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The Korea Herald

Tech

May 20, 2024
XR partnership between LG, Meta falls through

The partnership between LG Electronics and Meta for developing an extended reality device has fallen through, as their joint work turned out to be “less-than-anticipated,” according to industry sources Monday. LG Electronics is still expected to launch its XR device next year as planned, and wil...
May 19, 2024
Samsung eyes W1tr in sales of pricey capacitors for cars

Samsung-Electro Mechanics, a leading electronic parts maker affiliated with Samsung Electronics, has set a sales goal of 1 trillion won ($736 million) for its flagship Multi-Layer Ceramic Capacitor or MLCC products this year, strategically targeting the automotive sector. "Leveraging our technolog...
May 19, 2024
Samsung expected to introduce new Exynos processor in next Galaxy series

Samsung Electronics is expected to introduce its new flagship Exynos 2500 mobile processor made with its cutting-edge 3-nanometer process, in the upcoming Galaxy S25 smartphone lineup, according to industry sources on Friday. The envisioned chipset, which will be produced on Samsung Foundry’s sec...
May 16, 2024
LG Electronics strengthens medical robot services

LG Electronics joined hands Hanllym University Sacred Heart Hospital as part of its effort to strengthen medical robot services with its “affectionate intelligence” robot, Cloi, the company said on Wednesday. In an agreement, LG and the hospital agreed to collaborate to discover various scenario...
May 14, 2024
[KH Explains] Naver’s Line dilemma: Lose global footing for cash?

Regardless of the ongoing diplomatic brouhaha, many industry watchers expect Naver to divest its stake in the 50:50 joint venture with SoftBank that controls the Line messenger app and Yahoo Japan. The issue is how much cash it could secure from the stake sale and its business impact in the future...
May 13, 2024
Samsung doubles down on Vietnam

Samsung Electronics has pledged to increase its annual spending in Vietnam to $1 billion as the Southeast Asian country emerges as a strategic base for manufacturing in the region. According to industry sources on Monday, Samsung Electronics Chief Financial Officer Park Hark-kyu on Thursday met wi...
May 13, 2024
SK Telecom to lead AI data center standardization

SK Telecom said Monday that their proposal for standardizing industry-wide technologies for AI data centers has recently been approved as a new research project by a UN telecom agency. The ITU-T, a division of the UN-affiliated International Telecommunication Union, is responsible for studying and...
May 13, 2024
LG Innotek to spur growth in automotive lighting

LG Innotek on Monday renewed its commitment to nurturing the automotive lighting business as its key growth driver. This year marks the 10th anniversary of the commercialization of Nexlide, the parts maker’s flexible three-dimensional lighting brand for vehicles. The module-based lighting product...
May 13, 2024
LG Electronics CEO offers to pay $1m salary to top AI talents

LG Electronics Chief Executive Officer Cho Joo-wan traveled to the US to meet with big tech counterparts and discuss collaboration in artificial intelligence, as well as to secure AI talents, the company said Sunday. Hosting a tech conference in Cupertino, California on Saturday, Cho underscored t...
May 12, 2024
Samsung Electronics microwave tops European market

Samsung Electronics said Sunday that it has retained its top market share position in the microwave market in Europe for the ninth consecutive year. According to market research firm Euromonitor, Samsung Electronics ranked No. 1 with a market share of 15.3 percent in the microwave segment across 1...
May 12, 2024
Chinese Roborock’s rare success on home turf of Samsung, LG

China’s Roborock, the popular robot vacuum cleaner brand, has become a rare success story on the home turf of Samsung Electronics and LG Electronics. Despite the dominance of the two Korean firms in the nation’s home appliance market, when it comes to the burgeoning robot cleaner market, the Chin...
May 09, 2024
LG Display starts sell-off talks for China plant

LG Display has started talks to sell off its last liquid crystal display manufacturing plant in China in an apparent move to focus on consolidating its leadership in the more advanced organic light-emitting diode display market. According to industry sources on Thursday, LG Display is discussing t...
May 09, 2024
Korea projected to outpace Taiwan in chip production by 2032: US report

South Korea is projected to account for nearly 20 percent of global semiconductor production in 2032, reaching an all-time high in output, a US report showed on Thursday. Asia’s fourth-largest economy is predicted to take up 19 percent of global chip production eight years later, according to a r...
May 09, 2024
Pressure mounts on Naver to shed stake in Line

Takeshi Idezawa, CEO of the Tokyo-based LY Corp., the operator of the messaging app Line, said Wednesday that the company has requested its key shareholder Naver to sell stakes in an apparent move to cut the Korean firm’s control over its management. The decision comes as Naver is under growing p...
May 07, 2024
Will China's self-sufficient dream in HBM come true?

With the US imposing strict trade restrictions on China's advanced semiconductors and chipmaking equipment, Beijing has been ramping up efforts to develop home-grown artificial intelligence chips to keep up with the global AI boom. Recently, the Chinese government and chipmakers have been working ...

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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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