Samsung’s Harman ups ante in home audio market with Roon

Harman International has taken over Roon Labs, the multi-device and multi-room audio technology company popular among audiophiles for its streaming ...

Sodium-ion batteries emerge as alternative to lithium, LFP batteries

Sodium-ion batteries (SIBs) are emerging as an alternative to lithium-ion batteries, currently dominating the rechargeable battery market for electr...

Car sales may sputter in 2024 amid EV policy risk: Research

The global automobile market is on track to recover to pre-pandemic levels this year and is expected to grow at a moderate pace amid a prolonged eco...

Samsung sets up future business planning unit, keeps co-CEO system

Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, is creating a new division tasked with working out future ...

Korean shipbuilders seek overseas yards for surging orders

South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to meet soaring demand across the world as they hav...

Samsung Engineering designs Sarawak green hydrogen project in Malaysia

Samsung Engineering Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Friday it has begun th...

Hyundai to build EV battery pack plant in India by 2025

South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...

S.Korea-UK upgrade bilateral ties, sign deals on nuclear plants, chips

LONDON – South Korea and the UK have agreed to upgrade their bilateral relationship and closely cooperate in the defense, security and busines...

Samsung to launch low-power, high-speed AI chips in 2024

Samsung Electronics Co. will launch low latency wide (LLW) DRAMs next year, designed to improve the power efficiency of artificial intelligence appl...

Samsung closer to fully connected smart home vision

Samsung Electronics Co. is pushing forward with its goal of offering connected and customized services for 1.4 billion smartphones, TVs and home app...

South Korea’s Hankook Tire looks to direct tire sales in Taiwan

Hankook Tire & Technology Co., South Korea’s top tire manufacturer, is launching a local corporation in Taiwan to directly sell tires in t...

Samsung, LG lead global TV market in Q3 2023

Samsung Electronics Co. has retained the number one position in global TV market share, hitting a 30% mark in this year's third quarter, marking a p...

Semiconductors likely to lead Korea’s export growth for 2nd month

South Korea’s semiconductor exports accelerated their recovery in the first 20 days of November, data showed on Tuesday, adding to hopes that ...

LG Energy may produce mid-nickel EV batteries from 2024

South Korea’s LG Energy Solution Ltd. plans to mass-produce mid-nickel, high-voltage lithium batteries as early as next year, one year ahead o...

Samsung Electronics to up AI chip foundry sales to 50% by 2028

Samsung Electronics Co. plans to up artificial intelligence chip foundry sales to about 50% of its total foundry sales in five years with its advanc...

Hyundai Transys supplies transmissions to Volkswagen

Hyundai Transys Inc., an auto parts affiliate of Hyundai Motor Group, has started providing transmissions to Volkswagen AG, industry sources said on...

Korean PE VIG Partners soaks up shampoo brand Kundal’s growth

South Korean private equity firm VIG Partners is enjoying rapid growth of The Skinfactory Co., the maker of local shampoo and body wash brand Kundal...

Samsung’s Jay Y. Lee heads to Europe for partner meetup, Busan Expo

Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to Europe as he seeks to tighten cooperation with Samsung’s key bu...

Trafigura to invest in S.Korea’s EV cell materials maker

Trafigura, a major global commodity trader, is set to invest in a South Korean electric vehicle battery raw materials manufacturer to take advantage...

Samsung Med. Center achieves Korea's first uterine transplantation

The first successful case of uterine transplantation surgery in Korea has been reported, with the patient currently preparing for pregnancy. Samsung...

Samsung Asset launches 1st Korea-listed ETF in US

Samsung Asset Management Co., South Korea’s largest exchange-traded fund (ETF) manager, has launched an ETF in the US, the first of its kind t...

Hyundai Motor Group to replace heads of auto parts, steel units

Hyundai Motor Group, the world’s third-largest automaker, is set to replace the heads of its auto parts and steel-making affiliates in an earl...

Hanwha’s REC Silicon plant restarts as US-China tension eases

REC Silicon ASA, a US-based polysilicon maker, in which Hanwha Solutions Corp. and its affiliate have a 33% stake, has restarted operations after a ...

LG Elec to venture into US EV charger market in 2024

South Korea’s LG Electronics Inc. is readying to enter the US electric vehicle charger market with the launch of EV chargers in the first half...

SK On, BASF tie up for EV battery materials business

SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, joined forces for th...

Samsung hires Waymo’s autonomous driving design head

YoonJung Ahn, a design head at Waymo, Alphabet’s autonomous driving technology unit, is joining Samsung Electronics Co. as executive vice pres...

Samsung launches 8TB portable SSD T5 EVO

Samsung Electronics Co. on Wednesday unveiled the T5 EVO portable SSD, a lightweight portable Solid-State Drive (SSD) that provides up to 8 terabyte...

Samsung bags $1 bn via ASML share sale for chip production

Samsung Electronics Co., the world’s largest memory chipmaker, has divested a 0.3% stake in Dutch chip equipment manufacturer ASML Holdings N....

Samsung, SK pin hopes on HBM sales with Nvidia's new AI chip

South Korean memory chipmakers like Samsung Electronics Co. and SK Hynix Inc. have high hopes for fast growth in their high-bandwidth memory (HBM) s...

Korean battery makers’ broad restructuring hits US

SK On Co., South Korea’s No. 3 battery maker, has decided to furlough employees at one of its US battery factories in the state of Georgia to ...