Category: Electronics

Retail News Asia is committed to providing both local and global retailers with the latest Electronics news throughout the Asian market. This on a daily base.

  • Honor’s upcoming flagship wants a seat at the champions table

    Honor’s upcoming flagship wants a seat at the champions table

    Although specs and price should be the deciding factor when purchasing a phone, “brand” is one of the most important aspects that convinces customers to buy certain products.

    To put it bluntly, Apple and Samsung have monopolized certain markets like the United States through the sheer power of their branding. But other companies are making products that are at least as good and are priced much lower.

    Honor is one of the brands that have been trying to enter the US market for years before Chinese companies have become undesirable in the country. The most recent Honor flagships offer good value for money, especially since they typically cost less than Samsung’s top-tier phones.

    The upcoming flagship to be released by Honor later this year definitely wants a seat at the champions table. The first details about the unannounced Honor Magic 8 Pro indicate that this will be a real beast.

    Honor’s flagship will be equipped with Qualcomm’s not-yet-release Snapdragon 8 Elite 2 processor. Also, reliable tipster Digital Chat Station claims the Magic 8 Pro boasts a very powerful triple camera system that includes 50-megapixel main, 50-megpaixel ultra-wide, and 200-megapixel periscope telephoto cameras.

    Yest, this is the same camera configuration as the Magic 7 Pro, except that the upcoming Magic 8 Pro will use the OmniVision OV50Q sensor to power its main snapper. On top of that, DCS says the camera system supports “smooth frame transition” and “super frame synthesis.”

    In addition, Honor managed to further improve focus speed and optimized high dynamic range. More importantly, the Magic 8 Pro camera is said to consume a lot less power than the Magic 7 Pro, another key aspect that Honor decided to fine-tune.

    These are all the details about the Magic 8 Pro that have been leaked so far, but it’s more than we expected considering that the phone isn’t expected to arrive until later this fall.

    Even though Honor hasn’t announced anything about the Magic 8 Pro, the Chinese company usually launches its second flagship for the year in Q3, so there’s still time to learn at lot more about the device.

  • Samsung announces important changes to Galaxy A series

    Samsung announces important changes to Galaxy A series

    Samsung has just announced that through a partnership with Google it will bring one of the most popular AI features to Galaxy A series devices. Samsung Galaxy S series can already activate Gemini AI through the side button, but this feature will soon expand to Galaxy A series phones.

    Thanks to the latest update, Galaxy A series users will be able to enjoy smarter AI experiences, such as launching Gemini, Google’s AI-powered assistant, by simply pressing and holding the side button.

    Samsung and Google have been working together to deliver seamless, intuitive and meaningful AI experiences, making the latest technology more accessible for more users. We’re excited that Galaxy A series users will now be able to activate Gemini faster and more naturally through a simple gesture that brings intelligent support into the flow of daily tasks.

    According to Samsung, the first Galaxy A series to enjoy the new AI feature are those phones it launched in the last two years. Below is the full list of Galaxy A series phones that have been confirmed to receive this update that will allow users to activate Gemini AI through the side button:

    Samsung Galaxy A series users will soon be able to activate Gemini from the side button | Image credit: Samsung

    It’s important to mention that the update that’s supposed to bring the new AI-oriented feature will be available only after the phones above have received their One UI 7 upgrade, which is scheduled to begin rolling out in May.

    Naturally, availability and supported features may vary by market, carrier and device model, which basically means that not everyone may get the update at the same time and not everyone’s phone might offer the same new functionality after the update.

    Three of the phones in the list will most likely be among the first to receive the new update because they were launched with One UI 7, so there’s no need to wait for that update to arrive. These phones are the Galaxy A56 5G, Galaxy A36 5G, and Galaxy A26 5G.

  • A big change is coming next month to file sharing on Samsung laptops

    A big change is coming next month to file sharing on Samsung laptops

    If you’re using a Samsung laptop and rely on Google’s Quick Share for moving files around, get ready for a change. Samsung is taking the reins for the Quick Share experience on its own Windows machines starting May 28, 2025. This move consolidates the file transfer feature under Samsung’s control for its PC and laptop users.

