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January 24, 2024
SK becomes No. 2 in market cap
...he first time since January 2022 for SK to regain the No. 2 position based on market cap. While Samsung Group has long maintained its No. 1 position for years, SK and LG have competed for second. SK ...de its high-profile stock debut as the second most-valued company, worth 118 trillio...
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January 24, 2024
Korean banks ready to step up their game in India
...in more than five years for the lender to add new establishments in the country. The two locations, Chennai and Pune, are where many big-name Korean companies have ventured out. Korean tech giant Samsung Electronics and top automaker Hyundai Motor operate factories in the southeastern ...
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January 23, 2024
One in 10 Korean nationals work in large companies
... working at conglomerates with over 300 people rose by 89,000 on-year. The biggest employer was Samsung Electronics, the nation's No. 1 company by market capitalization, which had 124,070 employees u...3, according to the company's latest semi-annual report on the Financial Supervisory...
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January 23, 2024
OpenAI CEO mulls visiting Seoul to seek chip partner
...hiefs' meeting in Seoul. Industry sources also noted the possibility of OpenAI cooperating with Samsung Electronics, as they believed that the US AI company needs to enhance cooperation in diverse ar...h-performance semiconductors sufficient to be used for ChatGPT. Another anonymous s...
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January 22, 2024
Hybrid operation key to Galaxy AI: Samsung AI chief
..., with the advent of ChatGPT. In its latest Galaxy S24 series, its first AI-powered smartphone, Samsung Electronics took it further to introduce AI features for everyday use, and made the complex pro...e user,” Kim Young-jip, executive vice president and head of the artificial intelli...
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January 21, 2024
Hanlim partners with NBBJ to support Seoul’s urban innovation
...BBJ has garnered international acclaim for its innovative, eco-friendly designs, collaborating with American firms like Amazon, Alibaba and Microsoft, as well as South Korean conglomerates such as Samsung Electronics, Naver and CJ. Hanlim Chairman Park also held discussions with Morpho...
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January 21, 2024
[Herald Interview] ‘US election main risk for Korean chip, EV makers’
... global chipmakers to build semiconductor plants in the US and limits expanding production capacity, especially for advanced chips, in China, Gilholm said Trump might ask for more investments from Samsung Electronics and SK hynix. Gilholm suggested Korean companies prepare for two scen...
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January 16, 2024
NPS ups stake in Samsung Electro-Mechanics, sells Kakao in Q4
The National Pension Service, the world’s third-largest pension fund managing assets of around 1,000 trillion won ($757 billion), expanded its holdings in electronic parts manufacturer Samsung Electro-Mechanics, but dumped shares of IT giant Kakao in the September-December peri...
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January 16, 2024
How will Taiwan election affect Korean chips?
...nductor industry and the global supply chain. South Korea's two leading semiconductor makers -- Samsung Electronics and SK hynix -- are reviewing the impact of the election results on the global foun...ae-geun, head of the Korean Society of Semiconductor and Display Technology and a pr...
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January 15, 2024
[CES 2024] [Herald Interview] SK Telecom to bolster AI ties with big tech firms
...n the first quarter of the year. “The exact launch schedule (of the Android version) could be adjusted. We are trying to advance the launch to enhance the connectivity of the service,” he added. Samsung Electronics, the market leader in Android phones, is scheduled to unveil its fir...
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January 12, 2024
[CES 2024] Doosan chief highlights business synergy with AI
...cat debuted AT450X, an uncrewed and electric articulated tractor powered by AI. Park also observed the latest trends in autonomous driving and vehicle electronics as he visited relevant booths of Samsung Electronics, LG Electronics, Mercedes-Benz and Mobileye. “It’s the first large ...
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January 12, 2024
[CES 2024] Samsung Electro-Mechanics CEO pins high hopes on AI
LAS VEGAS -- Samsung Electro-Mechanics CEO Chang Duck-hyun unveiled the company's new vision centering on four key technology developments -- the mobility industry, robots, artificial intelligence an... Samsung Electro-Mechanics, which possesses core technologies in these fields...
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January 11, 2024
[CES 2024] 42dot, Samsung to launch Exynos-based auto platform
42dot, the software mobility unit under Hyundai Motor Group, clinched a deal with Samsung Electronics to develop an artificial intelligence-based software-defined vehicle platform on the sidelines of...red by system-on-chip -- an integrated circuit design that combines most of the element...
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January 11, 2024
[CES 2024] AI success hinges on steady, strategic investments: Chey
...created to measure up to high expectations and investment, SK Group Chairman Chey Tae-won said, taking part in the CES 2024 technology show in Las Vegas on Tuesday. After touring the showrooms of Samsung Electronics and LG Electronics on the opening day of the world's largest tech show...
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January 11, 2024
[CES 2024] Samsung CEO hints at plans for ‘megadeals’
LAS VEGAS – Samsung Electronics Vice Chairman and co-CEO Han Jong-hee said the South Korean tech giant may set out a plan for megasized mergers and acquisitions this year as a way to solidify its lea...ated talks were underway “little by little.” But there has been no update on such a ...
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January 11, 2024
[CES 2024] G-Dragon surprise visits CES
...K-pop artist G-Dragon was spotted visiting the CES 2024, the world’s largest tech show which kicked off in Las Vegas on Tuesday. G-Dragon popped into the showrooms of Korean tech firms, including Samsung Electronics, LG Electronics, and SK Group, where he explored their cutting-edge t...
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January 10, 2024
Samsung warns of worse than expected earnings in Q4
Samsung Electronics is estimated to have recorded its lowest operating profit in 15 years in 2023, with its chip business only slightly recovering at the end of the year after hitting rock bottom in ...res in the fourth quarter show improvements from previous quarters. In the January-Marc...
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January 10, 2024
[CES 2024] Hyundai vows innovation in software, hydrogen for 'future generations'
...d a partnership with Tenstorrent, a specialist in neural processing units, to co-develop advanced CPUs and AI co-processors. This collaboration is bolstered by a $100 million joint investment with Samsung Electronics and gains added expertise from Tenstorrent's CTO Jim Keller, renowned ...
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January 08, 2024
Samsung to boost patent leadership with ‘Ironflex’ trademark for foldable displays
According to Wert Intelligence, an intellectual property market tracker, Samsung Display has secured 1,840 patents on foldable displays alone in the US, about four times more than the 481 patents secured by China’s BOE and the 469 patents of crosstown rival LG Display. Wert predicted th...
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January 07, 2024
Samsung, Hyundai Motor to boost home-car connectivity
South Korea's top makers of chips and cars, Samsung Electronics and Hyundai Motor Group, are joining hands for heightened connectivity by integrating their smart home and connective car solutions, the companies said Thursday. In a signing ceremony on Wednesday, the two sides agreed to ex...