LG CNS chosen design consultant for Indonesia's $38 bn smart city project

LG CNS chosen design consultant for Indonesia's $38 bn smart city project

LG CNS Co., a South Korean major information technology service provider, is set to consult on the design of an Indonesian smart city project worth ...

K-bio firms embrace gene therapy CDMO as Samsung looks the other way

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

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

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

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 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 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 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....

Hyundai Doosan Infracore declares 1st cash dividend in 14 years

Hyundai Doosan Infracore declares 1st cash dividend in 14 years

Hyundai Doosan Infracore Co., a South Korean construction equipment company, will pay dividends to its shareholders for the first time in 14 years.A...

Chips, forex gains shore up Samsung's Q2 earnings

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

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...

South Korea arms exports triple; rises to 8th-largest exporter

South Korea arms exports triple; rises to 8th-largest exporter

 South Korea has become the world’s eighth-largest arms exporter, with its exports rising threefold – the fastest pace among the wo...

Samsung Elec. celebrates world's first shipment of 3-nanometer chips 

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 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 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...

Samsung SDI to build new battery plant in Malaysia by 2025

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...

Samsung Biologics to double CDMO capacity with new plants worth $5.3 bn

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

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...

LG Uplus aims to recycle 100% of industrial waste in 3 years

LG Uplus aims to recycle 100% of industrial waste in 3 years

LG Uplus Corp. announced it will recycle 100% of industrial waste from its plants by 2025.The mobile network arm of LG Corp. published a report titl...

LG stands out among conglomerates in race to strengthen robotics arms

LG stands out among conglomerates in race to strengthen robotics arms

South Korean conglomerates are rushing to nurture their robotics businesses, encouraged by surging demand for robots in the service industry.LG Elec...

Samsung develops world’s fastest graphics DRAM chip

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 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 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...

Hyundai Motor to build 1st Korea plant in 29 years

Hyundai Motor to build 1st Korea plant in 29 years

Hyundai Motor Co., South Korea’s top automaker, is set to build a domestic electric vehicle plant in its first local production investment i...

Korean firms eye alternative assets for safer investments, survey finds

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 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 ...

Celltrion, Samsung Biologics eye record-high annual sales

Celltrion, Samsung Biologics eye record-high annual sales

South Korea’s two major biopharmaceutical companies, Celltrion Inc. and Samsung Biologics Co., are respectively expecting more than 2 trillion...

Blockchain game developer Planetarium Labs raises $32 mn 

Blockchain game developer Planetarium Labs raises $32 mn 

Planetarium Labs raised $32 million in a Series A funding round, led by Animoca Brands, and joined by Samsung Next, WeMade, and Krust Universe.The s...

Samsung Elec's Q2 earnings signal end of upward run

Samsung Elec's Q2 earnings signal end of upward run

Samsung Electronics Co. on Thursday estimated that its second-quarter operating profit and sales edged down from three months before, reversing its ...

Hyundai E&C, Samsung Eng. partner with Saudi Aramco

Hyundai E&C, Samsung Eng. partner with Saudi Aramco

South Korea’s Hyundai Engineering & Construction (Hyundai E&C) Co. and Samsung Engineering Co. were selected as official partners of N...

Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial