Four South Koreans were charged on Dec. 22 for allegedly leaking cutting-edge semiconductor technologies to a Chinese company. According to JoongAng Ilbo newspaper, an unnamed South Korean company—coined ‘company A’— illegally obtained the sensitive technology from another South Korean company—’company B’—and then sold it on to a newly-established semiconductor company in China. The alleged illegal activity took…
South Korea Charges 4 Nationals for Allegedly Leaking Cutting-Edge Technology to Chinese Company
Apple Sees 33 Percent Drop in AirPods, Beats Shipments but It Continues to Dominate Wireless Audio
Apple Inc maintained its lead in the global True Wireless Stereo (TWS) segment despite suffering a drop in shipments in the third quarter. The Tim Cook-led company shipped 17.8 million units of its AirPods, AirPods Pro, and Beats wireless buds under the TWS category in Q3 2021, as per market analyst firm Canalys on Tuesday in a statement. This is a decline…
Taiwan Becomes The World’s Top Spender In Semiconductor Equipment, Dethroning South Korea and China
Taiwan’s leading role in chipmaking has come under the spotlight amid a global shortage of semiconductors. On top of being the world’s largest chip producer, Taiwan has also become the world’s top spender on semiconductor equipment, dethroning South Korea and China. According to the global semiconductor trade association (SEMI), Taiwan was the largest buyer of…
Samsung Names New CEOs, to Merge Mobile, Consumer Electronics Units
December 9, 2021
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Asia & PacificBusiness & EconomyCompaniesconsumer electronics unitsInternationalmergeMOBILEnew ceoSamsungTechTech NewsWorld
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SEOUL, SOUTH KOREA—Samsung Electronics Co. Ltd. will merge its mobile and consumer electronics divisions, the firm said on Tuesday, naming new co-chief executives in the biggest reshuffle since 2017 to simplify its structure and focus on the logic chip business. Two co-chief executives, instead of three, will lead the South Korean firm as it pivots…
Lee Jae-yong’s Cousin Gains Support for His Anti-Communism Instagram Posts
Chung Yong-jin, cousin of Samsung’s Vice Chairman Lee Jae-yong, recently posted a series of posts on his Instagram account saying “I hate the Communist Party,” arousing heated discussion. Many South Korean media reported it. On Nov. 15, Chung posted a photo on Instagram, in which he is shown holding a red wallet in one hand,…
Samsung Expected to Build $17 Billion Chip Factory in Texas
Samsung is planning to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. Texas Gov. Greg Abbott has scheduled a press conference Tuesday to make an economic announcement; he is expected to unveil the Samsung investment at that time, according…
Samsung’s Lee Visits US Ahead of Likely $17 Billion Chip Plant Decision: Media
November 15, 2021
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Asia & PacificBusiness & EconomyBusinesses in COVID-19CanadachipCompanieseconomyJay Y. LeemediaplantSamsungTechTech NewsUSWorld
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SEOUL—Samsung Electronics vice chairman Jay Y. Lee is visiting North America in his first high-profile trip after serving jail time for bribery, with a decision imminent on the company’s planned $17 billion U.S. chip plant. Lee left Seoul on Sunday and his trip to Canada and the United States is expected to coincide with a…
China’s Chip Giant Battles for Supremacy, Spares No Expense to Keep Talent
Due to the global importance of semiconductor chips for high-tech development, several Chinese companies have begun producing them. China’s largest chip manufacturer is Semiconductor Manufacturing International Corp. (SMIC). Its co-CEO, Meng-Song Liang, announced last August that progress has been made in its attempts to manufacture 7 nanometer (nm) chips. Yet such chips are not small…
South Korean Chip Giant SK Hynix Unveils World’s Fastest, Highest Capacity Memory Chip
South Korean memory chipmaker SK Hynix Inc. has unveiled the industry’s highest-performing DRAM with a data speed capable of transmitting 163 full-HD movies in a single second. Experts describe this as the fastest and largest capacity memory chip to date. SK Hynix announced on Oct. 20 that it had successfully developed the third-generation DRAM (Dynamic Random-Access…
Google Goes Aggressive to Win Smartphone Market From Apple, Samsung, Xiaomi
Google has asked suppliers to produce over 7 million of its upcoming Pixel 6 smartphones, double its entire phone shipments year-on-year, Nikkei Asia reports. The move marks Google’s attempts to grab market share from Huawei Technologies and ride a post-pandemic recovery in demand. Google aims explicitly to win market share from the top three smartphone…
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