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2 weeks ago | 
pulse.mk.co.kr | Choi Seung-jin |Han Yubin
South Korea’s LS Cable & System Ltd. broke ground on a $681 million submarine cable manufacturing plant in Chesapeake, Virginia, the company said on Monday as it expands in the United States in response to the growing demand for renewable energy infrastructure. LS GreenLink USA Inc., a U.S. subsidiary owned by the cable manufacturer, will build the facility which will be the largest of its kind in the United States.
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Dec 10, 2024 | 
pulse.mk.co.kr | Choi Seung-jin |Chang Iou-chung
There will be no major changes to LG Chem Ltd.’s investment plans in the United States under the second Trump administration, the company’s Vice Chairman Shin Hak-cheol said on Monday local time. Shin’s remarks were made during a meeting with U.S. Senator Marsha Blackburn, a Republican from Tennessee, at the Senate building in Washington, D.C. He was in the United States to attend the Korea-U.S. Business Council, organized by the Federation of Korean Industries.
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Sep 18, 2024 | 
pulse.mk.co.kr | Choi Seung-jin |Chang Iou-chung
Hanwha Qcells, a subsidiary of Hanwha Solutions Corp., has hired a former Tesla Inc. lobbyist as it expands its U.S. lobbying efforts in response to the Inflation Reduction Act (IRA). According to Politico on Wednesday, Joe Mendelson, who previously managed government and congressional relations for Tesla‘s trade and clean energy initiatives, has joined Hanwha Qcells as vice president and head of public policy and government affairs.
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May 29, 2024 | 
pulse.mk.co.kr | Choi Seung-jin |Yoon Yeon-hae
South Korean tech giant Samsung Electronics Co. formed a joint venture with a leading provider of climate solutions for a heating, ventilation and air-conditioning (HVAC) business in the United States and Canada to target the North American HVAC market.
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May 23, 2024 | 
pulsenews.co.kr | Choi Seung-jin |Minu Kim
A U.S. court has ruled in favor of Samsung Electronics Co. in a patent lawsuit filed by a former Samsung executive against the South Korean tech giant in the United States, with the court criticizing the plaintiff's actions and deeming the lawsuit illegitimate.
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May 22, 2024 | 
pulsenews.co.kr | Choi Seung-jin |Oh Chan-jong |Yoon Yeon-hae
South Korea's Samsung Electronics Co. appointed Jun Young-hyun, vice chairman and head of its future business division, as the new head of its device solutions (DS) division responsible for semiconductors. The surprise reshuffle announced on Tuesday comes as the tech giant's semiconductor business faces a crisis.
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May 21, 2024 | 
pulsenews.co.kr | Choi Seung-jin |Minu Kim
Samsung Electronics Co. Chairman Jay Y. Lee vowed Tuesday to contribute to global efforts in creating safe, innovative, and inclusive artificial intelligence (AI). "AI is fundamentally changing the way we live, work, and communicate with the world," Lee said at the AI Seoul Summit co-hosted by South Korea and the United Kingdom. The summit follows up on discussions from the AI Safety Summit held in Bletchley Park, UK, in November 2023.
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May 21, 2024 | 
pulse.mk.co.kr | Choi Seung-jin |Lee Eun-joo
Kioxia Holdings Corp., formerly the memory chip business of Toshiba Corp., and NAND flash memory solutions provider Solidigm achieved remarkable rebounds in the NAND market amid favorable conditions. The two companies, currently operated by South Korean chipmaker SK hynix Inc., suffered significant losses during the semiconductor downturn but have either returned to profitability or reduced losses.
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May 20, 2024 | 
pulsenews.co.kr | Choi Seung-jin |Lee Eun-joo
Kioxia Holdings Corp., formerly the memory chip business of Toshiba Corp., and NAND flash memory solutions provider Solidigm achieved remarkable rebounds in the NAND market amid favorable conditions. The two companies, currently operated by South Korean chipmaker SK hynix Inc., suffered significant losses during the semiconductor downturn but have either returned to profitability or reduced losses.
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May 8, 2024 | 
pulsenews.co.kr | Choi Seung-jin |Minu Kim
Samsung Medison, Samsung Electronics' subsidiary that specializes in medical devices, announced that it acquired French AI-based medical technology startup Sonio. The acquisition is viewed as a strategic move by Samsung to secure AI talent in the medical device sector and enhance its technological prowess. Samsung's foray into M&As comes just six months after its subsidiary, Harman, acquired music platform Roon in November 2023.
