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U.S. chip production is expensive, Korean chipmakers find

Korean chipmakers are facing a multitude of challenges in building and expanding capacity in the United States, after committing billions of dollars to the...

Samsung, Qualcomm, Google vs. Apple in XR headsets

Samsung Electronics will work with two major U.S. tech companies to develop digital headsets as Apple moves ahead quickly and is promising its own...

Hyundai Mobis reports record revenue in 2022, lower-than-expected net profit

Hyundai Mobis reported lower-than-expected net profit in 2022, impacted by the rising raw material costs. The auto parts maker logged a net profit of 2.5...

Local tech stocks boosted by U.S. market after Lunar New Year break

Korea’s tech stocks, both big and small, received a major boost Wednesday following the Lunar New Year holiday, taking a positive cue from the...

Hyundai Mobis, Qualcomm to develop controller for Level 3 autonomous vehicles

LAS VEGAS — Hyundai Mobis will work together with Qualcomm to develop a controller for Level 3 autonomous vehicles. Executives of the two companies are...

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