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Biz & Tech

Wed, July 28, 2021 | 14:08

SK hynix expects China to approve $9 bil. Intel NAND biz acquisition

SK hynix said Tuesday it expects to get the greenlight from Chinese authorities for its suggested multi-billion dollar acquisition within the latter half of this year.

2021-07-27 16:56

Parole for Samsung chief becoming more likely

Voices in favor of jailed Samsung chief Lee Jae-yong being granted parole on the upcoming Liberation Day, which falls Aug. 15, are getting louder with a growing number of people saying this would help the company take the lead in the semiconductor industry amid stiffening competition.

2021-07-26 16:57

Over 66% of Koreans in favor of granting parole to jailed Samsung heir: poll

More than 66 percent of South Koreans support the idea of granting parole to Lee Jae-yong, the jailed de facto leader of Samsung Group, a poll showed Monday.

2021-07-26 14:14

Top regulator's M&A revision to hit Naver, Kakao

The Fair Trade Commission (FTC) is revising regulations on platform operators' mergers and acquisitions (M&A) deals in hopes of restraining their expansion.

2021-07-26 08:39

Apple leans toward LG as BOE struggles

Apple, which is ramping up production of its latest iPhones and iPads, is leaning toward asking LG and Samsung's display affiliates to supply more small and mid-sized OLED panels. The move comes as Chinese display manufacturer BOE continues to struggle to improve the quality of its small- and mid-sized OLED displays for use in Apple's products.

2021-07-25 14:44

Samsung keeps Olympics marketing subtle

Samsung is taking part in the Tokyo Olympics as an official sponsor, but is keeping marketing low-key, as the spectator-less Summer Games kick off amid the COVID-19 pandemic. Ongoing tension between Seoul and Tokyo is also playing a role.

2021-07-23 18:02

Huawei's 5G smart grid technology gains recognition

Chinese tech company Huawei Technologies has been recognized for its 5G network-based smart grid technology, which gives electricity providers efficient control over their power sources.

2021-07-23 16:27

Samsung introduces upgraded network solutions

Samsung Electronics said Friday it has released upgraded software-defined networking (SDN) solutions to help mobile operators and enterprises better manage their 5G networks.

2021-07-23 14:32

Apple's shift to OLED to benefit LG, Samsung

Apple's shift to using organic light-emitting diode (OLED) panels into its smart devices is expected to boost earnings for local display makers. The iPhone manufacturer plans to incorporate OLED displays into its new iPad model to be released next year, according to reports and sources familiar with the issue, Thursday. This will be Apple's first iPad to feature an OLED displ...

2021-07-22 17:12

Naver's Q2 net jumps nearly 6 times on surge in pandemic-driven fintech, commerce business

South Korea's top internet portal operator Naver said Thursday its net profit jumped nearly six times in the second quarter from a year earlier largely due to a stellar performance of its fintech and commerce businesses amid the new coronavirus pandemic.

2021-07-22 16:52

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