South Korea eyes $261 billion chip cluster; Samsung takes lead

South Korea eyes $261 billion chip cluster; Samsung takes lead

South Korea said on Wednesday it will create the world’s largest semiconductor cluster near Seoul by attracting 340 trillion won ($261 billion...

Samsung SDS acquires Korea’s No. 1 procurement SCM company

Samsung SDS acquires Korea’s No. 1 procurement SCM company

Samsung SDS Co., the information technology service unit of South Korea's Samsung Group, has acquired a 33.39% stake in Emro Inc., Korea's top suppl...

Samsung Electronics establishes new LSI chip research center in Japan

Samsung Electronics establishes new LSI chip research center in Japan

Samsung Electronics Co. has established a new semiconductor research center in Japan, combining two existing research and development institutes int...

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

BEIJING – Samsung Group leader Jay Y. Lee plans to attend the China Development Forum later this month for the first time as the South Korean ...

Samsung SDI to showcase solid-state battery tech at InterBattery 2023

Samsung SDI to showcase solid-state battery tech at InterBattery 2023

South Korea's leading secondary battery maker Samsung SDI Co. has announced its participation in Korea's largest battery exhibition, InterBattery 20...

Samsung chief Lee vows bold investment to bolster chip R&D capabilities

Samsung chief Lee vows bold investment to bolster chip R&D capabilities

Samsung Electronics Co. Chairman Jay Y. Lee pledged another bold investment in the world’s largest memory chipmaker’s next-generation se...

Samsung suspends business with select software partner companies

Samsung suspends business with select software partner companies

Samsung Electronics Co. has recently “suspended transactions” with select software partner companies through regular auditing, with arou...

Samsung Electronics unveils new flagship soundbar

Samsung Electronics unveils new flagship soundbar

South Korean electronics giant Samsung Electronics Co. said on Monday that it has launched a new premium soundbar model for 2023, featuring technolo...

Samsung SDS to offer customized cloud services

Samsung SDS to offer customized cloud services

Samsung SDS Co. is ready to offer easy-to-use, customized cloud storage services to help its clients' digital transformation, its Chief Executive Hw...

Samsung Chairman Jay Y. Lee pledges more anonymous donations

Samsung Chairman Jay Y. Lee pledges more anonymous donations

“I want to actively participate in volunteer work but it isn't easy because my face is known.”Samsung Electronics Co. Chairman Jay Y. Le...

Korea to raise young chip engineers for Samsung, SK Hynix

Korea to raise young chip engineers for Samsung, SK Hynix

South Korea plans to nurture more youths specialized in semiconductors at high schools to ease the worsening shortage of high-skilled workers at d...

Samsung's Neo QLED selected as Best Gaming TV by Consumer Reports

Samsung's Neo QLED selected as Best Gaming TV by Consumer Reports

Samsung Electronics Co.'s Neo QLED was recently awarded "Best Gaming TV" by Consumer Reports, a leading American consumer magazine. The magazine tes...

Samsung, Arm partner Gaonchips eyes US as next offshore base

Samsung, Arm partner Gaonchips eyes US as next offshore base

Gaonchips Co., a long-term Samsung Electronics Co’s chip design house partner that also works with British fabless chip company Arm Inc., will...

System on chips: Samsung’s new high-stakes foundry business

System on chips: Samsung’s new high-stakes foundry business

Samsung Electronics Co. is setting its sights on system on chips (SoCs) to continue to drive growth in its foundry business amid a protracted slowdo...

LG ups ante to counter Samsung's OLED TV return; expects profit in Q1

LG ups ante to counter Samsung's OLED TV return; expects profit in Q1

LG Electronics Inc. has released its highest-ever number of new organic light-emitting diode (OLED) TV models in a bid to maintain its supremacy in ...

Hyundai eyes greater SUV market share with new Kona EV

Hyundai eyes greater SUV market share with new Kona EV

Hyundai Motor Co. on Tuesday unveiled the all-new Kona Electric, its first fully revamped compact sport utility vehicle in five years, as the top So...

Samsung reclaims world's top spot in chip sales: Omdia

Samsung reclaims world's top spot in chip sales: Omdia

Samsung Electronics Co. topped the global chipmakers with $67.1 billion in revenue last year, according to London-based tech research firm Omdia ear...

Samsung launches new TV ad campaign in London ahead of global release

Samsung launches new TV ad campaign in London ahead of global release

Samsung Electronics Co. is ramping up its marketing efforts for its latest line of high-end TVs, including the 2023 Neo QLED 8K model, with a giant ...

Samsung Bioepis launches ARMD biosimilar drug in Germany, Canada

Samsung Bioepis launches ARMD biosimilar drug in Germany, Canada

Samsung Bioepis Co., a South Korean biosimilar firm, announced on Sunday that it has recently launched a new biosimilar drug called SB11 for the tre...

Samsung SDI, GM to build $3.8 bn EV battery plant in US

Samsung SDI, GM to build $3.8 bn EV battery plant in US

Samsung SDI Co., the world’s No. 6 electric vehicle battery maker, is set to build a plant in the US with General Motors Co., spending about 5...

S.Korea kicks off privatization of top container line HMM

S.Korea kicks off privatization of top container line HMM

South Korea has started the process to privatize the country’s No. 1 container line HMM Co. by tapping advisors for the sale of the controllin...

Samsung’s DRAM market share rises amid industrywide revenue drop

Samsung’s DRAM market share rises amid industrywide revenue drop

Samsung Electronics Co., the world’s largest memory chipmaker, saw its DRAM market share rise in the fourth quarter of last year despite a sig...

Samsung SDI wins $95 mn EU aid for Hungary battery plant

Samsung SDI wins $95 mn EU aid for Hungary battery plant

Samsung SDI Co. has secured €89.6 million ($95 million) in subsidies from the European Union for its first electric vehicle battery plant in Hu...

Samsung Biologics bags $183 million CMO order from Pfizer

Samsung Biologics bags $183 million CMO order from Pfizer

Samsung Biologics Co., the world’s No. 1 contract drug maker in terms of production capacity, has won a $182.7 million contract manufacturing ...

S.Korea's Aekyung opens Luna brand store on Chinese TikTok

S.Korea's Aekyung opens Luna brand store on Chinese TikTok

Aekyung Industrial, a South Korean consumer products company, announced on Thursday the opening of a stand-alone brand shop for their make-up specia...

US CHIPS Act threatens Samsung, SK Hynix’s memory supremacy

US CHIPS Act threatens Samsung, SK Hynix’s memory supremacy

WASHINGTON D.C. – The Biden administration’s “Chips for America” program aims to keep China’s growing clout in the sem...

Samsung leader eyes solid-state batteries as future growth engine

Samsung leader eyes solid-state batteries as future growth engine

Samsung Group appears set to up its investment in solid-state batteries, a game changer in the electric vehicle sector, as South Korea’s top c...

Samsung Electro-Mechanics unveils chip substrate for autonomous driving

Samsung Electro-Mechanics unveils chip substrate for autonomous driving

Samsung Electro-Mechanics Co. has developed an advanced semiconductor substrate for autonomous driving, which is expected to drive the top South Kor...

Samsung, SK Hynix face cap on tech level of chips made in China

Samsung, SK Hynix face cap on tech level of chips made in China

WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...

Samsung introduces Neo QLED, OLED core technologies in Europe

Samsung introduces Neo QLED, OLED core technologies in Europe

Samsung Electronics Co. announced on Friday about hosting the 2023 European Tech Seminar in Frankfurt, Germany, for two days from the previous day.T...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale