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The Korea Herald

Tech

April 22, 2024
LG Innotek earns Edison silver for mobile zoom camera

LG Innotek has clinched a silver Edison Award for its ultra-thin optical telephoto zoom camera module for smartphones, marking its second consecutive Edison win, the company said Sunday. The module, which allows for 3x to 5x magnification, brings what the company describes as near-DSLR-quality opt...
April 19, 2024
SK hynix joins with TSMC to produce High Bandwidth Memory 4

SK hynix is joining hands with TSMC, the world’s top foundry, to develop High Bandwidth Memory 4 and cutting-edge packaging technology, the company said on Friday. Under the partnership agreement, the two sides plan to proceed with the development of HBM4, the sixth-generation model of the advanc...
April 19, 2024
LG CNS teams up with Yonsei University to nurture AI specialists

South Korean IT solutions provider LG CNS announced Friday that it has partnered with Yonsei University to establish a new Master's degree program dedicated to nurturing intelligent data and optimization specialists. During the signing ceremony on Thursday, LG CNS Chief Executive Officer Hyun Shin...
April 19, 2024
LG Electronics raises $800 million bond for R&D, facilities investments

South Korea's tech giant LG Electronics said Friday it has successfully raised a total of $800 million in a dollar bond deal. The bonds, denominated in US dollars, were issued in two tranches: a three-year bond worth $500 million and a five-year sustainability bond totaling $300 million, according...
April 19, 2024
SK hynix joins hands with TSMC in strengthening HBM capabilities

South Korean chipmaker SK hynix said Friday it has set up a strategic partnership with Taiwan Semiconductor Manufacturing Company (TSMC) aimed at bolstering its capabilities in producing premium high bandwidth memory (HBM) chips and advanced packaging technologies. Under the memorandum of understa...
April 18, 2024
SK hynix chief underscores chip cooperation between Korea, US

SK hynix Chief Executive Officer Kwak Noh-jung underscored the importance of cooperation between South Korea and the US, warning that it is "dangerous" to concentrate semiconductor supply chains in any one region, during his visit to Washington. Speaking at the “Chips for America: Execute for Glo...
April 18, 2024
LG Electronics-SM Entertainment JV, Fitness Candy, to be liquidated

Fitness Candy, a fitness tech joint venture between South Korean tech giant LG Electronics and K-pop powerhouse SM Entertainment, said Thursday it will be liquidated some two years after its creation. The decision came after its shareholders approved the dissolution of the company and the beginnin...
April 17, 2024
Samsung develops fastest DRAM chip optimzied for ondevice AI

By Jo He-rim ( herim@heraldcorp.com ) The Korea Herald
April 17, 2024
LG sets W1tr sales goal for built-in appliances by 2027

LG Electronics unveiled the ambitious target of 1 trillion won ($722 million) in sales solely from built-in appliances by 2027 at this year’s Milan Design Week, one of the largest international design and furniture exhibitions. “Within three years, we will be able to make our built-in (appliance...
April 17, 2024
Samsung CEO bets big on connectivity to take on Apple

Samsung Electronics Vice Chairman and co-CEO Han Jong-hee said its home appliance division, backed by enhanced connectivity with mobile devices, will enjoy its heyday in the second half of this year, showing confidence in the competition with its powerful rival Apple. “We may not yet be the No. 1...
April 17, 2024
Samsung Electronics develops industry-first LPDDR5X DRAM

Samsung Electronics, the world's largest memory chipmaker, said Wednesday it has developed the industry's first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI applications. The new chip supports the industry's highest performance of up to 10.7 gigabits-per-se...
April 17, 2024
World IT Show 2024 kicks off in Seoul

World IT Show 2024, the largest information and communications technology exhibition in South Korea, kicked off Wednesday in Seoul to showcase cutting-edge technologies of local and global companies, its organizer said. The three-day event is themed on "Innovation in everyday life, created by arti...
April 16, 2024
Line Next redefines digital market in Web3 era

On Dosi, however, digital products are grouped into specific categories that are most in-demand by users, including limited-edition memberships, special discounts, game items, exclusive content and access to private events related to the arts, sports and entertainment. Users can make mobile paymen...
April 16, 2024
SK hynix sees 30% surge in market cap in Q1

South Korea’s total market cap increased by nearly 100 trillion won ($72 billion) during the first quarter of this year, backed by jumps in stock prices in key industries, including semiconductors, data showed Tuesday. According to a report from local corporate tracker Korea CXO Institute, the co...
April 16, 2024
SK Group emerges as second-most-valuable conglomerate

SK Group, South Korea's chip-to-battery conglomerate, emerged as the second-most-valuable conglomerate after Samsung Group in the Korean stock markets at the end of March, a corporate data firm said Tuesday. SK Group's emergence was helped by a sharp increase in the value of its chip-making affili...

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EDITOR'S PICKS

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
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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