LG Display shifts focus to OLED with $900 m investment
LG Display is reinvesting proceeds from the sale of its liquid crystal display (LCD) facility in China into its organic light-emitting diode (OLED) business, the company said on June 17. The South Kor...
Samsung, TSMC race to launch 2nm chip production in H2
Taiwan’s TSMC, the world’s largest semiconductor foundry, plans to begin mass production of its next-generation 2-nanometer process using gate-all-around (GAA) technology in the second half of this ye...
SK, AWS to build South Korea's largest AI data center in Ulsan
SK Group has partnered with Amazon Web Services (AWS), the world’s leading cloud services provider, to construct a massive artificial intelligence (AI) data center in the Ulsan Mipo National Industria...
LG Chem to sell water treatment unit to Glenwood PE for $1 bn
LG Chem has approved the sale of its water treatment filter business—currently ranked second globally in market share—for 1.4 trillion won ($ 1 billion). The decision was finalized during a board meet...
Samsung secures AMD contract for HBM3E 12-stack, clears defect concerns
Samsung Electronics has secured a key supply deal with AMD, with its fifth-generation 12-layer HBM3E memory selected for the chipmaker’s upcoming MI350 AI accelerators. The move marks a breakthrough f...
Kakao to build AI hub near Seoul in $434M push
Kakao, one of South Korea’s largest tech firms, plans to build a major artificial intelligence hub—including a hyperscale data center and research campus—in Namyangju, a city just northeast of Seoul, ...
Samsung and LG face setback as US expands steel tariffs
The U.S. Department of Commerce has significantly broadened the scope of its steel tariffs to include a wide array of household appliances, a move that could deal a blow to South Korean electronics gi...
Hyundai-affiliated robot 'Spot' advances on America's Got Talent
“Spot,” the four-legged robot developed by Boston Dynamics, an affiliate of Hyundai Motor Group, appeared on the American talent competition America’s Got Talent, delivering a tightly choreographed da...
Hanwha Group breaks 100 trillion won market cap for first time
Hanwha Group has surpassed 100 trillion won ($73 billion) in market capitalization for the first time, becoming the sixth South Korean conglomerate to reach the milestone. According to the Korea Excha...
Hanwha clears U.S. regulatory hurdle in bid for Austal stake
South Korea’s top defense contractor, Hanwha Group, has cleared a major regulatory hurdle in its effort to enter the U.S. naval shipbuilding market. Since March, the company has been working to acquir...