SoftBank-backed Balancehero still hungry for bigger market

SoftBank-backed Balancehero still hungry for bigger market

In India, the world’s most populous country, about 1.2 billion people are estimated to have no credit score because most are unbanked, meaning...

Samsung to produce 290-layer V9 NAND to win chip stacking war

Samsung to produce 290-layer V9 NAND to win chip stacking war

Samsung Electronics Co., the world’s largest memory chipmaker, is set to begin mass production of 290-layer ninth-generation vertical (V9) NAN...

Samsung Galaxy AI expands to 16 languages

Samsung Galaxy AI expands to 16 languages

Samsung Electronics Co. announced on Thursday that it is expanding the translation and communication language support of Galaxy AI, first introduced...

70% of Samsung Pay users switch to Wallet

70% of Samsung Pay users switch to Wallet

Samsung Electronics Co. announced on Wednesday that 70% of Samsung Pay users have switched to Samsung Wallet, an upgraded version of its electronic ...

Samsung Asset's KODEX S&P500 TR ETF surpasses 1 tn won in net asset

Samsung Asset's KODEX S&P500 TR ETF surpasses 1 tn won in net asset

Samsung Asset Management Co. announced on Tuesday that the net asset value of its KODEX US S&P500 TR exchange-traded fund (ETF), which tracks th...

Samsung heiress sells $326 mn worth of Samsung Elec shares

Samsung heiress sells $326 mn worth of Samsung Elec shares

Samsung Group heiress and Hotel Shilla Chief Executive Lee Boo-jin sold 441.2 billion won ($325.9 million) worth of Samsung Electronics Co. shares i...

Samsung C&T to build Korea’s first $103 mn hydrogen tank for power plant

Samsung C&T to build Korea’s first $103 mn hydrogen tank for power plant

Samsung C&T Corp., the construction and trading unit of South Korea’s Samsung Group, has clinched a 140 billion won ($103 million) deal to...

Hyundai-Kia’s India-only EVs to run on Exide batteries

Hyundai-Kia’s India-only EVs to run on Exide batteries

Hyundai Motor Co. and Kia Corp. will use lithium-ion phosphate (LFP) batteries that will be mass-produced by Indian battery maker Exide Energy Solut...

Samsung Electronics stock likely to climb in Q2, analysts say

Samsung Electronics stock likely to climb in Q2, analysts say

South Korean analysts have recommended investors buy Samsung Electronics Co. stocks as the world’s top memory chipmaker, which reported higher...

Samsung to more than double chip investment in Texas

Samsung to more than double chip investment in Texas

Samsung Electronics Co. plans to more than double its total semiconductor investment in Texas to about $44 billion to add an advanced semiconductor ...

Krafton makes local soft launch of mobile game 'Bullet Echo India'

Krafton makes local soft launch of mobile game 'Bullet Echo India'

South Korea's gaming giant Krafton Inc. announced on Friday that it soft-launched "Bullet Echo India," developed by global game developer ZeptoLab, ...

Samsung Q1 profit soars, set to benefit from Taiwan quake, AI chip demand

Samsung Q1 profit soars, set to benefit from Taiwan quake, AI chip demand

Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday its first-quarter operating profit likely rose more than tenfold...

Samsung ups smaller OLED workforce to fend off Chinese rivals

Samsung ups smaller OLED workforce to fend off Chinese rivals

Samsung Display Co., South Korea’s top screen maker, increased its workforce for smaller organic light-emitting diode (OLED) panels used for p...

Bespoke Samsung home devices make chores easier, smarter

Bespoke Samsung home devices make chores easier, smarter

With Samsung Electronics Co.'s new bespoke AI induction stove, there is no need to keep checking the burner for fear of food boiling over while simm...

Korea’s Shinhan to invest $180 mn in India’s HDFC Credila

Korea’s Shinhan to invest $180 mn in India’s HDFC Credila

South Korea’s Shinhan Bank is set to invest $180 million in HDFC Credila Financial Services Ltd., India’s largest education loan provide...

