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Chip industry defies gloomy forecasts with AI chips, HBM boom

Sep 27, 2024 | pulse.mk.co.kr | Kang Gye-man |Seong Seung-hoon |Chang Iou-chung

The global semiconductor industry is thriving, thanks to the intensifying competition for next-generation AI technology alongside the sustained demand for high-bandwidth memory (HBM). This is a stark contrast to Morgan Stanley‘s recent gloomy forecast for the sector. SK hynix Inc. announced on Thursday that it has started mass production of the 5th-generation HBM3E 12-layer memory, which will be used in the latest AI chips.
LG AI Research named Korea’s first AI ethics certification agency

Sep 23, 2024 | pulse.mk.co.kr | Kang Gye-man |Han Yubin

LG AI Research, an artificial intelligence (AI) think tank under LG Group, has been designated as South Korea’s first institution dedicated to ethics evaluation and certification for AI by a global standardization body. LG AI Research said Monday that it signed an agreement with the Institute of Electrical and Electronics Engineers Standards Association (IEEE SA), an operating unit of IEEE that develops global standards in various industries, including AI systems.
Samsung Electronics chief examines home appliance technology

Sep 10, 2024 | pulse.mk.co.kr | Kang Gye-man |Han Yubin

Samsung Electronics Co. Chairman Jay Y. Lee examined the company’s home appliance business site in Suwon, Gyeonggi Province, on Monday, as part of hands-on management. Lee asked the employees questions, such as “Is the technology proprietary to Samsung Electronics?” or “How innovative are our innovations?”During his visit, Lee spent more than one hour discussing key home appliance strategies and future technology roadmaps.
Samsung to help prevent work-related musculoskeletal disorders

Sep 8, 2024 | pulse.mk.co.kr | Kang Gye-man |Han Yubin

Samsung Electronics Co. is committed to preventing musculoskeletal disorders in its workers by improving the working conditions at all its offices and plants. The company has introduced healthcare facilities dedicated to protecting workers from work-related musculoskeletal disorders. The centers conduct health checkups for employees and suggest how to protect workers from physically demanding manufacturing processes.
Samsung Electro-Mechanics, LG Innotek unveil next-gen chip substrates

Sep 4, 2024 | pulse.mk.co.kr | Kang Gye-man |Han Yubin

Samsung Electro-Mechanics Co. and LG Innotek Co. are showcasing their cutting-edge substrates at the International Electronics Circuits and Packaging Show (KPCA Show 2024) that kicked off on Wednesday. The two companies are highlighting advanced technologies, including glass substrates and flip-chip ball grid arrays (FC-BGA) designed to be used for artificial intelligence (AI) and servers. The KPCA Show is taking place in Songdo, Incheon, until Friday.
Samsung, Hyundai Motor groups pay suppliers early for Chuseok

Sep 1, 2024 | pulse.mk.co.kr | Kang Gye-man |Moon Gwang-min |Chang Iou-chung

Samsung Group and Hyundai Motor Group are advancing payments to their suppliers ahead of the Chuseok holiday, demonstrating their commitment to mutually beneficial business practices. The group announced on Sunday that 12 of its members will pay about 870 billion won ($650 million) to their suppliers up to 15 days ahead of schedule., Samsung affiliates have been increasing payment cycles from twice a month to three to four times a month since 2011 to strengthen cooperation with their partners.
Intel’s potential foundry restructuring may raise Samsung’s market share

Sep 1, 2024 | pulse.mk.co.kr | Kang Gye-man |Yoon Yeon-hae

South Korean semiconductor companies, including Samsung Electronics Co., are expected to be affected by Intel Corp.’s possible restructuring of its foundry business. In 2021, Intel re-entered the semiconductor foundry market with an aim to achieve the No.2 position globally. However, it is now reportedly considering suspending or withdrawing some related investment projects, potentially separating or selling its foundry unit.
LG Electronics to unveil new AI-powered washer at IFA

Aug 22, 2024 | pulse.mk.co.kr | Kang Gye-man |Han Yubin

LG Electronics Inc. will launch a new artificial intelligence (AI)-powered front-loading washing machine in Europe. The South Korean company announced on Thursday that it will debut the 25-inch AI washing machine at IFA 2024, the world’s largest consumer and home electronics show. The event will kick off in Berlin, Germany, on September 6. The new model, one inch wider than Europe’s standard 24-inch washing machines, offers a washing capacity of 16 kilograms.
LG Electronics aims for new growth with three strategic areas

Aug 21, 2024 | pulse.mk.co.kr | Kang Gye-man |Chang Iou-chung

LG Electronics Inc. has identified three key growth areas with which it aims to generate more than 1 trillion won ($750 million) in annual revenue: appliance subscription services, advertising, and content business on its web operating system (OS), and cooling system chillers. Chief Executive Officer Cho Joo-wan outlined the company’s new growth strategies at an investor forum on Tuesday.
SK hynix’s debt drops significantly despite large investments in HBM

Aug 7, 2024 | pulse.mk.co.kr | Kang Gye-man |Yoon Yeon-hae

South Korea’s SK hynix Inc., a leading player in the global artificial intelligence (AI) memory semiconductor market, is reportedly set to reduce its net debt by over 5 trillion won ($3.67 billion) in the second half of 2024. It is also expected to cut more than 10 trillion won in net debt on an annual basis.