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Samsung to Post Relatively Solid Q1 Earnings Despite Coronavirus Pandemic

Samsung to Post Relatively Solid Q1 Earnings Despite Coronavirus Pandemic

SEOUL, April 3 (Korea Bizwire) — Samsung Electronics Co. is expected to post relatively solid earnings in the first quarter of the year despite the novel coronavirus pandemic, analysts here said Friday, as its chip business is likely to offset losses in the smartphone and consumer electronics sectors. Samsung, the world’s largest memory chip and [...]

Samsung Expects Chip Demand to Grow This Year

Samsung Expects Chip Demand to Grow This Year

SUWON, March 18 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip maker, said Wednesday it expects this year’s chip demand to grow despite concerns over the novel coronavirus pandemic. During an annual shareholder meeting, Kim Ki-nam, who leads Samsung’s device solutions division, said that “external uncertainties” will continue this year but global [...]

Samsung Begins Mass Production of Industry’s Fastest Mobile Storage

Samsung Begins Mass Production of Industry’s Fastest Mobile Storage

SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip and smartphone maker, said Tuesday it has begun mass-producing the industry’s fastest mobile storage. The 512-gigabyte (GB) embedded universal flash storage (eUFS) 3.1 is in mass production for use in flagship smartphones, according to Samsung. The latest product delivers three times [...]

Uncertainty Hangs over S. Korean Chip Exports in March

Uncertainty Hangs over S. Korean Chip Exports in March

SEOUL, March 3 (Korea Bizwire) — Despite a solid recovery a month ago, uncertainty is mounting over South Korea’s semiconductor exports in March due to the global spread of the new coronavirus. The deadly coronavirus outbreak is spreading rapidly in South Korea, Japan, Iran and Europe, dampening both business and consumer sentiment as well as [...]

S. Korea to Spend Big on Next-generation Chip Sector

S. Korea to Spend Big on Next-generation Chip Sector

SEOUL, Jan. 19 (Korea Bizwire) – South Korea said Sunday that it will invest 1 trillion won (US$863 million) in the next 10 years to nurture the next-generation semiconductor sector. According to the science ministry, cutting edge artificial intelligent (AI) and system-on-chip (SoC) technology, low energy consumption, high performance new devices and ultrafine fabrication processing [...]

Samsung to Produce Baidu’s AI Chip

Samsung to Produce Baidu’s AI Chip

SEOUL, Dec. 18 (Korea Bizwire) — Samsung Electronics Co., the world’s No. 1 memory chipmaker, said Wednesday it will mass-produce an artificial intelligence (AI) chip for Chinese web portal operator Baidu Inc. early next year. Samsung will manufacture Baidu KUNLUN, the Chinese internet firm’s first cloud-to-edge AI accelerator, which is to be built on Baidu’s [...]