SEOUL, April 4 (Korea Bizwire) — Ahead of the announcement of preliminary first-quarter earnings results scheduled to be released on Friday, Samsung Electronics Co. is under close watch to see whether its stance on production cutbacks will change. Previously, the world’s largest memory chip maker dismissed the possibility of artificial production cuts. But there are [...]
SEOUL, April 3 (Korea Bizwire) — Concerns are growing among South Korean companies over the potential abuse of ChatGPT and the risk of confidential information leakage. Samsung Electronics Co.’s Device eXperience (DX) division, which handles mobile devices and appliances, currently conducting a survey of its employees regarding the use of ChatGPT. The survey includes questions [...]
SEOUL, April 3 (Korea Bizwire) — South Korea’s two major tech giants pulled a prank for a bit of fun on April Fools’ Day. Samsung Electronics Co. on Saturday posted on its website that it had released the Galaxy S23 Bow-Wow Edition, the world’s first smartphone designed exclusively for dogs. This cream-colored smartphone can diagnose [...]
SEOUL, April 3 (Korea Bizwire) — South Korean display maker LG Display Co. on Friday announced that it would delay its investment in a large OLED production facility to March 2028 from the original date of March 31. The primary factor behind this decision is the sluggish market demand that has resulted from the global [...]
SEOUL, April 2 (Korea Bizwire) — Large companies listed on the South Korean main KOSPI bourse will be required to begin issuing key regulatory filings in English next year, the country’s financial and stock exchange regulators said Sunday. According to the Financial Services Commission (FSC) and the Korea Exchange, companies with at least 10 trillion [...]
SEOUL, April 2 (Korea Bizwire) — The first-quarter earnings outlook for South Korea’s major companies, including the world’s leading chipmakers Samsung Electronics Co. and SK hynix Inc., remains grim due mainly to sluggish global demand, an analysis of industry data showed Sunday. According to securities firms’ forecasts compiled by Yonhap Infomax, Samsung Electronics is projected [...]
SEOUL, March 31 (Korea Bizwire) — The exposure of toddlers to smartphones and digital media undermines their social development, a study showed Thursday. A research team from Hallym University Dongtan Sacred Heart Hospital interviewed parents of 96 toddlers who had received medical treatment for delays in social development and those with 101 toddlers without social [...]
GOYANG, March 30 (Korea Bizwire) — Carmakers have ramped up their electrification plans at the Seoul Mobility Show as countries move faster toward a zero-emission future amid global warming. Car manufacturers, including sports car brands like Porsche, are filling their portfolios with more electric vehicles (EVs) to survive the upcoming era of electrification. Under new [...]
SEOUL, March 30 (Korea Bizwire) — The Constitutional Court has ruled against a family registration law that practically bars biological fathers from registering the birth of children they have in extramarital relations with married women, legal sources said Thursday. The court recently delivered the ruling in a unanimous decision on a petition filed against Articles [...]
SEOUL, March 30 (Korea Bizwire) — A South Korean research team has developed a new smartphone app that can check the change in the amount of urine produced by analyzing the sound of urination. A joint research team from the Seoul National University Bundang Hospital and the Hallym University Sacred Heart Hospital announced on Wednesday [...]