Samsung Galaxy Z Flip3 picked as Korea’s top mobile technology 2021

Samsung Galaxy Z Flip3 picked as Korea’s top mobile technology 2021

Samsung Electronics Co.'s latest flip phone, the Galaxy Z Flip3, has been chosen by South Korea’s science ministry as the country’s...

Samsung reshuffles three major CEOs, combines mobile and consumer electronics units

Samsung reshuffles three major CEOs, combines mobile and consumer electronics units

Samsung Electronics Co., in a surprise move, has merged its mobile and consumer electronics businesses into a single unit, and replaced chief execut...

Samsung, Hyundai Motor, SK leaders on overseas business trips

Samsung, Hyundai Motor, SK leaders on overseas business trips

Leaders of South Korea’s three big conglomerates – Samsung, Hyundai and SK – are meeting with their major partners and business le...

Will Samsung stocks repeat December glory?

Will Samsung stocks repeat December glory?

Over the past decade, Samsung Electronics Co. ’s stocks have usually enjoyed a year-end rally every December on increasing dividends and hopes...

GS Retail invests $55 mn in Kakao Mobility to boost online presence

GS Retail invests $55 mn in Kakao Mobility  to boost online presence

GS Retail Co. is investing 65 billion won ($55 million) in Kakao Mobility Corp., South Korea's No.1 taxi-hailing app, adding to its recent series of...

Hyundai Mobis unveils foldable steering wheel

Hyundai Mobis unveils foldable steering wheel

South Korea’s Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has unveiled a foldable steering wheel along with other technologi...

Samsung’s new auto chip mounted in Volkswagen’s infotainment system

Samsung’s new auto chip mounted in Volkswagen’s infotainment system

Samsung Electronics Co. is supplying one of its latest advanced chips to Volkswagen AG for the German carmaker’s in-vehicle infotainment syste...

Samsung to adopt flatter hierarchy to lure young talent

Samsung to adopt flatter hierarchy to lure young talent

Samsung Electronics Co. on Monday announced a set of drastic steps to reduce bureaucracy and hierarchical management at the world's top memory chip ...

Korea homegrown app begins process for H1 2022 listing

Korea homegrown app begins process for H1 2022 listing

One store Co., the South Korean homegrown app store developed by the country’s top online platform Naver Corp. and three telecom carriers, is ...

KakaoPay chief tapped as co-CEO in Kakao management shakeup

KakaoPay chief tapped as co-CEO in Kakao management shakeup

Young-joon Ryu and Min-soo Yeo, slated as Kakao Corp. co-CEOs come March Korea’s largest mobile messenger provider Kakao Corp. is slated ...

LG Electronics names strategy chief as new CEO

LG Electronics names strategy chief as new CEO

South Korea's LG Electronics Inc. on Thursday appointed its strategy chief Cho Joo-wan as the company's new chief executive officer, in a major resh...

Samsung orders US chips, with a side of geopolitics

Samsung orders US chips, with a side of geopolitics

Every country wants a cutting-edge semiconductor plant. Samsung Electronics’ plan to build one in the U.S. is taking advantage of th...

Samsung’s $17 billion new chip plant in Taylor aims to rein in TSMC

Samsung’s $17 billion new chip plant in Taylor aims to rein in TSMC

Samsung Electronics Co. has officially announced its plan to build a $17 billion chipmaking plant in Taylor, Texas, as the tech giant aims to overta...

Samsung, Hynix notch best day this year; metaverse to drive chip demand

Samsung, Hynix notch best day this year; metaverse to drive chip demand

Shares of South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., have staged a strong rebound on an industry prospec...

Samsung, Korea Post create $336 mn overseas alternative investment fund

Samsung, Korea Post create $336 mn overseas alternative investment fund

South Korea's largest insurance company Samsung Life Insurance Co. and state-run postal savings and insurance agency Korea Post’s insurance ...

