The newly appointed CEO, Lee Hak-jae, is set to propel Incheon International Airport’s logistics services into a new era. His leadership promises to infuse fresh vitality into the airport’s logistics operations and fulfill his vision of establishing Incheon as a global logistics hub.Born in 1964, Pr
Samsung Electronics, Nvidia, Qualcomm, and TSMC are engaged in a fierce competition to dominate the autonomous driving semiconductor market. Recently, automotive companies such as Hyundai Motor and Tesla have also entered the fray, developing their own autonomous driving chips. The reason for this i
The government has designated seven specialized complexes for the nation’s advanced strategic industries such as semiconductors, secondary batteries, and displays. In addition to this, five specialized complexes for materials, parts and equipment have also been newly designated to focus on five othe
Samsung Electro-Mechanics announced on July 16 that it has started mass production of power inductors, essential parts for electric and self-driving cars. These power inductors will be installed in the cameras of electric vehicles equipped with autonomous driving systems.This is the first time that
Samsung Electronics announced on July 13 that it has begun mass production of an in-vehicle infotainment (IVI) Universal Flash Storage (UFS) 3.1 memory solution boasting the industry’s lowest power consumption.The new product improves power consumption by about 33% compared to the previous generatio
Chung Eui-sun, chairman of Hyundai Motor Group, took a tour of Intel’s European manufacturing process with a view to internalizing vehicle semiconductor technology.According to Hyundai Motor Group on July 9, Chairman Chung visited Intel’s Ireland Campus located in Leixlip, Kildare County, Ireland on
The author is an analyst for NH Investment & Securities. He can be reached at jack.baek@nhqv.com -- Ed.i3system’s cooled-type infrared sensor technology has reached the highest global level. As a result, the company has booked increased orders from domestic defense industry players and achieved reco
Samsung Electronics, which has been focusing on the automotive semiconductor market, has announced its entry into the next-generation power semiconductor market. Accordingly, industry insiders are paying attention to whether the era of silicon semiconductors will come to an end and the market for ne
Global customers have been lining up to buy Nvidia’s graphics processing units (GPUs), but tight supply has sent prices soaring. GPUs are the brains of generative artificial intelligence (AI) programs like ChatGPT. Nvidia commands more than 90 percent of the global GPU market for AI.The recent rapid
Park Ji-won, vice chairman of Doosan Group, attended Automatica 2023 held in Munich, Germany on June 28 (local time), ahead of Doosan Robotics’ initial public offering (IPO).Automatica is the largest robotics and automation technology solutions exhibition in Europe, where companies related to roboti
CJ Logistics, a leading innovative technology company in Korea, has announced a strategic partnership with the Korea Ocean Business Corporation (KOBC) to construct large-scale logistics centers in the United States through a public-private collaboration. With a total investment of approximately $457
Samsung Electronics will develop automotive semiconductors in tandem with software developer Wind River. Wind River is an affiliate of U.S. autonomous driving technology developer Aptiv, which has a partnership with Hyundai.According to industry sources on June 27, Samsung Electronics will use Wind
Hyundai Mobis is set to launch a rollable display for vehicles within three years, a world-first technology developed by the company.Choi Jin-yeong, the head of Hyundai Mobis Infotainment Display Center, met with reporters after the 2023 Media Tech Day held at the R&D Center in Yongin, Gyeonggi Prov
The global automotive industry is fiercely competing for control over vehicular software operating systems (OS). Notably, Hyundai Motor and Kia are expanding their territories by securing 10 million global users in the realm of connected car services, a cornerstone of the Software-Defined Vehicle (S
Twelve corporate venture capital (CVC) firms have been established over a period of one and a half years after the government allowed holding companies to hold corporate venture capital (CVC). These CVCs have invested more than 200 billion won (US$154 million) in Korean venture startups.According to
Jim Keller, CEO of Tenstorrent and considered a living legend in the semiconductor industry, will visit the Samsung Foundry Forum 2023 in late June in San Jose, California. Keller’s recent chip development collaboration with LG Electronics has lead to an increase in his contacts with Korean companie
SK hynix announced today that it has received the automotive ASPICE1 Level 2 certification, marking the first case that a Korean semiconductor company wins the recognition.The certification, essential for automotive NAND solution products, is expected to lead to an increased supply and stronger prof
The world's first four-wheeled robot that can freely climb stairs, a drone managing Lotte World Tower, the tallest building in Korea, and an AI-based music service platform are all products of startups that Hyundai Motor Group has invested in.The Hyundai Motor Group announced on June 15 that it
Mr. A, a former Samsung employee who worked at Samsung Electronics’ semiconductor division for 18 years and even served as a vice president at SK hynix, stole design data on a semiconductor plant, a trade secret and Korea’s core national technology. He planned to build a replica plant 1.5 kilometers
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.Due to both a general macro-economic slowdown and a lack of innovation in existing IT devices, consumers opting not to replace their existing IT devices will inevitably stunt future sector growth.