Samsung likely to announce US foundry investment plan this week

Samsung Electronics Co. is expected to announce an investment plan for its second US-based semiconductor foundry plant this week. As the South Kor...

Jay Y. Lee meets Verizon CEO and Moderna co-founder

Samsung Electronics Co. Vice Chairman Jay Y. Lee has met with biopharmaceutical conglomerate Moderna’s co-founder and telecommunications g...

Samsung heir Lee on US trip for foundry investment, COVID vaccines

Jay Y. Lee, vice chairman and de facto leader of South Korea’s top conglomerate Samsung, has embarked on a business trip to North America to f...

MBK's Lee listed among Forbes' power Asia businesswomen

MBK Partners' first female partner Lee In-kyung has made it to the list of Forbes Asia's 20 power businesswomen published in its November issue. For...

Goldman promotes TMT banker to MD in Seoul

Goldman Sachs Group Inc. on Nov. 2 announced the promotions of two Korean executive directors in its Seoul office to managing directors (MDs), the b...

SM Line joins growing list of S.Korean IPO dropouts

SM Line Corp. on Wednesday became the latest South Korean company to drop its initial public offering plan on disappointing institutional interest.T...

SM Entertainment founder’s final audition: New owner

“It was not like an M&A negotiation but rather an audition by Lee Soo-man,” said a source at a company that is looking to buy a stak...

SM Line sees light at the end of the tunnel: SM Group’s Woo

When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...

CJ ENM in exclusive talks to acquire SM Entertainment

South Korea's entertainment powerhouse CJ ENM Co. is in exclusive talks to acquire a 19.37% stake in SM Entertainment Co., the country's first-gener...

Merchant liner SM Line to list on Kosdaq in November

South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...

Teachers' Pension CIO to enter 1-yr extended term

The Teachers' Pension in South Korea has extended the term of its Chief Investment Officer Lee Kyu-hong by one year until the end of September 2022,...

Behind the scenes of GS-led group's $1.5 bn Hugel purchase

South Korea's energy-to-construction conglomerate GS Group was not considered a serious bidder when it entered the race for a 46.9% stake in the cou...

SM to absorb music production unit before founder's stake sale

SM Entertainment Co., a South Korean music powerhouse, will absorb a music production company wholly owned by its founder and chief producer Lee Soo...

SM Lab develops cathode with 98% nickel, industry’s highest density

SM Lab, a South Korean battery material startup, has developed a cathode with 98% nickel content, the highest density ever for rechargeable batterie...

Samsung shares struggle as big strategic decisions still await Lee

Shares of Samsung Electronics Co. have been trapped in a boxed range since the start of the year, dashing retail investors’ hope that the tech...

Samsung's Lee to be released on parole on Aug. 13

Samsung Group leader Jay Y. Lee will be released on parole on Friday after having been imprisoned since January of this year on charges of bribery a...

Samsung Electronics’ stock stages a rebound as outlook concerns ease

Shares of Samsung Electronics Co. have risen above the psychologically important level as foreign and institutional investors returned amid easing c...

CJ joins race for over $200 mn stake in SM Entertainment

South Korea's entertainment- and food-focused CJ Group has emerged as a darkhorse to buy a controlling stake worth about 300 billion won ($260 milli...

Lee Kun-hee’s art collection exhibited from this month in Seoul

The lavish art collection donated by the Samsung Group following the death of group chairman Lee Kun-hee will be shown to the public from July 21. The...

Bank of Korea sets stage for tightening after holding rates

South Korea’s central bank chief sent a strong indication of tightening later this year after the Bank of Korea (BOK) left its monetary policy...

SM Line files for IPO review, aims for Kosdaq listing in second-half

South Korean merchant liner SM Line Corp. has filed for a preliminary review by the Korea Exchange of its plan to go public on the junior Kosdaq mar...

No.1 K-pop goods maker Copan Global eyes digital expansion

The world of K-pop is globally known for offering a truly wide selection of merchandise items for fans. While balloons were the only goods used by t...

SM Entertainment emerges as next flashpoint for Kakao, Naver rivalry

As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...

Go grandmaster Lee Se-dol's win over AlphaGo released as NFT

South Korea’s Go grandmaster Lee Se-dol has released a non-fungible token (NFT) based on his legendary winning match against AlphaGo, an artif...

Jay Y. Lee tightens grip on Samsung with increased stake in key affiliate

Jay Y. Lee, the heir of Samsung Group, has bolstered his grip on South Korea’s largest conglomerate by inheriting half his late father’s...

Donations from Lee Kun-hee's collection: From national treasures to Western masterpieces

The Samsung Group heirs' announcement that they will donate some 23,000 pieces of art and cultural artifacts collected by the late Chairman Lee Kun-...

Samsung heirs likely to donate over half of Lee's art collection

Samsung Group heirs, including Samsung Electronics Co. Vice Chairman Jay Y. Lee, have tentatively agreed to donate more than half of the late Lee Ku...

Lee Kun-hee’s lavish art collection fuels debate on tax payment scheme

The late Samsung Chairman Lee Kun-hee’s lavish art collection is driving South Korea’s art circle to pressure lawmakers to amend the cou...

SM Line eyes H2 IPO on Korean bourse, aims to expand US trade

South Korea’s SM Group, formerly known as Samla Midas Group, is pushing for an initial public offering of its merchant liner, SM Line Corp., o...

HMM, SM Line to deploy container ships to support Korean exporters

South Korea’s leading shipping companies have decided to deploy at least five container carriers on major sea routes to provide support for lo...