Samsung boss could be set free by one of his biggest critics, Moon Jae-in
The dramatic reversal reflects South Korea’s claustrophobic politics, where government leaders and big business are so dependent on each other that favoritism can trump the law.
Decarbonization drive creates supply chain challenges for corporate Japan
Gone are the days when Japan was dominant in semiconductor and battery production, industries that are increasingly relevant in the modern world.
South Korea unveils $450 billion push to seize global chipmaking crown
Samsung Electronics and SK Hynix will lead more than 510 trillion won of investment in semiconductor research and production in the years to 2030 under a national blueprint devised by Moon.
Samsung windfall gives richest South Korean woman $7 billion fortune
Hong Ra-hee boosted her fortune after receiving billions of dollars in stocks in the much-awaited transfer of her husband’s assets.
Global chip shortage hits Apple, BMW and Ford as crisis worsens
The shortfall of critically needed parts has forced the auto industry to cut output, leaving thin inventories at dealerships just as consumers emerge from COVID-19 lockdowns.
Samsung unveils next-gen memory for data-hungry AI and computers
DDR5 memory will be twice as fast as the current DDR4 while reducing leakage and using about 13% less power, the company wrote in its announcement.
Samsung reports profitable quarter but warns of weaker outlook
Samsung Electronics Co. warned earnings in the current quarter will decline, saying the strong growth in its mobile and memory business that helped third-quarter profits will ease amid intensifying competition and weakening demand. The world’s largest maker of memory chips and personal electronics said net ...
Lee Kun-hee, who transformed Samsung Electronics, dies at 78
Lee built the company into the electronics powerhouse of today, becoming synonymous with the rise of South Korea on a global economic stage.
Huawei controversy opens field for 5G challengers, including Japan's NEC
Washington has pushed allies to bar Huawei from building next-generation 5G mobile networks, claiming its equipment can be used to spy for Beijing.
South Korea seeks arrest of Samsung heir in succession probe
South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee, they said on Thursday, in the investigation of a controversial 2015 merger and alleged accounting fraud in a suspected bid to aid his succession plans. The move spells fresh trouble ...
Huawei launches Mate XS foldable smartphone with better screen
Huawei unveiled an upgrade to its folding smartphone on Monday, hoping that a faster phone with higher-quality display will encourage consumers to spend as much as $2,700 for the top-of-the-range version. The new Mate XS arrives a year after the Chinese tech giant showed off ...
In South Korea's deadly shipyards, subcontracted workers most at risk
Park Chol-hee was working a holiday shift at Samsung Heavy Industries' Geoje shipyard on Labor Day in 2017 when a giant crane collided with another and crashed to ground, killing six people, including Park's younger brother. "It was as if a bomb was dropped," Park ...
