Corporation
Electronics
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 …
Electronics
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…
Electronics
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 …
Electronics
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…
Electronics
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…
Electronics
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…
Electronics
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…
Electronics
SK hynix’s Kwak No-jeong: “100 Trillion Won Investment in Cheongju… M17 Construction to Begin Next Year”
Kwak No-jeong, CEO of SK hynix, announced plans to invest a total of 100 trillion won in Cheongju to build a new NAND production facility (M17) and a state-of-the-art packaging facility. Construction …
Electronics
LGELECTRONICS Expands HVAC Hubs in Asia… Accelerates Push into Local End-to-End B2B Market
LGELECTRONICS is accelerating the expansion of its global B2B business by successively establishing specialized heating, ventilation, and air conditioning (HVAC) training centers across Asia. The comp…
Electronics
LGELECTRONICS’ AI Service Innovation Pays Off… Ranks No. 1 in Home Appliance After-Sales Service Quality for Three Consecutive Years
LGELECTRONICS has been recognized for its competitiveness in domestic home appliance after-sales service (AS) by leading the way in service innovation through the integration of artificial intelligenc…