Samsung Electronics and Naver have unveiled their jointly developed artificial intelligence (AI) semiconductor, which has been in development over the past year. Known for its power efficiency being approximately eight times greater than chips from competitors like Nvidia, this product is expected t
Contents First, a global leader in digital comics specializing in IP development, production, distribution, and transmedia, announced today that it will begin publishing English e-book versions of romance fantasy web novels popularized by its Tappytoon reading platform. The Broken Ring: This Marriag
A South Korean company’s overseas gas field project, which had been suspended for nearly a year due to local opposition, has dramatically resumed thanks to intergovernmental cooperation.The Australian Maritime Safety Authority approved an environmental license for SK E&S to drill an offshore gas fie
SK hynix is accelerating the development of a new process, “Hybrid Bonding,” to maintain its global leadership in High Bandwidth Memory (HBM). The industry is closely watching whether SK hynix can continue to lead the specialty memory sector by being the first to apply this dream packaging technolog
SK chemical announced on Dec. 18 that it has obtained approval from the Science-Based Targets initiative (SBTi) for its short-term greenhouse gas reduction target by 2032.This marks the first time a domestic chemical company has received validation of its greenhouse gas reduction goals from the SBTi
Samyang Holdings announced on Dec. 18 that it has acquired a controlling stake in Verdant Specialty Solutions, a global specialty chemical materials company. The acquisition amount is approximately 330 billion won.Headquartered in the state of Texas in the U.S., Verdant focuses on the production of
Coway Co., Ltd., the “Best Life Solution Company,” announced that it is on the ‘2023 Dow Jones Sustainability Asia Pacific Index (“DJSI Asia Pacific”)’ for the 11th consecutive year. Of the 609 evaluated companies worldwide, only 156, the top 25.6%, were selected, and only 36 companies from South Ko
In the Chinese display industry, leading companies BOE and TCL CSOT are ramping up their investments in Organic Light Emitting Diode (OLED) panels, a domain traditionally dominated by Korean firms, especially in the sectors of laptops and tablets. The move has raised alarms in the industry.On Dec. 1
The smartphone market is witnessing a surge in demand for NAND flash, as manufacturers’ significant production cuts have reduced inventory buildup, and the impending launch of smartphones equipped with “on-device artificial intelligence (AI)” is anticipated. This trend is expected to boost NAND pric
Park Jung-won, chairman of Doosan Group, will attend the world’s largest consumer electronics and IT trade show, CES 2024, to be held in Las Vegas, Nevada, in the U.S., from Jan. 9 to 12.According to Doosan Group on Dec. 17, Chairman Park, along with Vice Chairman Park Ji-won and other executives, w
China’s DRAM semiconductor company, ChangXin Memory Technologies (CXMT), has hinted at the development of the next-generation semiconductor process technology, Gate-All-Around (GAA), attracting attention in the industry.According to industry sources on Dec. 14, CXMT recently announced at the 69th In
Analyses suggest that South Korea’s foundry (semiconductor contract manufacturing) production capacity may decrease somewhat due to the semiconductor competition between China and the United States and the competitive reshaping of supply chains by major global countries.According to the market resea
Samsung Electronics and SK hynix are set to gain from synergy with American Applied Materials (AMAT) and Lam Research following the Dutch company ASML establishing a Research and Development (R&D) center in South Korea, based on market share in the semiconductor equipment industry.According to the s
The government has set a goal to expand the K-Robot market to a scale of 20 trillion won by 2030 as the future growth engine. A combined investment of over 3 trillion won from both public and private sectors is planned with the objective of deploying one million robots across various industries, inc
Doosan Enerbility announced on Dec. 14 that a delegation led by Bandar Alkhorayef, the minister of industry and mineral resources of Saudi Arabia, visited its Changwon plant in South Gyeongsang Province.The visit on this day aims to inspect South Korean companies conducting business in the country a
Information and communication technology (ICT) and automobiles are leading Korean exports. ICT exports emerged from a 17-month recessionary tunnel on the coattail of memory semiconductors. Automobiles are close to surpassing US$70 billion in annual exports for the first time ever.According to the Mi
POSCO Holdings has succeeded in localizing electrodialysis membranes, a key component for lithium extraction, with a small but promising Korean company.On Dec. 14, POSCO Holdings and WSK announced that they signed a business agreement to jointly develop electrodialysis membranes for lithium producti
SeAH Group is rapidly expanding its global offshore wind power business. It is expanding its presence in the European market as an offshore wind substructure supplier.SeAH Wind, an offshore wind substructure manufacturing subsidiary of SeAH Steel Holdings, announced on Dec. 14 that it has been award
The Korean government has decided to lower Korea’s import dependence on 185 key items for semiconductors, secondary batteries, automobiles and shipbuilding to 50% by 2030. As of last year, Korea’s import dependence averaged 70%, with some items exceeding 90%.The Ministry of Trade, Industry and Energ
China’s Huawei took the wraps off a new laptop with a 5-nm application processor (AP). This came three months after the company unveiled a new smartphone with a 7-nm chip of its own development.According to sources in the information technology (IT) industry on Dec. 13, Huawei recently unveiled a ne