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AI Boom Transforms Memory Chip Sales Strategies
BusinessKorea Herald5d ago

AI Boom Transforms Memory Chip Sales Strategies

The surge in artificial intelligence is fundamentally altering how the world's leading memory chipmakers, including Samsung Electronics, SK hynix, and Micron Technology, produce and sell their products, leading to new customer engagement models.

Samsung Explains Display-Less Design of First AI Glasses
TechnologyKorea Herald12d ago

Samsung Explains Display-Less Design of First AI Glasses

Choi Jae-in, head of Samsung Electronics' extended reality R&D team, briefed reporters on the company's first AI glasses, emphasizing the challenge of creating a wearable device people want to use daily, which led to the decision to omit a display.

AI Boom Sparks Patent Disputes for South Korean Chipmakers
BusinessKorea Herald14d ago

AI Boom Sparks Patent Disputes for South Korean Chipmakers

The rapid growth in artificial intelligence chips is creating new legal challenges for South Korean chipmakers, with Samsung Electronics and SK hynix reportedly facing a US class action lawsuit. The suit alleges coordinated cuts in conventional DRAM supply while capacity shifted towards AI chips, raising patent stakes.

South Korean Tech Giants Seal $950 Billion AI Chip Deals with US Firms
Technologybloombergtvn24Korea Herald+2channel-news-asiaexpress-tribune23d ago5 sources

South Korean Tech Giants Seal $950 Billion AI Chip Deals with US Firms

Samsung Electronics and SK Group have secured approximately $950 billion in AI chip partnerships with major US tech companies, including a $200 billion deal between Samsung and Broadcom. These agreements aim to boost South Korea's foundry capabilities and strengthen its position in the global AI industry.

Samsung Cuts US Jobs Amid Headquarters Relocation to Texas
BusinesscnbcYahoohindustan-times+6indian-expressndtvchannel-news-asiaseeking-alphaexpress-tribunemyjoyonline28d ago9 sources

Samsung Cuts US Jobs Amid Headquarters Relocation to Texas

Samsung Electronics America is cutting hundreds of jobs and offering relocation packages as it moves its US headquarters to Texas. The job cuts affect 739 roles, primarily in consumer electronics.

Samsung Accelerates Yongin Chip Plant Launch to 2029
BusinessFTTimes of Indiaindian-express+3Korea Heraldchannel-news-asiaseeking-alpha1mo ago6 sources

Samsung Accelerates Yongin Chip Plant Launch to 2029

Samsung Electronics plans to advance the start of its chip factory in Yongin, South Korea, to 2029, signaling a strategic move in the semiconductor industry. This decision comes as investors re-evaluate their positions on Asian chipmakers.

Samsung and SK Hynix Narrow Search for New Chip Fab Sites in South Korea
WorldKorea Herald1mo ago

Samsung and SK Hynix Narrow Search for New Chip Fab Sites in South Korea

Samsung Electronics and SK Hynix are evaluating potential locations for new chip fabrication plants in Gwangju and South Jeolla Province. This move is supported by the government's 800 trillion won ($514.7 billion) semiconductor investment plan aimed at expanding domestic chip production.

Samsung, SK hynix lead Korea's W900tr chip push to turn AI demand into industrial leap
BusinessorfKorea Herald1mo ago2 sources

Samsung, SK hynix lead Korea's W900tr chip push to turn AI demand into industrial leap

South Korea is betting nearly 900 trillion won ($583 billion) that the artificial intelligence boom will create enough demand for memory chips to justify building an entirely new semiconductor production belt outside the Seoul metropolitan area. At Monday's presidential public briefing on the government's three megaprojects, executives from Samsung Electronics and SK hynix unveiled plans to invest nearly 900 trillion won in new semiconductor facilities, including four memory fabs in the southwes

SK Hynix Overtakes Samsung as South Korea's Most Valuable Company
Businessbloombergberlingskeder-standard+12telexdie-presseindex-hrYahoocapital-bgindian-expresscyprus-mailklix-ba+4 more1mo ago15 sources

SK Hynix Overtakes Samsung as South Korea's Most Valuable Company

SK Hynix has surpassed Samsung to become South Korea's most valuable company by market capitalization, driven by the booming artificial intelligence sector. This marks a significant shift in the country's corporate landscape after Samsung held the top spot for 26 years.

Samsung Unveils HBM5 Mockup and New AI Memory Technology
BusinessKorea Herald2mo ago

Samsung Unveils HBM5 Mockup and New AI Memory Technology

Samsung Electronics showcased a mockup of its HBM5 memory and a new heat-management technology at Computex 2026, signaling its strong ambition to regain leadership in the competitive artificial intelligence memory market against rivals like SK hynix.

