80% of young Korean workers turn to AI for solutions: report

A recent report showed that artificial intelligence technology is a go-to tool in the workplace for an overwhelming majority of young adults in South Korea, who favor AI at a far greater rate than their counterparts in other countries. Samsung Electronics released "The 2024 AI-Preneur Effect" looking into how Gen Z is using cutting-edge technology to boost their careers, and it showed 80 percent of young people in Korea are dependent on AI as a go-to resource. Following the Koreans wer

Aug. 27, 2024

Samsung, Qualcomm team up for car chips

Samsung Electronics, the world's No. 1 memory chipmaker, said Tuesday that it has partnered with US chip giant Qualcomm Technologies to produce advanced chips for diverse automotive solutions. The Korean tech giant said its latest automotive LPDDR4X memory has been successfully qualified for use with Qualcomm’s Snapdragon Digital Chassis. The product is set to be applied in premium in-vehicle infotainment and advanced driver-assistance systems. Samsung’s automotive LPDDR4X quali

Aug. 27, 2024

[Photo News] Samsung fosters tech talent

A student makes device components as part of a polymechanics task in the 59th National Skills Competition at Kumoh Technical High School in Gumi, North Gyeongsang Province, Monday. Samsung Group has been providing 250 million won ($188,000) every year since 2007 to sponsor the annual event aimed at fostering young talent. The conglomerate has so far hired 1,600 high school graduates who showed excellent performance at the competition in affiliates including Samsung Electronics and Samsung Displa

Aug. 26, 2024

[Photo News] LG Tech Fair

LG Electronics Science Park President Park Il-pyung speaks during the opening of Spark 2024, LG's festival combining culture and tech, at LG Science Park in Seoul on Monday. The company kicked off the three-week event with its first LG Tech Fair, bringing together tech experts from eight LG affiliates including LG Electronics, LG Chem and LG Energy Solution, and others to discuss future technologies and share insights. (LG Corp.)

Aug. 26, 2024

Samsung Electro-Mechanics to boost sales of high-end chip substrates

Samsung Electro-Mechanics, the electronic parts manufacturing affiliate of Samsung Electronics, said Sunday it will ramp up the sales portion of high-end flip chip ball grid array (FCBGA) substrates for servers and artificial intelligence to over 50 percent by 2026. FCBGA is a semiconductor package substrate applied to high-performance semiconductors, such as central processing units and graphic processing units for servers and PCs. It can be used in various applications requiring high-performan

Aug. 25, 2024

[Photo News] Art meets high-tech at Samsung’s TV exhibition

Samsung Electronics kicked off an exhibition Friday that features a 10-meter art wall displaying contemporary works of art on its QLED TVs. "Bazaar Exhibition: Under/Stand with Samsung The Frame" is a collaborative event the tech giant is hosting in partnership with the fashion magazine Harper’s Bazaar. The show will run at Process Itaewon in Seoul through Sep. 14. The exhibition suggests new ways of enjoying artwork through The Frame, Samsung's lifestyle series mid-range QL

Aug. 23, 2024

Korea unveils trade roadmap to tackle protectionism in mega election year

South Korea has set a goal to secure the most extensive free trade agreement network and to establish a risk management system to handle growing geopolitical uncertainties in a "super election" year, the Industry Ministry said Thursday while announcing the country's new trade policy roadmap. In a ministerial meeting on economic affairs, Prime Minister Han Duck-soo and other ministers reviewed the Yoon Suk Yeol administration's trade achievements of the past two years and intr

Aug. 22, 2024

Samsung to widen gap with Chinese rivals with AI TVs

Samsung Electronics said it is confident in maintaining its No. 1 position in the global TV market by widening the gap with Chinese rivals with its advanced artificial intelligence technology. “We believe that AI TVs will be a unique differentiator that other companies do not offer, as it is not just a TV but a platform that can connect various devices customers own,” Yong Seok-woo, president and head of visual display business at Samsung Electronics, said during a press conference i

Aug. 22, 2024

LG Chem leads growth hormone market with award-winning app

LG Chem is leading the nation's growth hormone market with its award-winning mobile app, EuDi. According to the company, EuDi won the iF Design Award 2024 in the user experience category in March. It was the only pharmaceutical company to win the honor among 521 winners since 2021, in an arena traditionally dominated by consumer electronics, telecoms and automotive sectors. Launched in 2019, the EuDi app was designed to streamline daily injections for children and their caregivers. The app

Aug. 22, 2024

Samsung, LG showcase next-gen display tech at IMID

Korea's two top display makers Samsung Display and LG Display have won Display of the Year awards at the International Meeting on Information Display conference that kicked off on Jeju Island Wednesday. Having introduced the world’s first stretchable OLED display in 2017, Samsung unveiled another stretchable panel using the micro-LED technology that boasts the highest resolution and elongation rate among the stretchable products on the market. According to the display maker, the lates

