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Mon, August 8, 2022 | 07:27

Transition committee prepares measures to nurture semiconductor experts

The incoming Yoon Suk-yeol administration will create education and training courses to help foster highly skilled professionals in the semiconductor industry, a key growth driver feared to experience a shortage of about 30,000 workers over the next decade, according to the presidential transition committee, Tuesday.

Lee Kyung-min | 2022-04-13 08:57

Gov't urged to intervene in Google's app store payment policy

The government needs to correct Google's app store payment policy that forces local app service providers to use its in-app payment system and bans external payment methods, as such compulsory measures could increase the usage fees that consumers have to pay, according to officials from local app service providers and civic organizations, Tuesday.

Baek Byung-yeul | 2022-04-12 17:02

Samsung Electro-Mechanics develops new MLCCs for vehicle powertrain

Samsung Electro-Mechanics is expanding its multi-layer ceramic capacitor (MLCC) lineup, as the company developed a new MLCC for automotive powertrains that performs well at high temperatures, the IT component arm of Samsung Group said, Monday.

Baek Byung-yeul | 2022-04-11 16:15

Naver, Kakao face declining profits due to soaring labor costs

The stock prices of Naver and Kakao are expected to remain in the doldrums for the foreseeable future, due to their declining profitability as a result of a series of sharp wage hikes, according to securities market analysts, Sunday.

Park Jae-hyuk | 2022-04-10 16:52

Samsung Electronics posts record quarterly sales with rosy outlook

Samsung Electronics announced Thursday that its first-quarter sales are estimated to have hit a record high with a better-than-expected operating profit, despite multiple difficulties from unfavorable factors here and overseas. In its earnings guidance, the tech firm estimated that its sales, based on International Financial Reporting Standards (IFRS), rose 17.76 percent year...

Park Jae-hyuk | 2022-04-07 16:00

Samsung Electronics shares expected to bottom out in Q2

KT to spend 500 bil. won on original content over next 3 years

KT said Thursday that it plans to invest 500 billion won ($410 million) over the next three years to expand its lineup of intellectual property in media content. As part of an ambitious goal to become the country's leading media group, the company said its media unit KT Studio Genie will first showcase 24 works of original content by next year.

2022-04-07 14:56

Samsung Electronics sees estimate-beating 50.3% jump in Q1

Samsung Electronics said Thursday it was likely to report its best first-quarter earnings in four years on the back of solid semiconductor mobile phone demand. In its earnings guidance, the South Korean tech giant estimated its operating profit at 14.1 trillion won ($11.5 billion) for the first three months of the year, up 50.3 percent from a year ago.

2022-04-07 14:27

ASML CEO in Korea to discuss semiconductor cooperation amid global chip shortage

The top executive of Dutch semiconductor equipment maker ASML is in Korea to discuss semiconductor cooperation in the country where its key clients are based, the company said Tuesday.

2022-04-05 13:28

SK hynix, Solidigm unveil 1st collaborative product

SK hynix and its U.S. subsidiary, Solidigm, launched their first collaborative product, which combines the former's 128-layer NAND flash technology with the latter's solid-state drive (SSD) controller and firmware expertise, the memory chip affiliate of SK Group said Tuesday.

Baek Byung-yeul | 2022-04-05 13:27

Kakao struggles to acquire SM Entertainment amid founder's demands

Kakao has been in a dilemma over its attempt to acquire SM Entertainment, as SM founder and chief producer Lee Soo-man continues to request his involvement in the management of Korea's largest talent agency, even after he sells off his entire 18.27 percent stake, according to industry officials.

Kim Jae-heun | 2022-04-05 00:32

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