August 16, 2023

ECCK picks ex-Beiersdorf exec as new president

The European Chamber of Commerce in Korea (ECCK) said Wednesday it has appointed Stefan Ernst, a former executive of global skin care company Beiersdorf A.G., as its next president.Ernst will succeed Christoph Heider, who has led the chamber for the l…

Samsung to manufacture AI chips for Groq at Taylor fab

Samsung Electronics Co. will supply next-generation artificial intelligence (AI) semiconductors to U.S. AI solutions firm Groq, the U.S. company has said.The California-based fabless said Sunday (U.S. time) it contracted with Samsung Foundry to “solid…

S. Korea’s ICT exports fall for 13 months in a row in July

South Korea’s exports of information and communication technology (ICT) products fell for 13 straight months in July on sluggish demand for high-tech goods and declining chip prices, government data showed Wednesday.Outbound shipments of ICT products …