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The Latest Breaking News from Lee Jaeyong

South Korea unveils $520 billion investment plan with Samsung and SK Hynix to expand memory chip dominance — plan includes four new fabs and HBM facilities, amid strong government support

President Lee unveiled an 800 trillion won ($520B) public-private plan for four new Samsung and SK Hynix fabs, dwarfing the US CHIPS Act tenfold.

Tom’s Hardware

South Korea announces $1 trillion semiconductor and AI ‘megaprojects’ plan

Samsung stocks drop by four per cent despite major AI and semiconductor investment

The Independent UK

South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand

South Korean tech giants Samsung Electronics and SK Hynix plan to invest a combined $518 billion in a new computer chip manufacturing hub, capitalizing on surging artificial intelligence-driven demand

The Independent UK

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Apple's Record-Breaking Q4, Tim Cook's Bold Prediction And More: This Week In Appleverse

Hey there, Benzinga readers! It’s time for a quick weekend roundup. Here’s what went down over the weekend.

Benzinga

Three billionaires dropped by a fried-chicken joint—and Jensen Huang bought everyone dinner

Nvidia’s Jensen Huang sparked a Korean-fried-chicken stock surge after a viral dinner in Seoul.

Fortune

Samsung Returns To Nvidia Supply Chain After 19 Months

On Thursday, Nvidia (NASDAQ:NVDA) approved Samsung Electronics' (OTC:SSNLF) fifth-generation HBM3E memory for its GB300 artificial intelligence accelerator.

Benzinga

Samsung's Lee Jae-yong Acquitted: What the Supreme Court Ruling Means for South Korea's Tech Future

Samsung Electronics Chairman Lee Jae-Yong is now free of fraud and other charges. The Supreme Court acquitted him, ending the years-long legal battle.

International Business Times UK

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Samsung heirs sell Seoul villa to pay South Korea’s largest-ever inheritance tax bill

Sale of £13m Itaewon property adds to Samsung family’s asset liquidation drive

The Independent UK

Samsung TV Pioneer Han Jong-hee Dead At 63

Samsung Electronics co-CEO Han Jong-hee, credited with boosting the South Korean tech giant's television business on the global stage, died of a heart attack Tuesday aged 63, the company told AFP. "He died from cardiac arrest today," a Samsung spokesperson said, adding that Han was survived by his wife and…

International Business Times

South Korean appeals court upholds acquittal of Samsung chief Lee

A South Korean appeals court has upheld a ruling that acquitted Samsung Electronics Chairman Lee Jae-yong of financial criminal charges over a contentious merger between Samsung affiliates that cemented his grip over the biggest South Korean company

The Independent UK

South Korea Appeals Court Upholds Samsung Chief's Fraud Acquittal

Samsung Electronics chief Lee Jae-yong was cleared again Monday of a raft of charges linked to a controversial 2015 merger which prosecutors claimed was designed to seal his control of the South Korean tech giant.

International Business Times

What we expect from Wear OS smartwatches in 2025

We already know what to expect from Android smartwatches in 2025, from a major hardware upgrade to an inevitable AI focus. Let's run through the list!

Android Central

Samsung's chairman reportedly slams own company's Apple-like product designs

Samsung's chairman is reportedly disappointed that the company is trying to ape Apple's designs.

iMore

Samsung management is furious with its latest 'Apple-like' designs

A report claimed that Samsung's leadership has become angry with the designs of its latest products following criticism.

Android Central

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International Business Times

South Korea Union Pickets Outside Samsung Chairman's House

Leaders of a South Korean union representing tens of thousands of workers at Samsung Electronics staged a protest Thursday outside the house of the company's chairman and heir, after fresh negotiations failed.

Top News

Samsung Chief Lee Jae-yong Acquitted of Financial Crimes in South Korean Court

Samsung's Lee Jae-yong is acquitted of financial crimes by a South Korean court. Get the latest update on the high-profile case that shook the tech world.

International Business Times

S. Korean Court Acquits Samsung Chief Over 2015 Merger Case: Yonhap

A South Korean court on Monday acquitted Samsung Electronics chief Lee Jae-yong of a raft of crimes linked to a controversial 2015 merger, the Yonhap news agency reported.

International Business Times UK

Samsung Chair Calls Galaxy Phones More Disappointing Than iPhones, Urges AI Focus

While Chairman Lee insisted on providing services users need, it is unclear why he thinks iPhones are better than their Galaxy phones.

InsideEVs

Tesla's Elon Musk And Execs Meet With Samsung Chairman And Team

Musk has had a busy week of meetings and appearances. We've learned that he also squeezed in a meeting with Samsung reportedly related to autonomous driving.

Al Jazeera

South Korea’s jailed ex-president Lee gets presidential pardon

South Korean President Yoon Seok-yeol issues pardons for more than 1,300 people in bid for ‘national unity.’

Asharq Al-Awsat

Samsung Electronics Says Q3 Operating Profit Down 31% on-year

South Korean tech giant Samsung Electronics on Thursday said its third-quarter operating profits were down 31.39 percent year on year after a global economic downturn hit demand for consumer electronics. Earnings in its crucial memory chips division dropped, the company said in a statement, adding that "demand for consumer products…

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