Beauty chain CJ Olive Young to embark on 2022 IPO process

Beauty chain CJ Olive Young to embark on 2022 IPO process

CJ Olive Young, South Korea's largest beauty store chain, is moving ahead with its plan to go public next year, which will likely raise new capital ...

Samsung to install 51,000 air purifiers to help Australians return to school

Samsung to install 51,000 air purifiers to help Australians return to school

Samsung Electronics Co. will help the students in the Australian state of Victoria in making safe returns to the classroom in a post-COVID environme...

Hyundai Steel, Samsung develop tech to recycle chip waste for steelmaking

Hyundai Steel, Samsung develop tech to recycle chip waste for steelmaking

Hyundai Steel Co. and Samsung Electronics Co. said on Monday they have developed technology that can recycle the chipmaker’s wastewater sludge...

Recycled plastic in growing demand as Korean firms pursue ESG business

Recycled plastic in growing demand as Korean firms pursue ESG business

Plastic recyclers have known for years that there is money to be made in plastic waste. And the stakes are high these days as the prices of recycled...

US pressures Samsung, chipmakers to disclose key internal data

US pressures Samsung, chipmakers to disclose key internal data

The American government is forcing global semiconductor manufacturers to submit internal information on their chip inventory as well as the number o...

Samsung to make Tesla’s HW 4.0 self-driving auto chip

Samsung to make Tesla’s HW 4.0 self-driving auto chip

SILICON VALLEY – Samsung Electronics Co., the world’s leading chipmaker, will manufacture Tesla Inc.’s next-generation hardware 4 ...

Taylor city in Texas likely to host Samsung’s new US chip plant

Taylor city in Texas likely to host Samsung’s new US chip plant

The global semiconductor industry is keeping a close eye on whether Taylor, a city located in Williamson County of Texas and the most probable site ...

Samsung Bioepis gets FDA approval for Lucentis biosimilar Byooviz

Samsung Bioepis gets FDA approval for Lucentis biosimilar Byooviz

Samsung Bioepis Co., a leading South Korean biopharmaceutical company, has received approval from the US Food and Drug Administration for its Byoovi...

SK Innovation to supply batteries to Hyundai IONIQ 7

SK Innovation to supply batteries to Hyundai IONIQ 7

SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...

Samsung C&T, S-Oil in hydrogen transport partnership

Samsung C&T, S-Oil in hydrogen transport partnership

Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...

KT, Samsung Medical Center extend ties in building robot-driven hospitals

KT, Samsung Medical Center extend ties in building robot-driven hospitals

KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...

Processed rice goods emerge as dark horse in agri-food exports

Processed rice goods emerge as dark horse in agri-food exports

Despite the global pandemic, exports of processed rice goods hit an all-time high at $137.6 million in 2020, up by 26.9% compared to the previous ...

Samsung unveils new microSD cards for advanced storage demand

Samsung unveils new microSD cards for advanced storage demand

Samsung Electronics Co., the world’s top memory chip maker, introduced new microSD cards with enhanced performance and stability on Sept. 8 to...

S.Korea kicks off AI strategy talks with Naver, Kakao, Samsung, telcos

S.Korea kicks off AI strategy talks with Naver, Kakao, Samsung, telcos

South Korean government has hosted the first top-level artificial intelligence (AI) roundtable meeting with representatives from the country’s...

LG Innotek, Samsung Electro-Mechanics benefit from wafer shortage

LG Innotek, Samsung Electro-Mechanics benefit from wafer shortage

South Korea’s semiconductor substrate producers including LG Innotek and Samsung Electro-Mechanics are benefiting as a global wafer shortage...

Samsung sells $1.3 bn stake in China’s BYD, keeps watchers puzzled

Samsung sells $1.3 bn stake in China’s BYD, keeps watchers puzzled

Samsung Electronics Co. has sold a 1.6% stake worth 1.5 trillion won ($1.3 billion) in Chinese electric vehicle and rechargeable battery maker BYD C...

