The best justice money can buy
Well they did follow the American dream model, so should we be surprised ?
Samsung boss Lee Jae-yong is in trouble – again – this time over false filings about the extent of his shareholdings. Korean law requires owners of large businesses to disclose details of affiliate companies they control, or in which family members have an interest. The requirements aim to prevent unfair cross-investment in " …
Australia’s Competition and Consumer Commission has fined Samsung Electronics AU$14 million ($9.6 million) for making for misleading water resistance claims about 3.1 million smartphones.
The Commission (ACCC) says that between 2016 and 2018 Samsung advertised its Galaxy S7, S7 Edge, A5, A7, S8, S8 Plus and Note 8 smartphones as capable of surviving short submersions in the sea or fresh water.
As it happens The Register attended the Australian launch of the Note 8 and watched on in wonder as it survived a brief dunking and bubbles appeared to emerge from within the device. Your correspondent recalls Samsung claiming that the waterproofing reflected the aim of designing a phone that could handle Australia's outdoors lifestyle.
Samsung has once again been accused of cheating in benchmark tests to inflate the apparent abilities of its hardware.
This time Samsung has allegedly fudged the results for its televisions, specifically the S95B QD-OLED and QN95B Neo OLED LCD TVs.
The demand for consumer electronics has slowed down in the face of inflation – but that didn't stop nine of the world's 10 largest contract chip manufacturers from growing in the first three months of the year.
That's according to Taiwanese research firm TrendForce, which said on Monday the collective revenues for the top 10 chip foundries grew 8.2 percent to $31.96 billion in the first quarter of 2022 from the previous quarter. That's a hair slower than the 8.3 percent quarterly growth reported for the top-ten foundries in the fourth quarter of last year.
On a broader level, TrendForce said this revenue growth came from a mix of "robust wafer production" and foundries continuing to raise the prices of wafers as a result of high demand.
In yet another sign of how fortunes have changed in the semiconductor industry, Taiwanese foundry giant TSMC is expected to surpass Intel in quarterly revenue for the first time.
Wall Street analysts estimate TSMC will grow second-quarter revenue 43 percent quarter-over-quarter to $18.1 billion. Intel, on the other hand, is expected to see sales decline 2 percent sequentially to $17.98 billion in the same period, according to estimates collected by Yahoo Finance.
The potential for TSMC to surpass Intel in quarterly revenue is indicative of how demand has grown for contract chip manufacturing, fueled by companies like Qualcomm, Nvidia, AMD, and Apple who design their own chips and outsource manufacturing to foundries like TSMC.
South Korea's Aerospace Research Institute (KARI) yesterday succeeded in its endeavor to send the home-grown Nuri launcher into space, then place a working satellite in orbit.
The launch was scheduled for earlier in June but was delayed by weather and then again by an anomaly in a first-stage oxidizer tank. Its October 2021 launch failed to deploy a dummy satellite, thanks to similar oxidizer tank problems that caused internal damage.
South Korea was late to enter the space race due to a Cold War-era agreement with the US, which prohibited it developing a space program. That agreement was set aside and yesterday's launch is the culmination of more than a decade of development. The flight puts South Korea in a select group of nations that have demonstrated the capability to build and launch domestically designed and built orbital-class rockets.
Samsung vice chairman Lee Jae-yong is said to be courting Dutch chipmaker NXP on a visit to Europe to bolster the company's position in the automotive semiconductor market.
According to the Asian Tech Press, Jae-yong, who has been released on probation after serving time on corruption charges, is expected to visit several chipmakers and semiconductor manufacturing vendors including the Netherland's NXP and ASML, as well as Germany's Infineon. Press became aware of Jae-yong's plans after a Seoul Central District Court approved the vice chairman's travel plans.
NXP offers a wide array of microprocessors, power management, and wireless chips for automotive, communications, and industrial applications. However, the Asian Tech Press said Samsung's interest in the company, which is valued at approximately $56 billion, is primarily rooted in the company's automotive silicon.
South Korea's ambition to launch a space industry on the back of a locally developed rocket have stalled, after a glitch saw the countdown halted for its latest attempt to place its Nuri vehicle into orbit.
The launch was planned for Wednesday, but postponed by a day due to unfavourable weather.
The Korea Aerospace and Research Institute tried again but, as the countdown progressed, an anomaly appeared in a first stage oxidizer tank. That issue was considered so serious that Nuri was returned to its assembly facility.
Having successfully appealed Europe's €1.06bn ($1.2bn) antitrust fine, Intel now wants €593m ($623.5m) in interest charges.
In January, after years of contesting the fine, the x86 chip giant finally overturned the penalty, and was told it didn't have to pay up after all. The US tech titan isn't stopping there, however, and now says it is effectively seeking damages for being screwed around by Brussels.
According to official documents [PDF] published on Monday, Intel has gone to the EU General Court for “payment of compensation and consequential interest for the damage sustained because of the European Commissions refusal to pay Intel default interest."
Microsoft and Samsung have teamed to stream Xbox games on the Korean giant's smart televisions and monitors.
Samsung has offered streaming games since early 2022, taking advantage of its smart displays running the Linux-based Tizen OS. The "gaming hub" installed on those devices can already deliver games from Google Stadia and Nvidia GeForce Now.
Xbox is a rather larger brand, making this deal considerably more significant.
The global economy may be in a tenuous situation right now, but the semiconductor industry is likely to walk away from 2022 with a "healthy" boost in revenues, according to analysts at IDC. But beware oversupply, the analyst firm warns.
Semiconductor companies across the world are expected to grow collective revenues by 13.7 percent year-on-year to $661 billion, IDC said in research published Wednesday. Global semiconductor revenue last year was $582 billion.
"Overall, the semiconductor industry remains on track to deliver another healthy year of growth as the super cycle that began in 2020 continues this year," said Mario Morales, IDC group vice president of semiconductors.
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