    One app to rule them all

    This shift means the standalone Quick Share app provided by Google will be phased out on Samsung laptops (and PCs). According to the release notes for the latest Quick Share app update from Google (version 1.0.2180.0), come May 28th next year, attempting to use the Google version on a Samsung laptop will prompt you to install Samsung’s own Quick Share application instead.

    Google has already updated its app, paving the way for this transition. The application has been renamed from “Quick Share from Google” to simply “Quick Share”, and crucially, compatibility with Samsung’s version has been added.

    Streamlining the sharing process

    This move aims to streamline the file-sharing experience for users within the Samsung ecosystem. For a while now, there have been two “Quick Share” experiences floating around: Google’s Nearby Share (which was rebranded to Quick Share early last year) and Samsung’s own Quick Share feature, which predates Google’s widespread adoption of the name. This created some confusion, especially when sharing between Samsung phones, non-Samsung Android devices, and Windows PCs.

    Google and Samsung announced plans to merge these experiences back in early 2024, aiming for a unified file-sharing solution similar to Apple’s popular AirDrop feature that works seamlessly between iPhones, iPads, and Macs. Other alternatives like Microsoft’s Phone Link also offer ways to bridge phone and PC, but Quick Share focuses specifically on rapid, direct file transfers. This upcoming change on Samsung laptops is the next logical step in that consolidation effort, ensuring Samsung users have a consistent experience managed directly by Samsung across their Galaxy phones and Galaxy Book computers.

    Handing control over to Samsung for its own laptops makes a lot of sense. It should reduce confusion and hopefully lead to a more integrated and seamless file-sharing process for people invested in Samsung’s hardware. While swapping apps might involve a quick download and potentially getting used to a slightly different interface, having a single, manufacturer-managed Quick Share application on Samsung PCs is ultimately a positive step. It moves towards a less fragmented experience when you just want to send a photo or document from your phone to your laptop quickly, simplifying a common task.

  • Apple wants to make MacBook lids stronger and safer

    Apple wants to make MacBook lids stronger and safer

    Ever since Apple silicon elevated the MacBook lineup from just pretty laptops to actually very powerful ones they have become a fan favorite of the industry. Since then the MacBook has seen marginal performance upgrades each year but Apple is now considering improving another aspect of its laptops: the lids.

    The MacBook Air and MacBook Pro make use of magnets in their lids to detect when it is closed or open and to keep it closed securely when it’s the former. Apple has filed a patent that alleges that these magnets produce stray magnetic fields even when not in use. The company says that these magnetic fields have the potential to damage nearby items and cited credit cards as possible victims.

    Apple then goes on to describe a new magnetic system that it wants to develop for its MacBook lineup. The new proposed magnetic array will in essence be an electromagnetic system. Apple says that the magnets can be, in very simple terms, switched on or off depending on whether they are needed at the moment.

    The biggest benefit seems to be that the magnetic array won’t produce stray magnetic fields when the MacBook lid is open. Apple may also be able to incorporate much stronger magnets to more reliably keep the lid closed without fear of damaging nearby items when the lid is open.

    The current magnetic array found in MacBook models is not really that strong that it would fry your credit card. So at first I thought this was a very unnecessary upgrade that Apple is thinking about. But the possibility of stronger magnets to keep the lid closed would definitely give the MacBook an even more premium feel.

    Many people who switch from a Windows laptop to a MacBook often mention how much more premium the latter feels. And while more expensive Windows laptops obviously feel more premium too, Apple has a reputation for classy products that it tries very hard to keep. As such the new proposed magnetic array could, in my opinion, give that reputation another slight boost.

    This is just a patent for now but it’s definitely a lot more easily achievable than so many of the more fantastical patents we see every day.

