SEOUL, Dec. 16 (Korea Bizwire) — South Korea’s major corporations, including Samsung, SK, Hyundai, and LG, are closely monitoring the political and economic fallout following the impeachment of President Yoon Suk-yeol. As the nation grapples with heightened uncertainty, compounded by the anticipated inauguration of Donald Trump’s second U.S. presidency, businesses are taking cautious steps to [...]
SEOUL, Dec. 16 (Korea Bizwire) – President Yoon Suk Yeol’s ambitious industrial agenda, including a focus on nuclear energy, offshore gas development, and semiconductor industry support, faces potential setbacks following his impeachment by the National Assembly on December 14. Industry experts warn that any weakening of government semiconductor support could cause South Korea to miss a crucial [...]
SEOUL, Dec. 5 (Korea Bizwire) — LG Electronics Inc. said Thursday it has teamed up with Ambarella, a U.S. artificial intelligence (AI) semiconductor design company, to introduce an enhanced in-cabin sensing solution featuring driver and vehicle interior space detection technologies. LG Electronics’ driver monitoring system (DMS) will be integrated with Ambarella’s Edge AI System on [...]
SEOUL, Dec. 3 (Korea Bizwire) – Samsung Electronics is facing declining representation in South Korea’s Exchange-Traded Fund (ETF) market, reflecting growing concerns about its position in the semiconductor industry, particularly regarding its competitive stance in High Bandwidth Memory (HBM) and artificial intelligence (AI) chip supply chains. According to financial data provider Yonhap Infomax, as of November [...]
SEOUL, Dec. 2 (Korea Bizwire) — Samsung Electronics Co., a pioneer in the semiconductor industry in South Korea, is facing significant challenges as the global memory market shifts toward artificial intelligence (AI)-focused technologies. The company’s three-decade reign as the world’s leading memory chipmaker is under pressure, largely due to its slower response to the growing [...]
SEOUL, Nov. 29 (Korea Bizwire) – Samsung Electronics is expected to announce a significant reduction in its executive ranks during its upcoming annual leadership reshuffle scheduled for November 29. Among the most notable changes, around 100 executives from the semiconductor division (DS) are set to retire—a move that marks an unprecedented level of departures in [...]
SEOUL, Nov. 28 (Korea Bizwire) – A new report suggests the ASEAN semiconductor industry, traditionally strong in chip packaging, is poised for continued growth as global firms seek to diversify supply chains beyond China amid ongoing U.S.-China competition in the semiconductor sector. The International Trade Research Institute at the Korea International Trade Association reported on November [...]
SEOUL, Nov. 27 (Korea Bizwire) – SK hynix Inc. on Wednesday announced plans to increase dividend payouts by 25 percent per share by 2027 as part of a broader strategy to boost corporate value amid the chipmaker’s rapid growth in the artificial intelligence (AI) chip market. As part of its new shareholder return program, the [...]
SEJONG, Nov. 27 (Korea Bizwire) — South Korea put forward a comprehensive package of support measures for the semiconductor industry Wednesday, with its top economic policymaker highlighting “growing headwinds” amid concerns of potential shifts in U.S. trade policy under the incoming Donald Trump administration and rising competition from Chinese rivals. “The next six months will [...]
SEOUL, Nov. 27 (Korea Bizwire) — Samsung Electronics Co. announced its new leadership Wednesday with a focus on the semiconductor business, in an apparent move to strengthen its future competitiveness in the field. Jun Young-hyun, vice chairman and head of the device solutions division, was named CEO and will also lead the memory business and [...]