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1 week ago | 
pulse.mk.co.kr | Park So-ra |Park Seung-joo |Lee Sang-duk |Han Yubin
The series of tariffs announced by the United States are casting a dark cloud on South Korea’s information technology (IT) industry, with possible duties expected on smartphones, computers, and other electronic devices. According to multiple sources from the IT industry on Monday, the U.S. accounts for more than 30 percent of the entire revenue for Samsung Electronics Co. and SK hynix Inc. Their performance could fluctuate significantly depending on how the U.S. sets the tariff rates.
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2 weeks ago | 
pulse.mk.co.kr | Park So-ra |Han Yubin
LG Electronics Inc. plans to grow its audio business into one that generates annual revenues in the trillion-won range. By elevating speakers – once considered merely accessories to TVs – into a standalone business sector, LG Electronics aims to target the global audio device market, which is estimated to be worth 50 trillion won.
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3 weeks ago | 
pulse.mk.co.kr | Park So-ra |Lee Sang-duk |Park Seung-joo |Han Yubin
Samsung Electronics Co. has appointed its mobile division chief, Roh Tae-moon, as the acting head of its Device eXperience (DX) division on Tuesday, following the sudden death of his predecessor, Han Jong-hee. Roh will oversee the division, which includes the TV, home appliance, and smartphone businesses. Roh, who has been with Samsung Electronics since 1997, has played a key role in the success of the Galaxy phones and recently led the expansion of new markets with the Galaxy S25 series.
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1 month ago | 
pulse.mk.co.kr | Park So-ra |Han Yubin
Samsung Electronics Co. Executive Chairman Jay Y. Lee visited China on Sunday to attend the China Development Forum (CDF), a high-level event dubbed as the Chinese Davos Forum, for the first time in 2 years. This move is seen as an effort to strengthen Samsung’s position in the Chinese market despite the intensifying U.S.-China conflict. The two-day CDF is being held at the Diaoyutai State Guesthouse in Beijing. Alongside Lee, Kwak Noh-jung, president of SK hynix, also attended the event from Korea.
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1 month ago | 
pulse.mk.co.kr | Park So-ra |Han Yubin
Samsung Group’s compliance committee said its corporate strategy office, known as its “control tower,” needs to be added back on the conglomerate structure. Lee Chan-hee, chairman of the compliance committee at Samsung Group, said on Tuesday ahead of the committee’s third regular meeting that discussion on rebuilding the office is underway. Amid concerns over the company losing its technological edge, Samsung Electronics Chairman Jay Y.
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1 month ago | 
pulse.mk.co.kr | Park So-ra |Han Yubin
Samsung Electronics Co. and its labor union have reached a tentative agreement on wages for 2025, including an average 5.1 percent pay raise. The agreement was reached 48 days after the two parties launched negotiations on January 7. Under the tentative wage deal, Samsung Electronics has set an average wage increase at 5.1 percent which includes a 3 percent increase in basic pay and 2.1 percent increase in performance.
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2 months ago | 
pulse.mk.co.kr | Park So-ra |Han Yubin
South Korea’s chip equipment maker Hanmi Semiconductor Co. said it see its operating profit margin at an overwhelming 46 percent in 2024, the highest since the company’s inception. Hanmi Semiconductor earned 558.9 billion won in sales and 255.4 billion won ($174 million) an operating profit for 2024. Sales surged by 251 percent and operating profit skyrocketed by 638 percent from a year ago.
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Jan 22, 2025 | 
pulse.mk.co.kr | Park So-ra |Han Yubin
South Korea’s LG Display Co. managed to swing to an operating profit in the fourth quarter of last year, signaling the start of a full-fledged recovery. LG Display announced on Wednesday that its operating profit stood at 83.1 billion won ($57.8 million) in the fourth quarter of 2024 on sales of 7.8 trillion won. For the full year, LG Display logged an operating loss of 560.6 billion won on sales of 26.6 trillion won.
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Jan 13, 2025 | 
pulse.mk.co.kr | Park So-ra |Park Seung-joo |Han Yubin
Taiwan Semiconductor Manufacturing Co. (TSMC) has begun mass production of advanced four-nanometer (nm) chips in Arizona, United States. “For the first time ever in our country’s history, we are making leading edge four-nanometer chips on American soil, American workers - on par in yield and quality with Taiwan,” U.S. Commerce Secretary Gina Raimondo told Reuters in an interview released on Saturday. “That’s a big deal - never been done before, never in our history.
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Jan 12, 2025 | 
pulse.mk.co.kr | Park So-ra |Han Yubin
Samsung Electronics Co.’s startup accelerator, Samsung C-Lab, promoted the startups it supports at CES 2025. A total of 15 startups showed their achievements at the 2025 edition of the trade fair in the United States. Samsung C-Lab was an in-house startup program by Samsung Electronics to encourage its employees to come up with innovative ideas. The startup accelerator has since offered support to 912 startups, including 406 in-house projects and 506 startups outside the company.
