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Biz & Tech

Tue, June 15, 2021 | 17:53

SK Innovation expecting over W3 trillion in battery sales this year

SK Innovation said Thursday it expects sales generated from electric vehicle (EV) batteries to exceed 3 trillion won this year, doubling the figure for 2020.

Kim Bo-eun | 2021-05-13 16:12

Samsung under pressure to invest more in US

Samsung Electronics is apparently facing growing pressure to expand its investment in the United States, according to analysts, as the tech giant has reportedly been invited to a second meeting with the U.S. administration on tackling the global semiconductor shortage. The invitation comes just over a week ahead of a summit between President Moon Jae-in and his counterpart Jo...

Kim Yoo-chul | 2021-05-11 16:51

Samsung unveils industry's first memory module

KT won't cancel treasury shares for time being

KT does not have any immediate plans to cancel its treasury shares, the company said Tuesday. Its remarks came as the company struggles to boost its share price.

Kim Bo-eun | 2021-05-11 16:51

Samsung unveils industry's first memory module

Samsung Electronics unveiled the industry's first memory module supporting the new compute express link (CXL) interconnect standard, it said Tuesday.

Kim Yoo-chul | 2021-05-11 16:41

Samsung under pressure to invest more in US

NCSOFT seeking changes for greater global appeal

NCSOFT said Monday that it is seeking fundamental changes to its existing games to expand its global user base, as the game developer is focusing increasingly on overseas markets for revenue.

Kim Bo-eun | 2021-05-10 17:06

SK hynix creates 5.37 trillion won economic contribution in 2020

SK hynix has been cruising on increasing its social contributions as part of the chip maker's efforts to strengthen environmental, social and corporate governance (ESG)-based management and achieve mutual growth with society.

Baek Byung-yeul | 2021-05-10 16:06

LG Display gaining ground for annual dividends

Handsome earnings projections for LG Display this year are increasing the possibility that the company will resume dividend payouts for investors as early as next year.

Kim Bo-eun | 2021-05-10 15:46

Toss aims to exceed W1 tril. in total sales by end of 2021

Toss, which provides mobile financial services, was successful last year in recording close to 400 billion won in sales and enhancing its profitability margin. However, the company is aiming higher for this year with the goal of exceeding 1 trillion won in total sales.

Kim Hyun-bin | 2021-05-10 15:33

Unions wield increasing influence at tech firms

Unions are exercising growing influence at tech firms amid an industry-wide movement by workers seeking better compensation. Samsung Display, for instance, is facing a possible walkout by workers due to wage issues.

Kim Bo-eun | 2021-05-09 15:58

Korea to expand investment, tax incentives for chip sector

South Korea said Friday it plans to expand investment and tax incentives for the semiconductor segment in line with efforts to foster the non-memory chip industry and cope with the global supply shortages of automotive chips. "To cope with the supply shortages in the automotive chips, we plan to focus on expanding support for the 8-inch wafer foundry industry," new Industry M...

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