September 22, 2023

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• March 06, 2023

  Chip inventory hits 26-year high

  ...ent was posted in March 1997. Exports of chips also nosedived 42.5 percent on-year to $5.69 billion in February. While Asia’s No. 4 economy is home to the world’s two largest memory chipmakers -- Samsung Electronics and SK hynix -- the two firms have seen their inventory su...

• March 05, 2023

  Competition heats up for first Hyundai factory job openings in decade

  ...ce community app Blind, which allows users to post anonymously, with many asking whether they should consider applying. One post showed a person who claimed to be working at a production line for Samsung Electronics asking for advice in changing jobs to Hyundai. Another alle...

• March 05, 2023

  Samsung’s global DRAM market share inched up; revenue plummeted in Q4

  As global chipmakers struggle with a severe market downturn, Samsung Electronics managed to maintain its market share while seeing a sharp loss in revenue, data showed on Thursday. According to market tracker TrendForce, global DRAM revenue fell by 32.5 percent in the fourth qu...

• March 02, 2023

  Samsung Electronics top stock pick in Feb.; SM ranks No. 4

  Market bellwether Samsung Electronics was the top stock pick among investors in February, with the total trade volume of its stocks soaring to 16.17 trillion won ($12.3 billion) on the nation’s main bourse Kospi, according to data from the Korea Exchange on Wednesday. The tech...

• February 27, 2023

  Telecom carriers to show off future tech in Barcelona

  Meanwhile, Samsung Electronics will present its latest 5G solutions at the trade show, including the next-generation 5G vRAN and the newest energy saving feature for vRAN, Massive MIMO radio and advanced chip sets. "We supported the largest-scale commercial vRAN for the first t...

• February 26, 2023

  Samsung kicks off global tech seminar to introduce QLED, OLED TVs

  Samsung Electronics said Friday it had kicked off its annual tech seminar series in Frankfurt, Germany, Thursday, showcasing cutting-edge technologies behind its 2023 TV lineup, which includes Neo quantum dot light-emitting diode and organic light-emitting diode TVs. The tech s...

• February 24, 2023

  Samsung-Dish 5G partnership in progress

  Samsung Electronics said Thursday it has launched a virtual open radio access network site running on the ultra-fast 5G network along with Dish Network, the fourth-largest telecommunications carrier ... June-hee, executive vice president and head of global sales, marketing and n...

• February 23, 2023

  Average pay at Samsung estimated at W130m: report

  The average annual compensation for Samsung Electronics’ employees and executives last year was over 130 million won ($99,700), data showed Wednesday. According to market tracker Korea CXO Institute, the estimated annual salary that Samsung’s 113,604 employees and e...

• February 22, 2023

  Samsung, Naver join forces against Apple on payments

  Ahead of the long-awaited Korean debut of Apple Pay next month, Samsung Pay appears to be bolstering preparedness by teaming up with its national rival Naver Pay. Samsung Electronics said Monday that it has signed a partnership deal with Naver Financial, the operator ...

• February 21, 2023

  Korea aims to showcase pre-6G network in 2026

  ...premacy based on cooperation between the public and private sectors,” said Lee Jong-ho, Minister of Science and ICT. Lee discussed action plans for the K-Network 2030 strategy with officials from Samsung Electronics, LG Electronics and the state-run Electronic...

• February 21, 2023

  [KH Explains] Samsung returns to OLED TV market after 10 years, renews competition with LG

  Almost a decade after Samsung Electronics ditched the organic light-emitting diode TV business, the tech giant has returned to the market where crosstown rival LG Electronics dominates almost 60 percent of sales. Following its global launch last year, Samsung

• February 19, 2023

  Samsung officially launches Galaxy S23 series, first in 55 countries

  Samsung Electronics, the world's largest smartphone maker by shipment, announced the official launch of its Galaxy S23 series in 55 countries Friday, touting record-breaking preorders in South Korea. Starting sales in 55 countries, which include United States, Britain, Dubai an...

• February 17, 2023

  [Newsmaker] ChatGPT not to be trusted on Korean names

  ...nt to prison on fraud charges and for falsifying documents to help her daughter gain admission to medical school, was another subject the chatbot got wrong. It explained that Chung was the wife of Samsung Electronics Executive Chairman Lee Jae-yong. Experts noted limitations ...

• February 17, 2023

  Samsung introduces reusable photocatalytic air filter

  Samsung Electronics said Thursday it has developed a new technology for a single air purification filter that simultaneously removes fine dust and harmful gases, and can be used for up to 20 years through simple water washing. Researchers at the Samsung Advanced Insti...

• February 16, 2023

  Samsung secures cash from display unit to boost lagging chip business

  Samsung Electronics plans to borrow 20 trillion won ($15.78 billion) from its display unit to secure working capital as the tech giant seeks to maintain a similar level of investment as last year, de...m Samsung Display at an interest rate of 4.6 percent, with the loan...

• February 15, 2023

  Samsung mobile chief hints at extending AI partnerships

  Samsung Electronics President and mobile business chief Roh Tae-moon has hinted at the tech giant’s potential partnerships with global IT firms to develop new artificial intelligence technologies for its smartphones. Roh noted the possible partnerships at a press conference he...

• February 15, 2023

  Samsung chief unlikely to seek board membership

  Samsung Electronics Chairman Lee Jae-yong is unlikely to seek board membership at the company, as it was not included in the list of agenda items to be discussed in the upcoming general shareholders meeting on March 15. Samsung held a board of directors meeting on Tue...

• February 14, 2023

  Corporate relief support for quake-hit Turkey, Syria

  ... support disaster relief efforts after a devastating 7.8 magnitude earthquake on Feb. 6 that has so far left more than 33,000 people dead, and several thousands injured and in critical condition. Samsung Memory chip and smartphone maker Samsung Electronics has pled...

• February 14, 2023

  Samsung vows to replace all plastics in Galaxy phones with recycled materials by 2050

  Samsung Electronics, the largest smartphone maker in the world by shipment, vowed Monday to replace all plastics used in its Galaxy smartphones to recycled materials by 2050, highlighting its latest Galaxy S series, which has been made with the highest number of recyclables to d...

• February 14, 2023

  [NPS in Action] ‘Paper tiger’ NPS rebrands self as vocal shareholder, but motives murky

  ...pressure NPS committee members to make a decision to vote for the merger of Cheil Industries and Samsung C&T -- two key affiliates of South Korea's top conglomerate, Samsung Group in 2015. “Under the...t held much sway as a shareholder. In March last year, NPS, which owns a...