The growing call on South Korea to participate in the United States-led chip alliance across East Asia is putting the semiconductor powerhouse, home to Samsung and SK hynix, again in a strategic dilemma. Sitting in the crosshairs of US-China economic warfare, Korea is being pressured to choose a side by joining the new semiconductor alliance of the US, Taiwan and Japan, with Korea making up the ...

S. Korean telecommunications carrier aims to secure 10 million users by 2025

Chip-to-smartphone giant Samsung Electronics said Thursday it has unveiled the industry’s fastest GDDR6-standard memory chips for next-generation graphics cards, using the cutting-edge extreme ultraviolet photolithography process. The newest third-generation 10 nanometer-class GDDR6 DRAM is designed to deliver 30 percent faster processing speeds than its predecessor, as they feature 24 gigabits-...

Global launch of ifland planned in H2

Korea’s flat-panel display industry faces triple whammy of engineer exodus, slimmer profitability and increasing Chinese competition

S. Korean biotech Bertis looks to lead global market in proteomics-based diagnosis solution

MBK Partners has upper hand in negotiating prices of Kakao’s stake in Kakao Mobility, analyst says

SK Group Chairman Chey Tae-won met with Mexico’s top diplomat at the SK headquarters in Seoul on Wednesday, where he stressed that the conglomerate will play an active role in economic cooperation between the two countries. Chey also asked for Mexico’s support of South Korea’s bid to host the 2030 World Expo in Busan. During his meeting with Mexican Secretary of Foreign Affairs Marcelo Ebrard, ...

Samsung Electronics’ extraordinary win streak over the past three quarters is likely to end in the second quarter this year amid growing uncertainties surrounding the war in Ukraine, rising costs and inflation fears. In its earnings guidance released Thursday, the South Korean tech giant projected its operating profits at 14 trillion won ($10.7 billion) for the April-June period, up 11.38 percen...

LG Innotek said Wednesday that it is investing a total of 1.4 trillion won ($1.07 billion) into its local production facilities by 2023 to beef up the production of circuit substrates and camera modules – its key growth drivers. The company signed a memorandum of understanding for the new investment with the local governments of North Gyeongsang Province and its capital city, Gumi, earlier in th...

‘Metaverse office will become the new normal faster than co-working offices were accepted by companies’

LG Innotek said on Tuesday its membership in RE100 has been approved. RE100 is an international campaign launched by nonprofit organization the Climate Group in partnership with Carbon Disclosure Project in 2014. The campaign aims for member businesses that consume more than 100 gigawatt-hours a year to switch to 100 percent renewable electricity sources like wind and solar power by 2050. Some...

South Korea on Tuesday started transporting the country's first lunar orbiter to the United States ahead of next month's launch using a SpaceX rocket, officials said. South Korea plans to launch the Korea Pathfinder Lunar Orbiter, also known as Danuri, aboard the SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida at 8:24 a.m. on Aug. 3 (Korean Time). According to the Mini...

Korean companies rush to develop diagnostic kits for monkeypox

Autonomous patrol cars, new police unit planned to tackle crimes on metaverse, policy outline shows