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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...
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November 03, 2023
[Herald Interview] Merck seeks growth with Korean chipmakers
...rman 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. “The leading players i...r position is to ensure that we are a successful equipment and materials supplier t...
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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 Chairman Lee Jae-yo...
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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 o...ocial responsibility campaign for all employees to make donations and carry o...
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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'...won and 3.1 trillion won will be injected into its chip business and its disp...
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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 hynix, th...
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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...ategy,” said Michael Son, marketing vice president of the midsized and large battery...
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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 chi... Intel, the prime developer of the new technology, was formed in March 2019. Companies ...
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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...ai Motor official declined to further elaborate, saying, “Specific EV model...
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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,
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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 of foundry ...
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October 19, 2023
Scholars shed light on late Samsung chief’s management initiatives
A week ahead of the third anniversary of the late Samsung Group Chairman Lee Kun-hee’s death, scholars gathered at a global academic conference in Seoul on Wednesday, looking back on his management i...rcome infectious diseases, childhood cancer and rare diseases. The afternoon session ...
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October 18, 2023
Uncertainties alleviated for Samsung, SK chip plants in China: trade chief
... 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... of Industry and Security on Friday officially issued a rule updating general autho...
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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 Krafton. Some indust...
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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.1 conglom...
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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 estimated ...
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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 from the ...
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October 10, 2023
LG develops key OLED material to reduce reliance on imports
...vious year to 64 percent. Dopants are additives used in light-emitting layers to modify their electronic properties. Of these additives, the p-type dopant is used to ensure OLED light emission consis... TV market by total shipments in the first quarter of 2023, followed by Sony at 26.1...
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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 office in ...
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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 ...