Samsung likely to announce US foundry investment plan this week

Samsung likely to announce US foundry investment plan this week

Samsung Electronics Co. is expected to announce an investment plan for its second US-based semiconductor foundry plant this week. As the South Kor...

Korea stocks see $2 bn inflow, stoking hopes for a foreigner comeback

Korea stocks see $2 bn inflow, stoking hopes for a foreigner comeback

Foreign investors have absorbed $2 billion in South Korean stock markets so far in November, spurring hopes of a foreign comeback, although doubts r...

Samsung Biologics wins another Eli Lilly COVID treatment order

Samsung Biologics wins another Eli Lilly COVID treatment order

Samsung Biologics Co., a global contract development and manufacturing organization (CDMO), has stepped up its partnerships with global big pharmas ...

Legendary chip architect Jim Keller may team up with Samsung Electronics

Legendary chip architect Jim Keller may team up with Samsung Electronics

Samsung Electronics Co. on Thursday hosted its third annual foundry forum, a gathering of its partners around the world, where legendary chip archit...

Amazon poised for Fire tablet launch in Korea next year

Amazon poised for Fire tablet launch in Korea next year

Amazon, the world’s largest online shopping mall, is set to release its own Fire tablets in South Korea from as early as next year, penetratin...

Samsung heir Lee on US trip for foundry investment, COVID vaccines

Samsung heir Lee on US trip for foundry investment, COVID vaccines

Jay Y. Lee, vice chairman and de facto leader of South Korea’s top conglomerate Samsung, has embarked on a business trip to North America to f...

Samsung unveils 2.5D chip packaging tech for high-end products

Samsung unveils 2.5D chip packaging tech for high-end products

South Korea’s Samsung Electronics Co. has unveiled a new chip packaging technology, called H-Cube, which stacks high-performance chips in mu...

Daewoo Shipbuilding, Samsung Heavy win LNG carriers order from Qatar

Daewoo Shipbuilding, Samsung Heavy win LNG carriers order from Qatar

South Korea’s major shipbuilders Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. won orders for six liquefie...

NCSoft reclaims throne with new mobile game Lineage W

NCSoft reclaims throne with new mobile game Lineage W

Lineage W, developed by South Korea’s NCSoft Corp., has swiftly reclaimed the top spot in the country's mobile gaming market just three days s...

Kakao becomes Korea’s top platform firm, besting archrival Naver

Kakao becomes Korea’s top platform firm, besting archrival Naver

Kakao Corp., best known for South Korea’s top mobile messenger app KakaoTalk, has become the country’s top platform company in terms of ...

Wooyoungmi emerges as 'new luxury' menswear brand

Wooyoungmi emerges as 'new luxury' menswear brand

When South Korean menswear brand Wooyoungmi had the highest sales in the men’s fashion hall of Paris-based luxury department store Le Bon Marc...

Samsung Heavy raises $1.1 bn in rights issue as planned

Samsung Heavy raises $1.1 bn in rights issue as planned

South Korea's Samsung Heavy Industries Co. last week raised 1.3 trillion won ($1.1 billion) in a rights issue to existing shareholders as planned, a...

SK Hynix in $492 million Key Foundry deal, doubles foundry capacity

SK Hynix in $492 million Key Foundry deal, doubles foundry capacity

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Friday it is acquiring a 100% stake in South Korea-based Key Foundry for 5...

Uncertainty clouds Samsung as paradigm shifts toward profitability

Uncertainty clouds Samsung as paradigm shifts toward profitability

Samsung Electronics Co.’s third-quarter earnings report on Thursday was almost perfect but for one thing. The world’s top memory maker s...

Korea’s top mobile game to be launched in Taiwan in Q1 2022

Korea’s top mobile game to be launched in Taiwan in Q1 2022

South Korea’s top mobile game Odin: Valhalla Rising will be launched Taiwan in the first quarter of next year as its developer Lionheart Studi...

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 Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race