Indiana official highlights local community, academic partners as alluring factors for foreign investment

Jo Weon-kyoung, professor and director of UNIST University-Indusry Relations Center, recently authored an article for the Herald Business, a vernacular business daily, which was subsequently picked up and published by The Investor after an unofficial translation. This is the first of the two-part story. –Ed. Nvidia's dominance in the artificial intelligence (AI) market is undisputed. The company...

LG Energy Solution on Sunday announced a partnership with Qualcomm Technologies to develop an intelligent battery monitoring system for electric vehicles, aiming to simplify battery management for EV owners. This collaboration merges LG's expertise in battery management with Qualcomm's Snapdragon Digital Chassis platform, which is a comprehensive suite of automotive solutions including connectiv...

Korea's display panel industry will take back its lead in the global display market from China by 2027 with its edge in advanced technologies, Samsung Display CEO Choi Joo-sun said as he became the president of Korea Display Industry Association on Thursday. Delivering his inaugural speech at the general meeting, Choi vowed to work to boost the Korean industry's standing on the global stage thro...

In the wake of heated competition for chip supremacy, a Seoul court has stepped in to block a former chip researcher involved in chip design at SK hynix from working for US-based rival Micron Technology, alleging possible technology leaks. According to industry sources on Thursday, Seoul Central District Court granted permission to an injunction request filed by SK hynix late last month to preve...

Consumer Reports: S24 Plus ranks third, S23 Ultra climbs four spots Samsung Electronics' Galaxy S24 Ultra AI smartphone has clinched the top spot in a recent smartphone assessment by US Consumer Reports. Scoring 87 overall, it outperformed Apple's iPhone 15 Pro Max (86). The evaluation lauded the Galaxy S24 Ultra across various metrics, highlighting its reliability, satisfaction, camera qualit...

Other notable showcases included the 4695 cylindrical battery cells from Kumyang, a Korean battery supplier. This advancement in battery technology utilizes high-nickel single-crystal materials to achieve a 97 percent nickel content, significantly boosting energy density and capacity. The medium-sized company with about a hundred employees claims it boasts greater capacity than Tesla's 4680 cylin...

LG Electronics and LS Electric have teamed up to enhance their smart factory leadership and foray into overseas markets together, the companies said Wednesday. Their strategic alliance, formalized through a memorandum of understanding signed Tuesday, aims to leverage the combined technological prowess and market influence of both entities to forge advancements in the smart factory sector, includ...

Samsung Electronics' foundry division is expected to get a boost as Google reportedly plans to build its new Tensor G4 chipset based on Samsung’s latest Exynos 2400 blueprint, according to industry sources on Wednesday. Google's new Pixel 9 smartphone is set to launch in the latter half of this year, and it is highly anticipated to incorporate the upcoming Tensor G4 chipset. SamMobile and other...

South Korean tech giant Naver said Tuesday it will unveil a web platform-based robot operating system (OS) for the first time in the world at a global IT conference. Naver is joining LEAP 2024, running from Monday to Thursday (local time) in Riyadh, Saudi Arabia, along with Google, Apple, Meta Platforms, AWS and other global big techs. During the event, the Korean company will present the "ARC ...

Samsung SDI, a major South Korean battery maker, said Tuesday it aims to mass-produce all-solid-state batteries (ASBs) in 2027 to meet demands in the upcoming era of electric vehicles (EVs). Samsung SDI has outlined its preparations for ASBs, which it calls a solution to fire-prone lithium-ion batteries, ahead of a local rechargeable battery exhibition, InterBattery 2024, that kicks off Wednesda...

LG Display confirmed Monday that it is issuing new shares to raise 1.29 trillion won ($970 million) to bolster investments in OLED displays for smartphones and other mobile gadgets while improving its financial stability. The move comes as the display maker has recently recovered from operating losses. In a regulatory filing earlier in the day, the company said it is issuing new shares at 9,090...