Robotics shares climb on back of Samsung interest

Shares of Korean robot makers jumped this week following a tech giant’s decision to extend resources on its robotics department. Invest...

Samsung to produce STMicro's MCUs for use in iPhones

Samsung Electronics Co. has won a foundry order from Switzerland-based STMicroelectronics to produce microcontroller units (MCUs) for use in Apple I...

LG Elec expands global auto electronics market share

South Korea’s LG Electronics Inc. is raising its market share in the global automotive electronics industry with the company’s audio, vi...

Winter is over? Samsung's Q3 chip sales beat Intel's

In August, a Morgan Stanley report on the semiconductor industry, “Winter is coming,” fueled debate on whether chip prices were peaking ...

Samsung launches merged set division as DX; robotics new growth driver

Samsung Electronics Co. has officially launched its new set division, which combines its mobile and consumer electronics businesses into a single un...

Hyundai Eng seeks to raise up to $1 bn in Feb IPO

Hyundai Engineering Co., part of South Korea's Hyundai Motor Group, will make a trading debut on the Korea Exchange next February, raising up to 1.2...

Samsung’s mobile business renamed MX to highlight user experience

Samsung Electronics Co. on Friday changed the name of its mobile communications business to MX, short for mobile experience, in line with its pursui...

Samsung’s mid-tier executive reshuffle: More female and foreign faces

Samsung Electronics Co. on Thursday carried out its year-end reshuffle of mid-tier executives, marked by the highest number of promotions for female...

China’s CSI, KRX to launch co-developed stock indices

China Securities Index Co. (CSI) and the Korea Exchange (KRX) are set to unveil three stock indices jointly developed for the first time on Dec. 20,...

Year-end inflow to Korean main bourse sign of foreigner comeback?

Foreign investors are poised to extend their buying spree in South Korea’s main stock market to a sixth straight session, spurring hopes for t...

Samsung Galaxy Z Flip3 picked as Korea’s top mobile technology 2021

Samsung Electronics Co.'s latest flip phone, the Galaxy Z Flip3, has been chosen by South Korea’s science ministry as the country’s...

Samsung reshuffles three major CEOs, combines mobile and consumer electronics units

Samsung Electronics Co., in a surprise move, has merged its mobile and consumer electronics businesses into a single unit, and replaced chief execut...

Samsung, Hyundai Motor, SK leaders on overseas business trips

Leaders of South Korea’s three big conglomerates – Samsung, Hyundai and SK – are meeting with their major partners and business le...

Will Samsung stocks repeat December glory?

Over the past decade, Samsung Electronics Co. ’s stocks have usually enjoyed a year-end rally every December on increasing dividends and hopes...

KTB Network to list at bottom of price range

KTB Network Co., South Korea's first-generation venture capital firm, priced its public offering price at the bottom of the guidance range as the re...

Samsung’s new auto chip mounted in Volkswagen’s infotainment system

Samsung Electronics Co. is supplying one of its latest advanced chips to Volkswagen AG for the German carmaker’s in-vehicle infotainment syste...

KRX approves preliminary review of LG Energy IPO

The Korea Exchange (KRX) on Nov. 30 approved a preliminary review of LG Energy Solution Ltd.’s listing, paving the way for one of the largest-...

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 ...

IONIQ 7 to beome home on wheels with LG appliances

Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...

CVC, Goldman among shortlisted investors in TVing

CVC Capital and Goldman Sachs Principal Investment Area (PIA) are among the shortlisted investors in South Korea's over-the-top (OTT) streaming serv...

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...

NFT, metaverse shares face correction, hit by high valuations

Financial shares related to the metaverse and non-fungible tokens, which have been on a surge in recent weeks, are seeing a correction. With forei...

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...