LG unveils AI ethics principles focusing on respect to humans

LG Group announced on Wednesday artificial intelligence ethics principles focusing on respect for humans that employees in the sector must follow as...

Samsung C&T to build solar power plants worth $595 mn in Qatar

South Korea’s Samsung C&T Corp. is set to build solar power plants worth 800 billion won ($595.2 million) in Qatar, helping the Middle Eas...

Samsung to spend $74 bn on chip production lines in Korea

Samsung Electronics Co., the world’s top memory chipmaker, is expected to invest some $74 billion to expand semiconductor production capacity ...

Samsung Electronics retains top TV vendor status in shrinking market

South Korea’s two home appliances giants – Samsung Electronics Co. and LG Electronics Inc. – dominated the global TV market in the...

Samsung to invest $15 bn in semiconductor R&D complex

Samsung Electronics Co., the world’s top memory chipmaker, plans to spend 20 trillion won ($15.1 billion) by 2028 on an advanced semiconductor...

Hyundai Motor to redirect its TaaS, AI functions to self-driving arm 42dot 

Hyundai Motor Group will redirect the core functions of its Transportation-as-a-Service (TaaS) division and AIRS Company to its recently acquired se...

Drones, AI, big data power Korean fisheries’ earnings

The Jubilee, a 2,200-ton tuna fishing vessel operated by South Korea’s leading fishing company Dongwon Industries Co., has been using drones t...

Samsung Group CEOs drum up support for Busan Expo 2030

Samsung Group affiliates’ CEOs are working to bring the World Expo 2030 to Busan in South Korea using their overseas networks. Samsung Electro...

Samsung Biologics, Samsung C&T extends investment in US biotech firms

The Life Science Fund, jointly launched by Samsung Biologics and Samsung C&T Corp., announced Wednesday it invested $15 million in US biotech fi...

Silicon Valley-based AI startup Allganize revs up to go public in Japan 

Allganize Inc., a Silicon Valley-based artificial intelligence (AI) startup, recently announced the company will relocate some of its headquarters f...

Boston emerges as Korean firms’ R&D hub for AI, batteries

Top South Korean conglomerates Samsung and Hyundai have selected Boston as the home of their first overseas research centers for batteries and artif...

Samsung Elec. unveils Odyssey Ark, 55-inch curved gaming screen

Samsung Electronics Co. on Monday announced the global launch of Odyssey Ark, the world’s first 55-inch 1000R curved gaming screen. 100...

Samsung Group to speed up corporate governance reform

Samsung Group, South Korea’s largest conglomerate, is expected to accelerate the restructuring of its corporate governance to help Vice Chairm...

Samsung Electronics to announce plans to join RE100 Initiative

Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, will soon join The Climate Group’s RE100 Initiative as the...

Hyundai to set up AI robotics R&D center near Boston

South Korea’s Hyundai Motor Group will set up an artificial intelligence research center in the Boston area to develop AI-driven robotics tech...

Samsung’s Lee reinstated; big moves in store for top conglomerate

Lee Jae-yong, Samsung Group’s de facto leader, on Friday had his right to work restored, paving the way for big moves for South Korea’s ...

Exhibition: Samsung heir’s donation of Lee Jung-seob works

The late Samsung Group chairman Lee Kun-hee was an avid arts collector.Though the business magnate did not mention names, it was easy to guess who h...

Foldable smartphones will go mainstream at Samsung: Mobile chief

NEW YORK – Samsung Electronics Co. has vowed to make foldable smartphones its mainstream products in the high-end segment, setting its sales t...

Samsung’s new foldables: High-stakes game changers in smartphones

Samsung Electronics Co. on Wednesday unveiled its fourth-generation foldable phones – new additions to its high-end line of Galaxy Z Fold and ...

Samsung Medical Center jobs global top 10 in robot-assisted surgeries

Samsung Medical Center announced Tuesday that it performed more than 15,000 robot-assisted operations in the first of this year.  Last yea...

LG Group to launch AI education programs for teenagers

South Korea’s LG Group will include teenagers in its mid- to long-term project to nurture artificial intelligence talent, as AI technology is ...

K-bio firms embrace gene therapy CDMO as Samsung looks the other way

South Korea’s major biopharmaceutical companies are rapidly embracing the cell and gene therapy business under a contract drug-making mechanis...

Broadcom applies for consent order on unfair deals with Samsung

US chipmaker Broadcom Inc. applied for a consent order to the Korea Fair Trade Commission (KFT) in July against allegations that it forced Samsung E...

SK Hynix unveils world's first 238-layer NAND; Samsung SSD 20 times faster

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are set to overtake their rivals in the industry’s...

S.Korea edges closer to joining US-led chip alliance

August could mark a turning point for South Korea’s semiconductor industry.The country has been keeping tight-lipped on whether or not to join...

Samsung Elec. plans unmanned factories on manpower shortage

Samsung Electronics Co., the world’s top memory chipmaker, is seeking unmanned factories in a move that other major South Korean manufacturers...

Voyager X plans to beat conglomerates by executing weird, unique ideas

Voyager X is a relatively new artificial intelligence (AI) startup in South Korea. Its founder Nam Se-dong, however, has been a well-known figu...

Samsung SDI in talks with multiple carmakers for 4680 type battery supply

Samsung SDI Co., a major South Korean battery maker, said on Friday that it is in talks with multiple automakers around the world to supply a next-g...

Zigbang completes Samsung SDS home IoT takeover

Zigbang, a South Korean proptech startup that provides real estate search and transaction services, has completed the acquisition of Samsung SDS Co....

Chips, forex gains shore up Samsung's Q2 earnings

Samsung Electronics Co.’s second-quarter earnings remained steady compared to three months before, with robust memory chip sales for data cent...