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The Korea Herald

Tech

July 16, 2024
LG Electronics sets up HVAC tech lab in Frankfurt

LG Electronics said Monday it has opened a new research lab in Frankfurt, Germany dedicated to developing its heating, ventilation and air conditioning (HVAC) technologies, with a focus on providing practical air solutions for the European market. The Frankfurt facility, covering around 1,000 squa...
July 15, 2024
Chinese rivals to take on Samsung with slimmer foldable phones

Sales of the Galaxy Z 6 series are anticipated to surpass 10 million units, the previous model's estimate. Sales of Samsung's latest foldable phones are expected to increase by 30 percent compared to their predecessors, the Flip5 and Fold5, the report showed. In the January-March period, the globa...
July 14, 2024
Samsung chief renews commitment to India

Samsung Electronics Chairman Lee Jae-yong inspected Indian operations in Mumbai over the weekend, following his attendance at the wedding of Anant Ambani, the youngest son of Reliance Industries Chairman Mukesh Ambani, according to the Korean tech giant Sunday. “Let’s make history with a fierce ...
July 12, 2024
Samsung invests in US DNA-sequencing biotech Element Biosciences

Samsung Electronics took part in a $277 million Series D investment for Element Bioscience, a US-based DNA analysis equipment company, to expand its footing in the medical device market, the company said Friday. Element Biosciences, established in 2017 in San Diego, is a life science company that ...
July 12, 2024
[Gadget Review] Galaxy Z Flip6, Fold6 bring AI tech to palm of your hand

A big improvement to the horizontally folding Galaxy Z Fold6 is its portability. When folded, it is only 12.1 millimeters thick, 1.3 millimeters slimmer than its predecessor. It weighs 253 grams, which is just 7 grams more than the Galaxy S24 Ultra. The Galaxy Z Flip6 and Z Fold6 will be released ...
July 11, 2024
LGE, Qualcomm chiefs meet to discuss AI partnership

LG Electronics Chief Executive Officer Cho Joo-wan met with Qualcomm CEO Cristiano Amon on Wednesday to discuss their ongoing collaboration on advanced technology, including on-device artificial intelligence and automotive electronics, according to industry sources. On the second day of his trip t...
July 11, 2024
Samsung unveils slimmer AI-powered foldable phones

Samsung Electronics unveiled its new slimmer and lighter foldable phones -- the Galaxy Z Flip6 and Z Fold6 -- in Paris on Wednesday, betting big on the Olympics fever brewing in the French capital. As the venue for the biggest product launch in the latter half of this year, the Korean tech giant c...
July 10, 2024
LG Chem vows humanitarian support for Indian victims of 2020 gas leak

LG Chem has pledged to increase humanitarian support for villagers affected by the 2020 gas leak accident at its Indian subsidiary LG Polymers. According to the company on Wednesday, its top executives, including Vice Chairman and CEO Shin Hak-cheol and Chief Financial Officer Cha Dong-seok, visit...
July 10, 2024
Texas governor vows full support for Samsung’s expansion in US

Texas Gov. Greg Abbott on Tuesday reiterated his full support for Samsung Electronics to secure a bigger footing in the US, upon his visit to the chip giant’s semiconductor manufacturing plant in Korea. Abbott visited Samsung’s semiconductor campus -- the world's largest semiconductor production...
July 10, 2024
Samsung wins first order for cutting-edge 2 nm turnkey chip solution

Samsung Electronics announced Tuesday it has bagged the first order for its new turnkey semiconductor solutions using the cutting-edge 2-nanometer foundry process from a leading artificial intelligence company in Japan. Holding the Samsung Foundry Forum and Samsung Advanced Foundry Ecosystem Forum...
July 09, 2024
Samsung wins order for cutting-edge 2 nm turnkey chip solution

Samsung Electronics announced Tuesday it has bagged an order for its new turnkey semiconductor solutions using the cutting-edge 2-nanometer foundry process from a leading artificial intelligence company in Japan. Holding the Samsung Foundry Forum and Samsung Advanced Foundry Ecosystem Forum in Seo...
July 09, 2024
Kakao's legal risk intensifies over alleged stock manipulation

Kim Beom-su, the founder of tech giant Kakao Corp., the operator of South Korea's top mobile messenger, was summoned by prosecutors Tuesday to address allegations of stock price manipulation related to Kakao's acquisition of K-pop megacorp SM Entertainment last year. The Financial Investigation Di...
July 09, 2024
Samsung denies report on Olympic edition phone with LVMH

Samsung Electronics denied a report Tuesday that it is launching a special edition phone in collaboration with French luxury giant LVMH during the Galaxy Unpacked event for its new foldable phones held in Paris on Wednesday. A Samsung official said the tech giant is not teaming up with any partner...
July 08, 2024
Samsung workers' union kicks off first-ever strike

Unionized workers of Samsung Electronics launched their first-ever strike Monday, demanding higher pay and warning of potential further action if the country's largest conglomerate does not meet their demands. The National Samsung Electronics Union, the nation's biggest labor union with over 30,00...
July 05, 2024
LG Electronics ups Q2 earnings guidance on robust sales

LG Electronics said Friday it expected its second-quarter earnings to climb more than 60 percent from a year earlier on robust sales of its main home appliance products and balanced qualitative growth of its business-to-business sector. LG estimated that its operating profit for the April-June per...

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Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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