  • HP teams up with a new partner to make its laptops smarter and more secure

    HP teams up with a new partner to make its laptops smarter and more secure

    AI-powered devices are quickly taking over – not just in smartphones but across the PC market, too. HP is one of the latest to jump into the AI race. The company recently overhauled its entire lineup of mobile and desktop computers to cater to the growing demand for AI-driven enterprise solutions. And with its refreshed portfolio packed with AI PCs, HP is now taking things a step further.

    The company has teamed up with Reincubate, a leader in edge AI and audio-video processing, for a multi-year partnership. Their goal? To improve on-device video and video conferencing by integrating Reincubate’s AI video technology directly into HP’s hardware.We’re excited to partner with Reincubate to harness its AI video technology, enabling HP’s next gen AI PC users to collaborate clearly.

    This partnership leverages HP’s next-gen AI PC NPUs to deliver more immersive digital collaboration experiences. Because all the AI processing of video and audio is entirely local on the NPU, it’s not only more efficient, but completely secure.

    NPUs (neural processing units) are unlocking a new level of AI-powered performance in laptops, delivering faster speeds, stronger security and seamless connectivity. Plus, by handling AI tasks independently, NPUs take the pressure off the CPU and GPU, resulting in better efficiency and extended battery life.

    Reincubate’s AI technology is fine-tuned to work with NPU-equipped SoCs from HP’s chip partners, maximizing the potential of AI-driven computing.

    It is great to see more companies leaning into on-device AI rather than relying on cloud processing. This means AI tasks are handled directly on the device – whether it is a smartphone, laptop or another gadget – without sending data to remote servers. The result? Stronger privacy since sensitive information stays on the device instead of being stored elsewhere.

    On-device AI also means instant processing without the lag that comes from bouncing data between a device and the cloud. Plus, AI-powered features continue to work even when there is no internet connection, making them more reliable in any situation.

    Big names like Apple, Samsung and Google have already embraced the idea of running generative AI directly on their devices.

    Overall, ARM-based machines, known for their efficiency, are quickly becoming the go-to for on-device AI and HP’s lineup already includes several Snapdragon-powered laptops, such as the HP EliteBook Ultra, HP Elite Folio and HP OmniBook 5.

  • Is the EU’s push for more iPhone openness going too far?

    Is the EU’s push for more iPhone openness going too far?

    Apple’s relationship with the European Union has always been complicated, but the latest set of demands might be the point where the company starts pushing back more aggressively. Under the EU’s Digital Markets Act (DMA), Apple is being asked to open up even more of its famously closed ecosystem—this time targeting features that many would argue are fundamental to the Apple experience itself. And unlike with USB-C or RCS, this doesn’t feel like a consumer win. It feels like regulators are tampering with what makes Apple… Apple.

    Let’s backtrack for a second. The Digital Markets Act is a set of rules meant to keep “gatekeepers”—large tech companies with dominant platforms—from using that power to squash competition. Apple, along with Meta, Google, and others, falls into that category. So far, we’ve seen the EU use that power to get Apple to adopt USB-C on iPhones and begin support for RCS messaging in iOS 18—both reasonable and arguably overdue. But now, the EU wants Apple to take things much further.

    The new requirements include opening up the iPhone’s NFC chip (used for tap-to-pay services) to third-party apps beyond Apple Pay, letting non-Apple smartwatches access the same notification integrations as the Apple Watch, and even allowing non-AirPods to take advantage of features like seamless device switching. There’s also pressure to make AirDrop and AirPlay available to rival platforms.

    These are no longer just tweaks to help with interoperability or convenience. These are foundational elements of the Apple ecosystem—features that have historically been exclusive and are part of the reason many people choose Apple products over Android or other alternatives. Apple didn’t mince words in its response, stating that some of the changes the EU wants “pose very real privacy and data security risks” for users.

    That’s not just PR spin. Apple’s closed ecosystem has long been a double-edged sword—it offers security, consistency, and tight integration between devices, but at the cost of flexibility and openness. Plenty of people criticize Apple for that, and some of that criticism is valid. But forcing Apple to break down those walls entirely starts to feel like regulators trying to re-engineer a product, rather than just leveling the playing field.

