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The Korea Herald

Tech

November 28, 2024
Samsung, SK hynix in rush to secure chip subsidies in US

Samsung Electronics and SK hynix, the nation’s top two chipmakers, are apparently in a rush to secure subsidies for their massive facility spending in recent years in the US, following a fresh threat from President-elect Donald Trump that he could cancel the promised Chips Act federal funding. On...
November 28, 2024
Samsung veteran on chips, displays to lead Samsung SDI

Samsung Display CEO Choi Joo-sun will be relocating as the new chief of Samsung SDI, the battery-making unit said Thursday. Choi has a Ph.D in electrical engineering from the Korea Advanced Institute of Science and Technology. He has served in key positions at Samsung Electronics, including head o...
November 28, 2024
Samsung Display taps mobile display chief as new CEO

Samsung Display announced Thursday that it has appointed Yi Chung, head of mobile display business at the display maker, as its new chief executive officer. Lee has a Ph.D. in chemical engineering from Pohang University of Science and Technology. He is a seasoned expert in display technology, havi...
November 27, 2024
Move over, X. Korea’s skies are turning blue

Bluesky, the decentralized social media platform making waves globally, has reached a milestone this month — 20 million users worldwide. And South Korea is riding this wave, too. According to Mobile Index, the rising platform’s Korean monthly active users reached 595,588 in October, marking a st...
November 27, 2024
Samsung Electronics overhauls management team for chips

Samsung Electronics, the world's leading smartphone and memory chip maker, announced a major personnel reshuffle on Wednesday, replacing the top brass at its sluggish chip-making business division. While retaining the three vice chairs for management stability, the company replaced the heads of it...
November 27, 2024
Samsung reveals new leadership in foundry push

Samsung Electronics on Wednesday replaced its foundry business head in its year-end leadership reshuffle and created the new president-level position of chief technology officer in an apparent move to breathe fresh air into its sluggish foundry business. The tech giant promoted Han Jin-man, execut...
November 26, 2024
Samsung entangled in legal risks amid calls for drastic reform

Entangled in court trials for nearly a decade, Samsung Electronics Chairman Lee Jae-yong appealed for leniency during the final hearing of a retrial, publicly acknowledging for the first time the challenges his company is facing. Delivering his final statement during the retrial's final hearing on...
November 26, 2024
Prosecutors seek 5-year prison term for Samsung chief in merger retrial

Prosecutors requested five years in prison and a fine of 500 million won ($356,000) for Samsung Electronics Chairman Lee Jae-yong on Monday, in the final hearing of a retrial over suspected stock manipulation related to a high-profile 2015 merger case. The prosecution had appealed in February imme...
November 24, 2024
Nvidia CEO signals Samsung’s imminent shipment of AI chips

Samsung Electronics, the world's largest memory chip maker, is expected to supply its cutting-edge chips to the top graphics processing unit maker Nvidia soon, stepping closer to securing a footing in the lucrative AI chip market. Speaking on the sidelines of a convocation ceremony at Hong Kong Un...
November 22, 2024
OpenAI in talks with Samsung to power AI features, report says

OpenAI, the creator of ChatGPT, has reportedly engaged in discussions with Samsung Electronics to integrate artificial intelligence capabilities into Samsung’s electronic devices, according to a report Friday. This move could position OpenAI as a potential challenger to Google, the leading player...
November 22, 2024
LG Innotek invests W376b for Vietnam facility

LG Innotek said Friday it would invest 375.9 billion won ($268.3 million) in a facility in Vietnam to respond to new models in the optical solutions business and enhance its competitiveness. The investment period will extend until Dec. 31. of the following year. The new investment is part of the ...
November 22, 2024
LG chooses stability in leadership reshuffle amid uncertainties

LG Group chose stability in its year-end executive reshuffle on Thursday, rather than seeking drastic changes in the top brass amid growing uncertainties surrounding the business environment at home and abroad. Most CEOs at key affiliates retained their jobs, considering their experiences in tackl...
November 20, 2024
Coway unveils winter-ready home appliances

By Park Li-na ( linapark@heraldcorp.com )
November 20, 2024
Samsung Electro-Mechanics obtains European certification for automotive camera software

Samsung Electro-Mechanics said Wednesday it has achieved the automotive spice (A-spice) level 3 certification for its camera modules used in automotive electronics and electrical equipment. A-spice is a European certification that evaluates the software reliability and development capabilities of ...
November 19, 2024
Mixed reactions as Korea seeks to lift 52-hour work limit for chipmakers

Amid intensifying competition for chip supremacy, Korean lawmakers are pushing to lift the national cap on working hours to give chipmakers more flexibility. The ruling party's proposal, however, has sparked mixed reactions, with critics labeling it "regressive." In South Korea, home to the world'...

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Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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