Samsung Electronics has spent seven years developing the Galaxy Z Fold from an experimental device into one of the world’s best-known foldable smartphones. Next month, for the first time, it will face an iPhone built around the same book-style idea and priced almost directly against it in the US. Apple surprised the market last week by setting the 256-gigabyte iPhone Duo at $1,999, well below prelaunch estimates of around $2,500. Samsung’s Galaxy Z Fold8 launched at $1,899.99. That leaves only a

Samsung Electronics has co-led a 200 million euro ($231 million) funding round for Dutch startup Euclyd, backing a new chip architecture designed to cut the cost and energy consumption of artificial intelligence inference. Euclyd CEO Bernardo Kastrup told CNBC that Samsung participated in the Series A round alongside Somerset Capital Partners, Innovation Industries and the Scaleup Europe Fund, managed by EQT. Kastrup said Samsung could offer more than capital, pointing to its expertise in memory

South Korea’s space rocket is set to carry five primary satellites in October, marking the country’s first major step toward deploying an operational satellite constellation in a single launch. “The fifth launch has two key features: it is the first time we are carrying multiple primary satellites, and it will carry the largest number of satellites in Nuri’s history,” Park Jong-chan, director of the Korean Launch Vehicle Enhancement Program at Korea Aerospace Research Institute, said Tuesday at

SK Group Chair Chey Tae-won has sought a review of prosecutors’ decision not to indict a lawyer representing his estranged wife, Roh Soh-young, over claims that Chey spent more than 100 billion won ($74 million) on his partner, Kim Hee-young. Chey’s legal representatives said Tuesday that they had filed a prosecutorial appeal against the Sept. 9 non-indictment decision involving attorney Lee Sang-won. They accused Lee of inflating the figure by combining unrelated transactions, including money p

South Korea’s expanded espionage law took effect Sunday, giving prosecutors a new route to pursue serious foreign-linked theft of state secrets, including potentially sensitive semiconductor and artificial intelligence technologies, as national security crimes. The revised Criminal Act adds Article 98-2, which applies when a person, under the direction, inducement or other communication of a foreign country or equivalent organization, searches for, collects, discloses, transfers or brokers state

LG AI Research unveiled a suite of industry-specific systems Monday, accelerating its push to build artificial intelligence that does more than answer questions — it predicts problems, makes decisions and takes action. At its AI Talk Concert 2026 in Seoul, the research institute introduced specialized models that can detect factory defects before they occur, accelerate the discovery of new materials and produce explainable financial forecasts. It also laid out plans for autonomous laboratories a

Samsung Display has pushed smartphone OLED performance to a new threshold, developing what it says is the world’s first 6.9-inch panel to combine 2K resolution with a 165-hertz refresh rate while consuming about 30 percent less power. High-end gaming smartphones currently on the market typically feature 1.5K OLED displays with refresh rates of up to 165Hz. Samsung Display’s new panel raises the resolution to 2K while maintaining the same refresh rate, targeting increasingly graphics-intensive mo

South Korea’s plan to establish a major semiconductor production base in the southwest is taking shape, with government officials and industry experts saying its success will depend on whether power, water, permits, talent and supplier networks can be put in place in time to support future corporate investment. Those issues were at the center of the Jeonnam-Gwangju Integrated Special Metropolitan City Semiconductor and AI Transformation Global Forum, held at the Gwangju Chamber of Commerce and I

Electricity is the lifeblood of the artificial intelligence era. In South Korea, however, the utility responsible for delivering it is carrying more than 200 trillion won ($148 billion) in debt as the country prepares to build power-hungry semiconductor clusters. Korea Electric Power Corp. needs roughly 100 trillion won to expand the grid. To help finance that work, the state-run utility has asked Samsung Electronics and SK hynix to pay five years of electricity bills upfront — a combined 25 tri

LG AI Research said Friday it is teaming up with the National Pension Service to develop AI tools for pension fund management, beginning with a service designed to analyze currency movements. The two signed an agreement at LG AI Research's headquarters in Seoul to combine the company's artificial intelligence technology with the pension fund's investment expertise and improve investment research and decision-making. “AI is reshaping the paradigm across industries,” Kang Chang-nam, managing direc

Samsung Electronics greeted Apple’s long-awaited entry into foldable smartphones with a playful publicity campaign highlighting the Korean company’s seven-year head start in the category. Minutes after Apple unveiled its $1,999 iPhone Duo on Wednesday, Samsung’s US mobile account posted a series of tongue-in-cheek messages on X. “Let us know when you’re done reheating our leftovers,” one read. Another declared: “So far, so same.” Samsung also teased Apple for introducing the foldable late in its

Dyson has entered South Korea’s oral care market with CameraJet, an AI-powered toothbrush that uses a built-in camera and targeted liquid jet to combine brushing and interdental cleaning in one device. The British appliance-maker unveiled CameraJet in Seoul on Thursday, presenting it as a solution for cleaning gaps between teeth that conventional toothbrushes struggle to reach. “To properly clean between teeth, you first need to precisely detect the gaps,” Rich Bacon, Dyson’s head of new categor

FosterBridge, a Korea-based global startup growth platform, will join forces with Qazaq Creative, a digital platform for discovering and connecting startups and individuals in creative industries, according to FosterBridge on Sept. 2. Qazaq Creative was launched by the Republic of Kazakhstan under its government-financed fund named “Creative Industries Development Fund.” "We have witnessed startups forging global opportunities not because they lack the expertise or technological prowess, but bec

Apple spent years waiting for foldable phones to become good enough for an iPhone. When it finally moved, however, it reportedly put the part that makes the phone fold in the hands of a single supplier: Samsung Display. That gives iPhone Duo, unveiled Wednesday at a starting price of $1,999, an unusual supply-chain profile. Apple still sources major components from around the world. But the part most closely tied to its new form factor is also one of the hardest to replace outside Korea. "With t

OpenAI Korea is entering its second year after explosive growth in corporate adoption, with the number of ChatGPT Enterprise users in the country surging 28-fold over the past year. Korea’s overall ChatGPT user base also expanded 35 percent during the period, the company said Wednesday at a press briefing marking the first anniversary of its local office. “When we opened our Korea office a year ago, we said OpenAI would become a partner in Korea’s AI transition,” said Kim Kyoung-hoon, general ma