Articles by Son Ji-hyoung
Son Ji-hyoung
consnow@heraldcorp.com-
Heads of Samsung, SoftBank meet in Seoul
Samsung Electronics Vice Chairman Lee Jae-yong and SoftBank founder Masayoshi Son held talks on Tuesday over ways for a strategic alliance between the chips-to-mobile giant and SoftBank-backed chip intellectual property giant Arm, according to industry sources on Wednesday. The meeting at Samsung Electronics’ Seoul office was also accompanied by Samsung’s co-CEO Kyung Kye-hyun, who oversees semiconductor business, and mobile business chief Roh Tae-moon, as well as Arm CEO R
Technology Oct. 5, 2022
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SK hynix seeks full autonomy on neon supply chain by 2024
South Korean memory chip manufacturer SK hynix on Wednesday pledged to achieve a 100 percent procurement of domestically produced neon gas, a critical material for chip production, by 2024. SK hynix added that 40 percent of neon gas used for chip production is already locally produced in Korean chipmakers' bid to stabilize chip supply chain and reduce their reliance on imports of the specialty gas. Neon gas makes up about 95 percent of excimer laser, a ultraviolet light source for photolith
Technology Oct. 5, 2022
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LG chairman urges execs to define future of customer experience
LG Group Chairman and Chief Executive Officer Koo Kwang-mo called on some 30 executives across Korea's fourth-largest business group to define the future of customer experience, and the start of it could be identifying who their future customers will be. "LG's key to having an upper hand in the future lies in our unique customer experience, products, solutions and brand value," Koo told executives at a workshop with executives on Thursday in Gwangju, Gyeonggi Province. "Thi
Industry Sept. 30, 2022
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Chip wafer maker SK Siltron to invest W2.3tr by 2026
South Korean semiconductor chip wafer supplier SK Siltron announced Thursday that it plans to invest a combined 2.3 trillion won ($1.6 billion) over the course of five years until 2026. The capital will be used to increase the production capacity for its wafer plants in Gumi, North Gyeongsang Province. SK Siltron will also create 1,000 new jobs for its wafer plants. As part of the plan, SK Siltron's board on Thursday approved a 855 billion won spending plan to expand the production capacity fo
Technology Sept. 29, 2022
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SK On, Global Lithium join forces for battery material supply
South Korean lithium-ion battery cell maker SK On and Australian mining company Global Lithium Resources have signed a two-year nonbinding agreement over the supply of critical materials for batteries used in electric cars. The two companies agreed to explore future business opportunities including the potential development of downstream battery-grade lithium assets for at least two years in western Australia. Under the agreement, SK On also pledged to support Global Lithium's capital rai
Technology Sept. 29, 2022
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LG publishes 1st groupwide ESG report
South Korea's consumer electronics-to-battery conglomerate LG Group has published its first annual report that revolves around its groupwide efforts to tackle environmental, social and governance issues, a holding company LG Corp. announced Wednesday. This is in line with the group's push to disclose nonfinancial performance such as actions to fight climate change, reduce and recycle waste, offer financial supports to vendors and local communities, as well as ensure boardroom diversity
Technology Sept. 28, 2022
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[Herald Interview] Why Korean chip engineers should watch next-gen standard
More servers require faster semiconductor speeds in high performance computing technologies, to meet the growing demand for big data analytics and autonomous mobility. But a disparity in transfer speed between processors and memory chips have long been an obstacle for further computing system performance improvement, often creating a network bottleneck within a chipset. This is why memory chip engineers should get a load of the next-generation interconnect standard blueprints, although they are
Technology Sept. 28, 2022
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'Memory downcycle could last until 2025'
SUWON, Gyeonggi Province -- The memory chip upcycle has already peaked this year, while the downcycle is projected to continue until 2025 in a worst-case scenario, an executive from the US-based market intelligence IDC said Tuesday. Kim Soo-kyoum, associate vice president of semiconductor at IDC, cited a sharp decline in consumer demand and the projected price drop over the course of three years with the introduction of new chip factories and the growing competition in NAND flash industry
