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Mon, August 15, 2022 | 18:14

Samsung Electronics Q1 profit jumps 50.5%, driven by chip and mobile sales

Samsung Electronics reported its best first-quarter earnings in four years Thursday on the back of solid semiconductor and mobile demand.

2022-04-28 09:24

SK hynix achieves record 12.15 trillion won in Q1 sales

SK hynix saw first quarter sales rise to an all-time high as memory chip prices remained stable despite sluggish global market conditions, while its newly incorporated subsidiary performed better than expected, Korea's second-largest memory chipmaker said Wednesday.

Baek Byung-yeul | 2022-04-27 16:51

Yoon gov't to counter China's tech advances

The incoming Yoon Suk-yeol administration is expected to introduce measures to help local companies in displays, semiconductors and other high-tech industries maintain their competitive edge over rapidly growing Chinese rivals, according to company officials Tuesday.

Baek Byung-yeul | 2022-04-26 17:27

US chip firm Lam Research opens R&D center near Samsung

Lam Research, a U.S.-based semiconductor equipment company, opened its R&D center in Yongin, Gyeonggi Province, Tuesday.

Baek Byung-yeul | 2022-04-26 14:40

Korea to ramp up policy support for electric, hydrogen cars

The government plans to invest 397.5 billion won ($318 million) to build charging stations for electric and hydrogen-powered vehicles this year in an effort to foster the next-generation car industry, a senior official said Tuesday.

2022-04-26 14:03

Webtoons become hot items for business expansion among platform operators

Webtoons have become a hot item for online platform operators such as Woowa Brothers and Watcha as companies realize the effectiveness of online comics to diversify their business portfolios, according to industry officials, Monday.

Baek Byung-yeul | 2022-04-25 16:01

LG Electronics adds lawn mower to robot lineup

LG Electronics has launched a lawn mowing robot targeting consumers in Korea, in order to boost its presence in the country's market for such products, which is increasing due to the diversification of housing types such as private residences and townhouses, the company said Sunday.

Baek Byung-yeul | 2022-04-24 16:31

Samsung SDI capitalizes on batteries for wearable devices

Samsung SDI is capitalizing on batteries used for wearable devices as smartwatches and wireless earbuds are becoming everyday items, the company said Friday.

Baek Byung-yeul | 2022-04-22 16:40

HLB succeeds in testing hydrogen-powered ship

HLB, a manufacturer of ships and pharmaceutical products based in the southeastern port city of Ulsan, succeeded in testing a hydrogen-powered ship called Bluebird, taking a step toward the commercialization of ships using eco-friendly energy, the company said Friday.

Baek Byung-yeul | 2022-04-22 16:00

Musk says he has financing to take Twitter buyout bid to investors

Elon Musk has lined up $46.5 billion in financing for a possible hostile takeover of Twitter and is "exploring" a direct tender offer to shareholders, according to a securities filing released Thursday.

2022-04-22 10:36

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