"I ordered Samsung's Galaxy Z Fold8 with my wife, but returned mine unopened when I heard Apple was releasing a foldable." Kim, a Seoul-based game company employee in his mid-40s, was among the first customers collecting Apple's 3.29 million won ($2,300) iPhone Duo at Apple Myeongdong on Friday. His wife kept her Samsung phone. "I seriously considered switching to Android because of the Fold8," he said. But giving up his Apple Watch, AirPods and familiar iPhone software was too much of a barrier

LG Display returned to an operating profit in the third quarter on stronger seasonal demand for OLED panels, although earnings fell 42 percent from a year earlier as a weaker dollar and rising component costs weighed on profitability. The South Korean display maker said Thursday that operating profit reached 250.6 billion won ($189.3 million) in the July-September period, reversing a 107.7 billion won loss in the previous quarter. Revenue rose 12 percent from the second quarter to 6.28 trillion

Samsung Electro-Mechanics and LG Innotek are expanding their ties with Nvidia, applying their expertise in semiconductor substrates and sensing technology to the US chipmaker's growing AI computing and robotics businesses. Samsung Electro-Mechanics announced a multiyear agreement Wednesday to supply advanced semiconductor substrates for Nvidia's AI processors and networking chips, while LG Innotek said Thursday it was working with Nvidia to develop sensing systems for humanoid robots. The collab

As South Korean banks pledge greater investment in artificial intelligence-powered cybersecurity following a series of breaches, the head of CrowdStrike's counter adversary operations says they must also address basic security weaknesses that allowed an inexperienced hacker to compromise financial institutions in the first place. Adam Meyers, senior vice president of counter adversary operations at the US cybersecurity firm, oversees the team that helped uncover how AI was used in the attacks. I

German science and technology company Merck opened a new semiconductor materials plant in South Korea on Thursday, expanding local production of molybdenum as chipmakers adopt the metal for increasingly advanced memory chips. The facility in Eumseong, North Chungcheong Province, will produce molybdenum dioxide dichloride, a chemical used to deposit ultrathin metal films during chip manufacturing. It will supply customers in Korea and elsewhere in Asia. Benjamin Hein, CEO of Merck's Electronics b

China is touting a breakthrough in one of the semiconductor industry's toughest technologies: extreme ultraviolet lithography. But how close is it really to challenging global chipmaking leaders? Chinese startup Langdao Silex recently unveiled a prototype EUV light source built with what it claims are 90 percent domestically made components, promising commercialization within three to five years. Yet its reported performance falls far short of commercial requirements, and experts doubt China can

Books by South Korean authors, including Nobel laureate Han Kang and Hwang Sok-yong, were among the works listed as eligible for compensation in a copyright settlement involving Anthropic, the US artificial intelligence company behind the chatbot Claude. The Literature Translation Institute of Korea said it had identified at least 21 English-language editions of books by Korean authors on a list of works eligible for compensation under the settlement. The institute has notified the authors conce

LG Electronics CEO Lyu Jae-cheol says that more efficient cooling could help AI data centers devote more of their limited electricity supply to computing, as the company expands its cooling infrastructure business. In a Forbes article published Monday, Lyu said increasingly powerful AI chips were putting pressure on data centers' electricity, water and space resources, making conventional measures of energy efficiency insufficient. One widely used measure, power usage effectiveness, compares a d

Nearly half of the artificial intelligence models released by South Korean developers this year were built on Chinese technology, led overwhelmingly by Alibaba's Qwen, according to a new study that raises questions about the country's efforts to develop its own AI models. The report, released Friday by private think tank Rockbridge Network Korea and authored by Hanyang University business professor Choi Seong-jin, examined how Chinese AI is being used in Korea through developer activity, app usa

South Korean biotech firm Lee Moon Won Bio has secured a patent for a patient health monitoring system, bringing its portfolio of registered patents to 12 as it seeks to integrate hair-loss diagnosis, treatment and long-term care into a single digital platform. The patent, titled “Wellness Diagnosis Method, System and Device," was filed in April and registered on Oct. 2, the company said Monday. It forms the basis of the company's Body Recording System, which tracks patient health data to suppor

Samsung Electronics has reportedly secured long-term supply agreements covering about 80 percent of its planned memory chip production for 2027, strengthening its earnings outlook despite growing concerns over the sustainability of the artificial intelligence investment boom, according to KB Securities. "Samsung is estimated to have already secured approximately 80 percent of its planned memory production for 2027 through long-term supply agreements," said Kim Dong-won, head of research at KB Se

US genomics technology firm Element Biosciences, backed by Samsung Electronics as its largest shareholder, is kicking off a global road show in Seoul on Tuesday to showcase its latest DNA sequencing and multiomics technologies. Founded in San Diego in 2017, Element develops genomic analysis technologies aimed at improving accuracy and lowering costs. The company entered the market in 2022 with its AVITI DNA sequencing system. Samsung joined Element's Series D funding round in July 2024, contribu

Samsung Bioepis said Tuesday it has secured a 10-year deal to exclusively supply its rare disease biosimilar SB12 to Brazil's public health system, strengthening its foothold in Latin America's largest pharmaceutical market. The South Korean biopharmaceutical company formed a consortium with Brazilian drugmaker Bionovis and state-run laboratory Bahiafarma under Brazil's Productive Development Partnership program. Starting in 2027, Samsung Bioepis will supply SB12, a biosimilar of the rare diseas

Samsung Electro-Mechanics said Monday it has signed a 360.5 billion won ($271 million) contract to supply high-performance package substrates for memory chips to a major global customer, expanding its long-term supply agreements into its substrate business. Under the one-year deal, the company will supply the substrates from Jan. 1 through Dec. 31, 2027. Samsung Electro-Mechanics did not identify the customer. The agreement comes as demand for advanced memory components rises alongside the rapid

South Korea's leading display-makers are preparing fresh investments in advanced organic light-emitting diode production as Apple expands the technology into laptops, tablets and monitors, creating new growth opportunities in the premium display market. Apple is expected to unveil an OLED touchscreen MacBook Pro and an OLED-equipped iPad Mini later this month, with Samsung Display reportedly supplying all initial panels for both products, according to industry officials. The launches would mark