SK Telecom will partner with Samsung Electronics to develop and commercialize the world's first 5G-based 8K TV services. 8K ultra-high definition (UHD) has the horizontal resolution of 7680 pixels and the vertical resolution of 4320 pixels, four times as many pixels as 4K UHD.SK Telecom plans to

South Korean electronics giant Samsung Electronics Co. and chat giant Kakao Corp. have joined hands to expand the blockchain ecosystem. The two companies will release the so-called “KlaytnPhone” integrating Samsung Electronics’ Galaxy Note 10 and Kakao’s blockchain platform Klaytn.Kakao announced on

Renault Samsung Motors Corp., South Korean unit of French automaker Renault S.A., has begun to receive applications for early retirement.The company receives applications for voluntary early retirement from senior-level employees and executives at the manufacturing department from Sept. 5 to 27. Tho

As the Moon Jae-in government has been pushing for chaebol reforms and strengthening regulations on corporate governance reforms after taking office, the number of cross-holding links among affiliates of conglomerates has decreased sharply. The number of companies subject to regulations designed to

The CEOs of Korea’s three major shipbuilders -- Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries –- are rolling up their sleeves to land orders for LNG carriers.They will attend Gastech 2019, which will run in Houston, the United States, from Sep

Samsung Heavy Industries has been selected as a technical partner in building an icebreaking LNG carrier for the Russia’s Arctic LNG2 Project. As a result, Samsung Heavy Industries has secured a big advantage in landing an order for 15 polar icebreaking LNG carriers that Russia is expected to build

Samsung Electronics took the wraps off the Exynos 980, a 5G mobile processor that integrates a 5G mobile communication chip and a high-performance mobile application processor (AP).This is Samsung's first 5G integrated chip. Samsung Electronics started supplying Exinos 980 samples to customers t

Samsung Securities Co. has joined hands with a foreign pension fund for the first time in the domestic investment banking industry to expand its reach in global infrastructure investment. The company announced on Sept. 4 that it has signed a memorandum of understanding (MOU) on mutual business partn

Samsung Electronics is reportedly developing a second foldable phone with famous designer Thom Browne. Samsung appears to be seeking to expand demand for foldable phones by appealing not only to some early adopters but to consumers interested in fashion.According to Bloomberg, Samsung plans to relea

Samsung Electronics has demonstrated its extreme ultraviolet (EUV) foundry technology, the state-of-the-art technology in the non-memory semiconductor field, to Japanese companies.The company held Samsung Foundry Forum (SFF) 2019 Japan at Intercity Hall in Tokyo on Sept. 4 amid the Japanese governme

Samsung Electronics’ Galaxy Watch Active2 now outsells its previous model by more than two to one during the pre-order period. Its popular models are out of stock. Previously, Xiaomi’s Mi Band 4 was sold out within two rounds of pre-orders. As the market for wearable devices such as watch and wirele

Samsung Electronics and LG Electronics will face off against each other at Korea Energy Show 2019 that will run at the KINTEX, Ilsan near Seoul, from Sept. 3-6.Samsung Electronics will focus on publicizing the “DVM S High Temperature System Air Conditioner Outdoor Unit” which won the “Energy Winner

The Korean government is actively moving behind the scenes to stop a battery war between LG Chem and SK Innovation. LG Chem filed a complaint against SK Innovation with the U.S. International Trade Commission (ITC) in April for encroaching upon its battery trade secrets and SK Innovation recently sa

Samsung Electronics has launched the Galaxy A90 5G, the first Galaxy A series model that supports 5G mobile services.The Galaxy A90 5G features a 6.7-inch Super AMOLED Infiniti-U display and a checkered pattern design on its back.The budget model is loaded with a triple-lens camera which consists of

Silicon Works, a fabless company of LG Group, is considering ways to cooperate with Samsung Electronics. When Samsung Electronics announced the Semiconductor Vision 2030 in late April, it said it would actively support small and medium-sized fabless companies in Korea. Accordingly, Silicon Works is

Micron Technology CEO Sanjay Mehrotra recently visited China and both Samsung Electronics and SK Hynix are feeling uneasy. This is because a closer relationship between Chinese semiconductor companies and Micron Technology, one of the world’s three largest memory chip manufacturers, is likely to adv

Samsung Electronics has begun to use for semiconductor production hydrogen fluoride that a South Korean company supplied based on raw materials imported from China and Taiwan. Hydrogen fluoride is a key element for semiconductor chip production and display cleaning.“We began to use non-Japanese hydr

The Samsung Galaxy Fold will hit the Korean market on Sept. 6 with a price tag of 2,398,000 won (US$1,972). It is the most expensive premium phone ever released -- over 1 million won (US$822) more expensive than its flagship Galaxy Note 10 series which retails at 1,248,500 won (US$1,027).The Galaxy

The management and employees of Hyundai Motor Co. finished this year’s wage negotiations without a strike for the first time in eight years.“The ongoing trade disputes between South Korea and Japan arose during the negotiations, hanging heavy on us,” said the union, adding, “If we had staged an all-

The domestic car market remains frozen. The combined domestic sales of the five domestic automakers – Hyundai Motor, Kia Motors, Ssangyong Motor, Renault Samsung, and GM Korea – reached 118,479 units in August, down 6.22 percent from a year before.Hyundai Motor and Kia Motors sold 52,897 and 43,362