Samsung heirs likely to donate over half of Lee's art collection

Samsung Group heirs, including Samsung Electronics Co. Vice Chairman Jay Y. Lee, have tentatively agreed to donate more than half of the late Lee Ku...

Samsung develops ultra-small, high-capacity MLCC

Samsung Electro-Mechanics Co. has developed an ultra-small and high-performance multilayer ceramic capacitor (MLCC) for use in a wider range of el...

Banks keen to lend to Samsung heirs for inheritance tax

South Korean banks are queuing up to extend credit to Samsung Group's de-facto leader Jay Y. Lee and his family who are due to pay over 2 trillion w...

Hyundai Engineering seeks Q3 IPO; seen as precursor to group revamp

Hyundai Engineering Co., an unlisted construction affiliate of the Hyundai Motor Group, is seeking an initial public offering on the Korean bourse, ...

Samsung SDI to supply cylindrical cells to Hyundai, Kia

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is developing cylindrical lithium-ion batteries for Hyundai Motor C...

Ex-Samsung startup head's Archegos job ends after 3 mths

A former startup investment head of Samsung Electronics Co. has wrapped up his brief career in the asset management industry, following Archegos C...

Samsung walks tightrope on US investment; invited to White House talks

Samsung Electronics Co., the only South Korean company invited to a special White House meeting on the global semiconductor shortage, is likely to f...

Samsung-backed semiconductor parts maker eyes IPO

MiCo Ceramics Ltd., a semiconductor equipment parts subsidiary of the industrial ceramics maker MiCo Co., is pushing forward with IPO preparations. ...

Iyuno-SDI Group raises $160 mn follow-on investment from SoftBank

Iyuno-SDI Group, a South Korean content localization firm, has received $160 million in funding from SoftBank Vision Fund 2, a follow-on investment ...

Naver invests $150 million in Indonesia’s No.1 media group Emtek

South Korea’s online platform giant Naver Corp. has invested $150 million in Elang Mahkota Teknologi (Emtek), Indonesia’s largest techno...

Samsung, LG Elec deliver above-consensus Q1 earnings

Samsung Electronics Co. and LG Electronics Inc., the world's two largest TV makers, surprised the market on Wednesday with forecast-beating quarterl...

SK Group acquires 16.3% of Vietnam’s top retailer for $410 million

South Korea’s SK Group has acquired 16.3% of Vincommerce, Vietnam’s top retail business operator, for $410 million as part of a move to ...

SK Group eyes jackpot from investment in battery maker SES

South Korea’s SK Group is expected to pocket at least a tenfold return from its investment in electric vehicle battery startup SES as the batt...

Samsung Heavy sets new global record with $2.5 bn order

South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion won ($2.5 billion), t...

Samsung widens lead over rivals with industry’s first advanced DDR5

Samsung Electronics Co. has extended its lead in memory chips over its rivals by unveiling the industry’s first 512 gigabyte DDR5 module based...

Intel’s jump into foundry sets off alarm bells for Samsung, TSMC

Intel Corp.’s announcement on Tuesday that it will significantly expand its advanced chip manufacturing capacity and jump into the foundry bus...

Samsung says to overtake TSMC with efficient, right-time investment

Samsung Electronics Co. will make efficient and right-time investments to achieve economies of scale so that the world's largest memory chipmaker wi...

Samsung replaces Huawei in Canada as SaskTel’s 5G supplier

Samsung Electronics Co. has been selected as the sole vendor to supply 5G network equipment and solutions to Canadian telecom company SaskTel, based...

Samsung to ramp up EUV scanners to take on foundry leader TSMC

In the semiconductor industry, having cutting-edge equipment to produce advanced chips is crucial to chipmakers' survival, particularly foundries th...

Samsung, SK Hynix at crossroads, challenged by underdogs

South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are at a crossroads, challenged by smaller rivals such as Micron Te...

Shares of Samsung, Hynix subdued amid foreign selling spree

Foreign investors, the dominant players on the Korean bourse, are dumping leading chipmakers such Samsung Electronics Co. and SK Hynix Inc., keeping...

SK Group's financial story: Measure, divest and focus

Last month, South Korea's third-largest conglomerate SK Group agreed to sell its 21-year-old baseball club SK Wyverns to the country’s leading...

Hanwha launches group-wide task force to bolster space business

Hanwha Group has created an internal task force headed by the group's heir apparent to strengthen its presence in the fast-growing global space sect...

Affinity Equity set to acquire Korea’s top recruitment portal JobKorea

Affinity Equity Partners, a global private equity firm, is set to acquire the entire stake of South Korea’s top recruitment portal JobKorea &n...

SK Group eyes IPO of headquarter-backed REIT in 2021

South Korea’s SK Group has begun the process to list a real estate investment trust (REIT) backed by its head office building and some 100 pet...

Samsung launches QLED TVs, aims to retain global leadership for 16th year

Samsung Electronics Co., the world’s largest TV maker, has launched new flashy flagship TV models, with which the tech giant aims to retain it...

Hanwha Group leader Kim Seung-youn returns to management

Hanwha Group leader Kim Seung-youn is returning to management seven years after he was banned from business activities following his conviction for ...

SK Group to sell stake in petrochemical arm; seeks global partnership

South Korea’s third-largest conglomerate SK Group is eyeing a joint venture with a global petrochemical firm as part of the group’s stra...

Young, female, foreign: Hyundai Motor Group’s new BOD

South Korea’s Hyundai Motor Group, under its new leader Chung Euisun, is seeking changes on its board of directors, the group's top business d...

Samsung Elec may advance start of leading-edge foundry line to July

Samsung Electronics Co., a leading global foundry chipmaker, may begin operation of its leading-edge chip fabrication line earlier than scheduled to...