-
June 27, 2023
Korean firms fight talent exodus as chip tech war intensifies
A former Samsung employee was banned from moving to US rival Micron Technology after the Korean tech giant took the issue to court amid growing concerns over illicit tech transfer. Seoul Central District Court on Sunday accepted Samsung Electronics’ petition for an i...
-
June 26, 2023
Samsung chief touts ‘meaningful trip’ to France, Vietnam
Samsung Electronics Executive Chairman Lee Jae-yong returned home Saturday after a seven-day business trip to France and Vietnam. He accompanied President Yoon Suk Yeol on his latest state visits to ...amsung Electronics producing nearly half of its flagship Galaxy sma...
-
June 23, 2023
Chaebol chiefs meet with French president
...e country’s investment attractiveness, and investment plans in future strategic industries such as energy, future transportation, health care and biotechnology. Among the attendees from Korea are Samsung Electronics Chairman Lee Jae-yong; SK Group Chairman Chey Tae-won, who ...
-
June 23, 2023
Korea Inc. heads to Vietnam to strike deals
...iations and three public companies, encompassing diverse industries of semiconductors and defense to cosmetics and food. The delegation also includes South Korea's top four conglomerate chiefs -- Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyund...
-
June 22, 2023
Big 4 chaebol chiefs back Busan’s Expo bid in Paris
... Macron in Paris on Wednesday, as they are in Paris to promote Busan's bid to host the 2030 World Expo. According to industry sources on Wednesday, the four chiefs of Korea’s top conglomerates -- Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyun...
-
June 22, 2023
Elliott warns Korea to pursue no further legal action
...und about $108.5 million in losses caused by the government’s meddling in the 2015 merger of two Samsung units may affect other pending rulings on investor-state dispute cases involving the country. ...lting in financial damages on investors The Dayyani family -- which owns the Irani...
-
June 20, 2023
Samsung adopts AI in product design, opens design lab in US, France
Samsung Electronics has adopted artificial intelligence into its design process, utilizing advanced technology to empower designers to "fully unleash" their creativity, according to the company's chief designer. "With the diffusion of new AI capabilities, new relationships need...
-
June 19, 2023
Pixar movies to run on Samsung’s Onyx Cinema LED screens
Samsung Electronics has joined hands with Pixar Animation Studios to run animated movies on its Onyx Cinema LED screens, offering significantly enhanced picture quality, the company said Sunday. Und...early six times greater than what is possible with standard projector technol...
-
June 16, 2023
Top chaebol groups search for breakthrough strategies
...ieved carbon neutrality, and stressed SK should reach its carbon neutrality goal faster. Amid the global economic downturn, other conglomerates are also set to hold management strategy meetings. Samsung Electronics, which recorded its worst earnings record in the first quart...
-
June 16, 2023
Korea unfazed by new EU battery law
... in the EU,” the Ministry of Trade, Industry and Energy said in a statement. According to the Korea International Trade Association’s report, Korean companies led by LG Energy Solution, SK On and Samsung SDI had a 63.5 percent market share in the EU last year. The EU battery law aim...
-
June 15, 2023
Samsung Electronics students' most favored employer for 1st time in decade
Samsung Electronics has been picked as the most desirable company to work for among college students here this year, occupying the top spot for the first time in a decade, a tally from a job portal showed Wednesday. Incruit surveyed 872 job-seeking university students nationwid...
-
June 15, 2023
US likely to extend exemptions for Korean chip production in China
...n semiconductor chips made using US technology, to China. The rules had immediately prompted concerns for global chip suppliers operating in China, including the world's top two memory chipmakers Samsung Electronics and SK hynix, as it would prevent the firms from selling adv...
-
June 14, 2023
Samsung, SolarEdge team up for net-zero homes
Samsung Electronics said Tuesday it was teaming up with Israeli firm SolarEdge Technologies, the world's leading solar smart inverter company, to promote carbon-neutral homes. Under the new partnership, Samsung has established a foothold for expanding its SmartThings ...
-
June 14, 2023
More flexible workweeks at Samsung, large firms
Samsung Electronics said Tuesday it is introducing more flexible working hours by allowing employers to take one Friday off per month. Keen attention is being paid to the brand new working hour scheme launched by the nation’s largest company by sales, renewing discussions abou...
-
June 13, 2023
Ex-Samsung exec arrested for leaking chip tech to China
A former executive of Samsung Electronics has been taken into custody for leaking the tech giant’s confidential business information to build a copycat semiconductor manufacturing plant in China, a local prosecutor’s office said Monday. In a press conference, the Suwon Distri...
-
June 12, 2023
Samsung's chip division to introduce custom AI Services for employees
Samsung Electronics reportedly plans to launch an in-house artificial intelligence-based service for internal use this year amid security concerns raised over OpenAI’s highly-advanced chatbot ChatGPT, according to industry sources on Sunday. Sources on condition of anonymity s...
-
June 12, 2023
[KH Explains] Mobility alliance win-win for Samsung, Hyundai
South Korea’s top makers of chips and cars, Samsung Electronics and Hyundai Motor Group, announced their first-ever partnership last week, fueling speculation that their rare tie-up could further extend in the field of future mobility. Under the deal, Samsung will sup...
-
June 08, 2023
Samsung’s Exynos processor to power Hyundai’s in-car infotainment systems
Samsung Electronics said Wednesday that its latest automotive processor, the Exynos Auto V920, will be supplied to Hyundai Motor’s next-generation in-vehicle infotainment systems, a first chip collaboration between the nation’s top two companies. “We are thrilled to be colla...
-
June 08, 2023
Samsung picks Seoul to unveil new foldable phones for 1st time
Samsung Electronics, the world’s No. 1 smartphone maker by shipment, said Wednesday it will unveil its new foldable smartphone series in Seoul for the first time, in the “beating heart” of the company’s dynamic growth worldwide. The upcoming Galaxy Unpacked event will be he...
-
June 07, 2023
LG Electronics joins RE100 to go net zero by 2050
LG Electronics announced Monday it has joined RE100 initiative to go net zero by 2050. The RE100 initiative, introduced by The Climate Group in partnership with the Carbon Disclosure Project in 2014, sets a 2050 target for using 100 percent renewable electricity. Global tech giants such ...