POSCO raises €1.1 bn in convertible green bonds

POSCO raises €1.1 bn in convertible green bonds

POSCO Co., the world's fifth-largest steelmaker, has raised €1.1 billion ($1.3 billion) through green bonds convertible into its common shares,...

SK E&S' $2 bn preferred share deal shortlisted to four candidates

SK E&S' $2 bn preferred share deal shortlisted to four candidates

SK E&S Co., the largest city gas supplier in South Korea, has shortlisted four candidates among seven preliminary bidders to invest in 2 trillio...

Samsung Electro-Mechanics aims to take lead in MLCC market

Samsung Electro-Mechanics aims to take lead in MLCC market

South Korea-based electronic components maker Samsung Electro-Mechanics Co. is looking to take lead in the multi-layer ceramic capacitors (MLCC) mar...

Korean won at 11-month low as foreigners dump $6.1 bn in stocks this week

Korean won at 11-month low as foreigners dump $6.1 bn in stocks this week

The South Korean won tumbled to a near 11-month low as foreign investors dumped $6.1 billion in local stocks this week much more than their total se...

Doosan Infracore expands Middle East market share with more orders

Doosan Infracore expands Middle East market share with more orders

Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, secured more orders in the Middle East where rising c...

Samsung’s new foldables: Game changer in smartphones

Samsung’s new foldables: Game changer in smartphones

Samsung Electronics Co. on Wednesday announced new additions to its high-end line of Galaxy Z Fold and Z Flip phones, in hopes that the new 5G-enabl...

Diet boom drives Foodnamoo to 52-week high

Diet boom drives Foodnamoo to 52-week high

South Korea-based Foodnamoo Inc., the operator of diet product platform Rankingdak.com, has hit a new 52-week high as its share price closed at the ...

Samsung shares struggle as big strategic decisions still await Lee

Samsung shares struggle as big strategic decisions still await Lee

Shares of Samsung Electronics Co. have been trapped in a boxed range since the start of the year, dashing retail investors’ hope that the tech...

NCSoft to launch Lineage W, first game with priority on global users

NCSoft to launch Lineage W, first game with priority on global users

South Korea’s leading game developer NCSoft Corp. will be launching its latest massively multiplayer online role-playing game (MMORPG), Lineag...

Samsung unveils industry’s first 5 nm processor for wearable devices

Samsung unveils industry’s first 5 nm processor for wearable devices

Samsung Electronics Co. has unveiled a new Exynos processor for wearable devices, built with an advanced 5-nanometer extreme ultra-violet (EUV) proc...

Samsung's Lee to be released on parole on Aug. 13

Samsung's Lee to be released on parole on Aug. 13

Samsung Group leader Jay Y. Lee will be released on parole on Friday after having been imprisoned since January of this year on charges of bribery a...

SK's battery unit split-off drives polarized responses

SK's battery unit split-off drives polarized responses

The share price of South Korea's SK Innovation Co. has extended losses following its confirmation on Tuesday of the battery business splif-off plan,...

Korean govt to spend $1.9 billion to become world’s leading vaccine maker

Korean govt to spend $1.9 billion to become world’s leading vaccine maker

The South Korean government will invest 2.2 trillion won ($1.9 billion) by 2025 to become a top five vaccine producer in the world. President Moon J...

Krafton locks up two-thirds of IPO shares amid price concerns

Krafton locks up two-thirds of IPO shares amid price concerns

Krafton Inc. has locked up more than 80% of its IPO shares allocated to institutional investors, in a move to prevent mass selling of its shares imm...

Samsung, TSMC in heated race for industry’s smallest 3 nm process node

Samsung, TSMC in heated race for industry’s smallest 3 nm process node

The world’s two largest foundry chipmakers, Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co., are in a heated race fo...

KKR, IMM PE in bid for SK E&S' $2 bn preferred shares

KKR, IMM PE in bid for SK E&S' $2 bn preferred shares

KKR & Co., IMM Private Equity and Glenwood Private Equity are among the preliminary bidders for 2 trillion won ($1.9 billion) worth of new prefe...

Samsung Group joins Kakao in Bank of Korea’s digital currency project

Samsung Group joins Kakao in Bank of Korea’s digital currency project

Samsung Group will be working together with Kakao Corp. on the digital currency simulation project led by South Korea’s central bank. Accordin...

Samsung Electronics’ stock stages a rebound as outlook concerns ease

Samsung Electronics’ stock stages a rebound as outlook concerns ease

Shares of Samsung Electronics Co. have risen above the psychologically important level as foreign and institutional investors returned amid easing c...

Krafton IPO draws lukewarm demand from retail investors

Krafton IPO draws lukewarm demand from retail investors

Korea’s major game developer Krafton Inc’s much-anticipated IPO subscription has closed by only drawing a muted response from investors....

Samsung joins 200 other firms in Korea’s metaverse alliance

Samsung joins 200 other firms in Korea’s metaverse alliance

Samsung Electronics Co. has onboarded South Korea’s government-led metaverse alliance in a move to strengthen partnership in virtual reality (...

Samsung overtakes Intel as foundry looms as next battlefield

Samsung overtakes Intel as foundry looms as next battlefield

Samsung Electronics Co. overtook Intel Corp. as the world’s top chipmaker by revenue in the second quarter, but the South Korean technology gi...

Inside Samsung: Top level meetings drive ecosystem buildup

Inside Samsung: Top level meetings drive ecosystem buildup

Samsung Electronics Co.’s latest strategic focus is setting up its own ecosystem of devices ranging from mobile phones, home appliances to TVs...

Samsung works on industry’s first 200-layer NAND as its Q2 profit jumps

Samsung works on industry’s first 200-layer NAND as its Q2 profit jumps

Samsung Electronics Co. has made significant progress in developing a 200-layer vertical or V-NAND flash memory –the industry’s first &n...

LG Elec completes stock deal with Magna for EV powertrain JV

LG Elec completes stock deal with Magna for EV powertrain JV

LG Electronics Inc. completed a stock sale deal with Canadian auto parts maker Magna International Inc. for an electric vehicle (EV) powertrain join...

Korea's sole AI chip designer takes on automotive chip market

Korea's sole AI chip designer takes on automotive chip market

South Korea-based semiconductor intellectual property provider Openedges Technology Inc. has come into the limelight with global automaker Hyundai M...

Samsung further cornered by Intel's foundry ambitions

Samsung further cornered by Intel's foundry ambitions

Intel Corp.'s announcement on Monday of securing Qualcomm Inc. as its first fabless client caught Samsung Electronics Co. off guard, as the South Ko...

COVID treatment deals drive Samsung Bio’s record quarterly earnings

COVID treatment deals drive Samsung Bio’s record quarterly earnings

South Korea’s Samsung Biologics Co. posted its highest quarterly revenue and operating profit, thanks largely to a number of long-term manufac...

Samsung SDI to build EV battery plant in US

Samsung SDI to build EV battery plant in US

Samsung SDI Co. plans to set up an electric vehicle (EV) battery plant in the US, joining South Korean battery producers’ move to gain ground ...

Shares of parts makers outshine chips, display giants

Shares of parts makers outshine chips, display giants

Shares of South Korean semiconductor and display parts makers have stolen the spotlight from their key customers like Samsung Electronics Co. and SK...

Samsung’s Olympic goodie bag goes viral among athletes

Samsung’s Olympic goodie bag goes viral among athletes

Samsung Electronics Co.’s marketing efforts at the Tokyo Olympic Games have received a wide welcome from the athletes participating at the eve...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit