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...

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...

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...

Samsung says to overtake TSMC with efficient, right-time investment

Samsung Electronics Co. will make efficient and right-time investments to achieve economies of scale so that the world's largest memory chipmaker wi...

Samsung replaces Huawei in Canada as SaskTel’s 5G supplier

Samsung Electronics Co. has been selected as the sole vendor to supply 5G network equipment and solutions to Canadian telecom company SaskTel, based...

Samsung to ramp up EUV scanners to take on foundry leader TSMC

In the semiconductor industry, having cutting-edge equipment to produce advanced chips is crucial to chipmakers' survival, particularly foundries th...

Samsung, SK Hynix at crossroads, challenged by underdogs

South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are at a crossroads, challenged by smaller rivals such as Micron Te...

Shares of Samsung, Hynix subdued amid foreign selling spree

Foreign investors, the dominant players on the Korean bourse, are dumping leading chipmakers such Samsung Electronics Co. and SK Hynix Inc., keeping...

Samsung launches QLED TVs, aims to retain global leadership for 16th year

Samsung Electronics Co., the world’s largest TV maker, has launched new flashy flagship TV models, with which the tech giant aims to retain it...

Korean insurers may write down $1.1 bn in global alternatives

South Korea’s 36 insurance companies have invested a combined 70 trillion won ($63 billion) in overseas alternative investments as of the end ...

Samsung Elec may advance start of leading-edge foundry line to July

Samsung Electronics Co., a leading global foundry chipmaker, may begin operation of its leading-edge chip fabrication line earlier than scheduled to...

Samsung creates big data center under direct CEO control

Samsung Electronics Co. has launched a Big Data Center in a move to improve the use of big data in the development, marketing and sales of smartphon...

Samsung to maintain BOD to stabilize organization

Samsung Electronics Co. has decided to maintain its current board of directors in a move to stabilize the organization that has been in an uproar si...

Global folding screen market to explode as Samsung set to supply to China

Samsung Display Co., a leading South Korean display panel maker, will supply foldable displays to select smartphone makers in China amid industry fo...

Samsung investors fret over stock’s fall as analysts see further gains

For retail investors of Samsung Electronics Co., the stock’s recent drop is reminiscent of the 2018 crash, when individuals who snapped up the...

Korea Post names new CIOs of savings, insurance arms

Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...

Samsung mulls $17 billion Austin chip plant, seeks tax breaks

Samsung Electronics Co. is seeking tax breaks of $805.5 million from the US state of Texas in return for a new $17 billion chip plant, which the Sou...

Samsung hunts for top talent amid chip industry hiring war

Semiconductor giant Samsung Electronics Co. is looking for top talent amid an industry-wide push to recruit high-skilled workers to capitalize on th...

Samsung on lookout for M&As; auto chipmakers among prime targets

Samsung Electronics Co., sitting on a cash pile of more than 100 trillion won ($90 billion), is actively pursuing mergers and acquisitions, with som...

Samsung says fully ready for M&As; silent on US foundry plant

Samsung Electronics Co. is well-geared up to chase M&A deals and expand its facilities over the next three years to make full use of its cash ho...

Samsung to pay record dividends, more through 2023; Q4 profit jumps

Samsung Electronics Co. has announced that it will pay record-high dividends to its shareholders this year and raise dividends further in coming yea...

Samsung Biologics’ focused approach pays off in 2020

Samsung Biologics Co. delivered forecast-beating earnings this week, with its sales topping 1 trillion won ($905 million) for the first time in its ...

Samsung remains tight-lipped on new US chip plant reports

Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...

Samsung wins Intel foundry order; TSMC takes GPU deal

Samsung Electronics Co. has clinched its first order from Intel Corp. to manufacture Intel-designed chips, as the world’s top memory chipmaker...

Samsung, Hynix in intensifying competition for solid-state drives

Samsung Electronics Co. and SK Hynix Inc. are unveiling a series of new solid-state drives (SSDs) to grab a greater share of the intensifying global...

Samsung heir sentenced to 2.5 years in jail for bribery

Samsung Electronics Co. Vice Chairman and de-facto leader Jay Y. Lee was on Jan. 18 sentenced to two and a half years in prison on bribery and embez...

Samsung, LG vie for top spot as premium TV players at CES 2021

Samsung Electronics Co. and LG Electronics Inc., the world’s two largest TV makers, are showcasing a series of new models at the world’s...

Seoul to offer $3 bn credit insurance on Saudi's megaprojects

Korea Trade Insurance Corp. (K-Sure) has agreed to provide $3 billion in trade credit insurance to Saudi Arabia to help South Korean companies win o...

Samsung flags decent Q4 earnings growth, misses estimates on KRW, Apple

South Korea’s tech giant Samsung Electronics Co. has flagged that its fourth-quarter operating profit likely rose by nearly a third from a yea...

Samsung, other foundry players at full capacity as chip orders surge

Samsung Electronics Co. and other global foundry players are running their plants at full capacity as makers of cars and electronic devices compete ...