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October 13, 2024
SK heiress weds Chinese American entrepreneur
...ornia. The wedding was held at the Grand Walkerhill Hotel, operated by SK Group subsidiary SK Networks, and was attended by SK owner families and the country's top conglomerate leaders, including Samsung Electronics Chairman Lee Jae-yong and LG Group Chairman Koo Kwang-mo. Hyundai Moto...
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October 13, 2024
Posco Future M's NCA cathode plant in Pohang goes online
...CA cathode materials, with 88 percent nickel content, are key for making EV batteries more efficient. In January 2023, Posco Future M secured a 40 trillion won ($29.6 billion) supply contract with Samsung SDI to provide NCA cathode materials from its Gwangyang facility. To keep pace wit...
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October 13, 2024
Samsung SDI seeks out top tech talent in Europe
Samsung SDI invited over 60 students and industry experts from Europe’s top institutions at its tech and career forum in London, aiming to secure global talent to strengthen the firm's technological ...es and fulfill their dreams,” Choi told the participants. “Together, we will build t...
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October 11, 2024
Merck opens new chip materials R&D center in Korea
...ly to its customer needs here. The company held the opening ceremony of the latest facility at the production site that same day. Attendees include senior executives of Merck and its key clients, Samsung Electronics and SK hynix. The new facility, the second of its kind in Asia, is eq...
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October 10, 2024
[KH explains] Will CATL’s Korean push reshape battery alliance with Hyundai, Kia?
...eportedly seeking a bigger footing in Korea, the home turf of its archrivals LG Energy Solution, Samsung SDI and SK On, and a crucial client, Hyundai Motor Group. According to industry sources, the C...L supplies batteries to 23 EVs here, compared to 35 of LG Energy Solution, 26 of SK ...
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October 10, 2024
Will Apple quit smart ring race with Samsung?
After the July launch of Samsung Electronics’ Galaxy Ring, several tech rivals have jumped into the smart ring race. But rumors are rampant that Apple may have scrapped its long-held plan for its own...w products are continuously being launched, the smart ring market is expected to be do...
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October 08, 2024
[KH Explains] Samsung chief say he is still ‘hungry’ for foundry growth
Samsung Electronics Chairman Lee Jae-yong on Monday put an end to the long-standing rumor that the memory chip giant might spin off its lackluster foundry business, saying he is still “hungry” for gr...unced it would separate its loss-making foundry business, fueling the rumor that its ...
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October 08, 2024
Samsung's chip head apologizes as Q3 earnings miss estimates
Samsung Electronics predicted Tuesday that its operating profit for the July-September period would miss market expectations due to slow recovery in memory demand and the lackluster performance of Hi...of 79 trillion won, up 17.2 percent from a year ago. The figure is an all-time quarterl...
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October 07, 2024
Interactive booths highlight wellness, pet care
...l volunteer group to provide a pet shelter booth, offering a resting place for tired pets while promoting the adoption of rescue animals. Corporate participants also made their mark at the event. Samsung Fire & Marine Insurance highlighted its pet insurance and initiatives for environm...
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October 07, 2024
Samsung chief calls for active MLCC response in Philippines
Samsung Electronics Chairman Lee Jae-yong visited the production base of multilayer ceramic capacitors for Samsung Electro-Mechanics, the electronic parts manufacturing affiliate of Samsung Electronics, in Calamba, Philippines, Sunday, according to the tech giant on Mo...
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October 07, 2024
Samsung Biologics to lure global clients at CPHI 2024
South Korea's leading contract development and manufacturing organization Samsung Biologics said Monday it will participate in Europe’s largest bio conference, the Convention on Pharmaceutical Ingred...o Thursday, with over 2,400 companies from 166 countries and 62,000 attendees expected...
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October 06, 2024
[Herald Interview] Toonsquare ventures to open new era for webtoon creation with AI
...stry is well-established and audiences demand high-quality content," said Lee in a recent interview with The Korea Herald at the company’s southern Seoul office. Founded in 2017 by Lee and former Samsung Electronics colleagues -- including Chief Technology Officer Choi Ho-sup and Chie...
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October 06, 2024
Market uncertain on Korea's October rate cut despite slowed inflation
...tressed that "the Korean economy cannot afford to wait (for a rate cut) until the rise in housing prices clearly slows down." Senior analysts Cho Yong-gu of Shinyoung Securities and Kim Ji-man of Samsung Securities expressed confidence in an October cut, but they expect the BOK to proc...
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October 04, 2024
Samsung unveils 'personalized AI' for all devices
Samsung Electronics announced it would be introducing artificial intelligence in all of its major home appliances and mobile devices to offer a more personalized and secure user experience, at this y...Samsung devices but partner devices as well, Samsung said. In the ...
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October 04, 2024
Samsung starts mass production of industry's top-level SSD for on-device AI PCs
Samsung Electronics, the world’s largest maker of memory chips, announced Friday it started mass producing the industry’s highest-performing solid-state drive with the largest capacity, making it opt...y our key partners,” said Bae Yong-cheol, executive vice president of memory product...
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October 04, 2024
Kospi slump hits retail investors hard in Q3, but foreign investors gain
...amid the Kospi’s bearish trend in the period, market data showed on Thursday. According to the Korea Exchange, the most purchased stock by South Korean retail investors from July to September was Samsung Electronics, the world’s largest memory chipmaker, with net purchases totaling 7...
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October 04, 2024
LG Display to swing back to profit next year: Analysts
...unfavorable won-dollar exchange rate and one-off payments," Chang Jung-hoon, a senior analyst at Samsung Securities, said. One-off payments include the company's spending on its voluntary retirement a... expensive than the less advanced Low-Temperature Polycrystalline Silicon panels. LG...
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October 02, 2024
Samsung tightens its belt amid crisis winds
Samsung Electronics, a leading tech giant in smartphones and semiconductors, is seen implementing austerity measures, reducing headcounts and downsizing celebratory events as it falls behind global peers in its core product markets. On Wednesday, Bloomberg reported Samsung Elec...
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October 02, 2024
[Gadget Review] Apple's new iPhone 16 Pro: Professional camera phone
...he iPhone 16 is the first series to be manufactured in consideration of Apple's own AI system, Apple Intelligence, I felt that its AI capabilities were significantly lacking compared to its rival, Samsung Electronics’ flagship Galaxy smartphones. Apple said its AI system Apple Intelli...
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October 02, 2024
[KH Explains] Korea pursues ‘fire-free’ batteries amid EV fears
...low. First mover advantage Now all eyes are on the nation’s battery trio – LG Energy Solution, Samsung SDI and SK On – to see if they can help turn the tide with “fire-free” all-solid-state batterie... liquid electrolytes. With an aim to become the front-runner in the next-gener...