The U.S. government is reportedly set to indefinitely halt restrictions on the export of U.S.-made semiconductor equipment to Samsung Electronics and SK hynix factories in China.The U.S. Commerce Department’s Bureau of Industry and Security (BIS) has been in talks with Samsung Electronics and SK hyn
Samsung Electronics DS Division (Semiconductor) for North America (DSA) has taken the unprecedented step of introducing a three-day office attendance policy to combat the growing semiconductor talent shortage.According to semiconductor industry sources on the 26th, Samsung’s DSA recently implemented
Domestic hedge fund and private equity firm Brain Asset Management has embarked on a US$500 million (675 billion won) pre-IPO investment in SK pharmteco, which involves investing in the company’s equity before it goes public. Following an initial investment of US$300 million (405 billion won), it ha
Ford has decided to suspend the construction of an automotive battery plant in Michigan with Chinese battery maker CATL. Strong opposition from U.S. lawmakers to Chinese companies building battery production facilities in the United States to circumvent the U.S. Inflation Reduction Act (IRA) is the
SK ecoplant, an environmental and energy firm, along with its subsidiary TES, will collaborate with Ascend Elements, an innovative U.S. waste battery recycling company, to establish a waste battery recycling joint venture (JV) in the U.S. and commence the construction of a pre-treatment facility.On
At its "F5G Evolution, Bringing Intelligence Everywhere" Summit held during HUAWEI CONNECT 2023, Huawei shared its F5G application practices with global customers and partners in industries spanning electric power, education, real estate, manufacturing, and healthcare. Furthermore, it launched a var
The operating profit of South Korea’s top 100 companies in the first half of this year showed a significant deterioration compared to the top 100 companies in the United States. In particular, for the two largest companies by market capitalization in both countries, Apple and Samsung Electronics, wh
GS Engineering & Construction’s top management met with Ho Chi Minh City People’s Committee Chairman and Mayor Phan Van Mai, who is currently on a visit to South Korea, to discuss mutual cooperation strategies for development projects in Ho Chi Minh City, Vietnam.GS E&C announced on Sept. 25 that it
The legal team at Hanmi Pharmaceuticals, responsible for legal responses and consultations, has been selected among the Top 15 Best In-House Legal Teams in Asia.The global legal media outlet Asian Legal Business (ALB) annually evaluates legal organizations of companies headquartered in the Asia-Paci
The newly released Huawei Mate 60 Pro is equipped with the self-developed 5G 7 nm Kirin 9000S chip.Despite facing significant sanctions from the U.S. government since 2020, China’s Huawei is alleged to have used semiconductor chips produced by Samsung Electronics, U.S.-based Micron, and Japan-based
SKC will build the world’s largest eco-friendly biodegradable material production facility in Hai Phong City, Vietnam.SKC announced on Sept. 25 that Ecovance, an investor in the biodegradable materials business, has received an investor registration certificate (IRC) from Hai Phong City at the Hai P
SK innovation’s resources development subsidiary SK earthon announced on Sept. 25 that it has started crude oil production from LF 12-3 Field in the 17/03 Block of the South China Sea. The company joined the project in 2015.The 17/03 Block is located about 300 kilometers from Shenzhen, China. It fea
South Korea’s battery industry is on high alert due to the potential designation of companies as “Foreign Entities of Concern” (FEOC) by the United States. If Chinese companies that supply raw materials and substances to Korean firms get listed as FEOCs, it could hinder these firms from receiving th
SK telecom is joining forces with global urban air mobility (UAM) aircraft manufacturer Joby Aviation to commercialize UAM in South Korea.On Sept. 20, at the SK T-Tower, SK telecom revealed that it has signed a cooperation agreement with Joby for the Korean Urban Air Mobility Pilot Project (K-UAM Gr
LG Display announced on Sept. 24 that it has entered mass production of its 17-inch foldable OLED designed for laptops. This product is set to be incorporated into HP’s recently showcased foldable laptop.The panel leverages LG Display’s distinctive technology, the tandem OLED structure, previously a
The finalized and announced “Semiconductor Law Guardrail” regarding China, which could potentially weaken the competitiveness of South Korean semiconductor factories established in China, has failed to incorporate key demands made by the South Korean government and businesses.While some of South Kor
On Sept. 20, President Yoon Suk-yeol proposed the formation of a “Carbon Free Alliance” to the international community during the United Nations General Assembly held in New York. This proposal includes bringing forward Carbon-Free Energy (CFE), which encompasses nuclear power and hydrogen energy, a
Despite the favorable prospects for High Bandwidth Memory (HBM) driven by NVIDIA, concerns are rising as Samsung Electronics and SK hynix continue to experience an upward trend in their inventory assets. The majority of this inventory consists of the older Double Data Rate (DDR) 4, making it challen
SK ecoplant continues to make significant strides in the global energy market as it has joined Korea's first utility-scale offshore wind power project.On September 24, SK ecoplant announced its successful bid for the “offshore wind power transportation and installation project (Foundations T&I Packa
For the first time, foreigners were honored at Shipbuilding and Offshore Day, the 20th anniversary of which was celebrated this year on Sept. 20. The honorees were Komkrit from Thailand who works for Daero ENG, a Samsung Heavy Industries partner, and Sri Lankan national Kumara, a worker of Jiu Indus