Industry predictions suggest Samsung Electronics will significantly expand its High Bandwidth Memory (HBM) production capabilities with substantial equipment investment. This intensifies the industry leadership competition with SK hynix, which is entering mass production of its fifth-generation HBM3
After surpassing LG, SK has reclaimed the second position in group market capitalization. This marks a comeback after a two-year period since January 2022 when LG Energy Solution was listed, pushing SK to the third spot in market capitalization.According to the analysis conducted by the Korea CXO Re
The author, Sam seog Ko, is a distinguished professor at the College of AI Convergence at Dongguk University and former commissioner of the Korea Communications Commission -- Ed.The global streaming service Netflix is rapidly changing the media market. Especially during the corona pandemic, media ex
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Mobile Device Distribution Improvement Act abolished 10 years after implementationOn Jan 22, the Korean government announced its decision to abolish three regulations closely related to public liv
The Korean automobile industry including Hyundai Motor Group and the Korean battery industry have submitted a letter of opinion in order to ask the U.S. government to allow the use of key minerals for electric vehicle (EV) batteries produced in China for a limited period of time.Hyundai Motor Group
Domestic construction companies have shown a consecutive two-year increase in the amount of construction projects secured overseas, riding an upward trend.According to the International Contractors Association of Korea (ICAK) on Jan. 22, the total value of construction projects secured by domestic c
Samsung Biologics announced on Jan. 22 that it has been awarded the Platinum medal, the highest rating given only to the top 1% of companies, in Environmental, Social, and Governance (ESG) evaluation by EcoVadis, a global sustainability assessment firm.Established in France in 2007, EcoVadis evaluat
Samsung Biologics is expected to continue to post the highest growth rate in the global contract development manufacturing organization (CDMO) industry this year after posting record-high business results in 2023.A consensus forecast for Samsung Biologics’ revenue growth was 22 percent last year, ac
The government is restructuring industrial and energy technology development projects to focus on high-risk, next-generation, and large-scale tasks. There will be a significant reduction in the financial burden on companies. The plan is to transition to a demand-driven process where businesses and r
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
HD Korea Shipbuilding & Offshore Engineering (KSOE) and Samsung Heavy Industries announced on Jan. 18 that they have won two orders for very large ammonia carriers (VLACs) side by side. As demand for ammonia, an eco-friendly energy, is rising, more shipping companies are preparing to transport it by
Samsung Electronics’ Device Solutions (DS) Division executives have decided to freeze their salaries in response to the division’s deteriorating performance.The executives of the Samsung Electronics DS Division held an emergency executive meeting on Jan. 17 to reaffirm their commitment to swiftly en
Apple has overtaken Samsung Electronics in global smartphone shipments. While Samsung Electronics had previously led in shipments with its mid-range Galaxy A series, the increasing preference for premium smartphones last year led to Apple surpassing Samsung. This marks the first time Samsung has los
Samsung Electronics announced on Jan. 16 that its 2024 The Frame has become the first display to receive an ArtfulColor Validation certification from Pantone, recognizing its outstanding color reproduction and differentiated picture quality.Pantone, the global color company, awards an Artful Color V
A well-known Chinese automotive manufacturer is currently under investigation by South Korean law enforcement agencies for allegedly establishing a subsidiary in South Korea and illicitly acquiring domestic battery technologies from Samsung SDI and SK on, formerly SK innovation.According to industry
Samsung Electronics and SK hynix will build the world’s largest and best semiconductor mega cluster in the southern part of Gyeonggi Province with a total investment of 622 trillion won. The Korean government will support this project by creating infrastructure and an investment environment, strengt
Samsung SDI has acquired a stake in a Canadian nickel mine developer to strengthen its supply chain for key minerals for battery materials.According to an announcement from Canada Nickel on Jan. 15, Samsung SDI has signed an agreement to acquire a stake in Canada Nickel worth US$18.5 million. Samsun
Samsung Heavy Industries and Hanwha Ocean are expected to wrap up shipbuilding contracts in March. QatarEnergy has expanded the size of its second phase LNG carrier ordering project.QatarEnergy, Qatar’s state-run energy company, has increased the number of reserved slots at Samsung Heavy Industries,
Samsung Electronics announced on Jan. 14 that its AI companion Ballie, which made a big splash at CES 2024, will now be equipped with the Samsung Tizen OS.Originally deployed in TVs and monitors, Samsung’s Tizen OS has recently expanded to include home appliances and now next-generation AI devices.
It has been reported that China, which has implemented export controls on graphite, a key material for battery cathodes, since December of last year, has granted permission for the export of graphite to major battery companies in South Korea. However, there remains the possibility of further tighten