The world’s largest foundry (semiconductor contract manufacturing) company, Taiwan’s TSMC, has ignited the competition in ultra-fine processes among Samsung Electronics and Intel by announcing plans for 1.6-nanometer (nm) mass production in 2026.According to industry sources and foreign media report
Samsung Electronics is zeroing in on the digital health market with new artificial intelligence (AI) wearables. The Galaxy Watch 7, set for release in the second half of this year, is expected to offer blood glucose monitoring in addition to its earlier capability to detect sleep apnea. When combine
With South Korea’s manufacturing investments shifting from the western to the eastern United States, there’s a growing need to establish logistics infrastructure like port terminals on the U.S. East Coast to mitigate logistics risks.According to the report titled “Changes in Import-Export Logistics
LG Energy Solution has declared war against technology theft, believing that patent infringement by overseas battery-related manufacturers in regions like China and Europe is severe. The company’s own investigation revealed 580 cases of confirmed patent infringement. They are ready to pursue legal a
Huawei launched its game-changing RAN Intelligent Agents. The RAN Intelligent Agents introduce a set of telecom foundation model, RAN digital twins system (RDTS), and intelligent computing power to empower 5.5G with intelligence, according to Eric Zhao, Vice President and Chief Marketing Officer of
At one point, 8 out of 10 Chinese smartphones used Organic Light Emitting Diode (OLED) panels from Korean companies. Now, that number has plummeted to less than 2 out of 10, indicating a dramatic drop in the market share of Korean companies as China encourages the use of domestically produced compon
SK telecom announced on April 22 that it has been ranked first in artificial intelligence indicators among 12 major global telecommunications companies, according to a survey conducted by U.K.-based market research firm Omdia.Omdia’s report, titled “Strategies for Telcos Transitioning to Tech Compan
Interest in the Chinese e-commerce platform that surged in the Korean market with its low-price strategy appears to be waning. The average usage time for the AliExpress app (combining Android and iOS) has plummeted to levels last seen three years ago, and the transaction volume is also at a meager l
Samsung Electronics and SK hynix are engaging in fierce competition to lead the next-generation semiconductor market in the age of artificial intelligence (AI). Both companies are striving to gain an edge through new product development and mass production timing. With Intel joining the fray, the gl
It has been revealed that the four American “big tech” companies -- Apple, Microsoft, Google, and Meta -- collectively garnered around 9 trillion won in sales and about 600 billion won in operating profit in South Korea over the past year.According to the audit reports disclosed in the Financial Sup
In a landmark move for the security industry, Neubility, a trailblazer in autonomous mobility solutions, and the South Florida Security (SFS) Group, a premier provider of integrated security services, have announced a collaborative Proof of Concept (PoC) initiative. This pioneering project is set to
On April 18, Hyundai Motor Group signed a strategic cooperation agreement with Toray Group to develop new materials for mobility at the Hyundai Motor Group headquarters in the Yangjae neighborhood of Seoul.Hyundai Motor Group has partnered with Toray Group to innovate mobility materials. The strateg
After years of double-digit growth, the global electric vehicle market is entering a chasm, considered to be a slowdown in demand just before mass adoption. Global automakers that have been aggressively investing to expand their electric vehicle lineups are scrambling for survival by making use of a
Off-road environment recognition technologies for detecting extraneous substances such as dust, mud, snow, or rain during off-road autonomous driving of construction machinery, agricultural machines, and unmanned ground vehicles (UGVs), and removing the sensor signals of these substances on a real-t
Samsung Electronics Co., Ltd., a world leader in advanced memory technology, today announced that it has developed the industry's first LPDDR5X DRAM supporting the industry’s highest performance of up to 10.7 gigabits-per-second (Gbps).Leveraging 12 nanometer (nm)-class process technology, Samsung h
Hybrid cars overtook gasoline cars for the first time in the imported car market in Korea in the first quarter of this year.According to the Korea Automobile Importers & Distributors Association, hybrid vehicles accounted for 47.5 percent (25,908 units) of newly registered imported cars from January
Samsung Electronics Chairman Lee Jae-yong (left) and BMW CEO Oliver Zipse (right) talk about BMW’s latest electric car, the New i7, at the BMW Driving Center in Yeongjongdo, Incheon, Korea, in December 2022.Germany’s BMW Group said on April 15 that it bought about 6.535 trillion won worth of auto pa
Despite major property and casualty insurance companies lowering automobile insurance premiums for two consecutive years in April 2022 with a reduction ranging from 1.2 percent to 1.4 percent, and in February last year with a reduction ranging from 2.0 percent to 2.5 percent, they have recorded prof
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) escalated tensions in February by adding an additional six Chinese companies to its blacklist, following the earlier inclusion of eight companies. With these new additions, the Biden administration has now blacklisted a total of
Domestic sales and exports of electric vehicles plummeted in the first quarter of 2024, while sales of hybrid vehicles ballooned. The analysis is that hybrid vehicles, which are more fuel-efficient and environmentally friendly, are becoming a substitute as electric vehicles have fallen into a chasm