Economy
Business·Industry
Q2 Memory Market Forecast at 350 Trillion… 'Record-Breaking Boom' Amid Surge in DRAM and NAND Prices
The global memory semiconductor market is projected to reach nearly 350 trillion won in the second quarter of this year, driven by a sharp rise in memory prices resulting from increased investment in …
Business·Industry
AI-Driven Next-Generation Substrates… Competition to Secure a Lead in Glass Substrates and FO-PLP Heats Up
The importance of advanced packaging is also growing in the competition for artificial intelligence (AI) semiconductors. This is because, as ultra-large chips combining AI accelerators and high-bandwi…
Business·Industry
Samsung’s Noh Tae-moon: “Investing 60 trillion won in the Yeongnam region to create 200,000 jobs… to serve as a hub for AX and robotics”
Samsung Electronics and Samsung SDS will invest 19 trillion won in Gumi to develop the area into a cutting-edge future manufacturing complex, including the construction of a humanoid robot production …
Business·Industry
China’s Battery Dominance Deepens… CATL and BYD Hold 54.6% Market Share, While Korean Battery Makers Lagging Behind
As the global electric vehicle battery market continues to grow at a double-digit rate, Chinese battery manufacturers have further solidified their dominance. The combined market share of CATL and BYD…
Business·Industry
LG Corp.–Honda Joint Venture Begins Mass Production of ESS Batteries at U.S. Plant
“L-H Battery Company,” a U.S. joint venture (JV) between LG Energy Solution and Japanese automaker Honda, has begun mass production of battery cells for energy storage systems (ESS). L-H Battery Compa…
Business·Industry
AprilBio Co.,Ltd., Now Under TKG’s Wing, Launches R&D Expansion Drive with 346.8 Billion Won in Funding
AprilBio Co.,Ltd.(397030)has welcomed TKG Huchems, an affiliate of the TKG Group, as its new controlling shareholder and has entered a phase of expanding its research and development (R&D) capabilitie…
Business·Industry
President Lee: "Thank You for Your Bold Decision"... Lee Jae-yong: "Proactive Investment Drives Growth"
“Samsung’s dream took root, grew, and bore fruit in Chungcheong.” (Lee Jae-yong, Chairman of SamsungElectronics)"Building on our achievements to date, we will develop the Chungcheong region into a glo…
Business·Industry
SamsungElectroMechanics Establishes Joint Venture with Japan's Sumitomo Chemical to Produce Glass Substrates
SamsungElectroMechanics announced on the 2nd that it has signed a definitive joint venture (JV) agreement with Dongwoo Hainchem CO.,LTD, a wholly-owned subsidiary of Japan’s Sumitomo Chemical Group, t…
Business·Industry
Amid a Surge in AI Power Demand… Government and Industry Kick Off Efforts to Commercialize DC Power Grids
Efforts to industrialize direct current (DC) power grids—in response to the expansion of artificial intelligence (AI) data centers and renewable energy—are now in full swing.
Lee Ho-hyun (fifth fro…
Business·Industry
DongKook Pharmaceutical Co.,Ltd. Signs License Agreement with Spain’s Paes Pharma for ‘Euresco Tablets’ in 13 Latin American Countries
DongKook Pharmaceutical Co.,Ltd.(086450)is entering the 3000억 won Latin American urology market, led by “Uresco Tablets,” the world’s first improved combination drug for benign prostatic hyperplasia d…