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Investor activism
Activist shareholders target Samsung to unlock value
...“If they are successful, that will send a strong signal both to Korean companies and to foreign investors that it is possible for them to co-operate.” Additional reporting by Andy Lin in Hong Kong...
February 2, 2024
Semiconductors
South Korean chipmakers halt old equipment sales over fears of US backlash
...“They have a choice: to sell, to store, or to scrap,” said the Korea-based manager....
March 12, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Batteries
Korea Zinc expands nickel production to meet US battery demand
...Korea Zinc has also formed a joint venture with South Korea’s LG Chem for precursor production and is in talks with Singapore-based Trafigura for co-operation on nickel refining....
October 1, 2023
Artificial intelligence
Huge AI funding leads to hype and ‘grifting’, warns DeepMind’s Hassabis
...The surge of money flooding into artificial intelligence has resulted in some crypto-like hype that is obscuring the incredible scientific progress in the field, according to Sir Demis Hassabis, co-founder...
March 31, 2024
Technology sector
Samsung and LG join forces against Chinese rivals in battle for display dominance
...Samsung and LG declined to comment on their co-operation....
February 21, 2024
Batteries
Europe over-reliant on Chinese EV batteries, warns South Korea’s SK On
Chinese companies’ market share on the continent expected to rise to 50% in 2027
January 22, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Samsung Electronics Co Ltd
Samsung signals end to chip downturn with forecast 10-fold jump in profit
World’s biggest maker of memory chips beats expectations with strong first-quarter guidance
April 5, 2024
LexSemiconductors
Taiwan quake is a reminder of seismic risk to global chip supply Premium content
...South Korea and China, which are considered moderate-seismicity regions, account for most of the rest....
April 3, 2024
Due Diligence
Soho House: short sellers are knocking Premium content
...“We believe Soho House & Co is a zero,” the short seller wrote in a report released this week where it disclosed a bet against the business....
February 9, 2024
News in-depthSemiconductors
US missing pieces of AI chip puzzle despite TSMC’s $65bn bet
...“Samsung manufactures all the memory in Korea, so shipping memory to the US to do HBM packaging might not be ideal....
April 11, 2024
Inside BusinessChristian Davies
South Korean display industry still paying a heavy price for Chinese deal
...This was achieved principally through officially sanctioned “technical co-operation” with US and Japanese companies long since replaced as market leaders by their former partners....
December 6, 2023
#techAsia
Huawei goes ‘007’ and TSMC gets a grant Premium content
...But the Biden administration has now confirmed it will offer Taiwan Semiconductor Manufacturing Co, the chip powerhouse making key AI chips and processors for Nvidia, Apple and AMD, some $6.6bn in grants...
April 11, 2024
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...In South Korea, hybrid cars accounted for nearly a third of all new registrations last month, according to the Korea Automobile & Mobility Association, adding to sales growth of more than 40 per cent last...
March 5, 2024
South Korea Politics & Policy
South Koreans charged with leaking submarine secrets to Taiwan
...Like most countries, South Korea does not have official diplomatic relations with Taipei....
January 5, 2024
Lee Jae-yong
Samsung chair acquitted of stock manipulation and fraud charges
...Yoon Suk Yeol, South Korea’s former chief prosecutor who oversaw Lee and Park’s convictions, has since been elected the country’s president....
February 5, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Samsung Electronics Co Ltd
Samsung earnings signal chip sector turnaround in 2024
Smallest profit fall in five quarters points to price recovery after last year’s supply glut, say analysts
January 9, 2024
Mobile devices
Smartphone makers bet on foldables to revive lacklustre market
Samsung, Motorola and Huawei continue to invest in high-priced flip devices despite weak sales
December 29, 2023
Samsung Electronics Co Ltd
Samsung turns to AI to revive stagnant smartphone market
Galaxy S24 series features ‘on-device’ apps such as live phone call translations and smart photo editing
January 17, 2024
Aerospace & Defence
South Korean defence industry rides global order wave
...“There are still limits,” said Hwang, citing the example of Turkey’s Altay battle tank, which was co-developed with Hyundai Rotem in the late 2000s, and has since emerged as a rival to the Korean company...
November 26, 2023
Cryptofinance
Crypto goes on trial alongside SBF Premium content
...North Korea’s infamous criminal syndicate Lazarus Group is responsible for almost $1bn of that total....
October 6, 2023
#techAsia
Mark Liu to retire from TSMC and adjustments hit the display industry Premium content
...Mark Liu, chairman of Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, announced he will retire next year....
December 21, 2023
Samsung Electronics Co Ltd
Samsung foresees end of punishing memory chip slump in 2024
South Korean electronics group signals inventory glut is easing after billions of dollars in losses
October 31, 2023
Tesla Inc
Tesla overtaken by China’s BYD as world’s biggest EV maker
...BYD’s success in chasing down Tesla also underlines the struggle of legacy automakers from the US, Europe, Japan and Korea to adapt to fast-changing consumer preferences for cheaper, smarter electric vehicles...
January 2, 2024
Lee Jae-yong
Prosecutors seek 5 years for Samsung chief for alleged stock manipulation
...South Korea is challenging the arbitration ruling. Samsung Electronics did not immediately respond to a request for comment....
November 17, 2023
LexCATL
Profitability worries for world’s largest EV battery maker are overdone Premium content
...This week’s trading update from world-leader Contemporary Amperex Technology Co. Ltd. proved those wrong. The battery group’s full-year earnings should handily beat analyst expectations....
January 31, 2024

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