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Samsung, SK hynix on edge as US reconsiders Chips Act awards
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Work hour reform for chipmakers: R&D flexibility or worker exploitation?
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Chip talent shortage crisis reinforced by med school obsession
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Beyond memory: Korea’s next big semiconductor challenge
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LG CNS posts record profit in 2024
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SK hynix workers not satisfied with 1,500% bonus. Why?
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SK Telecom to boast cutting-edge AI innovations at CES
SK Telecom said Tuesday it will showcase its advanced artificial intelligence technologies and services at CES 2025, the world's largest consumer electronics and IT trade show, scheduled to run through Friday in Las Vegas. SK Group’s exhibition space spans about 1,950 square meters and features 32 AI-related innovations, including SK Telecom’s AI data center solutions and a range of AI-driven services. The exhibit also highlights collaborations with global partners. A central theme of SK Telecom
Jan. 7, 2025
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LG CEO unveils strategic partnership with Microsoft at CES
LG Electronics CEO Cho Joo-wan announced a strategic alliance with US IT giant Microsoft on Monday in Las Vegas, a day before the opening of CES 2025, the world's largest consumer electronics and IT trade show. In his presentation, Cho highlighted the evolution of “affectionate intelligence,” describing it as a technology that seamlessly integrates physical and virtual environments to deliver a holistic customer experience. “Affectionate intelligence offers unparalleled customer value by bridgin
Jan. 7, 2025
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LG Innotek to showcase advanced mobility solutions at CES 2025
LG Innotek announced Tuesday that it would showcase its latest advancements in future mobility components and technologies at CES 2025, the world’s largest annual tech exhibition, running through Friday. “This year, we are focusing on innovative mobility solutions that deliver exceptional value to customers. By incorporating storytelling into our presentations, we aim to make our offerings more engaging,” said an LG Innotek official. The company has installed a future vehicle mockup at the cente
Jan. 7, 2025
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Samsung, LG vie for AI leadership at CES
SK joins world's largest tech show to beef up US presence Korea Herald correspondent LAS VEGAS – South Korean tech giants Samsung Electronics and LG Electronics kicked off CES 2025 on Monday by unveiling their innovative visions for smart homes, introducing groundbreaking connectivity systems to transform how people interact with and optimize their living spaces. Samsung, which has set up the largest booth at the consumer-focused tech show spanning 3,368 square meters at the Las Vegas Convention
Jan. 6, 2025
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Korean tech giants offer glimpse into AI-driven homes at CES 2025
Samsung, LG focus on connectivity, smart home; Keen interest in SK chief's possible meet-up with Nvidia CEO South Korean tech giants are set to showcase their latest artificial intelligence innovations at this year's CES, the world's largest tech show, scheduled for Jan. 7-10 in Las Vegas, US. The event, organized under the theme, "Connect. Solve. Discover. DIVE IN," will feature about 4,500 companies from 160 countries, marking about 30 percent increase in participation when compared to 2024. S
Jan. 5, 2025
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Chips drive Korea's record exports in 2024
South Korea has posted record-high exports of $683.8 billion in 2024, thanks to robust shipment of chips, the Trade Ministry said Wednesday. The country also achieved a trade surplus of $51.8 billion for the year, marking a turnaround from the deficits of the two previous years. The export figure slightly missed the yearly target of $700 billion in outbound shipments, but it surpassed the all-time high of $683.6 billion recorded in 2022, the Ministry of Trade, Industry and Energy said. “This yea
Jan. 1, 2025
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Samsung SmartThings users surpass 20m in Korea
Samsung Electronics announced Monday that the number of SmartThings users in South Korea surpassed 20 million this week, driven by rapid growth in sales of AI-powered home appliances and ongoing upgrades to the SmartThings app. SmartThings, Samsung’s internet of things platform, allows users to control home appliances and devices via their smartphones, offering personalized notifications and advanced automation features to streamline daily routines. Samsung explained that the vast majority of AI
Dec. 30, 2024
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SK hynix secures $458m subsidy for US advanced chip packaging facility
SK hynix, the world’s second-largest memory chip maker, has finalized a deal with the US government to secure direct funding of up to $458 million for building its advanced chip packaging plant in the US, safeguarding the grant ahead of President-elect Donald Trump's second term. As the US Commerce Department finalizes chip grants for all four major chip manufacturers, including SK hynix, attention now shifts to when the crosstown rival Samsung Electronics will also complete the deal
Dec. 20, 2024
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Korean chipmakers weigh options as Kioxia goes public
Kioxia Holdings, the world’s third-largest NAND flash memory chip-maker, made its market debut this week, drawing much attention from Korean rivals amid the evolving competition in the chip market driven by the era of artificial intelligence. Kioxia debuted on the Tokyo Stock Exchange's Prime Market on Wednesday, closing its first trading day 10 percent higher than the offering price. Its market cap stood at 863 billion yen ($5.62 billion). The initial public offering is expected to p
Dec. 19, 2024
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LG Electronics CEO says working on strategic 'playbook' to navigate uncertainties in 2025
LG Electronics CEO Cho Joo-wan urged employees on Wednesday to embrace a mindset of "preparing for the worst and hoping for the best" to navigate a new year marked by uncertainties. During the year-end talk with employees, dubbed "CEO Fun Talk," Cho shared detailed insights into anticipated changes in the global business environment for 2025, amid intensifying global competition and supply chain issues. "A crisis is a combination of risk and opportunity. In times of cris
Dec. 18, 2024