LG Electronics eyes solid Q2 results after Q1 earnings surprise

LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...

SK, Samsung accelerate S.Korea’s CO2 capture biz growth

Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and storage (CCUS) busi...

Samsung’s chip output cut: Boon for industry, price rebound

Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday it is curtailing chip production after its semiconductor busines...

Samsung Galaxy S23 sales beat S22, enticing MZers

The Galaxy S23 series of Samsung Electronics Co. smartphones have beaten their predecessor Galaxy S22 smartphones in sales volume, less than two mon...

Ferrari, Stellantis head Elkann to visit Samsung for biz talks

John Elkann, chairman of both Italian luxury sports car manufacturer Ferrari S.p.A. and Dutch-domiciled multinational automaker Stellantis N.V., is ...

Samsung, AMD extend partnership for next-generation graphic chips

Samsung Electronics Co. said on Thursday it is extending its strategic partnership with Advanced Micro Devices Inc. to jointly develop next-generati...

Samsung Galaxy S23 to land in Japan to take on iPhone

Samsung Electronics Co., the world’s top smartphone maker, will launch its flagship Galaxy S23 series in Japan later this month to compete wit...

Samsung unveils full 2023 new smart monitor lineup

Samsung Electronics Co. will release a new lineup of smart monitors with significantly enhanced home office and personalized features.According to S...

Kyobo Life’s holding firm plan gains speed with Pavilion Asset acquisition

Kyobo Life Insurance Co. has completed the process to put a South Korea-based alternative asset investment company under its wing, a move that is ex...

S.Korea to focus on secondary batteries, lunar landing vehicles

The Korean government has decided to develop electric vehicle batteries that can travel more than 600 km on a single charge and lunar landing vehicl...

Samsung Elec to invest $3.1 bn in S.Korean OLED plant

Samsung Electronics Co., the world’s largest smartphone maker, is set to spend 4.1 trillion won ($3.1 billion) on a new organic light-emitting...

Samsung Electronics expands B2B online store to Germany

Samsung Electronics Co. announced on Tuesday the opening of a new online store dedicated to small and middle-sized businesses (SMBs) in Germany as p...

Time for South Korea's answer to the US battery subsidy act

The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...

Hyundai Motor to emerge as Korea’s highest earner, beating Samsung

Hyundai Motor Co. will likely emerge as South Korea’s top profit maker in the first quarter, driven by robust sales of pricey cars, pushing pa...

Samsung Heavy wins order $512 mn for two LNG carriers

South Korea's shipbuilder Samsung Heavy Industries announced on Monday that it had won a contract worth 674.5 billion won ($512.3 million) to build ...

Samsung to supply chips for Intel's self-driving tech unit Mobileye

Samsung Electronics Co., the world's largest memory chipmaker, has won a semiconductor production order from Israel-based Mobileye Global Inc., a le...

Samsung C&T, Japan’s Chiyoda collaborate in green hydrogen

South Korea’s Samsung C&T Corp. is boosting its eco-friendly energy business such as in green hydrogen, a carbon-neutral alternative resou...

CEOs of Samsung, LG group companies buying back their stocks

Leading executives of major South Korean corporations Samsung Electronics Co., LG Energy Solution Ltd. and LG Electronics Inc. are buying back their...

Hyosung TNC to team up with Samsung for eco-friendly protective clothing

Hyosung TNC Corp., a South Korean textile and yarn manufacturer, is teaming up with Samsung Electronics Co. to produce eco-friendly protective cloth...

Hanwha Life acquires Indonesia's Lippo General Insurance

South Korea's Hanwha Life Insurance said on Thursday that it has acquired a 62.6% stake in Indonesian insurer Lippo General Insurance, in collaborat...

Biosimilar giant Celltrion to transform into drug developer

South Korean biosimilar giant Celltrion Group aims to transform into a drug developer by generating 40% of sales from new medicines by 2030 as it is...

EcoPro’s cathode material sales to Samsung more than treble

EcoPro Group, South Korea’s leading battery materials producer, raked in more than 3 trillion won ($2.4 billion) in sales from its largest cus...

S.Korea's KOTRA sends chip investment survey team to Texas

The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) on Tuesday said it dispatched to Texas a survey team for semiconductor in...

TSMC-Nvidia alliance step up 2 nm chip rivalry with Samsung

TSMC Co. appears to be at the forefront of efforts to produce ultra-advanced semiconductor chips as the world's largest contract chip manufacturer i...

S.Korea's European patent applications surpass 10,000 in 2022

South Korean companies such as LG Electronics Inc. and Samsung Electronics Co. surpassed a historic milestone by filing over 10,000 patent applica...

Celltrion founder returns to management with M&A pledge

South Korean biosimilar giant Celltrion Group’s founder Seo Jung-jin has returned to management two years after his departure, pledging to mer...

Samsung unveils Exynos Modem 5300 to rival Qualcomm, MediaTek

South Korean tech giant Samsung Electronics Co. has unveiled its latest 5G telecommunications modem, the Exynos Modem 5300, to compete with rivals s...

Samsung, SK Hynix asked to swallow tough pill over US CHIPS Act

 WASHINGTON, D.C. – South Korean chipmakers on Tuesday expressed deep concerns about the detailed guidelines of the US CHIPS and Science ...

Samsung, SK seek dialogue with China at Boao Forum

BEIJING – The Boao Forum for Asia (BFA) is expected to serve as a venue for the world’s two largest memory chipmakers -- Samsung Electro...

Samsung accelerates nurturing chip talent at tech universities

Samsung Electronics Co., the world’s largest memory chipmaker, is expanding programs to foster talented semiconductor engineers and experts by...