Samsung’s Lee reinstated; big moves in store for top conglomerate
Lee Jae-yong, Samsung Group’s de facto leader, on Friday had his right to work restored, paving the way for big moves for South Korea’s ...
Exhibition: Samsung heir’s donation of Lee Jung-seob works
The late Samsung Group chairman Lee Kun-hee was an avid arts collector.Though the business magnate did not mention names, it was easy to guess who h...
Foldable smartphones will go mainstream at Samsung: Mobile chief
NEW YORK – Samsung Electronics Co. has vowed to make foldable smartphones its mainstream products in the high-end segment, setting its sales t...
Home decoration app O!House launches a beta version in Japan
“Even though different countries have varying living conditions, we all share the common goal of decorating our spaces,” Jay Lee, CEO of...
Samsung’s new foldables: High-stakes game changers in smartphones
Samsung Electronics Co. on Wednesday unveiled its fourth-generation foldable phones – new additions to its high-end line of Galaxy Z Fold and ...
Samsung Medical Center jobs global top 10 in robot-assisted surgeries
Samsung Medical Center announced Tuesday that it performed more than 15,000 robot-assisted operations in the first of this year. Last yea...
Megazone Cloud receives $343 mn from MBK, IMM PE in Series C funding
Megazone Cloud Corp., South Korea’s largest managed cloud service provider (MSP), has completed its Series C funding round with a combined 450...
K-bio firms embrace gene therapy CDMO as Samsung looks the other way
South Korea’s major biopharmaceutical companies are rapidly embracing the cell and gene therapy business under a contract drug-making mechanis...
Broadcom applies for consent order on unfair deals with Samsung
US chipmaker Broadcom Inc. applied for a consent order to the Korea Fair Trade Commission (KFT) in July against allegations that it forced Samsung E...
SK Hynix unveils world's first 238-layer NAND; Samsung SSD 20 times faster
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are set to overtake their rivals in the industry’s...
S.Korea edges closer to joining US-led chip alliance
August could mark a turning point for South Korea’s semiconductor industry.The country has been keeping tight-lipped on whether or not to join...
Samsung Elec. plans unmanned factories on manpower shortage
Samsung Electronics Co., the world’s top memory chipmaker, is seeking unmanned factories in a move that other major South Korean manufacturers...
Samsung SDI in talks with multiple carmakers for 4680 type battery supply
Samsung SDI Co., a major South Korean battery maker, said on Friday that it is in talks with multiple automakers around the world to supply a next-g...
Zigbang completes Samsung SDS home IoT takeover
Zigbang, a South Korean proptech startup that provides real estate search and transaction services, has completed the acquisition of Samsung SDS Co....
Chips, forex gains shore up Samsung's Q2 earnings
Samsung Electronics Co.’s second-quarter earnings remained steady compared to three months before, with robust memory chip sales for data cent...
Samsung to ramp up hiring for foundry business
South Korea's Samsung Electronics Co. plans to sharply increase the number of local employees in its semiconductor division this year to address tal...
Samsung Elec. celebrates world's first shipment of 3-nanometer chips
Samsung Electronics Co. held a ceremony on Monday to celebrate its first shipment of 3-nanometer semiconductor chips, notching its lead in the race ...
Samsung presents Texas with $200 bn chip investment plan proposition
Samsung Electronics Co., the world’s top memory chipmaker, has presented a tax break proposal to the State of Texas as part of its plan to inv...
Samsung develops next-generation data storage device
Samsung Electronics Co. on Thursday unveiled an upgraded data storage device that significantly reduces the computer processing time and energy cons...
Online study assistant operator Bebridge receives $1.9 mn in pre-Series A
South Korean startup Bebridge Inc. announced Thursday it raised 2.5 billion won ($1.9 million) in pre-Series A round from Magna Investment, Bluepoin...
Samsung SDI to build new battery plant in Malaysia by 2025
South Korea’s battery manufacturer Samsung SDI Co. held a groundbreaking ceremony for Plant 2 to make cylindrical batteries in Seremban, Mal...
Warehouse robotics maker Floatic raises $2.6 million in pre-Series A
Warehouse automation startup Floatic Robotics wrapped up its pre-Series A round with 3.4 billion won ($2.6 million). The Seoul-based company is...
Naver's Kream buys stake in Malaysian resale platform
Kream, the resale platform of South Korea’s online portal Naver Corp., has agreed to buy a stake in Malaysia’s biggest sneaker resale co...
Samsung Biologics to double CDMO capacity with new plants worth $5.3 bn
Samsung Biologics Co., the world’s largest contract drugmaker, plans to double its manufacturing capacity by building four additional plants w...
Samsung Bioepis sees greater market for Byooviz eye disease biosimilar
NEW YORK – Samsung Bioepis Co., a biopharmaceutical unit of South Korea’s top conglomerate Samsung, is one step ahead of its rivals in t...
Samsung develops world’s fastest graphics DRAM chip
Samsung Electronics Co. on Thursday unveiled a sample of the industry’s fastest graphics DRAM, designed to significantly advance the graphics ...
Samsung Engineering wins $680 mn gas plant project in Malaysia
Samsung Engineering Co. has won a $680 million gas plant construction order in Malaysia from UK-headquartered energy giant Shell plc’s subsidi...
Samsung Elec. showcases virtual playground on Roblox
Samsung Electronics Co. unveiled a virtual playground within Roblox, the world’s top metaverse game platform with 54 million users a day, as t...
Korean firms eye alternative assets for safer investments, survey finds
South Korean corporates are increasingly eyeing alternative assets seeking downside protection amid interest rate hikes and equity and bond price dr...
Samsung Elec. to launch Korea's first dual SIM smartphones in August
Samsung Electronics Co. is slated to enable embedded subscriber identity modules (eSIMs) into its new foldable smartphones available in South Korea ...
