Samsung to receive over $6 bn in US chip subsidies, eyes extra investment

South Korean tech giant Samsung Electronics Co. is expected to receive more than $6 billion in US chip subsidies as the Joe Biden administration is ...

Samsung C&T defeats activist funds in proxy battle

Activist funds arm in arm to demand higher dividends from Samsung C&T Corp. got defeated in a proxy fight against the de facto holding firm of S...

Samsung Display surrenders foldable screen throne to BOE

Chinese smartphone manufacturers’ aggressive push for foldable models has threatened the dominance of Samsung Electronics Co., the world&rsquo...

Samsung brings AI tech to its latest TV lineup to rival LG’s OLED TVs

Samsung Electronics Co., the world’s largest TV maker, said on Wednesday it is bringing artificial intelligence technology to its 2024 TV line...

HD Hyundai Heavy to build next-gen second Aegis destroyer

South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., announced on Wednesday that it has begun construct...

Samsung's chip stockpile declines in Q4 2023

Samsung Electronics Co. has reported a decrease in its semiconductor inventory for the first time in 10 quarters, signaling a rebound in the memory ...

LG invests $60 million in Bear Robotics as robot OS war intensifies

South Korea’s high-tech giant LG Electronics Inc. said on Tuesday it has invested $60 million in Bear Robotics Inc., a Silicon Valley-based se...

EV charging speed, battery sector’s emerging battlefield

South Korea’s three major battery makers are rushing to shorten times for electric vehicle charging, the main issue for consumers reluctant to...

Samsung Electro-Mechanics to supply hybrid camera lenses to Hyundai

Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, plans to begin supplying hybrid lenses for automotive camera modules ...

Samsung Asset wins iF Design Award

South Korea's Samsung Asset Management announced on Friday that its exchange-traded fund (ETF) brand KODEX has won the top prize in the communicatio...

Samsung to use recycled neon gas in chip manufacturing

Samsung Electronics Co. will use recycled neon gas in chip production for the first time in the world, a move expected to stabilize the cost and sup...

HD Hyundai Heavy picks Philippines as Asian base for warship sales

South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. (HHI) said on Thursday it has chosen the Philippines as its base for the sale of...

New iPad Pro to feature Samsung, LG OLED screens

South Korea’s two leading display makers Samsung Display Co. and LG Display Co. are said to have been chosen by Apple Inc. to supply all the 8.5...

Hanwha seeks further legal action vs HD Hyundai amid Navy project rivalry

Hanwha Ocean Co., the world’s second-largest shipbuilder, is seeking new legal action against HD Hyundai Heavy Industries Co. over the bigger ...

Naver to unveil world’s first web platform-enabled robotics OS

South Korea’s online giant Naver Corp. is set to make inroads into the global robotics operating system market by unveiling the world’s ...

Samsung’s Family Hub Plus gets UL certification

Samsung Electronics Co. said on Tuesday that its 2024 Bespoke Refrigerator with Family Hub Plus has achieved the Diamond grade in an Internet of Thi...

Samsung’s Odyssey Neo G9 redefines gaming monitors

Samsung Electronics Co. is redefining the scope of gaming monitors with its latest model, the Odyssey Neo G9, which the South Korean tech giant says...

Palliser Capital backs proxy fight with Samsung C&T

Palliser Capital, a London-based hedge fund, said on Sunday it will vote in favor of other activist shareholders’ proposals for Samsung C&...

Korean EV battery makers to unveil tech for industry recharge

South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...

HPS, CE-TEK to develop onboard carbon capture system

Hyundai Heavy Industries Power Systems Co. (HPS) will join hands with HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) and CE-TEK Ltd. to...

Samsung, LG Electronics sweep honors at iF Design Awards 2024

Samsung Electronics Co. and LG Electronics Inc. have taken home the most trophies among nominees at iF Design Awards 2024, setting a benchmark in de...

Meta’s AI, XR push to gain speed with Korea’s support

South Korea is backing Mark Zuckerberg, founder and chief executive officer of Meta Platforms Inc., in the Facebook operator’s artificial inte...

Kakao Ventures invests in AI optimization startup Omelet

Kakao Ventures Corp. has made an undisclosed amount of seed investment into Omelet, a South Korean early stage startup developing industrial operati...

Samsung flexes NAND muscle with high-capacity microSD cards

Samsung Electronics Co. on Wednesday unveiled two new microSD cards boasting high performance and capacity usually found in solid-state drives (SSDs...

Samsung Bespoke AI Combo sells 1,000 units in three days

Samsung Electronics Co. 's the Bespoke AI Washer & Dryer Combo surpassed 1,000 units sold in three days, Feb. 24 to 26.  The Bespoke AI C...

Kolon Industries, SK Microworks to set up industrial film JV

South Korea’s major chemical materials producer Kolon Industries Inc. will team up with SK Microworks Co. to regain ground in the Chinese film...

Samsung targets gene therapy sector through US investments

Samsung Group is targeting the gene therapy business through investments in US biotechnology companies as the leading South Korean conglomerate is s...

Samsung holds DRAM supremacy with its market share at 7-year high

Samsung Electronics Co., the world’s largest memory chipmaker, saw its supremacy in the DRAM segment strengthen last year with its market shar...

Samsung doubles down in HBM race with largest memory

Samsung Electronics Co. has developed the industry’s first 36-gigabyte (GB) 12-layer high-value, high-performance memory chip in a bid to rest...

Samsung to launch its 1st Galaxy Ring in H2 2024

Samsung Electronics Co. will launch its first Galaxy Ring in the second half of this year as the South Korean tech giant is finalizing research and ...