Samsung Electronics Co. Ltd. said on Friday it is implementing a “meaningful” cut in its chip production after profits plunged, and after smaller companies also announced cuts in chip production. According to a Samsung press release published Friday, the largest memory chipmaker had a profit of 600 billion Korean won ($455 million) for its first…
Samsung’s Operating Losses Impact South Korean Economy, Aims to Build New Chip Center
March 28, 2023
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Asia & PacificBusiness & MarketsChinaChina Business & EconomychipsCompaniesexport controlsmemory chipsSamsungsemiconductorWorld
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New Analysis Samsung, the pillar of South Korea’s economy, has seen its profit plunge in 2022 due to weak chip and smartphone demand. The company’s weak financial performance has impacted the overall South Korean economy. To reverse the weakening profitability, Samsung Electronics plans to invest 300 trillion won (about $227 billion) over the next 20 years…
Google Warns Millions of Android Phone Users to Take Action Immediately
Google issued a warning to some Samsung, Pixel, and Vivo phones about critical vulnerabilities that could allow hackers to compromise their devices by making a special call to their phone numbers. The security flaw impacts Android devices that use the Exynos Modem 5123, Exynos Modem 5300, Exynos 980, Exynos 1080, and Exynos Auto T5123 chipsets made…
Samsung Galaxy Owners Urged to Download ‘Critical’ Update Today
A nonprofit security group issued an alert this week telling Google Android smartphone users to update their systems as soon as possible due to “multiple vulnerabilities” that could allow for an attacker to remotely install programs or delete data. So far, March’s updates have already rolled out for some of Samsung’s Galaxy phones but not…
Office Essentials
Whether your office is located in a sky-scraping building in a bustling metropolitan city, or in the living room at home, this selection of workplace upgrades will make it more productive. (Courtesy of Canon) Cut the Cords Canon Pixma TS3520 Wireless All-in-One Printer $89.99 In most offices, the printer is in use all day long…
The Changing Face of Television
The latest and greatest television technology was unveiled at the recent 2023 Consumer Electronics Show (CES), the eagerly-anticipated affair presented by the Consumer Technology Association. In case you missed the show, stay tuned for a few notable highlights. Televisions have come a long way since Paris in 1909, the setting for the first demonstration of…
Samsung LED Settlement Worth $150 Million, Nanotech Firm Says
Samsung Electronics Co. has agreed to pay $150 million to British nanotechnology company Nanoco Technologies to settle patent lawsuits over technology used in Samsung’s LED televisions, Nanoco and an investor in its cases said Friday. Nanoco and Chicago-based litigation funding firm GLS Capital said in a release that the settlement, which includes a license agreement…
Samsung Reportedly Moves Its Top-of-the-Line Product Out of CES Venue to Avoid Intellectual Property Theft
Samsung Electronics exhibition hall at CES 2023 was different from previous years. The company did not display its top-of-the-line TV at the main venue of the Las Vegas Convention Center, reportedly to avoid being copied by Chinese companies. According to South Korean experts, Samsung’s tolerance for Chinese plagiarism has reached its limit, and advanced tech…
Taiwan Experts Weigh in on TSMC’s Plan to Bring Leading-Edge 3Nm Chip Tech to US
December 1, 2022
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3nm processApple IncArizonaBusiness & MarketsChinachipCompaniesglobal supply chainIntelSamsungsemiconductorsiliconSpecial TopicsTaiwanTech CompetitiontechnologyTSMCU.S.-Taiwan relationsUS-China relations
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Taiwan Semiconductor Manufacturing Co. (TSMC)—the world’s most advanced contract chipmaker—is bringing its leading-edge 3-nanometer chip production process to its upcoming new plant in the U.S. state of Arizona, the company’s founder, Morris Chang, said on Nov. 2. But Chang’s statement has drawn concerns and criticism that the move would affect the core competitiveness of Taiwan’s…
South Korean Chipmakers Make Rapid Gains in US Market While Reducing Reliance on China
November 29, 2022
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Asia & PacificBusiness & MarketsChinaChina Business & Economychipmakersexport controlsSamsungsemiconductorSK HynixUS-China relationsWorldYMTC
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Amid the escalating strategic rivalry between the United States and China, South Korean semiconductor giants are rapidly shifting sales to the U.S. market while reducing dependence on China. Recent business reports released by Samsung Electronics and SK Hynix showed their sales in China dropped 3.77 percent and 5.39 percent respectively in the third quarter (Q3)…
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