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
Samsung Electronics has emerged victorious in a lawsuit over memory semiconductor module patents against Netlist, a U.S. semiconductor company. Netlist, headquartered in Irvine, California, was founded by Hong Chun-gi, a former employee of LG Semiconductor.According to foreign media and industry sou
As Taiwan, located on the “Ring of Fire” in the Pacific Ocean, faces its strongest earthquake since the “921 Earthquake” of 1999, concerns about the spread of the damage are growing.Taiwan, a leading nation in advanced semiconductor production, is in the spotlight due to production disruptions at TS
Hyundai Steel is moving up the operational start date of its dedicated steel sheet processing plant for electric vehicles in the United States to September.According to industry sources on April 2, Hyundai Motor Company is advancing the start of its dedicated electric vehicle factory (HMGMA) in Geor
Hanwha Group’s acquisition of Australian defense company Austal has hit a snag. The challenge arose because Austal indicated that obtaining approval for the acquisition from Australian and U.S. authorities would be difficult, effectively rejecting the proposal.According to Reuters on April 1 (local
Samsung Electronics is set to reveal its “dream memory,” three-dimensional (3D) DRAM, in 2025, marking a first in the semiconductor industry. The move is seen as Samsung reigniting its “technology gap” in the high bandwidth memory (HBM) market where it has previously lost ground to SK hynix.Accordin
Korea’s secondary battery exports were in a slump with the steepest downward curve among the 15 major items in the first quarter of this year, down more than 20 percent. However, the Korean government expects the slump to be a temporary one due to a plunge in raw material prices, and secondary batte
The global automotive industry is at a crossroads with respect to supplying advanced semiconductors for autonomous driving. There are two options. One is to purchase and equip high-performance system-on-chip (SoC) semiconductors from Nvidia, which has a virtual monopoly on Level 3 and higher autonom
In the first quarter of this year, the declaration amount for foreign direct investment (FDI) has once again set a new record, marking the highest figure to date. Significant increases in investments in advanced manufacturing sectors, particularly centered around China and Japan, are expected to con
The second factory of Ultium Cells, a joint venture between LG Energy Solution and General Motors (GM) for electric vehicle batteries, has commenced commercial operations. LG Energy Solution has decided to continue proactive investments, particularly in North America, as part of its strategy to soli
OCI Holdings has begun reconsidering the expansion of its North American solar power module production line, which it has promoted as one of its core businesses for the future.According to industry sources, OCI Holdings’ Texas subsidiary Mission Solar Energy has begun to reconsider the expansion of
Korea’s exports jumped by 3.1 percent in March 2024 compared to the same month of 2023. The nation marked the sixth consecutive month of positive exports. Semiconductor exports also hit a 24-month high.The Korean Ministry of Trade, Industry and Energy (MOTIE) announced March export and import statis
It is forecast that private investment in the field of biopharmaceuticals will reach 17.7 trillion won by 2030. To facilitate this, the government plans to allocate a budget of 2.1 trillion won for research and development (R&D), workforce training, and other initiatives to act as a facilitator.On A
SK hynix has successfully attracted trillions of won in funds in its corporate bond demand forecast, achieving a successful fundraising campaign.According to investment banking industry sources on April 1, SK hynix (AA) successfully raised a total of 2.86 trillion won (approximately US$2.11 billion)
The Coder is poised to make a significant impact at the EMEA Security 2024 conference and exhibition in London, scheduled for April 23-24, 2024. The company is set to present its groundbreaking 'Data on Things' (DOT) technology, which promises to revolutionize the way data is embedded into objects f
Despite Chinese online shopping platforms like AliExpress, Temu, and Shein entering the South Korean market with competitively priced products, a survey reveals low satisfaction levels among domestic consumers.On April 1, the Korea Chamber of Commerce and Industry conducted a survey of 800 consumers
Samsung Display saw its market share for smartphone Organic Light-Emitting Diode (OLED) panels fall below 50% for the first time last year, facing intense competition from Chinese manufacturers. The surge in market share for companies like BOE, which have secured exclusive supplies for Chinese smart
In the past 2-3 weeks, a shortage of enterprise solid-state drives (SSDs), a NAND flash memory product, has been observed. This is due to the AI boom and the subsequent construction of data centers by global big tech companies, with a particularly explosive increase in demand for storage devices nee
SK hynix announced on April 1 that it has developed the semiconductor industry’s first neon gas recycling technology in collaboration with the domestic specialty gas company TEMC. This achievement comes just over a year after starting the development of recycling technology with a domestic material,
HD HHI announced on March 29 that it has been selected by Peru’s state-run SIMA Shipyard as a preferred bidder for joint local production of four ships: a 3400-ton frigate, a 2200-ton offshore patrol vessel and two 1500-ton landing ships. They are worth a total of US$462.9 million.HD HHI will design