Samsung smartphone shipments down 7.4% in Q3; outlook dim

Samsung smartphone shipments down 7.4% in Q3; outlook dim

Samsung Electronics Co. suffered a drop in smartphone shipments during the third quarter on weak demand, adding to concerns over the sector’s ...

Samsung to use rare gas produced by POSCO for chip manufacturing

Samsung to use rare gas produced by POSCO for chip manufacturing

Samsung Electronics Co., the world’s largest memory chipmaker, will significantly raise the use of locally produced xenon, a critical gas for ...

Samsung reiterates no memory chip output cut despite weak Q3 results

Samsung reiterates no memory chip output cut despite weak Q3 results

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, said on Thursday it will not reduce its production despite dwin...

Samsung SDI beats CATL in EV battery operating margin

Samsung SDI beats CATL in EV battery operating margin

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, reported a higher operating margin than that of the global leader C...

Jay Y. Lee inaugurated as chairman of Samsung Electronics

Jay Y. Lee inaugurated as chairman of Samsung Electronics

Samsung Electronics Co.'s leader Jay Y. Lee was promoted as the company's chairman on Oct. 27.Samsung Electronics' board of directors approved the a...

CJ Group reshuffles CEOs with woman at helm of Olive Young

CJ Group reshuffles CEOs with woman at helm of Olive Young

South Korea’s CJ Group carried out a CEO and executive reshuffle on Oct. 24 around two months earlier than previous year-end promotions to imp...

Carlyle, GS Group to buy Korean dental scanner maker

Carlyle, GS Group to buy Korean dental scanner maker

US private equity giant The Carlyle Group and South Korean energy-to-retail conglomerate GS Group will acquire Medit Corp., the world’s third-...

Samsung Elec to expand foundry business to tackle TSMC

Samsung Elec to expand foundry business to tackle TSMC

Samsung Electronics Co., the world’s second-largest foundry company, is set to expand production technology of chips for automobiles, sensors ...

Goldman taps TPG Korea's Lee as Seoul office PE head

Goldman taps TPG Korea's Lee as Seoul office PE head

Goldman Sachs Group Inc. is set to hire Lee Seung-june, managing director at US investment firm TPG's Seoul office, as Goldman Sachs' private equity...

Korea's Samsung Biologics signs $296 mn CMO deal with GSK

Korea's Samsung Biologics signs $296 mn CMO deal with GSK

South Korea’s Samsung Biologics Co. has signed a $296.1 million deal to supply biopharmaceutical products to UK-based multinational pharma gia...

Samsung SDI supplier Jaewon seeks about $280 mn in pre-IPO

Samsung SDI supplier Jaewon seeks about $280 mn in pre-IPO

South Korean mid-sized petrochemical company Jaewon Industrial Co. is looking to attract pre-IPO investment, according to investment banking sources...

Samsung mulls new foundry plant in Europe, to expand outsourcing

Samsung mulls new foundry plant in Europe, to expand outsourcing

Samsung Electronics Co., the world’s largest memory chipmaker, is considering expanding outsourced chip production and building a new foundry ...

Samsung, Qualcomm unveil industry’s fastest LPDDR5X DRAM chip

Samsung, Qualcomm unveil industry’s fastest LPDDR5X DRAM chip

South Korean tech giant Samsung Electronics Co. said on Tuesday it has successfully proved the performance of its latest LPDDR5X DRAM on Qualcomm Te...

Samsung Asset says to pursue global, active, bond-type ETFs

Samsung Asset says to pursue global, active, bond-type ETFs

Samsung Asset Management Co., South Korea’s largest exchange-traded fund (ETF) manager, will focus on global, active and bond-type ETFs, as we...

Zuckerberg meets with Samsung executives over Meta Quest Pro

Zuckerberg meets with Samsung executives over Meta Quest Pro

SILICON VALLEY – Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc., has met with senior officials of Samsung Electronics C...

Samsung launches upgraded digital wallet to take on Apple Pay

Samsung launches upgraded digital wallet to take on Apple Pay

South Korea’s tech giant Samsung Electronics Co. said on Friday it is launching its digital wallet platform in 13 more countries by year-end t...

Lab-grown fish, smart pillow: LG’s choices for future

Lab-grown fish, smart pillow: LG’s choices for future

Startups making lab-cultured seafood, smart pillows and others showcased their innovative products at an exhibition hosted by LG Group, South Korea&...

Hansol Group, KAIST to launch new tech, AI research center

Hansol Group, KAIST to launch new tech, AI research center

South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a research center to de...

US to allow Samsung, SK Hynix to import to China for 1 year

US to allow Samsung, SK Hynix to import to China for 1 year

The Biden administration has decided to allow Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, to import ...

Hanwha Group needs to stay innovative to succeed, CEO says

Hanwha Group needs to stay innovative to succeed, CEO says

South Korea’s chemicals-to-defense conglomerate Hanwha Group needs to look ahead and prepare for the next century, its Chairman and CEO Kim Se...

Samsung Biologics opens the world's largest CDMO factory

Samsung Biologics opens the world's largest CDMO factory

South Korea’s Samsung Biologics Co.’s new biopharmaceuticals plant launched operations on Tuesday, a move expected to widen the gap betw...

Samsung Q3 earnings disappoint on weak chip business

Samsung Q3 earnings disappoint on weak chip business

Samsung Electronics Co., the world’s top memory chipmaker, missed third-quarter earnings estimates on the weak semiconductor business and its ...

Samsung says no memory output cut, to widen tech gap with rivals

Samsung says no memory output cut, to widen tech gap with rivals

SILICON VALLEY – Samsung Electronics Co., the world’s top memory chipmaker, is not considering slashing its memory chip production despi...

KT rebrands Olleh TV as Genie TV to transform into media portal

KT rebrands Olleh TV as Genie TV to transform into media portal

South Korea’s telecom giant KT Corp. is rebranding its IPTV service Olleh TV as Genie TV as part of its efforts to transform into a media port...

Samsung leader Lee calls on mgt to raise shareholder value

Samsung leader Lee calls on mgt to raise shareholder value

Samsung Electronics Co. set up a task force team dedicated to increasing its shareholder value last month, according to industry sources on Oct. 4. ...

Samsung unveils 1.4 nm tech roadmap to challenge TSMC’s dominance

Samsung unveils 1.4 nm tech roadmap to challenge TSMC’s dominance

SILICON VALLEY – Samsung Electronics Co. said on Monday it will adopt the industry’s most advanced 1.4-nanometer chip production technol...

Samsung’s new $2.8 bn OLED plant to benefit Korean device makers

Samsung’s new $2.8 bn OLED plant to benefit Korean device makers

South Korea’s electronics equipment manufacturers are set to benefit from Samsung Display Co.’s planned construction of a $2.8 billion n...

SoftBank’s Son expected to meet Samsung's Lee for Arm M&A discussion

SoftBank’s Son expected to meet Samsung's Lee for Arm M&A discussion

SoftBank Group Corp. CEO Masayoshi Son, who also goes by the Korean name Son Jeong-ui, arrived in South Korea on Saturday. When asked about the purp...

Samsung cuts H2 chip sales outlook by a third, gripped by sense of crisis

Samsung cuts H2 chip sales outlook by a third, gripped by sense of crisis

Samsung Electronics Co., the world’s largest memory chipmaker, has slashed its outlook for second-half semiconductor sales revenue by a third ...

Samsung Display debuts world's first 17-inch slidable display PC

Samsung Display debuts world's first 17-inch slidable display PC

South Korea’s Samsung Display Co. announced the world’s first 17-inch slidable display PC prototype at the Intel Innovation developer co...

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