SEOUL, Apr. 16 (Korea Bizwire) — Samsung Electronics Co. is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of US$6.4 billion from the U.S. government and its extended investment plan. Under the Biden Administration’s announcement, the South Korean chipmaker was to receive [...]
SEOUL, Apr. 16 (Korea Bizwire) — SK Group, South Korea’s chip-to-battery conglomerate, emerged as the second-most-valuable conglomerate after Samsung Group in the Korean stock markets at the end of March, a corporate data firm said Tuesday. SK Group’s emergence was helped by a sharp increase in the value of its chip-making affiliate, SK hynix Inc., [...]
SEOUL, Apr. 10 (Korea Bizwire) — The antitrust regulator said Wednesday it has decided to order Samsung Electronics Co. to take corrective steps for interfering with the business operations of its authorized retail stores. The tech giant allegedly had demanded that its agencies provide it with their retail price information from January 2017 through September [...]
SEOUL, Apr. 10 (Korea Bizwire) – Samsung Electronics has launched the “Essential” music curation service from NHN Bugs on its smart TV app store, providing a unique audio-visual experience tailored exclusively for Samsung TV users. The “Essential” application offers specially curated playlists that can only be enjoyed on Samsung TVs, accompanied by visually captivating background designs [...]
SEOUL, Apr. 9 (Korea Bizwire) – Samsung Electronics emerged as the most popular stock trading among South Korean minors so far this year, while Tesla and Apple led the charge in overseas equities, according to an analysis by Shinhan Investment Corp. In a review of the top 10 stocks traded by its underage clients from January [...]
SEOUL, Apr. 4 (Korea Bizwire) – In the competitive arena of consumer electronics, South Korean tech behemoths Samsung Electronics and LG Electronics are now embroiled in a high-stakes duel over the future of artificial intelligence (AI) in home appliances. This confrontation extends their historical rivalry beyond the realms of integrated washer-dryers and OLED televisions to the [...]
SEOUL, Apr. 3 (Korea Bizwire) – In a bold move to fortify its Artificial Intelligence (AI) chip development capabilities, Samsung Electronics has set its sights on securing top-tier AI talent, offering base salaries starting at an impressive 500 million won (approximately $420,000). This initiative underscores the tech giant’s commitment to reinforcing its AI semiconductor division amidst [...]
SEOUL, Mar. 27 (Korea Bizwire) – The battle for market dominance between Samsung Electronics and LG Electronics in AI-powered appliances and OLED televisions spilled over into the companies’ annual shareholder meetings this week, as top executives touted their firms’ technological prowess. At LG’s annual meeting on March 26, Cho Joo-wan, the company’s chief executive, emphasized that [...]
SEOUL, Mar. 25 (Korea Bizwire) – Samsung Electronics remained tight-lipped on Wednesday after South Korean authorities recognized birth defects in children of former semiconductor factory workers as work-related injuries, reopening scrutiny over the tech giant’s commitment to employee welfare. The landmark ruling by the Korea Workers’ Compensation and Welfare Service covered three cases where children born [...]
SEOUL, Mar. 22 (Korea Bizwire) – Jensen Huang, the chief executive of Nvidia, made a notable appearance at Samsung Electronics’ booth during the annual GTC 2024 developers’ conference in San Jose, California. There, he left a handwritten signature on Samsung’s upcoming high-bandwidth memory chip, HBM3E, fueling expectations of a stronger partnership between the two companies. On [...]