A team led by Professor Seo Young-duk of the Department of Chemistry at Ulsan National Institute of Science and Technology (UNIST) announced on June 1 that they have discovered the phenomenon and principle of a sustainable "nanocrystalline bidirectional optical switch."The team has developed the cor
Rapidus, a semiconductor company formed to revive Japan’s semiconductor industry by major Japanese companies including Toyota, Sony, and SoftBank, is partnering with IBM in developing 2 nm semiconductor technology, Japan’s NIKKEI (Nihon Keizai Shimbun) reported on May 30.According to the report, Rap
Korean Minister of Economy and Finance Chu Kyung-ho held a bilateral meeting with Japanese Finance Minister Shunichi Suzuki following a meeting of finance ministers and central bank governors from Korea, China, and Japan. This was the first bilateral meeting between the finance ministers of Korea an
The author is an analyst of Shinhan Securities. He can be reached at sokang@shinhan.com -- Ed.1Q23 preview: Update effects and cost reductionDevsisters is expected to have recorded operating income of KRW49.6bn(-18.3% YoY, +1.2% QoQ) and operating loss of KRW6.1bn (TR YoY, RR QoQ, operating margin o
KT announced on March 27 that quantum internet technology was approved as an international standardization project in a meeting of the Study Group 13 (SG 13) of the International Telecommunication Union (ITU)’s Telecommunications Standardization Sector (ITU-T) held in Geneva, Switzerland from March
The National Intelligence Service is about to initiate screening and authorization procedures regarding quantum cryptography communications products. This means the world’s first commercial quantum cryptography communications are around the corner in South Korea.The first products to be covered by t
While the world TV market was hit hard by a global economic downturn, Samsung Electronics re-entered the organic light-emitting diode (OLED) TV market after 10 years. This has made the OLED TV market a new battleground in the greater premium TV market.According to industry sources on March 7, Samsun
SK Telecom will showcase a next-generation security chip that integrates a quantum random number generation function and a cryptographic communication function at Mobile World Congress (MWC) 2023, the world's largest mobile communication exhibition.SK Telecom announced on Feb. 20 that it has rel
Samsung Electronics launched a new organic light emitting diode (OLED) TV in the Korean market for the first time in 10 years, declaring a duel with LG Electronics.The company announced on Feb. 20 that it has started to receive pre-orders for new 2023 TV models such as Neo QLED and OLED TVs. Prior t
The South Korean government announced on Feb. 20 that a data center building project would be launched in April for better utilization of domestically developed and produced AI chips and the project would lay the foundation for innovative AI services comparable to ChatGPT.It also announced that the
Samsung Electronics and Nanoco Technologies recently announced that they have ended their lawsuit regarding five quantum dot patents. Samsung Electronics is supposed to pay US$150 million to the U.K. company.Nanoco Technologies filed the suit in 2020 with the U.S. District Court for the Eastern Dist
As the Korean government has designated next-generation display technologies as a national strategic technology, making display makers eligible for expanded tax credits on investment in R&D and facilities, attention is focusing on whether the move will catalyze a rebound in the Korean display indust
Samsung Electronics had 8,513 utility patents registered in the United States last year and the number was close to that of the previous year. The number of LG Electronics increased 5 percent to 4,580 and the company came in third.Samsung Electronics rose to the top by beating IBM, whose number drop
LS Group announced on Jan. 8 that group chairman Koo Ja-eun attended CES 2023 in Las Vegas of the United States with executives and employees from the group's major affiliates for two days on Dec. 6 and 7.Koo was accompanied by Myung Roh-hyun, CEO of LS Corp., Koo Bon-kyu, CEO of LS Cable & Syst
Samsung Electronics and LG Electronics will face off in the organic light emitting diode (OLED) monitor market. They have begun to use OLED panels for high-performance gaming monitors.LG Electronics launched a new OLED gaming monitor, starting to expand its market share. The product uses an OLED pan
SK Telecom (SKT) announced on Nov. 29 that it has signed a memorandum of understanding (MOU) with Asia's leading communications technology group, Singtel, to jointly grow the metaverse business in countries where Singtel operates, starting with Singapore.Under the MOU, Singtel will share its bus
Samsung Display is expected to ramp up its production of quantum dot (QD)-organic light emitting diode (OLED) display panels from 30,000 sheets per month now to 40,000 sheets next year."The company's production yield of QD-OLED display panels increased to 85% in the first half of this year, show
LG Electronics signed a business agreement with LG U+ and Crypto Lab, a startup specializing in encryption technology, on Oct. 4 to develop post-quantum cryptography (PQC) for automotive electronic components.The goal of post-quantum cryptography, also called quantum-resistant cryptography, is to de
The Korean government has presented a blueprint to make Korea a major digital powerhouse by 2027. It plans to usher in the 6G era in 2026 ahead of other countries and become the No. 1 country in the world in terms of digital infrastructure. This is a policy roadmap to realize the so-called New York
SK Telecom announced on Sept. 13 that it has commercialized post-quantum cryptography (PQC) for global virtual private network (VPN) services.PQC is an encryption technology that uses a complex mathematical algorithm that takes a very long time to solve, even with a quantum computer.The company has