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February 14, 2022
Artificial intelligence powers Samsung Galaxy S22 series
...tougher and lighter frames: all are included with the newest flagship 5G smartphones unveiled by Samsung Electronics at a virtual Galaxy Unpacked event held late Wednesday, at midnight Seoul time. ...ee expects over 40 million S22 phones to be shipped this year, roughly double recent...
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February 09, 2022
Samsung under pressure to double pay raise
Samsung Electronics has come under heightened pressure to offer hefty pay increases amid strike threats from its minority labor unions over stalled wage talks, according to industry sources Wednesday... tentatively agreed on last year. Considering bonuses, the total pay increase could su...
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February 03, 2022
Will supply chain problems affect Galaxy S22 launch?
With just a week to go to Samsung Electronics’ Galaxy Unpacked event, all eyes are on whether the launch of the flagship Galaxy S22 smartphones will be affected by supply chain issues. Recent rumors...axy Tab S8. Samsung has been taking preorders for both the next Galaxy smart...
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January 25, 2022
[Korea Chips Act] Korea sets out own Chips Act, in less ambitious fashion
...1. The new rules are meant to offer state support to the domestic chip industry currently led by Samsung and SK. With the new special law, overseen by the prime minister’s office, Korea is setting ou...d development. The smaller the companies are, the larger the degree of tax relief ...
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January 17, 2022
Market retreat may be caused by coming LG Energy Solution IPO
... South Korea. The battery maker is expected to surpass SK hynix, valued at 93 trillion won after Samsung Electronics, the most valuable company here with a market cap of 461 trillion won. “The LG Ene...es. Local brokerages offer a similar estimate, saying the battery maker, which com...
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January 13, 2022
Samsung dispatches flights to bring back COVID-positive employees from CES
Samsung Electronics dispatched chartered flights to Las Vegas to bring home some 20 staff members and executives who tested positive for COVID-19 at the CES 2022 trade show, according to industry sources Wednesday. The majority of the infected Samsung officials return...
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January 11, 2022
LG battery arm vows to edge out Chinese rival
...xpand investment in R&D and work to raise battery standards. The battery maker commands more than 20 percent of the global electric vehicle battery market and supplies to General Motors and Tesla, am...ice range. Analysts have said the IPO could make the battery maker South Korea’s t...
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January 11, 2022
Chaebol groups sell shares in subsidiaries over strengthened intercompany trade measures
...ng spouses, blood relatives up to second cousins and in-laws of cousins -- and unlisted firms with 20 percent or more owned by them. But under the revised bill, the threshold has been set at 20 percen...LG Chem accounting for more than 70 percent of the company’s total revenu...
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January 05, 2022
[CES 2022] LG adds larger, smaller OLED TVs for 2022, hails newcomers
...’s perfect black and infinite contrast. The number of OLED TV makers surged to nearly threefold to 20 in 2021, from seven as of 2017, according to LG. “In the past decade of taking the lead, LG Elect...t, and that LG has made the right decision (to focus on OLED TVs).” As for indus...
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January 04, 2022
[EXCLUSIVE] In Year of Tiger, Samsung lays out 'Tiger' strategy to beat Apple
LAS VEGAS -- In the Year of the Water Tiger, Samsung Electronics has set out its own “Tiger” strategy to seek a more aggressive push in the North American market and narrow its gap with Apple in the ...point Research data showed. In India, the world’s second-largest smartphone market ...
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December 30, 2021
[CES 2022] At CES, SK to outline pledge to cut 1% of Earth’s carbon emissions
...oup, the third-largest conglomerate in South Korea--albeit lesser known on the global stage than Samsung, plans to surprise the world with its grand plan to reduce 1 percent of the world’s carbon emis...ever, based on our calculations, putting 2.4 million EVs on the road will be just e...
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December 30, 2021
Samsung likely to regain top spot in global chip market
Samsung Electronics is expected to regain the top spot in the global semiconductor market by revenue this year, outpacing its archrival Intel for the first time in three years. According to estimate...re a bigger presence in making more advanced logic chips. Currently, nonmemory chips ma...
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December 29, 2021
Companies take New Year’s meetings online amid raging pandemic
...headed by young CEOs, companies are minimizing their year-end or kickoff meetings. According to Samsung Electronics, the company and its affiliates will not hold separate year-end meetings this year....oup also substituted its kickoff meeting with a recorded New Year’s address from th...
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December 28, 2021
Moon calls for Samsung, Hyundai to collaborate on auto chips
South Korean President Moon Jae-in asked Samsung Electronics Vice Chairman Lee Jae-yong and Hyundai Motor Chairman Chung Euisun to “collaborate more closely” on automotive chips during a luncheon at ...tage, and an eventual suspension in vehicle deliveries, dragged down Hyundai Motor’s...
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December 21, 2021
From cryptocurrency to EVs, ‘green’ chips are all the rage
... low-power semiconductors, have become bestsellers among both crypto miners and electric vehicle makers looking to increase their profitability and driving range. According to industry sources Dec. 20, major chipmakers including Taiwan Semiconductor Manufacturing Co. and Samsung
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December 20, 2021
Samsung’s new China team signals change
Samsung Electronics has reportedly launched a new China team under the direct supervision of Vice Chairman and CEO Han Jong-hee, signaling a change in its strategy to reenter Asia’s largest market t...martphone market share by shipments has barely exceeded 1 percent in China since 2018,...
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December 14, 2021
Robotics stocks surge on Samsung’s new team
Shares of robotics tech firms surged Dec. 13 following news reports that Samsung Electronics is setting up a new team solely dedicated to the robotics business, one of the frequently cited new growth... bandwagon. Other robotics stocks, including Robotics, Hyulim Robot, Robostar, also su...
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December 06, 2021
Firms delay return to office, send meal kits for year-end dinners as omicron spreads
...l Dec. 16. Businesses have scrambled to respond to the latest flip-flop in COVID-19 protocols. Samsung Electronics has halted business trips unless they are “compulsory” and approved by top manageme...current 30 percent to 40 percent. For meetings, in-house education sessions and ev...
April 17, 2024
