Samsung CEO: M&A deals in offing, to expand MicroLED TV facilities

Samsung CEO: M&A deals in offing, to expand MicroLED TV facilities

LAS VEGAS – Samsung Electronics Co. is working on multiple M&A deals, which it could announce in the near future, as the company is seekin...

Samsung Electronics to open its eco-friendly tech to competitors

Samsung Electronics to open its eco-friendly tech to competitors

LAS VEGAS – Samsung Electronics Co. has announced that it will make its eco-friendly technologies openly available to its competitors as part ...

Biotech firm EDGC embarks on metaverse journey 

Biotech firm EDGC embarks on metaverse journey 

EONE-DIAGNOMICS Genome Center Co. ( EDGC ) announced this week it would participate in AI Human Metaverse Project consortium – along with seven ...

Samsung ushers in era of bespoke homes with AI butlers

 Samsung ushers in era of bespoke homes with AI butlers

Samsung Electronics Co. is showcasing an unprecedented immersive home electronics experience at CES 2022 (Jan. 5-8.)  YOUR HOME AS A METAVERSE...

LG welcomes Samsung’s likely re-entry into OLED TV market

LG welcomes Samsung’s likely re-entry into OLED TV market

Samsung Electronics Co.'s expected re-entry into the OLED TV market will further expand the growing segment, which is gaining popularity in the...

Samsung SRA taps former KIC infra head as CEO

Samsung SRA taps former KIC infra head as CEO

Samsung SRA Asset Management Co. has named its former managing director (MD) and chief investment officer Chung-Keun Kim as its new chief executive,...

Convergence, metaverse, green: Korea Inc.’s themes at CES 2022

Convergence, metaverse, green: Korea Inc.’s themes at CES 2022

South Korea’s major companies are showcasing robots, mobility and the metaverse rather than cutting-edge models of their conventional products...

From TV to window: New displays from Samsung and LG

From TV to window: New displays from Samsung and LG

Samsung Electronics Co. and LG Display Co., the two archrivals in the TV panel market, are unveiling new displays with enhanced picture and sound qu...

BTS’ NFT venture hits sour note with fans

BTS’ NFT venture hits sour note with fans

SEOUL—When BTS unveiled plans last month to break into the NFT business, the South Korean boy band’s supporters revolted online, threate...

Time to buy Korean chipmakers; Samsung among 2022 top picks

Time to buy Korean chipmakers; Samsung among 2022 top picks

The year of the tiger will see decent stock price gains in leading chipmakers such as Samsung Electronics Co. and SK Hynix Inc. on expected hypersca...

Samsung Group in negotiations to buy Biogen

Samsung Group in negotiations to buy Biogen

South Korea's Samsung Group is in negotiations to buy Biogen Inc., a leading US-based drugmaker for neurological conditions such as Alzheimer's and ...

Samsung cuts NAND output in Xian on COVID-19 lockdown

Samsung cuts NAND output in Xian on COVID-19 lockdown

Samsung Electronics Co., the world’s largest NAND flash memory chipmaker, said on Wednesday it is adjusting operations at its manufacturing fa...

Pipeline software solutions provider Cloa wins $5.1 mn in additional funding

Pipeline software solutions provider Cloa wins $5.1 mn in additional funding

NAVER Corp.’s startup accelerator D2SF (D2 Startup Factory) has made an additional investment into data pipeline solutions provider Cloa, the ...

Mobile POS maker Payhere receives $84.2 mn in Series A funding 

Mobile POS maker Payhere receives $84.2 mn in Series A funding 

Mobile point-of-sale (POS) system maker Payhere Inc. announced Tuesday it received 10 billion won ($8.4 million) in Series A funding from Softbank V...

E-Mart in exclusive talks to buy US food company

E-Mart in exclusive talks to buy US food company

South Korea's largest supermarket chain E-Mart Inc. has spent nearly $4 billion on acquisition deals so far this year, including the $3 billion purc...