Aug. 21, 2024

Coex to host smart factory trade show in Vietnam next month

The inaugural Automation World Vietnam, a trade show dedicated to smart factory solutions and automation, will be held in Binh Duong Province, north of Vietnam's Ho Chi Minh City, from Sept. 25 to 27, event host Coex said Wednesday. The upcoming event will be the first Automation World expo held outside Korea. AW, hosted by Coex, which operates a convention center under the same name in Seoul, is one of the largest gatherings of the smart factory industry. The Seoul event in March this year

Aug. 21, 2024

[Photo News] Display of the year

LG Display's Meta Technology 2.0, the company's third-generation OLED technology, has been named the "Korea Display of the Year" at this year's International Meeting on Information Display symposium that kicked off its three-day run on Wednesday in Jejudo. The Meta Technology 2.0 enhances the peak brightness of OLED displays by 40 percent to the industry's brightest 3,000 units. (LG Display)

Aug. 21, 2024

Samsung tops global TV sales, closely chased by Chinese rivals

While Samsung Electronics maintained its No. 1 position as a TV-maker in the first half of this year, Chinese rivals seem to be ramping up their game to close the gap. Market tracker Counterpoint Research said Monday that global TV shipments grew in the April-June period for the first time in four quarters, fueled by an Olympics spending spree. It reached 56 million units in the second quarter this year, up 3 percent on-year. Samsung took the largest share of 15 percent of total shipments, but i

Aug. 19, 2024

SK hynix sales more than double in China, US in H1

SK hynix witnessed its sales in China and the US more than double to contribute to an overall growth in revenue in the first half of this year, according to the company’s half-year report Sunday. The world’s second-largest memory chip maker said it logged a total of 28.8 trillion won ($21.26 billion) in sales in the January-June period this year, marking a significant recovery from the 12.3 trillion won the company achieved in the same time last year. In this year's record, 55.4

Aug. 18, 2024

Rebellions, Sapeon Korea merge to challenge Nvidia

Artificial intelligence startup Rebellions and Sapeon Korea officially signed a merger, signaling the birth of the country's first AI unicorn, SK Telecom, Sapeon Korea’s parent company, said Sunday. Rebellions, a fabless chip designer valued at 900 billion won ($664 million), and Sapeon Korea, the AI chip supplier for data centers valued at 550 billion won, have joined hands to carve out a spot in the global AI chip market that is currently dominated by US-based graphic processing uni

Aug. 18, 2024

Chipmakers cut executive pay on lukewarm sales

Top executives of South Korean conglomerates witnessed ups and downs in their paychecks in the first half of the year, with the semiconductors industry suffering the most drastic cuts due to lukewarm earnings, according to their half-year salary reports Wednesday. Samsung Electronics and SK hynix, the nation’s top two chipmakers, are considered among the highest-paying companies here. But their top executives suffered 20 to 30 percent cuts in their compensation amid a global downturn in ch

Aug. 15, 2024

[Photo News] AI boost for Samsung sales

Samsung Electronics said Thursday its artificial intelligence-powered home appliances hit 1.5 million unit sales in the January-July period this year. The Bespoke AI Combo washer-dryer and the Bespoke AI Steam robot cleaner were the two top sellers driving up overall sales. (Samsung Electronics)

Aug. 15, 2024

[Photo News] OLED lights up Vietnam

Media art walls, featuring LG Electronics' latest OLED TVs, are displayed at a shopping center in Vietnam on Wednesday. The media art, themed on intelligence and freedom, is a creation by prominent Vietnamese artist group Fustic Studio. The exhibition comes as part of the Korean tech giant's premium marketing push in Southeast Asia. (LG Electronics)

Aug. 15, 2024

Samsung, LG unveil new OLED tech to widen gap with Chinese runner-ups

The nation's top two display-makers, Samsung Display and LG Display, unveiled Wednesday their latest cutting-edge organic light-emitting diode display technologies involving artificial intelligence and new form factors, in an apparent move to widen the gap with their Chinese runner-ups. At the K-Display Industry trade show taking place in Seoul this week, Korea Display Industry Association Chairman Choi Joo-sun underscored how Korean display-makers will keep ahead of Chinese rivals in the c

Aug. 14, 2024

[Photo News] Home repairing for patriots

Daewoo Construction & Engineering employees join a house repair project for descendants of the nation’s independence fighters in Cheonan, South Chungcheong Province, Tuesday. In partnership with Korea Habitat, the builder has completed a total of 21 housing projects since 2021. (Daewoo E&C)

Aug. 14, 2024