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Saturday, November 25, 2017

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Samsung Electronics would share the profit of its semiconductor division with its business partners. (photo courtesy: Yonhap)

Sharing Profits

23 November 2017 - 12:15pm
Cho Jin-young

Samsung Electronics announced on November 22 that it would share the profit of its semiconductor division with its business partners.

For the first three quarters of this year, the semiconductor division of Samsung Electronics posted 53.15 trillion won in cumulative sales and 24.3 trillion won in cumulative operating profit.

For the profit sharing, Samsung Electronics is raising a mutual cooperation fund of approximately 15 billion won (US$13.5 million). The fund is raised on a matching grant basis by the company and its executive and staff members.

In addition,...

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Future-oriented Restructuring

23 November 2017 - 12:00pm
Cho Jin-young

Samsung Electronics announced on November 22 that it reorganized itself to set up an artificial intelligence (AI) center and strengthen the role of the Samsung Strategy & Innovation Center (SSIC) while maintaining the current structure consisting of the Consumer Electronics (CE), IT & Mobile (IM), and Device Solutions (DS) Divisions.

In the CE and IM Divisions, Samsung Electronics combined its DMC Research Institute with its Software Center to launch Samsung Research. The AI Center is a part of Samsung Research to conduct research on AI. The AI Center is...

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Local experts in the field of bioinformatics made their research experience and developed their career at the SAIT. (photo courtesy: SAIT)

New Promising Field

23 November 2017 - 10:15am
Cho Jin-young

In the traditional IT sector, Google, Facebook, Apple and so on are already dominant and it is extremely difficult for newcomers to hit the jackpot. This is not so in the biotech and healthcare sector because techniques and solutions for utilizing a huge amount of data have just begun to be developed. This is why an increasing number of IT developers are entering the sector one after another.

Most of such people in South Korea, in particular, experts in the field of bioinformatics are former researchers of the Samsung Advanced Institute of Technology (SAIT). They made their research...

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An image of Korea Space Launch Vehicle-2 (KSLV-2).

Postponed Completion

22 November 2017 - 12:15pm
Cho Jin-young

The Ministry of Science & ICT held a public hearing in Seoul on November 21 and announced that the launch of Korea Space Launch Vehicle-2 (KSLV-2), which was previously scheduled to be launched in 2020, will be postponed by up to one year. The date of launch was moved up by one year in the previous Park Geun-hye government and has been restored this time in accordance with the original plan of the ministry.

The KSLV is a three-stage launch vehicle capable of putting a 1.5-ton application satellite into a low earth orbit of 600 km to 800 km. The ministry also announced that it...

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Apple has maintained lopsided relations with its business partners in the country all the way since 2009 when the company released the iPhone in South Korea first.

Measure against Apple

22 November 2017 - 11:30am
Cho Jin-young

People’s Party lawmaker Oh Se-jung is planning to initiate a legislative process next week in order to control Apple’s unfair business practices with appropriate regulations.

“We are trying to reflect the types of unfair business practices stipulated in the Fair Trade Act in the Mobile Device Distribution Improvement Act,” the lawmaker’s office explained on September 21, adding, “We are expecting that a bill will be proposed next week in the form of an amendment to the Mobile Device Distribution Improvement Act through discussions with interested parties and required review...

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Strengthening Foundry Business

22 November 2017 - 11:15am
Cho Jin-young

According to industry sources, Samsung Electronics brought in managing director Kye Jong-wook from GlobalFoundries last month. He is currently working as the head of the design enablement team of its R&D office, which is a key foundry business unit.

Earlier, managing director Song Byeong-moo moved from Intel to Samsung Electronics, too. The semiconductor device development expert graduated from Cornel University is currently in charge of yield management, device performance improvement in foundry processes, and so on in the logic PA team of the R&D office. Master Yuri ...

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The special committee on smart city is looking into sharing economy in working on big data-based city management systems.

Sharing Economy in Smart City

22 November 2017 - 11:15am
Cho Jin-young

According to the Ministry of Science & ICT of South Korea, the Presidential Committee on the Forth Industrial Revolution recently organized a special committee on smart city. The special committee has 18 private-sector members specialized in telecom, system integration, urban engineering, architecture, energy, transportation, sharing economy, and big data.

The South Korean government is currently working on a so-called fourth industrial revolution revolving around people. It is in this context that the special committee covers sharing economy. Examples of the concept include the...

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Samsung Electronics is likely to top the global semiconductor market excluding foundry this year with a market share of 15%.

Global #1 Chip Player

21 November 2017 - 10:30am
Cho Jin-young

According to market research firm IC Insights, Samsung Electronics is likely to top the global semiconductor market excluding foundry this year with a market share of 15% and US$65.6 billion in annual sales. The company’s sales were US$44.3 billion last year. 

Intel is expected to rank second for the first time since 1993 with US$61 billion in annual sales although its annual sales are estimated to go up by US$4 billion this year. Back in 1993, Samsung Electronics came in seventh. However, Samsung Electronics rose to the second place with a market share of 7.3% in 2006. Since then,...

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US adults preferred Samsung's Galaxy S8 to Apple's iPhone X as a holiday gift while teenagers favored the iPhone.

Which Phone Is Preferred for Holiday Gift?

20 November 2017 - 1:00pm
Cho Jin-young

US adults preferred Samsung's Galaxy S8 to Apple's iPhone X as a holiday gift, but as opposed to it, teenagers favored the iPhone, a survey showed. 

According to Forbes on November 19, market researcher Propeller Insights conducted a survey to determine which devices people wanted this holiday season. 38% of adults said that they wanted the Galaxy S8. On the other hand, only 20% and 22% of them chose the recently released iPhone X and the iPhone 8 which preceded the iPhone X, respectively.

But teenagers in America were the other way around. 28% of teenagers chose the Galaxy...

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South Korean, Chinese and Taiwanese companies will intensely compete in the global semiconductor equipment market worth US$53 billion (58.27 trillion won).

Semiconductor Equipment

20 November 2017 - 12:45pm
Cho Jin-young

As China, which declares to make an aggressive move to boost the local semiconductor industry, has been making a huge investment in semiconductor facilities and buying home-born equipment, it is likely to become the world’s second largest semiconductor equipment market next year, threatening South Korea. Accordingly, South Korean, Chinese and Taiwanese companies will intensely compete in the global semiconductor equipment market worth US$53 billion (58.27 trillion won). 

According to the Semiconductor Equipment and Materials International (SEMI) on November 19, the combined sales of...

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