Jiyoung Sohn

SEOUL—For a major maker of semiconductors such as Samsung Electronics, the artificial-intelligence boom should be a time of great promise. Its business of manufacturing custom chips for outside customers is losing ground to TSMC’s. And its consumer-electronics business, known to people worldwide for its Galaxy smartphones and appliances, is laying off some workers. Samsung’s vice chairman and head of its semiconductor business, Jun Young-hyun, apologized in a public letter Tuesday, saying the company was failing to meet expectations.

The South Korean tech giant's rivals seize ground in memory and contract manufacturing

SEOUL—For a major maker of semiconductors such as Samsung Electronics, the artificial-intelligence boom should be a time of great promise. Its business of manufacturing custom chips for outside customers is losing ground to TSMC’s. And its consumer-electronics business, known to people worldwide for its Galaxy smartphones and appliances, is laying off some workers. Samsung’s vice chairman and head of its semiconductor business, Jun Young-hyun, apologized in a public letter Tuesday, saying the company was failing to meet expectations.

The South Korean technology giant reported better-than-expected net profit for the third quarter, but its core semiconductor business earnings shrank sharply from the previous quarter.

Opposition parties are fewer than 10 votes short of the two-thirds majority required to remove Yoon Suk Yeol from office.

Following the short-lived attempt by President Yoon Suk Yeol to impose martial law, opposition leader Lee Jae-myung is now within striking distance of his nation’s top job.

Following the short-lived attempt by President Yoon Suk Yeol to impose martial law, opposition leader Lee Jae-myung is now within striking distance of his nation's top job.

North Korea, in first public response to last week's events, lambasted its southern neighbor as a ‘fascist dictatorship'

The prime minister is set to assume presidential powers on an interim basis. The constitutional court will now review the vote, which could take months.

Decades of ruthless politics fueled by pre-democracy divisions help to explain Yoon Suk Yeol’s disastrous decision to enact military control.