42Maru, a Korean startup specializing in question-answering artificial intelligence, announced on Oct. 8 that it has signed a memorandum of understanding with Singaporean consulting firm Intage to expand its artificial intelligence business in Southeast Asia.An MOU signing ceremony was held at the I
The Korean display industry desperately needs technological breakthroughs to break out of the current difficult situation, Lee Dong-hoon, president of Samsung Display and chairman of the Korea Display Industry Association (KDIA) said at the 10th Display Day held at JW Marriott Hotel in Seoul on Oct.
A sense of crisis is spreading among officials of Samsung Electronics’ visual display (VD) business division, which has solidified the company's lead in the global TV market with quantum dot LED (QLED) TVs. This is because the VD division may lose the power to lead the company's TV business
Lee Jae-yong, vice chairman of Samsung Electronics, flew to India to meet with leading Indian business leaders and promote the company’s mobile business.Lee visited Mumbai on Oct. 6 (local time), and was briefed on the status of Samsung’s mobile business from officials of Samsung Electronics India.
Samsung Electronics Co. will provide its science research grants for the second half of this year to a total of 26 future technology R&D projects.The 26 projects included seven in basic science, 10 in materials science and nine in information communications technology (ICT).Samsung Science & Technol
LG Electronics Inc. delivered an earnings surprise in the third quarter. The company announced on Oct. 7 that it posted record high sales in the July-September period contrary to market expectations.The company's temporary estimates of third-quarter sales and operating profit reached 15.70 trill
Foldable phones and dual-screen phones are competing for technology leadership in the emerging folding smartphone market. Foldable phones can be folded up and down or right and left, while dual screen phones connect two separate displays with hinges. .Foldable phones are pioneered by Samsung Electro
Google has blocked Huawei Mate 30 users from installing Google apps such as Google Map, YouTube and Gmail. Under the circumstance, Huawei’s presence in global markets such as Europe is likely to be further affected.The latest flagship smartphone of the company, which was unveiled in Germany on Sept.
TVs from Samsung Electronics and LG Electronics have swept the first four places in a U.S. evaluation of small TV models.Samsung Electronics' products ranked first and second among the top 5 32-inch TVs selected by the leading U.S. consumer media Consumer Reports (CR), while LG Electronics’ prod
The Japanese government’s export curbs against South Korea have entered their third month, and yet South Korean companies are not being seriously affected. Rather, some of them have succeeded in replacing imports from Japan although their dependence on Japanese fluorine polyimide, photoresist and hy
SK Hynix announced on Oct. 2 that the Japanese government allowed it to import hydrogen fluoride from Showa Denko late last month and the chemical compound is being transported. It is said that SK Hynix can use it for at least two months. Earlier, the Japanese government issued the same export permi
Samsung Electronics Co. offered to back Aliro Technologies, a U.S. quantum computing startup.Samsung NEXT Ventures, the investment arm of the Korean tech giant, together with Flybridge Capital Partners and Crosslink Ventures, invested US$2.70 million (3.25 billion won) in the seed round of Aliro, ac
Samsung Electronics Co.’s non-memory semiconductor investment strategy “Vision 2030” is taking concrete shape. The company announced in April that it would invest 133 trillion won (US$110.51 billion) in non-memory semiconductors by 2030 to become No. 1 in the global system semiconductor market.The c
LG Innotek will pull out from its smartphone high-density interconnection (HDI) substrate business. The decision was made as its profitability plunged due to a slowdown in the growth of the smartphone market and intensifying competition with Chinese companies.LG Innotek will close its HDI substrate
Taiwan's TSMC, the world's largest foundry manufacturer, has filed a patent countersuit against U.S. foundry company GlobalFoundries in the United States, Germany and Singapore. TSMC made the move in response to a patent infringement lawsuit filed against it by GlobalFoundries in the United
Samsung Electronics has emerged as the No. 1 player in the global 5G telecom equipment market. According to Dell’Oro, a global market research firm, Samsung posted a market share of 37 percent from the fourth quarter of last year to the first quarter of this year. Huawei came in second with 28 perce
The International Committee for Display Metrology (ICDM) has announced that it would not intervene in the ongoing arguments between Samsung Electronics and LG Electronics related to 8K TV technology.“We do not intervene or mediate in such issues no matter what data is presented by companies using th
Electronics Co. will supply its fifth-generation (5G) network equipment to Japan’s KDDI Corp., the country’s second largest telecom company, entering one of the most lucrative network markets in the world. The company will provide US$2 billion (2.35 trillion won) worth of 5G equipment over the next
KT announced on Sept. 27 that it has signed a business agreement with Migu, China Mobile's entertainment content subsidiary, to cooperate in new media content based on 5G telecommunications.Under the agreement, KT and China Mobile Migu will join hands to jointly promote a 5G digital ecosystem an
Samsung Electronics announced on Sept. 19 that it has released 19 new SSD products in the PM 1733 and PM1735 series that are based on the “PCIe Gen4” environment powered by three new technologies. SSDs store data several times faster than hard disk drives (HDDs). With a global market share of 36.6 p