-
November 19, 2023
Prosecutors seek 5-year sentence for Samsung chief over fraud connected to 2015 merger
The prosecution on Friday demanded five years in prison for Samsung Electronics Chairman Lee Jae-yong on charges of stock price rigging and accounting fraud connected to the controversial 2015 merger of two Samsung affiliates. Prosecutors also requested a fine of 500 ...
-
November 16, 2023
Samsung, SK chiefs may accompany president during visit to Netherlands
The heads of South Korea’s top two conglomerates Samsung Group and SK Group are expected to travel to the Netherlands, a semiconductor powerhouse, next month to accompany President Yoon Suk Yeol on h...te visit to the small European country since the two sides established diplomatic ties...
-
November 16, 2023
Google offers data residency for Korean corporate clients
...the cloud service provider has supported accelerating customers’ content creation, process automation and information organization, while its key local clients include LG AI Research, Kakao Brain, Samsung Electronics, Kia and Korean Air, according to the company. Kang Hyoung...
-
November 12, 2023
Hanlim to debut one-stop real estate service in India
...ts advanced construction skills. Hanlim India, founded this year, has been involved in diverse construction projects, building manufacturing plants for a number of Korean conglomerates, including Samsung Electronics and Hyundai Motor Group, among others. It will also seek to...
-
November 10, 2023
AI in your pocket: Samsung Galaxy S to feature real-time phone call translator
Samsung Electronics’ flagship Galaxy S smartphones will offer a real-time translation function for phone calls, the tech giant said Thursday. The surprise announcement comes a day after it unveiled ...iants. Samsung Gauss would be playing a role in the smooth operat...
-
November 10, 2023
Global minimum corporate tax to take effect in Korea next year
Starting from 2024, multinational companies such as Samsung Electronics and SK hynix, which have overseas factories or subsidiaries, are expected to face increased tax obligations. The Ministry of Economy and Finance announced Thursday that a new law to implement the global min...
-
November 09, 2023
Samsung Electronics unveils own generative AI, Samsung Gauss
Samsung Electronics on Wednesday debuted its own generative artificial intelligence model, dubbed Samsung Gauss, renewing competition with its archrival Apple and other tech giants in the burgeoning ...installed device base. Samsung Gauss consists of Sa...
-
November 08, 2023
Samsung CEO highlights AI safety research
Samsung Electronics co-CEO Kyung Kye-hyun, who oversees the tech giant's chips business, called on experts to conduct more in-depth research on the safety, trustworthiness and sustainability of artificial intelligence in line with rapid advancements in technology. “The spotlig...
-
November 07, 2023
Samsung family to sell stakes worth W2.6tr to pay tax
Family members of Samsung Group, South Korea’s biggest conglomerate, are selling stakes worth some 2.57 trillion won ($1.97 billion) to pay their inheritance tax bill, according to a regulatory filin...to some 12 trillion won. The Samsung patriarch died in October 2020. Hong, ...
-
November 06, 2023
[From the Scene] Samsung bets big on package substrates for future chips
SEJONG -- With the increasing demand for next-generation semiconductors globally, Samsung Electro-Mechanics, an electronic parts manufacturing affiliate of Samsung Electronics, has been seeking to take the lead in the chip package substrate market. On Thursday, S...
-
November 03, 2023
[Herald Interview] Merck seeks growth with Korean chipmakers
...iconductor industry is struggling to make ends meet amid sluggish demand and price decreases, but German technology firm Merck sees Korea, the home of the world's two largest memory chip producers Samsung Electronics and SK hynix, still an attractive destination for business. ...
-
November 03, 2023
Yoon hosts private banquet with chaebol chiefs
South Korean President Yoon Suk Yeol invited the chiefs of the country's top conglomerates -- Samsung Electronics, SK Group and LG Group -- to a private banquet Tuesday to discuss pending issues, according to industry sources on Thursday. Samsung Electronics...
-
November 02, 2023
Samsung marks 54th anniversary, highlights unrivaled leadership in technology
Samsung Electronics Vice Chairman Han Jong-hee underscored the importance of maintaining industry leadership in technology as the company celebrated its 54th anniversary on Wednesday. Samsung, one of the world's leading smartphone makers and the world’s largest memor...
-
November 01, 2023
Samsung reduces chip losses in Q3, eyes rebound
Samsung Electronics said Tuesday it reduced its deficit in the memory chip business in the July-September period while posting better-than-expected profits in mobile and display businesses. Samsung's device solutions division in charge of the company’s semiconductor ...
-
October 29, 2023
Seoul shares make slight recovery after massive fall
...igh. The market is at a stage where we have to watch out for economic slowdown rather than higher rates," Lee Woong-chan, analyst at Hi Investment & Securities, said. On Friday, market bellwether Samsung Electronics closed at 67,300 won, up 0.9 percent from the day before. SK...
-
October 27, 2023
Samsung SDI logs record-high Q3 sales on solid EV battery demand
Samsung SDI said Thursday it has posted a record-high revenue in the third quarter, driven by upbeat sales of electric vehicle batteries. In the July–September period, the company’s revenue surged 1...g new customers in Southeast and West Asian countries including India and Vietnam. A...
-
October 25, 2023
[KH Explains] Samsung-SK rivalry heats up for future chips
Competition is heating up between South Korean chip rivals Samsung Electronics and SK hynix to take the lead in the Compute Express Link, or CXL, technology amid its ongoing High Bandwidth Memory chip supremacy war. Although the market is still at the nascent stage, the two glob...
-
October 24, 2023
Samsung, Hyundai ink first EV battery deal
Samsung SDI said Monday it has clinched a deal to supply electric vehicle batteries for Hyundai Motor Group – the first battery partnership between the two chaebol groups. Under the deal, Samsung SD...h Samsung-made batteries have not yet been decided.” The megadea...
-
October 23, 2023
Samsung chief bolsters ties with Japanese partners
Samsung Electronics Executive Chairman Lee Jae-yong met with a group of top executives from Japanese electronic parts vendors for their annual meeting in Seoul, which had been suspended due to the CO... President Kim Woo-june, Samsung System LSI head Park Yong-in,
-
October 20, 2023
Samsung unveils foundry road map to lead automotive chip sector
Samsung Electronics, the world’s largest memory chipmaker, unveiled on Thursday its new global foundry business road map, with a particular focus on automotive chips. The plans were announced at Sam...tomer demands in a timely manner,” said Choi Si-young, president and head o...
November 01, 2024
