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The Korea Herald

Tech

March 21, 2024
US unveils some $20 bln in grants, loans to Intel

The White House announced a plan Wednesday to award Intel nearly $20 billion in grants and loans, marking the Joe Biden administration's largest funding scheme under its initiative to strengthen domestic semiconductor production. The Department of Commerce has reached a preliminary agreement with ...
March 20, 2024
Samsung vows to seize opportunity of AI

Baek Bok-ki, a 56-year-old shareholder, said she felt a "greater sense of belonging as a shareholder" through this year's annual meeting. "Although I am a minority shareholder, the shareholder open talk session made me feel Samsung was more lovely." Another anonymous shareholder who looked around ...
March 20, 2024
Samsung Electronics sees high economic uncertainty, new opportunity in AI

Samsung Electronics, the world's largest maker of memory chips, said Wednesday that macroeconomic uncertainties are expected to be high this year but vowed to embrace a new opportunity in the rise of artificial intelligence (AI). "Although uncertainties in the macroeconomic environment are expecte...
March 19, 2024
Samsung Electro-Mechanics to release high-voltage MLCCs for EVs

Samsung Electro-Mechanics announced on Tuesday the launch of its latest high-voltage MLCCs tailored for electric vehicles, in response to surging demand from global automotive component manufacturers. MLCCs, or Multi-Layer Ceramic Capacitors, play a crucial role in regulating the consistent flow o...
March 19, 2024
SK hynix becomes first to mass produce HBM3E chips

Competition to secure the HBM leadership is heating up among global chipmakers. Micron Technology, a US-based chipmaker, announced last month that it started mass production of HBM3E for Nvidia's H200 Tensor Core graphics processing units. But industry sources say that SK hynix was the first to ma...
March 19, 2024
LG Energy Solution makes breakthrough in battery lifespan

LG Energy Solution, in collaboration with the Korea Advanced Institute of Science & Technology, has made a significant breakthrough in lithium metal battery technology that addresses key challenges regarding its lifespan and safety. This new technology was detailed in the science journal Nature En...
March 19, 2024
SK hynix begins mass production of latest HBM3E chips

South Korean chipmaker SK hynix said Tuesday it has started mass production of the latest high band width memory (HBM) chips, solidifying its leadership position in the high-performance artificial intelligence (AI) memory semiconductor sector. It came seven months after the company announced the d...
March 18, 2024
[Herald Interview] ‘Meaty rice will become reality sooner than you think’

A Korean research team has recently unveiled a bowl of pink rice, a new lab-made hybrid rice, which they say could offer a cheaper and more sustainable source of protein not just for those on a vegan diet, but also for countries still reeling from food crises. “The lab-made beef rice could hit su...
March 18, 2024
Samsung Electro-Mechanics to launch ‘weatherproof’ camera modules for cars

Samsung Electro-Mechanics is set to start mass production of “weatherproof” camera modules with cutting-edge water-repellent capabilities and heating features for cars this year, the company said Sunday. In the wake of growing demand for enhanced image quality in automotive assistance features a...
March 15, 2024
Naver to reform news service for transparency

Korean internet giant Naver said Friday it would introduce a set of news service policies to enhance transparency and impartiality, with the intention of preventing defamatory media reports and strengthening measures againsts users who leave comments that violate election laws. To protect users wh...
March 15, 2024
Samsung Electronics to receive $6b subsidy in US

The US Department of Commerce is poised to grant Samsung Electronics subsidies exceeding $6 billion, according to a news report Friday. “The US plans to award more than $6 billion to Samsung Electronics, helping the chipmaker expand beyond a project in Texas it has already announced,” Bloomberg ...
March 14, 2024
Naver CEO marks 2nd year with stable growth, corporate reform

Thursday marked the second anniversary of Naver CEO Choi Soo-yeon taking office. Under the executive's leadership, the internet giant has enjoyed stable growth, setting annual earnings records two consecutive years. Naver logged an all-time high operating profit of 1.49 trillion won ($1.13 billion...
March 14, 2024
New space agency hints at ‘no salary cap’ for workers

South Korea on Thursday began the official recruitment process for its new space body, Korea Aerospace Administration, or KASA, hoping to attract the best talent from in and outside the country. The government’s preparatory office for KASA held its first offline recruitment presentation in Sacheo...
March 13, 2024
Nvidia soars in AI boom, Samsung, TSMC struggle – Uncovering the why

TSMC, for instance, not only services Nvidia but also prominent tech giants such as Apple and Qualcomm, rendering its financial performance susceptible to numerous external factors. Apple's significant dependence on TSMC, constituting 25 percent of its revenue in the prior year, amplifies this vul...
March 13, 2024
Trade chief says US chip subsidies coming

The US has their own guidelines for the funding, and it is hard to predict whether Korean firms will be at an advantage or a disadvantage in their subsidies, the trade minister added. Intel, which is building a $20 billion facility in Ohio, undergoing a $20 billion expansion in Arizona and investi...

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EDITOR'S PICKS

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
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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