Articles by Jo He-rim
Jo He-rim
herim@heraldcorp.com-
Samsung bolsters ties with Qualcomm, Google to deter Apple
Samsung Electronics, the world’s largest smartphone maker by shipments, is bolstering ties with global tech giants Qualcomm and Google to build the next-generation extended reality ecosystem, as its archrival Apple, which tops in revenue, is expected to launch a mixed reality headset this year. At the annual unpacking event showcasing the new Galaxy S23 smartphone series, Roh Tae-moon, Samsung Electronics' president and head of mobile experience, appeared together with Qualcomm Presid
Industry Feb. 2, 2023
-
SK hynix, hit with first operating loss in decade, to cut spending
South Korean memory chipmaker SK hynix reiterated Wednesday its plan to halve investment and reduce production of low-profit products this year, as the company witnessed a sharp drop in profit amid severe slump in the global chip market. “Revenues continued to grow last year, but the operating profit decreased compared with a year earlier as the industry entered into a downturn from the second half,” SK’s Chief Financial Officer Kim Woo-hyun said during an earnings call for the
Industry Feb. 1, 2023
-
Samsung defies chip price slump, vows to continue investment
Despite witnessing a sharp drop in chip profits, Samsung Electronics said it will not scale back its output and spending in 2023, bucking the trend of cost-cutting among its global rivals. "The deteriorated business environment is not so favorable for our performance for now, but we believe it is also an opportunity where we can thoroughly prepare for the future," the company said Tuesday in the earnings call for the fourth quarter of 2022. The company added that its capital expenditur
Industry Jan. 31, 2023
-
LG Innotek aims high with new chip substrate plant
LG Innotek said Monday it will ramp up development of its flip chip ball grid array packages, or high-density package substrates to secure a top position in the market. "FC-BGA is a sector LG Innotek can excel in, as the company has been leading the global substrate material market with its unrivaled technology and productivity," said LG Innotek's president and CEO, Jeong Cheol-dong. "We will create differentiated customer value so the company can lead the global FC-BGA marke
Industry Jan. 30, 2023
-
[Newsmaker] Why is Samsung starting a legal fight against smartphone repair shops in US?
Samsung Display has recently filed a complaint against 17 smartphone repair shops in the US over their use of “illegal” panels that it says infringed its highly sophisticated OLED patents, according to industry sources Monday. The display-making unit of Samsung Electronics is a market leader making almost 70 percent of OLED panels used in high-end mobile devices, including Samsung Galaxy and Apple iPhone smartphones. Sources say the company seems determined to offer no leniency for
Industry Jan. 30, 2023
-
Samsung hires ex-Ericsson execs to boost network business
South Korean tech giant Samsung Electronics has hired two experts from Swedish telco Ericsson to reinforce its network business. According to industry sources on Sunday, Samsung recently established a task force under its network business division to oversee a new business strategy. For the task force chief, the company hired Henrik Jansson, formerly the strategic sourcing manager for Ericsson. The company also recruited Jo Mi-sun who served as the head of sustainability and corporate responsibi
Industry Jan. 29, 2023
-
Samsung SDS posts record revenue on upbeat cloud sales
South Korean IT solutions provider Samsung SDS logged a record sales of 17.2 trillion won ($14 billion) in 2022 that was driven by an expansion in its cloud business, the firm said Thursday. In a regulatory filing, the company said its annual sales in 2022 saw a growth of 26 percent when compared to the previous year. It also posted an operating profit of 916.1 billion won. In the fourth quarter of 2022, the company garnered 4.25 trillion won in sales and an operating profit of 187.5 billion won
Industry Jan. 26, 2023
-
SK hynix develops world’s fastest DRAM for mobile devices
South Korean chipmaker SK hynix said Wednesday it has developed the world’s fastest mobile DRAM chips that have already been delivered to customers. The new product, named Lower Power Data Rate 5 Turbo, or LPDDR5T, operates at a data rate of 9.6 gigabits per second, 13 percent faster than the previous generation the company rolled out last November. According to the world's second-largest memory chipmaker, the low-power memory chip for mobile devices such as smartphones and tablet
Industry Jan. 25, 2023
-
Daewoo E&C opens construction education center in Nigeria
South Korean builder Daewoo E&C said Friday it opened an education school to train experts in welding and scaffolding, as part of its social outreach project. The center launched training programs for welding and scaffolding, the two skills that are large in demand in Nigeria, Daewoo E&C said. The welding program began on Jan. 11, and it aims to foster 100 welders in six seasons, with each season lasting for three months. The scaffolding program also began on Monday. Those who complete t
Industry Jan. 20, 2023
-
Vestas to invest $300m in Korea on Yoon’s visit
DAVOS, Switzerland -- Vestas announced plans to invest $300 million in Korea at a ceremony held Wednesday at a hotel in Davos, Switzerland, with President Yoon Suk Yeol attending, according to the presidential office Thursday. Yoon attended the investment declaration ceremony of wind turbine manufacturer Vestas in Switzerland. Vestas is a Danish company that ranks first in the world in terms of wind power installation. Vestas plans to establish a large-scale turbine parts production plant in K
Foreign Affairs Jan. 19, 2023
-
[KH Explains] How soon will microLED replace OLED?