    The Digital Markets Act forced Apple to allow third party app stores on the iPhone, to which Apple complied, but only in this region. | Image credit — DMA.

    And while Apple might be complying—at least on paper—it’s already found creative ways to limit how much these new rules actually affect the user experience. For example, in iOS 17.4 (the version tailored to the EU’s DMA requirements), Apple lets third-party app stores and alternative browser engines exist, but the hoops developers need to jump through are significant. And users are hit with scary warnings that could discourage them from straying too far from the Apple-approved path.

    What’s becoming clearer is that Apple may choose to keep restricting or disabling certain features in the EU entirely rather than continue to change the DNA of its products. We’ve already seen this play out with things like Apple Cash and Apple Card—both of which are still unavailable in the EU due to regulatory complications. And it’s not out of the question that some of the seamless device features we’ve gotten used to might eventually be region-locked.

    To be fair, Apple isn’t the only company under the DMA’s microscope. Google is also being asked to give users more choice when setting up Android devices, and Meta is facing scrutiny over how its services are bundled. But Apple is unique in how much of its brand is built around exclusivity and tight integration. Forcing them to open up feels more disruptive than it might be for a company that already plays well with others.

    As someone who generally supports more openness in tech—especially when it helps consumers—I was all for the EU pushing Apple toward USB-C and RCS. Even more so as someone who uses both an iPhone and an Android device as a daily driver. Those are about standardization and making basic tech functions easier for everyone. But this latest round of demands feels like something else entirely. It’s one thing to create fairer conditions for competition; it’s another to dismantle what makes a product distinct in the name of fairness.

    Apple shouldn’t be above regulation, and healthy competition is important. But regulators also need to recognize when they’re crossing from creating opportunity into reshaping products in a way that users didn’t ask for. At this rate, Apple may eventually decide it’s just not worth offering the same iPhone experience in the EU at all.

  • iPhone 16 series to be available in Indonesia next month

    iPhone 16 series to be available in Indonesia next month

    Teach giant Apple announced that the iPhone 16 will be available in Indonesia from April 11, indicating the sales ban in Southeast Asia’s biggest economy had been lifted.

    The government in October prohibited the marketing and sale of the model over the US tech titan’s failure to meet regulation requiring 40% of phones be made from local parts.

    However, Apple struck a deal with the Indonesian government last month to invest in the country of 280 million after months of deadlock.

    “Today, Apple announces that all iPhone 16 series… will be available starting from Friday, April 11,” the company said in a statement on Wednesday.

    The industry ministry said this month it had approved local certificates for more than a dozen Apple products.

    Last week, The Ministry of Communication and Digital Affairs said Apple has also obtained a certificate needed for all telecommunication devices with transmission.

    Jakarta rejected a $100 million investment proposal from Apple in November, saying it lacked the “fairness” required by the government.

    Apple later agreed to invest $150 million in building two facilities — one in Bandung in West Java province to produce accessories, and another in Batam for AirTags.

    Industry Minister Agus Gumiwang Kartasasmita said last month that Apple had also committed to building a semiconductor research and development center in Indonesia, calling it a “first of its kind in Asia”.

    Despite the ban on iPhone sales in Indonesia, the government had allowed the devices to be brought in if they were not being traded commercially.

    Indonesia has also banned the sale of Google Pixel phones for failing to meet the 40% local parts requirement.

