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The Korea Herald

Samsung

December 04, 2024
Samsung Electronics enhances chip strategy with new CFO

Samsung Electronics carried out a year-end executive reshuffle and organizational restructuring on Wednesday, naming new leaders for key roles including chief financial officer. Samsung appointed Park Soon-cheol, executive vice president of the corporate management team at the tech giant, as its n...
December 03, 2024
US chip export curbs on China leave Samsung unscathed, for now

The latest US export controls banning shipments of high-bandwidth memory chips to China are expected to have a limited impact on Korean chipmakers, mainly Samsung Electronics. But the restrictions could result in lost opportunities to acquire new customers, experts said Tuesday. The US Bureau of ...
December 01, 2024
Samsung challenges LG in home appliance subscription market

Samsung Electronics has entered a new round of competition with LG Electronics in the home appliance subscription services market by launching its own service centered on artificial intelligence products. Samsung announced Sunday the introduction of its AI subscription club service, which is avail...
December 01, 2024
Samsung promotes tech-savvy execs to tackle challenges

Samsung Electronics on Friday promoted a total of 137 executives in a year-end reshuffle, including tech-savvy executives with strong achievements in their respective areas, with a goal of reviving stagnant business performance. The total number of promotions is slightly down from last year’s 143...
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
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 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 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 15, 2024
Samsung, LG clean up at CES 2025 Innovation Awards

LG Electronics, on the other hand, garnered recognition for its cutting-edge smart device solutions at the annual award program. LG's OLED TVs received six innovation awards, including one best of innovation in the video displays category for the third consecutive year, according to the electronic...
November 14, 2024
Samsung, SK to unveil supercomputer chips at SC24

SK hynix, the world's second-largest memory chip maker and the dominant supplier of the HBMs, is expected to exhibit the AI chips along with AI training solutions utilizing CXL. The chipmaker is the main supplier of the high-value HBM3E chips to Nvidia, the largest GPU maker in the US, and is curr...

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