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1 week ago | 
kedglobal.com | Jeong-Soo Hwang |Chae-yeon Kim
Samsung Display Co., the display-making unit under Samsung Electronics Co., will exclusively supply organic light-emitting diode (OLED) displays for Apple Inc.’s first foldable iPhone series, which are expected to hit the market late next year. As the South Korean display giant is chosen as the sole provider for the world’s No. 1 smartphone seller, it is projected to cement its lead in the global foldable OLED display market with a share of more than 70% versus the current about 40%.
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3 weeks ago | 
kedglobal.com | Jeong-Soo Hwang |Chae-yeon Kim
Samsung Electronics Co. has appointed TM Roh, president and head of its mobile eXperience (MX) business, as the new chief of its device eXperience (DX) division, filling a leadership vacuum left by the South Korean tech giant’s late Vice Chairman Han Jong-hee’s sudden death about a week ago. Roh’s appointment signals Samsung’s more aggressive push in artificial intelligence across its set business, encompassing smartphones, TVs and other home appliances.
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1 month ago | 
kedglobal.com | Jeong-Soo Hwang |Chae-yeon Kim |Eui-Myung Park
Samsung Electronics Co., the world’s largest memory chipmaker, has put its system chip and foundry businesses under tight scrutiny for a possible business overhaul, including an executive reshuffle and employee relocation, as it faces an uphill battle against rivals such as Taiwan’s TSMC.
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2 months ago | 
kedglobal.com | Chae-yeon Kim |Jeong-Soo Hwang
Shin Je-yoon, former chairman of South Korea’s top financial regulator Financial Services Commission (FSC), will likely assume the role of Samsung Electronics Co.’s board chairman. Industry sources said on Friday he will be named the leading candidate for the job at Samsung’s board meeting on Feb. 18, when the company is slated to shortlist internal and external director candidates.
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2 months ago | 
kedglobal.com | Chae-yeon Kim |Jeong-Soo Hwang |Lan Heo
Samsung Electronics Co. Chairman Lee Jae-yong was found not guilty of accounting fraud, stock manipulation and other criminal charges by a Seoul appeals court on Monday – a ruling that will remove long-running legal risks that he has faced for a decade.
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Jan 9, 2025 | 
kedglobal.com | Chae-yeon Kim
LAS VEGAS – Samsung Electro-Mechanics Co. will unveil a sample of an ultra-compact all-solid-state battery within the year for mass production in 2026 and expects to start producing glass substrates for semiconductor packaging after 2027, said its Chief Executive Chang Duckhyun. Last year, Samsung announced the development of the all-solid-state battery tailored to wearable devices, which boasts a high energy density comparable to that of lithium-ion batteries.
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Jan 7, 2025 | 
kedglobal.com | Jeong-Soo Hwang |Chae-yeon Kim
Samsung Electronics Co. flagged weaker-than-expected earnings for the last quarter of last year due to a fall in memory chip prices and soft demand for its smartphones and other mobile devices. South Korea’s largest memory chip producer on Wednesday reported in a regulatory filing that its preliminary operating profit for the fourth quarter ended in December 2024 stood at 6.50 trillion won ($4.5 billion), more than doubling from a year ago.
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Dec 9, 2024 | 
kedglobal.com | Chae-yeon Kim
Samsung Electronics Co.'s new contract chipmaking or foundry business chief said on Monday he will go all-in to improve the company’s advanced 2-nanometer chip processing technology and secure more clients to take on bigger foundry rival Taiwan Semiconductor Manufacturing Co. In his inaugural message to Samsung employees as head of its foundry business, Han Jin-man said he will pursue a “two-track strategy” to narrow its technology gap with TSMC and fend off competition with fast-followers,...
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Dec 8, 2024 | 
kedglobal.com | Chae-yeon Kim
LG Electronics India Pvt., wholly owned by LG Electronics Inc., has embarked on the process of going public to raise up to 2.6 trillion won ($1.8 billion) as it is seeking to sustain its rapid growth there through facility expansion and mergers and acquisitions. The Indian unit filed a preliminary prospectus of its initial public offering, or a draft red herring prospectus (DRHP), with the Securities and Exchange Board of India on Dec. 6.
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Dec 5, 2024 | 
kedglobal.com | Chae-yeon Kim
South Korean display makers regained ground in the global organic light-emitting diode (OLED) panel market in the second quarter, elbowing out the previous quarter’s No. 1 Chinese rivals thanks to brisk sales of high-end OLED displays for information technology (IT) devices. According to global technology research firm Omdia, Samsung Display Co. and LG Display Co. jointly commanded the largest 49.9% of global OLED panel shipments in the April-June period, beating Chinese players’ 49.0% share.
