Samsung Electronics is reportedly carrying out layoffs in Southeast Asia, Australia, and New Zealand, which could impact less than 10% of its workforce in those regions, according to sources cited by Bloomberg. The scale of layoffs may vary across subsidiaries. The sources also indicated that job cu...

As rumors indicate that Samsung plans to withdraw personnel from its USD 40 billion Taylor, Texas plant, a recent report by The Korea Herald dismisses the speculation. Citing a local economic development chief, the report notes that construction is on track to be finished by mid-2025, and the withdr...

While South Korean memory giants Samsung Electronics and SK hynix saw their sales in China double in the first half of this year, the country as a whole seems to heavily rely on China for essential semiconductor raw materials as well, with silicon, germanium, gallium and indium seeing the largest in...

According to a Wall Street Journal report cited by Reuters, two of the world’s largest chipmakers, TSMC and Samsung Electronics, have explored potential chip projects in the United Arab Emirates (UAE) that could be worth over $100 billion in the coming years. Top executives from TSMC have visit...

In 2024, the storage market is experiencing dynamic changes, with many positive developments, including rising contract prices, significant revenue growth for manufacturers, and multiple breakthroughs in technology. Amid this, major storage companies are gearing up for new challenges, especially as ...