Korean cosmetics shares rise as China reopens borders
Shares in South Korean cosmetics brands are gaining momentum after brokerage houses lifted their target prices on expectations that China’s bo...
Samsung Biologics receives Terra Carta Seal
Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it was awarded the Sustainable Markets Initiative’s Ter...
S.Korea resumes egg imports in 13 months due to soaring prices
As egg prices soared due to the spread of bird flu or avian influenza, the South Korean government resumed imports of eggs to ease price pressure.It...
Samsung’s 3 nm chip production yield rises sharply
Samsung Electronics Co. has sharply increased its production yield of the industry’s most advanced 3-nanometer chips for fabless clients, acco...
Samsung Engineering wins $1.3 bn order to build ethylene plant in Qatar
South Korea's Samsung Engineering Co. said on Jan. 9 it has signed a 1.6 trillion won ($1.3 billion) contract to build the world's largest ethylene ...
Broadcom to give Samsung warranties to avoid Korea penalties
US chipmaker Broadcom Inc. agreed to provide three-year warranties and technical support for components equipped in products such as smart devices o...
Samsung to launch its first robot to assist with elderly care
Samsung Electronics Co., the world's largest memory chip and smartphone maker, is set to launch its first robot later this year to care for the elde...
Samsung, Harman unveil in-vehicle driver alert system
When a driver feels drowsy and his eyelids start slipping, a red light flickers on his dashboard with a warning sound.That’s the key feature o...
Samsung’s Q4 profit tumbles; cuts 2023 chip profit forecast by half
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, posted its worst quarterly operating profit in eight years on F...
Diverging lithium, nickel prices unnerve Korean battery makers
The prices of lithium and nickel, key minerals for electric vehicle batteries, have been diverging since late last year, which is set to further wid...
With SmartThings Station, Samsung wants a more connected world
LAS VEGAS, NV – Imagine there’s a single easiest way to manage a myriad of devices simultaneously.Imagine all the people, connected live...
Samsung's OLED smartphone screen gets Ultra Dynamic Range mark
In an industry first, an organic light-emitting diode (OLED) smartphone screen made by Samsung Display has received global certification for its ult...
Golfzon to showcase portable golf simulator at CES 2023
Golfzon Co., a global indoor golf equipment maker, will participate in CES 2023 in Las Vegas to showcase its "Wave Play" product line, which targets...
EcoPro Group nearly doubles sales target to $7.8 billion this year
South Korea's EcoPro Group has set its sales target this year at 10 trillion won ($7.8 billion), nearly double that of last year, under a strategy t...
Samsung Heavy certified for CMSR power barge design
South Korea's main shipbuilder Samsung Heavy Industries said on Wednesday that it has completed the conceptual design for the compact molten salt re...
K-defense sector to reach annual export of $16 bn for two consecutive years
The South Korean defense market is forecast to sign export contracts worth more than 20 trillion won (15.7 billion) combined this year on the back o...
Samsung unveils AI-powered, better-connected TVs
Samsung Electronics Co. on Tuesday unveiled its 2023 lineup of smart TVs connected to several Internet of Things (IoT) devices, without using separa...
Hyundai, Kia aim to outpace industry growth in 2023
The Hyundai Motor Group is aiming to boost sales by 10% this year from 2022, above an estimated single-digit growth in the global automotive market....
Samsung Elec to invest $46 mn in S.Korean robot maker
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, is set to invest 59 billion won ($46.4 million) in South Korean...
Samsung to showcase foldable, slidable OLED display
Samsung Display Co. will unveil a new type of organic light-emitting diode (OLED) display panel that can be both folded and slid. At CES 2023 i...
No holds barred: State support for Samsung, SK Hynix, Hyundai Motor
It couldn’t come at a worse time.South Korea’s exports are set for a 4.5% decline in 2023. So believes the Yoon Suk-yeol government.The ...
Korean firms head to CES 2023 to showcase innovative technologies
LAS VEGAS, NV – A growing number of South Korea’s leading companies and startups are heading to CES 2023, the world’s largest tech...
S.Korea's top 2 LPG importers E1 and SK Gas cut supply price
South Korea's two major importers of liquefied petroleum gas (LPG), E1 Corp. and SK Gas Corp., have both cut their supply price of LPG in the first ...
Samsung Elec seen as 2023 top outperformer in Korea
Samsung Electronics Co. topped the list of stocks expected to outperform the South Korean stock market in 2023 on the prospect of a rebound in the m...
Is semiconductor chip rental doable?: Samsung says yes
Samsung Electronics Co., the world’s largest memory chipmaker, is looking to launch a high-end memory chip rental service as its new business ...
Solvay named preferred bidder to buy Solus Biotech
Belgian chemicals maker Solvay S.A. has been selected as the preferred bidder to acquire South Korean biomaterials maker Solus Biotech, according to...
Samsung to unveil C-Lab startups, projects at CES 2023
Samsung Electronics Co. will showcase four projects and eight startups developed through its venture program C-Lab at CES 2023, the world's largest ...
Korean biotechs target US labs to speed up regulatory approval for tests
South Korean molecular diagnostics companies are increasingly buying high-quality laboratories in the US that meet federal regulatory standards in a...
Samsung Elec to release new Galaxy Book2 Pro 360 laptop
South Korea's electronics giant Samsung Electronics Co. will release its latest premium laptop model, Galaxy Book2 Pro 360, on Jan. 16, the company ...
Hansol Chemical to enter bio industry with BiOCS acquisition
Hansol Chemical Co., a unit of South Korea’s paper-focused conglomerate Hansol Group, is expanding its business scope to biomaterials by acqui...