  • Samsung Foundry drops further behind TSMC after disasterous Q4

    Samsung Foundry drops further behind TSMC after disasterous Q4

    TSMC is the largest contract chip foundry in the world. Looking at its roll call of customers, you can see why it is number one. After all, the Taiwan-based foundry manufactures chips based on designs submitted by companies such as Apple, Nvidia, AMD, MediaTek, Qualcomm, and Broadcom. Data compiled by TrendForce that The Chosun Daily published says that during the fourth quarter of 2024, TSMC’s market share rose 2.4 percentage points to 67.1%.
    That means approximately two out of every three chips produced during the last three months of the year were built by TSMC. As for second-place Samsung Foundry, its market share dropped 1 full percentage point from 9.1% to 8.1% during the same quarter. Sammy’s foundry has had to deal with poor yields on its advanced chips, which this year resulted in the use of Qualcomm’s Snapdragon 8 Elite for Galaxy application processor (AP) on every Galaxy S25 series unit.
    A repeat could be in store for next year’s Galaxy S26 line unless Samsung Foundry can hike its yield on 2nm production from the current 30% before mass production of the Exynos 2600 AP begins. If there is enough of an improvement, the Exynos 2600 SoC will power the Galaxy S26 and Galaxy S26+ in all markets except for the U.S., China, and Canada.
    But we digress. The gap in market share between TSMC and Samsung Foundry increased sequentially from 55.6% in Q3 to 59% in Q4. TrendForce says that TSMC is benefiting from the AI buzz as demand for Nvidia’s GPU chips used for AI training, inference (predictions and decisions), and computing picks up. Those chips are made by TSMC.
    Also helping TSMC is the demand for high-end smartphone chips including those used to power the iPhone, and Samsung’s flagship Galaxy S and foldable Galaxy Z models. Starting this year the new Tensor G5 AP, designed by Google from the ground up, will be built by TSMC using its third-generation 3nm node (N3P) and deployed in the Pixel 10 line. That is the same node that TSMC will use to build Qualcomm’s Snapdragon 8 Elite 2 for next year’s Galaxy S26 Ultra.
    You might be wondering which foundry is in third place behind Samsung Foundry. That would be China’s largest foundry, SMIC. While the latter appears to be handling the production of Huawei’s APs, it also could be making some money building Huawei’s Ascend AI accelerators. Long-time PhoneArena readers probably are aware that thanks to U.S. sanctions, SMIC cannot purchase extreme ultraviolet lithography machines preventing SMIC from building chips using a process node more advanced than 7nm.
    TSMC generated $26.85 billion in revenue during Q4 2024, a gain of 14.1% year-over-year. Samsung Foundry’s Q4 revenue declined 1.4% to $3.26 billion.
  • Apple confirms your iPhone won’t be getting this key Apple Intelligence feature until next year

    Apple confirms your iPhone won’t be getting this key Apple Intelligence feature until next year

    Apple has announced that some of its planned artificial intelligence enhancements for Siri, its well-known voice assistant, will not be available until 2026, pushing back the initial rollout. This adjustment means certain features designed to make Siri more personalized and capable of handling tasks across various apps will require additional development time.

    The company released a statement explaining that their work on a more context-aware Siri, capable of understanding and acting on user-specific information within and between applications, is proving more complex than initially anticipated. Apple had previously indicated these features would be introduced in 2025. Now, users will have to wait longer to experience these advanced capabilities.

    Apple representative to John Gruber, Daring Fireball

    These planned improvements are part of Apple’s broader “Apple Intelligence” initiative, which includes a range of AI-driven features. Among the most anticipated are those that would allow Siri to interact more seamlessly with data stored on Apple devices. For instance, imagine asking Siri to find a podcast recommendation from a friend or to retrieve flight details sent by a family member. These actions would rely on Siri’s ability to access and process information directly from the device.

    To support these AI features while maintaining user privacy, Apple has been developing a new cloud computing infrastructure powered by its own chips. This infrastructure is designed to process data in a way that respects user privacy, a core principle for the company. The complexities of building and refining this system, while also enhancing Siri’s capabilities, appear to be contributing to the delay.

    This delay was actually first reported by Bloomberg’s Mark Gurman last month, explaining that the company had been running into issues when it came to getting them working as expected in iOS 18.4, which is expected to roll out in April. He also predicted the possibility of a delay until iOS 18.5, which is expected in May. However, with a delay until next year, it is now looking like the delay is more serious than originally thought.

    While this news is disappointing, I believe Apple users would prefer the launch of a finished product, rather than an unfinished one with the potential to compromise user privacy. It will be interesting to see how Apple manages to deliver these features in the future, and how they balance privacy and functionality.

