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June 26, 2024
Parties rush to roll out competing chip bills with heftier incentives
... also announced proposal bills for the chip industry, largely focused on offering direct subsidies to chipmakers. Rep. Koh Dong-jin of the ruling People Power Party, who was formerly president of Samsung Electronics, introduced his first proposal bill on June 19, which called...
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June 26, 2024
New Galaxy foldable phones to debut in Paris on July 10
Samsung Electronics plans to unveil its highly anticipated next-generation Galaxy Z series infusing Galaxy AI at the upcoming event titled "Galaxy Unpacked 2024: Galaxy AI is Here” in Paris on July 10. The Korean tech giant released a teaser trailer through its YouTube channel...
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June 25, 2024
Samsung steps up CXL development with Red Hot-certified infrastructure
Samsung Electronics, the world’s largest maker of memory chips, announced Tuesday it built the industry’s first certified Compute Express Link infrastructure, a crucial step not just for its own product verification, but also for creating an open-source ecosystem. Samsun...
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June 23, 2024
Why Korea's 8th attempt to launch 4th telecom carrier fell through
...end of realizing economies of scale. For instance, Britain's Vodafone is pursuing a merger with Three, while the US carriers T-Mobile and Sprint merged in 2020. “Looking at the situation in which Samsung Electronics and LG Electronics are actively competing in the ...
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June 20, 2024
Samsung Tizen OS integrates AI features for expanded connectivity
Samsung Electronics has been enhancing the reach of its proprietary Tizen operating system by incorporating artificial intelligence capabilities. According to Samsung Newsroom on Thursday, Tizen has been deployed in approximately 270 million units of Samsung...
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June 18, 2024
Samsung’s Galaxy S24 to livestream Paris Olympics’ opening ceremony
As the Paris 2024 Olympics is set to hold its opening ceremony outside the confines of a stadium for the very first time, Samsung Electronics will install its flagship Galaxy S24 Ultra smartphones inside the city to broadcast the iconic event, the tech giant said Tuesday. ...
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June 17, 2024
Samsung, SNU to set up joint AI research lab
Samsung Electronics and Seoul National University are collaborating to establish a joint research center dedicated to advancing artificial intelligence technology and nurturing talent in the field. Samsung Electronics held a signing ceremony Monday at SNU’s...
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June 16, 2024
Top 4 conglomerates convene strategy meetings to navigate uncertainties
Top conglomerates in Korea are set to hold their strategic meetings this month to navigate the ongoing economic slowdown and geopolitical uncertainties according to industry sources on Sunday. Samsung Electronics, the country's No. 1 conglomerate in terms of assets, will kick o...
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June 14, 2024
Samsung chief holds meetings with global tech CEOs in US
...o start chip production using advanced technologies from 2027, and introduced its new integrated Samsung AI Solutions, which will help the company reduce its supply time by 20 percent. "At a time whe...performance, low-power semiconductors," Choi Si-young, president and head of Foundry...
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June 12, 2024
[From the Scene] Kakao’s first data center unveiled
...of a new data center to effectively respond to the AI environment. … It will likely add more safety and eco-friendly features to it,” he added. While its competitor Naver has joined forces with Samsung Electronics to develop next-generation semiconductor solutions for a...
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June 11, 2024
Does Apple Intelligence have edge over Galaxy AI?
Months after Samsung Electronics launched the world's first artificial intelligence smartphone equipped with its original Galaxy AI, its archrival Apple debuted its own Apple Intelligence, only to show it lacks any kind of overwhelming advantage to differentiate itself. At the ...
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June 10, 2024
400,000 minors own Samsung Electronics shares worth W1.54tr
The number of underage stakeholders in Samsung Electronics, the country's largest company by market capitalization, has surged nearly 21 times in four years, reaching almost 400,000. According to th...llion won market capitalization as of the end of 2023. On average, each mino...
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June 10, 2024
IEEE honors Korea’s contribution to CDMA commercialization
...rean tech firms and a local research center were recognized by the Institute of Electrical and Electronics Engineers (IEEE), the world's largest technical professional organization dedicated to advanc...ng the world's first code division multiple access network used in mobile phones in ...
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June 09, 2024
Samsung Electronics executives buy W1.15b worth treasury stocks
Samsung Electronics executives have been actively purchasing treasury shares to prop up the price, which has struggled to break out of the 70,000 won ($50.70) range. Six executives at the tech giant have collectively acquired 15,490 shares of the company’s stock this month, wh...
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June 07, 2024
Samsung to introduce real-time AI translation to third-party apps
Samsung Electronics will introduce its real-time translation feature backed with artificial intelligence to third-party messaging apps like KakaoTalk to support voice calls, as part of its efforts to expand the influence of its on-device Galaxy AI, the company's research and dev...
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June 07, 2024
SK, TSMC chiefs agree to boost collaboration on AI chips
...MC's Chip on Wafer on Substrate technology, the company said. SK hynix is currently forecast to dominate the burgeoning HBM market this year, taking some 52 percent of the market share. Runner-up Samsung Electronics follows SK with 42.4 percent of the market, while US-based M...
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June 07, 2024
Future of robots depends on AI: Rainbow Robotics founder
...eil a trial product of a new electric bipedal walking robot as early as the end of this year. Rainbow Robotics, founded by a research team at KAIST Humanoid Robot Research Center in 2011, is one of a handful of robot companies making bipedal human-like robots. Samsung Electronics<...
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June 07, 2024
Samsung, Verizon chiefs join hands to promote Galaxy series
Samsung Electronics Chairman Lee Jae-yong took off for the US on a trip tightly packed with business meetings with tech leaders and government officials there, with the goal of strengthening existing partnerships for the company's future development, the tech giant said on Thurs...
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June 05, 2024
42dot gets $185m from Hyundai-Kia to boost hiring
...eceiving new features and improvements through software updates without needing to change their physical parts. At this year's CES technology show in Las Vegas, 42dot announced a partnership with Samsung Electronics to utilize the chipmaker's Exynos Auto, a processor designed...
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June 05, 2024
Undervalued no more: Jusung Engineering to spin off chip business
...ing was the first in the country to develop semiconductor front-end equipment in 1995. Among the company's leading technologies is Atomic Layer Deposition technology, which the company supplies to Samsung Electronics and SK hynix, the world's top two memory chip makers. Last ...