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May 13, 2024
Samsung doubles down on Vietnam
Samsung Electronics has pledged to increase its annual spending in Vietnam to $1 billion as the Southeast Asian country emerges as a strategic base for manufacturing in the region. According to industry sources on Monday, Samsung Electronics Chief Financial Officer Park Hark-ky...
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May 12, 2024
Samsung Electronics microwave tops European market
Samsung Electronics said Sunday that it has retained its top market share position in the microwave market in Europe for the ninth consecutive year. According to market research firm Euromonitor, Samsung Electronics ranked No. 1 with a market share of 15.3 percent in the microw...
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May 12, 2024
Chinese Roborock’s rare success on home turf of Samsung, LG
...ock, the popular robot vacuum cleaner brand, has become a rare success story on the home turf of Samsung Electronics and LG Electronics. Despite the dominance of the two Korean firms in the nation’s h...ly and draining directly. Following the Chinese home appliance maker’s immense po...
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May 09, 2024
Yoon doubles down on repeal of financial investment income tax
...pected to implement as its stock market suffered about a 36 percent plunge in a month after the Taiwanese government announced the plan in 1988. Korea, home to the world's leading chipmakers like Samsung Electronics and SK hynix, plans to ease regulations for semiconductor manufacturer...
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May 09, 2024
Korea projected to outpace Taiwan in chip production by 2032: US report
...rtnership with the Boston Consulting Group. The report evaluated that Korea invested in the development of the semiconductor industry from the early stage, helping the two domestic chip makers -- Samsung Electronics and SK hynix -- grow into global semiconductor powerhouses. They each...
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May 09, 2024
Minister says chip subsidy a ‘tall order’
...es including chips, secondary batteries, biopharmaceuticals and displays. Chip subsidy programs are widespread among chip powerhouses, but Korea, home to the world’s two largest memory chipmakers Samsung Electronics and SK hynix, faces opposition that it is unfair to offer large subsi...
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May 07, 2024
Will China's self-sufficient dream in HBM come true?
...aims to produce HBM2 by 2026. Industry sources in Korea, home to top HBM suppliers SK hynix and Samsung Electronics, believe it would be difficult for the Chinese firms to catch up with the advanced ...ss with lower energy consumption is used to assist GPU in processing AI functions. ...
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May 07, 2024
[KH Explains] Can tech firms' AI alliances take on Nvidia?
...C to further strengthen its technical leadership in high-bandwidth memory chips, other tech firms are forming rival alliances. Intel has put together partnerships with Korean tech firms including Samsung, Naver and Korea Advanced Institute of Science and Technology. IT giant Naver, wh...
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May 06, 2024
Samsung mocks Apple over iPhone alarm glitch
Korean tech giant Samsung Electronics made a mockery of its rival Apple on social media last week, after some iPhone users came forward complaining that their alarms had failed to go off. In a post on Instagram, Samsung UK shared a dog meme alongside text that reads "Rest assur...
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May 02, 2024
'Our HBM chips are sold out until 2025': SK hynix CEO
... Chinese market. And for data centers, we have our NAND flash chip affiliate Solidigm, so we expect to create synergy to effectively target the Chinese market." SK hynix, the world's second-largest chipmaker, is the HBM leader with 50 percent market share, followed by crosstown rival Samsun...
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May 02, 2024
KCCI chief renews will to play bigger role in boosting economic diplomacy
...rade, Industry and Energy Ahn Duk-geun. From business circles were Google Korea Country Director Kim Kyoung-hoon, Qualcomm APAC President Kwon Oh-hyung, Hyosung Group Vice Chairman Cho Hyun-sang, Samsung Electronics President Kim Won-kyong of the global public affairs office and SK Sup...
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April 30, 2024
Samsung chip business back on track, logs W1.9tr operating profit in Q1
After logging losses for five consecutive quarters, Samsung Electronics' chip business returned to the black in the first quarter this year, thanks to rising demand for high-end chips and a surge in ...p featuring its latest on-device AI technology, and also its first wearable device Gala...
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April 29, 2024
Intel CEO to visit Seoul in June
...e event to its partners as early as next week, tech executives from Korean tech giants including Samsung Electronics and Naver will also attend the conference as speakers. But the Intel official said...er refine business discussions. When the Intel CEO visited the country in May 2022,...
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April 29, 2024
Samsung chief bolsters ties with Germany’s Zeiss
Samsung Electronics Chairman Lee Jae-yong met with top executives of German optics manufacturer Zeiss, a crucial partner for the Korean tech giant's push to lead the burgeoning market for artificial intelligence chips, during his recent trip to Europe. According to Samsung on S...
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April 26, 2024
Samsung mobile chief, Google device head meet in Seoul
Samsung Electronics President and mobile business chief Roh Tae-moon and Google Senior Vice President Rick Osterloh, who oversees the company’s platforms and devices team, met in Seoul on Thursday an...cture taken with the Korean tech giant’s mobile chief. “Had a terrific conversation...
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April 24, 2024
Korean investment in US almost doubles from pre-pandemic: report
...published by the Korea Chamber of Commerce and Industry, the total Korean investment in the US stood at $27.7 billion last year, up 75 percent from $15.8 billion in 2019. Large conglomerates like Samsung Electronics, SK hynix and Hyundai Motor have built or plan to establish facilities...
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April 24, 2024
Korean robot startup aims to transform human walking
... WIM units and achieve sales of 3 billion won, and then increase the sales volume to 10,000 units next year. WIRobotics was established in June 2021 with four employees -- all former engineers at Samsung Electronics. The startup now has 23 employees and has received 17.6 billion won in...
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April 23, 2024
[Exclusive] Korean military set to ban iPhones over 'security' concerns
...evices as well. The sources, however, claimed that Android-based smartphones, mostly those from Samsung Electronics, will be exempted from the ban, while the document explicitly states that "Bringing...users? The reason iPhones specifically would be banned, whereas Android-based smart...
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April 22, 2024
Samsung, SK hynix investors dump shares on Nvidia crash
Investors of the two Korean chip makers – Samsung Electronics and SK hynix -- dumped their shares Monday after Nvidia, the US chip giant, lost almost 10 percent Friday -- its worst day since March 2020. Market heavyweight Samsung Electronics and its chip rival SK hynix opened ...
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April 22, 2024
[KH Explains] Will 6-day workweek for executives help Samsung avert crisis?
Doubts have been raised over Samsung Group’s latest decision to make the executives of its key tech affiliates -- Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display -- work an extra day per week as part of the group's emergency measu...