Samsung affiliate labor unions tie up amid dim outlook

Samsung Group affiliates’ unionized workers on Monday launched a joint organization to improve their bargaining power in terms of wages and we...

Samsung, LG go head-to-head in washer-dryer combo market

Samsung Electronics Co. and LG Electronics Inc., South Korea’s tech giants, are in cut-throat competition to lead the all-in-one, single-drum,...

Samsung foldable panel gets US military certification

Samsung Display announced on Monday that its 7-inch foldable panel, used in the latest generation of foldable phones, completed the demanding MIL-ST...

LG Electronics puts focus on customers to drive growth

LG Electronics Inc., transitioning into a smart life solution platform company from a simple white goods manufacturer, will enhance its customer-cen...

Korea's job growth at 10-month high despite weak youth employment

South Korea’s job increases rose for a second straight month to a 10-month high in January thanks to higher employment of the older, although ...

Samsung wins first 2 nm AI chip order from Japan’s PFN; a snub to TSMC

Samsung Electronics Co., the world’s largest memory chipmaker, has won its first 2-nanometer node artificial intelligence chip production cont...

Samsung Engineering to be rebranded as Samsung E&A

Samsung Engineering Co. will change its name to Samsung E&A Co. upon approval at a shareholders' meeting on March 21.The letter E in the propose...

Activist funds to wage proxy battle with Samsung C&T

Five activist funds have joined hands to wage a proxy battle with Samsung C&T Corp., demanding additional share buybacks and dividend increases....

Samsung Electronics to hire big for AI R&D careers

Samsung Electronics Co. is ramping up its recruitment of experienced professionals across its Device eXperience (DX) and Device Solution (DS) divisi...

Samsung spurs XR device business as new cash cow

Samsung Electronics Co. is accelerating extended reality (XR) device development amid intensifying competition with tech behemoths such as Google LL...

Samsung C&T develops new cooling system for data centers

Samsung C&T Corp. announced on Wednesday that it collaborated with the domestic cooling system tech company DataBean to develop and commercializ...

Samsung, Princeton Univ. to team up for 6G R&D

Samsung Electronics Co. announced on Tuesday that its fore-front R&D center Samsung Research America (SRA) has joined Princeton University&rsquo...

Not a penny for Samsung Sec in failed HMM deal, and little sympathy

After the planned $5 billion sale of HMM Co., South Korea’s largest container shipper, to poultry processor Harim Co. fell through this week, ...

Samsung Asset to launch S.Korea's first obesity treatment ETF

Korea Exchange announced on Thursday that it will list Samsung Asset Management's "KODEX Global Obesity Treatment Top 2 Plus exchange-traded fund (E...

Samsung to release pianist Seong-Jin Cho’s 8K video

Samsung Electronics Co. announced on Thursday that it will release the worldwide famous pianist Seong-Jin Cho’s live performance video in 8K...

Samsung Biologics signs ADC CDO deal with LegoChem Bio

Samsung Biologics Co. has agreed with South Korean biotech company LegoChem Biosciences Inc. to provide contract development organization (CDO) serv...

Samsung Heavy wins $3.45 bn order for 15 LNG carriers

South Korea’s shipbuilder Samsung Heavy Industries Co. announced on Wednesday that it has won a $3.45 billion order for 15 units of liquefie...

Jay Y. Lee heads to Middle East, Malaysia for next Samsung takeoff

Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to the Middle East in his first overseas trip since a South Korean court...

GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs

General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...

Samsung’s Lee to spur M&As, new growth with ‘lost decade’ behind him

Cleared of wrongdoing charges that shackled his leadership for years, Samsung Group leader Jay Y. Lee now will actively seek mergers and acquisition...

Samsung’s Lee cleared of charges over Samsung C&T merger

The Seoul Central District Court on Monday acquitted Samsung Electronics Co. Chairman Jay Y. Lee of charges of being involved in illegal activities ...

Samsung gets global carbon reduction certification for TV

Samsung Electronics Co. announced on Monday that its eight product series in 2024 Neo QLED 4K and 8K, OLED, and The Frame lineups have received th...

Samsung C&T, Hyundai E&C see higher profits in 2023 on overseas projects

Samsung C&T Corp.'s construction unit and Hyundai Engineering & Construction Co. stood out with increased profits last year on overseas proj...

Samsung’s fashion unit logs record profit again in 2023

Samsung Group’s fashion unit posted record profit and revenue for the second straight year in 2023. The fashion division, which logged deficit...

Samsung offers upbeat 2024 outlook on chip recovery

Samsung Electronics Co., the world’s top memory chipmaker, on Wednesday offered an upbeat outlook for the semiconductor industry on recovering...

Rebellions raises $124 mn to co-develop AI chip with Samsung

South Korean fabless artificial intelligence chip startup Rebellions Inc.’s plan to co-develop the next-generation AI chip with the world&rsqu...

No annual bonuses for Samsung chip unit due to loss

Samsung Electronics Co., the world’s top memory chipmaker, decided not to pay annual bonuses to staff of its semiconductor business due to the...

Baidu’s AI Ernie to power Samsung Galaxy S24 in China

Samsung Electronics Co.'s latest smartphone series Galaxy S24 to be released in China will feature Baidu Inc.’s Ernie Bot artificial intellige...

LG Elec unveils OLED TV featuring world-renowned AI artist in US

LG Electronics Inc. collaborated with world-renowned artificial intelligence (AI) artist Stephanie Dinkins to showcase art pieces that explore commu...

Samsung Galaxy S24: A success story even before hitting the shelves

Samsung Electronics Co.'s latest flagship smartphone series, the Galaxy S24, is enjoying strong demand even before hitting the shelves of the compan...