November 01, 2024

• 

SEARCH

NEWS

• April 17, 2024

  World IT Show 2024 kicks off in Seoul

  ...y life, created by artificial intelligence (AI)," with 446 companies and institutions from 10 countries, including South Korea, attending, according to the Ministry of Science and ICT. Tech giant Samsung Electronics plans to present its AI platform, Galaxy AI, allowing visito...

• April 16, 2024

  SK hynix sees 30% surge in market cap in Q1

  ..., SK hynix, the world's second-largest memory chip maker saw the biggest market cap growth of 28.5 percent from January to the end of March, growing from 103.6 trillion won to 133.2 trillion won. Samsung Electronics, the world's top memory chip maker and the country's largest...

• April 16, 2024

  Samsung Electronics set to expand chips supply chain after $6.4b US grants

  Samsung Electronics is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of $6.4 billion from the US government ...ologies and help bring security to the US semiconductor supply chain," he sai...

• April 16, 2024

  US confirms $6.4 billion chip subsidy for Samsung

  The US government announced Monday that it will award up to $6.4 billion to Samsung Electronics for its chip fabrication facilities in Taylor, Texas. "The return of leading-edge chip manufacturing to America is a major new chapter in our semiconductor industry," said White Hous...

• April 15, 2024

  Samsung, LG showcase built-in lineup at Milan Design Week

  LG Electronics is targeting the European built-in appliance market with premium design and AI features at its 483-square-meter booth, decorated under the concept of a food lifestyle magazine. Accord...uite brand and the 'mass premium' products to meet the needs of a wide range of custome...

• April 12, 2024

  Korea faces another compensation claim over 2015 Samsung merger

  ...orean government faced another compensation claim for its alleged role in the 2015 merger of two Samsung companies. The Hague-based Permanent Court of Arbitration ruled Thursday that the Korean gover... immediately filed a suit to appeal the ruling, saying that the claims were baseless...

• April 11, 2024

  Samsung retains No. 1 spot in US home appliance market

  Samsung Electronics retained its No. 1 spot in the US home appliance market for an eighth consecutive year, dating to 2016, thanks to strong sales of key household products including refrigerators and washers, industry data showed Wednesday. According to market tracker TraQline...

• April 09, 2024

  Samsung hopes to shed Galaxy brand's ‘ajeossi phone’ reputation

  Samsung Electronics is striving to shed the reputation of its flagship Galaxy smartphones as "ajeossi" phones among teens and users in their 20s, with short films starring popular TV celebrities. An "ajeossi" is an older married man or an uncle in Korean, but in this context, i...

• April 09, 2024

  Samsung to receive over $6b subsidy from US: report

  Samsung Electronics is set to receive between $6 billion and $7 billion in grants from the US government next week as the Korean chipmaker looks to bolster its US production, Reuters reported Monday. According to the report citing anonymous sources, the subsidy from the Biden a...

• April 09, 2024

  Hotel Shilla CEO to sell W440b of Samsung shares

  ...and chief executive of Hotel Shilla, will reportedly sell some 440 billion won ($325 million) in Samsung Electronics stock, in an apparent bid to pay off her inheritance tax. Industry sources reveale...January. Concurrently, Lee Boo-jin is also unloading stakes in other group...

• April 09, 2024

  US unveils some $11.6b in grants, loans to TSMC

  ... about 20 percent of the world's advanced chips by 2030. The announcement came as South Korea's Samsung Electronics is expected to win grants for its investment in Texas under the act that sets aside...bs for Arizonans." Attention has pivoted to how much funding South Korea'...

• April 08, 2024

  Foreigners' stock investment hits record high in Q1

  .... Meanwhile, foreigners had mostly purchased shares in semiconductor and auto industries in the first quarter. According to the Korea Exchange, they scooped up 5.5 trillion won worth of shares of Samsung Electronics, the world's largest supplier of memory chips, followed by 2...

• April 08, 2024

  Samsung, SK boost investment to secure hefty chip subsidies in US

  South Korean chipmakers Samsung Electronics and SK hynix have been boosting investment in the US to secure federal subsidies and get ahead in the intensifying competition in the advanced chip packagi...announce the subsidy grant. Industry sources also predict that, if US Preside...

• April 08, 2024

  Samsung Electronics' labor unions vote for strike after wage talks break down

  Unionized workers of Samsung Electronics have voted in favor of a strike after failing to reach a deal on wage hikes with management, industry sources said Monday. Out of the 27,458 members across f...ng Electronics announced last month that it has agreed with its wor...

• April 08, 2024

  Taiwan quake may push up memory chip prices in Q2: analysts

  ...the suspension of DRAM pricing, with a reassessment of post-disaster losses to restart negotiations for second-quarter contract prices. Opting to wait and see the market direction, market leaders Samsung Electronics and SK hynix have also halted their pricing, although neithe...

• April 05, 2024

  Samsung Electronics anticipates tenfold profit surge in Q1 amid chip market rebound

  Samsung Electronics predicted a more than tenfold increase in its operating profit for the the January-March period, signaling a dramatic resurgence in its semiconductor business on rebounding demand for memory chips. Samsung’s first-quarter operating profit is estim...

• April 05, 2024

  Samsung Electronics expects tenfold jump in Q1 profit as chip demand rebounds

  South Korean tech giant Samsung Electronics said Friday its operating profit for the first quarter is estimated to have shot up more than tenfold on rebounding demand for memory chips, beating market expectations. The world's biggest maker of memory chips expected a first-quart...

• April 04, 2024

  SK hynix to build $3.87b chip packaging plant in Indiana

  ...rnment there. SK hynix has also reportedly applied for semiconductor production subsidies from the US government, according to industry sources and media reports. Bloomberg recently reported that Samsung Electronics, which invested $17 billion to build a new plant in Taylor, ...

• April 03, 2024

  Samsung Electronics to release new products globally at same time

  Samsung Electronics on Wednesday unveiled its latest lineup of home appliance innovations with the global launch of its artificial intelligence (AI)-powered products in a bid to offer synchronizing consumer experiences worldwide. At a press conference in Seoul, the tech giant u...

• April 02, 2024

  Korea urged to step up incentives for chipmakers

  ...ive years, while the member nations of the European Union are gearing up to invest 43 billion euros through 2030. On the other hand, South Korea, home to the world's two largest memory chipmakers Samsung Electronics and SK hynix, has been pointed out as lacking such direct su...

12345678910