Samsung Electronics said Tuesday it has developed HBM3E 12H, the industry’s first 12-stack HBM3E DRAM and the highest-capacity HBM product to date, going one step further than its rivals in the burgeoning artificial intelligence chip market. The world's largest memory chip maker said it has begun providing samples of HBM3E 12H to customers, and mass production is slated for the first half of this year. “The industry’s AI service providers are increasingly requiring HBM wit

Industry Feb. 27, 2024

Mark Zuckerberg, CEO of Meta, formerly Facebook, is expected to meet with LG Electronics CEO Cho Joo-wan to discuss joint development of an advanced mixed reality headset, according to industry sources on Monday. LG Electronics said it is currently arranging a meeting of the two leaders, as Zuckerberg is planned to visit Seoul this week. "We are currently arranging the meeting, but nothing has been decided yet," an LG official said. While details of his trip is unknown, the most likely

Industry Feb. 26, 2024

Less than a month has passed since the high-profile debut of Apple Vision Pro, the most advanced augmented reality headset in the market. Despite mixed reviews, Apple's rivals seem keen to make a similar entry into the brand-new segment. Dazzling demonstrations of the Apple Vision Pro made it look like a game changer, allowing the user to pop up their computer screens in the air, and control it with their fingertips and by moving their eyes around. But some users have been seen returning th

Industry Feb. 23, 2024

Korean TV makers Samsung Electronics and LG Electronics cemented their leadership in the global premium TV market in 2023, but they have been warned to gear up for Chinese rivals flooding the market with cheaper products. In the premium sector for TVs priced at higher than $2,500, Korean manufacturers saw notable growth, together taking 79.6 percent of the market share by revenue, according to market tracker Omdia on Thursday. Holding an edge in manufacturing technology for the higher-end TVs, t

Industry Feb. 22, 2024

Samsung Foundry, Samsung Electronics' chip manufacturing arm, is teaming up with the UK's Arm to adopt the firm's design assets for Samsung's most advanced chip-making process technology, Gate-All-Around, which aims to boost the company's edge in the global AI chip sector. Samsung Foundry announced Wednesday that it will deliver the next generation Arm Cortex™-X CPU optimized on its cutting-edge Gaa process technology. The collaboration between the two companies is

Industry Feb. 21, 2024

More than a year has passed since Samsung Electronics Chairman Lee Jae-yong ascended to the company's top seat in 2022, but his board membership continues to hang in the balance amid an ongoing legal dispute. Samsung Electronics held a board of directors meeting Tuesday and fixed the date of the upcoming general shareholders meetings for March 20. During the meeting, the members also appointed Shin Je-yoon, former Financial Services Commission chairman, and Cho Hye-kyung, an applied artific

Industry Feb. 20, 2024

Samsung Display on Monday said its foldable panel for smartphones has passed the US military’s material durability test, proving its strength in withstanding the harsh conditions of operational and combat zones. According to the display maker, its 7-inch foldable panel used in the latest foldable smartphones passed the MIL-STD 810G test, which is the US Department of Defense's military standard. First developed as a certification for equipment and materials for military applications,

Industry Feb. 19, 2024

Korea’s leading telecommunication firms are to showcase their latest artificial intelligence technologies and services at the upcoming MWC Barcelona 2024, the world’s largest connectivity show slated for next week in Spain. The country’s top two mobile carriers SK Telecom and KT revealed their plans Sunday to set up showrooms at this year's event running from Feb. 26 to 29, with exhibitions mainly focused on AI and next-generation 5G and 6G connectivity. LG Uplus, Korea�

Industry Feb. 18, 2024

A tense faceoff between shareholders and Samsung C&T management is expected, as five foreign activist funds have teamed up to demand the Korean firm return its profit to shareholders through dividends and a share buyback program that would amount to some 1.2 trillion won ($900 million). In a regulatory filing on Thursday, Samsung C&T reported it has submitted the proposal made by the five activist funds, which includes City of London Investment, for a vote at the upcoming regular shareholders me

Industry Feb. 15, 2024

SK Group Chairman Chey Tae-won is expected to travel to Germany next week, joining an economic delegation as the head of the Korea Chamber of Commerce and Industry, according to industry sources, Tuesday. Chey will be traveling to Berlin on Feb. 19 to take part in various business forums and gatherings, where business and government officials from Korea and Germany are expected to discuss strengthening collaborative efforts. Chey is also expected to travel to Barcelona, Spain, to attend a globa

Industry Feb. 13, 2024

As the legal charges have been cleared for Samsung Electronics Chairman Lee Jae-yong in a recent ruling, anticipation is growing that the tech giant will now go in search for mega mergers and acquisitions to secure future growth engines at full throttle. The Seoul Central District Court this week acquitted Lee of charges including stock manipulation linked to the merger of two of Samsung affiliates in 2015. In Korean business culture, legal risks surrounding a company's leader are often per

Industry Feb. 8, 2024

Samsung Electronics Chairman Lee Jae-yong took off on a business trip to the Middle East and Southeast Asia shortly following Monday’s court ruling that cleared him of stock manipulation charges in a high-profile 2015 merger deal. According to industry sources on Wednesday, Lee took off to the United Arab Emirates on a private jet on Tuesday to inspect local operations and meet partners there. He is also expected to visit Southeast Asia, including Malaysia, to meet with employees and boost

Industry Feb. 7, 2024

A Seoul court acquitted Samsung Electronics Chairman Lee Jae-yong of all charges related to a 2015 merger fraud case on Monday, clearing the path for the country's biggest tech giant to push forward with investment for future technologies. In the final verdict handed down at 2:55 p.m., judges at the Seoul Central District Court found Lee and 13 other defendants -- former executives of Samsung -- all not guilty. The court dismissed the allegations proposed by prosecutors, who claimed that Lee and

Industry Feb. 5, 2024

More and more artificial intelligence services are becoming available for use in daily life, and one of the breakthrough applications is set to come in real-time translation built into phone calls. In its latest flagship smartphone, the Galaxy S24 series, Samsung Electronics presented its Live Translate feature for the first time. This feature competes directly with SK Telecom's A., a mobile app developed by the mobile carrier to allow iPhone users in Korea to explore real-time translation

Industry Feb. 5, 2024

A Seoul district court is set to deliver a decisive ruling on Monday for Samsung Electronics Chairman Lee Jae-yong over the 2015 merger fraud case, under which he could face a prison term. The Seoul Central District Court will issue its decision on Lee, along with 14 current and former employees of Samsung, on charges of rigging company valuations and accounting fraud connected to the controversial 2015 merger of two Samsung affiliates -- Cheil Industries and Samsung C&T Corp. The final ruli

Industry Feb. 4, 2024