Lee Jae-yong, chairman of Samsung Electronics, returned to Korea through Gimpo International Airport on the 28th after completing a business trip to China. This trip was the first public appearance after being acquitted in the second trial regarding allegations of unfair mergers and accounting fraud...
Samsung Display and the labor union reached a tentative agreement on the 2025 wage and collective agreement. Samsung Display noted on the 28th that it agreed to an average wage increase rate of 5.1% for this year (a base increase rate of 3% and a performance increase rate of 2.1%) through labor-mana...
SK hynix announced on the 27th that it appointed Han Ae-ra as chair of the board in a board meeting held after the regular shareholders' meeting. The company noted, "Chair Han Ae-ra joined the company's board of directors in 2020 and served as an audit committee member, contributing to strengthening...
Hanwha Semitek announced on the 27th that it will participate in the world's largest dental equipment exhibition, 'IDS 2025,' held in Cologne, Germany, until the 29th (local time). The IDS exhibition is an international dental medical device exhibition held biennially, with about 2,000 corporations ...
“Next year’s high bandwidth memory (HBM) quantity is planned to be finalized with customers within the first half of this year. The mass production of the 6th generation HBM (HBM4) 12-layer products is also expected to proceed as scheduled in the second half.” Kwak Noh-jung, president of SK hynix, s...
The price of NAND flash memory is expected to stabilize from the second quarter. In the meantime, NAND prices have continued to decline due to weakening demand in the Chonbang industry. On the 26th, market research firm TrendForce noted that the average selling price (ASP) of NAND fell by 15-20% in ...
On the 26th, Jo Joo-wan, CEO of LG Electronics, met with Satya Nadella, CEO of Microsoft, to discuss collaboration ranging from artificial intelligence (AI) solutions to data center fields. On that day, Jo noted through social network services (SNS) that he reaffirmed the vision shared by both compa...
The funeral parlor for the late Lee Jong-hee, Vice Chairman of Samsung Electronics, has been filled with mourners for the second day at the Samsung Medical Center in Gangnam, Seoul. On the 26th, notable figures including Noh Tae-moon, head of Samsung Electronics' MX division (president), Yong Seok-w...
On the 25th, the funeral hall for the late Vice Chairman Han Jong-hee of Samsung Electronics was set up at Samsung Seoul Hospital in Gangnam, Seoul, where condolences from major executives of Samsung Electronics continued. Until last week, Vice Chairman Han had been able to handle formal schedules, ...
LG Innotek announced on the 25th that it has signed a memorandum of understanding (MOU) for an investment agreement worth 600 billion won with Gyeongsangbuk-do and Gumi City. LG Innotek plans to utilize this investment amount for expanding the FC-BGA mass production line and for new equipment invest...
