Samsung Electronics is currently considering the acquisition of a portion of the automotive electronics business from Continental, a global automotive electronics company based in Germany. If the acquisition is finalized, it will mark Samsung’s first major merger and acquisition (M&A) in seven years
SK hynix has strengthened its dominance in the High Bandwidth Memory (HBM) market by becoming the first to mass-produce the 5th generation HBM, HBM3E DRAM, and supply it to the American semiconductor company Nvidia, following its success with HBM3.On March 19, SK hynix announced that it would supply
Patent applications originating from the Republic of Korea at the European Patent Office (EPO) grew by 21% last year, according to the EPO’s Patent Index 2023 published today. This was the highest growth rate among the 20 leading innovating countries, and more than five times the average growth at t
Despite the battery industry’s active efforts to recruit talent, it continues to face challenges with labor shortages. As a result, “smart factories,” which promise to solve these labor issues while also enhancing production efficiency, are gaining attention.According to industry sources on March 18
Samsung Electronics and SK hynix are expected to have a production capacity of over 100,000 High Bandwidth Memory (HBM) units by the end of this year. The two companies are set to ramp up their HBM production more aggressively than the previous year, signaling a fiercer market competition.According
Samsung Electronics has failed to resolve wage negotiations again this year, signaling another round of union risks.The Nationwide Samsung Electronics Workers’ Union, the largest union at Samsung Electronics, announced on March 18 that it formed a labor dispute committee and will start a labor strug
With the unprecedented boom in the U.S. stock market since the beginning of this year, domestic individual investors have poured 4 trillion won (US$3 billion) into direct stock investments abroad, surpassing four times the amount invested during the same period last year. Securities firms are also r
The market for all-in-one washer-dryers, often dubbed as “dream home appliances,” is now opening up in earnest. South Korea’s two major home appliance companies, LG Electronics and Samsung Electronics, have both introduced this product. With a washer-dryer combo, there’s no need to separately transf
Kwak Hyung-chan, the manager of the Automotive Optics Team at Samsung Electro-Mechanics’ Optical Communication Solutions Division, discussed the competitive edge of Samsung Electro-Mechanics’ camera module business during a technology briefing held on March 14. He highlighted the company’s “independ
Attacks on Samsung Electronics by patent trolls are becoming increasingly cunning. These entities are focusing on purchasing patents with broad scopes that can be applied to various products and then targeting companies that release related products. Among global information technology (IT) companie
Recently, there has been a trend where shareholder demands for increased shareholder returns have slightly subsided as proposals such as the retirement of repurchased stocks or dividend expansions were rejected at shareholder meetings. While companies have temporarily relieved the pressure by proact
The combined operating profit of the top 10 companies by market capitalization in the South Korean stock market falls short of those of leading Japanese company Toyota and top Taiwanese company TSMC.To address the “Korea discount,” which refers to the undervaluation of South Korean stocks, it is poi
Samsung Biologics held its 13th regular general shareholders’ meeting at the Songdo Convensia in Incheon on March 15. The shareholders’ meeting, attended by approximately 1,500 shareholders both on-site and online, lasted for about 30 minutes starting at 9 a.m.During the meeting, a total of four age
Samsung Electronics is projected to relinquish its leading position in the global foldable phone market share to Chinese rival Huawei in the first half of this year.According to market research firm DSCC on March 14, the global shipment of foldable phones in the fourth quarter of last year totaled 4
Big South Korean companies are exiting China one after another. Business uncertainties are being fueled by fiercer competition and declining profitability in the Chinese market coupled with the U.S. government’s checks on China and policy changes by Chinese government authorities.Lotte Chemical sold
Samsung Electronics is set to unveil its next-generation storage service tailored for the artificial intelligence era.According to industry sources on March 14, Samsung Electronics will participate in the GTC 2024 NVIDIA AI Developers Conference held at the McEnery Convention Center in San Jose, Cal
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
According to foreign media reports, Samsung Electronics is set to adopt High Bandwidth Memory (HBM) process technology from SK hynix to catch up with its competitors in the HBM market.Reuters reported on March 13, citing multiple sources, that Samsung Electronics has purchased related manufacturing
Chinese TV manufacturers are aggressively targeting the OLED market, dominated by Samsung and LG, with their large LCD products offered at breakthrough prices.During the “Korea Display Conference” hosted by Omdia in the Seocho district of Seoul on March 13, Park Kyung-sun, director at Omdia Korea, s
Analysts have reported that LG Display is set to supply between 700,000 to 800,000 white OLED (WOLED) panels to Samsung Electronics.At the Korea Display Conference held on March 13 at Seoul’s EL Tower, Jeong Yoon-seong, executive director of Omdia Korea, stated, “It is believed that LG Display and S