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SK Hynix Begins Mass Production of Latest HBM3E Chips

SK Hynix Begins Mass Production of Latest HBM3E Chips

SEOUL, Mar. 19 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Tuesday it has started mass production of the latest high band width memory (HBM) chips, solidifying its leadership position in the high-performance artificial intelligence (AI) memory semiconductor sector. It came seven months after the company announced the development of the fifth-generation HBM3E [...]

DGIST President Vows to Grow DGIST as World-leading Research Univ.

DGIST President Vows to Grow DGIST as World-leading Research Univ.

DAEGU, Mar. 19 (Korea Bizwire) — South Korea stands as an outstanding force in the global chipmaking arena, led by industry giants like Samsung Electronics Co. and SK hynix Inc., leaders in memory chip manufacturing. South Korea’s semiconductor exports amounted to US$99.7 billion last year, accounting for some 16 percent of the country’s overall overseas [...]

Samsung and LG Trade Barbs Over Market Share and Product Features

Samsung and LG Trade Barbs Over Market Share and Product Features

SEOUL, Mar. 18 (Korea Bizwire) – With Samsung Electronics and LG Electronics unveiling their new flagship TV lineups and premium all-in-one washer-dryer combos for 2024, the fierce rivals have engaged in an increasingly acrimonious marketing battle, taking thinly veiled shots at each other’s claims of superiority.  The dispute began when Han Jong-hee, the CEO of Samsung’s [...]

Arms Agency Signs 330 Bln-won Deal with LIG Nex1 to Develop Long-range Ship-to-air Missile

Arms Agency Signs 330 Bln-won Deal with LIG Nex1 to Develop Long-range Ship-to-air Missile

SEOUL, Mar. 15 (Korea Bizwire) — The state arms procurement agency said Friday it has signed a 330.6 billion-won (US$250 million) contract with local defense company LIG Nex1 Co. for the development of a long-range ship-to-air missile by 2030. The two sides signed the deal Thursday for the air defense weapon to be equipped on [...]

LG Electronics Launches New Initiative to Engage with Generation Z

LG Electronics Launches New Initiative to Engage with Generation Z

SEOUL, Mar. 15 (Korea Bizwire) – In a move to better understand and incorporate the perspectives of future consumers, LG Electronics has announced the launch of the fourth iteration of its ‘LG Crew’ program. Held in Seoul’s Yeongdeungpo district at the Ground220 venue, the inauguration ceremony of the LG Crew’s fourth cohort took place on March [...]

Samsung Salaries Dip, Top Execs Secure Big Payouts Amid Chip Slump

Samsung Salaries Dip, Top Execs Secure Big Payouts Amid Chip Slump

SEOUL, Mar. 14 (Korea Bizwire) – In the face of a challenging semiconductor market last year, Samsung Electronics employees experienced a significant reduction in their average annual salaries, with a reported decrease of over 10% from the previous year. Kim Ki-nam, an advisor at Samsung, emerged as the top earner, receiving a compensation package exceeding 17.2 [...]

Tech Titans Samsung and LG Escalate Robotics Race with Major Investments and R&D

Tech Titans Samsung and LG Escalate Robotics Race with Major Investments and R&D

SEOUL, Mar. 13 (Korea Bizwire) – Amid the rapidly growing global robotics market, fueled by advancements in Artificial Intelligence (AI) and Information and Communication Technology (ICT), tech giants Samsung Electronics and LG Electronics are ramping up their investments and research and development efforts. The robotics sector, which integrates various fields such as AI, semiconductors, optics, telecommunications, [...]

Cuba-South Korea Diplomatic Ties Open New Doors for HD Hyundai Heavy Industries

Cuba-South Korea Diplomatic Ties Open New Doors for HD Hyundai Heavy Industries

SEOUL, Mar. 11 (Korea Bizwire) – The recent establishment of diplomatic relations between Cuba and South Korea, marking Cuba as the 193rd country to formalize ties with Seoul, has been welcomed by HD Hyundai Heavy Industries. About two decades ago, in the absence of diplomatic relations, the company played a pivotal role in opening economic [...]

South Korea Embarks on Comprehensive Plan to Support AI Autonomous Manufacturing

South Korea Embarks on Comprehensive Plan to Support AI Autonomous Manufacturing

SEJONG, Mar. 8 (Korea Bizwire) – Amid intense global competition, particularly from the United States and China, in the utilization of Artificial Intelligence (AI) in the manufacturing sector, the South Korean government has initiated a comprehensive plan to systematically support the transition of private companies to AI autonomous manufacturing.  During a meeting held in Seoul on [...]

Seoul Court Upholds Injunction to Keep SK Hynix Official from Moving to Micron

Seoul Court Upholds Injunction to Keep SK Hynix Official from Moving to Micron

SEOUL, Mar. 7 (Korea Bizwire) — South Korean semiconductor powerhouse SK hynix Inc. has won a non-compete injunction against a former researcher who left to work for its U.S. chipmaking rival Micron Technology Inc., sources said Thursday, amid an intensifying race for cutting-edge artificial intelligence (AI) chips. Last month, a Seoul court granted an injunction [...]