-
May 08, 2022
[Book Review] Samsung ex-CEO recalls ‘great’ chip deal that built Apple empire in memoir
... and felt in his encounters with prominent entrepreneurs, including Jobs’ successor Tim Cook, Tesla Chief Executive Officer Elon Musk, Salesforce CEO Marc Benioff, as well as Hwang’s boss and late Samsung Chairman Lee Kun-hee. Every business trip to the United States -- either as chi...
-
May 04, 2022
Korea to tighten measures for ESS safety, prevent battery fires
...y of the battery cell or an electrical leakage to the ground was witnessed as the fire broke out in a battery cell. The ESS in the reported cases used batteries produced by LG Energy Solution and Samsung SDI. The state of charge of Samsung SDI’s battery was found to have re...
-
May 04, 2022
Annual EV expo in Jeju kicks off; aims to add UAMs next year
...ere Korean carmakers Hyundai and Kia were absent. Tesla exhibited its most popular plug-in EV Model 3 and Model Y, while Polestar Korea brought Polestar 2, its first car to hit the Korean roads. Samsung SDI also took part in the expo to show off diverse mobility platforms such as BMW ...
-
May 02, 2022
Pokemon gets ice cream, doughnut treat
... said BR Korea officials. SPC Samlip’s Pokemon bread, which launched in February, started a craze for Pokemon merchandise across the country. The explosive demand for nostalgia-provoking products has overflowed into other industries, with Samsung introducing its own Pokemon-themed sma...
-
April 29, 2022
LG reports record quarterly earnings on upbeat TV, appliance sales
...market share in North America by expanding distribution network with local retailers. In Europe, it said it would bolster responsiveness to uncertainties surrounding geopolitical tensions. As for Samsung Electronics’ imminent comeback to the OLED TV market, LG showed confidence in mai...
-
April 29, 2022
Samsung Electronics profit jumps 51% on strong server chip demand, S22 Ultra sales
South Korean chip-to-consumer electronics giant Samsung Electronics posted a record quarterly revenue for three quarters in a row and logged a 51 percent increase in operating profit in the first qua... start to resolve starting in the second quarter, said Kim Sung-koo, vice president in ...
-
April 29, 2022
Samsung SDI posts earnings surprise in Q1
South Korean battery maker Samsung SDI on Thursday reported its best-ever quarterly earnings for the January-March period, with sales exceeding 4 trillion won ($3.1 billion) for the first time. In t... higher profitability helped elevate overall sales,” said Michael Son, senior vice pre...
-
April 29, 2022
IFA 2022 to bar Russia from joining
...Lotte Hi-Mart, a South Korean retailer of electronic goods. IFA will also team up with Korean organizations such as the Korea Electronics Association and Korea ICT Association for its startup program called IFA Next. Consumer electronics giants in Korea such as Samsung Electronics and ...
-
April 28, 2022
Outpacing Hyundai, SK becomes 2nd-largest chaebol
...ition of Intel NAND memory business along with expanding income boosted SK’s overall assets by 20 trillion won. It outpaced auto giant Hyundai Motor, which had 257.84 trillion won in total assets. Samsung remained at the top, while LG and Lotte placed fourth and fifth, respectively. T...
-
April 27, 2022
Lam Research opens $100m R&D center in Korea
...ter, Lam Research said its responsiveness to client needs will be greatly bolstered in the whole process of chip making. The Yongin complex is one of the nation’s key semiconductor clusters here. Samsung Electronics, the world’s largest memory chip maker, operates several plants in t...
-
April 26, 2022
Lobby groups call for Moon’s pardon of Samsung chief
Five South Korean lobby groups on Monday called for a presidential pardon to be issued to Samsung Vice Chairman Lee Jae-yong, the de facto leader of the family-owned electronics giant, with businesse...d entity, currently on top of Samsung Group’s governance structure. Sam...
-
April 26, 2022
High-tech sector key to growth: transition team
... products and core machinery used to support next-generation industries. “The Yoon government will increase support for these sectors, including the chip industry, which is a cash cow,” Ahn said. Samsung Electronics is the world’s largest memory chip maker and the tech giant’s sist...
-
April 25, 2022
Pokemon craze extends to Samsung’s Galaxy Z Flip 3
Samsung Electronics said Sunday that it is launching its limited smartphone package, Galaxy Z Flip 3 Pokemon edition on Monday. The package was co-designed with the Pokemon franchise and Nintendo to... create accessories for its electronics and has been leading the trend in phone decorat...
-
April 25, 2022
Korean battery industry on alert as material prices skyrocket
...tatives will be led by Jung Soon-nam, the KBIA vice president who was formerly a career bureaucrat. The KBIA is a lobby group representing some 100 Korean battery supply chain companies, including Samsung SDI, LG Energy Solution and SK On. The meeting comes as the US is looking to boos...
-
April 24, 2022
Former KSU chief seeks ISU presidency
The Korea Skating Union said Friday it has nominated Kim Jae-youl, president of Samsung Global Research, an in-house think tank, and formerly KSU president, as a presidential candidate for the International Skating Union. The KSU said Kim, equipped with vast experience in sports administ...
-
April 24, 2022
Posco pours W1tr to ramp up production of eco-friendly electrical steel
...uct to 0.1 millimeters by adopting the latest, cutting-edge facilities and equipment. The thinner steel will allow the company to flexibly respond to customized orders from its key clients such as Samsung and LG. The company added that it expected to attribute to the creation of jobs a...
-
April 24, 2022
Yoon agonizes over tech policy as chip arms race intensifies
...l University, as science minister indicates that semiconductor chips are likely to be one of the top agendas in the incoming conservative Cabinet. Korea is home to memory chip powerhouses such as Samsung Electronics and SK hynix, and the world’s second-largest semiconductor foundry is...
-
April 24, 2022
Drug developer GI Innovation eyes IPO in second half
...lines are cruising well. For GI Innovation’s successful IPO and growth into a global company, we plan to keep our focus on 3S (Science, Strategy, Speed),” said Rhee Byung-geon, CEO of GI Innovation. NH Investment & Securities and Hana Financial Investment are the representative underwriters wh...
-
April 24, 2022
Samsung Electronics’ market presence hits 34-month low
South Korean tech behemoth Samsung Electronics saw its presence on the main bourse drop to the lowest in 34 months in terms of market capitalization, data showed Thursday, with analysts pointing to v...r’s value stood at 264.8 trillion won and the Kospi’s total market value at 1,397 tri...
-
April 21, 2022
Samsung’s M&A dealmaker joins revamped think tank
A key mergers and acquisitions deal maker at Samsung Electronics has recently been relocated to join an in-house think tank, fueling speculation about the tech giant’s long-awaited “megadeals” in chi...nd acquisition deals across Samsung affiliates. Sources predict Ahn’s re...
December 25, 2024