Samsung Workers Secure Record Bonuses, Averting Strike
BusinessReutersbloombergFT+21The GuardiantagesschaufazDWle-figaroFrance 24orfaktualne-cz+13 more2mo ago24 sources

Samsung Workers Secure Record Bonuses, Averting Strike

Samsung employees have approved a wage deal that includes significant bonuses, with some memory chip staff set to receive up to £310,000, following strong AI-driven profits. This agreement successfully averted a potential strike by the company's unions.

Samsung Leads Smartphone Markets in Emerging Regions in Q1
BusinessKorea Heraldyonhap-english2mo ago2 sources

Samsung Leads Smartphone Markets in Emerging Regions in Q1

Samsung Electronics has emerged as the leader in smartphone markets across South America, the Middle East, and Southeast Asia during the first quarter. The company topped emerging markets with its strong performance.

Samsung Union Suspends Strike After Wage Deal, Faces Shareholder Backlash
BusinessReuterscnbcFrance 24+5straits-timesKorea Heraldchannel-news-asiayonhap-englishexpress-tribune2mo ago8 sources

Samsung Union Suspends Strike After Wage Deal, Faces Shareholder Backlash

Samsung Electronics' union has suspended its strike after reaching a tentative wage deal with the company. However, a group of shareholders has vowed legal action against the agreement, raising concerns about its financial implications.

Leveraged Samsung, SK Hynix ETFs to Debut
BusinessKorea Herald2mo ago

Leveraged Samsung, SK Hynix ETFs to Debut

Leveraged exchange-traded funds linked to Samsung Electronics and SK hynix are set to debut with an initial listing price of 20,000 won, offering cheap entry but high risk.

Samsung Electronics Workers Launch Strike After Wage Talks Collapse
TechnologyReutersbloombergwsj+13The GuardiancnbcfazSCMPThe IndependentYahooindian-expressstraits-times+5 more2mo ago16 sources

Samsung Electronics Workers Launch Strike After Wage Talks Collapse

Samsung Electronics is facing a major strike by its workers' union following the collapse of negotiations over wages and bonuses. The industrial action, involving thousands of employees, could impact the company's operations, particularly in chip production.

Samsung Union Plans Strike After Wage Talks Fail
BusinessSCMPKorea Herald3mo ago2 sources

Samsung Union Plans Strike After Wage Talks Fail

Samsung Electronics is facing a significant strike by its union after wage negotiations failed, prompting the company to enter an 'emergency mode.' The planned walkout has fueled fears of a potential economic slowdown in South Korea.

Samsung Elec Regrets Collapse of Pay Talks with Union, Vows Continued Dialogue
TechnologyKorea Heraldchannel-news-asia3mo ago2 sources

Samsung Elec Regrets Collapse of Pay Talks with Union, Vows Continued Dialogue

Samsung Electronics management and its labor union failed to reach an agreement on performance-based bonuses during government-led mediation talks, leading to a potential strike. The company has expressed regret over the collapse of negotiations and stated its intention to continue dialogue with the union.

Samsung Galaxy Watch Can Predict Fainting Episodes
Healthindian-expressKorea Herald3mo ago2 sources

Samsung Galaxy Watch Can Predict Fainting Episodes

Samsung Electronics announced that its Galaxy Watch is capable of predicting vasovagal syncope, or fainting episodes, up to five minutes in advance. This new feature aims to provide users with early warnings for potential health incidents.

Samsung Electronics Hits $1 Trillion Market Cap on AI Chip Demand
BusinessbloombergFTcnbc+17berlingskele-figaroSCMPder-standardFrance 24orfrzeczpospolitatvn24+9 more3mo ago20 sources

Samsung Electronics Hits $1 Trillion Market Cap on AI Chip Demand

Samsung Electronics has achieved a $1 trillion market capitalization, becoming one of the few non-US companies to reach this milestone, largely fueled by the surging demand for AI chips.

Citi Flags Strike Risk for Samsung Earnings
TechnologyKorea Herald3mo ago

Citi Flags Strike Risk for Samsung Earnings

Citigroup has warned that escalating labor tensions, including a potential strike and large bonus provisions, could negatively impact Samsung Electronics' near-term earnings and share price.

Samsung Unveils Next-Generation AI Memory Technology and 3D-Memory Roadmap
BusinessbloomberghotnewsKorea Herald+1channel-news-asia12d ago4 sources

Samsung Unveils Next-Generation AI Memory Technology and 3D-Memory Roadmap

Samsung Electronics has launched its next-generation AI memory technology, including the industry's first zHBM concept, aiming for an eight-fold performance increase over HBM5. The company also revealed a new 3D-memory roadmap as it seeks to lead in AI technology.

