Samsung Mach 1
Scope
Date
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Tech, Media & Telecom
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...
Feb 23, 2023 (Gmt+09:00)
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Korean startups
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...
Feb 23, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to spur defense sector tech with $1.5 bn R&D investment
South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, by investing more tha...
Feb 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, NTT Docomo jointly publish technical white paper
SK Telecom Co. announced on Wednesday that it had published a technical white paper on 6G common requirements and 5G base station power-saving measu...
Feb 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
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...
Feb 22, 2023 (Gmt+09:00)
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Future mobility
Daewoo E&C, Jeju Air kick off K-UAM Grand Challenge phase 1 project
Daewoo Engineering & Construction Co. and Jeju Air Co. have teamed up to participate in the Korean urban air mobility (K-UAM) project. The two c...
Feb 22, 2023 (Gmt+09:00)
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Electronics
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 ...
Feb 21, 2023 (Gmt+09:00)
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Central bank
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...
Feb 21, 2023 (Gmt+09:00)
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Korean chipmakers
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...
Feb 21, 2023 (Gmt+09:00)
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Batteries
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...
Feb 21, 2023 (Gmt+09:00)
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Mergers & Acquisitions
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...
Feb 21, 2023 (Gmt+09:00)
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Construction
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...
Feb 21, 2023 (Gmt+09:00)
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Fintech
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...
Feb 21, 2023 (Gmt+09:00)
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Korean chipmakers
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...
Feb 20, 2023 (Gmt+09:00)
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Batteries
SK Nexilis signs $1 billion deal to supply copper foil to Northvolt
SK Nexilis Co., a unit of South Korean chemical materials maker SKC Ltd., said on Sunday it has signed a 1.4 trillion won ($1.08 billion) deal to su...
Feb 19, 2023 (Gmt+09:00)
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Korean chipmakers
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...
Feb 17, 2023 (Gmt+09:00)
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Electronics
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...
Feb 17, 2023 (Gmt+09:00)
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Corporate strategy
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...
Feb 16, 2023 (Gmt+09:00)
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Korean stock market
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...
Feb 16, 2023 (Gmt+09:00)
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Electronics
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...
Feb 16, 2023 (Gmt+09:00)
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Electronics
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...
Feb 16, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI expects 2023 sales to grow by a third, driven by fighter jets
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Wednesday it aims to achieve 3.83 trillion w...
Feb 15, 2023 (Gmt+09:00)
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Batteries
S.Korea's EcoPro boosts raw material plant for cathode materials
South Korea's EcoPro Co., a leading cathode supplier for global battery makers, is expanding its plant for raw materials used in secondary battery c...
Feb 15, 2023 (Gmt+09:00)
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Food & Beverage
Hyundai Green Food breaks $1.5 billion in sales for first time in 2022
Hyundai Green Food Co., an affiliate of Hyundai Department Store Group, saw its main business unit of food surpass 2 trillion won ($1.5 billion) in ...
Feb 15, 2023 (Gmt+09:00)
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Korean chipmakers
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...
Feb 14, 2023 (Gmt+09:00)
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Batteries
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...
Feb 14, 2023 (Gmt+09:00)
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Bio & Pharma
LG Chem builds S.Korea's first plant for clinical trials
LG Chem Ltd. has built South Korea’s first pharmaceutical plant dedicated to clinical trials, which the company expects to speed up its medici...
Feb 14, 2023 (Gmt+09:00)
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Robotics
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...
Feb 14, 2023 (Gmt+09:00)
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Korean chipmakers
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. ...
Feb 13, 2023 (Gmt+09:00)
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Economy
S.Korea’s trade outlook dismal in Feb with stagnant exports
South Korea’s trade deficit in just the first 40 days of this year inched close to 40% of its worst-ever annual deficit last year amid a conti...
Feb 13, 2023 (Gmt+09:00)
Latest News
- 1 Jollibee to buy chicken chain Norang Tongdak amid K-food frenzy
- 2 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 3 POSCO Future M breaks with China in cathode supply chain
- 4 GIC resumes Seoul Finance Center sale in potential megadeal
- 5 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula