Yoon, Biden highlight 'economic security alliance' following Samsung tour

South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...

Korea may be backpedaling in semiconductor push: Lawmaker

A sudden surge in demand for semiconductors post-pandemic, coupled with a prolonged chip shortage, has forced policymakers worldwide to revisit poli...

Korea’s Iljin to build $391 mn battery materials plant in Spain

South Korea’s Iljin Materials Co. plans to invest 500 billion won ($391.2 million) in a battery materials plant in Spain, its first production...

Samsung to make mobile AP chip dedicated to Galaxy smartphones

Samsung Electronics Co. is working on a mobile application processor chip, which will be used exclusively for its flagship Galaxy smartphone series ...

KB Asset buys Belgian office towers for $654 million

KB Asset Management Co., the investment arm of KB Financial Group in South Korea, said on Friday it has completed a 100% acquisition of North Galaxy...

Korea's top real estate managers bulk up assets in COVID-19

Real estate funds in South Korea have increased by 27% to 130 trillion won ($101.4 billion) from 102 trillion won over the past two years, accordi...

Lotte to buy BMS' biologics plant in Syracuse for $160 mn

South Korea's Lotte Group has agreed to buy Bristol Myers Squibb's (BMS) biologics plant in Syracuse in the state of New York for $160 million, the ...

SK On to build $2.3 bn EV battery plant for Hyundai in US

SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, plans to build a new US factory to supply batteries to a planned E...

Samsung SDS takes smart logistics platform Cello Square to China

Samsung SDS Co., the information technology service unit of Samsung Group, is taking its smart logistics platform, Cello Square, to China to offer l...

Samsung to join NuScale's SMR nuclear plant projects

South Korea's Samsung C&T Corp. will make its foray into the small modular reactor (SMR) market by joining the US-based NuScale Power in buildin...

Time for Samsung to get another Fukuda Report

Eight years ago today, the late Samsung Group leader Lee Kun-hee collapsed at his home following a heart attack, a harbinger of doom six years later...

Hyundai likely to unveil US EV plant plans in May

Hyundai Motor Co. is preparing to announce a plan to build its first electric vehicle plant in the US, a source familiar with the matter said on Mon...

Korea losing ground in semiconductor talent development

South Korea, home to the world’s top two memory chipmakers, is losing ground for talent development in the semiconductor sector as fewer profe...

Samsung Elec. proposes global research for 6G frequencies

Samsung Electronics Co., South Korea’s tech behemoth, has put forward global research on 6G service frequencies as it aims to take the lead in...

Hyundai Motor to build LNG plant to power its factories

Hyundai Motor Co. plans to build a liquefied natural gas-fueled power plant to secure a stable supply of electricity for its factories and embrace t...

Samsung, SK Hynix scramble for talent amid a lack government support

Samsung Electronics Co. and SK Hynix Inc., the world’s top memory chipmakers, are scrambling for semiconductor manpower in South Korea as the ...

Two unopened ways Samsung Elec. bolsters share prices

Samsung Electronics Co., South Korea’s largest company by market capitalization, has tried to boost its recently battered share price -- espec...

Samsung wins US 5G equipment order from Dish Network

Samsung Electronics Co. has been chosen to supply 5G network equipment to Dish Network Corp., a US wireless carrier in the middle of building a 5G n...

Korea’s new govt. aims to export 10 nuclear power plants

South Korea’s incoming administration seeks to export 10 nuclear power plants by 2030 as President-elect Yoon Suk-yeol pledged to rescind the ...

Nongshim eyes top spot in global instant noodle market

South Korea’s No. 1 noodle maker Nongshim Co. is aiming for top place in the world’s instant noodle market, looking to beat the current ...

Can Samsung Electronics ever catch up to foundry leader TSMC?

For years, Samsung Electronics Co. has been touted as the backbone of the South Korean economy, Asia’s fourth-largest, under the government&rs...

Why Samsung is so far behind Apple

In October 2012, US tech giant Apple Inc. fired Dominique Oh, the head of its South Korean unit. This was due to Apple's sluggish sales in the home ...

Samsung Electronics shares rebound as foreigners turn net buyers

Shares of Samsung Electronics Co., the largest stock on South Korea’s main bourse, rose strongly on Friday, snapping a five-day losing streak,...

Samsung Asset to list blockchain ETF on Hong Kong Exchange

Samsung Asset Management Co. is slated to list a blockchain exchange-traded fund on the Hong Kong Exchange (HKEX) in the first half of this year, th...

Samsung’s stock underlines cloudy outlook despite record Q1

Shares of Samsung Electronics Co. fell to a fresh 52-week low on Thursday despite posting record sales for the third consecutive quarter as investor...

LX International’s value soars on cryptocurrency, GAM mine in Indonesia

LX International Corp., the trading unit of South Korea’s LX Group, has seen its enterprise value rise by two-thirds over the past three month...

SK buys power semiconductor maker for EV chip business

SK Group, South Korea’s third-largest conglomerate, has geared up its electric vehicle chip business development with the acquisition of a loc...

Korea’s LX Group seeks to acquire Magnachip Semiconductor

South Korea’s LX Group is looking to acquire US-listed Magnachip Semiconductor Corp. to create synergy with the group’s foundry affiliat...

SeAH to supply steel pipes for LNG export base in Qatar via Samsung

  SeAH Steel Corp., the largest steel pipe manufacturer in South Korea, signed a contract on April 25 to offer Samsung C&T Corp. its stain...

LG Electronics establishes hiring-guaranteed AI department at Yonsei

LG Electronics Inc. is poised to set up a new department at Seoul-based Yonsei University to train aspiring artificial intelligence engineers. ...