S.Korea to build solar power plants in Chile for $130 mn
South Korea is planning to build solar photovoltaic power plants in Chile, investing $130 million, in a move to help local companies expand their re...
Samsung to adopt flatter hierarchy to lure young talent
Samsung Electronics Co. on Monday announced a set of drastic steps to reduce bureaucracy and hierarchical management at the world's top memory chip ...
LG Electronics names strategy chief as new CEO
South Korea's LG Electronics Inc. on Thursday appointed its strategy chief Cho Joo-wan as the company's new chief executive officer, in a major resh...
Samsung orders US chips, with a side of geopolitics
Every country wants a cutting-edge semiconductor plant. Samsung Electronics’ plan to build one in the U.S. is taking advantage of th...
Samsung’s $17 billion new chip plant in Taylor aims to rein in TSMC
Samsung Electronics Co. has officially announced its plan to build a $17 billion chipmaking plant in Taylor, Texas, as the tech giant aims to overta...
Samsung, Hynix notch best day this year; metaverse to drive chip demand
Shares of South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., have staged a strong rebound on an industry prospec...
Samsung, Korea Post create $336 mn overseas alternative investment fund
South Korea's largest insurance company Samsung Life Insurance Co. and state-run postal savings and insurance agency Korea Post’s insurance ...
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...
Korea stocks see $2 bn inflow, stoking hopes for a foreigner comeback
Foreign investors have absorbed $2 billion in South Korean stock markets so far in November, spurring hopes of a foreign comeback, although doubts r...
Samsung Biologics wins another Eli Lilly COVID treatment order
Samsung Biologics Co., a global contract development and manufacturing organization (CDMO), has stepped up its partnerships with global big pharmas ...
Legendary chip architect Jim Keller may team up with Samsung Electronics
Samsung Electronics Co. on Thursday hosted its third annual foundry forum, a gathering of its partners around the world, where legendary chip archit...
Amazon poised for Fire tablet launch in Korea next year
Amazon, the world’s largest online shopping mall, is set to release its own Fire tablets in South Korea from as early as next year, penetratin...
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...
Samsung unveils 2.5D chip packaging tech for high-end products
South Korea’s Samsung Electronics Co. has unveiled a new chip packaging technology, called H-Cube, which stacks high-performance chips in mu...
Daewoo Shipbuilding, Samsung Heavy win LNG carriers order from Qatar
South Korea’s major shipbuilders Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. won orders for six liquefie...
Wooyoungmi emerges as 'new luxury' menswear brand
When South Korean menswear brand Wooyoungmi had the highest sales in the men’s fashion hall of Paris-based luxury department store Le Bon Marc...
Samsung Heavy raises $1.1 bn in rights issue as planned
South Korea's Samsung Heavy Industries Co. last week raised 1.3 trillion won ($1.1 billion) in a rights issue to existing shareholders as planned, a...
SeAH set for record earnings on steel supercycle, offshore wind projects
SeAH Group, a South Korean mid-size special steel conglomerate, is set to post record earnings this year on the back of the global steel supercycle ...
SK Hynix in $492 million Key Foundry deal, doubles foundry capacity
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Friday it is acquiring a 100% stake in South Korea-based Key Foundry for 5...
Uncertainty clouds Samsung as paradigm shifts toward profitability
Samsung Electronics Co.’s third-quarter earnings report on Thursday was almost perfect but for one thing. The world’s top memory maker s...
KIC to raise alternative investments to 25% by 2027
Korea Investment Corp. (KIC) plans to increase alternative investments to a quarter of its portfolio by 2027 from the current 16%, its CEO Jin Seoun...
Samsung Biologics-made Moderna vaccine available to Koreans this week
Moderna Inc.’s COVID-19 vaccine first produced by Samsung Biologics Co. under a contract manufacturing organization (CMO) service will be avai...
Samsung SDI, Stellantis to build billion-dollar battery JV in US
Samsung SDI Co. has partnered with Dutch-domiciled multinational automaker Stellantis N.V. to build a multi-billion-dollar battery facility in the U...
Samsung aims to unveil autonomous ships in 2022
Samsung Heavy Industries Co. last month successfully completed a sea trial of its self-operating vessel technology, which enables two autonomous shi...
Enchem: A Samsung hive-off that turns into an electrolyte giant
When Cheil Industries, a former chemical unit of South Korea’s largest conglomerate Samsung Group, decided to hive off a business unit that ma...
Samsung shares' underperformance deepens on growth concerns, won
Shares of Samsung Electronics Co., South Korea’s largest stock on the main bourse, are significantly underperforming as analysts slash price t...
Huawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?
Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...
Samsung makes industry’s smallest 14 nm DDR5 chip with EUV technology
Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it has begun mass production of the industry’s smallest 1...
Tax burden pushes Samsung heirs to sell $1.8 bn worth of shares by April 2022
The heavy inheritance tax burden in South Korea is pushing the heirs of the late Samsung Group Chairman Lee Kun-hee to sell about 2.2 trillion won (...
Samsung, SK Hynix to pay corporate taxes to foreign countries
South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...
