Samsung tightens belt to gird for worsening economic conditions

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, is drastically cutting costs while maintaining investments in f...

Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women

Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...

Microdisplays poised to emerge in growing XR market

The slowly growing extended reality (XR) market next year is expected to explode as global big tech companies get ready to launch augmented (AR) and v...

Samsung’s Lee visits UAE nuclear plant project on first trip as chairman

Samsung Group leader Jay Y. Lee is in Abu Dhabi to meet with businesspeople and politicians and tour the Barakah nuclear power plant project in the ...

Cosmax NBT develops hangover cure ingredient

Cosmax NBT, Inc., Korea's functional health food maker affiliated with the same-name original cosmetics design manufacturer, said on Tuesday that it...

Samsung Heavy sells drillship to Italian offshore drilling company

Samsung Heavy Industries said on Tuesday in a regulatory filing that it has sold a drillship to Saipem, an Italian offshore drilling company, for 29...

Kia to produce flagship EV9 at Georgia plant in US from 2024

Kia Corp., South Korea’s second-largest automaker, will manufacture the EV9, its large flagship electric SUV, at its plant in the US state of ...

Lotte Chem, Air Liquide Korea launch JV for hydrogen business

South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide SA, announced on Tue...

Samsung, Naver agree to partner in developing next-gen AI semiconductor solutions

Samsung Electronics Co. and Naver Corp. have agreed to cooperate in developing next-generation AI semiconductor solutions optimized for artificial i...

Samsung Elec names first female president under Chairman Jay Y. Lee

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, has carried out its year-end executive reshuffle, marked by its...

LG Energy, GM to inject another $275 mn in Tennessee plant

South Korean battery maker LG Energy Solution Ltd. and General Motors Co. plan to inject an additional $275 million in a US electric vehicle battery...

Korea Semiconductor Academy launched to nurture field workers

The Korea Semiconductor Academy was established Thursday with former SK Hynix CEO Seok-hee Lee at its helm.The launch ceremony was held at the Korea...

Samsung Galaxy S23 likely to adopt unbreakable smartphone screen glass

A smartphone cover glass that does not break even when dropped from a height of 1 meter onto a concrete floor has been newly developed. Corning Inc....

Samsung Electronics acquires two global cloud security certifications

Samsung Electronics Co. acquired two international certificates regarding cloud security, ISO 27001 and ISO 27017.South Korea's electronics giant an...

Samsung Foundry: Driving force behind digital transformation

As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...

Hyundai, Daewoo sign Turkmenistan fertilizer plant deals

South Korea’s Hyundai Engineering Co. and Daewoo Engineering & Construction Co. are likely to win orders to build fertilizer plants in Tur...

Samsung Elec expands 5G network solution supply to NTT Docomo

Samsung Electronics Co. is expanding its presence in Japan’s telecommunications market with a supply of 5G network equipment to NTT Docomo Inc...

Shell-First: Samsung Foundry’s custom-tailored new operation strategy

As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...

Biden hails SK Siltron’s investment in Michigan as 'game changer'

BAY CITY, Michigan – For the first time since taking office, United States President Joe Biden toured a US subsidiary of South Korean conglome...

Samsung Elec showcases new high-performance graphics DRAM

Samsung Electronics Co., the world’s top memory chipmaker, unveiled a next-generation graphics DRAM to meet growing demand for high-performanc...

Samsung sets sights on GAA tech to overtake TSMC in foundry

As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...

Hyundai Engineering completes Long Son plant project in Vietnam

South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...

SK picglobal builds DPG-only production facility 

SK picglobal, a joint venture between SKC's chemical division and a subsidiary of the Kuwait Petroleum Corporation (KPC) named PIC, have built a pla...

Hyundai Mobis to use self-running robots at Ulsan plant

Hyundai Mobis on Sunday said it will develop mobile robots usable at manufacturing sites and logistics hubs as well as a related logistics system ...

Hanwha, DL Chemical to split up two-decade-old YNCC joint venture

Yeochun NCC Co., a leading South Korean petrochemical producer, will split up after its two owners – Hanwha Group and DL Group – have ag...

Hyundai, SK to build $1.9 bn EV battery plant in US

Hyundai Motor Group, South Korea’s top automaker, and SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, will b...

SK On, EcoPro, China’s GEM to build battery materials plant in Indonesia

SK On Co., a South Korean electric vehicle (EV) battery maker, has joined forces with two energy materials companies to build a nickel intermediate ...

Samsung Engineering wins Project of the Year awards from MEED

Samsung Engineering Co., the construction unit of South Korea’s top conglomerate Samsung Group, said on Thursday it has won three Project of t...

Samsung Heavy succeeds in autonomous navigation system demonstration 

Samsung Heavy Industries Co. announced on Thursday that it successfully completed the demonstration of its autonomous navigation capabilities in the...

Korea's SK Inc. revs up power semiconductor value chains via M&As

SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is ramping up its value chain of third-generation semicondu...