Korea keeps China at bay in large OLED race

Samsung Display is on course to overtake LG Display in the mid-to-large OLED market by revenue in the third quarter, taking the lead for the first time as Korean manufacturers hold onto a display segment Chinese competitors have yet to break into. Its share is projected to reach 48 percent against LG Display's 47 percent this quarter, widening to 50 percent against LG's 45 percent in the fourth. Together the two Korean firms hold about 95 percent of the mid-to-large market — panels for laptops a

2026-07-21 15:07:46:00

Samsung sets up CEO-led robotics division to reach market

Samsung Electronics said Tuesday it has created a robotics business division that reports directly to its chief executive, pulling together talent and technology from across the company as it moves to turn robots into a commercial business. The new RX (Robotics eXperience) business division puts one unit in charge of work that Samsung had until now handled separately, from long-term strategy to commercialization. CEO Roh Tae-moon, who runs the company's Device eXperience division, will lead the

2026-07-21 11:53:47:00

Samsung, SK hynix push new memory layer as AI outgrows HBM alone

Samsung Electronics and SK hynix are moving to commercialize a new class of memory that adds an extra layer to artificial intelligence systems as the industry hits the limits of simply stacking more high-bandwidth memory next to the chips that need it. Both companies are developing products based on the newest generation of Compute Express Link, or CXL, a standard that connects processors and memory over the common PCIe interface. It slots in between conventional DRAM and solid-state storage, of

2026-07-20 15:19:08:00

SK chief warns AI memory shortage could turn geopolitical

SK Group Chairman Chey Tae-won said the global shortage of AI memory chips is severe enough that foreign governments have started intervening on behalf of their own industries, and warned that Seoul is likely to face similar pressure. He separately argued that SK hynix needs to accelerate capacity expansion at home and abroad, describing today's memory prices as "abnormal" and warning that sustained high prices would invite new competitors and geopolitical retaliation. "Building where we can, as

2026-07-19 17:05:58:00

Samsung supplies HVAC to Saudi mosques in B2B push

Samsung Electronics said Sunday it is supplying more than 1,000 ceiling-mounted air conditioners to about 100 mosques across eight Saudi cities, including Riyadh, as part of the company's push into commercial HVAC projects in the Middle East. The units are Samsung's "360 Cassette" system, which the company says is the first ceiling cassette to use a circular rather than square design. According to Samsung, the outdoor units are engineered to maintain cooling performance in ambient temperatures a

2026-07-19 11:00:00:00

How a K-pop translation app became Big Tech's data supplier

In July 2013, with "Gangnam Style" past a billion views on YouTube and still climbing, Psy sent his global followers to a tiny Seoul startup: "Use flitto.com to read my tweets in your own language." Flitto was then a small Seoul-based translation app built around K-pop fans translating celebrity posts for reward points. K-pop gave the young service a ready-made global community. Thirteen years later, the app is a Kosdaq-listed AI language data company whose largest customers are US technology gi

2026-07-19 10:51:18:00

Cars become the next memory chip battleground

The auto industry is emerging as the memory chip sector's next major growth market. The three companies that dominate global supply — Samsung Electronics, SK hynix and Micron Technology — are now moving to claim leadership in a segment whose economics have shifted sharply under AI-driven demand. The scale of memory put into a modern car has started to resemble that of a laptop or desktop computer more than a traditional vehicle. Industry analysts estimate that the infotainment system in Mercedes

2026-07-15 15:21:58:00

LG moves deeper into humanoid supply chain

LG Electronics is filling out its robot-actuator organization from research to sales, opening six mid-career positions as it works toward a 2027 target for supplying the motorized joints that will power other companies' humanoid robots. Actuators are the motorized joint modules that combine a motor, gearing and control electronics to move a humanoid's limbs. They typically account for 40 to 60 percent of a humanoid's total cost, and a single machine can use 30 to more than 50 — which is why comp

2026-07-14 15:26:23:00

SK hynix opens Nasdaq chapter with record $26.5b offering

SK hynix entered the US stock market Friday with a strong trading debut, opening a new channel to global investors after completing a record $26.5 billion share offering. The chipmaker’s American depositary receipts opened at $170 on the Nasdaq, about 14 percent above their $149 offer price. They traded at $175.42 as of 12:05 p.m. in New York, up 17.7 percent from the offering price, after reaching an intraday high of $176.37. The debut gave investors their first public-market measure of demand

2026-07-10 22:53:09:00

What SK hynix’s record Nasdaq listing means for Korea

SK hynix’s Nasdaq debut settled one question quickly: US investors wanted direct access to the Korean memory-chip leader. The chipmaker’s American depositary receipts opened at $170 and closed Friday at $168.01, about 13 percent above the $149 offer price. More than 106 million ADRs changed hands, according to Bloomberg, after the company raised $26.5 billion in the largest US share sale by a foreign company. SK Group Chairman Chey Tae-won called the Nasdaq debut "a truly historical moment" and

2026-07-10 10:36:43:00