Samsung's 3 nm chip narrows microchip gap with TSMC
Samsung Electronics Co. has kicked off mass production of 3-nanometer chips based on the industry’s smallest process node as a global first, a...
Samsung Eng. to invest in Vietnam for SE Asia water biz
Samsung Engineering Co. agreed to spend $41 million on Vietnam’s largest private water treatment company for the eco-friendly business in Sout...
Korea’s Socar gets pushback for high valuation ahead of IPO
South Korea’s mobility unicorn Socar Inc. faces controversy over its valuation after the car-sharing startup set the price guidance for its in...
KT, Swift Navigation team up for ultra-precision location service
KT Corp., a major South Korean telecommunications company, has partnered with Swift Navigation Co., a San Francisco-based technology firm, to commer...
Samsung nears 3-nano chip mass production ahead of TSMC
Samsung Electronics Co. is close to mass producing 3-nanometer chips based on a next-generation ultramicro fabrication process as a global first and...
SK Telecom expands system for self-driving in Seoul
SK Telecom Co., South Korea’s top mobile carrier, has expanded the area covered by the traffic control system for self-driving in Seoul, takin...
Mobility platform Socar targets $1.2 bn value for Aug IPO
South Korea’s car-sharing platform Socar Inc. has estimated its corporate value at up to 1.6 trillion won ($1.2 billion) for an initial public...
LG Electronics, GS acquire AppleMango to launch EV charging business
LG Electronics Inc., in partnership with GS Group, is advancing into the electric vehicle charging service market by acquiring AppleMango Co., a Sou...
Samsung SDI inks $6.6 bn deal for 60% of elecfoil needs
Samsung SDI Co., South Korea’s major battery maker, inked a $6.6 billion contract to secure 60% of its needs for elecfoil, an ingredient for c...
Samsung to fuel rivalry with Sony in mobile image sensor market
Samsung Electronics Co. is set to narrow the gap with bigger competitor Sony in the global image sensor market. The South Korean tech giant introduc...
S.Korean conglomerates look to paint future with NFTs
The non-fungible token (NFT) ecosystem has penetrated into mainstream society. NFTs are digital assets that represent objects in the physical world,...
Samsung Heavy wins record $3 billion LNG carrier order; outlook bright
Samsung Heavy Industries Co., a leading South Korean shipbuilder, has swept global orders for LNG carriers, more profitable than oil tankers and con...
Ex-Samsung exec says Korea chip sector needs more support
South Korea’s semiconductor sector needs more support from the government not only to compete against global rivals backed by their own govern...
LG, Kakao Mobility to roll out autonomous delivery robot service
LG Electronics Inc. and Kakao Mobility Corp. have agreed to form a future mobility technology partnership with an aim to jointly launch an autonomou...
Samsung to boost chip substrate investment after Apple order
Samsung Electro-Mechanics Co. will expand its manufacturing facilities for high-performance package substrates in both South Korea and Vietnam, afte...
More LPs tap ex-Samsung Life professionals as CIOs
A number of financial experts who built their careers at Samsung Life Insurance Co. are in the spotlight as more South Korean pension funds and mutu...
Samsung holds emergency CEO meeting on technology, risk
Chief executives of Samsung Group’s technology units, led by Samsung Electronics Co., held an emergency meeting on Monday to discuss new techn...
Tech experts to discuss future mega-trends at KIF 2022
The Korea Investment Festival (KIF), the largest annual investor relations (IR) event in South Korea, will be held June 29-30 at the Fairmont Ambass...
Samsung SDI to develop cylindrical batteries for Tesla, other EV makers
Leading South Korean battery maker Samsung SDI Co. is ramping up facilities for cylindrical batteries to supply its products to Tesla Inc. and oth...
LG Uplus’ Uplus Drive to be installed in Lexus New Generation NX series
The in-vehicle infotainment (IVI) system by LG Uplus will be equipped in the new line of vehicles by Toyota Motor Corp. and its luxury division Lexu...
Hanwha invests $115 mn in urban air mobility firm Overair
South Korea’s Hanwha Systems Co. and Hanwha Aerospace Co. have invested a combined $115 million in Series B funding for Overair Inc., a Califo...
MBK Partners in talks to buy Kakao Mobility
MBK Partners, one of the largest private equity firms in Asia, is in talks with the country’s top mobile platform Kakao Corp. to acquire share...
Samsung Bioepis’ SB12 shows same clinical effects as Alexion’s Soliris
Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, said its SB12, a proposed biosimilar to Alexion Pharmaceuticals Inc.’s rare bl...
Mirae Asset Securities develops world's first virtual trading system
Mirae Asset Securities Co. announced Thursday it has developed the prototype for the world’s first virtual trading system (VTS,) which allows ...
S.Korean trucker strike enters 3rd day, targets Samsung’s supply chain
South Korea’s unionized truckers, on day three of a large-scale strike, have moved to disrupt the supply of materials needed to manufacture se...
Samsung aims to replicate Galaxy success with Bespoke home appliances
Samsung Electronics Co. aims to replicate the success of its Galaxy series of smartphones with other home appliances sold under its premium Bespoke ...
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...
LG to sponsor Guggenheim’s move for tech-based art
LG Group, South Korea’s No. 4 conglomerate, is set to support the Guggenheim’s move for technology-based art as the consumer electronics...
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’...
