Following its supply of a 27-inch Organic Light Emitting Diode (OLED) display to Hyundai Motor’s Genesis last year, LG Display recently secured an order for a large Liquid Crystal Display (LCD) from a foreign premium automaker. This display, being the longest among the automotive displays produced b
U.S.-based semiconductor company Intel has declared a counteroffensive in the AI semiconductor market led by Nvidia. Intel plans to create an open platform for AI development that rivals Nvidia’s semiconductors and AI development platform, aiming to form a new alliance system. For this purpose, Inte
With China dominating the large-sized Liquid Crystal Display (LCD) panel market, it has now firmly set its sights on expanding its territory in the ultra-large TV market. This move is putting pressure on the pursuit by Samsung Electronics and LG Electronics.According to market research firm Omdia on
Minister Ahn Deok-geun of the Ministry of Trade, Industry and Energy is embarking on a trip to the United States ahead of the announcement of the nuclear power plant operator selection in the Czech Republic.The U.S. court has dismissed the lawsuit filed by Westinghouse against Korea Hydro & Nuclear
LG Electronics is speeding up its efforts to enhance its semiconductor capabilities as it battles with Samsung Electronics for dominance in the AI home appliance market.On April 10, LG Electronics announced plans to expand its home appliance-specific on-device AI chip, DQ-C, to 46 models across 8 pr
Amid astronomical subsidies being poured into the semiconductor industry by countries like the United States and Japan, the South Korean government has decided to explore domestic investment incentives. There’s speculation that discussions on ‘semiconductor subsidy cash support’ could materialize, g
Thanks to the rise in TSMC’s stock price, the market capitalization gap between the Taiwanese and South Korean stock markets has widened to its largest extent in at least 21 years since 2003.According to Bloomberg, the market capitalization of the Taiwan Stock Exchange Capitalization Weighted Stock
The proportion of foreign investors in the KOSPI market has risen back to the 35 percent range. With expectations of a recovery in the semiconductor industry, a key focus of the government’s “Corporate Value-Up Program,” foreign investors are seen actively opening their wallets.According to the Kore
Lee Boo-jin, CEO of Hotel Shilla, is selling her 5,247,140 shares of Samsung Electronics through off-hours bulk trading, commonly known as block deals. The CEO has consistently been divesting stakes in Samsung Electronics and its affiliates to secure funds for hefty inheritance tax payments.Accordin
Samsung Electronics’ largest labor union opposed wage negotiation issues has secured the right to go on strike backed by overwhelming support in a member vote, sowing the seed of the first strike in the company’s history.On April 8, Samsung Electronics’ largest union, the Nationwide Samsung Electron
Shinhan Securities has announced that the proportion of overseas stocks in accounts held by minor investors recorded 20.6 percent as of March 27, which is significantly higher than the proportion in accounts held by all individual investors, which stands at 7.6 percent.The proportion of overseas sto
Foreign investors are shedding their holdings in secondary stocks in each industry and concentrating on the top stocks. With the resurgence of confidence in the semiconductor sector, they are buying both the top and secondary stocks in the semiconductor industry, but their interest seems to be focus
TSMC, the world’s largest foundry company based in Taiwan, is set to receive up to US$11.6 billion (15.73 trillion won) in subsidies and loan support for the construction of its plant in Arizona in the U.S.On April 8 (local time), the U.S. Department of Commerce announced a preliminary agreement to
A new “subscription service” by LG Electronics is gaining attention as the new paradigm of future home appliances.LG Electronics’ subscription service allows for a wide range of choices from large home appliances such as washing machines, air conditioners, and TVs to taste-oriented appliances like S
SK hynix has announced it will begin mass production of its 6th generation (1c) 10nm (nanometer) class DRAM within the third quarter of this year, positioning itself ahead of Samsung Electronics, which has plans for mass production by the end of the year.Industry insiders revealed on April 8 that SK
Samsung Electronics plans to increase its semiconductor investment in Taylor, Texas, to US$44 billion, as reported by The Wall Street Journal (WSJ) on the April 5 (local time). Two years ago, Samsung announced a US$17 billion investment in the same area to build a state-of-the-art semiconductor manu
With the global surge in artificial intelligence (AI) prompting major tech companies like Apple to consider incorporating next-generation glass substrates in semiconductor processes, South Korean conglomerates including SKC, Samsung Electro-Mechanics, and LG Innotek have joined the fray, heralding a
Governor Eric J. Holcomb, Secretary of Commerce David Rosenberg and Purdue University President Mung Chiang joined federal partners and executives of South Korea-based SK hynix Inc., the world’s leading producer of High-Bandwidth Memory (HBM) chips, today as the company announced plans to establish
As the announcement of Samsung Electronics’ preliminary results for the first quarter of the year approaches, the success of the Galaxy S24 series, highlighted by its artificial intelligence (AI) features, is raising expectations for the company’s performance.According to market research firm Counte
LG Electronics emphasized its commitment to leading the global AI home appliance market by applying its proprietary AI chip, developed for the implementation of “empathetic intelligence,” to its major products. This move is seen as a direct response to Samsung Electronics’ vision to lead the AI home