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October 18, 2023
Uncertainties alleviated for Samsung, SK chip plants in China: trade chief
South Korea’s Trade Minister Ahn Duk-geun said Tuesday that the US government’s recent decision to allow exports of its chip equipment to Samsung Electronics and SK hynix plants in China has greatly relieved uncertainties surrounding the top memory chip makers’ operation and ...
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October 16, 2023
[KH Explains] Amazon's cloud industry plans raise fears of Korean market monopoly
...tap deeper into the Asia-Pacific market, the world's leading cloud service provider set up a new regional operation in Seoul, the 12th of this kind, in 2016. The company’s key clients here include Samsung Electronics, Hyundai Motor Group, LG Electronics, Posco and K...
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October 15, 2023
Samsung owns largest No. of Israeli subsidiaries among S. Korean conglomerates: report
Leading South Korean conglomerates with affiliates in Israel, including Samsung Electronics, are keeping a close watch on the heightened conflict in the Middle East, a report by corporate tracker Kor..., LG, and OCI -- each have one local branch in the country. The nation’s No...
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October 12, 2023
Samsung Electronics forecasts Q3 rebound
Samsung Electronics predicted Wednesday that its operating profits in the July-September period would recover to exceed 2 trillion won ($1.5 billion) after months of efforts to elevate profitability amid memory chip slump. Samsung's third-quarter operating profits is ...
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October 11, 2023
Uncertainties remain for Samsung, SK after US eases export controls
The decision by the US government to allow Samsung Electronics and SK hynix to supply chip equipment to their China factories indefinitely without separate approvals has given South Korean chipmakers...panies procure some of the supplies needed to operate their Chinese factories...
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October 10, 2023
LG develops key OLED material to reduce reliance on imports
...cording to market research firm Omdia, LG commanded a dominant 54.6 percent share in the global OLED TV market by total shipments in the first quarter of 2023, followed by Sony at 26.1 percent and Samsung at 6.1 percent. In terms of real-world application, LG Display plans to integrate...
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October 08, 2023
Samsung unveils next-gen Exynos 2400 mobile processor
Samsung Electronics unveiled its next-generation flagship mobile processor, the Exynos 2400, equipped with the latest graphics and generative artificial intelligence technology during its inaugural Samsung System LSI Tech Day 2023 event at its Device Solutions America ...
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October 05, 2023
Hanwha seeks bigger presence in burgeoning global robotics market
...loping core software technology that can increase the added value of the robotics business,” he added. The establishment of Hanwha Robotics follows in line with other Korean conglomerates such as Samsung and Doosan in investing in the robotics industry, as they bet on robots as among ...
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October 04, 2023
Samsung chief explores new growth drivers in Middle East
Samsung Electronics Chairman Lee Jae-yong traveled to key locations of Samsung's business in Saudi Arabia, Egypt and Israel during the six-day Chuseok holiday in South Korea to explore new business opportunities in the region, the tech giant said. Lee’s latest trip t...
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October 03, 2023
Lotte names ex-Samsung exec as new design chief
South Korean retail giant Lotte Group on Wednesday named Lee Don-tae, former president of the Samsung Art and Design Institute, as its new head of design strategy. Upon his appointment, Lotte announ... Apple's first iPhone. During his 16 years at Tangerine, Lee worked with major companie...
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September 26, 2023
Rebellions' AI chip to undergo IBM quality testing
...s collaborated with top-tier firms in various AI sectors, including chip design and software, to cultivate a comprehensive AI ecosystem. Among its 15 global collaborators are industry leaders like Samsung Electronics, Synopsys, and Applied Materials. Dr. Oh Jin-wook, chief te...
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September 22, 2023
Broadcom slapped with W1.91b fine for abusing market power in Korea
...ea’s antitrust regulator said Thursday it is imposing a fine of 19.1 billion won ($14.2 million) on US chipmaker Broadcom, along with a corrective order, for its unfair business activities against Samsung Electronics. The move came as the US chipmaker forced Samsung
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September 21, 2023
Late Samsung chairman’s Jindo dog project gets spotlight
Samsung Group late Chairman Lee Kun-hee’s Jindo dog preservation project is getting a renewed spotlight as the group’s guide dog school marks its 30th anniversary this year. According to industry so...nated dozens of dogs for blind people. And the program continues to thrive 30 years ...
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September 20, 2023
[KH Explains] Why Korean battery makers’ mass hiring still ‘not enough’ for tech race
...ttery makers have gone on a hiring spree, and it shows no signs of stopping. LG Energy Solution, Samsung SDI and SK On have hired thousands of new employees during the first six months of this year al...well, because similar qualifications are required to apply for R&D jobs. Top chipma...
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September 20, 2023
Samsung’s guide dog school marks 30th anniversary
Samsung Group’s guide dog school, which began operations after the late Chairman Lee Kun-hee’s new management declaration in September 1993, celebrated its 30-year anniversary Tuesday. Samsung held ...airman wrote in his unpublished essay. Tuesday’s ceremony was attended by...
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September 18, 2023
Samsung secures upper hand in patent fight against BOE
Samsung Display has gained an upper hand in its legal fight over patent infringement against its Chinese rival BOE Technology, as the US trade agency backed the Korean firm's claims. On Monday, the ...it a month after the investigation was announced. BOE has fought back, filing a lawsui...
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September 11, 2023
Tax revenue falls on sluggish corporate earnings
...tems from the weakened economy. Korea is largely dependent on corporate taxes, which take up an average of 22 percent of the total national tax income since 2020. For instance, Korea’s tech giant Samsung Electronics paid 241.2 billion won in corporate taxes in the first half...
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September 11, 2023
Samsung’s H2 open recruitment to start Monday
Samsung Group, South Korea’s top conglomerate, announced Sunday that its official recruitment in the latter half of this year will start Monday, with 20 affiliates joining the massive hiring drive. The key affiliates include Samsung Electronics, Samsung Dis...
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September 08, 2023
M360 APAC makes Seoul debut to explore digital-first future
...boration.” Other major keynote speakers at this year’s M360 APAC include Park Yun-kyu, second vice minister of South Korea's Ministry of Science and ICT; Kim Woo-june, head of networks business at Samsung Electronics; China Mobile Chairman Yang Jie; Globe Group President Er...
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September 07, 2023
Samsung CEO confident in competing against TSMC
Samsung Electronics co-CEO Kyung Kye-hyun, who oversees the tech giant’s chips business, expressed confidence in the foundry competition with its archrival, Taiwan Semiconductor Manufacturing Co., in line with the construction of a new chip plant in Taylor, Texas. Kyung visite...
November 01, 2024
