lecom. The goal is to boost AI service competitiveness by leveraging Korea’s world-leading semiconductor and communication technologies. As Microsoft and the Tech Big 4 have much to offer each other in business structures, this AI collaboration is expected to be a win-win for both parties.On April 2
Kwak Noh-jung, president of SK hynix, has emphasized the dangers of concentrating semiconductor supply chains in specific regions, highlighting the importance of cooperation between South Korea and the United States. His remarks came after disruptions in semiconductor production due to COVID-19 and
Governor Eric J. Holcomb, Secretary of Commerce David Rosenberg and Purdue University President Mung Chiang joined federal partners and executives of South Korea-based SK hynix Inc., the world’s leading producer of High-Bandwidth Memory (HBM) chips, today as the company announced plans to establish
Kwak Noh-jeong, president and CEO of SK hynix, announced on March 27 that the order volume for High Bandwidth Memory (HBM) will remain “tight” until next year, adding that “this year, the proportion of HBM in the total DRAM sales volume will rise to a double digit percentage, which will help profita
SK hynix President and CEO Kwak Noh-jung stated that the company is carefully considering the selection of a site for an advanced packaging facility in the United States, targeting all states.On Feb. 19, CEO Kwak made these remarks during a meeting with the press following the regular meeting of the
Samsung Electronics is set to revolutionize the Chinese smartphone market with its upcoming artificial intelligence (AI) phone, the Galaxy S24 series, featuring Baidu's generative AI. This strategy, aimed at enhancing AI service quality through collaboration with various AI partners and capturing th
LG Chem announced on Jan. 18 that it has signed a master agreement in Rome, Italy, with ENI to establish a joint venture for next-generation bio-oil. The signing ceremony was attended by key figures including Claudio Descalzi, CEO of ENI; Stefano Ballista, CEO of ENI Live; Vice Chairman Shin Hak-che
"AI is All, FAST is Fast, Death of Linear TV, Content Format Shift, M&A, Advertising, Bundling"These are the keywords that will dominate the domestic and international media, broadcast communication, and entertainment technology markets in 2024.Direct MediaLab, The Core, and the Digital Industry Pol
To commemorate SK hynix’s 40th anniversary on October 10, SK hynix President and CEO Kwak Noh-Jung laid out the company’s vision. “We will transform semiconductor memory, which has generally been considered as a commodity product1, into customized specialty solutions through continued innovations,”
On Sept. 13 (Korean time), LG Chem announced the inauguration of its European Customer Solution Center (CS Center) in Frankfurt, Germany. The opening ceremony was graced by the presence of LG Chem’s Petrochemical Division Chief Noh Guk-rae, the Deputy Mayor of Frankfurt, and other key executives and
Despite a global rush of major companies reshoring, South Korea uniquely trails its competitors in encouraging businesses to return, with the growth in returning companies remaining slow. Despite recent government efforts to encourage reshoring, assessments indicate that it is still insufficient.Acc
Pernod Ricard Hong Kong Limited has unveiled Ballantine’s 21YO Artist Edition in collaboration with celebrated Korean artist Noh Sangho exclusively in Global Travel Retail across the APAC region.This artist edition is rooted in the campaign slogan of Ballantine’s, "Time Well Spent," which emphasizes
Continuing their struggle, both Samsung Electronics and SK hynix faced losses in the second quarter, following their challenging performance in the first quarter. The cumulative deficit for both companies in the first half of this year reached a substantial figure, nearly approaching 15 trillion won
The Korea Venture Business Association (KOVA) held a global investor relations (IR) program to support venture companies' entry into the German and European markets.The Korea Venture Business Association (KOVA) announced on June 1 that it held a “Global IR Program” on May 31 in collaboration wit
Foreign workers who enter the country on non-specialist (E-9) visas should be prohibited from changing their assigned workplaces for a certain period of time, said Noh Min-sun, a researcher at the Korea Small and Medium Enterprise Institute, at a policy discussion on foreign workers for Korean SMEs
SK hynix's NAND Flash Solutions subsidiary, Solidigm, announced on May 16 that it had appointed Noh Jong-won, president of SK hynix, and David M. Dixon, vice president of Solidigm, as the new co-CEOs of Solidigm. The decision was made during a board meeting held in the U.S. on May 11, local time
The United States has included so-called guardrail provisions regarding subsidies under the CHIPS Act. Although limited investment in semiconductor facilities in China has been allowed, there are also concerns that foreign chipmakers’ semiconductor production and sales in China will soon reach their
SK hynix Inc. announced on Jan. 6 that its vice chairman and co-CEO Park Jung-ho discussed ways to strengthen cooperation with global tech companies including Qualcomm Technologies on the sidelines of the CES 2023 in Las Vegas.Park, along with SK hynix president and co-CEO Kwak Noh-jung and other ex
LG Chem will team up with the eco-friendly energy company GS EPS to convert heat sources into biomass fuel.The company announced on Dec. 20 that the two companies signed the main contract for establishing a biomass power plant that will produce industry-use steam and electricity using waste wood at
Saudi Arabia has discussed seawater desalination projects for Neom City with Korean companies that have expertise in core desalination technologies.Saudi Arabia plans to produce 100 percent of the electric power required to desalinate seawater for the eco-friendly future new city with renewable ener