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April 24, 2024
Korean investment in US almost doubles from pre-pandemic: report
...published by the Korea Chamber of Commerce and Industry, the total Korean investment in the US stood at $27.7 billion last year, up 75 percent from $15.8 billion in 2019. Large conglomerates like Samsung Electronics, SK hynix and Hyundai Motor have built or plan to establish facilities...
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April 24, 2024
Korean robot startup aims to transform human walking
... WIM units and achieve sales of 3 billion won, and then increase the sales volume to 10,000 units next year. WIRobotics was established in June 2021 with four employees -- all former engineers at Samsung Electronics. The startup now has 23 employees and has received 17.6 billion won in...
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April 23, 2024
[Exclusive] Korean military set to ban iPhones over 'security' concerns
...evices as well. The sources, however, claimed that Android-based smartphones, mostly those from Samsung Electronics, will be exempted from the ban, while the document explicitly states that "Bringing...users? The reason iPhones specifically would be banned, whereas Android-based smart...
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April 23, 2024
Samsung SDI showcases latest battery tech at EVS37
Samsung SDI is exhibiting its next-generation "super-gap" battery technologies, including all-solid-state batteries and ultra-fast charging solutions, at the 37th Electric Vehicle Symposium & Exposit...- all-solid-state batteries, ultra-fast charging, and batteries that last markedly long...
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April 23, 2024
Samsung starts production of 290-layer V-NAND chips
By Jie Ye-eun ( yeeun@heraldcorp.com ) The Korea Herald
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April 22, 2024
Samsung, SK hynix investors dump shares on Nvidia crash
Investors of the two Korean chip makers – Samsung Electronics and SK hynix -- dumped their shares Monday after Nvidia, the US chip giant, lost almost 10 percent Friday -- its worst day since March 2020. Market heavyweight Samsung Electronics and its chip rival SK hynix opened ...
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April 22, 2024
[KH Explains] Will 6-day workweek for executives help Samsung avert crisis?
Doubts have been raised over Samsung Group’s latest decision to make the executives of its key tech affiliates -- Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display -- work an extra day per week as part of the group's emergency measu...
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April 19, 2024
Seoul shares rattled by Israeli attack on Iran; Kospi dips to nearly 11-week low
... later in the day, closing at 841.91, down 1.61 percent from the previous day's close. Most of the big-cap stocks, particularly in the semiconductor sector, registered declines. Market bellwether Samsung Electronics saw a 2.51 percent decrease, while No. 2 chipmaker SK hynix plummeted ...
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April 19, 2024
SK hynix joins with TSMC to produce High Bandwidth Memory 4
...components for speeding up the AI process, supporting AI processors such as GPUs. SK hynix is currently dominating the burgeoning HBM market, taking some 50 percent of the market share. Runner-up Samsung Electronics chases SK with a close margin while US-based Micron Technology takes a...
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April 18, 2024
Samsung C&T president makes her first business trip to Milan
Samsung C&T President Lee Seo-hyun, the younger sister of Samsung Electronics Chairman Lee Jae-yong, visited Italy on her first business trip after her recent comeback to a management role in the company, according to industry sources, Thursday. Lee reportedly visited Milan to ...
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April 18, 2024
SK hynix chief underscores chip cooperation between Korea, US
... Lafayette, Indiana, where Purdue is located. The world's second-largest memory chip maker after Samsung Electronics said it will make a $3.87 billion investment to build an advanced chip packaging pl...tending the event from the US government and global chip firms, including AMD, Nvidi...
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April 17, 2024
Why is Apple Pay struggling to get purchase?
... a 0.15 percent commission fee per transaction via Apple Pay, whereas local digital wallets like Samsung Pay offer their services for free. During last year's parliamentary audit in October, Rep. Yun...ed for growth, especially among younger generations in Korea who increasingly favor ...
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April 17, 2024
Samsung develops fastest DRAM chip optimzied for ondevice AI
By Jo He-rim ( herim@heraldcorp.com ) The Korea Herald
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April 17, 2024
Samsung CEO bets big on connectivity to take on Apple
Samsung Electronics Vice Chairman and co-CEO Han Jong-hee said its home appliance division, backed by enhanced connectivity with mobile devices, will enjoy its heyday in the second half of this year,...ign and furniture exhibitions, being held in the northern Italy city. Han, who has bee...
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April 17, 2024
Samsung Electronics develops industry-first LPDDR5X DRAM
Samsung Electronics, the world's largest memory chipmaker, said Wednesday it has developed the industry's first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI a...percent and capacity by more than 30 percent compared with the previous generation, acc...
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April 17, 2024
World IT Show 2024 kicks off in Seoul
...ies, 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 visitors to experience AI fun...ng real-time translation. The company said it will also showcase its electronic wal...
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April 16, 2024
Credit card transactions hit W900tr in 2023
... combined card payment performance of the nation's eight major credit card companies -- Shinhan, Samsung, Hyundai, KB Kookmin, Lotte, Woori, Hana, and BC -- reached 920.5 trillion won, marking a 6.4 p... so. KB Kookmin Card followed with 164.4 trillion won, Hyundai Card with 160.1 tril...
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April 16, 2024
SK hynix sees 30% surge in market cap in Q1
...ercent 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 conglomerate by market...by 3.8 trillion won and 3.7 trillion won, respectively. Combining the market cap of...
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April 16, 2024
SK Group emerges as second-most-valuable conglomerate
...uth Korea's chip-to-battery conglomerate, emerged as the second-most-valuable conglomerate after Samsung Group in the Korean stock markets at the end of March, a corporate data firm said Tuesday. SK ...o 2,599 trillion won at end-March from 2,503 trillion won in early January, the inst...
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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 ...20 percent of the world's leading-edge chips by the end of the decade. The funding wil...