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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Korean game studios cast mixed Q2 earnings outlook

Major Korean game studios are set to announce their second-quarter earnings next week, with market expectations mixed for the top five companies.

Aug 2, 2024By Nam Hyun-woo
Korean game studios cast mixed Q2 earnings outlook

Samsung union stages rally at chairman’s empty home

A labor union of Samsung Electronics staged a rally near the vacant home of the company's Executive Chairman Lee Jae-yong Thursday, a day after its wage negotiations with management derailed.

Aug 1, 2024By Nam Hyun-woo
Samsung union stages rally at chairman’s empty home

Samsung eyes aggressive HBM expansion to meet AI demand

Samsung Electronics projected an ambitious expansion in its sales and supply of high bandwidth memory (HBM) for the second half of this year, Wednesday, to meet exponentially growing market demand for the advanced memory chips that power generative artificial intelligence (AI) services.

Jul 31, 2024By Nam Hyun-woo
Samsung eyes aggressive HBM expansion to meet AI demand

Samsung Electronics Q2 operating profit surges 15 times; chip biz shifts to profit

Samsung Electronics said Wednesday its second-quarter operating profit surged more than 15 times from a year earlier on the robust performance of its semiconductor business.

Jul 31, 2024By Yonhap
Samsung Electronics Q2 operating profit surges 15 times; chip biz shifts to profit

With Paris Olympic mascot

Visitors take pictures with the official 2024 Paris Olympic mascot, the Olympic Phryge, at Samsung Electronics' experience zone in Square Marigny, Paris, in this handout photo released Tuesday. Samsung Electronics said it opened the experience pop-up zone on Saturday and plans to operate it throughout the Olympics and Paralympics. It is the second experience zone that Samsung has set up in Paris on the occasion of the Summer Games following one in the Champs-Elysees neighborhood. Courtesy of Samsung Electronics

Jul 30, 2024By Nam Hyun-woo
With Paris Olympic mascot

Samsung SDI navigates EV market headwinds as it pursues investment goals

Samsung SDI said, Tuesday, that it plans to continue investing in increased production capacity and advanced batteries for electric vehicles (EVs), despite a decline in its second-quarter operating profit due to a temporary slowdown in global EV demand.

Jul 30, 2024By Nam Hyun-woo
Samsung SDI navigates EV market headwinds as it pursues investment goals

Telecom firms expected to display weakened Q2 earnings

Korea’s top three mobile carriers are expected to report second-quarter earnings reflecting a slowdown in profitability, as the market for 5G services nears saturation while investments into artificial intelligence rise.

Jul 30, 2024By Nam Hyun-woo
Telecom firms expected to display weakened Q2 earnings

Drone delivery to islands, remote regions begins in August

The Ministry of Land, Infrastructure and Transport said, Tuesday, it will launch the country’s first nationwide drone delivery service to enhance everyday convenience for residents living on remote islands, regional areas and national parks across the country.

Jul 30, 2024By Ko Dong-hwan
Drone delivery to islands, remote regions begins in August

SK hynix in dilemma as HBM focus results in lower stock value

SK hynix is facing a dilemma in balancing production between advanced high-bandwidth memory (HBM) chips and existing legacy DRAM products, as its focus on HBM is adversely impacting its stock value.

Jul 29, 2024By Nam Hyun-woo
SK hynix in dilemma as HBM focus results in lower stock value

Nexon's First Descendant grabs global gamers' attention

Nexon's new looter shooter, The First Descendant, is drawing significant attention from global gamers and maintaining steady popularity on online platforms a month after its release.

Jul 29, 2024By Nam Hyun-woo
Nexon's First Descendant grabs global gamers' attention
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