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Tue, May 30, 2023 | 20:03
Samsung confirms 'output adjustment' at Xi'an factory
As the Chinese city of Xi'an is further tightening its stiff lockdown measures after a spike of COVID-19 cases, the world's largest memory chip manufacturer has decided to apply plans for “output adjustment” at its $26-billion plant.
[ANALYSIS] Samsung-Hyundai partnership extends to semiconductors
The global automotive industry has been slowed down due to the grave scarcity of semiconductors since the beginning of the COVID-19 pandemic, with many major vehicle manufacturers halting their assembly lines.
Samsung to collaborate with rival LG in TV business
Samsung Electronics, the world's largest TV manufacturer, plans to introduce new TV sets in North America and Europe early next year using an advanced organic light-emitting diode (OLED) supplied by a display affiliate of rival LG Electronics, sources and analysts familiar with the issue said, Monday.
At CES, Samsung set to highlight connectivity, accessories
Thanks to the absence of global tech giants at an upcoming tech fair, Korea's Samsung Electronics is set to appeal to global investors about why its recent decision to merge its mobile phone and home appliance businesses matters from an investment standpoint.
SK appoints 'core insider' to head battery business
SK reinstated a member of the owner family to manage its battery business, mimicking its chief cross-town rivals' decisions to appoint trusted executives to manage the burgeoning battery business amid a strengthened focus on strategic alliances and joint ventures between battery suppliers and vehicle manufacturers.
COVID-19 pill stocks expected to rise as new quarantine measures loom
The focus of the stock market is currently on which sectors and shares will become beneficiaries of toughened social-distancing measures expected to be announced by Prime Minister Kim Boo-kyum following the rapid spread of the Omicron variant of COVID-19 in addition to the resurgent Delta variant.
Booming semiconductors to lift KOSPI: BNP Paribas
While the Korean stock market is reacting quite emotionally to the spread of the Omicron variant of SARS-CoV-2 and continued pace of the Delta variant, a top-tier Europe-based investment bank said Tuesday the country's benchmark KOSPI index will rise further next year.
GM in final stage of 3rd US battery plant agreement with LGES
General Motors (GM) is in the last stage of finalizing key outstanding issues regarding its planned and scheduled investments in two electric vehicle(EV)-related manufacturing facilities in the U.S. state of Michigan - one with its Korean partner LG Energy Solution (LGES), two local investment banking sources told The Korea Times, Sunday.
[ANALYSIS] Omicron fears spell early end to doldrums in chip industry
A top-tier investment bank released a report in August, intriguingly titled “Winter Is Coming,” warning of challenging pricing conditions through next year.
Qualcomm ditches TSMC, lets Samsung produce new chips
Qualcomm CEO Cristiano Amon said it has chosen Samsung as the sole manufacturer of its latest Snapdragon Gen 1 mobile application processor (AP) chipsets.