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March 05, 2024
Samsung SDI aims to mass-produce all-solid-state batteries in 2027
Samsung SDI, a major South Korean battery maker, said Tuesday it aims to mass-produce all-solid-state batteries (ASBs) in 2027 to meet demands in the upcoming era of electric vehicles (EVs). Samsung SDI has outlined its preparations for ASBs, which it calls a solution to fire-p...
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March 04, 2024
Kuala Lumpur subway station renamed ‘Samsung Galaxy Station'
A subway station in Kuala Lumpur, Malaysia, was renamed “Samsung Galaxy Station“ on Feb. 29 as part of the tech giant’s big push into the Southeast Asian market. Samsung said Monday that Tun Razak E... and is used by an average of 380,000 people a day. Malaysia is the No. 1...
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March 04, 2024
Finance giants boost female board numbers amid government initiative
...he size of its outside board from six to seven members in the process. Similarly, Hana Financial Group is replacing three retiring outside directors with three new members, one of whom is female, Samsung SDS Executive Vice President Yoon Shim. This change elevates the number of Hana's ...
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March 04, 2024
Global tech titans rush to visit Seoul to win AI leadership
...ties by establishing independent supply and demand systems by bolstering business alliances with Samsung Electronics, LG Electronics and SK hynix before the AI and extended reality markets fully matur... Therefore, the (Big Tech) chiefs chose to secure the specialized technological capa...
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March 04, 2024
Korean stocks benefit from Zuckerberg's Seoul visit
...ntion. In a report on Friday, Korea Investment and Securities suggested eight stocks, including Samsung Electronics and LG Electronics, that would benefit from Zuckerberg's visit to Seoul. Traveling...t Yoon Suk Yeol and business leaders during his three-day trip, including separate m...
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March 04, 2024
InterBattery 2024 to spotlight all-solid-state, affordable batteries
...casing 1,896 booths from global battery giants, including South Korea's own LG Energy Solutions, Samsung SDI and SK ON. Amid concerns about a shrinking battery market due to a slowdown in the electri...and performance. Key South Korean players will present their latest innovations and...
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February 29, 2024
[KH Explains] What does Apple's dead car project mean for Samsung, Hyundai?
... to affect the future strategies of its rivals across industries. There will be no exception for Samsung Electronics and Hyundai Motor Group, the nation’s top companies that seem eager to secure an ea...tors, and having strong affiliates operating in battery and auto parts, rumors were...
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February 29, 2024
Yoon, Zuckerberg discuss AI, digital ecosystem in Seoul
...on, according to the presidential office. Additionally, the Meta founder reportedly pointed out Samsung Electronics’ global competitiveness in the foundry business raises the importance of its partne... “(The president said) Regarding investment near Seoul to create an ecosystem for...
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February 28, 2024
Zuckerberg meets LG’s top brass in Seoul over XR partnership
..., the first official visit since 2013. Industry sources said Zuckerberg was likely to meet with Samsung Electronics Chairman Lee Jae-yong to discuss ways to cooperate with AI chips and XR business du...he did during his last trip to the country. Zuckerberg met with Lee in Korea in 2014...
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February 28, 2024
Kakao Pay vice president appointed head of securities unit
...kao Pay Securities' presence in global markets, especially through overseas payment solutions and the attempt to acquire US brokerage Siebert, have been noteworthy, according to the firm. Before joining Kakao Pay, Shin gained experience in the technology and platform business sectors through rol...
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February 27, 2024
Merck’s Keytruda tops drug sales in Korea
...’s request to expand treatment insurance coverage. In Korea, Keytruda is covered for seven indications in four cancers. As Keytruda’s sales expand both here and abroad, local companies, including Samsung Bioepis, Chong Kun Dang and Celltrion, are taking steps to introduce their own K...
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February 27, 2024
Samsung ready to launch Galaxy Ring this year
The Galaxy Ring will be available in nine sizes, with weights from 2.3 grams to 2.9 grams, catering to a wide range of users. The device will come in platinum silver, ceramic black, and gold, featuring a design that conceals its health-tracking sensors unless removed. The battery life was not discl...
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February 27, 2024
Samsung eyes AI chip leadership with highest-capacity HBM3E
Samsung Electronics said Tuesday it has developed HBM3E 12H, the industry’s first 12-stack HBM3E DRAM and the highest-capacity HBM product to date, going one step further than its rivals in the burge...o manage their resources more flexibly and reduce the total cost of ownership for data...
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February 27, 2024
SK chief ambitious about leading AI era with ‘much more’ services
... for future growth engines by participating in global tech events, including the MWC and the CES 2024, the world’s largest tech trade show, in Las Vegas, last month. On the same day, Chey visited Samsung Electronics' showroom with the tech giant mobile chief Roh Tae-moon and experienc...
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February 27, 2024
[KH explains] Why Korea has been so quick to adopt ‘global minimum tax’
Industrial impact According to government estimates, about 250 companies, including Samsung Electronics and Hyundai Motor Group, will be subject to the 15 percent minimum rule. Authorities cautione...and at 8.5 percent and Hungary at 9 percent, will also face negative impacts. LG Chem, ...
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February 27, 2024
[KH Explains] Will Yoon's 'value-up' drive end Korea discount?
...ere to invest? Share prices of major conglomerates' holdings companies -- notorious for being undervalued -- had soared after it was confirmed last month that related measures would be announced. Samsung's de facto holding company Samsung C&T and SK Inc., the holding firm of ...
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February 27, 2024
Zuckerberg to discuss developing mixed reality headset with LG chief
...industry and its usage. Apple launched its first AR headset, Apple Vision Pro, early this month. Samsung Electronics has teamed up with Qualcomm and Google to develop XR technology and is expected to ...During his trip, the Meta CEO is predicted to meet with President Yoon Suk Yeol and ...
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February 27, 2024
Samsung joins global AI-RAN alliance to lead 6G technology
Samsung Electronics said Monday it has formed an alliance with global Big Tech firms to research sixth-generation technology and create an ecosystem through the convergence of artificial intelligence...rators through AI-based use cases and innovations,” said Charlie Zhang, senior vice pr...
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February 23, 2024
Samsung, LG maintain TV leadership amid Chinese rush
Korean TV makers Samsung Electronics and LG Electronics cemented their leadership in the global premium TV market in 2023, but they have been warned to gear up for Chinese rivals flooding the market ...ing display TV sector, with LG taking the top position at 48 percent market share by re...
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February 23, 2024
Samsung Galaxy smart band Fit3 to hit shelves
Samsung Electronics said Thursday that it would launch a new fitness band globally, more than three years after unveiling its predecessor in October 2020. The Galaxy Fit3 is designed with an aluminu...also send out an SOS message, informing of an emergency. It also has enhanced connecti...