Samsung gets $191 million profit valuation from investment in Rainbow Robotics

Samsung Electronics Co. is found to have earned 250 billion won ($191 million) in profit valuation from its investment made two months ago in Rainbo...

HD Hyundai forms S.Korea's first integrated carbon footprint team in shipbuilding

South Korea's HD Hyundai Co. has teamed up with domestic shipbuilders and classification societies to form the first integrated "carbon footprint" t...

Samsung denies claim of fake moon photo by premium smartphone model

Samsung Electronics Co. has denied that a photo of the moon in the night sky taken by its premium smartphone Galaxy S23 Ultra is fake, saying as soo...

Samsung Biologics to invest $1.5 bn for 5th CDMO factory

Samsung Biologics Co. is slated to inject 2 trillion won ($1.5 billion) to build its fifth plant in South Korea. It will be a fast follow-up investm...

Korea EV cell makers unveil new products to expand market

South Korea’s electric vehicle battery makers on Wednesday unveiled prototypes of new products, especially lithium iron phosphate (LFP) models...

Samsung raises Rainbow Robotics stake, eyes management control

Samsung Electronics Co. is looking to own a controlling stake in Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant h...

Hansol Paper develops eco-friendly packaging with Samsung Welstory

Hansol Paper Co., South Korea's largest general paper company, on Wednesday said it signed a business agreement with Samsung Welstory, a food and be...

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 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 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

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

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

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 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

“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

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 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

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

DB HiTek sees capacity utilization rate rise to 80%

South Korea's semiconductor foundry company DB HiTek Co. last month saw its capacity utilization rate rise to the mid-80% level thanks to rising dem...

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...

Korea's StoneBridge Ventures invests $91 mn in semiconductor, AI

South Korean venture capital investment firm StoneBridge Ventures Inc. announced on Thursday that it has invested a total of 120 billion won ($90.9 ...

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 ...

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 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 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 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

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