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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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Jan 9, 2025 | 
kedglobal.com | Eui-Myung Park
LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has thrown down the gauntlet to frontrunners in an AI robot race by developing its original humanoid robots. “Robots are certainly the future of mankind,” LG Electronics Chief Executive Cho Joo-wan said on Wednesday at a press event on the sidelines of CES 2025 in Las Vegas.
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Jan 7, 2025 | 
kedglobal.com | Eui-Myung Park
LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has signed a strategic partnership with US tech giant Microsoft Corp. to combine their industry-leading technologies and lead artificial intelligence innovations.
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Dec 7, 2024 | 
kedglobal.com | Eui-Myung Park
Samsung Electronics Co. will enhance cooperation with its wholly owned US subsidiary Harman International Industries Inc. in in-vehicle technology to lead the burgeoning automotive electronics market set to grow to $470 billion in 2030. According to sources in the electronics industry, Samsung Electronics recently changed the name of the automotive electronics team under its device eXperience (DX) division to the Harman relations team during a company-wide business reorganization.
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Nov 27, 2024 | 
kedglobal.com | Jeong-Soo Hwang |Chae-yeon Kim |Eui-Myung Park
Samsung Electronics Co., the world’s No. 1 memory chipmaker, on Wednesday carried out a sweeping reshuffle of its leadership as it faces an uphill battle against rivals such as SK Hynix Inc. and Taiwan Semiconductor Manufacturing Co.The South Korean tech giant appointed Jun Young-hyun, vice chairman and chief executive of Samsung’s Device Solutions (DS) division, which oversees its semiconductor business, as its co-CEO.
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Nov 27, 2024 | kedglobal.com | Jeong-Soo Hwang |Chae-yeon Kim |Eui-Myung Park
Samsung Electronics Co., the world’s No. 1 memory chipmaker, on Wednesday carried out a sweeping reshuffle of its leadership as it faces an uphill battle against rivals such as SK Hynix Inc. and Taiwan Semiconductor Manufacturing Co.The South Korean tech giant appointed Jun Young-hyun, vice chairman and chief executive of Samsung’s Device Solutions (DS) division, which oversees its semiconductor business, as its co-CEO.
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Nov 26, 2024 | 
kedglobal.com | Jeong-Soo Hwang |Chae-yeon Kim |Eui-Myung Park
Samsung Electronics Co. plans to replace the three key posts of its semiconductor business – memory, foundry and System LSI – as the South Korean tech giant is struggling to compete with its rivals, particularly in the booming AI chips. Samsung, the world’s top memory chipmaker, will announce its major year-end executive reshuffles as early as Wednesday, people familiar with the matter said.
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Nov 26, 2024 | kedglobal.com | Jeong-Soo Hwang |Chae-yeon Kim |Eui-Myung Park
Samsung Electronics Co. plans to replace the three key posts of its semiconductor business – memory, foundry and System LSI – as the South Korean tech giant is struggling to compete with its rivals, particularly in the booming AI chips. Samsung, the world’s top memory chipmaker, will announce its major year-end executive reshuffles as early as Wednesday, people familiar with the matter said.
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Nov 21, 2024 | 
kedglobal.com | Eui-Myung Park
South Korea’s LG Innotek Co., a major contractor for Apple, said on Thursday it plans to spend 375.9 billion won ($268.4 million) next year on a new camera module factory in Vietnam under construction. The investment is part of its budget of 1.3 trillion won unveiled last year to more than double the capacity of its Vietnamese subsidiary by building a new plant at the production complex in Hai Phong, the country’s key industrial city.
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Nov 19, 2024 | 
kedglobal.com | Eui-Myung Park
Gaon Cable Co. said on Tuesday it has taken over the US arm of its parent company LS Cable & System Ltd. to beef up its business of mid-to-low voltage cables used to provide power to large-scale industrial sites and commercial buildings. The US unit operates a plant in the city of Tarbo, North Carolina. LS Cable owned 82% of the US arm, with Gaon holding the remainder. The transaction is expected to help LS Cable, owned by holding company LS Corp.
