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Today: April 16, 2025
Today: April 16, 2025
Heekyong Yang

Heekyong Yang

Staff Writer

Latest From Heekyong Yang

Asia|Business|Economy|Technology

What Samsung and Vietnam stand to lose in Trump's tariff war

When Samsung Electronics chairman Jay Y. Lee met Vietnam's prime minister in July, he had a simple message to convey.

What Samsung and Vietnam stand to lose in Trump's tariff war
Asia|Business|Economy|Political|US

South Korea announces emergency measures for auto industry hit by US tariffs

South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S.

South Korea announces emergency measures for auto industry hit by US tariffs
Asia|Business|Economy|Technology

Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales

Samsung Electronics on Tuesday flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip

Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales
Asia|Business|Economy|Technology

Samsung Q1 profit to drop 21% on weak AI chip sales, foundry losses

Samsung Electronics is expected to forecast a 21% drop in the first quarter profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued

Samsung Q1 profit to drop 21% on weak AI chip sales, foundry losses
Asia|Business|Technology

Samsung Elec appoints mobile chief as interim head of consumer and smartphone division

Samsung Electronics appointed its mobile chief Roh Tae-moon as acting head of its consumer and smartphone business on Tuesday, following the death of

Samsung Elec appoints mobile chief as interim head of consumer and smartphone division
Asia|Business|Economy|Technology

SK Hynix says some customers brought forward orders ahead of US tariffs

South Korea's SK Hynix, the world's second-largest memory chipmaker, said on Thursday that some customers have brought forward orders in

SK Hynix says some customers brought forward orders ahead of US tariffs
Asia|Business|Technology

Samsung Electronics co-CEO Han Jong-hee dies, leaving new appointee in charge

Samsung Electronics said on Tuesday that co-CEO Han Jong-hee had died of a heart attack, leaving newly-appointed boss Jun Young-hyun solely in charge

Samsung Electronics co-CEO Han Jong-hee dies, leaving new appointee in charge
Americas|Asia|Business|Economy

Hyundai, Trump announce $21 billion US investment, new steel plant

South Korea's Hyundai Motor Group announced a $21 billion investment in the United States with President Donald Trump

Hyundai, Trump announce $21 billion US investment, new steel plant
Americas|Asia|Business|Economy|Technology

GM, Hyundai in talks to share pickups and electric vans in North America, sources say

Hyundai Motor and General Motors are close to finalizing a deal for Hyundai to share two electric commercial van models with the

GM, Hyundai in talks to share pickups and electric vans in North America, sources say
Asia|Business|Economy|Stock Markets|Technology

Samsung CEO says company will pursue deals as it struggles for growth

Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from shareholders after

Samsung CEO says company will pursue deals as it struggles for growth
Asia|Business|Economy|Political|US

South Korean steelmakers eye US production, higher-value products as Trump tariffs kick in

Two South Korean steelmakers said they were considering new investment options in the United States, while Europe's steel mills warned of a

South Korean steelmakers eye US production, higher-value products as Trump tariffs kick in
Asia|Business|Science|Technology

South Korea aims to secure 10,000 GPUs for national AI computing centre

South Korea on Monday announced plans to secure 10,000 high-performance graphics processing units (GPUs) within this year in a bid to keep pace as the global AI race

South Korea aims to secure 10,000 GPUs for national AI computing centre
Business|Technology|US

Samsung SDI, Stellantis choose Indiana for second joint EV battery plant

Stellantis and South Korea's Samsung SDI Co Ltd said on Wednesday they will build a second electric vehicle battery plant in Kokomo, IN, the

Samsung SDI, Stellantis choose Indiana for second joint EV battery plant
Asia|Business|Economy|Finance|News|Stock Markets|Technology

Hyundai sticks to EV rollout plans, sees solid growth this year

Hyundai Motor said on Thursday it would not delay plans to roll out new electric vehicles and was upbeat about prospects for continued growth this year

Hyundai sticks to EV rollout plans, sees solid growth this year
Asia|Business|Europe

Asiana backs sale of cargo unit, removing one hurdle to Korean Air merger

South Korea's Asiana Airlines said on Thursday its board had approved the sale of the company's cargo business - an important step towards allaying EU

Asiana backs sale of cargo unit, removing one hurdle to Korean Air merger
Business|Finance|Technology

Koc Holding revokes pact with Ford, LG Energy Solution for Turkey battery JV

Turkey's Koc Holding said on Friday it revoked an earlier agreement with Ford and South Korean battery maker LG Energy Solution (LGES) for a

Koc Holding revokes pact with Ford, LG Energy Solution for Turkey battery JV
Business|Economy|Finance|Technology

Exclusive-SK On may start mass producing LFP batteries for automakers in 2026 - executive

South Korea's SK On plans to start mass producing lithium iron phosphate (LFP) batteries as early as 2026 to supply several automakers as it

Exclusive-SK On may start mass producing LFP batteries for automakers in 2026 - executive
Asia|Business|Economy|Finance|Stock Markets

Hyundai Motor projects slower growth in 2024 on weak demand, macro uncertainties

South Korea's Hyundai Motor on Thursday predicted slower sales growth this year due to weak demand and economic uncertainties such as interest rates

Hyundai Motor projects slower growth in 2024 on weak demand, macro uncertainties
Business|Finance|Technology|US

Battery firm LG Energy Solution's Q4 profit up 43% on higher US output

South Korean battery firm LG Energy Solution (LGES) posted on Friday a rise of 43% in quarterly profit, helped by increased output from its U.S. joint-

Battery firm LG Energy Solution's Q4 profit up 43% on higher US output
Business|Technology

Exclusive-Samsung to use chip making tech favoured by SK Hynix as AI chip race heats up, sources say

Samsung Electronics plans to use a chip making technology championed by rival SK Hynix, five people said, as the world's top memory chipmaker seeks to catch up in

Exclusive-Samsung to use chip making tech favoured by SK Hynix as AI chip race heats up, sources say
Business|Finance|Technology

LG Energy Solution to minimise capex this year due to slow EV demand

South Korean battery maker LG Energy Solution (LGES) said on Thursday it plans to minimise capital expenditure this year due to slowing global

LG Energy Solution to minimise capex this year due to slow EV demand
Asia|Business|Economy|Finance|Stock Markets|Technology

Hyundai Motor Q1 hurt by weak home sales, doubles down on hybrids, India

South Korean automaker Hyundai Motor Co warned on Thursday of intensifying competition and uncertain global economic conditions after posting a 2.4%

Hyundai Motor Q1 hurt by weak home sales, doubles down on hybrids, India
Business|Finance|Technology

SK Innovation profit tops forecast, battery unit sees EV demand recovery

SK Innovation said on Monday its SK On battery-making unit is still on target to break even in the second half of this year after a forecast-beating

SK Innovation profit tops forecast, battery unit sees EV demand recovery
Business|News|Technology|World

Samsung says AI to drive technology demand in second half after strong Q1

Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, joining rivals in

Samsung says AI to drive technology demand in second half after strong Q1
Business|Economy|Finance|Technology|US

Hyundai Motor plans to add hybrids to US plant within current investment -exec

Hyundai Motor Co plans to use the investment it has already lined up for the United States to produce hybrid vehicles at its electric vehicle (EV) plant there.

Hyundai Motor plans to add hybrids to US plant within current investment -exec

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