Samsung to push smartphone volumes despite profit squeeze: mobile chief

Samsung Electronics is doubling down on smartphone volume despite worsening margins, prioritizing market share gains over near-term profit recovery. At an internal management briefing Wednesday, Samsung Electronics co-CEO and Device eXperience head Roh Tae-moon told employees that profitability pressure could persist while memory prices remain elevated, according to industry sources familiar with the meeting. Roh then named "market-share expansion" as a key second-half priority. The bet is to ke

2026-08-20 15:27:35:00

LG CNS deploys robot security guard at Seoul luxury complex

LG CNS will bring a four-legged security robot to Tower Palace, the luxury residential-commercial complex in southern Seoul, marking the first time the company has moved its physical AI platform from factories and warehouses into a residential setting. The IT services and digital transformation arm of LG Group signed an agreement on Wednesday with Tower PMC, a property manager that oversees roughly 100 high-end complexes, including Hannam The Hill, Acro Seoul Forest and Raemian One Bailey. The t

2026-08-20 12:13:52:00

Samsung mobile unit hit by 211% jump in memory prices

Samsung Electronics’ latest filing has put a price on the strain that the global memory shortage is placing on its smartphone business, even as the same market conditions drive record earnings at its semiconductor arm. The average price that Samsung’s Device eXperience division paid for externally sourced mobile memory in the first half rose about 211 percent from the 2025 annual average, according to the company’s half-year report filed Friday. External purchases of mobile memory totaled 5.04 t

2026-08-19 15:30:35:00

LG appliance subscription revenue triples from 2022, hits H1 record

LG Electronics’ appliance subscription business reached a record first-half high this year, with revenue more than tripling from its 2022 level as the company expands the model into large housing projects and overseas markets. Revenue from appliance subscriptions, excluding care services, came to 1.15 trillion won ($820 million) in the January-June period, according to LG Electronics’ half-year report released Friday. That was up 8.2 percent from 1.06 trillion won a year earlier and 3.1 times th

2026-08-19 15:30:03:00

Why Samsung’s Fold8 won by breaking the foldable formula

“I thought it would feel awkward because it looked so short and wide in photos,” said Kwon Ji-hyun, a 35-year-old woman who had bought every Galaxy Z Flip before switching last week to Samsung’s new, wider Fold8. “Just a few days later, I felt the opposite. My husband’s larger, more traditional Fold8 Ultra started to seem like the unusual one.” Kwon is exactly the kind of buyer Samsung’s book-style Fold rarely won over before. She was far from alone. Female Fold buyers in their teens through 30s

2026-08-17 11:03:08:00

CXMT’s DDR5 push gains traction, challenging Samsung’s PC memory lead

China’s top memory chipmaker CXMT is showing signs that its push into mainstream PC memory may be moving from qualification toward repeatable commercial production, as a new Chinese report claims its DDR5 manufacturing yield has surpassed 90 percent while major PC makers begin using its chips in limited volumes. Chinese technology outlet MyDrivers reported Monday that the yield on CXMT’s 17-nanometer-class DDR5 had “surpassed 90 percent,” saying the improvement had “significantly improved overal

2026-08-12 16:47:29:00

Samsung taps US campuses in race for chip expertise

Samsung Electronics is moving more aggressively to turn multiyear ties with US engineering schools into a recruiting pipeline for its semiconductor business, as the company expands advanced-chip capacity and the industry competes for a limited pool of engineers. The company’s Device Solutions division will hold Campus Career Day events at Texas A&M University on Aug. 26, the University of Illinois Urbana-Champaign on Sept. 2 and the University of Wisconsin-Madison on Sept. 4, according to notice

2026-08-11 14:37:40:00

LG Innotek ramps up iPhone 18 Pro camera, AI substrate output

LG Innotek is heading into Apple's September iPhone launch off its best-ever first half, pushing on two fronts: a variable-aperture camera module now ramping up for the iPhone 18 Pro, and a longer-term expansion in the semiconductor substrates used in AI servers. The Korean parts maker is supplying the module for a variable-aperture main camera expected in the iPhone 18 Pro, the first iPhone to use it. Adjustable apertures are standard on conventional camera lenses but new to the iPhone, which h

2026-08-10 14:22:22:00

LX Semicon lands first auto-chip deal with Hyundai, Kia

LX Semicon, South Korea's largest fabless chipmaker, has begun mass-producing its first automotive microcontroller unit and started shipping it to Hyundai Motor and Kia, the company said Monday. The Daejeon-based firm is part of the LX group, which was spun off from LG in 2021, and is best known as a supplier of display driver chips. The chip, called the LX61101, handles an essential job inside the car: Controlling small motors that move things like windows, mirrors and aerodynamic flaps. One ap

2026-08-10 11:20:28:00

Why Samsung’s first AI glasses have no display

"Many companies can make AI glasses. Making something people want to wear every day is a different problem." Choi Jae-in, head of Samsung Electronics' extended reality research and development team, was briefing reporters in London on July 23, a day after the company showed its first Intelligent Eyewear at Galaxy Unpacked. Most of what he emphasized was weight and comfort. Samsung's engineers argued over tenths of a gram. For example, the battery sits near one temple and the sensors and speakers

2026-08-05 15:17:05:00