December 05, 2023

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NEWS

• 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 ...

• 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 ...