Samsung Electronics
Unbiased History & Stories on Korea for Global Audience
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Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn
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SK Specialty’s headquarters in Yeongju, North Gyeongsang Province, South Korea (File photo by SK Specialty) South Korea’s private equity firm…
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US finalizes $4.7 bn chip subsidy for Samsung before Trump takes office
in NewsSamsung Electronics’ chip plant under construction in Taylor, Texas, on Jan. 2, 2024 (File photo by EPA via Yonhap) WASHINGTON…
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Samsung, Hyundai Motor eye tech alliance on autonomous vehicle chips
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An IONIQ 5-based self-driving car run by Motional, a US mobility joint venture between Hyundai Motor and Aptiv South Korea’s…
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Samsung Electro-Mechanics to develop camera modules for Atlas robots
in NewsA camera module produced by Samsung Electro-Mechanics Samsung Electro-Mechanics Co., a South Korean electronics components maker, is developing camera modules…
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Korean paper makers to file anti-dumping complaint vs Japanese rivals
in NewsKraft liner board made by Korean companies (left), Japanese liner board (center), Japanese liner board made three years ago (right)…
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Google unveils Android XR platform to launch first on Samsung headset
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A headset running on Android XR being developed by Samsung Electronics (Courtesy of Samsung) SILICON VALLEY/SEOUL — Global tech giant…
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Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
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Hyosung TNC’s booth at the world’s largest outdoor expo, ISPO, in Munich, Germany Hyosung TNC Corp., a South Korean textile…
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Samsung unveils AI-powered Galaxy Book5 Pro to take on Apple’s MacBook
in NewsSamsung’s AI-powered Galaxy Book5 Pro laptop unveiled on Dec. 12 Samsung Electronics Co. on Thursday unveiled its new Galaxy Book5…
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Samsung SDS to build AI-focused data center at Samsung Electronics’ plant
in NewsSamsung SDS Co., the information technology service unit of South Korea’s Samsung Group, plans to build an artificial intelligence data…
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Samsung foundry ‘relief pitcher’ Han Jin-man vows to improve 2 nm yields
in NewsHan Jin-man, Samsung’s new foundry chief Samsung Electronics Co.’s new contract chipmaking or foundry business chief said on Monday he will…
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Harman to lead Samsung’s automotive solution business
in NewsHarman Automotive extends its partnership with Scuderia Ferrari in February 2024 (Courtesy of Harman) Samsung Electronics Co. will enhance cooperation…
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Samsung invests in AI security platform Axiado
in NewsSamsung Electronics Co. said on Thursday it invested in the Series C funding round of Axiado, a US-based artificial intelligence…
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SK Hynix to produce HBM4 on 3 nm foundry process in 2025
in NewsSK Hynix Inc. will adopt the 3-nanometer process, the most advanced foundry technology available, to produce customized HBM4 chips in…
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Korean companies’ cash reserves swell to record high
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(Courtesy of Getty Images) Cash holdings at South Korean companies have soared to their highest-ever level, data showed on Monday.…
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POSCO to buy Korean robotics firm stake for steel business
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Neuromeka’s collaborative robot welding solution (File photo by Neuromeka) South Korea’s steel-to-battery materials conglomerate POSCO Group will invest in the…
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Hyundai Motor to buy back $720 mn in shares
in NewsJosé Muñoz, Hyundai Motor’s global chief operating officer, will take over as CEO in January 2025 Hyundai Motor Co. said…
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Samsung reshuffles top brass; Co-CEO to directly control memory business
in NewsSamsung Vice Chairman and co-CEO Jun Young-hyun will directly control its memory business Samsung Electronics Co., the world’s No. 1…
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Korean pension funds buy a net $1.2 bn Kospi stocks in November
in NewsNational Pension Service’s Investment Management headquarters in Jeonju, North Jeolla Province South Korean pension funds continued their buying spree on…
