South Korea's chip manufacturing industry is facing the worst crisis in a decade, a survey that polled semiconductor experts showed Monday. Twenty-four out of the 30 chip experts surveyed by lobby group Korea Chamber of Commerce and Industry responded that Korea is either facing the threat as grave as, or graver than, Chinese chipmakers' foray into memory chip business in 2016 or the trade war between the United States and China in 2019. Of the respondents, 13 said Korea's situati

Samsung Electronics on Monday pledged to take energy efficiency of its consumer electronics goods to the next level, supported by a combination of technologies from artificial intelligence to connected homes, during Europe's biggest tech show IFA 2022 that wraps up Tuesday. The cutting-edge technologies will allow Samsung to sell the most energy efficient refrigerators and washers among all products sold in Europe, the company claimed, using estimates from Samsung's own test results.

South Korea's unmanned space vehicle Danuri has successfully undergone a trajectory correction maneuver (TCM), a critical procedure in the lunar orbiter's travel to the moon for the country's first lunar mission. Danuri, also known as the Korea Pathfinder Lunar Orbiter, was launched last month aboard a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in the U.S. state of Florida for South Korea's first space mission beyond Earth's orbit. The orbiter is curr

BERLIN – Samsung Electronics will focus on upgrading foldable phones and enhancing their user experience for now, despite their extensive study on diverse smartphone form factors such as rollable and slide types, according to a senior executive who oversees research and development for mobile devices. “Technically, we are studying all form factors. But now our top priority is upgrading the current foldable phones,” Choi Won-joon, executive vice president and R＆D head of the mo

BERLIN – LG Electronics, the dominant No. 1 firm in the OLED TV market, said Saturday it aims to further widen its gap with rivals by offering a more diversified product lineup that meets different consumer demands. According to market tracker Omdia, Europe is the largest OLED TV market, making up more than 50 percent of global shipments. In the region, LG’s market share was a whopping 65.8 percent in the first half of this year, followed by Sony with 17 percent and Philips with 11

Coway is showcasing its latest lineup of air and water purifiers at Europe’s largest home appliances tech show IFA 2022, the South Korean company said Friday. Coway’s on-display products at the event’s exhibition booth in Berlin include 14 air purifiers and eight water purifiers with the newest air purifiers Coway Airmega taking the spotlight. “The Coway Airmega range is consistently recognized as the best-in-class, earning status as an Amazon USA top air purifier brand

Researchers develop world’s first climate recovery map

South Korean tech giant Samsung Electronics announced Friday that sales and shipments of its newest foldable phones have significantly increased in Europe compared with their predecessors in the first week since the release. The latest additions to Samsung's foldable lineup -- the clamshell-type Galaxy Z Flip4 and book-type Galaxy Z Fold4 -- saw all-time high sales among all foldable types in Europe, Samsung said, without disclosing the figure. Sales of the Z Flip4 and Z Fold4 began on Aug

BERLIN – Samsung Electronics co-CEO Han Jong-hee on Thursday hinted that the South Korean tech giant will unveil a new sustainable growth strategy soon, possibly its delayed decision to join the RE100 global initiative. “We will announce a clearer goal that is also achievable,” he said at a press conference in Berlin held on the sidelines of the IFA trade show that kicks off Friday. The RE100 initiative sets a 2050 target for using 100 percent renewable electricity. Samsung's

CEO declares first year of mass adoption of SmartThings smart home platform

BERLIN/SEOUL – LG Electronics on Thursday debuted the world’s first refrigerator that changes color at the touch of a smartphone button ahead of the IFA trade show that kicks off Friday in Berlin. The chameleon four-door fridge MoodUp is a newest addition to LG’s high-end Objet Collection. The self-illuminating doors use light sources from light-emitting diodes. Users can choose one among some 170,000 color combinations, based on the 22 color options for top doors and 19 choi

Europe’s biggest home appliance trade show back in person after two years of hiatus

South Korean lithium-ion battery maker SK On said Thursday it has hired former SK hynix President Jin Kyo-won as chief operating officer. Jin, who took the newly created role Thursday, will oversee the operation optimization, marketing, overseas manufacturing, research, purchase and next-generation technology of Korea’s second-largest battery manufacturer by global market share. Previously, Jin, a career engineer, had served as the chief product and production officer of SK hynix, the wo

Samsung Electronics' new consumer electronics products like monitors and tablets are set to debut in Europe later this year, as Europe's biggest tech show IFA 2022 comes to a close. On Thursday, Samsung unveiled the plan for the release of newest gaming monitor Odyssey OLED G8 and rugged industrial tablet Galaxy Tab Active4. The Odyssey OLED G8 is Samsung's first gaming monitor that mounts a flat-panel display using organic light-emitting diode technology to achieve color accuracy and express

Naver Z, the South Korean IT giant’s subsidiary that runs the Zepeto metaverse platform, has joined hands with Thailand’s largest telecommunication services provider to expand the virtual world’s ecosystem in the Southeast Asian nation, Naver said Thursday. Naver Z and True Corp. signed a memorandum of understanding for a strategic partnership between the two firms at True’s Bangkok office on Wednesday. “Through this partnership, we will look to lead Thailand into