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Biz & Tech

Tue, October 26, 2021 | 18:14

LG takes steps toward cutting battery costs, enhancing features

During a recent battery event organized by Tesla, CEO Elon Musk said that he was aiming to set a $25,000 price target for electric vehicles (EVs) by 2023. This target is being considered quite ambitious as today's least expensive EV model is about $38,000.

Kim Yoo-chul | 2021-09-24 13:39

Assembly set to grill telecom firms over subpar network speeds

Korea's three major telecom companies are preparing to face lawmakers next month at this year's annual National Assembly audit, after another year of consumer complaints of subpar network speeds.

Kim Bo-eun | 2021-09-24 08:33

[ANALYSIS] Heavy cost-cutting to hurt Samsung's competitiveness

Samsung Electronics has been trying to cut smartphone production costs in order to boost output volume and stay ahead of its rivals.

Kim Yoo-chul | 2021-09-23 16:58

[Reporter's Notebook] Korea's universities urged to set up battery-tech program

Along with semiconductors, batteries are considered as a core technology for Korea in terms of the country's national security and economic growth, as the United States and China invest more to develop next-generation batteries for electric vehicles (EVs).

Kim Bo-eun | 2021-09-23 16:52

Will Samsung attend third White House meeting addressing chip shortage?

Attention is growing on a third meeting on measures to deal with the global shortage of semiconductors to be held at the White House, Sept. 23. Samsung Electronics, along with other businesses, took part in the first and second meetings hosted at the U.S. presidential office in April and May, and is expected to participate in the third.

Kim Bo-eun | 2021-09-17 16:57

Samsung, Apple rivalry continues over newest smartphones

The long-standing competition between mobile device manufacturing giants Samsung Electronics and Apple shows no signs of abating as both companies are bringing high-end smartphones to market. At Apple's event to unveil its new iPhones, iPads and Apple Watch held Sept. 14, the company said its new A15 “bionic processor” performs better than its competitors.

Baek Byung-yeul | 2021-09-17 15:36

'Big 4' group leaders asked to shoulder more job creation

Major conglomerates are being implicitly urged by the government to retain their former scale of recruiting new employees, at a time when landing a job has become increasingly tough for college students. Prime Minister Kim Boo-kyum is seeking a meeting with the chiefs of LG, Hyundai and SK Groups next month, to request that they continue to ensure mass recruitment drives.

Kim Bo-eun | 2021-09-17 15:16

SK Innovation stock falls on split-off approval

SK Innovation's (SKI) share price fell Thursday, following shareholder approval of the company's plan to separate its battery business as a new entity. SKI's stock closed at 237,000 won, down 4.44 percent from Wednesday's close, after shareholders voted for the split-offs of the battery, and oil exploration and production businesses at a shareholders meeting held at the compa...

Kim Bo-eun | 2021-09-16 16:25

Samsung Display supplies OLED panel for ASUS laptops

Samsung Display is expanding into high-end displays for laptop computers as it has begun mass production of organic light-emitting diodes (OLEDs) with a high refresh rate, the display arm of Samsung Electronics said Thursday.

2021-09-16 16:17

LG bets on smart factory initiatives

LG Uplus is pushing forward with “smart factory” initiatives, as the LG telecom affiliate aims to boost the sales of its smart factory-oriented business significantly over the next five years.

Kim Yoo-chul | 2021-09-16 15:10

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