Samsung Heavy wins $495 million order for two LNG ships

 Samsung Heavy wins $495 million order for two LNG ships

Samsung Heavy Industries Co., a leading South Korean shipbuilder, said on Wednesday it has won a 609.7 billion won ($495 million) deal to build two ...

Samsung Display enjoys record profit on Apple iPhone 14

Samsung Display enjoys record profit on Apple iPhone 14

Samsung Display Co., South Korea’s top display maker, said its profit soared by a third to a record high as it supplied high-end products to A...

Samsung to showcase customized home appliances at KBIS 2023

Samsung to showcase customized home appliances at KBIS 2023

Samsung Electronics Co. will showcase its home appliance lineup that focuses on sustainability and personalized design at the 2023 Kitchen & Bat...

Samsung to advance solid-state battery output after record sales

Samsung to advance solid-state battery output after record sales

South Korea’s Samsung SDI Co. reported its largest-ever profit and revenue last year, which will drive its efforts to produce solid-state batt...

Tmap, Shinsegae I&C sign agreement for EV charging collaboration

Tmap, Shinsegae I&C sign agreement for EV charging collaboration

Tmap Mobility said on Monday that it has signed an agreement for the electric vehicle charging business with Shinsegae I&C, an IT service affili...

Samsung vows no chip output cut, eyes second-half demand recovery

Samsung vows no chip output cut, eyes second-half demand recovery

Samsung Electronics Co. said on Tuesday it has no plans to cut semiconductor production even if it incurs temporary losses as the world’s larg...

POSCO Chem, Samsung SDI ink $33 bn EV battery material deal

POSCO Chem, Samsung SDI ink $33 bn EV battery material deal

POSCO Chemical Co., a battery material unit of South Korea’s steel giant POSCO Holdings Inc., and Samsung SDI Co., the world’s No. 6 ele...

Samsung Electronics' life cycle assessment gauges CO2 emission impact from chips

Samsung Electronics' life cycle assessment gauges CO2 emission impact from chips

Samsung Electronics Co. on Monday said it set up a life cycle assessment (LCA) methodology for semiconductors to achieve carbon neutrality by 2050.T...

AI tech of Samsung Research recognized via machine translation award

AI tech of Samsung Research recognized via machine translation award

Samsung Research, the research and development (R&D) hub of Samsung Electronics Co., has proven its excellence in artificial intelligence-based ...

Samsung hires two ex-Ericsson executives to lead network business

Samsung hires two ex-Ericsson executives to lead network business

South Korea’s tech giant Samsung Electronics Co. has hired two former executives of Swedish telecom equipment maker Ericsson to boost its ne...

Samsung Electronics opens experience store in New Delhi

Samsung Electronics opens experience store in New Delhi

Samsung Electronics Co. said on Sunday that its Indian subsidiary Samsung India opened a large experience store in New Delhi’s main street Con...

Samsung Biologics’ profit near doubles on strong orders

Samsung Biologics’ profit near doubles on strong orders

Samsung Biologics Co., the world’s top contract drugmaker, said its profit almost doubled last year thanks to more orders as its sales surged ...

Samsung considers chip output cut as first-quarter loss looms large

Samsung considers chip output cut as first-quarter loss looms large

Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...

Samsung seeks to sell more smartphones in Southeast Asia

Samsung seeks to sell more smartphones in Southeast Asia

Southeast Asia is an attractive smartphone market for both heavyweights and mass-market players given the relatively large number of young people wh...

Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding

Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding

South Korea's retail property technology startup Sweet Spot attracted a Series B investment of 9.5 billion won ($7.7 million) from venture capital a...

Samsung launches 2023 wind-free air conditioner

Samsung launches 2023 wind-free air conditioner

South Korea's electronics giant Samsung Electronics Co. has released a lineup of new air conditioners that consume less energy.At the "New Air Solut...

NHN Cloud joins ranks of unicorns with $120 mn funding

NHN Cloud joins ranks of unicorns with $120 mn funding

NHN Cloud Co., a computer clouding service provider, has raised 150 billion won ($120 million) from South Korea-based IMM Investment, joining the ra...

Samsung Biologics CEO focuses on global business

Samsung Biologics CEO focuses on global business

John Rim, chief executive of Samsung BioLogics will directly lead his company's global sales operations for biopharmaceuticals through contract deve...

Samsung earns ISO 22301 certification for business continuity

Samsung earns ISO 22301 certification for business continuity

Samsung Electronics Co.'s device solutions division has achieved ISO 22301 certification, the international business continuity management system (B...

LG Innotek, Samsung Electro-Mechanics Q4 profit disappoint

LG Innotek, Samsung Electro-Mechanics Q4 profit disappoint

LG Innotek Co. and Samsung Electro-Mechanics Co., two major South Korean suppliers for Apple’s iPhone, on Wednesday reported more than a 60% p...

Korea’s Samsung C&T to build modular homes in Saudi Arabia

Korea’s Samsung C&T to build modular homes in Saudi Arabia

Samsung C&T Corp., the construction and trading arm of South Korea’s top conglomerate Samsung Group, is set to build modular homes in Saud...

Samsung's Galaxy S23 obtains Canstar Blue's Most Satisfied Customers award

Samsung's Galaxy S23 obtains Canstar Blue's Most Satisfied Customers award

Galaxy S23, the latest mobile handset of South Korea's electronics giant Samsung Electronics Co.,  obtained the Canstar Blue 2023 Most Satisfie...

Samsung Display unveils touch-enabled OLED laptop PC screen

Samsung Display unveils touch-enabled OLED laptop PC screen

A South Korean company has developed an OLED laptop PC display with a touch function like a smartphone screen without needing a separate film attach...

HSD Engine's order volume exceeds $162.1 million in one month

HSD Engine's order volume exceeds $162.1 million in one month

Growth in shipbuilding orders has greatly boosted the sales of manufacturers of related equipment such as ship engines. South Korea's HSD Engine, wh...

Samsung to drop A7 model as focus shifts to premium smartphones

Samsung to drop A7 model as focus shifts to premium smartphones

Samsung Electronics Co. is unlikely to release an A7 model this year as the South Korean tech giant is shifting its business focus to premium and lo...

Samsung demonstrates 5G network slicing on commercial networks

Samsung demonstrates 5G network slicing on commercial networks

South Korea's electronic giant Samsung Electronics Co. said on Friday that it has successfully verified its network slicing technology in a 5G stand...

Global smartphone shipments hit 10-year low in 2022

Global smartphone shipments hit 10-year low in 2022

Global smartphone shipments last year declined to their lowest level in 10 years, showing how consumers closed their wallets amid the economic downt...

Samsung Heavy, MISC to jointly develop floating CO2 storage units

Samsung Heavy, MISC to jointly develop floating CO2 storage units

South Korea's major shipbuilder Samsung Heavy Industries said on Thursday that it has signed an agreement with MISC Berhad, a Malaysian offshore ene...

Samsung touts Galaxy S23 Ultra smartphone as best of the best

Samsung touts Galaxy S23 Ultra smartphone as best of the best

Get ready for the best of the best, says Samsung Electronics Co.'s mobile business chief days before its Galaxy Unpacked 2023 event, where it plans ...

Samsung to open Galaxy Experience Spaces for Galaxy Unpacked

Samsung to open Galaxy Experience Spaces for Galaxy Unpacked

Samsung Electronics Co. will open 29 interactive Galaxy Experience Spaces in 24 locations in 19 countries, following the Galaxy Unpacked event to be...

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