Samsung union stages rally at chairman’s empty home

A labor union of Samsung Electronics staged a rally near the vacant home of the company’s Executive Chairman Lee Jae-yong Thursday, a day after its wage negotiations with management derailed.…

Samsung eyes aggressive HBM expansion to meet AI demand

Samsung Electronics projected an ambitious expansion in its sales and supply of high bandwidth memory (HBM) for the second half of this year, Wednesday, to meet exponentially growing market demand…

SK hynix in dilemma as HBM focus results in lower stock value

SK hynix is facing a dilemma in balancing production between advanced high-bandwidth memory (HBM) chips and existing legacy DRAM products, as its focus on HBM is adversely impacting its stock…

Daejeon takes steps to secure foothold in global space market

The Daejeon Metropolitan Government is taking steps to secure a foothold in global markets, marking a move in its strategy to nurture this future-oriented sector. Chang Ho-jong, deputy mayor for…

Kakao faces gloomy outlook following founder’s arrest

Kakao, Korea’s leading messaging app operator, faces a troubling outlook following a court’s decision to arrest its founder, Kim Beom-su, on allegations of stock price rigging. The escalating prospect of…

Samsung’s possible HBM supply for NVIDIA draws mixed outlook

Market shows disappointment over delayed tests for advanced HBM chips Samsung Electronics’ fourth-generation high bandwidth memory 3 (HBM3) chips have been cleared by NVIDIA for use in NVIDA’s China-bound processors,…

Korean chipmakers wary of possible US subsidy flip-flop

Korean firms are wary of a possible flip-flopping of U.S. programs that award subsidies to chipmakers investing in the United States, as Republican presidential candidate Donald Trump continues to express…

iPhone users in Europe to access Samsung Wallet as Apple lets rivals use tap-and-go payments

Apple has decided to open its tap-and-go mobile payments system to rivals in Europe, which will give iPhone users more choices beyond Apple Pay, such as Samsung Wallet and Google…

Kakao’s future uncertain as leader faces arrest

Korean messenger and app giant Kakao is facing growing doubts about its efforts to revamp its governance and business structure, as prosecutors have set their sights on Kim Beom-su, the…

Innospace strives to become space platform provider

Innospace, a local rocket startup, aims to grow into a leading space mobility platform company that sets the standard for the era of private space transportation, its founder and CEO…