September 25, 2023

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• June 07, 2023

  Samsung’s iconic Frankfurt declaration marks 30th anniversary

  Lee Jae-yong’s ‘New Samsung’ taking shape According to company officials, Samsung Electronics and its affiliates have no plan to hold a commemorative event for the 30th anniversary of the declaration this year. In recent years, Samsung has celebrated key ...

• June 07, 2023

  JPMorgan CEO meets financial leaders in Seoul

  ...met with staffers at JPMorgan Seoul. He was visiting Korea after a week-long business trip to Asian countries, including China, Taiwan and Japan. Speculation grew about his possible meet-up with Samsung Electronics Chairman Lee Jae-yong, considering they have maintained clos...

• June 05, 2023

  Posco launches new low-emission steel product

  ...steelmaker’s ambitious goal to achieve carbon neutrality by 2050, the company said Sunday. LG Electronics has become the first client to purchase the newly-launched low-emission steel product for the...iances. In November last year, LG Electronics signed two memorandums of ...

• June 04, 2023

  Samsung likely to hold Galaxy Unpacked event in Korea for first time

  Samsung Electronics may hold its unpacking event for its new foldable phones in Seoul for the first time this summer, a Samsung president said on Thursday. “South Korea is an important market and Seoul is a meaningful place,” Lee Young-hee, president of the global m...

• June 04, 2023

  Samsung, Naver Cloud team up to provide private 5G network at construction site

  Samsung Electronics said Friday it is joining hands with Naver Cloud to launch a private 5G network for Hoban Construction, bringing the private 5G network in the construction sector for the first ti... safety on-site,” Chang Yong, vice president of global sales and marketing, ...

• June 04, 2023

  Meta unveils Quest 3 VR headset before Apple

  ...s expected to release its VR headset next week at the company’s Worldwide Developer Conference. The headset is likely to be equipped with AR technologies and will reportedly cost at least $3,000. Samsung Electronics, Qualcomm and Google also announced a trilateral partnershi...

• June 04, 2023

  Kakao Pay VP joins US brokerage board

  ...Shin serves as the head of Kakao Pay's payment business group and corporate development office. Before joining Kakao Pay, he held various positions in different companies -- including Kakao Corp, Samsung Electronics, McKinsey & Company and Intel Corporation -- accumulating ov...

• June 02, 2023

  Intel to build research lab for chips in Seoul

  ...at the envisioned lab. The advanced memory products include the DDR5 and Compute Express Link. The US tech giant is also expected to ramp up cooperation with the world's leading memory chipmakers Samsung Electronics and SK hynix. Intel recently launched server CPU Sapphire R...

• June 01, 2023

  Seoul shares open higher despite heightened N. Korea tension

  ...for May fell to a five-month low of 48.8, indicating a slower-than-expected recovery. Big tech stocks stood strong Wednesday, buoyed by foreign investors’ buying rush. Shares of tech heavyweight Samsung Electronics hit up to 72,500 won. Foreign investors have been raising t...

• June 01, 2023

  Samsung employees donate W230m via May campaign

  Samsung Electronics said Wednesday it has donated over 230 million won ($174,000) by launching a socially responsible campaign in May, driven by employee participation, to support 20 children from low-income households. Samsung’s chairman Lee Jae-yong, who has report...

• May 31, 2023

  Is China feeling pressure from its own ban against Micron?

  ...condition of anonymity. “The rare message appears to show that China is desperate. While YMTC may be able to supply some demand for NAND flash, there is no Chinese company producing Dram. Korea's Samsung Electronics and SK hynix are the major suppliers for the country," the ...

• May 31, 2023

  Samsung self-repair service becomes available in Korea

  Samsung Electronics said Monday it is offering a self-repair service program in South Korea for key products, including Galaxy smartphones, laptops and TVs, following the program's debut in the US last year. Under the program, the tech giant allows consumers to purchase parts a...

• May 29, 2023

  Foreign investors return to Korean stock market

  ...ous two years. The buying spree of foreign investors was led by big-name tech giants, including Samsung Electronics and SK hynix, backed by hopes that the global semiconductor industry has neared the... 100,000 won mark on Thursday for the first time in 10 months, since July ...

• May 25, 2023

  S. Korea asks US to give more leeway on chip expansion in China

  ...r, with less than 128-layer NAND flash and over 18nm DRAM -- the older, and less critical chips. The release of the guardrail proposal has prompted concerns for Korea’s leading chipmakers such as Samsung Electronics and SK hynix, which seek to receive US subsidies for their ...

• May 24, 2023

  Posco sweeps medals at Stainless Steel Awards

  ... mobile devices; and a bronze medal for its low-cost brazing filler metal for stainless steel mainly used for air-conditioning refrigerant piping. The 430 DP steel is a material co-developed with Samsung Electronics that has enhanced strength by 50 percent despite a 20 percen...

• May 24, 2023

  Samsung Health bets big on sleep-tracking

  Samsung Electronics said Tuesday it is working on advanced sleep-tracking technology as it seeks to boost its burgeoning health solutions business on its smartwatches. “Launched in 2012, Samsung Health has become a global health solution used by 64 million users arou...

• May 24, 2023

  ASM determined to expand investment in Korea: CEO

  ...an equipment companies, the ASM chief underscored that local firms will have to make "very significant effort" to catch up with the R&D capabilities it has built over the past two decades. Having Samsung Electronics and SK hynix in its list of industry-leading clients, ASM wi...

• May 23, 2023

  Samsung mulls moving launch date forward for upcoming foldable phones

  Samsung Electronics is considering holding the upcoming unpacking event for its new foldable phones at home in Korea while advancing its launch schedule to earlier than usual, industry sources said Monday. Samsung usually holds two highly publicized launch events for ...

• May 23, 2023

  Pressure mounts on Korean chipmakers as China restricts Micron chip sales

  ...g both China and the US as major clients, industry observers here say. Though exact figures are not public, the two countries account for similar portions of the the world's No. 1 DRAM chip maker Samsung Electronics' total chip sales. SK hynix also has the two countries as it...

• May 23, 2023

  Samsung-backed Rainbow Robotics seeks bigger footing in US

  Rainbow Robotics, in which Samsung Electronics recently secured a total of 14.99 percent stake, is seeking to secure a footing in the US as it participates in this week’s US Automate, North America’s largest automation trade show. The company plans to showcase its five collab...