Samsung Electronics, the world's No. 1 memory chipmaker, said Tuesday that it has partnered with US chip giant Qualcomm Technologies to produce advanced chips for diverse automotive solutions. The K... the automotive industry,” said Cho Hyun-duk, vice president and head of the...
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August 26, 2024
Kioxia's IPO expected to bring windfall for SK hynix: analysts
...ted to have a limited effect on the NAND supply since the enterprise solid-state drive market, where demand is growing rapidly, is predominantly controlled by SK hynix, which is ranked second, and Samsung Electronics, which is ranked first. This market is characterized by an o...
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August 25, 2024
Korea's 'value-up' efforts stall on 0.7% corporate participation
...e these gains, other sectors remain hesitant due to a lack of binding measures. On Friday, LG Electronics became the first of Korea’s top ten conglomerates to commit, issuing a prenotice and promisin...Wednesday's meeting led by KRX CEO Jeong Eun-bo with executives from Korea’s top c...
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August 25, 2024
Chaebol leaders to join Yoon's state visit to Czech Republic
...ustries. Upon Yoon’s visit, the Korea Chamber of Commerce and Industry, the nation’s largest business lobby, plans to arrange a business delegation and the leaders of the top four conglomerates – Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hy...
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August 25, 2024
Samsung Electro-Mechanics to boost sales of high-end chip substrates
Samsung Electro-Mechanics, the electronic parts manufacturing affiliate of Samsung Electronics, said Sunday it will ramp up the sales portion of high-end flip chip ball grid array (FCBGA) substrates for servers and artificial intelligence to over 50 percent by 2026. F...
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August 22, 2024
Samsung to widen gap with Chinese rivals with AI TVs
Samsung Electronics said it is confident in maintaining its No. 1 position in the global TV market by widening the gap with Chinese rivals with its advanced artificial intelligence technology. “We b...s, transcends the traditional TV viewing experience. “We are establishing ...
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August 21, 2024
Percentage of younger employees drops at major Korean companies: report
... same period. The shift in demographics was more pronounced in the information technology and electronics industry, which marked a drop of 5.3 percentage points in the youngest age group -- 34.2 perc...crease in terms of 50 and older employees, going from 24.6 percent to 28.8 percent. ...
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August 20, 2024
Percentage of younger employees drops at major Korean companies: report
... same period. The shift in demographics was more pronounced in the information technology and electronics industry, which marked a drop of 5.3 percentage points in the youngest age group -- 34.2 perc...crease in terms of 50 and older employees, going from 24.6 percent to 28.8 percent. ...
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August 19, 2024
Bankers better paid than Samsung, Hyundai Motor workers
...rovided 55 million won. In a straightforward comparison, the average salary at the four commercial banks, 60.5 million won, surpassed the 54 million won paid by South Korea’s biggest corporation, Samsung Electronics, during the same period. SK hynix, the second-largest chipm...
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August 19, 2024
Samsung tops global TV sales, closely chased by Chinese rivals
While Samsung Electronics maintained its No. 1 position as a TV-maker in the first half of this year, Chinese rivals seem to be ramping up their game to close the gap. Market tracker Counterpoint Research said Monday that global TV shipments grew in the April-June period for th...
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August 18, 2024
SK hynix sales more than double in China, US in H1
...rcent on-year. SK hynix maintained No. 2 in the market, posting sales of $7.9 billion to take 34.5 percent of the market. The company’s market share increased by 3.4 percentage points on-quarter. Samsung Electronics, the largest memory chip maker by revenue, logged sales of ...
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August 16, 2024
SK hynix's DRAM market share rises, buoyed by HBM growth
...rket in the second quarter of this year, according to market tracker TrendForce Friday. In the April-June period, DRAM sales totaled $22.9 billion, a 24.8 percent jump from the previous quarter. Samsung Electronics, the world’s largest memory chipmaker, retained its No. 1 p...
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August 16, 2024
Chipmakers cut executive pay on lukewarm sales
...in their paychecks in the first half of the year, with the semiconductors industry suffering the most drastic cuts due to lukewarm earnings, according to their half-year salary reports Wednesday. Samsung Electronics and SK hynix, the nation’s top two chipmakers, are consider...
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August 15, 2024
Samsung faces tougher SE Asia challenge from China
Samsung Electronics has retained its leading position in Southeast Asia’s major smartphone markets, but faces fiercer competition from Chinese rivals with cheaper pricing, according to an industry report Thursday. In the April-June period, Samsung held an 18 percent ...
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August 13, 2024
Chipmakers keen on enhancing power efficiency of AI chips
... automotive solutions. It has a lot of growth potential." The world's largest memory-chip-maker Samsung Electronics announced last week it had started mass production of the world's thinnest LPDDR5X ...tracompact package," said Bae Yong-cheol, executive vice president of memo...
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August 13, 2024
Telecom carriers rush to launch call recording features for iPhones
...plans for the release yet. The AI call recording function is attracting mobile carriers' and users’ attention because of its lack of availability on the iPhone. Unlike Android smartphones such as Samsung Electronics' flagship Galaxy phones, iPhones with iOS have not offered ...
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August 12, 2024
Samsung, LG to challenge Chinese rivals with 'all-in-one' robot vacuums
...g only minimum intervention from users. With one press of the "start" button, the machine automatically scrubs away dirt and mops the floor, then also washes and dries the rag by itself, LG said. Samsung Electronics released the Bespoke AI Steam robot vacuum in April, with al...
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August 11, 2024
SK hynix gives boost to chip exports to Taiwan
...ges the GPUs along with HBM chips supplied by SK hynix and Micron Technology to produce AI accelerators for Nvidia. Currently, SK hynix is the only Korean chipmaker to supply HBM chips to Nvidia. Samsung Electronics, the world’s No. 1 memory chip maker, is also carrying out ...
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August 08, 2024
Samsung’s HBM3E chip still under review by Nvidia
Samsung Electronics on Wednesday denied a Reuters report that its fifth-generation HBM3E chip has passed Nvidia's qualification test for use, saying it is "still running tests with major clients." The news outlet reported earlier in the day that Samsung has cleared Nv...
November 25, 2024
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