Samsung Display announced on April 17 that its 7.3-inch 1536×2152 foldable OLED display for the Galaxy Fold received the “Eye Comfort” certification from TUV Rheinland, a technology evaluation organization of Germany.The foldable OLED for the Galaxy Fold lowered the portion of harmful blue light in
Intel has discussed technical cooperation on new high-performance external graphics card “Xe” with Samsung Electronics. Industry watchers speculate that Samsung Electronics' next-generation DRAM, DDR5, may be loaded into this product.Raja Koduri, senior vice president of the Graphics Processing
South Korea’s auto industry is shrinking, with production, domestic consumption and exports all on a steady decline amid global economic slowdown, intensifying competition and labor strikes.Domestic automobile production and demand declined by 0.8 percent and 0.3 percent in the first quarter of this
Dominique Signora, CEO of Renault Samsung Motors Corp., said on April 16 that Renault Group will continue to invest in the South Korean market and contract out production of new models to Renault Samsung.Signora made the remarks during his meeting with Oh Keo-don, mayor of Busan Metropolitan City.Fo
Nokia has begun to deliver its 5G communications equipment to SK Telecom, KT and LG U+ this month, three months behind schedule. The three mobile carriers have received 1,000 to 4,000 units of the equipment so far whereas some have received 30,000 to 40,000 units from Samsung Electronics during the
A Dutch news outlet reported on April 16 (local time) that Samsung Electronics was responsible for the 2015 software theft from ASML, the world’s largest chip machinery manufacturer based in the Netherlands.According to LetsGoDigital, a Dutch online news site specializing in information technology,
Samsung Electronics Co. launched the Galaxy A2 Core smartphone in India last weekend to capture the low-end smartphone market and lowered the price to 5,300 rupees (US$76 or 87,000 won). The company already announced a full set of seven A-series phones this year, seeking to expand its share of the l
High-ranking officials at the Ministry of Economy and Finance recently met with top executives at Samsung, Hyundai Motor, SK and LG Groups to discuss investment and employment issues.At the meeting, both sides shared their opinions on the current state of the South Korean economy. Those in the busin
Samsung Electronics announced on April 16 that it has succeeded in developing a 5-nanometer (nm) process that can enhance logic density and performance of processors compared with the current 7-nm process.The company also announced that it would start within this month mass production of chips using
After the launch of 5G services earlier this month, KT customers voiced complaints about 4G services on many internet websites. They claimed that KT’s LTE speed has dropped sharply since the launch of 5G services.Such complaints began to arise following the launch of 5G services. Netizens all pointe
Samsung Electronics and Taiwanese foundry maker TSMC are intensifying competition to take the lead in development of ultra-microprocessing technologies.Taiwan's TSMC, the No. 1 player in the global foundry market, has recently completed a system semiconductor design platform for its 5-nanometer
A labor-labor conflict is emerging at Renault Samsung Motors as the company is facing a “production cliff” due to a protracted labor-management conflict. Concern about job security is growing among labor union members as the automaker’s production volume has plummeted due to a strike of the labor un
LG Display's small and medium-sized flexible organic light emitting diode (OLED) display business is standing at a crossroads. The company entered this sector last year in a bid to take a share of the market dominated by Samsung Electronics. Yet before the company began to chase Samsung Electron
Korea Resources Corp. (KORES) recently called for bids for its 10 percent share in the Cobre Panama copper mine one year ahead of commercial production. Four or five foreign companies reportedly participated in the tender. In other words, the stake is likely to end up in the hands of a foreign compa
Non-practicing entities (NPEs) led 132 patent lawsuits against South Korean companies in the United States last year, which is equivalent to 46 percent of the patent lawsuits filed in that country against South Korean companies during the period. The figures amount to 764 and 65 percent in the perio
Samsung SDS announced on April 14 that it has signed a business agreement with India’s Tech Mahindra to spread Nexledger, a blockchain platform for enterprises, in the global market.Tech Mahindra is Mahindra Group’s IT service company with over 900 corporate clients and over 120,000 IT engineers.Und
Chen Wei-Hua, chief technology officer of Yangtze Memory Technologies Co. (YMTC) that leads China's NAND industry, recently suggested in a media interview that the company would be able to mass-produce 64-layer 3D NAND flashes by the end of the year."We have a mass production plan in place," Che
The average salary of registered executives at listed affiliates of South Korea's 10 biggest conglomerates was 13.6 times higher than that of their employees last year. The average salary for 301 registered executives at 94 listed affiliates of the top 10 business groups in terms of assets, excl
The auto insurance loss ratio of the South Korean non-life insurance industry is expected to continue an upward curve this year. The industry recorded a deficit of some 700 billion won (US$615.66 million) in the auto insurance business last year; the trend is likely to continue this year as well.The
With 5G services set to begin in Europe next month, LG Electronics and Oppo of China are likely to compete to roll out the first 5G smartphone in Europe. LG Electronics plans to boost its market share in Europe by launching the V50 ThinQ next month.Switzerland's state-owned mobile carrier Swissc