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August 06, 2024
Samsung begins mass production of ultraslim DRAM chip for on-device AI
Samsung Electronics, the world’s largest memory chip maker by revenue, announced Tuesday it has begun the mass production of the industry’s thinnest 12-nanometer LPDDR5X DRAM chip that helps better thermal control within mobile devices. The ultraslim DRAM chip, which comes in...
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August 06, 2024
Korean shares tank as global rout continues
...s, which stemmed from recent US economic data that rekindled concerns that the US has entered the path of recession. Echoing the sharp decline of US semiconductor stocks such as Nvidia and Intel, Samsung Electronics fell by 10.3 percent, reaching a low of 71,400 won. SK hynix...
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August 04, 2024
Samsung SDI seeks top US talent
Samsung SDI has embarked on a global journey to find the most talented professionals to advance the Korean company’s level of technology and take the lead in the secondary battery industry. The batt...ring ‘super-gap’ technological competitiveness is investing in talent,” said Choi. ...
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August 04, 2024
Tech giants eye growing home appliances subscription market
Subscription services in the home appliances market are fast expanding in South Korea, with the country’s top players targeting younger and smaller households. LG Electronics, the country's leading home appliance giant, has achieved a record sales figure surpassing the 1-trillion-won ($...
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August 02, 2024
Samsung’s unionized workers to return to work but continue guerrilla strikes
Samsung Electronics’ labor union said Thursday it would return to work by next Monday but vowed to continue guerrilla strikes amid their stalled talks for wage hikes. “It is the time to shift to a long-term plan,” the National Samsung Electronics Union sa...
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August 01, 2024
Samsung unveils 1 terabyte microSD storage cards
Samsung Electronics, the world’s largest memory chip maker, said Thursday it has launched two types of 1 terabyte high-capacity microSD cards: Pro Plus and Evo Plus. These new products incorporate the industry's highest capacity, 1-terabit triple-level cell eighth-generation V...
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August 01, 2024
Samsung, LG's electric auto parts sales soar despite EV slump
On a similar winning streak, LG Electronics' automotive electric parts business is thriving, driven by a stable portfolio and strong order volume from electric and traditional vehicles. In the second...o steady sales in infotainment systems and the increased demand for premium auto parts,...
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August 01, 2024
Samsung labor union demands chief step in
Samsung Electronics’ labor union on Thursday protested in front of Chairman Lee Jae-yong’s residence in Seoul, calling on the Samsung chief to step in over their stalled wage talks with the government. The National Samsung Electronics Union, whic...
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July 31, 2024
Samsung projects 15-fold surge in Q2 earnings on AI chip boom
Samsung Electronics said on Wednesday it will continue its earnings growth by expanding sales of the high-performance high bandwidth memory chip in the second half, particularly the fifth-generation ...e there are no disruptions to management and production,” a Samsung
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July 30, 2024
SK hynix to mass-produce GDDR7 DRAM chip in Q3
...l continue to work towards enhancing our position as the most trusted AI memory solution provider by strengthening the premium memory lineup further," Lee said. Along with SK hynix, its archrival Samsung Electronics and US-based Micron Technology are fiercely competing in the...
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July 28, 2024
Samsung chief boosts global ties at Paris Olympics
Samsung Electronics Chairman Lee Jae-yong has embarked on a business trip to Paris to leverage the 2024 Paris Olympics to strengthen ties with key global business partners, political figures and sports leaders, the company said Sunday. Since arriving in Paris last Wednesday, Ch...
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July 28, 2024
[KH explains] How will Samsung’s 'No. 1 strategy' work for HBM leadership?
The red-hot HBM or High Bandwidth Memory chip is becoming a headache for Samsung Electronics, the world’s No. 1 memory chip maker, as it is running months behind its crosstown rival SK hynix to supply the high-value-added product to Nvidia, the US chip giant that enjoys a near ...
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July 26, 2024
Samsung may supply advanced image sensors for Apple: analyst
Samsung Electronics may supply its advanced camera sensors for Apple, ending Sony’s longstanding rein as an exclusive supplier to the global tech giant, according to a supply chain analyst. According to Ming-Chi Kuo, a supply chain analyst at TF International Securities, ...
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July 23, 2024
Samsung's Galaxy series to feature enhanced gaming experience with Krafton's 'Dark and Darker Mobile'
Samsung Electronics and Krafton have partnered to optimize the forthcoming game "Dark and Darker Mobile" for the latest Galaxy series, set to be installed next month, according to the tech giant on Tuesday. The two firms have integrated advanced 3D graphics technology, Vulkan, ...
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July 23, 2024
Samsung Electro-Mechanics to supply advanced substrates for AMD processors
Samsung Electro-Mechanics, the electronic parts manufacturing affiliate of Samsung Electronics, announced Monday that it would supply high-performance substrates for hyper-scale data centers to AMD, the US chip design firm. According to the company, the flip chip ball...
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July 22, 2024
Biden's withdrawal sparks mixed outlook for Kospi
... The Kospi shed 1.14 percent to close at 2763.51 points, marking four consecutive sessions of losses since hitting 2866.09 points on July 16. Secondary battery stocks such as LG Energy Solution, Samsung SDI, LG Chem and Posco Holdings lost 4.92 percent, 4.2 percent, 4.05 percent and 2...
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July 21, 2024
Is Samsung on track for large-scale M&A deals?
Samsung Electronics is seen ramping up its merger and acquisition efforts to secure a stronger footing in the rising technology sectors, including artificial intelligence. The South Korean tech gian...industry's "top level" accuracy for research markets, Samsung said....
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July 19, 2024
Samsung sees fewer preorders for Galaxy Z foldable phones
Preorders for Samsung Electronics’ new foldable smartphones have topped 910,000 units in South Korea, a decline from 1.02 million preorders for their predecessors last year, according to the tech giant on Friday. Ahead of the official release of the Galaxy Z Flip6 and Fold6 on...
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July 18, 2024
Samsung acquires UK tech startup to expand on-device AI capabilities
Samsung Electronics said Thursday that it has acquired Oxford Semantic Technologies, a UK-based startup, to enhance the on-device AI integrated into its Galaxy series. According to the tech giant, t... the field of data knowledge," said Cheun Kyung-whoon, president and chief te...
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July 15, 2024
Trump presidency won’t be a bane for Korean firms: FKI chief
...in states with a weak labor union presence, Trump’s second term would be a positive factor, as Biden would prefer states with union strongholds where Democrats are more likely to be, Ryu claimed. Samsung Electronics invested in Texas while Hyundai Motor Group chose Georgia a...
November 25, 2024
