Samsung Electronics Vice Chairman Lee Jae-yong on Thursday visited Samsung Electro-Mechanics’ manufacturing facility for automotive multilayer ceramic capacitors located in Busan as part of the latest parade of on-site management. It marked the first visit by the Samsung heir since the factory began operation in 2018. Samsung Electro-Mechanics is an affiliate that supplies MLCCs for many of Samsung’s electronic products and camera modules for Galaxy smartphones. MLCC is an ess

Samsung Electronics Vice Chairman Lee Jae-yong and Hyundai Motor Group Executive Vice Chairman Chung Euisun are expected to meet again to hold a second round of discussions on next-generation electric car battery technology, according to news reports Thursday. Lee is likely to visit Hyundai Motor’s research and development institution in Hwaseong, Gyeonggi Province, Tuesday, according to the reports. The visit is being planned in response to Chung’s visit to Samsung SDI’s

Samsung Electronics’ consumer electronics CEO Kim Hyun-suk on Wednesday expressed concerns over trade protectionism in major countries following a downturn in the home appliance market after the COVID-19 pandemic. During a brief meeting with local reporters, the head of Samsung’s consumer electronics said the company will undergo a more difficult situation in the fourth quarter of this year in the aftermath of the pandemic outbreak. “The global economy, consumer sentiment

LG Electronics has launched a global expert group for the purpose of developing insights on new technologies and discovering new business opportunities, the company announced Tuesday. Chaired by LG’s Chief Technology Officer Park Il-pyung, the expert group dubbed as “Innovation Council” will serve as a body that will bring together 12 tech experts around the world and give them chances to discuss new trends and industrial moves. The members include Robust AI CTO Rodney Br

Samsung Electronics on Tuesday announced its vision for the sixth-generation telecommunications network by releasing a white paper supervised by Vice Chairman Lee Jae-yong. The white paper entitled “The Next Hyper-Connected Experience for All,” outlines Samsung’s vision for 6G, covering various aspects related to the next-generation network system, including technical and societal megatrends, new services, requirements, candidate technologies and an expected timeline of sta

Samsung Electro-Mechanics, an electronic parts supplier affiliated with Samsung Electronics, has developed five new types of multi-layer ceramic capacitors for automobiles, expanding its automotive MLCC lineup to further penetrate into the global market, the company said Sunday. MLCC is an essential part for electronics, which controls electric currents to flow at stable levels, supply needed amounts of power for chips, and remove noise inside products. The capacitor, known as the tiniest

LG Electronics said Sunday it has developed an electronic mask using its air purifier technology and donated 2,000 units to the Severance Hospital in Seoul. The company utilized its know-how on air purifying machines to develop the electronic mask. The mask has two H13 HEPA filters that are replaceable and a user can inhale air through the filters. Under the filters, there is a tiny fan that can control the amount of air. The fan is applied with an algorithm that raises the fan speed to le

Samsung Electronics on Wednesday unveiled an ultraviolet sterilizer with wireless charging for mobile gadgets like smartphones as hygiene awareness is growing amid the COVID-19 pandemic. The portable UV sterilizer, manufactured by Samsung C&T, can disinfect smartphones, earbuds and even glasses in 10 minutes, according to the company. It kills up to 99 percent of bacteria and germs, including E. coli, Staphylococcus aureus and Candida albicans, according to tests done by two independen

LG Electronics has supplied its first autonomous driving-based serve bot for Seoul National University Hospital, announcing the robot’s commercialization Wednesday. The LG CLOi serve bot was installed at the outpatient unit of the hospital on Tuesday, which started carrying devices, treatment kits and other necessities for treating patients through the corridors of the hospital building. It features autonomous driving technology that can detect and avoid obstacles. The serve bot is

Samsung Electronics will throw its signature Unpacked show for new Galaxy products online for the first time on Aug. 5, according to the company’s invitation sent to global media and partners on Wednesday. The invitation displayed an image of a bronze-colored crown, which might be the signature color for the upcoming Galaxy Note 20 series. The event will be broadcast live on Samsung’s corporate homepage and its newsroom website. The South Korean tech giant is expected to pres