Micro light-emitting diode, or microLED, has become a buzzword in tech, as Apple -- the world’s largest consumer electronics company by revenue -- is reportedly working to use the sophisticated display technology in upcoming Apple Watches while reducing the use of organic light-emitting diode displays, whose key suppliers are South Korea’s Samsung and LG. In recent years, OLED has been increasingly used in high-end TVs, smartphones and wearable devices to offer better picture quality
Industry Jan. 18, 2023
-
Samsung unveils new high-end image sensor for smartphones
Samsung Electronics unveiled Tuesday its latest 200-megapixel image sensor, the Isocell HP2, with significantly improved resolution and upgraded picture quality for premium smartphones. The new image sensor packs 200 million 0.6-micrometer pixels in a 1/1.3-inch optical format, a sensor size that is widely used in 108MP main smartphone cameras, according to Samsung. This enables the latest high-end smartphones to create higher resolutions, while minimizing the camera bumps on the devices. &ldquo
Industry Jan. 17, 2023
-
Chaebol leaders join Yoon's trip to UAE, WEF
Top executives of Samsung, SK and Hyundai are accompanying South Korean President Yoon Suk Yeol on his state visit to the United Arab Emirates as well as to the World Economic Forum, as part of an official business delegation aimed at boosting economic cooperation. Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won and Hyundai Motor Group Chairman Chung Euisun are among the chiefs of 100 South Korean companies making up the business delegation, according to industry source
Industry Jan. 15, 2023
-
[KH Explains] Apple’s move to ditch Korean displays met with skepticism
Having announced its plans to make more chips on its own, Apple, the world’s largest consumer electronics company by revenue, is now reportedly seeking to use its own displays whose supplies are heavily reliant on South Korea’s Samsung Display and LG Display. Bloomberg reported Wednesday that Apple is planning to start using its own micro light-emitting diode displays on its smartwatches as early as the end of 2024, possibly with the aim to reduce its reliance on Korea-made displays.
Industry Jan. 12, 2023
-
[From the Scene] Samsung spurring innovation from Silicon Valley
SAN JOSE, California -- At the heart of Silicon Valley, home to world's largest tech giants, stands a landmark 10-story building in the shape of a three-layer stack of NAND flash memory chips. The symbolic building is the headquarters of Samsung Electronics Device Solutions America, which oversees the production of semiconductors in the United States -- a market that takes up more than half of the global chip demand. Opening the US headquarters to Korean media on Saturday, Sue Kim, the he
Industry Jan. 11, 2023
Most Popular
-
1
Blinken calls on China to press N. Korea to end its 'dangerous' behavior
-
2
New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
-
3
Tensions heighten ahead of first president-opposition chief meeting
-
4
Seoul to provide housing subsidy to married couples with newborns
-
5
[Weekender] How DDP emerged as an icon of Seoul
-
6
Rapper jailed after public street fight with another rapper
-
7
Doctor group's incoming head renews call for govt. to scrap medical school quota hike for dialogue
-
8
Woman gets suspended term for injuring boyfriend with knife
-
9
[KH Explains] No more 'Michael' at Kakao Games
-
10
NewJeans pops out ‘Bubble Gum’ video amid troubles at agency