SK Hynix wins China’s approval for $9 billion Intel NAND acquisition

SK Hynix wins China’s approval for $9 billion Intel NAND acquisition

SK Hynix Inc. has received approval from China’s antitrust regulator for its $9 billion deal to acquire Intel Corp.’s NAND memory chip b...

VCs in Korea shell out in search of next unicorns

VCs in Korea shell out in search of next unicorns

2021 has been a heyday for Korea’s startup ecosystem – especially for the VCs that invest in it. In the first three quarters of this ye...

Strong Ventures, KB Investment invest in K-pop metaverse

Strong Ventures, KB Investment invest in K-pop metaverse

South Korea’s KB Investment Co. and US venture capitalist Strong Ventures LLC have invested in Stan World, a K-pop metaverse platform operator...

Samsung Elec launches dedicated team for China

Samsung Elec launches dedicated team for China

Samsung Electronics Co., South Korea’s top tech giant, has established a dedicated team for the Chinese market, where its smartphone and home ...

Korean core companies’ stocks underperform global peers

Korean core companies’ stocks underperform global peers

The world sought new opportunities in 2021, recovering from the shock of the COVID-19 pandemic. Global major companies have been in cutthroat compet...

Samsung supplies self-driving, infotainment chips to global carmaker

Samsung supplies self-driving, infotainment chips to global carmaker

Samsung Electronics Co. is supplying advanced memory chips to an unidentified global automaker for use in its self-driving and infotainment systems....

Samsung flexes foundry muscle amid supply chain woes

Samsung flexes foundry muscle amid supply chain woes

Samsung Electronics Co. may emerge a winner in the prolonged pandemic era, making full use of fabless chipmakers' efforts to diversify the manufactu...

Samsung, Hyundai race for $4 bn Indonesia petchem project

Samsung, Hyundai race for $4 bn Indonesia petchem project

South Korean builders Samsung Engineering and Hyundai Engineering Co. are in a tight race to win a $4 billion petrochemical project in Indonesia.Sam...

SK Hynix makes industry’s highest density 24Gb DDR5 DRAM chip

SK Hynix makes industry’s highest density 24Gb DDR5 DRAM chip

South Korea’s SK Hynix Inc. said on Wednesday it has shipped samples of 24 Gigabit (Gb) double data rate 5 (DDR5) DRAM, the industry’s h...

Korea approves export of Samsung Biologics-made Moderna vaccine

Korea approves export of Samsung Biologics-made Moderna vaccine

South Korea approved exports of Moderna Inc.’s COVID-19 vaccine produced by Samsung Biologics Co. in a move that will help the country’s...

Hyundai’s new Genesis G90: Epitome of luxury design identity

Hyundai’s new Genesis G90: Epitome of luxury design identity

After an exterior peek of its new Genesis sedan G90 last month, Hyundai Motor Co. on Tuesday fully unveiled the flagship luxury model, its first mod...

Robotics shares climb on back of Samsung interest

Robotics shares climb on back of Samsung interest

Shares of Korean robot makers jumped this week following a tech giant’s decision to extend resources on its robotics department. Invest...

Samsung to produce STMicro's MCUs for use in iPhones

Samsung to produce STMicro's MCUs for use in iPhones

Samsung Electronics Co. has won a foundry order from Switzerland-based STMicroelectronics to produce microcontroller units (MCUs) for use in Apple I...

Winter is over? Samsung's Q3 chip sales beat Intel's

Winter is over? Samsung's Q3 chip sales beat Intel's

In August, a Morgan Stanley report on the semiconductor industry, “Winter is coming,” fueled debate on whether chip prices were peaking ...

Samsung launches merged set division as DX; robotics new growth driver

Samsung launches merged set division as DX; robotics new growth driver

Samsung Electronics Co. has officially launched its new set division, which combines its mobile and consumer electronics businesses into a single un...

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