Samsung breaks ground on FlaktGroup HVAC plant in Gwangju

Samsung Electronics broke ground Monday on a new FlaktGroup heating, ventilation and air-conditioning plant in Gwangju, expanding its capacity to supply cooling systems for artificial intelligence data centers and advanced manufacturing facilities. Samsung will invest about 240 billion won ($179 million) in the 21,800-square-meter production line at the third campus of its Gwangju manufacturing complex. Full-scale operations are scheduled to begin in early 2028. Samsung acquired German HVAC spec

2026-09-21 13:39:22:00

Samsung taps Japan’s fandom market with glasses-free 3D

Samsung Electronics is targeting Japan’s character merchandise and entertainment market with glasses-free 3D displays, seeking to expand its commercial signage business as retailers look for new ways to attract fans and keep them in stores. At Tokyo Game Show 2026 at Makuhari Messe in Chiba, Japan, the South Korean tech company showcased its Spatial Signage displays at NC’s booth, featuring characters from the game developer’s upcoming mobile title, Astrae Oratio. The push taps into Japan’s “osh

2026-09-21 09:00:03:00

Samsung outlines AI, robotics vision at Silicon Valley forum

Samsung Electronics hosted a technology forum in Silicon Valley to share its artificial intelligence and robotics strategy with senior developers from global technology companies, the company said Sunday. About 80 developers and Samsung executives attended the eighth annual forum, held Friday at Samsung Research America in Mountain View, California. Samsung participants included Lee Won-jin, president of the Visual Display Business; Yoon Jang-hyun, president and chief technology officer of the D

2026-09-20 14:47:20:00

Korea reopens military-service alternative for AI talent

South Korea will allow AI researchers to fulfill their military obligations at large corporate laboratories from 2027, reopening a route closed for 14 years. But strict eligibility rules have left companies seeking fewer places, raising questions about the initiative’s reach. Four companies — LG Electronics, Samsung Electronics, Samsung Medison and HD Hyundai Robotics — have been recommended to participate, according to Ministry of Science and ICT data obtained by Rep. Hwang Jung-a of the ruling

2026-09-20 14:37:41:00

LG Innotek taps AI to speed up parts selection, pricing

LG Innotek said Sunday it had deployed an artificial intelligence system that helps engineers identify suitable components, suppliers and estimate prices, cutting the time needed to prepare quotations for new products by more than 70 percent. The company, whose camera modules, semiconductor substrates and automotive components can each contain hundreds of inputs, developed the platform over about two years and recently rolled it out across all business divisions. The Adaptive Component Optimizat

2026-09-20 14:36:45:00

LG chief urges speed, relentless execution in AI race

LG Group Chair Koo Kwang-mo has urged the conglomerate’s top executives to move faster and execute investment plans with greater persistence as artificial intelligence emerges as the defining battleground for future competitiveness. “AI is no longer an area we can approach selectively. It is a central pillar that will determine our future competitiveness,” Koo said. “Our CEOs must act with speed and relentless execution so that we can win in the key AI markets of the future.” Koo made the remark

2026-09-17 17:23:08:00

Korea-US $200b investment deal hits nuclear, funding hurdles

An agreement expected this week concerning South Korea’s $200 billion US investment commitment remains uncertain, as Seoul and Washington seek to resolve differences over nuclear projects, funding schedules and how to share investment risks. Signs of strain emerged when the Industry Ministry postponed a briefing to lawmakers on the first project under the plan, fueling speculation that negotiations had stalled. Foreign Minister Cho Hyun played down concerns about a rift before departing for Wash

2026-09-17 15:26:43:00

SK hynix in talks with Intel over US memory production: Reuters

SK hynix is in talks with Intel over a potential agreement to manufacture memory chips in the US for the first time, Reuters reported Wednesday, citing multiple sources familiar with the discussions. One option would involve SK hynix leasing part of Intel’s long-delayed semiconductor complex in Ohio. Another could see the Korean chipmaker form a venture with Intel and major cloud companies seeking stable memory supplies, according to the report. The discussions remain exploratory, with no decisi

2026-09-16 17:29:34:00

Samsung backs Dutch startup taking on Nvidia in AI inference

Samsung Electronics has co-led a 200 million euro ($231 million) funding round for Dutch startup Euclyd, backing a new chip architecture designed to cut the cost and energy consumption of artificial intelligence inference. Euclyd CEO Bernardo Kastrup told CNBC that Samsung participated in the Series A round alongside Somerset Capital Partners, Innovation Industries and the Scaleup Europe Fund, managed by EQT. Kastrup said Samsung could offer more than capital, pointing to its expertise in memory

2026-09-16 14:20:29:00

50-50 cash-stock bonus deal ends SK hynix pay dispute

SK hynix production workers approved a revised labor agreement Wednesday after the chipmaker increased the cash portion of its profit-sharing bonuses, ending weeks of negotiations without a strike. The agreement received 57.08 percent support in a two-day vote by unions representing production workers at the company’s Icheon and Cheongju plants. Of 16,039 eligible members,15,297 voted, with 8,731 in favor and 6,566 opposed. Under the revised plan, profit-sharing bonuses will be split evenly betw

2026-09-16 14:20:19:00