OpenAI, the creator of ChatGPT, has reportedly engaged in discussions with Samsung Electronics to integrate artificial intelligence capabilities into Samsung’s electronic devices, according to a report Friday. This move could position OpenAI as a potential challenger to Google, the leading player in the browser and search markets. The discussions were said to mirror a recent agreement between O...

...r results earlier this week. SK hynix, the dominant supplier to Nvidia, jumped 4.68 percent to 176,700 won, and equipment provider Hanmi Semiconductor gained 3.35 percent to 83,400 won. However, Samsung Electronics retreated 0.71 percent to 56,000 won. Battery shares were also winners as industry leader LG Energy Solution gained 1.12 percent to 405,000 won and Posco Future M advanced 1.88 percent to 178,...

...ory. Chip giant SK hynix rose 1.9 percent, and leading battery maker LG Energy Solution advanced 1.87 percent. Top carmaker Hyundai climbed 0.23 percent, and steel giant Posco Holdings increased 1.15 percent. But top-cap Samsung Electronics fell 0.18 percent. The local currency had been trading at 1,400.5 won against the greenback as of 9:15 a.m., down 3 won from the previous session. (Yonhap)

...tions. But its shares fell after the bell as its performance failed to meet the lofty expectations of some investors. In Seoul, semiconductor shares ended mixed on the Nvidia results. Tech giant Samsung Electronics advanced 1.99 percent to 56,400 won, while SK hynix, one of Nvidia's largest partners, fell 1.06 percent to 168,800 won. Top carmaker Hyundai Motor dropped 1.37 percent to 215,500 won and lead...

The top executives of 16 major Korean conglomerates, including Samsung, SK, Hyundai Motor and LG, on Thursday issued a rare joint statement opposing the proposed revision to the Commercial Act, which aims to increase the duties of corporate board members. “The proposed revision will lead to excessive litigation and potential attacks from overseas speculative investors, thereby hindering the norm...

Samsung Electronics Co. on Thursday unveiled the Samsung Gauss2, the second generation of its generative artificial intelligence model, at an annual tech conference. During a keynote address of the online Samsung Developer Conference Korea 2024, the company highlighted the improved performance, efficiency and various application possibilities of its latest AI model. Samsung Gauss, first introdu...

...or sales and earnings, but its shares traded lower in extended trading on concerns over a slowdown in its business performance. In Seoul, large-caps started in mixed territory. Market bellwether Samsung Electronics slid 0.36 percent, and its chipmaking rival SK hynix rose 0.7 percent. Top carmaker Hyundai Motor dropped 1.14 percent, and its auto parts affiliate Hyundai Mobis added 0.2 percent. Leading b...

...ix, the dominant supplier of high bandwidth memory to Nvidia, remained unchanged at 176,000 won, and Hanmi Semiconductor, a leading chipmaking equipment provider, rose 1.11 percent to 81,700 won. Samsung Electronics, however, fell 1.78 percent to 55,300 won. Top carmaker Hyundai Motor advanced 1.39 percent to 218,500 won, and leading battery maker LG Energy Solution increased 1.78 percent to 400,500 won. ...

Samsung Electro-Mechanics said Wednesday it has achieved the automotive spice (A-spice) level 3 certification for its camera modules used in automotive electronics and electrical equipment. A-spice is a European certification that evaluates the software reliability and development capabilities of automotive component manufacturers. It is categorized into six levels, ranging from the lowest, leve...

...ed up 3.28 percent, and Shinhan Financial Group increased 3.72 percent. Major bio tech firms Samsung Biologics and SK bioscience advanced 0.44 percent and 0.86 percent, respectively. On the other hand, tech giant Samsung Electronics retreated 0.36 percent. The local currency had been trading at 1,391.05 won against the greenback as of 9:15 a.m., down 0.15 won from the previous session. (Yonhap)

... the tech-heavy Nasdaq Composite increased 0.6 percent as investors awaited Nvidia's third-quarter results due later this week. In Seoul, most shares closed in mixed territory. Market bellwether Samsung Electronics fell 0.71 percent to 56,300 won following a 5.98 percent jump the previous day after dipping to the lowest point in over four years. On Friday, the tech giant announced a 10 trillion-won share ...

...th critics labeling it "regressive." In South Korea, home to the world's top memory chip makers Samsung Electronics and SK hynix, employees are prohibited from working more than 52 hours per week -- ..., Samsung has been lagging behind its crosstown rival SK hynix in the supply race. The National Samsung Electronics Union has released a statement opposing the 52-work-hour exemption, citing how ther...

...moment for the global semiconductor industry. Geopolitical tensions, trade restrictions and rapid technological advancements are reshaping this critical sector. South Korea's semiconductor giants, Samsung Electronics and SK hynix, are global leaders in the memory chip market, but maintaining their dominance in this evolving landscape will require strategic adaptability. They face unprecedented challenges as...

...1 points, or 0.21 percent, to 2,474.18 in the first 15 minutes of trading. The main index jumped 2.16 percent Monday, the sharpest daily gain since Sept. 26, led by a rally in chipmakers, such as Samsung Electronics. In the United States, the Dow Jones Industrial Average fell 0.13 percent, and the tech-heavy Nasdaq Composite rose 0.6 percent. In Seoul, market bellwether Samsung Electronics rose 0.53 percent, and LG Electronics advanced 1.33 percent. Steel giant Posco Holdings increased 0.34 percent, and tech leader Naver went up 1.68 percent. On the other hand, chip g...

...ric acid used in Korea's semiconductor industry, approximately 240,000 tons out of 380,000 tons annually. Some 95 percent of sulfuric acid for semiconductors produced by Korea Zinc is supplied to Samsung Electronics and SK hynix, the world's top two memory chip makers. “A prolonged dispute over management rights of Korea Zinc could lead to supply chain risks such as disruption in sulfuric acid supply, whi...