Multiple Companies Report Strong Q2 Earnings, Exceeding Analyst Expectations
BusinessBBCbloombergFT+22The Guardianyle-uutisetcnbchelsingin-sanomatnostagesschauberlingskele-figaro+14 more18d ago25 sources

Multiple Companies Report Strong Q2 Earnings, Exceeding Analyst Expectations

Several companies, including MarketAxess, Jones Lang LaSalle, APi Group, and Regeneron, have reported robust second-quarter earnings that largely surpassed analyst estimates for both EPS and revenue. Regeneron notably saw a rise in its stock following strong performance driven by its high-dose Eylea.

Samsung Establishes New Robotics Division for Humanoid Robots
BusinesscnbcYahooklix-ba+3Korea Heraldchannel-news-asiaseeking-alpha27d ago6 sources

Samsung Establishes New Robotics Division for Humanoid Robots

Samsung Electronics has consolidated its robotics efforts into a new CEO-led division based in Seoul, signaling a strategic push into physical AI and humanoid robots, which has led to a rise in its share prices.

Samsung Supplies HVAC Systems to Saudi Mosques
BusinessKorea Herald1mo ago

Samsung Supplies HVAC Systems to Saudi Mosques

Samsung Electronics announced it is supplying over 1,000 ceiling-mounted air conditioners to approximately 100 mosques across eight Saudi cities, marking a significant push into commercial HVAC projects in the Middle East.

Samsung Denies Reports of Exploring US Share Listing via ADRs
TechnologybloombergYahoochannel-news-asia+1seeking-alpha1mo ago4 sources

Samsung Denies Reports of Exploring US Share Listing via ADRs

Samsung Electronics denied Bloomberg News reports that it was exploring a potential US listing through American Depositary Receipts (ADRs). The initial reports suggested Samsung was in early discussions regarding a US share sale.

Memory Chipmakers Boost Production for AI Demand
BusinessKorea Herald1mo ago

Memory Chipmakers Boost Production for AI Demand

Samsung Electronics, SK hynix, and Micron Technology, the world's leading memory chipmakers, are rapidly expanding their production capacity to meet the surging demand for artificial intelligence infrastructure.

Asian Markets Decline Following Wall Street Tech Selloff
BusinessbloombergNYTFT+17le-mondecnbcle-figaroNHK WorldvgmarketwatchThe IndependentYahoo+9 more1mo ago20 sources

Asian Markets Decline Following Wall Street Tech Selloff

Asian stock markets, particularly in South Korea and Japan, experienced significant declines as a tech selloff on Wall Street impacted investor sentiment. Shares of major chipmakers like Samsung Electronics and SK Hynix tumbled, contributing to broader market losses.

South Korean KOSPI Rallies After 10% Plunge in Chip Stocks
Financemarketwatch1mo ago

South Korean KOSPI Rallies After 10% Plunge in Chip Stocks

South Korea's KOSPI stock market, particularly major chip stocks like Samsung Electronics and SK Hynix, experienced a dramatic 10% plunge after investor concerns over excessive speculation. The market is now showing signs of recovery, with chip makers regaining some ground after the selloff.

Samsung HBM4 Chip Sales Exceed $1 Billion
BusinessKorea Herald1mo ago

Samsung HBM4 Chip Sales Exceed $1 Billion

Samsung Electronics Co. has announced that sales of its sixth-generation high bandwidth memory chips, HBM4, have surpassed US$1 billion within four months of their launch.

South Korea Overtakes India as World's Sixth-Largest Stock Market
BusinessbloombergTimes of Indiajapan-times2mo ago3 sources

South Korea Overtakes India as World's Sixth-Largest Stock Market

South Korea has surpassed India to become the world's sixth-largest stock market by capitalization, with memory chipmakers Samsung Electronics and SK Hynix powering the country's equity surge. This shift reflects changes in global market valuations and investor sentiment.

Mirae Asset Launches Leveraged Samsung and SK Hynix Funds
BusinessKorea Herald2mo ago

Mirae Asset Launches Leveraged Samsung and SK Hynix Funds

Mirae Asset has attracted a record 2.4 trillion won for Korea's first single-stock leveraged products, betting on foreign demand for funds tied to Samsung Electronics and SK Hynix. This move indicates a strong market interest in high-leverage investment opportunities in major Korean tech companies.