  • Apple teases a new Air device

    Apple teases a new Air device

    Anticipation is reaching peak levels today as Apple has hinted at a new “Air” device launching this week, and while a MacBook Air refresh seems probable, many are hoping for an iPad or even an iPhone version. A brief social media post from Apple CEO Tim Cook, featuring a cryptic video and the phrase “There’s something in the air,” has fueled this anticipation.

    Though analysts like Mark Gurman from Bloomberg suggest updated 13-inch and 15-inch MacBook Air models, powered by the M4 chip, are the most likely candidates, the desire for a new iPad or iPhone Air persists. This is especially true given recent reports of Apple clearing out existing iPad Air inventory, a common precursor to a new product launch. The timing aligns with past releases, as Apple introduced the M3 MacBook Air around this time last year.

    The possibility of a new iPad Air would enhance features and design improvements in Apple’s tablet line. Given how much many users enjoy the iPad, this would be a welcome change.

    The more distant, but still tantalizing, possibility is a new iPhone “Air” model. Although it is generally believed that this is too soon, the thought of a new iPhone model is still exciting. This iPhone rumor, while less likely, adds an element of surprise to the unfolding narrative.

    The focus on the M4 chip, if it does pertain to a MacBook, indicates Apple’s continued push for performance and efficiency in its laptop series. However, the prospect of a refreshed iPad or even a new iPhone “Air” model offers a different kind of excitement, especially with the focus on thin devices that smartphone OEMs seem to be heavily focused on lately. The clearing of iPad inventories adds some weight to this hope, even if the MacBook refresh is the most likely outcome.

    Personally, I’m hoping for the iPad Air. While the MacBook is always welcome, a new iPad Air would be a nice change for those who like tablets. A new iPhone would be even better, but that seems like a long shot.

  • Aux enters Vietnam’s air conditioning market with new innovations

    Aux enters Vietnam’s air conditioning market with new innovations

    Aux Air Conditioning has officially entered the Vietnamese market, marking its debut with two major dealer conferences in Ho Chi Minh City and Hanoi.

    The events attracted industry experts, distributors, and media representatives, signaling the brand’s commitment to the country’s growing demand for efficient and innovative cooling solutions.

    Miyaba, an expert from the Japan R&D Center, stated that Aux conducted extensive market research before launching in Vietnam, aiming to meet consumer expectations beyond just cooling.

    “Consumers’ demands for air conditioning go beyond just cooling; they aspire to have air conditioners that operate quietly, exhibit exceptional energy efficiency, and adapt to local conditions,” Miyaba noted. The C-Series air conditioners, explicitly developed for Vietnam, aim to fulfill these expectations.

    Vietnam’s high humidity and coastal environment pose unique challenges for air conditioners. To address this, the C-Series models feature double-sided anti-corrosion protection for the evaporator and gold fin technology, enhancing durability and resistance against moisture and corrosion.

    With 4D airflow technology, Aux air conditioners distribute air evenly in four directions, overcoming the limitations of traditional units that focus on localized cooling. Additionally, the UVC sterilization function and PM2.5 filtration system help remove bacteria, allergens, dust, and hair, ensuring clean and healthy indoor air.

    To maintain consistent noise levels even after transportation, including when carried by motorcycles, a common mode of delivery in Vietnam, the C-Series models incorporate multiple design innovations. The units underwent extensive testing to ensure stable performance under various challenging conditions.

    Aux has developed a new-generation low-noise air duct system and optimized control logic to reduce noise from compressors and fans. Additional features, such as double-layer soundproof materials and shock-absorbing foot pads, ensure a stable and quiet user experience.

    The C-Series models also incorporate a high-efficiency 8-level compressor, designed to maintain stable performance while minimizing noise levels. The installation process has been simplified with a removable bottom panel and easy-to-detach single-lock device, giving technicians more flexibility when connecting indoor units to wall-mounted pipes.

