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NEWS TAGGED SOUTH KOREA
Friday 2 June 2023
Samsung joins Linux-initiated RISE project for RISC-V development
Samsung Electronics has announced on June 2 its participation as a steering board member in the RISC-V Software Ecosystem (RISE) project initiated by the Linux Foundation Europe....
Friday 2 June 2023
SDC, LGD 8.xG OLED projects may stall on evaporation equipment issue
Samsung Display (SDC) has disclosed plans to invest KRW4.1 trillion (US$3.1 billion) in building 8.6G IT-use OLED panel production lines by 2026, but tight supply of the core evaporation...
Friday 2 June 2023
Intel plans data center lab in South Korea
According to South Korean media Businesskorea, Intel is planning to establish a lab dedicated to data center development in Seoul, South Korea. The company will collaborate...
Thursday 1 June 2023
SDC to supply main OLED display system for Hyundai flagship cars
Samsung Display (SDC) will, for the first time ever, supply main automotive displays to Hyundai Motor, which is expected to further deepen the future vehicle alliance between Samsung...
Tuesday 30 May 2023
LG teams up with Korean peers to work on 3D AR glasses
South Korean companies including LG Electronics are moving to collectively roll out augmented reality (AR) glasses with 3D images in cooperation with Qualcomm, and are expected to...
Tuesday 30 May 2023
Canadian government to invest in GM-POSCO cathode material project in Quebec
The Canadian government announced on May 29 that it will offer funding support of CAD300 million (US$221 million) for a cathode active materials (CAM) facility constructed by the...
Monday 29 May 2023
Joint battery plant will benefit Hyundai, LGES in the US
Hyundai Motor and LG Energy Solution have embarked on a joint effort to scale up in the US. The pair announced on May 26 that they will build an EV battery cell plant together in...
Monday 29 May 2023
Korea reportedly won't encourage memory suppliers to gain market share in China amid ban on Micron
Despite a ban on Micron by the Chinese government seen as benefiting Micron's competitors based in South Korea, it is reported that Samsung Electronics and SK Hynix may decide not...
Friday 26 May 2023
LG Electronics commences EV charger production, aiming to expand in global market
LG Electronics has reached a milestone in its charging business. Its majority-owned company, HiEV Charger, started producing EV chargers on May 24. Besides serving the domestic market,...
Friday 26 May 2023
Samsung reportedly planning to cut Q3 wafer foundry production by 10%
Following the reduction of memory chip production, Samsung Electronics is planning to reduce its wafer production in the third quarter of 2023 due to the poor demand for its foundry...
Thursday 25 May 2023
Apple expanding supplier base in China, Southeast Asia, and India
As manufacturers embark on massive relocation efforts to build a more resilient supply chain, Apple is expanding its supplier base in most Asian countries.
Wednesday 24 May 2023
Samsung, SK Hynix may eventually suffer more than benefit from Micron sanction
With China formally imposing sanctions on Micron Technology, possible consequent impacts on Samsung Electronics and SK Hynix are fast drawing market concerns, and both Korean suppliers...
Wednesday 24 May 2023
Electricity costs for wafer foundries in Europe and Japan double those in Taiwan, U.S., and South Korea
Semiconductor foundries in Japan and Europe spend at least double the amount of what similar establishments in the U.S., South Korea, and Taiwan do on electricity, according to a...
Wednesday 24 May 2023
South Korea will inject KRW14 trillion into auto parts industry to boost EV production
South Korean Trade, Industry and Energy Ministry announced on May 23 that the government and local automakers will invest KRW14.3 trillion (US$10.9 billion) in the automotive component...
Tuesday 23 May 2023
Micron could lose US$3 billion in revenue injection from China
Micron Technology could lose an estimated US$3 billion in revenue from China as a result of the country's ban on Chinese enterprises working on critical infrastructure projects procuring...