Samsung to apply GenAI to all home appliances from 2024

BERLIN, GERMANY - Samsung Electronics Co. from next year will incorporate generative artificial intelligence (GenAI) into all home appliances and de...

POSCO mulls opening integrated steel plant in India

CHENNAI, INDIA – POSCO, the South Korean steel giant under POSCO Holdings Inc., is considering opening an integrated steel mill in India ...

SK Hynix, Samsung's fight for HBM lead set to escalate on AI boom

Long-time runner-up SK Hynix Inc. significantly narrowed the market share gap with global memory leader Samsung Electronics Co. to 6.3 percentage po...

Corning stepping stone for Samsung's global leap: Chairman Lee

Their relationship dates back to 1973 when Samsung founder Lee Byung-chull and Amory Houghton Jr., then-chairman of Corning Inc., met to discuss a b...

Hyundai, LG to spend combined $7.6 bn to build EV, battery plants in US

Hyundai Motor Group and LG Energy Solution Ltd. will spend a combined $7.59 billion to build electric vehicle and battery cell plants in Georgia, th...

Samsung set to supply HBM3 to Nvidia, develops 32 Gb DDR5 chip

Samsung Electronics Co. is expected to soon supply high-performance DRAM chips, HMB3, to US graphics chip designer Nvidia Corp. – a move that ...

Hugel resubmits application to FDA for botulinum toxin product

South Korea's biopharmaceutical company Hugel Inc., announced on Friday that it has resubmitted applications to the US Food and Drug Administration ...

Samsung Galaxy Z foldables set early sales record in Europe

Samsung Electronics Co. 's Galaxy Z Flip 5 and Z Fold 5 smartphones have set early sales records in Europe, with annual sales of the company's folda...

Samsung Welstory unveils robots for company cafeterias

South Korean food and beverage company Samsung Welstory Inc. is forming a robotic process automation (RPA) ecosystem in the food service sector. In ...

Samsung offers guide to greener, smarter life with SmartThings

BERLIN – Concerned about extreme weather and skyrocketing energy bills? “Keep calm” and head to Berlin where Samsung Electronics C...

Hanwha Q Cells brings forward US solar module production

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, brought forward operations of a US pla...

Samsung Heavy to expand maritime business with CCS

South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has secured Approval In Principle from a Norwegian classification so...

Samsung’s connectivity vs. LG’s sustainability at IFA 2023

BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connec...

Hyundai Steel's offshore wind power plant gets int’l certification

South Korea’s Hyundai Steel on Wednesday said its Ulsan Factory 2 in the southern coastal city of Ulsan received certification as an offshore ...

Samsung Electro-Mechanics suffers cut in Q3 earnings estimate

South Korea's Kiwoom Securities on Tuesday said it cut its third-quarter earnings forecast for Samsung Electro-Mechanics due to continued sluggish...

Samsung releases SD card brand highly resistant to water, drops

Samsung Electronics Co. on Tuesday said its new Pro Ultimate line of secure data (SD) cards features enhanced speed and stability.The brand’...

S.Korea to develop ultra-low-power AI chips by 2030

South Korea will develop artificial intelligence (AI) chips by 2030 able to perform more than 10 trillion operations per second, while consuming ver...

Kia’s Hwaseong plant halted due to fire; K5, K8, EV6 output affected

Kia Corp., South Korea’s second-largest automaker, said on Tuesday the operation of its car manufacturing plant in Hwaseong, 80 km southwest o...

Samsung, LG join hands to connect smart home devices

Samsung Electronics Co. and LG Electronics Inc. are jointly developing an interoperable smart home system that enables their home appliance users to...

LG Electronics to showcase high-efficiency appliances in Europe

LG Electronics Inc. is targeting the European market by releasing home appliances that exceed the highest grades of energy efficiency.The company on...

Samsung to hire experienced foreign staff in R&D

Three affiliates of Samsung Group are looking to hire outstanding foreign researchers.Samsung Electronics Co., Samsung Display and Samsung SDI Co. o...

Samsung, LG Electronics gear up for IFA, IAA Mobility 2023

Samsung Electronics Co. and LG Electronics Inc. are set to attend Europe's biggest tech trade fair and biggest motor show, IFA and IAA Mobility, res...

IS Dongseo buys EV battery recycling firm BTS Technology

IS Dongseo Co., a South Korean waste management company, has acquired Slovakia-based battery recycling company BTS Technology Ltd. for 37.5 billion ...

LG Electronics rolls out customizable trailer Bon Voyage

LG Electronics Inc. on Friday announced that its customized trailer Bon Voyage will make its debut at the global wellness festival Wanderlust Korea ...

Cuckoo Electronics' duty-free sales in July surge by 592%

South Korea's Cuckoo Electronics Co. announced on Friday that its duty-free sales in July increased by 592.6% compared to the same period last year,...

Samsung launches AI-based diet suggestion platform

Samsung Electronics Co. has launched Samsung Food, an integrated food platform that offers a personalized eating experience and connects to the comp...

Samsung Display showcases QD-OLED monitor at Gamescom

South Korea's Samsung Display Co. teams up with the gaming and entertainment company HYBE IM to showcase quantum dot-organic light-emitting diode (Q...

SK Hynix leads DRAM industry’s Q2 revenue rebound, retakes No. 2 spot

SK Hynix Inc. saw its DRAM chip shipments significantly increase in the second quarter, leading the industry’s overall revenue rebound, market...

POSCO E&C to build offshore wind power plant with Norwegian firm

South Korea’s POSCO E&C, formerly POSCO Engineering and Construction, and a Norwegian company are promoting the Ulsan Firefly project, the...

Hyundai Rotem unveils ultra-large servo press line

Hyundai Rotem, a subsidiary of Hyundai Motor Group and a South Korean railway system manufacturer, announced on Thursday that it held a demonstrat...