KOSPI Daily Turnover Reaches Record High Amid Stock Rally
BusinessKorea Heraldyonhap-english2mo ago2 sources

KOSPI Daily Turnover Reaches Record High Amid Stock Rally

The KOSPI's daily turnover has exceeded 40 trillion won for the first time, driven by a strong stock rally. Despite this, foreign investors have reportedly dumped 10 trillion won in Samsung Electronics and SK Hynix stocks last week.

TechnologyReutersstraits-times2mo ago2 sources

Samsung Averts Strike, Large Bonuses Spark Controversy

Samsung Electronics successfully averted a potential strike, leading to a surge in its shares. However, the revelation of substantial bonuses for some employees has ignited controversy and raised concerns across South Korean industries.

Samsung Union Halts Strike Plans, Puts Wage Deal to Vote
BusinessAPReutersAl Jazeera+24dr-dknzzyle-uutisettagesschauberlingskesvenska-dagbladetFrance 24tvn24+16 more2mo ago27 sources

Samsung Union Halts Strike Plans, Puts Wage Deal to Vote

Samsung Electronics' largest labor union has called off its planned strike, putting a tentative wage agreement to a vote among its members. The decision follows a breakdown in earlier wage talks that had threatened the company with its first-ever major strike.

Samsung and Union Resume Talks, Halting Stock Decline
Businesszerohedge3mo ago

Samsung and Union Resume Talks, Halting Stock Decline

Samsung and its union have resumed talks following a labor action scare, which has helped to halt downward momentum in South Korean stocks. Optimism returned to Samsung Electronics as negotiations recommenced, easing investor concerns.

Samsung Electronics, Union Resume Talks Amid Strike Threat
TechnologyReutersstraits-timesKorea Herald+2yonhap-englishzerohedge3mo ago5 sources

Samsung Electronics, Union Resume Talks Amid Strike Threat

Samsung Electronics and its labor union are set to resume negotiations on May 18, aiming to resolve pay disputes and avert a looming strike. The company's chairman has apologized to customers and called for unity amidst the labor tensions.

Samsung Chairman Urges Union to Resolve Pay Disputes
BusinessReuterschannel-news-asiaseeking-alpha+1star-malaysia3mo ago4 sources

Samsung Chairman Urges Union to Resolve Pay Disputes

Samsung Electronics' board chairman has publicly urged the company's union to resolve ongoing pay disputes. This call comes amidst continued negotiations over employee compensation.

Samsung Secures $200 Billion Broadcom AI Chip Deal
BusinesscnbcKorea Heraldseeking-alpha+1express-tribune23d ago4 sources

Samsung Secures $200 Billion Broadcom AI Chip Deal

Samsung Electronics has secured a significant $200 billion partnership with Broadcom for AI chip production, solidifying South Korea's role in the global AI supply chain and boosting Samsung's foundry business.

South Korea Scrambles to Regulate Chip-Leveraged ETFs
BusinessKorea Herald1mo ago

South Korea Scrambles to Regulate Chip-Leveraged ETFs

South Korea's financial regulators are working to curb the influence of leveraged exchange-traded funds (ETFs) tracking top chipmakers like Samsung Electronics and SK hynix, weeks after approving them to deepen the market.

Samsung Reports 1,800% Profit Surge Driven by AI Chip Demand
BusinessBBCbloombergNYT+24FTcnbctagesschaufazberlingskele-figaroder-standardFrance 24+16 more1mo ago27 sources

Samsung Reports 1,800% Profit Surge Driven by AI Chip Demand

Samsung Electronics announced an 1,800% increase in its operating profit, largely attributed to strong demand for AI memory chips. Despite these record earnings, South Korean stock markets experienced a significant decline.

Samsung and SK Hynix Battle for Kospi's Top Spot
WorldKorea Herald1mo ago

Samsung and SK Hynix Battle for Kospi's Top Spot

Samsung Electronics' 26-year reign as the most valuable company on the benchmark Kospi index was briefly challenged by its rival SK Hynix. While Samsung's lead remains strong, the competition for the number one spot is intensifying.

Samsung, SK hynix eyed for chip investment in Korea's southwest
BusinessKorea Herald2mo ago

Samsung, SK hynix eyed for chip investment in Korea's southwest

Samsung Electronics and SK hynix are being considered as potential investors for new semiconductor facilities in Korea's Honam region, raising hopes for the area to host its first major chip production base, despite both companies stating no such plans exist yet.

