Samsung to pay record dividends, more through 2023; Q4 profit jumps
Samsung Electronics Co. has announced that it will pay record-high dividends to its shareholders this year and raise dividends further in coming yea...
Samsung Biologics’ focused approach pays off in 2020
Samsung Biologics Co. delivered forecast-beating earnings this week, with its sales topping 1 trillion won ($905 million) for the first time in its ...
Samsung remains tight-lipped on new US chip plant reports
Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...
Samsung wins Intel foundry order; TSMC takes GPU deal
Samsung Electronics Co. has clinched its first order from Intel Corp. to manufacture Intel-designed chips, as the world’s top memory chipmaker...
LG Electronics to consider selling smartphone business
South Korea-based LG Electronics Inc. looks to be considering selling off its struggling smartphone division, which has been in the red for 23 con...
Samsung, Hynix in intensifying competition for solid-state drives
Samsung Electronics Co. and SK Hynix Inc. are unveiling a series of new solid-state drives (SSDs) to grab a greater share of the intensifying global...
Samsung heir sentenced to 2.5 years in jail for bribery
Samsung Electronics Co. Vice Chairman and de-facto leader Jay Y. Lee was on Jan. 18 sentenced to two and a half years in prison on bribery and embez...
LG Electronics, Luxoft to launch car infotainment JV in January
LG Electronics Inc. will launch a car infotainment system joint venture with Luxoft, a DXC Technology company headquartered in Switzerland, later th...
Samsung, LG vie for top spot as premium TV players at CES 2021
Samsung Electronics Co. and LG Electronics Inc., the world’s two largest TV makers, are showcasing a series of new models at the world’s...
Samsung flags decent Q4 earnings growth, misses estimates on KRW, Apple
South Korea’s tech giant Samsung Electronics Co. has flagged that its fourth-quarter operating profit likely rose by nearly a third from a yea...
Samsung, other foundry players at full capacity as chip orders surge
Samsung Electronics Co. and other global foundry players are running their plants at full capacity as makers of cars and electronic devices compete ...
Samsung Elec steps up efforts for river management
Semiconductor manufacturing plants use an enormous amount of water, earning the semiconductor industry the nickname of "a thirsty business." Samsung...
Samsung Elec draws attention with $92 bn in idle cash
Samsung Electronics Co., sitting on a cash pile of 100 trillion won ($92 billion), has been absent in global M&A markets over the past few years...
Samsung overtakes TSMC as top chipmaker by market cap
Samsung Electronics Co. has reclaimed its throne as the world's largest semiconductor company, overtaking global foundry giant Taiwan Semiconductor ...
LG Electronics, Magna to launch $1 bn EV gear JV
LG Electronics Inc. and Magna International Inc. will form a $1 billion joint venture to build electric car components as the tech companies tap int...
Samsung heirs may face record-high $10 bn inheritance tax bill
The Samsung Group heirs, including Samsung Electronics Co.'s de facto leader Jay Y. Lee, may be looking at a record-high $9.9 billion inheritance ...
Samsung clinches 2nd deal to make Nvidia’s latest gaming chips
Samsung Electronics Co. will manufacture Nvidia Corp.’s latest gaming chips in the second such contract of the year from the US chipmaker, as ...
Samsung Electronics unveils 110-inch premium MicroLED TV
Samsung Electronics Co. has unveiled a new 110-inch light-emitting diode (LED) TV as the South Korean tech giant aims to enhance its presence in the...
Samsung Electronics to raise image sensor output to overtake Sony
Samsung Electronics Co. is switching one of its DRAM chip fabrication lines to boost production of image sensors used in smartphones and other gadge...
Samsung Electronics buys land in Austin, eyes foundry expansion
Samsung Electronics Co. has purchased a giant lot of land in Austin, Texas, where its US chip plant is located, raising expectations that the compan...
Investors set sights on value stocks as LG Electronics’ shares soar
With South Korea’s stock market indexes at or near all-time highs, finding bargains in the market is a daunting task.Growth stocks such as bat...
Samsung hands over diagnostics business to local bio firm
Samsung Electronics Co. has agreed to hand over the business rights for its in vitro diagnostics (IVD) unit to a South Korean bio company as part ...
Samsung promotes young executives to lead memory, foundry businesses
Samsung Electronics Co. on Wednesday announced a leadership shuffle in its two key businesses – memory chips and foundry – as the South ...
Global NAND market in game of chicken as Samsung ups ante
Samsung Electronics Co. is upping the ante to extend its leadership in the memory chip sector with a vow to invest heavily in the NAND business next...
Samsung Engineering wins $1 bn Malaysia plant deal
Samsung Engineering Co. has received a letter of intent from Malaysia’s petrochemical firm Sarawak Petchem Sdn Bhd to build a methanol plant i...
Samsung foundry ramps up chip packaging to compete against TSMC
The battleground for global foundry leaders – Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. (TSMC) – is shifting fr...
Samsung Electronics hits record-high global TV market share in Q3
Samsung Electronics Co.’s global TV market share rose to record levels in the third quarter in value terms, boosted by large-size organic ligh...
Samsung Heavy, Daewoo Shipbuilding fetch over $4 bn in orders
South Korea’s shipbuilding industry appears to be entering full recovery mode after almost a year-long drought in orders thanks to Samsung Heavy...
Kospi-listed companies perform well, even without Samsung
Kospi-listed companies’ operating profits have turned bullish in the third quarter compared to the year-earlier period, swinging back from the n...
Hyundai Heavy, Samsung Heavy pull in over $1 trn in VLCC orders
South Korea’s shipbuilders have made a clean sweep of year-end orders owing to to contracts placed for very large crude carriers (VLCCs). Demand...
