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The Korea Herald

Tech

March 27, 2024
SK hynix aims to boost profits with advanced HBM chips

For the company's NAND memory chip business, SK hynix will change its strategy from focusing on market share to improving profitability this year. On the company's plan to build an advanced chip packaging facility in the US, Kwak said it is reviewing several regions, but nothing has been decided y...
March 27, 2024
LG Group to funnel W100tr into future tech, growth drivers by 2028

LG Group said Wednesday it will invest 100 trillion won ($74.4 billion) in South Korea by 2028 to sharpen future technologies and seek new growth drivers. Unveiled at the group's annual shareholders meeting in Seoul, the long- and mid-term investment plan places an emphasis on advancing future tec...
March 26, 2024
LG CEO vows to elevate shareholder benefits

LG Electronics Chief Executive Officer Cho Joo-wan vowed "winning" changes and growth to overcome continuing uncertainties in the business environment at the regular shareholders meeting on Tuesday. Organizing this year's shareholders event under the concept of "openness," the chief came to presen...
March 26, 2024
LG Electronics to increase dividend payout ratio

South Korea's major appliances company LG Electronics said Tuesday it will pay out more dividends to its shareholders in a move to increase shareholder value. At an annual shareholders' meeting in Seoul, CEO Cho Joo-wan announced a new shareholder return policy for the next three years, improving ...
March 25, 2024
How TV remote button shortcuts for streamers have led to major profit for Samsung, LG

From the red and blue shortcut buttons with Netflix and Disney+ logos to fancier features and operating systems, Samsung Electronics and LG Electronics, the world’s top two TV makers, are pouring resources into content, not just hardware itself, to elevate profits. Remote control devices have bec...
March 25, 2024
Competition heats up in HBM market as Nvidia endorses Samsung chip

In order to secure an edge, Samsung announced it has developed 12-stack HBM3E, with the industry’s largest capacity of 36 gigabytes, and said it plans to start volume production in the first half of this year. The chip giant also confirmed it is in preparation of mass producing the eight-stack HBM...
March 21, 2024
US unveils some $20 bln in grants, loans to Intel

The White House announced a plan Wednesday to award Intel nearly $20 billion in grants and loans, marking the Joe Biden administration's largest funding scheme under its initiative to strengthen domestic semiconductor production. The Department of Commerce has reached a preliminary agreement with ...
March 20, 2024
Samsung vows to seize opportunity of AI

Baek Bok-ki, a 56-year-old shareholder, said she felt a "greater sense of belonging as a shareholder" through this year's annual meeting. "Although I am a minority shareholder, the shareholder open talk session made me feel Samsung was more lovely." Another anonymous shareholder who looked around ...
March 20, 2024
Samsung Electronics sees high economic uncertainty, new opportunity in AI

Samsung Electronics, the world's largest maker of memory chips, said Wednesday that macroeconomic uncertainties are expected to be high this year but vowed to embrace a new opportunity in the rise of artificial intelligence (AI). "Although uncertainties in the macroeconomic environment are expecte...
March 19, 2024
Samsung Electro-Mechanics to release high-voltage MLCCs for EVs

Samsung Electro-Mechanics announced on Tuesday the launch of its latest high-voltage MLCCs tailored for electric vehicles, in response to surging demand from global automotive component manufacturers. MLCCs, or Multi-Layer Ceramic Capacitors, play a crucial role in regulating the consistent flow o...
March 19, 2024
SK hynix becomes first to mass produce HBM3E chips

Competition to secure the HBM leadership is heating up among global chipmakers. Micron Technology, a US-based chipmaker, announced last month that it started mass production of HBM3E for Nvidia's H200 Tensor Core graphics processing units. But industry sources say that SK hynix was the first to ma...
March 19, 2024
LG Energy Solution makes breakthrough in battery lifespan

LG Energy Solution, in collaboration with the Korea Advanced Institute of Science & Technology, has made a significant breakthrough in lithium metal battery technology that addresses key challenges regarding its lifespan and safety. This new technology was detailed in the science journal Nature En...
March 19, 2024
SK hynix begins mass production of latest HBM3E chips

South Korean chipmaker SK hynix said Tuesday it has started mass production of the latest high band width memory (HBM) chips, solidifying its leadership position in the high-performance artificial intelligence (AI) memory semiconductor sector. It came seven months after the company announced the d...
March 18, 2024
[Herald Interview] ‘Meaty rice will become reality sooner than you think’

A Korean research team has recently unveiled a bowl of pink rice, a new lab-made hybrid rice, which they say could offer a cheaper and more sustainable source of protein not just for those on a vegan diet, but also for countries still reeling from food crises. “The lab-made beef rice could hit su...
March 18, 2024
Samsung Electro-Mechanics to launch ‘weatherproof’ camera modules for cars

Samsung Electro-Mechanics is set to start mass production of “weatherproof” camera modules with cutting-edge water-repellent capabilities and heating features for cars this year, the company said Sunday. In the wake of growing demand for enhanced image quality in automotive assistance features a...

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