[THE INVESTOR] Samsung Display has long gauged the marketability of large-size organic light-emitting diode displays due to their low production yields and high prices. The display-making unit of Samsung Electronics, however, is said to be speeding up preparations to jump into the sector in earnest, testing a series of technologies to improve production capability. Kateeva’s OLED inkjet printer / The Investor“Kateeva will supply the prototypes of its inkjet printers to its global customers in Ko

Technology July 6, 2016

[THE INVESTOR] Samsung Display, the display business arm of Samsung Electronics, is ramping up its efforts to outpace its rivals in the organic light-emitting diode display sector. As a part of this strategy, the firm is planning a quick transition from liquid-crystal display to OLED at its L7 plant in South Chungcheong Province. The plant currently runs two LCD assembly lines. “Samsung Display will cease the operation of both lines at the L7 plant by the end of this year and replace LCD equipme

Technology July 6, 2016

[THE INVESTOR] Japanese tech firm Toshiba and US hard-disk maker Western Digital will jointly invest 1.5 trillion yen (US$14.6 billion) over the next three years to beef up their flash memory production. The partnership is expected to help Toshiba catch up with Samsung Electronics in the 3-D NAND flash memory sector. Under the latest deal, Toshiba and Western Digital will add a new chip fabrication facility in their existing joint chip-manufacturing plant in Japan’s Yokkaichi complex of Mie Pref

Mobility July 6, 2016

[THE INVESTOR] Chemical firm Kolon Industries has reportedly developed colorless, transparent polyimide -- a material that can be used for flexible and transparent displays.The development of the material, the first of its kind according to the company, is hailed as a big leap forward in the display sector as it can speed up the commercialization of next-generation displays, such as those that can be rolled up or folded. Kolon’s headquarters in Gwachoen, Gyeonggi Province. Kolon“We plan to soon

Industry July 5, 2016

[THE INVESTOR] A group of employees at Samsung Electronics’ US office formed a political action committee in 2015 to engage in activities such as fund-raising and providing support for politicians. Called Samsung Electronics America Inc. Political Action Committee, or Samsung America PAC, the group was formed late last year, and since then has raised around $17,000. Samsung Electronics’ Device Solutions America headquarters. SamsungSteve Merlis, a senior director of Samsung’s government relation

Technology July 5, 2016

[THE INVESTOR] Samsung Electronics’ European sales proportion of its entire revenue has been on a downward trend in recent years, according to the tech giant’s sustainability report on July 3. Samsung earned 38.6 trillion won (US$33.6 billion) in 2015, which takes up 19 percent of the firm’s overall revenue, at 200.7 trillion won, in the European region, including countries belonging to the Commonwealth of Independent States.Participants in the Samsung Europe Forum, a showcase event held in Mona

Technology July 4, 2016

[THE INVESTOR] LG Electronics will reportedly cease its auto engineering business this year.The tech giant has been running the business for the past 10 years, designing and manufacturing car frames for carmakers.Car companies in emerging nations including Indonesia and India are major customers of the Korean firm. LG Electronics’ lightweight vehicle frame / LG Electronics　The move is said to be aimed at quelling rumors that the company would jump into the automobile business in earnest. Having

Technology July 4, 2016

[THE INVESTOR] Samsung Electronics’ sales in China continued its downward spiral for the third consecutive year in 2015, according to a report released by the tech giant on July 3.The annual revenue in the Chinese market continued to decrease from 40.1 trillion won (US$34.9 billion) in 2013, 33 trillion won in 2014 and 31 trillion won in 2015, according to its sustainability report 2016, an annual report that provides information on the firm’s performance on economic, environmental, and social f

Latest News July 4, 2016

[THE INVESTOR] Tech giant Samsung Electronics will release its earnings for the April-June quarter on July 7.All eyes are now on whether its operating profit crosses the 8-trillion-won (US$6.9 billion) threshold for the first time in two years. The firm earned 8.5 trillion won in the first quarter of 2014.Samsung posted more than 8 trillion won of operating income for the seventh consecutive quarter since the third quarter of 2012. Its operating profit reached its peak in the third quarter of 20

Latest News July 4, 2016

 [THE INVESTOR] Mobile messenger operator Kakao has opened its flagship store for character products based on its mobile stickers, called Kakao Friends, in the posh Gangnam district, Seoul, aiming to expand its clout in the mobile world into the retail realm.Despite the heavy rain in Seoul on Saturday, more than a thousand people formed a snaking line in front of the store on the opening day of the Kakao Friends Flagship Store.Kakao`s flagship store in Gangnam. KakaoAs Kakao ran a series of prom

Technology July 3, 2016

[THE INVESTOR] Lotte Group chairman Shin Dong-bin returned to Korea Sunday afternoon after nearly a month out of the country, sparking questions about how he will handle the current investigation into the group.Shin, who landed at Gimpo International Airport at approximately 2:38 p.m., was largely silent when questioned by reporters on his stance on the ongoing prosecutors‘ embezzlement investigation. Lotte Group chairman Shin Dong-bin enters his Seoul office on July 4. / The Investor (Lee Sang-

July 3, 2016

[THE INVESTOR] Tech giant Samsung Electronics’ consumer electronics business is forecast to see its operating profit for the April-June period surpass 1 trillion won ($870 million). Market analysts also expect Samsung to show a strong business performance in the latter half this year, enjoying the weak Korean won due to Britain’s vote to exit the EU. The CE business will likely see its operating income for the second quarter cross 1 trillion won for the first time since 2009, according to invest

Technology July 1, 2016

 [THE INVESTOR] Samsung Group’s electronic components businesses, including Samsung Electro-Mechanics, and Samsung SDI, are forecast to show disappointing earnings results for the April-June period, according to market analysts.Samsung Electro-Mechanics will post 21.7 billion won ($18.9 million) in operating income, down 49.4 percent from the previous quarter, with its revenue coming in at 1.6 trillion won, up 2.6 percent from the first quarter, according to a recent investment report released b

Technology July 1, 2016

[THE INVESTOR] Game developer Nexon said on June 30 that its mobile role-playing game “HIT” will be released in global markets on July 7.The mobile game, which will support 10 languages including English, Chinese, German, French, and Thai, is to hit 140 global markets.But two neighboring countries Japan and China were excluded for the launch.“Japan is different from other markets as animation-inspired games featuring cute characters mostly top the mobile game chart, so we are planning to enter t

Technology June 30, 2016

[THE INVESTOR] Korean network operator SK Telecom has signed a memorandum of understanding with Deutsche Telekom and Ericsson to develop core technologies for the next-generation network, or 5G.Through the partnership, the three will conduct trial tests of key 5G technologies including network functions virtualization, software-defined telecommunications infrastructure, and distributed cloud, all of which will provide optimized end-user experiences, SKT said on Thursday.  SK Telecom‘s booth for

Technology June 30, 2016