Samsung chief visits Middle East to explore opportunities, encourage employees
Samsung Electronics Executive Chairman Lee Jae-yong visited the Middle East during Korea’s extended Chuseok harvest holidays, a move to seek new business opportunities in the region and to encourage Samsung employees overseas.
U.S. expected to lengthen China exemptions for Korean chipmakers
The U.S. government is expected to indefinitely extend Korean chipmakers’ one-year exemptions on controls concerning chip technology exports to China, clearing up some uncertainties surrounding local companies’ Chinese chip operations.
[NEWS ANALYSIS] Samsung plans Exynos revival with Galaxy S24 launch
Samsung Electronics plans to revive its Exynos processor with the Galaxy S24 series launch next year, potentially boosting its core businesses including smartphones and chip manufacturing.
Samsung Electronics denies business ties with Huawei
Samsung Electronics has made its case that it never traded with Huawei after the 2020 U.S. sanctions, following the report that some of its chips are in the phones sold by the Chinese manufacturer.
Broadcom to appeal FTC's $14.3 million fine for market power abuse
Broadcom called the FTC's decision "regretful" in a statement Monday, adding it will take the case to the Seoul High Court.
Korean chipmakers sigh in relief over U.S. CHIPS Act 'guardrails'
While the announced final “guardrails” resolve some of the uncertainties surrounding Korean chipmakers’ operations in China, they only partially reflected the Korean government’s requests in March.
Korean consumers upset over Apple's iPhone 15 pricing
Apple's decision to maintain the price range of its iPhone 15 series has been met with criticism in Korea due to the weakening currency rate. Consumers feel excluded from the first tier of launch countries.
Broadcom fined $14.3 million for forcing unfair supply deal on Samsung
The Fair Trade Commission (FTC) announced the decision on Thursday, following an investigation initiated by the complaint of Qualcomm, a main competitor of Broadcom.
U.S. guardrails on China imminent, Korean chipmakers on high alert
U.S. Commerce Secretary Gina Raimondo said Tuesday the final version of the so-called guardrails that limit production expansion in China will be ready within a few weeks, alarming Korean chipmakers running factories in China.
Samsung SDI achieves platinum status for waste management
Samsung SDI's operation sites in Korea have achieved Platinum status for diverting waste from landfills or incineration, indicating their efforts for resource circularity.