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NEWS TAGGED SOUTH KOREA
Friday 29 December 2023
Samsung and SK Hynix could benefit from US investigation into semiconductor supply chain
The US Department of Commerce (DOC) has announced an investigation into the semiconductor supply chain and the national defense industrial base. An analysis by the South Korean securities...
Friday 29 December 2023
Samsung-owned Harman expected to reach over KRW1 trillion operating profits in 2023
In 2016, Samsung Electronics purchased Harman International, a US-based audio electronics company, at US$8 billion. Seven years later, Harman will likely see its operating profits...
Friday 29 December 2023
BOE invests in IT OLED first, but LGD is well-prepared for competition
Recently, Chinese panel manufacturer BOE announced that it plans to invest CNY63 billion (approx. US$8.8 billion) to construct an 8th-gen IT OLED production line. This has stirred...
Wednesday 27 December 2023
AI tech patents: semiconductor equipment giants dominate, South Korean firms trail
As the global semiconductor equipment industry races to boost production efficiency, the infusion of AI into its processes has become the new norm. Yet, a rising worry within South...
Tuesday 26 December 2023
AI PCs seen as key to driving DRAM and NAND market revival
With the successive release of new AI PCs equipped with artificial intelligence (AI) capabilities, the South Korean industry believes this trend will boost market demand for not only...
Monday 25 December 2023
Slower EV growth expected to impact South Korean battery material suppliers' financial performance
South Korea-based battery material companies like EcoProBM, Posco Future M, and L&F will likely see their profitability weaken as EV market growth decelerates and battery raw...
Monday 25 December 2023
Samsung unveils dual-track development for OLEDoS and LEDoS
Earlier reports of Samsung Group's dual-track development for OLED on Silicon (OLEDoS) and LED on Silicon (LEDoS) have been confirmed recently, as top executives within the group...
Friday 22 December 2023
Samsung's semiconductor employee bonus payment hits new low
Seeing a decline in business in 2023, Samsung Electronics decided to cut the bonus payments for its employees this year. From getting 100% or 50% of their salary as a bonus, Samsung's...
Friday 22 December 2023
Hyundai Motor will halt two South Korean parts factories amid EV push
Hyundai Motor continues to review its assets in the transition to EVs. The automaker plans to stop operations at its two engine parts plants in South Korea and is considering outsourcing...
Friday 22 December 2023
South Korea optimistic about recovery in memory, panel, and PC in 2024
Recently, optimism has been growing in the South Korean industry regarding the economic situation and market outlook for 2024. Besides semiconductors, markets like displays, home...
Thursday 21 December 2023
LGD increase capital by KRW1.36 trillion to bet on OLED
LG Display (LGD), which has experienced six consecutive quarters of losses, has announced a capital increase with consideration of KRW1.36 trillion (approx. US$1.04 billion) to secure...
Wednesday 20 December 2023
Tesla charging connector attracts 28 automakers as Volkswagen joins the crowd
Tesla's North American Charging Standard (NACS) has won over most leading carmakers after the Volkswagen group said several of its brands will adopt the charging connector in North...
Wednesday 20 December 2023
'On-device AI' to boost profitability and fuel turnaround for NAND Flash
With generative AI fueling the DRAM market, on-device AI is expected to boost the profit performance of NAND Flash. Recent analyses also estimated that the second half of 2024 will...
Tuesday 19 December 2023
LG set to showcase transparent automotive antenna at CES 2024
LG Electronics, having strengthened its investment in the automotive business, is set to showcase a new generation of transparent automotive antennas at CES 2024. The company's entry...
Tuesday 19 December 2023
Samsung targets CXL dominance amid HBM competition
SK Hynix currently holds a dominant position in high-bandwidth memory (HBM). However, Samsung Electronics is eyeing the next competitive frontier-- the new-generation memory technology,...