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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 events in ...
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June 07, 2023
Samsung Biologics seeks giant leap with new plant, ADC tech
... treating cancer. Its investment into ADC technologies is not limited to production facilities. Samsung Biologics is also seeking to "strengthen the competitiveness of production technology." Its rec...tary ADC linker technology, was a part of such efforts, he said. The investment was ...
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June 07, 2023
JPMorgan CEO meets financial leaders in Seoul
...oul. 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 close ties. But both Samsung and JPM...
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June 05, 2023
K-pop stock rally proves strong despite BTS hiatus
...e's founder and chairperson Bang Si-hyuk spiked from 2.28 trillion won to 3.55 trillion won, making him the seventh wealthiest person in Korea in terms of stock value, following the members of the Samsung family and other top financial figures. Bang holds a 31.58 percent stake in Hybe. ...
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June 05, 2023
[KH Explains] Hyundai, hit by subsidy cuts in US, bolsters ties with China’s CATL
...ed by protectionist measures in the US and Europe,” an industry source close to the matter told The Korea Herald on condition of anonymity. Unlike Korea’s top battery makers – LG Energy Solution, Samsung SDI and SK On – that only supply battery cells, CATL supplies batteries with i...
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June 05, 2023
Posco launches new low-emission steel product
...ome appliances. In November last year, LG Electronics signed two memorandums of understanding with LG Electronics and Volvo Construction Equipment for future supplies of Greenate steel products. Samsung Electronics could also consider purchasing the new steel products in the future, u...
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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 marketing c...
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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, networks b...
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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 partnership to build...
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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 over 15 year...
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June 02, 2023
Intel to build research lab for chips in Seoul
...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 Rapids, its first produc... test for the server chips in the Intel Data Center Certified memory program for DDR...
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June 02, 2023
Samsung SDI CEO stresses ESG as key future strategy
South Korean battery maker Samsung SDI said Thursday an executive meeting was held to bolster environmental, social and governance management efforts. Some 20 top executives, including Samsung SDI CEO Choi Yoon-ho, joined the workshop held at the company’s headquarters in Gihe...
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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 their stake...
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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 lo...numerous anonymous donations, is trying to spread a culture of donation throughout affi...
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May 31, 2023
Is China feeling pressure from its own ban against Micron?
...e 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 official said. Yangtze M... to China, or shift its chip market to the US or any other country in the short term...
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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 la... include the Galaxy S20, S21 and S22 smartphones, Galaxy Book Pro laptops and three 32-...
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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 2022. “M...
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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 envisioned...
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May 24, 2023
Posco sweeps medals at Stainless Steel Awards
... used for air-conditioning refrigerant piping. The 430 DP steel is a material co-developed with Samsung Electronics that has enhanced strength by 50 percent despite a 20 percent decrease in thickness...ear. Starting with the latest collaboration, Posco said it plans to extend its part...
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May 24, 2023
Samsung Health bets big on sleep-tracking
Samsung Electronics said Tuesday it is working on advanced sleep-tracking technology as it seeks to boost its burgeoning health solutions business on its smartwatches. “Launched in 2012, Samsung Hea...ce more innovative features to help users better understand and stay on top ...
October 04, 2023
