The US is facing imminent pressure to stay in the global chip arms race amid China’s bid to expand chip manufacturing. In 2021 alone, Chinese firms announced $26 billion in investment plans through 28 projects across China, showed an estimate by the Semiconductor Industry Association, an advocacy group in the US. Korea is projected to become home to the third-largest semiconductor chip productio...

“We are open to collaborating with low-Earth orbit satellite operators that are willing to take advantage of our satellite services that use geostationary satellites,” Choi said. Choi added the company is already in talks with undisclosed partners about using low-Earth orbit satellites that could provide global coverage. This, according to Choi, is an extension of a proposal by KT SAT Chief Exe...

TerraPower is developing reactors that use liquefied metal as a coolant instead of water, which enables a small reactor to pursue high power density and at the same time operate at a low pressure, decreasing the chances of a meltdown. Moreover, TerraPower‘s power grid will use molten salt to store thermal energy generated from the reactors, enabling the stable supply of power. TerraPower’s produ...

Two former employees of Semes, a Samsung Electronics subsidiary and key semiconductor chip-related equipment supplier, have been indicted for their alleged involvement in technology theft. The two former Semes staffers were allegedly involved in selling crucial wafer cleaning machines -- believed to be identical to ones by Semes -- to an undisclosed Chinese entity, according to Suwon District Pu...

The character options are designed to offer users a sense of emotional attachment to the visual agent of A., said Yea Hui-kang, vice president and head of Brand Strategy Office at SK Telecom. “We expect users to create emotional touch from characters because characters are offering a sense of intimacy based on verbal interactions,” Yea told reporters. The app can currently search and recommend ...

While 5G penetration is still largely underway worldwide, it does not mean progress to build a faster wireless network globally has peaked. In order to offer users a full-fledged immersive experience, 6G will inevitably replace 5G networks, experts said in the first Samsung 6G Forum hosted virtually by tech giant Samsung Electronics Friday. Given that it takes about a decade to enable the next ...

South Korea’s homegrown mobile app store operator One Store has dropped its plan to go public amid poor stock market conditions, the company said Wednesday. One Store’s decision comes a day after a book building of institutional investors wrapped up, in which the offering price of a common share was below its suggested price band, at between 34,300 won ($26.9) and 41,700 won apiece. The figures...

Samsung Electronics has reclaimed the No.1 spot by monthly sales in India, buoyed by the return of its Galaxy Note successor Galaxy S22 Ultra, a phablet with built-in stylus S Pen support, data showed Tuesday. Samsung emerged as the leader in overall smartphone sales and shipments for the first time in six months in the world’s second-largest smartphone market, showed data by market intelligence...

The launch is a preemptive step before the next-generational server platform comes into being. According to the world’s No. 1 memory chip maker, the sampling for the 512-gigabyte CXL-based DRAM chips will begin with customers and partners for joint evaluation and testing in the third quarter. Samsung‘s partners for the CXL initiative include Lenovo and Montage. This is a step up for the company’...

South Korea’s homegrown app marketplace One Store aims to challenge Google and Apple, two US tech giants that enjoy a near-monopoly in the whopping 300 trillion won ($235 billion) app store market globally, with its forthcoming stock market debut here. One Store, the nation’s sole operator of an app store of the same name, is a merged entity of the nation’s four app stores that was previously op...

Even as it reported record revenue over the last three quarters, shares in Samsung Electronics have fallen over the past year, indicating weak market confidence in the tech giant’s prospects as inflation and Russia’s invasion of Ukraine threaten the general economy. Not all is well at the company, despite the strong bottom line. The memory chip business is suffering from weak pricing, and its c...

South Korea’s No. 1 mobile carrier SK Telecom said Sunday it has inked a strategic alliance with German counterpart Deutsche Telekom to bring its metaverse platform to European market. SK Telecom said in a statement the two companies will carry out a field test for metaverse operation in Europe before the end of 2022, create contents that work on the virtual world and implement a marketing for m...

Hwang’s negotiation with Apple counterparts including Jobs was one of the episodes featured in “Encounters with Great Minds.” The book carries a detailed account of what Hwang saw and felt in his encounters with prominent entrepreneurs, including Jobs’ successor Tim Cook, Tesla Chief Executive Officer Elon Musk, Salesforce CEO Marc Benioff, as well as Hwang’s boss and late Samsung Chairman Lee K...

Samsung Electronics unveiled Wednesday a long-lasting nonvolatile micro SD card for surveillance cameras that can deliver up to 16 years of continuous recording time without replacement. The product, branded as “Pro Endurance,” can last up to 33 times longer than typical speed-focused SD cards, for its largest 256-gigabyte capacity variant, according to the South Korean tech giant. The micro SD...

Samsung Electronics said Wednesday it was selected by Dish Wireless, the fourth-largest telecom carrier in the United States, to jointly deploy a commercial fifth-generational network across the country. Samsung said it would become the second-largest network equipment supply deal in the US if signed, following a $6.6 billion contract with Verizon announced in 2020. The size of the deal was not ...