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July 4, 2024

Samsung Electronics sets up development team for HBM chips

Samsung Electronics Co., the world’s largest memory chipmaker, has newly set up a unit dedicated to developing high bandwidth memory (HBM) in a bid to regain the leadership in the artificial intelligence semiconductor market, industry

Seoul shares up 0.64 pct late Thurs. morning

South Korean stocks traded 0.64 percent higher late Thursday morning on rising optimism for a rate cut by the Federal Reserve.

The benchmark Korea Composite Stock Price Index had gained 17.8 points to 2,811.81 as

Navy completes acquisition of 6 P-8A maritime patrol aircraft

The Navy completed its acquisition of six P-8A Poseidon maritime surveillance aircraft on Thursday, with the multi-mission assets expected to bolster South Korea’s anti-submarine capabilities against North Korean threats.

Defense Minister Shin Won-si…