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LG, Kakao to cooperate on future mobility tech

By Woo Jae-yeonSEOUL, June 22 (Yonhap) -- LG Electronics Inc. said Wednesday it is joining hands with Kakao Mobility Corp., the country's leading taxi-hailing firm, to develop mobility-related technologies and services, as the tech giant has been
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Samsung expected to announce mass production of 3nm chip next week

SEOUL, June 22 (Yonhap) -- Samsung Electronics Co. is expected to announce mass production of 3-nanometer semiconductors next week, sources said Wednesday, beating its foundry rival TSMC in advanced chipmaking process. The next-generation 3nm chips w
(News Focus) S. Korea moves closer to becoming space power with successful satellite launch

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By Woo Jae-yeonSEOUL, June 21 (Yonhap) -- The successful launch of satellites by a homegrown space launch vehicle on Tuesday represents a significant leap for South Korea's space program, illustrating the country's rise as a member of the eli
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Samsung's Lee visits ASML to expand cooperation, secure vital chip equipment

By Woo Jae-yeonSEOUL, June 15 (Yonhap) -- Samsung's de facto leader Lee Jae-yong discussed ways to boost cooperation in the semiconductor business with ASML CEO Peter Wennink, the company said Wednesday.Samsung Electronics Vice Chairman Lee, who
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LG to enter logistics market with robotic tech

SEOUL, June 15 (Yonhap) -- LG Electronics Inc. said Wednesday that it will enter the fast-growing logistics market with its robotic technology as part of efforts to become an automated logistics solutions provider.The tech giant said it will sign a m
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Samsung's Lee meets with Dutch PM Rutte to discuss chip cooperation

SEOUL, June 15 (Yonhap) -- Samsung's de facto leader Lee Jae-yong discussed ways to boost cooperation in the semiconductor industry with Dutch Prime Minister Mark Rutte, the company said Wednesday.Samsung Electronics Vice Chairman Lee, who is cur
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Samsung plans to relocate workers of now-closed TV LCD biz to chip unit

SEOUL, June 14 (Yonhap) -- Samsung Electronics Co. plans to move around 300 workers from its display business' liquid crystal display (LCD) division to the company's semiconductor unit, sources said Tuesday.The plan comes after Samsung Displa
#Ana

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Krafton releases teaser of virtual human ‘Ana’

SEOUL, June 13 (Yonhap) -- Krafton released a teaser image of a virtual human ‘Ana’ created by Unreal Engine’s 3D-based hyper-realism technology on Monday.Ana, the first virtual human of Krafton after
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SK hynix to supply high-end HMB3 DRAM to Nvidia

SEOUL, June 9 (Yonhap) -- SK hynix Inc. said Thursday it has begun mass production of a high-end product known as the world's fastest DRAM and will supply it to American graphics-chip maker Nvidia.It came seven months after the South Korean chipm
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Kakao keeps external payment link in app against Google's new billing policy

SEOUL, June 8 (Yonhap) -- Kakao Corp., operator of South Korea's top mobile messenger KakaoTalk, has kept in place an external payment link in the Android version of the popular messaging software against Google's new in-app payment policy.In
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Samsung expands high-end appliance biz for customized home life

By Woo Jae-yeonSEOUL, June 7 (Yonhap) -- Samsung Electronics Co. on Tuesday unveiled an expanded product line for customized home appliances during the online Bespoke Home 2022 event.The Bespoke Home concept, first introduced in 2019, is the South Ko
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Samsung's de facto leader Lee leaves for Europe for chip biz

SEOUL, June 7 (Yonhap) -- Samsung Electronics Vice Chairman Lee Jae-yong left for Europe on Tuesday on a business trip that is likely to involve a visit to a semiconductor equipment maker in the Netherlands.Lee arrived at Gimpo International Airport
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Samsung's Lee expected to visit ASML this month for chip equipment procurement

By Woo Jae-yeonSEOUL, June 3 (Yonhap) -- Samsung Electronics Vice Chairman Lee Jae-yong will leave for the Netherlands next week, in a business trip widely expected to secure highly advanced chipmaking machines by the Dutch chip equipment maker ASML.
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Trade of computers, peripherals hits new high this year

SEOUL, May 31 (Yonhap) -- South Korea's trade of computers and related goods soared nearly 40 percent to reach a new all-time high in the first four months of the year amid the coronavirus pandemic, data showed Tuesday.The country's exports a
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Medical robot maker Curexo to invest US$3 mln in U.S. robotics firm Harmonic Bionics

SEOUL, May 30 (Yonhap) -- South Korean medical robot maker Curexo Inc. said Monday it has decided to invest US$3 million in U.S. robotic rehabilitation device maker Harmonic Bionics Inc. as part of efforts to tap into the American market.Curexo said
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Samsung likely to hold groundbreaking ceremony for U.S. chip plant next month

SEOUL, May 27 (Yonhap) -- Samsung Electronics Co. is expected to hold a groundbreaking ceremony for a US$17 billion chip fabrication plant in Taylor, Texas, next month, industry sources said Friday.Samsung's Austin office has recently shared the
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(News Focus) Display, electronics makers dealt blow by COVID-19 lockdowns in China

By Woo Jae-yeonSEOUL, May 27 (Yonhap) -- China's sweeping COVID-19 lockdowns are sending a shockwave in the display panel industry by exacerbating supply chain woes and parts procurement problems. In April, global shipments of liquid crystal disp
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S. Korean NAND flash suppliers account for more than half of global market in Q1: report

SEOUL, May 26 (Yonhap) -- Samsung Electronics Co. and SK hynix Inc. took up more than half of the global NAND flash memory chip market in the first quarter, a report showed Thursday, up by more than 8 percent from the previous quarter. Samsung, the w
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(2nd LD) Samsung to invest 450 tln won in chip, bio industries for next 5 years

(ATTN: ADDS more details in 3rd para, last 6 paras, photo)By Woo Jae-yeonSEOUL, May 24 (Yonhap) -- Samsung Electronics Co. said Tuesday it will invest 450 trillion won (US$355 billion) in semiconductor and biopharmaceuticals for the next five years,
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(LEAD) Samsung to invest 450 tln won in chip, bio industries for next 5 years

(ATTN: ADDS more details in paras 4-9, photo)SEOUL, May 24 (Yonhap) -- Samsung Electronics Co. said Tuesday it will invest 450 trillion won (US$355 billion) in semiconductor and bio science for the next five years, as South Korea's largest compan