S.Korean firms with focus on emerging Asia to shine

S.Korean firms with focus on emerging Asia to shine

South Korean companies with a large proportion of sales to emerging Asia are expected to shine in the stock market this year as their revenue from t...

Hyundai, Kia to join global small EV war with new models

Hyundai, Kia to join global small EV war with new models

Hyundai Motor Group, South Korea’s top automaker, will aim at the world’s affordable small electric vehicle segments with new models as ...

Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung opens 5G pilot network to 4th largest mobile carrier in US

Samsung Electronics Co. announced on Thursday that it has successfully completed the opening of a 5th-generation mobile communications (5G) pilot ne...

Samsung’s old textile mill transformed into idea accelerating lab

Samsung’s old textile mill transformed into idea accelerating lab

Samsung Electronics Co. has opened its first regional C-Lab Outside campus in Daegu – where its founder Lee Byung-chull started his first busi...

Samsung maintains No.1 position in global TV market

Samsung maintains No.1 position in global TV market

South Korea’s Samsung Electronics Co. maintained its No. 1 position in the global TV market in 2022, accounting for nearly 30% of TV sales, ac...

Samsung, LG ditch BOE in likely Apple deal for iPad Pro OLED panels

Samsung, LG ditch BOE in likely Apple deal for iPad Pro OLED panels

Samsung Display Co. and LG Display Co. will likely win orders from Apple Inc. to build organic light-emitting diode (OLED) displays for the US tech ...

BOK sees interest rate as tight amid continued drop in exports

 BOK sees interest rate as tight amid continued drop in exports

South Korea’s central bank said on Tuesday it regards the current interest rate as tight, suggesting the monetary authority may hold the polic...

Samsung eyes wider foundry client base with Ambarella deal

Samsung eyes wider foundry client base with Ambarella deal

Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it will manufacture automotive chips for US chip designer Ambar...

Will CATL’s bargain sales hurt Korean EV battery makers?

Will CATL’s bargain sales hurt Korean EV battery makers?

China’s Contemporary Amperex Technology Co. (CATL), the leading global electric vehicle battery manufacturer, has started a price war in the w...

Kosdaq-listed Daebo Magnetic’s 46% stake up for sale, its shares swing

Kosdaq-listed Daebo Magnetic’s 46% stake up for sale, its shares swing

South Korea’s leading secondary battery equipment player Daebo Magnetic Co. is set to sell its owner family’s controlling stake of about...

S.Korea's Samsung C&T wins 2023 Asia Design Prize

S.Korea's Samsung C&T wins 2023 Asia Design Prize

On Monday, Samsung C&T Corp.'s construction division announced that Dongrae Raemian iPark in Busan, South Korea, a project in which it participa...

Samsung Electronics, Naver partner to create simple payment service

Samsung Electronics, Naver partner to create simple payment service

Samsung Electronics Co. and South Korea's Naver Financial have formed a simple payment service alliance in which users of Samsung Pay can make simpl...

Samsung ‘demanding customer’ for ASML as orders rise

Samsung ‘demanding customer’ for ASML as orders rise

VELDHOVEN, Netherlands – South Korea’s Samsung Electronics Co. is a “demanding customer” for the Netherlands-based ASML Hold...

Samsung leader eyes memory chip packaging investment

Samsung leader eyes memory chip packaging investment

Samsung Electronics Co., the world’s largest memory chipmaker, may accelerate investment in leading-edge technologies including chip packaging...

Samsung launches Galaxy S23 series in 55 markets worldwide

Samsung launches Galaxy S23 series in 55 markets worldwide

Samsung Electronics Co. announced on Friday the release of its latest flagship smartphone, the Galaxy S23 series, in 55 markets around the world, in...

Samsung’s TV business launches customer marketing team

Samsung’s TV business launches customer marketing team

South Korea’s tech giant Samsung Electronics Co. is putting into action an age-old mantra that reflects the importance of customers in its bus...

Samsung C&T to cancel $2.3 bn worth of treasury shares, stocks up

Samsung C&T to cancel $2.3 bn worth of treasury shares, stocks up

Samsung C&T Corp.’s share price zoomed on Thursday on news that the company will cancel its entire treasury stock holdings worth about 2.9...

Samsung develops world's first reusable air filter for harmful gases

Samsung develops world's first reusable air filter for harmful gases

Samsung Electronics Co., the South Korean electronics giant, has developed the world’s first filter that can remove both fine dust and harmful...

Samsung Elec launches motor HR development track with sci-tech school

Samsung Elec launches motor HR development track with sci-tech school

Samsung Electronics Co. and Gwangju Institute of Science and Technology (GIST) will jointly develop human resources to advance motor technology, the...

Biden must ensure US allies aren’t China collateral damage

Biden must ensure US allies aren’t China collateral damage

The biggest irony about China-US relations today is just how much Xi Jinping misses Donald Trump. China’s leader would never admit this. ...

Samsung secures $16 bn loan from display unit for chipmaking

Samsung secures $16 bn loan from display unit for chipmaking

South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, has signed a deal to take out a cash loan of 20 trillion won ($15...

LG Energy Solution tops global EV battery market excluding China

LG Energy Solution tops global EV battery market excluding China

South Korea's LG Energy Solution Ltd. for the second straight year was No. 1 on the global market for electric vehicle (EV) batteries excluding Chin...

Samsung Electronics, KAIST join forces to train robotics experts

Samsung Electronics, KAIST join forces to train robotics experts

Samsung Electronics Co. has partnered with the Korea Advanced Institute of Science and Technology (KAIST) to cultivate specialists in robotics. On M...

Samsung, SK Hynix: key beneficiaries of ChatGPT fever

Samsung, SK Hynix: key beneficiaries of ChatGPT fever

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, stand to benefit from the global popularity of ChatGPT. ...

S.Korean IT firms rush for tie-ups to compete with ChatGPT

S.Korean IT firms rush for tie-ups to compete with ChatGPT

South Korean tech companies are rushing to form partnerships in different sectors to develop superior AI services to compete with ChatGPT, a chatbot...

Samsung to boost premium TV lineup with 77-inch QD-OLED

Samsung to boost premium TV lineup with 77-inch QD-OLED

Samsung Electronics Co. is set to launch a 77-inch quantum dot organic light emitting diode (QD-OLED) TV in South Korea, its largest-ever premium TV...

Samsung Asset Management's bond-type ETF assets exceed $7.9 billion

Samsung Asset Management's bond-type ETF assets exceed $7.9 billion

Investment in South Korea is pouring into bond-type exchange-traded funds (ETFs) under the anticipation that interest rate hikes end this year. Such...

Samsung Electro-Mechanics achieves highest ranking in CDP evaluation

Samsung Electro-Mechanics achieves highest ranking in CDP evaluation

Samsung Electro-Mechanics has achieved its highest ranking in the Carbon Disclosure Project (CDP) evaluation of climate change response. The company...

S.Korea’s love of luxury ushers in 3rd wave of bling boom

S.Korea’s love of luxury ushers in 3rd wave of bling boom

Global luxury brands from Louis Vuitton to Chanel and Thom Browne are readying themselves for a third wave of the luxury boom in South Korea, where ...

HLB’s Rivoceranib, Hengrui's Camrelizumab approved as combination therapy in China

HLB’s Rivoceranib, Hengrui's Camrelizumab approved as combination therapy in China

South Korea's HLB Co. announced on Thursday that the combination therapy of its drug candidate rivoceranib and Jiangsu Hengrui Pharmaceuticals Co., ...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel Museum Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge 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