Samsung gains upper hand vs Netlist in $303 million patent dispute

Samsung gains upper hand vs Netlist in $303 million patent dispute

Samsung Electronics Co. has taken the upper hand in its ongoing legal battle against Netlist Inc. over memory chip module patent infringement allega...

Samsung, GS win $7.2 bn gas plant project in Saudi

Samsung, GS win $7.2 bn gas plant project in Saudi

South Korea’s Samsung Engineering (new name: Samsung E&A) and GS Engineering & Construction Corp. (GS E&C) won a $7.2 billion co...

Samsung to unveil 3D DRAM in 2025 to lead AI chip market

Samsung to unveil 3D DRAM in 2025 to lead AI chip market

Samsung Electronics Co., the world’s top memory chipmaker, aims to introduce three-dimensional (3D) DRAM, a game-changer in the artificial int...

Samsung releases 43-inch Moving Stand

Samsung releases 43-inch Moving Stand

Samsung Electronics Co. announced on Tuesday that it launched the Moving Stand for 43-inch monitors, expanding its lineup following the release of 2...

Blackstone sells prime Seoul office building for $586 mn to Koramco

Blackstone sells prime Seoul office building for $586 mn to Koramco

Blackstone Inc. completed selling off Arc Place, a prime office building located in Seoul's upscale Gangnam area, to Koramco REITs Management and Tr...

Samsung returns to top, to up ante against troubled Apple

Samsung returns to top, to up ante against troubled Apple

Samsung Electronics Co. snatched the crown from its archrival Apple Inc. as the top global smartphone seller last month thanks to brisk sales of its...

Foreign buying of Korean stocks hit record high in Q1

Foreign buying of Korean stocks hit record high in Q1

Foreign investors gobbled up a record 15.8 trillion won ($11.7 billion) worth of stocks listed in South Korea during the first three months of this ...

Samsung establishes HBM team to up AI chip production yields

Samsung establishes HBM team to up AI chip production yields

Samsung Electronics Co., the world’s No. 1 memory chipmaker, recently set up a high bandwidth memory (HBM) team within the memory chip divisio...

Samsung unveils 2024 TV lineup at Changi Airport

Samsung unveils 2024 TV lineup at Changi Airport

Samsung Electronics Co. on Thursday hosted an event at Jewel Changi Airport in Singapore to unveil its 2024 new TV lineup, including Neo QLED, organ...

Samsung set to triple HBM output in 2024 to lead AI chip era

Samsung set to triple HBM output in 2024 to lead AI chip era

SILICON VALLEY – Samsung Electronics Co., the world’s largest memory chipmaker, will likely triple its high bandwidth memory (HBM) chip ...

Samsung, Henckels co-develop AI Combo detergent course

Samsung, Henckels co-develop AI Combo detergent course

Samsung Electronics Co. announced on Wednesday that it partnered with the global household and industrial goods company Henckels AG to introduce a d...

Genesystem enters Indian tuberculosis treatment market

Genesystem enters Indian tuberculosis treatment market

Genesystem, a South Korean biotech company said on Tuesday that it will export 20 on-site tuberculosis (TB) diagnostic devices and 6,000 TB test kit...

Samsung seeks to launch new super mobile banking app with a local bank

Samsung seeks to launch new super mobile banking app with a local bank

Samsung Financial Networks, a union of Samsung Group’s four financial affiliates, is seeking to launch a super mobile banking app in partnersh...

Samsung Elec vies for Johnson Controls' HVAC units

Samsung Elec vies for Johnson Controls' HVAC units

Samsung Electronics Co. has joined the race to buy Johnson Controls International’s heating, ventilation and air conditioning (HVAC) assets wo...

Samsung gets AWS platinum certification for water stewardship

Samsung gets AWS platinum certification for water stewardship

Samsung Electronics Co. has been awarded the highest level of certification for water management by the Alliance for Water Stewardship (AWS), a le...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A