Samsung Biologics signs $81 mn CMO deal with Novartis
South Korea’s Samsung Biologics Co. has inked an $81 million contract manufacturing deal with Novartis, the world’s fifth-largest pharma...
Samsung Elec. executes surprise chip executive reshuffle
Samsung Electronics Co. undertook an unexpected personnel reshuffle on Thursday, involving 20 employees, to hold them accountable for a lower-than-e...
Why Samsung didn't join race for S.Korea's air taxi project
Samsung, a name seen everywhere in South Korea from apartment complexes to home appliances, is missing on the list of bidders for the country’...
South Korean millennials pay premium for authentic luxury items
South Korea’s traditional retail heavyweights are the unexpected winners of the recent counterfeit controversy in the high-end fashion industr...
Samsung leader Lee, Intel CEO Gelsinger discuss chip alliance
Samsung Group’s de facto leader Jay Y. Lee on Monday met with visiting Intel Corp. Chief Executive Pat Gelsinger in Seoul to explore ways to f...
KTCU posts $141 mn return via landmark office exit
The sale of South Korea’s landmark office Alpharium Tower has been completed for 1.02 trillion won ($827.3 million), marking a record-high pri...
Why batteries were left out of Samsung's huge investment plan
Citigroup Global Markets on Monday slashed its target price for Samsung SDI Co., one of South Korea's top three battery makers, by almost half and d...
GEPS taps Samsung Life's alternative investment head as CIO
Government Employees Pension Service (GEPS) of South Korea has named Baek Joo-hyun, former alternative investment head at Samsung Life Insurance Co....
Samsung Eng. wins plant design deal from Texas LNG
South Korea’s Samsung Engineering Co. has won a deal to design a liquefied natural gas plant in Texas, taking a step forward to secure a turnk...
Samsung in do-or-die race with $355 bn spending plan
"It's not a matter of numbers, but a matter of do or die for us."This is the first public remark from Samsung Electronics Co. Vice Chairman and de f...
Childcare app Piloto aims to instill healthy device use
Childcare app operator Piloto won first place at the May startup demo event hosted by D.Camp. The startup accelerator’s parent company,...
Samsung further expands global TV market share in Q1
Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...
Samsung to invest $355 billion in chip, biotech, 6G over five years
South Korea’s top conglomerate Samsung has unveiled a plan to invest 450 trillion won ($355 billion) over the next five years in strategic sec...
Samsung SDI, Stellantis pick Indiana for US EV battery plant
Samsung SDI Co., the world’s sixth-largest battery maker, and Dutch-domiciled multinational automaker Stellantis N.V. picked the state of...
Yoon, Biden highlight 'economic security alliance' following Samsung tour
South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...
Korea may be backpedaling in semiconductor push: Lawmaker
A sudden surge in demand for semiconductors post-pandemic, coupled with a prolonged chip shortage, has forced policymakers worldwide to revisit poli...
Samsung to make mobile AP chip dedicated to Galaxy smartphones
Samsung Electronics Co. is working on a mobile application processor chip, which will be used exclusively for its flagship Galaxy smartphone series ...
KB Asset buys Belgian office towers for $654 million
KB Asset Management Co., the investment arm of KB Financial Group in South Korea, said on Friday it has completed a 100% acquisition of North Galaxy...
Korea's top real estate managers bulk up assets in COVID-19
Real estate funds in South Korea have increased by 27% to 130 trillion won ($101.4 billion) from 102 trillion won over the past two years, accordi...
LG Chem receives FDA nod for CUE-102 cancer treatment phase 1 trials
LG Chem Life Sciences, the biopharmaceutical unit of LG Chem Ltd., has received the US Food and Drug Administration’s approval for phase 1 cli...
Samsung SDS takes smart logistics platform Cello Square to China
Samsung SDS Co., the information technology service unit of Samsung Group, is taking its smart logistics platform, Cello Square, to China to offer l...
Samsung to join NuScale's SMR nuclear plant projects
South Korea's Samsung C&T Corp. will make its foray into the small modular reactor (SMR) market by joining the US-based NuScale Power in buildin...
Time for Samsung to get another Fukuda Report
Eight years ago today, the late Samsung Group leader Lee Kun-hee collapsed at his home following a heart attack, a harbinger of doom six years later...
Korea losing ground in semiconductor talent development
South Korea, home to the world’s top two memory chipmakers, is losing ground for talent development in the semiconductor sector as fewer profe...
Samsung Elec. proposes global research for 6G frequencies
Samsung Electronics Co., South Korea’s tech behemoth, has put forward global research on 6G service frequencies as it aims to take the lead in...
Samsung, SK Hynix scramble for talent amid a lack government support
Samsung Electronics Co. and SK Hynix Inc., the world’s top memory chipmakers, are scrambling for semiconductor manpower in South Korea as the ...
Two unopened ways Samsung Elec. bolsters share prices
Samsung Electronics Co., South Korea’s largest company by market capitalization, has tried to boost its recently battered share price -- espec...
Samsung wins US 5G equipment order from Dish Network
Samsung Electronics Co. has been chosen to supply 5G network equipment to Dish Network Corp., a US wireless carrier in the middle of building a 5G n...
Can Samsung Electronics ever catch up to foundry leader TSMC?
For years, Samsung Electronics Co. has been touted as the backbone of the South Korean economy, Asia’s fourth-largest, under the government&rs...
Why Samsung is so far behind Apple
In October 2012, US tech giant Apple Inc. fired Dominique Oh, the head of its South Korean unit. This was due to Apple's sluggish sales in the home ...
