In January, Korean display companies received a shocking report card. According to market research firm DSCC, Samsung Display, which held 36% of the market share in the foldable market and was considered the future of the industry, lost its first-place position to China’s BOE, which captured 42% in
The KIMM has succeeded in conducting the cooling test of a large-capacity ultra-low temperature (hereinafter referred to as ULT) Turbo-Brayton cooling system using a zero GWP refrigerant.The research team led by Principal Researcher Junseok Ko of the Department of Energy Storage Systems of the Korea
As High Bandwidth Memory (HBM), essential for powering generative AI, emerges as the main battleground in the next generation of memory semiconductors, fierce competition is brewing between Samsung Electronics and Micron to snatch the Nvidia orders currently monopolized by SK hynix.On Nov. 28, the T
President Yoon Suk-yeol has picked up the biotech industry as a future growth driver and is determined to support it. To this end, the government’s budget for biotech R&D for 2024 has been expanded by 12 percent. Starting from 2024, the government will launch large-scale R&D projects to develop vacc
The government has decided to accelerate the exports of small and medium-sized enterprises (SMEs), create an ecosystem for startups and ventures aimed at the global market, and roll out policies for SMEs to make a global leap.The Ministry of SMEs and Startups announced the “SME Promotion Comprehensi
As a race to preempt the next-generation electric vehicle battery market extends beyond the battery industry to the automotive industry, companies are accelerating their moves to secure super-gap technologies.According to sources in the battery industry on June 19, major Korean battery manufacturers
In 2022, R&D investments by the three major Korean battery companies -- Samsung SDI, LG Energy Solutions, and SK On -- exceeded two trillion won for the first time ever.Their R&D investments rose by 576.2 billion won (US$444.3 million) or 35.7 percent to 2.1871 trillion won (US$1.6866 billion) in 20
According to industry sources on March 14, Samsung SDI will unveil its BoT application lineup, which is expanding to its battery brand PriMX, and introduce super-gap technology at InterBattery 2023.Samsung SDI designed its booth by focusing on the Core Technology Zone at the center of the booth. The
As competition for global battery supremacy intensifies, all-solid-state batteries, called “dream batteries,” are attracting more attention from those in the world battery industry. This is because if this battery technology, which can boost batteries’ safety and mileage a great deal, is commerciali
Samsung SDI took the wraps off its battery brand PRiMX on Dec. 29. The battery maker aims to further boost the image of its batteries through the branding strategy.Samsung SDI is the industry's first player to adopt a branding strategy. The company has completed the registration of its trademark
Two years and two months have passed since Samsung Electronics announced its vision to rank first in system semiconductors by 2030. But critics say the Korean chipmaker will hardly clear the hurdle of TSMC, the No. 1 foundry company. While TSMC has increased its market share from 40 percent to 50 pe
Samsung Heavy Industries has started to pursue a "super-gap strategy" in LNG technology by completing an integrated LNG pilot test facility.The company held a ceremony to mark the completion of the "Integrated Shipbuilding and Offshore LNG Pilot Test Facility" at its Geoje Shipyard in South Gyeongsa
Samsung Electronics' regular executive shakeup announced on Dec. 2 showed the principles of "performance-based compensation" and "super gaps" emphasized by vice chairman Lee Jae-yong, analysts said.Vice chairman Kim Ki-nam, president Kim Hyun-suk, and president Ko Dong-jin remained in office in
Samsung Electronics said on Nov. 16 that it invested a total of 15.9 trillion won in research and development in the first three quarters of 2020. The figure was up 600 billion won (3.9 percent) from 15.3 trillion won spent during the same period of 2019. It is a record high for the January-Septembe
Samsung Electronics invested 74 billion won in four semiconductor/display material, parts and equipment (MPE) companies. The investment was the company’s second major investment in the MPE sector this year following the 110 billion won investment in late July.The Korean tech giant has been keen to s
Samsung Display and LG Display will develop core equipment for display production such as exposure equipment and ion injectors in cooperation with about 30 domestic small and mid-sized equipment manufacturers.At the moment, Samsung Display and LG Display import exposure equipment and ion injectors.
Chairman Li Dongsheng of TCL, China's leading TV maker, officially announced on Aug. 31 that TCL will enter the OLED panel market. OLED displays are a key business area that Samsung Display and LG Display are focusing on to chase off China, which aims to rise as a powerhouse in the display indus
Taiwan's TSMC, the dominant leader in the global foundry market, has disclosed its plans to move into 2-nanometer technology.The foundry giant announced at an online technology symposium on Aug. 25 that it will mass-produce semiconductors based on a two-nanometer process in 2024.TSMC senior vice
Dongkuk Steel Mill will strengthen its strategy of leading the market by expanding investment in high-end color steel plates.Dongkuk Steel Mill Co. decided to expand its production line of high-end color steel plates in Busan to an annual production capacity of 70,000 tons on July 9. It is planning
Top players of the global semiconductor industry are set to invest aggressively in production facilities this year, despite concerns that demand for semiconductors might fall due to the COVID-19 outbreak.Intel, the overwhelming No. 1 player in the server and PC CPU industries, has suggested US$17 bi