Samsung Financial Networks
Scope
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Korean Innovators at CES 2023
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...
Jan 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus announces official start of original content production
LG Uplus Corp. announced on Thursday that it would officially kickstart producing original content, following its pilot program about desserts relea...
Jan 05, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
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...
Jan 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
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...
Jan 04, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
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...
Jan 04, 2023 (Gmt+09:00)
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Metaverse
Com2verse attracts investment of $9.4 million from strategic partners
Com2verse, Com2uS Corp.'s metaverse subsidiary said on Tuesday that it has secured a strategic investment of 4 billion won ($3.1 million) each from ...
Jan 04, 2023 (Gmt+09:00)
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Electric vehicles
SK Networks completes acquisition of local EV charging platform operator
SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...
Jan 03, 2023 (Gmt+09:00)
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Robotics
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...
Jan 03, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
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...
Jan 03, 2023 (Gmt+09:00)
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The KED View
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 ...
Jan 03, 2023 (Gmt+09:00)
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Electronics
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...
Jan 02, 2023 (Gmt+09:00)
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Retail
GS Retail to introduce forex kiosks in convenience stores
South Korea's convenience store franchiser GS Retail said on Monday that it would introduce foreign currency exchange kiosks at its convenience st...
Jan 02, 2023 (Gmt+09:00)
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Korean stock market
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...
Jan 02, 2023 (Gmt+09:00)
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Korean chipmakers
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 ...
Dec 30, 2022 (Gmt+09:00)
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ESG
Woori Financial wins MSCI ESG global leader rating for 2nd year
Woori Financial Group said on Thursday it has earned an AA rating for the second consecutive year in the global ESG rating announced by Morgan Stanl...
Dec 30, 2022 (Gmt+09:00)
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Bio & Pharma
S.Korea's Medicox boosts unit for oral insulin, medical cannabis
South Korea's Medicox Co. on Wednesday said it will raise 40 billion won ($32 million) to boost its unit for oral insulin and cannabidiol (CBD).The ...
Dec 29, 2022 (Gmt+09:00)
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Korean startups
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 ...
Dec 29, 2022 (Gmt+09:00)
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Electronics
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 ...
Dec 28, 2022 (Gmt+09:00)
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Mergers & Acquisitions
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...
Dec 27, 2022 (Gmt+09:00)
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Electronics
Samsung Electronics unveils 43-inch gaming monitor Odyssey Neo G7
Samsung Electronics Co. on Tuesday said it will release in Korea the Odyssey Neo G7, its new 43-inch large-screen gaming monitor.The monitor sp...
Dec 27, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung starts building 4th semiconductor plant in Pyeongtaek
The world's largest DRAM supplier Samsung Electronics Co. is accelerating its move to expand production capacities at its manufacturing complex in P...
Dec 27, 2022 (Gmt+09:00)
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Pension funds
NPS fund management taps former GEPS CIO Seo as new chief
National Pension Service (NPS) of South Korea, the world's third-largest pension fund, has tapped Seo Won-joo as the new chief investment officer, a...
Dec 27, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT builds hyper-connected R&D network KOREN data site
KT Corp. said on Monday that it will start operation on Jan. 5 after completing the construction of KOREN data lake portal site, which provides vari...
Dec 27, 2022 (Gmt+09:00)
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Venture capital
Korea’s big bio startups to launch $39 mn investment fund
South Korea’s four leading biotech firms plan to launch an investment fund of up to 50 billion won ($39 million) to support smaller domestic b...
Dec 26, 2022 (Gmt+09:00)
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Companies
Samsung Global Goals app rakes in over $10 million in charity 3 years after launch
Samsung Electronics Co. on Monday said Samsung Global Goals, a charity app for the company's Galaxy smartphones and devices, exceeded $10 million in...
Dec 26, 2022 (Gmt+09:00)
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Electronics
Samsung TV, home theater systems win award in Australia
South Korea's electronics giant Samsung Electronics Co. has set a new benchmark for customer satisfaction in Australia, receiving Canstar Blue&rsquo...
Dec 26, 2022 (Gmt+09:00)
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Fintech
South Korea doubles gov't fintech innovation fund to $781 million
The South Korean government will double the value of its Fintech Innovation Fund, a source of financial support for the financial technology or fint...
Dec 26, 2022 (Gmt+09:00)
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Electronics
Samsung, LG to showcase high-end home appliances at CES 2023
South Korea's Samsung Electronics Co. and LG Electronics Inc. are set to showcase their high-end home appliances at the CES 2023, the world's larges...
Dec 26, 2022 (Gmt+09:00)
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Artificial intelligence
Samsung establishes Department of Intelligent Software at Sungkyunkwan Univ.
Samsung Electronics Co. and Sungkyunkwan University will jointly establish a new Department of Intelligent Software, a contract-based academic depar...
Dec 26, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Elec to develop Vietnam as global strategic base
Samsung Electronics Co., the world’s top memory chip and smartphone maker, aims to nurture Vietnam as a global strategic base as it opens a ne...
Dec 23, 2022 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet