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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...nput, multiple-output) radios, and offer optimization and maintenance services. With...
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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 Samsung
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August 04, 2022
6 Korean firms join cross-border carbon capture, storage project
...ross-border project that transports carbon captured in South Korea to Malaysia for storage, the firms said Wednesday. For the project named Shepherd CCS, the six companies, SK Energy, SK Earthon, Samsung Engineering, Samsung Heavy Industries, Lotte Chemical and GS Energy, sig...
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August 03, 2022
Samsung Biologics ready for mRNA substance production
Contract manufacturing giant Samsung Biologics said Tuesday it has successfully completed the first commercial-scale engineering run of the drug substance for COVID-19 messenger RNA vaccines. With t...iences. After months of technology transfer, the two firms completed manufacturing faci...
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August 03, 2022
Lawmakers float bill to triple tax benefits for chipmakers
... 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 will see a tax credit of 2...istries and multiple parties are involved in the chipmaking industry. In light of t...
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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 like LG Chem...
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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, ... core hardware technology for a more immersive and interactive experience,” said Shin ...
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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 Samsung ...
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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...ected driving to ultimately autonomous driving. Samsung is no exception. O...
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August 01, 2022
FTC puts off plan to hold foreign CEOs more responsible
... billion) in total assets. The regulator identifies a specific person at each large company, usually a conglomerate, who controls the operation of the business, such as Lee Jae-yong as the head of Samsung. Foreign CEOs, meanwhile, have not been listed, even if the size of their business...
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July 31, 2022
Hanwha revamps defense business, with aim to create ‘Korea Lockheed Martin’
... System will be acquired by chemicals-to-energy affiliate Hanwha Impact, setting the latter with an expanded foothold in terms of hydrogen business value chain. In a 2 trillion won mega deal with Samsung Group in 2014, Hanwha acquired then Samsung Techwin and Samsung
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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 of the Kor...
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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 CheilJedang. On the...
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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...ision also started supplying the world’s first 200-mega pixel sensors. Pyee Jae-geol,...
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July 28, 2022
SK chief unveils $22b investment plan in meeting with Biden
...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 offering him a personal tour. During the visit, he also met with Hyundai Motor Group Chairman Chung Euisun. Both
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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 foundry b...
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July 27, 2022
Chinese envoy warns Korea against ‘interference’ in chip supply chain
...s 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 committee dedicated to nurt...an chipmaking giants are bracing against possible retaliatory actions by the Chinese...
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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 Chung Eui...
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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 Mon...i Province, with some 100 company and government officials in attendance. The 3nm tec...
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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...00 percent from 2020, and I predict this fast-paced growth will continue,” Roh Tae-m...
December 24, 2024
