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The Korea Herald

Samsung

April 17, 2024
Samsung Electronics develops industry-first LPDDR5X DRAM

Samsung Electronics, the world's largest memory chipmaker, said Wednesday it has developed the industry's first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI applications. The new chip supports the industry's highest performance of up to 10.7 gigabits-per-se...
April 16, 2024
Samsung Electronics set to expand chips supply chain after $6.4b US grants

Samsung Electronics is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of $6.4 billion from the US government and its extended investment plan. Under the Biden Administration's announcement, the South Korean c...
April 16, 2024
US confirms $6.4 billion chip subsidy for Samsung

The US government announced Monday that it will award up to $6.4 billion to Samsung Electronics for its chip fabrication facilities in Taylor, Texas. "The return of leading-edge chip manufacturing to America is a major new chapter in our semiconductor industry," said White House National Economic ...
April 11, 2024
Samsung retains No. 1 spot in US home appliance market

Samsung Electronics retained its No. 1 spot in the US home appliance market for an eighth consecutive year, dating to 2016, thanks to strong sales of key household products including refrigerators and washers, industry data showed Wednesday. According to market tracker TraQline, Samsung notched a ...
April 09, 2024
Samsung hopes to shed Galaxy brand's ‘ajeossi phone’ reputation

Samsung Electronics is striving to shed the reputation of its flagship Galaxy smartphones as "ajeossi" phones among teens and users in their 20s, with short films starring popular TV celebrities. An "ajeossi" is an older married man or an uncle in Korean, but in this context, it implies a sense of...
April 09, 2024
Samsung to receive over $6b subsidy from US: report

Samsung Electronics is set to receive between $6 billion and $7 billion in grants from the US government next week as the Korean chipmaker looks to bolster its US production, Reuters reported Monday. According to the report citing anonymous sources, the subsidy from the Biden administration will b...
April 08, 2024
Samsung, SK boost investment to secure hefty chip subsidies in US

South Korean chipmakers Samsung Electronics and SK hynix have been boosting investment in the US to secure federal subsidies and get ahead in the intensifying competition in the advanced chip packaging and artificial intelligence chip sectors. Samsung Electronics, the world's top memory chipmaker ...
April 05, 2024
Samsung Electronics anticipates tenfold profit surge in Q1 amid chip market rebound

Samsung Electronics predicted a more than tenfold increase in its operating profit for the the January-March period, signaling a dramatic resurgence in its semiconductor business on rebounding demand for memory chips. Samsung’s first-quarter operating profit is estimated to hit 6.6 trillion won (...
April 03, 2024
Samsung Electronics to release new products globally at same time

Samsung Electronics on Wednesday unveiled its latest lineup of home appliance innovations with the global launch of its artificial intelligence (AI)-powered products in a bid to offer synchronizing consumer experiences worldwide. At a press conference in Seoul, the tech giant unveiled its latest B...
April 01, 2024
Samsung CEO vows High Bandwidth Memory leadership

Memory chip aside, Samsung also runs foundry and logic chip design businesses and aims to become the world's top memory chipmaker by 2027. "Clients’ interest is also growing in the Mach-1, which is used for AI inference. Some clients want to use Mach for applications with over 1 trillion paramete...
March 29, 2024
Samsung opens AI TV experience zone in Singapore Changi Airport

Starting with Singapore, Samsung plans to make a sales push on AI TVs in the Southeast Asia and Oceania markets, the company said. “Based on our technologies that have led the global TV market for 18 years in a row, we aim to provide the best TV viewing and connection experience to more consumers...
March 25, 2024
How TV remote button shortcuts for streamers have led to major profit for Samsung, LG

From the red and blue shortcut buttons with Netflix and Disney+ logos to fancier features and operating systems, Samsung Electronics and LG Electronics, the world’s top two TV makers, are pouring resources into content, not just hardware itself, to elevate profits. Remote control devices have bec...
March 25, 2024
Competition heats up in HBM market as Nvidia endorses Samsung chip

In order to secure an edge, Samsung announced it has developed 12-stack HBM3E, with the industry’s largest capacity of 36 gigabytes, and said it plans to start volume production in the first half of this year. The chip giant also confirmed it is in preparation of mass producing the eight-stack HBM...
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...

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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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