Samsung, LG see largest surge in TV prices in decade

Samsung, LG see largest surge in TV prices in decade

Lee Ji-eun, a 30-year-old bride-to-be, was surprised at the prices of liquid-crystal display (LCD) TVs when she visited a home appliance store in ...

Samsung Elec unveils world’s 1st 200-megapixel mobile image sensor

Samsung Elec unveils world’s 1st 200-megapixel mobile image sensor

Samsung Electronics Co. has become the first company to launch a 200-megapixel mobile image sensor, giving the world’s No. 2 image sensor make...

US, Korea approve nuclear fuel recycle technology

US, Korea approve nuclear fuel recycle technology

Authoritie of the United States and South Korea officially endorsed the results of a joint research on Pyro-SFR, a cutting-edge technology that re...

Samsung Biologics gears up to produce mRNA drug substance

Samsung Biologics gears up to produce mRNA drug substance

South Korea’s Samsung Biologics Co. is gearing up for the drug substance (DS) sector of the messenger ribonucleic acid (mRNA)-based COVID-19 v...

Samsung SDI tops LG Chem in market cap amid GM recall crisis

Samsung SDI tops LG Chem in market cap amid GM recall crisis

Samsung SDI Co. has become South Korea’s top battery maker in terms of market capitalization. The company is now ranked as the sixth-largest f...

Samsung to ramp up production capacity of foldable devices by 50%

Samsung to ramp up production capacity of foldable devices by 50%

Samsung Electronics Co. will expand the production capacity of foldable devices amid an unexpected global craze over its Galaxy Z Fold 3 and Z Flip ...

Samsung Electro-Mechanics to benefit as COVID-19 slams competitors

Samsung Electro-Mechanics to benefit as COVID-19 slams competitors

Samsung Electro-Mechanics is expected to benefit as the COVID-19 has hit its competitors in the global multi-layer ceramic capacitor (MLCC) market.T...

Samsung launches new 5G foldable phones in 40 countries

Samsung launches new 5G foldable phones in 40 countries

Samsung Electronics Co. on Friday officially launched the new models of its high-end smartphones Galaxy Z Fold3 and Galaxy Z Flip3 in 40 countries, ...

S.Korean millennials rush on Nasdaq and NYSE amid sluggish Kospi

S.Korean millennials rush on Nasdaq and NYSE amid sluggish Kospi

South Korean millennials in their 20s and 30s are rushing to Nasdaq and the New York Stock Exchange (NYSE) amid skyrocketing real estate prices in t...

Will Samsung follow TSMC's price hikes?

Will Samsung follow TSMC's price hikes?

Samsung Electronics Co., the world’s largest memory chip maker, is expected to raise foundry prices in the near term as surging demand is outp...

Social casino game maker DoubleDown Interactive resumes US IPO process

Social casino game maker DoubleDown Interactive resumes US IPO process

DoubleDown Interactive LLC, a subsidiary of DoubleUGames Co., has resumed the process to go public on Nasdaq after more than a year has passed from ...

S.Korea fines Facebook, Netflix over privacy infringement

S.Korea fines Facebook, Netflix over privacy infringement

South Korea’s privacy regulator Personal Information Protection Commission (PIPC) has fined major global platform companies for their infringe...

Hanwha seeks to buy Samsung Electro-Mechanics’ Wi-Fi module unit

Hanwha seeks to buy Samsung Electro-Mechanics’ Wi-Fi module unit

Hanwha Solutions are seeking to buy Samsung Electro-Mechanics’ Wi-Fi module unit in a move to enhance its wireless communication division, a k...

Samsung Elec, SK Hynix shares jump alongside US peers

Samsung Elec, SK Hynix shares jump alongside US peers

Samsung Electronics Co. and SK Hynix sharply rose on Aug. 24 after suffering a continuous sell-off. The Philadelphia Semiconductor Index gained for ...

POSCO sets sights on lithium production in US Goldman Sachs acquires Mercure Ambassador: 1st stint with Korean hotel sector S.Korea’s pension fund NPS posts much weaker returns amid US tariff concerns S.Korea names budget veteran as finance minister to prop up economy KKR in control feud over Korea’s top solar power plant