Samsung Electronics has emerged victorious in a lawsuit over memory semiconductor module patents against Netlist, a U.S. semiconductor company. Netlist, headquartered in Irvine, California, was founded by Hong Chun-gi, a former employee of LG Semiconductor.According to foreign media and industry sou
SPC Group’s bakery brand, Paris Baguette, announced on April 2 the opening of its 20th store in Singapore, located at Square 2.The new Singapore Square 2 store is situated on the first floor of the Square 2 shopping mall, which is connected to Novena Station. The Square 2 shopping mall is a complex
Korea Institute of Energy Technology (KENTECH) has established an MOU with Olin College of Engineering (Olin College) to facilitate joint research and education. The MOU was signed online on March 18, 2024, by KENTECH Acting President Chinho Park and Olin College Provost and Dean of Faculty AI Sacco
It is forecast that private investment in the field of biopharmaceuticals will reach 17.7 trillion won by 2030. To facilitate this, the government plans to allocate a budget of 2.1 trillion won for research and development (R&D), workforce training, and other initiatives to act as a facilitator.On A
The Coder is poised to make a significant impact at the EMEA Security 2024 conference and exhibition in London, scheduled for April 23-24, 2024. The company is set to present its groundbreaking 'Data on Things' (DOT) technology, which promises to revolutionize the way data is embedded into objects f
Despite Chinese online shopping platforms like AliExpress, Temu, and Shein entering the South Korean market with competitively priced products, a survey reveals low satisfaction levels among domestic consumers.On April 1, the Korea Chamber of Commerce and Industry conducted a survey of 800 consumers
SK hynix announced on April 1 that it has developed the semiconductor industry’s first neon gas recycling technology in collaboration with the domestic specialty gas company TEMC. This achievement comes just over a year after starting the development of recycling technology with a domestic material,
Samsung Electronics and LG Electronics are both making strides in the smart factory sector.According to market research firm MarketsandMarkets on March 31, the global smart factory and automation industry market size is expected to grow from US$86 billion in 2022 to US$140.9 billion by 2027. Markets
Huawei released its 2023 Annual Report today. The company reports that its performance was in line with forecast, having generated CNY704.2 billion in revenue and CNY87 billion in net profits. Throughout the past year, Huawei's ICT infrastructure business remained solid, and its consumer business me
As the polarization of wages between employees of large and small companies has become a big social issue amid concerns about low growth, attention has been focused on the wages of those at large companies rising rapidly every year.The Korea Enterprises Federation (KEF) has sent out recommendation l
Lotte Group has revealed its determination to achieve operational efficiency through selection and concentration and to enhance corporate value by restructuring its business structure.At the 57th regular shareholders’ meeting of Lotte Holdings held at Lotte World Tower in the Songpa district of Seou
Pacifico Energy Korea has signed a Co-Existence Agreement to accelerate the development of the company’s Myeong Ryang Offshore Wind Project with the Seogeocha Island Offshore Wind Promotion Committee, which comprises of residents of Seogeocha Island located in Jindo County, South Jeolla Province. Wi
The AI semiconductor market, currently concentrated on Nvidia and High Bandwidth Memory (HBM), is expected to diversify into DRAM and other areas moving forward.On March 28, Kwon Seok-jun, a professor in the School of Chemical Engineering at Sungkyunkwan University, participated in the 2024 ACE Semi
Samsung Display Executive Director Jung Seok-woo announced plans to expedite the production of RGB-based micro OLEDs at the OLED Korea conference held at the K Hotel in Seoul on March 28.During his presentation on the Development Strategy for AR/VR in Future Displays, Jung emphasized the collaborati
An analysis by the World Wildlife Fund (WWF) suggests that the average person ingests as many as 5 grams of microplastics weekly – that’s the equivalent of eating a whole credit card. While the exact effects of plastics on human health are still relatively unknown, the World Health Organization (WHO
Artificial Intelligence (AI), deep partner collaboration, and building a strong ecosystem foundation were championed as next-level growth engines to new opportunities in industry digitisation at the recent Huawei Cloud APAC Partner Connection Summit 2024.Huawei Cloud Asia Pacific hosted approximatel
South Korean fashion company ShinWon Corporation (CEO: JJ Park) held an ESG Management Vision Declaration Ceremony to establish a mid-to long-term plan for ESG (environmental, social, and governance) and advance as a sustainable company.Through the declaration ceremony, ShinWon aims to publicly anno
Japan has committed to developing and exporting a next-generation fighter jet by 2035 in collaboration with the United Kingdom and Italy.On March 26, Japan decided to relax the “Three Principles on Transfer of Defense Equipment and Technology” during a Cabinet meeting, thereby approving the export o
Jo Seong-jin, CEO of LG Electronics, announced on March 26 that the company is seeking investment opportunities in adjacent industries, revealing plans for mergers and acquisitions.During the regular general shareholders’ meeting held at the LG Twin Towers in Yeouido, Seoul, CEO Jo stated, “After an
SK on, a leading global electric vehicle battery manufacturer, announced today it signed a memorandum of understanding (MoU) with the Italian luxury sports carmaker Ferrari to reinforce partnership and lead innovation in cell technology.SK on Chief Executive Officer Lee Seok-hee, Ferrari Chief Execu