-
October 02, 2024
KT chief vows to secure AI leadership
..." executives of telecommunication companies and tech firms, including CelcomDigi Berhad, Huawei, Samsung Electronics and Telstra, talked about the role of next-generation networks and connectivity in ...zed services in their respective areas," Kim said. Appearing as a keynote speaker a...
-
September 30, 2024
Samsung Town sold for W1.1tr to offset market concerns
...st, a real estate asset manager based in Seoul, has completed the sale of a landmark property to Samsung SRA Asset Management for 1.1 trillion won ($841 million), marking South Korea's largest commerc...tional investors," Yoon said. With the Samsung SRA’s acquisition of The ...
-
September 27, 2024
Seoul court denies Elliott’s W26.7b claims over Samsung merger
A Seoul court on Friday rejected American hedge fund Elliott’s payment claims for its alleged losses in the 2015 merger between Samsung C&T Corp. and Cheil Industries. Elliott, then a minority stakeholder in Samsung C&T, opposed the merger deal and received 72.4 billion won ($...
-
September 26, 2024
SK hynix outpaces Samsung, Micron with more powerful AI chips
...12-layer high bandwidth memory chips, solidifying its competitive edge over its global rivals -- Samsung Electronics and Micron Technology. The new 36-gigabit 12-layer HBM3E chip will be supplied to ...ct to customers for the first time in the industry in March, according to SK hynix. ...
-
September 26, 2024
CJ's Miky Lee honored with Global Citizen Award
...tions on issues like inequality and continues to connect people across cultural boundaries. Lee said her vision for CJ Group was inspired by her grandfather, Lee Byung-chul, the founder of CJ and Samsung, who believed in the phrase “No culture, no country.” This ethos drove her to el...
-
September 25, 2024
Value-up Index stirs mixed market reactions
...ncluded in the new index. Following the Korea Exchange’s unveiling of the Value-up Index, comprised 100 Korean stocks with stellar corporate value, on Tuesday, those that made the list, including Samsung Electronics and SK hynix showed a strong start in Wednesday morning trading. SK ...
-
September 25, 2024
Samsung Biologics unveils new contract development platforms in US
Samsung Biologics said Wednesday that it is participating in BioProcess International 2024, a global biopharmaceutical conference in Boston, where it has been showcasing new contract development plat...red by clients, according to Samsung Biologics. With the addition of S-Afuch...
-
September 25, 2024
[Exclusive] Texas development exec shuts down layoff rumors at Samsung chip plant
Amid growing uncertainties about the timely operation of Samsung Electronics' $40 billion semiconductor fabrication plant in Taylor, Texas, regional economic development chiefs in the state dismissed...eted between early and mid-2025 and start production between early and mid-2026 -- alig...
-
September 25, 2024
Samsung, top banks to create W2tr green growth fund for SMEs
Samsung Electronics and the nation’s top five lenders have collaborated to create a 2 trillion won ($1.5 billion) fund to support small and medium-sized companies struggling to meet toughening carbon...to smaller businesses seeking to invest in low-emissions facilities, equipment or tech...
-
September 23, 2024
Middle East’s big AI push lures Korean tech firms
...-centric economies. On Monday, Wall Street Journal reported that the world’s leading chipmakers Samsung Electronics and Taiwan Semiconductor Manufacturing Company were reviewing building new semicond...uld be "on par" with some of the company's most advanced facilities in Taiwan. Seni...
-
September 23, 2024
Samsung Electro-Mechanics develops first all-solid-state battery
Samsung Electro-Mechanics, the electronic parts manufacturing subsidiary of the chip giant Samsung Electronics, has developed the world’s first all-solid-state battery for wearable devices, industry sources said Monday. According to sources, the company made an all-solid-state...
-
September 22, 2024
Samsung, SK hynix market caps plummet W117tr amid semiconductor uncertainty
...llion) decline in the market capitalization of South Korea's two leading makers of memory chips, Samsung Electronics and SK hynix, over the past month, according to data released on Sunday. According...price” target for SK, further damaging investor sentiment in domestic chip stocks. ...
-
September 20, 2024
Xiaomi takes 2nd spot after Samsung in August smartphone sales
... while creating a buzz with unique premium models to narrow the competitive gap with top players Samsung and Apple. In August, Chinese firm Xiaomi claimed second in terms of global monthly sell-throu... In the second quarter this year, Huawei took a 27.5 percent share in the global mar...
-
September 20, 2024
Bank of Korea eyes rate cut after US Fed's historic pivot
...ate cut by the central bank has increased, it was not certain. "A rate cut by the BOK in October seems increasingly likely, given the Fed's 50 basis point cut," said Kim Ji-man, senior analyst at Samsung Securities. "However, concerns about financial stability leave uncertainty about h...
-
September 19, 2024
Samsung under pressure after Intel's foundry spin-off: analysts
...n off its chip manufacturing business in part of the efforts to recover from massive losses. For Samsung Electronics, the rival’s spin-off could pose a threat if successful, according to experts here ...her at the Korea Institute of Industrial Economics and Trade, said. "If Intel Foun...
-
September 19, 2024
Samsung CEO introduces ‘bold growth’ as new target
Samsung Electronics Vice Chairman and co-CEO Han Jong-hee has introduced “bold growth” as the new target to overcome the company's multifaceted crisis and take a leap toward a future-oriented busines..., which oversees the business of mobile phones and home appliances, he introduced the...
-
September 19, 2024
Samsung chief travels to France to encourage young talents
Samsung Electronics Chairman Lee Jae-yong traveled to France to attend the closing ceremony of WorldSkills Lyon 2024, the world’s largest skill championship, in a bid to show support to young talents... without going to college," Lee said at the ceremony, held in Groupama Stadium in Lyon...
-
September 12, 2024
Samsung’s yearly dilemma looms: Exynos vs. Snapdragon
A seasonal dilemma looms over Samsung Electronics’ flagship Galaxy S phones: using more its own Exynos processors or sticking to rival Qualcomm’s Snapdragon chips. Samsung has poured considerable re... for the Samsung Galaxy S25 (vs. 40 percent for the S24), as the ...
-
September 12, 2024
Nvidia CEO hints at possibility of fabbing GPUs at Samsung
...ting its cutting-edge graphic processing units at foundries other than Taiwan-based TSMC, making Samsung Electronics a likely alternative. At Goldman Sachs Communacopia and Technology Conference in S...ere else." Huang did not specify which of the "others" it would be, but market watc...
-
September 12, 2024
Samsung produces industry’s first 1-terabit QLC 9th-gen V-NAND
Samsung Electronics, the world's No. 1 memory chipmaker, said Thursday it has begun mass production of its one-terabit quad-level cell ninth-generation vertical NAND, solidifying its leadership in th...at address the needs for the AI era,” said Hur Sung-hoi, head of flash product and tec...
December 22, 2024