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Samsung to replace chiefs of 3 key posts: Memory, foundry, System LSI
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A researcher in a Samsung Electronics chip cleanroom Samsung Electronics Co. plans to replace the three key posts of its…
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Hyosung TNC mulls takeover of chemical affiliate’s specialty gas unit
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Hyosung Chemical’s specialty gas division supplies gas for semiconductor manufacturing process (File image from Hyosung Chemical’s website) Hyosung TNC Corp.,…
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Samsung Electronics, LG Uplus to jointly develop ixi-O AI smartphone
in NewsLG Uplus’ personal AI agent ixi-O is currently available on Apple’s iPhone 14 series South Korean tech giant Samsung Electronics…
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Hyosung Chemical scraps specialty gas unit sale to IMM, STIC
in NewsHyosung Chemical’s specialty gas plant Hyosung Chemical Corp. has failed to reach an agreement with a consortium of IMM Private…
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Tesla asks Samsung, SK Hynix to supply HBM4 chip samples
in NewsTesla’s cyber truck displayed at Korea’s Future Innovation Tech Expo 2024 in Daegu on Oct. 23, 2024 (Courtesy of News1…
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Samsung vows to regain chip lead with new R&D center
in NewsThe construction site of the NRD-K complex in Giheung (Courtesy of Samsung Electronics) Samsung Electronics Co. is pinning high hopes…
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Samsung Bespoke AI Combo targets European market
in NewsSamsung Electronics Co. said on Sunday it held the showcase for launching its all-in-one washer-dryer, Bespoke AI Combo, in Berlin,…
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Samsung Electronics to buy back $7.2 bn in shares
in NewsSamsung Electronics posts weaker-than-expected operating profit in its chip business in the third quarter Samsung Electronics Co. will buy back…
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SK Hynix affiliate Solidigm unveils industry’s highest-capacity 122TB eSSD
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Solidigm’s D5-P5336, a 122TB eSSD Solidigm, the NAND flash-making subsidiary of South Korean chipmaker SK Hynix Inc., said on Wednesday…
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Korea’s SK Siltron receives $544 mn loan from DOE for wafer investment
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SK Siltron employees show silicon wafers produced at its factory in korea South Korea’s SK Siltron Co. has secured a…
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LG Electronics, Tenstorrent in strategic tie-up for AI chip advancement
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LG Electronics CEO Cho Joo-wan (left) shakes hands with Jim Keller, CEO of US AI chip startup Tenstorrent, at the…
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S.Korean investors US stock holdings surpass $100 bn
in NewsThe US stock holdings of South Korean individual investors surpassed $100 billion for the first time, driven by a sustained…
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LG’s telecom unit to spend $2.1 bn on transition into AX company
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LG Uplus CEO Hwang Hyeon Sik explains its AI transformation strategy to the press at the company’s headquarters in Seoul…
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First Korean-American US Senator vows to cement Seoul-Washington tie
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Democratic US Representative Andy Kim delivers a victory speech at a DoubleTree Hotel in Cherry Hill, New Jersey on Nov.…
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Korean chipmakers, battery makers face new risks with Trump’s comeback
in NewsRepublican presidential nominee former President Donald Trump at an election night watch party on Nov. 6, 2024, in West Palm…
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With Samsung Bespoke AI kitchen, anyone can be a Michelin chef
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Celebrity chef Lim Hee-won (left) cooks at the Samsuing Bespoke AI Kitchen Cooking Show Lim Hee-won, a celebrity chef who…
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LG Electronics to venture into food waste disposer market
in NewsA food waste disposer LG Electronics is set to launch in 2025 LG Electronics Inc., the world’s largest home appliance…
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Nvidia asks SK Hynix to bring forward HBM4 supply by 6 months
in NewsSK Group Chairman Chey Tae-won (Courtesy of SK Group) Nvidia Corp.’s Chief Executive Jensen Huang has asked SK Group Chairman…