LG Electronics on Tuesday announced its preliminary earnings for the second quarter of this year, beating forecasts by market watchers over concerns about sales falls during the COVID-19 outbreak. According to the earnings guidance, LG is expected to have posted 12.8 trillion won ($10.7 billion) in revenue and 493.1 billion won in operating profit for the April-June period. The figures were down 17.9 percent and 24.4 percent, respectively, from a year earlier. The second-quarter operating

Samsung Electronics on Tuesday announced its earnings guidance for the second quarter, which hinted at an earnings surprise despite the impact of the COVID-19 pandemic on major products. The company forecast it would post 8.1 trillion won ($6.8 billion) in operating profit for the April-June period, up 22.7 percent on-year and 25.6 percent rise from the previous quarter. But the second-quarter revenue is estimated at 52 trillion won, declining 7.36 percent on-year and 6.02 percent on-quarte

Samsung Electronics will provide 100 percent performance-based bonuses to the employees of the semiconductor division next week, industry sources said Friday. The world’s biggest memory chip provider is planning to give its workers a half-year bonus, dubbed “target achievement incentives” based on their performances, which could be a maximum of 100 percent of their monthly salary. While the employees of the chipmaking unit are reportedly said to receive bonuses that are eq

After benefiting from the growing non-contact market in the wake of the COVID-19 outbreak in the first six months of this year, chipmakers are again faced with a bearish outlook for the remaining half of the year due to estimated falls in chip prices. In the third quarter, there are predominant forecasts that say the prices of both DRAM and NAND flashes will decline, leading to a slower growth of the overall memory market. According to market tracker DRAMeXchange, the fixed price of DDR4 8

SK hynix announced Thursday it has started mass producing the industry’s fastest DRAM solution HBM2E, 10 months after the chipmaker completed its development in August last year. According to the company, the HBM2E supports over 460 gigabytes per second with 1,024 inputs/outputs based on the 3.6 gigabit-per-second performance of each pin. It is the fastest DRAM solution in the industry, which enables transmission of 124 full-HD movies (3.7GB each) per second. The density is 16GB, mor

Samsung Electronics plans to hire as many as 1,000 specialized experts in chip design and artificial intelligence by the end of this year, the tech giant said Wednesday. The company has already employed around 500 experts with master’s degrees and doctorates in semiconductors and AI in the first six months of the year, as part of its preparations for future technologies and businesses. It is planning to hire 500 more experts as part of accelerating a move towards the future, amid grow

Samsung Electronics Vice Chairman Lee Jae-yong on Tuesday visited Samsung’s semiconductor equipment subsidiary SEMES, surveying the very foundation of the chip industry amid the country’s ongoing efforts to reduce dependence on Japan. The Samsung heir discussed mid- and long-term strategies of SMES, founded in 1993 as a subsidiary building manufacturing equipment for semiconductor sand displays, and took a tour of the equipment production line located in Cheonan, South Chungcheon

Amid growing efforts to reinforce the domestic chip materials, parts and equipment industry by relying less on Japanese imports, South Korean chipmaker SK hynix said Tuesday it will support three new partner firms and co-develop products for the next two years. The memory chip manufacturer said it has selected Semics, LKN and Evertech Enterprise as innovative tech firms and has signed agreements at its headquarters in Icheon, Gyeonggi Province. “Despite the difficulty that we are end

As most of my naturally-curly-haired peers would agree, there is nothing more annoying than coiled bangs. They make you look less composed and childish, not to mention adding a few pounds to your face. So I jumped at the chance to try out Dyson Corrale straightener, the latest hot item from the cordless masters. Almost immediately, I found it extremely convenient to use during busy mornings to fix by bangs, without having time to wash and dry my hair. The gadget is usually placed on the cha

The latest forecasts about Korean technology companies’ profits in the second quarter suggest they have at least avoided the worst-case scenario amid the protracting COVID-19 pandemic, due to the semiconductor industry’s outperformance, according to industry sources on Sunday. The newest figures released by local stock brokerages show that Samsung Electronics is estimated to report around 53.6 trillion won ($44.5 billion) in sales and 6.4 trillion won in operating profit for the A