Corporation
Electronics
“The Burden of Memory Prices Is the Same for Competitors”… Samsung DX Aims to Win by Expanding Market Share
SamsungElectronics’ Device Experience (DX) Division is overcoming the decline in profitability caused by soaring memory prices by expanding market share and improving operational efficiency. Since com…
Electronics
SK hynix to Buy Back and Cancel 40 Trillion Won in Treasury Stock… Returning More Than Half of Excess Cash to Shareholders (Comprehensive)
SK hynix will repurchase 40 trillion won worth of its own shares and cancel them in their entirety. As its cash generation capacity has significantly improved—driven by the artificial intelligence (AI…
Electronics
LGELECTRONICS to Provide Free Inspections and Repairs, Regardless of Manufacturer, in Flood-Affected Areas of South Gyeongsang Province
LGELECTRONICS is providing free inspections and repairs for water-damaged home appliances—regardless of the manufacturer—to flood victims in the South Gyeongsang Province region affected by heavy rain…
Electronics
Small OLED Shipments Down 4.6% Amid Sluggish Smartphone Sales… Samsung Display Holds 40% Market Share
Global shipments of small-sized organic light-emitting diodes (OLEDs) in the second quarter of this year fell 4.6% year-over-year due to a slump in the smartphone market. However, Samsung Display reco…
Electronics
LGELECTRONICS Becomes First in the Industry to Equip European Automakers with 'Next-Generation 5G Communication Solutions'
LGELECTRONICS announced on the 19th that it has become the first in the industry to supply a smart telematics solution for vehicles, incorporating the latest 5G communication standard, to mass-produce…
Electronics
Samsung to Produce AI Data Center Cooling Equipment Locally… Invests 240 Billion Won in Gwangju
SamsungElectronics is investing 240 billion won in its Gwangju facility to begin domestic production of heating, ventilation, and air conditioning (HVAC) equipment for artificial intelligence (AI) dat…
Electronics
LG Corp. Begins Operations at Lansing Plant in the U.S., Completing Five ESS Production Hubs in North America
LG Energy Solution has begun full-scale operations at its Lansing, Michigan, plant, completing the establishment of five major production hubs to target the North American energy storage system (ESS) …
Electronics
OLED TV Market Grows 20%… Samsung and TCL Lock Horns in the LCD TV Market
While the global TV market remains flat, the premium organic light-emitting diode (OLED) TV market is leading the market rebound with growth in the 20% range. In the mid-to-low-end LCD (liquid crystal…
Electronics
'eSSD Shortage' Drives 77% Increase in Q2 NAND Sales… Samsung and Hynix Maintain Top Two Positions
Driven by the expansion of artificial intelligence (AI) data centers, demand for enterprise SSDs (eSSDs) has exploded, leading to steep growth in the global NAND flash market. SamsungElectronics and S…
Electronics
Madison Hwang Calls It "Incredible"... LG Corp. and NVIDIA Build 12 Years' Worth of Robot Data (Comprehensive)
LGELECTRONICS and NVIDIA are establishing a “virtuous cycle of data” for robot training by combining LG Corp.’s manufacturing and logistics data with NVIDIA’s physical artificial intelligence (AI) tec…