    To enhance customer confidence and support, Aux has introduced a 365-day “1-Exchange-1” policy. In 2025, customers purchasing eligible Aux air conditioners will be eligible for a free product replacement if the unit experiences quality issues related to manufacturer defects or technical problems.

    Aux Air Conditioning has established itself as a global leader in air conditioning innovation, securing over 12,000 patents as of December 2024 and earning recognition through international awards such as the iF Design Award and Red Dot Design Award.

    See more information here.

    With its expansion into Vietnam, Aux aims to combine advanced technology, energy efficiency, and customer-focused service to meet the evolving needs of Vietnamese households and businesses.

  • AirPods Pro 2 Hearing Aid feature finally arrives in the UK

    AirPods Pro 2 Hearing Aid feature finally arrives in the UK

    One of the highlights of the AirPods Pro 2 when they launched was the new Hearing Aid feature that allowed those with hearing difficulties to utilize them as, well, hearing aids. The feature was not immediately available though, arriving with a software update a few weeks after they were announced, on October 28.

    >But others have been waiting for even longer, like those living in the UK. Thankfully, confirmed by Apple in an official statement, AirPods Pro 2 owners in the United Kingdom can now also enjoy this feature via a free update. The Health app shows your hearing test results simply by giving you a number for each ear, a rating, and what to do next. | Image credit to Apple.

    Yes, it is a feature that transforms the new AirPods Pro into hearing aids, which provides clinical-grade hearing assistance comparable to your regular retail hearing aids.

    To use the feature, users first have to go through a five-minute Hearing Test that’s accessible through their iPhone. The test gives you an easy-to-understand summary of your hearing health, including a measure of hearing loss in each ear and an audiogram securely stored in the Health app.

  • South Korean firms plan to expand investment in Vietnam

    South Korean firms plan to expand investment in Vietnam

    South Korean conglomerates, including SK Group, Samsung, and LG, are expanding their investments in Vietnam, focusing on energy, high-tech manufacturing, and sustainable development.

    SK Group, the second-largest conglomerate in the country, has planned to invest in three LNG-fueled power projects in Vietnam, aiming to develop a new energy hub integrating artificial intelligence development, hydrogen, logistics, eco-friendly agriculture, and innovation in the Southeast Asian nation.

    In meetings with Party General Secretary To Lam and Prime Minister Pham Minh Chinh last week, SK Group Chairman Chey Tae Won said his firm is actively seeking opportunities to enhance support for and cooperation with Vietnam to promote long-term, sustainable economic growth.

    SK has already invested around $3.5 billion in Vietnam. However, most of the sum is indirect investment, involving equity purchases worth hundreds of millions to over a billion dollars in major companies such as Vingroup, Masan, Pharmacity, and Imexpharm.

    The Ecovance high-tech biodegradable materials plant in the northern port city of Hai Phong is the first direct investment project of SK in Vietnam. SK is investing in the project through a subsidiary at the DEEP C Industrial Park, with a total investment of $500 million. The project targets the rapidly growing global biodegradable materials market.

    Chey stated SK considers Vietnam a priority partner in its investment strategy in the coming time, adding the firm is eager to participate in Vietnam’s green transition, especially in energy and industry, thus contributing to the Southeast Asian nation’s goal of cutting emissions to net zero by 2050.

    Meanwhile, Samsung Display of South Korea has been approved to inject an additional $1.2 billion into its existing next-generation display manufacturing plant in the northern province of Bac Ninh. This investment aims to establish Vietnam as a key production hub for Samsung’s next-generation displays.

    In a recent meeting with Prime Minister Pham Minh Chinh, General Director of Samsung Vietnam Choi Joo Ho, and his successor, Na Ki Hong, stated that, in addition to its traditional investment areas, Samsung will expand its investments in Vietnam into new sectors.

    Samsung has invested over $23 billion in Vietnam, and continues to inject billions of dollars annually. With its new plans, more billion-dollar projects are likely to be added to Samsung’s investment portfolio in the Southeast Asian nation.

