Samsung Electronics unveils HBM5 roadmap, new cooling tech at Computex SEOUL, June 02 (AJP) - Samsung Electronics on Tuesday showcased a mock-up of its next-generation High Bandwidth Memory 5 (HBM5) chips and introduced a new thermal management technology at the Computex exhibition in Taipei. The South Korean tech giant is moving to secure its position in the expanding artificial intelligence (AI) memory sector, following its recent mass production of HBM4 and sample shipments of HBM4E chips. Song Jae-hyuk, Chief Technology Officer of Samsung&rsqu June 2, 2026

Korea sees 80% of summer crude secured as Mideast war strains supply SEOUL, June 02 (AJP) - South Korea expects to secure most of the crude oil it needs for August by next month, the energy minister said, seeking to quell fears of a supply crunch as the Middle East war drags into its fourth month. Industry Minister Kim Jung-kwan told a cabinet meeting chaired by President Lee Jae Myung that projected August crude volumes were climbing steadily and would reach the mid-80 percent range of normal levels during July, the 95th day of the conflict. Fr June 2, 2026

Samsung Heavy wins $2.8 billion FLNG order in North America SEOUL, June 02 (AJP) - Samsung Heavy Industries announced it has won an order to build one floating liquefied natural gas (FLNG) production unit for a North American client, in a deal worth 4.33 trillion won ($2.85 billion). The South Korean shipbuilder said Tuesday through regulatory filings that construction will begin once the client issues a notice to proceed, with delivery scheduled for July 2030. It did not name the buyer. FLNG units are vast offshore vessels that extract, June 2, 2026

Korean Navy to join RIMPAC, take first command role in multinational maritime exercise SEOUL, June 02 (AJP) - South Korea’s Navy said Monday its Aegis destroyer Jeongjo the Great will depart for the Rim of the Pacific exercise (RIMPAC), marking the first time the service will assume a major command role in the U.S.-led multinational maritime drill. The 8,200-ton destroyer left Jeju Naval Base on Monday and will join the exercise, which will take place in waters off Hawaii from late June through July, according to the Navy. It will be the first RIMPAC particip June 2, 2026

Korea, Canada deepen advanced industry ties with MOUs in defense, space sectors SEOUL, June 02 (AJP) - South Korea and Canada discussed ways to expand cooperation in advanced industries, with companies from the two countries signing three memorandums of understanding in the defense and space sectors, Seoul's industry ministry said Monday. The Korea-Canada Advanced Industry Cooperation Business Roundtable was held at the Park Hyatt Toronto hotel, organized by the Korea Trade-Investment Promotion Agency, or KOTRA, according to the Ministry of Trade, Industry June 2, 2026

NVIDIA, Samsung Display team up to showcase GeForce RTX 50 performance on OLEDs SEOUL, June 02 (AJP) - Samsung Display has partnered with global AI computing leader NVIDIA to showcase a premium OLED gaming experience at COMPUTEX 2026, Asia's largest IT exhibition, which opened today at the Taipei Nangang Exhibition Center. The collaboration features a visual experience zone where visitors can experience vivid game graphics on Samsung OLED and QD-OLED displays optimized for the latest NVIDIA GeForce RTX 50 Series GPUs. The demonstration utilizes PCs equipp June 2, 2026

Samsung Electronics to relocate US headquarters from New Jersey to Texas SEOUL, June 2 (AJP) - Samsung Electronics will relocate the headquarters of its U.S. unit from New Jersey to Texas, according to industry officials. The electronics giant has reportedly informed employees that it plans to relocate its U.S. headquarters from Englewood Cliffs, New Jersey, to Plano, Texas, by the end of this year. The move, which industry observers say is intended to strengthen coordination across Samsung's semiconductor, mobile, and network businesses, would co June 2, 2026

SK Group chairman attends GTC Taipei to solidify Nvidia partnership, discuss customized AI memory SEOUL, June 1 (AJP) - SK Group Chairman Chey Tae-won attended the GTC Taipei 2026 keynote on Monday, reinforcing the South Korean conglomerate's ongoing artificial intelligence (AI) infrastructure partnership with Nvidia. Accompanied by SK hynix CEO Kwak Noh-jung, Chey observed Nvidia CEO Jensen Huang's presentation, which outlined the U.S. chipmaker's "Vera Rubin" mass production roadmap and future AI platforms. This marks the third major engagement between th June 1, 2026

New ad solution to connects mobile navigation with digital billboards in South Korea SEOUL, June 1 (AJP) - Innocean has launched what it describes as South Korea's first advertising solution linking mobile navigation services with large digital billboards, it said on Monday. Innocean is a Seoul-based advertising agency affiliated with Hyundai Motor Group. The solution links TMAP, one of South Korea's most widely used navigation apps, with Innocean's digital out-of-home, or DOOH, media network in major commercial districts. The service aims to reach co June 1, 2026

Samsung's shipment of HBM4E samples seen as strategic move ahead of Jensen Huang's Seoul visit SEOUL, June 1 (AJP) - Samsung Electronics' shipment last week of next-generation High Bandwidth Memory 4E (HBM4E) samples is widely seen as a strategic overture to Nvidia, just ahead of chief executive Jensen Huang's visit to South Korea, multiple experts said. In a timed move, Samsung announced last Friday that it has begun shipping the industry's first 12-layer HBM4E samples to global customers. The rollout comes just days before Huang's upcoming visit to Seoul, fo June 1, 2026