Economy
Business·Industry
Record-High Sales in Europe… Three Local Managers at KUMHOTIRECO.,INC Promoted to Senior Managing Director
KUMHOTIRECO.,INC CI. (Photo courtesy of KUMHOTIRECO.,INC)
KUMHOTIRECO.,INC has promoted three executives in charge of its European operations to senior management positions after the division achi…
Business·Industry
Memory Boom Drives Up Prices, Even for AI Servers… A “Double-Edged Sword” for Samsung and SK
As investment in artificial intelligence (AI) infrastructure by global Big Tech companies surges, rising memory semiconductor prices are emerging as a major factor driving up the cost of building AI s…
Business·Industry
SK hynix Invites 30,000 Family Members of Partner Companies to Seoul Land… “Achievements We’ve Built Together”
Kwak No-jeong, President and CEO of SK hynix, expressed his gratitude to the members and families of partner companies, stating, “This year’s achievements are the result of the hard work and dedicatio…
Business·Industry
JY Commends Employees Who Stood Their Ground Amid Middle East Unrest… “Your Dedication Sets an Example”
SamsungElectronics Chairman Jay Y. Lee sent gifts of encouragement and letters of appreciation to Samsung employees and their families who are maintaining operations at business sites in the Middle Ea…
Business·Industry
SK hynix Unveils Next-Generation AI Memory Technology at the OCP Global Summit in the U.S.
SK hynix has unveiled next-generation memory technology designed to resolve data processing bottlenecks in artificial intelligence (AI) data centers. The company is accelerating the development of tec…
Business·Industry
“Flat against the wall at just 9 mm without any wires”… LG Corp.’s Wireless OLED TV Named One of Time Magazine’s ‘Best Inventions’
LGELECTRONICS’ wireless wallpaper TV, the “LG Signature OLED W,” has been named one of the top inventions of the year by the U.S. newsweekly *Time*.
The photo shows a lifestyle shot of the LG Signa…
Business·Industry
"I Made 1.3 Billion in a Single Day"... The Surprising Turn of Events for the Chairman Who Invested 4.9 Billion in INICS Corporation
With SK hynix’s stock price plummeting by more than 11%, attention is turning to the unrealized gains and losses of SK Group Chairman Chey Tae-won, who purchased the company’s shares for approximately…
Business·Industry
LG Corp. to Be Sole Battery Supplier for Bentley’s First Electric Vehicle… Batteries to Be Installed in Vehicles Sold Overseas as Well
LG Energy Solution is reportedly the sole battery supplier for British luxury car brand Bentley’s first all-electric vehicle. LG Energy Solution batteries will be used not only in vehicles sold domest…
Business·Industry
Japanese Capital and U.S. Equity Stakes… New Variables in Samsung and SK’s Semiconductor Investments in the U.S.
U.S.-Japan semiconductor cooperation is strengthening as Japan invests up to $21 billion (approximately 30 trillion won) in a new semiconductor factory to be operated by the U.S. foundry company Globa…
Business·Industry
Big Tech Companies Move to ‘Divest from NVIDIA’… Samsung and SK’s HBM Market Share Grows
As global Big Tech companies accelerate their shift away from NVIDIA, attention is focused on whether this could become another growth driver for Samsung Electronics and SK Hynix. This is driven by ex…