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Apple is preparing to challenge Samsung Electronics in one of the few smartphone segments that is still growing. Entering foldables seven years behind its Korean rival, its ability to catch up may hinge on pricing. Apple has scheduled a special event at its California headquarters for Sept. 9. Industry watchers expect the company to unveil its first foldable iPhone, widely dubbed the iPhone Ultra, alongside its iPhone 18 Pro lineup. The foldable is expected to have passport-like proportions, sim
Yangtze Memory Technologies, China’s largest maker of NAND flash memory, has crossed a threshold where Samsung Electronics and SK hynix can no longer dismiss it as a low-end challenger. YMTC filed on Aug. 21 for a Shanghai initial public offering that could raise about $4.9 billion, less than two weeks after Counterpoint Research put it at 14 percent of global NAND shipments in the second quarter, level with Japan’s Kioxia and behind only Samsung and the combined SK hynix-Solidigm group. China’s
China’s largest memory maker CXMT has emerged as a prospective LPDDR6 supplier for Xiaomi’s new Xring O3 processor, less than a month after SK hynix was reported as Xiaomi’s expected first supplier of the same next-generation mobile memory. The Beijing News reported Tuesday, citing supply-chain sources, that CXMT’s LPDDR6 “will be the first domestically produced memory to be paired with the Xring O3” and enter commercial use. LPDDR6 is the latest low-power DRAM standard for smartphones and other
LG CNS is entering the liquid cooling business with Naver Cloud, starting with a direct-to-chip cooling system at the Samsong data center in Goyang, Gyeonggi Province, the company said Wednesday. LG CNS took over operations of the facility in April and signed a colocation agreement with Naver Cloud. The 80-megawatt data center is owned by an asset management firm and operated by LG CNS, while Naver Cloud leases part of the space. The cooling infrastructure will support Naver Cloud’s operation of
Google is stepping up preparations to expand Google Maps in South Korea by recruiting a senior partnerships manager, as the company says it is “officially launching full-functioning Google Maps capabilities” in the country. The Seoul-based Strategic Partnerships Development Manager will join Google’s Global Product Partnerships team and work with private companies, public entities and technology partners. The job posting says Google is “building a team” around what it describes as a “monumental,
Kakao said Friday it has no plans to turn Kakao X, the investment company to be created through its planned corporate split, into a holding company. “We can say with certainty that there are absolutely no plans to convert Kakao X into a holding company after the split,” Kim Do-young, CEO nominee for Kakao X, said at a briefing Friday afternoon. Kakao’s board earlier Friday approved a plan to split the company into Kakao AI, a newly established entity, and Kakao X, which will remain as the surviv
LG Display returned to a first-half operating profit despite lower sales, as restructuring and a shift away from low-margin LCD panels reduced the share of revenue absorbed by production costs. The company posted 11.15 trillion won ($8.06 billion) in revenue for the first half of 2026, down 4.3 percent from a year earlier, according to its half-year regulatory filing last week. Cost of sales fell 7.5 percent to 9.62 trillion won. That brought the cost-of-sales ratio down to 86.3 percent from 89.
Samsung Electronics said Wednesday it will invest 240 billion won ($171.6 million) to build a new heating, ventilation and air-conditioning production line in Gwangju, as it expands its global HVAC business following its acquisition of FlaktGroup last year. The new line will be built at Samsung’s third campus in Buk-gu, Gwangju, with a total floor area of 21,800 square meters, equivalent to about three soccer fields. Production is scheduled to begin in early 2028, with the facility set to manufa
Samsung Display on Wednesday introduced a new OLED technology aimed at improving brightness consistency on foldable screens. Other products unveiled included a larger stretchable display and panels for AI devices and future vehicles. The company introduced a 7.6-inch "Wide View" display at IMID 2026 in Busan, addressing a limitation in the curved portions of flexible OLED screens. In current commercial foldables, brightness on the curved areas around the crease can appear at about 40 percent of
LG Display on Wednesday unveiled a new OLED manufacturing technology that eliminates the fine metal masks used to form red, green and blue pixels, allowing brighter, longer-lasting displays with lower power consumption. The Korean panel-maker said Flipp — FMM-less innovative pixel patterning — is the world’s first technology to produce mask-free organic light-emitting diode panels on a full 8.5-generation glass substrate. LG Display introduced the technology at IMID 2026, a major display confere
Samsung, LG take AI home race beyond appliances at IFA 2026
Posco chief calls for stronger Korea-Australia resource ties
Chipotle bets on Korea for first bite of Asia
Samsung vs. LG battle for AI cooling heats up
Musinsa posts record earnings on offline, global expansion
One purchase every 0.9 second: Olive Young foreign sales top W1tr
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Aug. 26, 2026![[Exclusive] Google builds Korea team for full-functioning Maps service](https://wimg.heraldcorp.com/news/cms/2026/08/25/news-p.v1.20260825.1771878f60eb40ba88380a1985050ed6_T1.jpg?type=h&h=240)
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