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March 13, 2024
US gains propel Kospi to 2-year intraday high
...est rate cut, the US stocks rallied backed by the rebound in AI shares,” analyst Han Ji-young from Kiwoom Securities said. “The AI rally stretched out to the local stock market.” Tech heavyweight Samsung Electronics' shares stood at 73,700 won, marking a 0.55 percent gain, while the...
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March 11, 2024
Samsung to debut washer-dryer combo globally in Q2
Samsung Electronics said Monday it would launch its latest Bespoke AI Combo, a combined washer and dryer powered by artificial intelligence, in global markets in the next few months. "Shipments to t...Samsung appliance is about 3 million won ($2,282) cheaper than the LG product...
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March 11, 2024
Samsung Electronics to launch washer-dryer combo globally in Q2
Samsung Electronics said Monday it will launch its latest Bespoke AI Combo washer-dryer globally within the second quarter of this year. The Bespoke AI Combo, which combines a 25 kilogram washing ca...ed States, and the official launch is scheduled for this month," Vice President Moo-hyu...
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March 11, 2024
Samsung’s H1 hiring season starts Monday
Samsung Group, South Korea’s top conglomerate, said Sunday that its official recruitment in the first half of this year will start Monday, with 19 affiliates joining the large-scale hiring of entry-level workers. The key affiliates include Samsung Electronics, Samsung
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March 09, 2024
SK hynix foreign ownership peaks…Will share prices soar?
Foreigners have been selling Samsung Electronics in large numbers, adding to the downward pressure. Samsung Electronics was the most bought stock by foreigners in January, but fell to seventh place in February as a net buyer. This month, it has been among the top sellers. Mark...
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March 07, 2024
Seoul court bans former SK hynix chip researcher from working for US rival
...nd for advanced HBM chips is growing quickly, and SK hynix is leading the burgeoning market with Samsung Electronics, together taking about 90 percent of the market share. HBM is a memory chip with l...it had started on mass production of fifth- generation HBM3E memory ahead of rivals ...
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March 07, 2024
Seoul court upholds injunction to keep SK hynix official from moving to Micron
...chips have been gaining popularity due to their pivotal role in powering generative AI systems, like OpenAI's ChatGPT. SK hynix leads the market with the fourth-generation HBM3 chips, followed by Samsung Electronics and Micron. A recent report showed that SK hynix claimed a market sha...
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March 06, 2024
Samsung Galaxy S24 Ultra tops best smartphone list
Consumer Reports: S24 Plus ranks third, S23 Ultra climbs four spots Samsung Electronics' Galaxy S24 Ultra AI smartphone has clinched the top spot in a recent smartphone assessment by US Consumer Reports. Scoring 87 overall, it outperformed Apple's iPhone 15 Pro Max (86). The evaluation...
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March 06, 2024
Samsung may build Google’s next Tensor chip: sources
Samsung Electronics' foundry division is expected to get a boost as Google reportedly plans to build its new Tensor G4 chipset based on Samsung’s latest Exynos 2400 blueprint, according to industry s...t CEO Jim Keller and OpenAI CEO Sam Altman also recently visited Seoul and m...
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March 06, 2024
KAIST develops next-generation ultra-low power LLM accelerator
...PT-2 with an ultra-low power consumption of 400 milliwatts and a high speed of 0.4 seconds, according to the Ministry of Science and ICT. The 4.5-mm-square chip, developed using Korean tech giant Samsung Electronics' 28 nanometer process, has 625 times less power consumption compared w...
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March 05, 2024
Naver to unveil world's 1st web platform-based robot OS
...nal robot OSs, on its robots and later create an open ecosystem. The company will also unveil a next-generation robot platform co-developed with Samsung Electronics during the event. The two companies have jointly developed a robotics edge computing platform by converging Naver's OS a...
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March 04, 2024
Kuala Lumpur subway station renamed ‘Samsung Galaxy Station'
A subway station in Kuala Lumpur, Malaysia, was renamed “Samsung Galaxy Station“ on Feb. 29 as part of the tech giant’s big push into the Southeast Asian market. Samsung said Monday that Tun Razak E... and is used by an average of 380,000 people a day. Malaysia is the No. 1...
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March 04, 2024
Global tech titans rush to visit Seoul to win AI leadership
...ties by establishing independent supply and demand systems by bolstering business alliances with Samsung Electronics, LG Electronics and SK hynix before the AI and extended reality markets fully matur... Therefore, the (Big Tech) chiefs chose to secure the specialized technological capa...
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March 04, 2024
Korean stocks benefit from Zuckerberg's Seoul visit
...ntion. In a report on Friday, Korea Investment and Securities suggested eight stocks, including Samsung Electronics and LG Electronics, that would benefit from Zuckerberg's visit to Seoul. Traveling...t Yoon Suk Yeol and business leaders during his three-day trip, including separate m...
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February 29, 2024
[KH Explains] What does Apple's dead car project mean for Samsung, Hyundai?
... to affect the future strategies of its rivals across industries. There will be no exception for Samsung Electronics and Hyundai Motor Group, the nation’s top companies that seem eager to secure an ea...tors, and having strong affiliates operating in battery and auto parts, rumors were...
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February 29, 2024
Yoon, Zuckerberg discuss AI, digital ecosystem in Seoul
...on, according to the presidential office. Additionally, the Meta founder reportedly pointed out Samsung Electronics’ global competitiveness in the foundry business raises the importance of its partne... “(The president said) Regarding investment near Seoul to create an ecosystem for...
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February 28, 2024
Zuckerberg meets LG’s top brass in Seoul over XR partnership
..., the first official visit since 2013. Industry sources said Zuckerberg was likely to meet with Samsung Electronics Chairman Lee Jae-yong to discuss ways to cooperate with AI chips and XR business du...he did during his last trip to the country. Zuckerberg met with Lee in Korea in 2014...
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February 28, 2024
Kakao Pay vice president appointed head of securities unit
...kao Pay Securities' presence in global markets, especially through overseas payment solutions and the attempt to acquire US brokerage Siebert, have been noteworthy, according to the firm. Before joining Kakao Pay, Shin gained experience in the technology and platform business sectors through rol...
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February 27, 2024
Samsung eyes AI chip leadership with highest-capacity HBM3E
Samsung Electronics said Tuesday it has developed HBM3E 12H, the industry’s first 12-stack HBM3E DRAM and the highest-capacity HBM product to date, going one step further than its rivals in the burge...o manage their resources more flexibly and reduce the total cost of ownership for data...
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February 27, 2024
SK chief ambitious about leading AI era with ‘much more’ services
... for future growth engines by participating in global tech events, including the MWC and the CES 2024, the world’s largest tech trade show, in Las Vegas, last month. On the same day, Chey visited Samsung Electronics' showroom with the tech giant mobile chief Roh Tae-moon and experienc...