Samsung Ships First HBM4E AI Memory Chip Samples, Shares Surge
BusinessReutersbloombergwsj+8FTcnbcdie-pressemarketwatchstraits-timesKorea Heraldchannel-news-asiaseeking-alpha2mo ago11 sources

Samsung Ships First HBM4E AI Memory Chip Samples, Shares Surge

Samsung Electronics has begun shipping samples of its advanced HBM4E AI memory chips to global customers, positioning itself as a leader in the AI memory race. This development led to a significant surge in Samsung's shares, despite a minority union's challenge to a pay deal.

Samsung Averts Strike with Last-Minute Union Deal, Boosts Stocks
TechnologyBBCbloombergFT+9cnbctagesschaufazmarketwatchhotnewsjutarnji-listjapan-timesKorea Herald+1 more2mo ago12 sources

Samsung Averts Strike with Last-Minute Union Deal, Boosts Stocks

Samsung Electronics reached a last-minute agreement with its union, averting a planned strike over wage disputes and bonus payments. This tentative deal led to a surge in Korean stock markets.

Google Unveils New AI Smart Glasses, Returns to Market
TechnologyReutersBBCbloomberg+18NYTdr-dkcnbchelsingin-sanomatberlingskele-figaroorfrzeczpospolita+10 more2mo ago21 sources

Google Unveils New AI Smart Glasses, Returns to Market

Google has unveiled new AI-powered smart glasses, marking its return to the smart glasses market over a decade after the initial Google Glass. The company, in collaboration with Samsung, provided a first glimpse of the device ahead of its anticipated fall launch.

Samsung, Union Hold Urgent Talks to Avert Strike Amid Court Ruling
BusinessReutersFTcnbc+8SCMPnikkei-asiahotnewsstraits-timesjapan-timesKorea Heraldseeking-alphaDaily Maverick3mo ago11 sources

Samsung, Union Hold Urgent Talks to Avert Strike Amid Court Ruling

Samsung Electronics and its union are holding urgent negotiations to prevent a major strike over wage and bonus disputes, which could significantly impact global semiconductor supply chains. These talks are taking place as a court has issued a partial injunction limiting the union's planned walkout.

South Korea Seeks to Avert Samsung Worker Strike Amid Economic Concerns
BusinessReutersbloombergorf+8tvn24nikkei-asiastraits-timesjapan-timesKorea Heraldchannel-news-asiayonhap-englishnewsbeast3mo ago11 sources

South Korea Seeks to Avert Samsung Worker Strike Amid Economic Concerns

South Korean authorities are actively working to prevent a major strike by Samsung workers, citing potential threats to the national economy. Negotiations between Samsung and its labor union are ongoing in a 'last chance' effort to reach an agreement.

Samsung Union Proceeds With Strike Plan After Talks Fail
BusinessReutersstraits-timesKorea Herald+2channel-news-asiaseeking-alpha3mo ago5 sources

Samsung Union Proceeds With Strike Plan After Talks Fail

Samsung Electronics' union in South Korea has decided to proceed with its strike plan, rejecting management's offer for further talks. This decision has led to a slump in the company's shares.

Samsung Focuses on Wearable Tech for Runners
BusinessKorea Herald3mo ago

Samsung Focuses on Wearable Tech for Runners

Samsung Electronics highlighted how its Galaxy Watch and Samsung Health platform support runners with training and recovery, positioning it as a long-term strategy in Korea's growing running market.

Samsung Electronics Faces Labor Dispute Over Bonus Distribution
BusinessKorea Herald3mo ago

Samsung Electronics Faces Labor Dispute Over Bonus Distribution

Samsung Electronics is grappling with an escalating labor dispute concerning bonus distribution, drawing international attention. Concerns are rising that potential disruptions at the world's largest memory chip-maker could impact the global semiconductor supply chain.

Samsung Electronics Appoints New Head of TV Business
TechnologyReutersder-standarddie-presse+5indian-expressKorea Heraldchannel-news-asiayonhap-englishseeking-alpha3mo ago8 sources

Samsung Electronics Appoints New Head of TV Business

Samsung Electronics has announced the appointment of a new head for its visual display business, which oversees its television division. The move comes amid increasing competition in the market.

Samsung Chip Profit Soars Nearly 50-Fold on Strong AI Demand
BusinessReutersbloombergwsj+17cnbcberlingskeSCMPder-standardhvgpolitikenobservadorhotnews+9 more3mo ago20 sources

Samsung Chip Profit Soars Nearly 50-Fold on Strong AI Demand

Samsung Electronics announced a nearly 50-fold increase in its chip profit, contributing to a record quarterly profit, largely fueled by surging global demand for AI chips. This trend is also impacting other memory chip makers like SK Hynix and Murata, who are reporting record supply shortages.