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June 26, 2024
Parties rush to roll out competing chip bills with heftier incentives
...o 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 for the government to ...er and offer direct grants to cut operation and construction costs for chip firms. K...
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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 1...-second clip features iconic imagery of the Eiffel Tower, the Galaxy AI logo and a sil...
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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. Samsung Mem...
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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 home appliance marke...
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June 21, 2024
Short selling ban hinders Korea’s MSCI index upgrade
...factor for a country's capital flow, as it affects the investment decisions of global institutional investors. Given MSCI's cautious note on the enhancement of South Korea's market accessibility, Samsung Securities analyst Kim Dong-young expressed a guarded outlook on next year's recla...
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June 20, 2024
Samsung Biologics launch coporate culture change initiative
Samsung Biologics has launched an initiative to improve its corporate culture aimed at transforming it into a top-tier biopharmaceutical company by 2030. On Thursday, Samsung Biologics held a declar...n of ‘Samsung Biologics Way’ is the first step to innovate S...
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June 20, 2024
Merger between SK Innovation, SK E&S under consideration
...he number of its affiliates. As of February, the conglomerate reported it has 213 affiliates to the Fair Trade Commission. The number is three times more than other major conglomerates, including Samsung Group's 63 affiliates, Hyundai Motor Group's 67 affiliates and LG Group's 63 affil...
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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 smart TVs...
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June 19, 2024
Error in ruling could transform SK chief's divorce case: sources
...securities equities, which later evolved into a broader market sell-off, bringing down the overall stock market prices. The court's flip-flop over the SK stock price has brought attention to late Samsung Chairman Lee Kun-hee being accused of breach of trust for issuing bonds with a war...
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June 19, 2024
Energy storage tech of LG, Samsung shines at Interbattery Europe
Samsung SDI’s highlight at the Interbattery Europe 2024 is its upgraded Samsung Battery Box 1.5. This state-of-the-art ESS product uses high-nickel, nickel-cobalt-aluminum battery cells whose high energy density makes them ideal for large-scale energy storage. The upgraded SBB...
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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. Samsung
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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 Global Engineering ...
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June 16, 2024
Top 4 conglomerates convene strategy meetings to navigate uncertainties
...going 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 off its series of s...n took office as the head of the division in May. Having suffered its worst earning...
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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... and yield targets on track for mass production in 2027. Operating on all fronts of...
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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 advanced AI...
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June 11, 2024
Korea, Turkmenistan forge stronger ties on gas fields, smart cities
... including Park Il-joon, vice chairman of KCCI, Hong Hyeon-sung, CEO of Hyundai Engineering, Jung Won-ju, chairman of Daewoo Engineering & Construction, Chi Hyung-keun, executive vice president of Samsung C&T, and Lee Sung-yeoul, general manager of Doosan Enerbility. Government official...
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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 sh...ever, have already been introduced by other global players who preceded Apple in the AI...
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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...468.62 trillion 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
...twork used in mobile phones in 1996. The Electronics and Telecommunications Research Institute, Samsung Electronics, LG Electronics and SK Telecom collaborated to introduce CDMA technology -- a digit...nder SK, based on ETRI’s domestically introduced CDMA technology. With active colla...
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June 10, 2024
[KH Explains] How Hanwha Qcells thwarts China surge in US solar market
...ported into the US might be minimal. “Section 301 targets modules exported directly from China, but Chinese manufacturers have shifted production to Southeast Asia for export to the US Currently, China accounts for less than 1 percent of solar modules imported into the US, limiting the tariffs'...