Technology Sept. 27, 2022
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Decoding Lee Jae-yong's fandom
Taking selfies with rank-and-file employees and lining up for a lunch queue for a simple meal instead of a juicy steak is something that many didn't expect to see from Samsung Electronics Vice Chairman Lee Jae-yong, the most powerful business tycoon in South Korea. The 54-year-old third-generation chaebol scion has long lived a life away from the public eye, except in the past five years, when he made frequent headlines over his involvement in a high-profile bribery scandal. But as he gets close
Technology Sept. 25, 2022
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SK to build AI computing infrastructure with University of Toronto
South Korean mobile telecom carrier SK Telecom announced Sunday that the company, its artificial intelligence chip developer arm Sapeon and the University of Toronto came together on Thursday to build an AI chip-mounted computing infrastructure at the Canadian university’s campus in Toronto. Sapeon will provide its low-power neural processors, the X220 and X330, free of charge to run its neural processing unit, or NPU, Farm infrastructure, which is capable of delivering up to 32,000 trilli
Technology Sept. 25, 2022
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[Market Eye] Can Arm stake deal spur Samsung's breakthrough?
Samsung Electronics Vice Chairman Lee Jae-yong's planned meeting next month with SoftBank founder Masayoshi Son raises the expectation that the South Korean tech giant could find a breakthrough with a new round of investment for future growth in the field of semiconductors. On his arrival to Seoul after a two-week trip overseas, the 54-year-old told reporters Wednesday afternoon that he is scheduled to hold talks with Son in Seoul and that he believes the Japanese tycoon might bring up the issue
Technology Sept. 22, 2022
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Samsung's Lee to meet SoftBank's Masayoshi Son possibly over Arm deal
Samsung Electronics Vice Chairman Lee Jae-yong said Wednesday that he plans to meet SoftBank founder Masayoshi Son next month as the Japansese tycoon visits Seoul. "Next month, Son is expected to visit Seoul," Lee told reporters at Seoul Gimpo Business Aviation Center Wednesday afternoon as he wrapped up a two-week overseas trip. "Probably, Son might come up with such a proposal, but I have no idea what that is," he said when asked whether he met any Arm officials during his
Technology Sept. 21, 2022
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Dyson's Gen5 Detect vacuum cleaner makes debut in Korea
Consumer electronics giant Dyson said on Wednesday it would begin to sell its brand-new cord-free vacuum cleaner Gen5 Detect that boasts stronger power density, deeper cleaning ability and longer battery life compared to its predecessors in South Korea and China. Its Hyperdymium Motor allows Gen5 Detect, the newest release on the lineup since V15 Detect in May 2021, to have up to 262 airwatts of suction power, higher than the V15 Detect's 230 airwatts. The Gen5 motor, which is lighter than
Technology Sept. 21, 2022
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LG Energy Solution to unveil moduleless EV battery in 2025
South Korean lithium-ion battery cell maker LG Energy Solution plans to develop a moduleless concept for pouch-type high-nickel batteries to increase EVs’ space utilization, reduce weight and improve cost competitiveness by 2025. Unlike the existing module-to-pack concept, the new concept, called "cell-to-pack," will simplify the process of assembling pouch cells directly into battery packs, Choi Seung-don, LG Energy Solution's senior vice president and automotive battery de
Technology Sept. 20, 2022
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Korean battery makers set for growth as demand outside China soars
Three major South Korean battery cell makers -- LG Energy Solution, SK On and Samsung SDI -- are projected to see steady growth in revenue and profitability in the next few years as they race to meet the growing demand for secondary batteries to power electric vehicles in the United States, data showed Tuesday. The three companies' combined revenue will reach $121 billion by 2025, up nearly fivefold from the $27 billion recorded in 2021, according to Korea-based battery market tracker
Technology Sept. 20, 2022
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