Following their competition in integrated washing and drying machines, Samsung Electronics and LG Electronics are now launching AI TVs, sparking another pride battle. On-device AI, which operates AI within the device without a network connection, is rapidly spreading to TVs.On March 13, Samsung Elec
SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced today that the company broke ground on a major expansion of its vaccine manufacturing plant, L HOUSE, located in Andong, Gyeongsangbuk-do, South. The groundbreaking c
The battery industry is set to unveil a bunch of new technologies at Interbattery 2024, Korea’s largest secondary battery industry show.LG Energy Solution will take the wraps off its cell to pack (CTP) product at InterBattery 2024 which will run from Feb. 6 to 8 at COEX in Seoul.Cell-to-pack technol
On Feb. 26 (local time), Korea Hydro & Nuclear Power (KHNP) signed a letter of intent (LOI) with Centrus Energy Corp., a U.S. nuclear fuel and services supplier, in Washington, D.C., to pursue stable nuclear fuel supply.The latest LOI builds upon the memorandum of understanding (MOU) signed in April
Techtaka, a leading provider of software-centric fulfillment solutions, announced today that it has successfully secured a KRW12.6 billion won ($10 million) investment from Altos Ventures. The investment, led by Altos Ventures, marks a significant milestone in Techtaka's mission to revolutionize the
Samsung Electronics’ 5G communication equipment is being supplied to the telecommunications operator TELUS, which has embarked on strengthening its 5G network by establishing Canada’s first Open Radio Access Network (OpenRAN).TELUS announced on Feb. 17 through its newsroom that it is expanding its c
Kim Joo-sun, president of SK hynix, who is in charge of the newly established artificial intelligence (AI) infrastructure, announced on Feb. 7, “We will continue to ensure that no one doubts the proposition ‘AI memory equals SK hynix’ by enhancing communication and partnership to maximize the value
Hanwha Solutions Q CELLS Division is set to simultaneously launch a new series of solar modules, the Q.TRON G2, in Korea and Europe in February. Following its pioneering mass production of the globally dominant Passivated Emitter Rear Cell (PERC) cells and modules, Hanwha Q CELLS now becomes the fir
Kia Corp.’s market capitalization has outstripped Hyundai Motor’s. The automaker’s record-breaking earnings and strong shareholder return policy paid off handsomely, stock market experts say. Some of them believe that there is a remaining upside as the price-to-earnings ratio (PBR) is still below 1x
CJ Logistics announced on Jan. 31 that it has entered into a strategic partnership for logistics cooperation with Saigon Co.op, a Vietnamese state-owned retail chain giant.Through this partnership, both companies plan to establish a joint task force to collaboratively operate a new logistics center
At the beginning of this year, the Consumer Electronics Show (CES) 2024, the world’s largest consumer electronics and IT exhibition, brought into focus the trend of “on-device AI,” or artificial intelligence operating within the device. The emergence of devices equipped with this technology is injec
SK telecom anticipates further advancement in artificial intelligence (AI) technology this year, with plans to enhance its AI personal assistant “A.” and secure allies in the global market for tangible results.On Jan. 25, Yoo Young-sang, CEO of SK Telecom, discussed the company’s AI strategy with th
HMM held a naming ceremony for the HMM Garnet, a 13,000 TEU container ship, on Jan. 24.The HMM Garnet, built to enhance HMM’s eco-friendly competitiveness and diversify its fleet, is the first delivered vessel of the 12 13,000 TEU container ships in contracts signed with HD Hyundai Heavy Industries
Military representatives from six of the countries operating the prestigious 155mm/52-calibre K9 Self-Propelled Howitzer (SPH), developed by Hanwha Aerospace, have convened in Helsinki, Finland, for the annual K9 User Club meeting.For this year’s meeting, the third of its kind since 2022, Finland, w
On Jan. 22, Hanwha Vision announced the launch of the X-Series network video recorders (NVRs) that satisfies the U.S. National Defense Authorization Act (NDAA) and offers outstanding performance including the highest level of security and safety.The X-Series NVRs are three models: a 64-channel model
Samsung Electronics has incorporated its next-generation mobile application processor (AP), the Exynos 2400, into the latest premium smartphone, the Galaxy S24 series.On Jan. 17, Samsung Electronics hosted Galaxy Unpacked 2024 at the SAP Center in San Jose, California, in the U.S., where they unveil
Hyundai Motor Company today presented its vision for a hydrogen-powered, software-driven transformation beyond mobility applications at CES 2024. Under the theme ‘Ease every way,’ the company held its Media Day at the Mandalay Bay Convention Center in Las Vegas to highlight its future blueprint for
The author is an analyst for NH Investment & Securities. He can be reached at soohong.cho@nhqv.com -- Ed.Sales growth to slow at HMG in 2024In 2024, an earnings growth slowdown is largely expected for HMG. The company has set a global wholesale target of 7.443mn units (+1.9% y-y) and domestic sales
LG Display is set to unveil a slew of OLED strategy products boasting unique technological advancements at the world’s largest electronics and IT trade show, CES 2024. The company will showcase large OLED technologies surpassing current limitations in image quality and performance, along with next-g
LG Electronics is set to unveil its brighter and clearer 2024 LG OLED evo TV, powered by a dedicated artificial intelligence (AI) processor, at CES 2024.At the world’s largest consumer electronics and information technology (IT) exhibition, CES 2024, to be held in Las Vegas, Nevada from Jan. 9 to 12