MBK Partners co-founder tops 50 richest S.Koreans: Forbes

Michael ByungJu Kim, co-founder and partner at private equity firm MBK Partners, has topped the ranking of the 50 richest South Koreans by net worth...

Samsung competes with Apple on rising non-terrestrial network market

The global market for non-terrestrial networks (NTN), or communications systems that use satellites to text and make phone calls even in places wher...

Samsung Galaxy may use Bing as default search engine, not Google

Samsung Electronics Co., the world’s second-largest smartphone maker, is considering switching the default search engine for its Galaxy mobile...

Samsung's Bespoke Infinite appliance wins iF Design Awards

Samsung Electronics co. has received a total of 80 awards, including one gold award, in 2023 iF Design Awards, an international design competition h...

Samsung Elec launches foundry package turnkey service

Samsung Electronics Co., the world’s No. 2 foundry player, has begun package turnkey service for contract chip manufacturing as it aims to tak...

Samsung Electronics opens 3rd C-Lab Outside regional hub

Samsung Electronics Co. on Thursday opened the third regional center of its C-Lab Outside, a corporate partnership program to nurture local startups...

DRAM prices rebound on Samsung output cut; earlier recovery eyed

Memory chip prices are staging a rebound for the first time in more than a year following Samsung Electronics Co.'s near-term production cut, b...

Samsung installs massive MicroLED screen at luxury hotel in UAE

Samsung Electronics Co. on Wednesday said it has supplied a large number of smart signage and TV screens to Atlantis the Royal, a luxury hotel and r...

Samsung Electronics launches latest stick vacuum cleaner via catwalk

Samsung Electronics Co. on Tuesday said it launched the unique publicity campaign "Jet Walk" stressing "an uber-powerful cleaning show the world has...

Hyundai E&C, Samsung C&T to jointly establish construction robot ecosystem

Hyundai Engineering & Construction and Samsung C&T Corp.'s construction unit andannounced on Tuesday that they have signed a strategic bus...

Samsung Display poised to supply OLED panels to Ferrari

Samsung Display Co. of South Korea is set to supply Ferrari S.p.A. with its automotive organic light emitting diode (OLED) panels, accelerating its ...

S.Korea sees release of generic diabetes drugs after Forxiga patent expires

South Korea's pharmaceutical companies are competing to sell generic drugs to raise their presence on the domestic market for diabetes treatment wit...

S.Korean stocks at 8-month high as foreigners chase Samsung

South Korean stocks hit an eight-month high on Monday as foreign investors continued to chase Samsung Electronics Co., the country’s most valu...

Samsung to transfer proprietary technologies to SMEs for free

Samsung Electronics Co. has partnered with South Korean government to transfer patented technologies free of charge in an effort to support the grow...

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...

Samsung's Neo QLED 8K wins critical acclaim in US, UK

Samsung Electronics Co. announced on Sunday that its recently released the 2023 Neo QLED TV has received high praise from major professional media...

Samsung prepares for DRAM upturn with bold investment even after chip output cut

Samsung Electronics Co. has joined its peers in cutting memory chip production on its chip division’s anticipated first loss in more than a de...

LG Electronics eyes solid Q2 results after Q1 earnings surprise

LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and storage (CCUS) busi...

Samsung’s chip output cut: Boon for industry, price rebound

Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday it is curtailing chip production after its semiconductor busines...

Samsung Galaxy S23 sales beat S22, enticing MZers

The Galaxy S23 series of Samsung Electronics Co. smartphones have beaten their predecessor Galaxy S22 smartphones in sales volume, less than two mon...

Ferrari, Stellantis head Elkann to visit Samsung for biz talks

John Elkann, chairman of both Italian luxury sports car manufacturer Ferrari S.p.A. and Dutch-domiciled multinational automaker Stellantis N.V., is ...

Samsung, AMD extend partnership for next-generation graphic chips

Samsung Electronics Co. said on Thursday it is extending its strategic partnership with Advanced Micro Devices Inc. to jointly develop next-generati...

Samsung Galaxy S23 to land in Japan to take on iPhone

Samsung Electronics Co., the world’s top smartphone maker, will launch its flagship Galaxy S23 series in Japan later this month to compete wit...

Samsung unveils full 2023 new smart monitor lineup

Samsung Electronics Co. will release a new lineup of smart monitors with significantly enhanced home office and personalized features.According to S...

Kyobo Life’s holding firm plan gains speed with Pavilion Asset acquisition

Kyobo Life Insurance Co. has completed the process to put a South Korea-based alternative asset investment company under its wing, a move that is ex...

S.Korea to focus on secondary batteries, lunar landing vehicles

The Korean government has decided to develop electric vehicle batteries that can travel more than 600 km on a single charge and lunar landing vehicl...

Samsung Elec to invest $3.1 bn in S.Korean OLED plant

Samsung Electronics Co., the world’s largest smartphone maker, is set to spend 4.1 trillion won ($3.1 billion) on a new organic light-emitting...

Samsung Electronics expands B2B online store to Germany

Samsung Electronics Co. announced on Tuesday the opening of a new online store dedicated to small and middle-sized businesses (SMBs) in Germany as p...

Time for South Korea's answer to the US battery subsidy act

The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...