    Besides Samsung, LG has also been steadily increasing its investments in Vietnam. Last year, it poured billions of dollars into the LG Display project in Hai Phong. Looking ahead, LG plans to further expand its investments in the country.

    Other giants such as Hyosung, Amkor, and Hana Micron are also looking to expand their investment and business in Vietnam.

    After investing $520 million, Amkor decided to inject an additional $1.07 billion into its plant in Bac Ninh, 11 years ahead of its schedule. Recent reports indicate that Amkor’s plant is expected to triple its production capacity in the near future.

    South Korea’s registered investment in Vietnam hit $1.25 billion in January alone, much higher than the figure of $93.46 million recorded in January last year.

    South Korean investors have poured $92 billion into Vietnam, ranking first among countries and territories investing in the Southeast Asian nation, statistics showed as of January 2025.

  • Samsung Electronics’ Vietnam profits drop 11%

    Samsung Electronics’ Vietnam profits drop 11%

    Samsung Electronics’ profits in Vietnam declined by 11.4% last year to US$3.2 billion, its latest financial reports show.

    Its revenues remained almost unchanged at $56.7 billion.

    Globally, the South Korean giant saw profits surge 122% to $25.3 billion on 16% higher revenues of $220 billion.

    The four main facatories in Vietnam, Samsung Thai Nguyen, Samsung Electronics Vietnam Bac Ninh and Samsung Display Vietnam Bac Ninh in the north, and Samsung Electronics HCMC CE Complex, contributed 25% to total revenues.

    Smartphone manufacturer Samsung Thai Nguyen earned revenues of $22.9 billion, up 7.6% from 2023.

    It was the third biggest contributor to sales behind Samsung Electronics America and Samsung Semiconductor, also in the U.S.

    But its profits fell by 7.2% to $1.4 billion.

    Samsung Electronics Vietnam, another smartphone producer, posted a revenue increase of 5.7% to $14.8 billion.

    Its profit jumped 18.9% to $943 million.

    The display producer Samsung Display Vietnam saw both revenue and profit declining.

    Its revenue fell 15.7% to $14.2 billion while profit dropped by half to $583 million.

    The display unit, however, continued to invest substantially in Vietnam last year.

    In September it signed a memorandum with Bac Ninh Province for the development of a screen and electronic parts project worth $1.8 billion.

    Last month Bac Ninh authorities granted an investment certificate for the subsidiary to pump up its capital by 18% to $7.7 billion.

    For the HCMC unit, which makes TVs, profit dropped 5% to $365 million last year, while revenue rose 13.9% to $4.9 billion.

    Samsung is the biggest foreign investor in Vietnam with $23.2 billion in registered capital.

    Its executives earlier this month have affirmed its commitment to expand its investment in Vietnam, including in new sectors such as semiconductor and AI.

  • Samsung to invest in AI, semiconductors in Vietnam

    Samsung to invest in AI, semiconductors in Vietnam

    South Korean electronics giant Samsung is set to expand into new areas in Vietnam such as AI, semiconductors and digital transformation.

    CEO Choi Joo Ho told Prime Minister Pham Minh Chinh at a meeting in Hanoi on Wednesday that the largest foreign direct investor in Vietnam expects support from the government in making investments in these areas.

    Samsung has so far invested $23.2 billion in Vietnam and exported $54.4 billion worth of products last year.

    Chinh promised continued support for the company in investing in efficient and successful businesses in Vietnam.

    Samsung needs to continue to maintain its leading position by developing supporting industries, chips, semiconductors and promoting digital transformation in Vietnam, he added.

    The government targets 8% GDP growth this year and double-digit expansion in the coming years.

    To achieve the goals, it needs to improve the investment environment and foster strategic breakthroughs.

    Chinh urged Samsung to set up training centers at the National Innovation Center, increase its investment in Vietnam and support start-up and innovation activities.

    He also suggested that the company should have more Vietnamese executives and increase the number of local digital technology enterprises in its ecosystem.