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The Korea Herald

Tech

July 11, 2024
Samsung unveils slimmer AI-powered foldable phones

Samsung Electronics unveiled its new slimmer and lighter foldable phones -- the Galaxy Z Flip6 and Z Fold6 -- in Paris on Wednesday, betting big on the Olympics fever brewing in the French capital. As the venue for the biggest product launch in the latter half of this year, the Korean tech giant c...
July 10, 2024
LG Chem vows humanitarian support for Indian victims of 2020 gas leak

LG Chem has pledged to increase humanitarian support for villagers affected by the 2020 gas leak accident at its Indian subsidiary LG Polymers. According to the company on Wednesday, its top executives, including Vice Chairman and CEO Shin Hak-cheol and Chief Financial Officer Cha Dong-seok, visit...
July 10, 2024
Texas governor vows full support for Samsung’s expansion in US

Texas Gov. Greg Abbott on Tuesday reiterated his full support for Samsung Electronics to secure a bigger footing in the US, upon his visit to the chip giant’s semiconductor manufacturing plant in Korea. Abbott visited Samsung’s semiconductor campus -- the world's largest semiconductor production...
July 10, 2024
Samsung wins first order for cutting-edge 2 nm turnkey chip solution

Samsung Electronics announced Tuesday it has bagged the first order for its new turnkey semiconductor solutions using the cutting-edge 2-nanometer foundry process from a leading artificial intelligence company in Japan. Holding the Samsung Foundry Forum and Samsung Advanced Foundry Ecosystem Forum...
July 09, 2024
Samsung wins order for cutting-edge 2 nm turnkey chip solution

Samsung Electronics announced Tuesday it has bagged an order for its new turnkey semiconductor solutions using the cutting-edge 2-nanometer foundry process from a leading artificial intelligence company in Japan. Holding the Samsung Foundry Forum and Samsung Advanced Foundry Ecosystem Forum in Seo...
July 09, 2024
Kakao's legal risk intensifies over alleged stock manipulation

Kim Beom-su, the founder of tech giant Kakao Corp., the operator of South Korea's top mobile messenger, was summoned by prosecutors Tuesday to address allegations of stock price manipulation related to Kakao's acquisition of K-pop megacorp SM Entertainment last year. The Financial Investigation Di...
July 09, 2024
Samsung denies report on Olympic edition phone with LVMH

Samsung Electronics denied a report Tuesday that it is launching a special edition phone in collaboration with French luxury giant LVMH during the Galaxy Unpacked event for its new foldable phones held in Paris on Wednesday. A Samsung official said the tech giant is not teaming up with any partner...
July 08, 2024
Samsung workers' union kicks off first-ever strike

Unionized workers of Samsung Electronics launched their first-ever strike Monday, demanding higher pay and warning of potential further action if the country's largest conglomerate does not meet their demands. The National Samsung Electronics Union, the nation's biggest labor union with over 30,00...
July 05, 2024
LG Electronics ups Q2 earnings guidance on robust sales

LG Electronics said Friday it expected its second-quarter earnings to climb more than 60 percent from a year earlier on robust sales of its main home appliance products and balanced qualitative growth of its business-to-business sector. LG estimated that its operating profit for the April-June per...
July 05, 2024
Samsung projects 15-fold surge in Q2 profit

Samsung Electronics predicted Friday that its operating profit in the April-June period would rebound to exceed 10 trillion won ($7.3 billion), driven by a recovery in demand for memory chips and rising prices on the back of the expansion of the artificial intelligence market. Samsung's second-qua...
July 04, 2024
Stalled talks for Line stake sale: Boon or bane for Naver?

Negotiations over Naver’s stake sale in its joint venture with Japan’s SoftBank are expected to be prolonged, with no immediate breakthrough in sight. Naver CEO Choi Soo-yeon on Tuesday made it clear that the portal giant has no immediate intention to sell its stake in LY Corp., the operator of ...
July 03, 2024
Samsung to boost display investments in Vietnam

Samsung Electronics Chairman Lee Jae-yong on Tuesday renewed his commitment to boosting investment in Vietnam, where the company remains the biggest foreign investor, during a meeting with Vietnamese Prime Minister Pham Minh Chinh in Seoul on Tuesday. In the private meeting, the Samsung chief pled...
July 02, 2024
Unionized Samsung workers to stage 3-day walkout

Unionized workers of Samsung Electronics have said they will stage a three-day walkout beginning July 8, as their negotiations with management over wages and working conditions have so far failed. The National Samsung Electronics Union, the largest among multiple Samsung Electronics unions with so...
June 28, 2024
Naver’s top executives discuss sovereign AI with Nvidia CEO

Naver Global Investment Officer and founder Lee Hae-jin and Chief Executive Officer Choi Soo-yeon met with Jensen Huang, the co-founder and CEO of Nvidia, to discuss strengthening their partnership in the rising artificial intelligence technology, according to the Korean internet giant Thursday. N...
June 28, 2024
SK hynix develops industry's top-spec SSD for AI PCs

SK hynix, the world's second-largest memory chip-maker by revenue, said Friday it had successfully developed the industry's highest performancesolid state drive chip that can significantly enhance the process speed in on-device artificial intelligence. The product, dubbed PCB01, comes with the cap...

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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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