Samsung Tech Day 2023
Scope
Date
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Korean startups
Food tech startup Sir.LOIN seeks Series B funding; valuation to top $40mn
South Korea-based food tech company Sir.LOIN Inc. is seeking Series B funding in the range of 10 billion won as industry watchers project the startu...
May 06, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung sharpens DRAM marketing prowess vs Micron
During Samsung Electronics Co.'s first-quarter conference call with analysts on Apr. 26, UBS analyst Nicolas Gaudois asked about the South Korean ch...
May 05, 2021 (Gmt+09:00)
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Korean startups
Ad tech firm Moloco joins unicorn club via Series C round
Moloco Inc., a data-driven advertising solutions firm, has concluded its Series C funding round, rendering the company a newcomer to the unicorn clu...
May 04, 2021 (Gmt+09:00)
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Samsung Group
Jay Y. Lee tightens grip on Samsung with increased stake in key affiliate
Jay Y. Lee, the heir of Samsung Group, has bolstered his grip on South Korea’s largest conglomerate by inheriting half his late father’s...
Apr 30, 2021 (Gmt+09:00)
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Samsung Group
Hong Ra-hee: Chief architect of Samsung Group’s art initiative
Samsung Group founder Lee Byung-chul was known to be one of the most avid collectors of Korean antiques. Among his vast collection of priceless cult...
Apr 30, 2021 (Gmt+09:00)
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IPOs
SK IE Tech IPO draws record-high demand; brokerage servers down briefly
SK IE Technology Co. (SKIET), the battery materials subsidiary of SK Innovation Co., has set a new record for initial public offering demand, briefl...
Apr 29, 2021 (Gmt+09:00)
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Earnings
Samsung reports highest Q1 revenue, expects chip rebound in Q2
Samsung Electronics Co. has recorded the highest first-quarter revenue figures in the company’s history, thanks to strong performances in its ...
Apr 29, 2021 (Gmt+09:00)
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Inheritance tax
Samsung heirs to donate nearly $3 bn in cash, art
The Samsung Group heirs announced on Wednesday their donation of 2 trillion won ($1.8 billion) worth of art from the collection they inherited from ...
Apr 28, 2021 (Gmt+09:00)
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Earnings
Samsung SDI Q1 sales at all-time high, says VW’s battery move long shot
Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, saw its first-quarter revenue profit jump on solid demand with its ...
Apr 27, 2021 (Gmt+09:00)
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Earnings
Samsung SDI Q1 sales at all-time high, says VW’s battery move long shot
Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, saw its first-quarter revenue profit jump on solid demand with its ...
Apr 27, 2021 (Gmt+09:00)
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IPOs
SK IE Technology’s IPO price set at top end; record demand at bookbuilding
The initial public offering price of South Korea’s SK IE Technology Co. has been set at the top end of the proposed band, reflecting a recor...
Apr 26, 2021 (Gmt+09:00)
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Industrial clean rooms
Wonbang Tech: S.Korea’s leading chip clean room company
The dew point is the temperature at which the air becomes saturated with water vapor. When cooled further below the point, the airborne water vapor ...
Apr 26, 2021 (Gmt+09:00)
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Korean stock market
Samsung Display sells back 35 million Corning shares for $1.6 billion
Samsung Display Co., South Korea’s largest display maker, is selling 35 million shares in Corning Inc. back to the US company for an estimated...
Apr 26, 2021 (Gmt+09:00)
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Energy
Hyundai Motor, BTS celebrate Earth Day with hydrogen campaign
South Korea’s top automaker Hyundai Motor Co. and global K-pop boyband sensation BTS have collaborated to urge people to protect the environ...
Apr 21, 2021 (Gmt+09:00)
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Mobile networks
Samsung unveils mid-band 5G equipment to target $9.9 bn US market
Samsung Electronics Co. has unveiled a range of fifth-generation wireless equipment solutions targeting the US mobile service market, expected to ac...
Apr 20, 2021 (Gmt+09:00)
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Korean chipmakers
Chip shortage worsens, keeps Samsung execs on edge
The global chip shortage, which began with declining supply of automotive chips, is crippling swaths of industries beyond the electronic devices sec...
Apr 19, 2021 (Gmt+09:00)
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Culture & Trends
Samsung heirs likely to donate over half of Lee's art collection
Samsung Group heirs, including Samsung Electronics Co. Vice Chairman Jay Y. Lee, have tentatively agreed to donate more than half of the late Lee Ku...
Apr 16, 2021 (Gmt+09:00)
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Electronics
Samsung develops ultra-small, high-capacity MLCC
Samsung Electro-Mechanics Co. has developed an ultra-small and high-performance multilayer ceramic capacitor (MLCC) for use in a wider range of el...
Apr 16, 2021 (Gmt+09:00)
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Batteries
POSCO to build S.Korea’s first lithium plant by 2023
South Korea’s leading steelmaker POSCO will build the country’s first lithium extraction factory in Gwangyang, 300 km south of Seoul, al...
Apr 15, 2021 (Gmt+09:00)
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Samsung Group
Banks keen to lend to Samsung heirs for inheritance tax
South Korean banks are queuing up to extend credit to Samsung Group's de-facto leader Jay Y. Lee and his family who are due to pay over 2 trillion w...
Apr 14, 2021 (Gmt+09:00)
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Batteries
Samsung SDI to supply cylindrical cells to Hyundai, Kia
Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is developing cylindrical lithium-ion batteries for Hyundai Motor C...
Apr 13, 2021 (Gmt+09:00)
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Archegos scandal
Ex-Samsung startup head's Archegos job ends after 3 mths
A former startup investment head of Samsung Electronics Co. has wrapped up his brief career in the asset management industry, following Archegos C...
Apr 12, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung walks tightrope on US investment; invited to White House talks
Samsung Electronics Co., the only South Korean company invited to a special White House meeting on the global semiconductor shortage, is likely to f...
Apr 12, 2021 (Gmt+09:00)
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IPOs
Samsung-backed semiconductor parts maker eyes IPO
MiCo Ceramics Ltd., a semiconductor equipment parts subsidiary of the industrial ceramics maker MiCo Co., is pushing forward with IPO preparations. ...
Apr 09, 2021 (Gmt+09:00)
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Earnings
Samsung, LG Elec deliver above-consensus Q1 earnings
Samsung Electronics Co. and LG Electronics Inc., the world's two largest TV makers, surprised the market on Wednesday with forecast-beating quarterl...
Apr 07, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy sets new global record with $2.5 bn order
South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion won ($2.5 billion), t...
Mar 26, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung widens lead over rivals with industry’s first advanced DDR5
Samsung Electronics Co. has extended its lead in memory chips over its rivals by unveiling the industry’s first 512 gigabyte DDR5 module based...
Mar 26, 2021 (Gmt+09:00)
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Korean chipmakers
Intel’s jump into foundry sets off alarm bells for Samsung, TSMC
Intel Corp.’s announcement on Tuesday that it will significantly expand its advanced chip manufacturing capacity and jump into the foundry bus...
Mar 24, 2021 (Gmt+09:00)
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Entertainment
KT to bolster content creation with $350 mn investment by 2023
South Korea’s telecom giant KT Corp. plans to expand its content business with an investment of 400 billion won ($353 million) by 2023. The co...
Mar 24, 2021 (Gmt+09:00)
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Pay raise
Pandemic polarizes pay between tech and non-tech firms
Last year's expansion of contactless technologies and services has created a new salary gap among key industries and companies in South Korea.  ...
Mar 21, 2021 (Gmt+09:00)
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