Samsung shareholder value
Scope
Date
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Bio & Pharma
Samsung Biologics signs ADC CDO deal with LegoChem Bio
Samsung Biologics Co. has agreed with South Korean biotech company LegoChem Biosciences Inc. to provide contract development organization (CDO) serv...
Feb 07, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $3.45 bn order for 15 LNG carriers
South Korea’s shipbuilder Samsung Heavy Industries Co. announced on Wednesday that it has won a $3.45 billion order for 15 units of liquefie...
Feb 07, 2024 (Gmt+09:00)
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Leadership & Management
Jay Y. Lee heads to Middle East, Malaysia for next Samsung takeoff
Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to the Middle East in his first overseas trip since a South Korean court...
Feb 06, 2024 (Gmt+09:00)
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Batteries
GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs
General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...
Feb 06, 2024 (Gmt+09:00)
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Leadership & Management
Samsung’s Lee to spur M&As, new growth with ‘lost decade’ behind him
Cleared of wrongdoing charges that shackled his leadership for years, Samsung Group leader Jay Y. Lee now will actively seek mergers and acquisition...
Feb 05, 2024 (Gmt+09:00)
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Leadership & Management
Samsung’s Lee cleared of charges over Samsung C&T merger
The Seoul Central District Court on Monday acquitted Samsung Electronics Co. Chairman Jay Y. Lee of charges of being involved in illegal activities ...
Feb 05, 2024 (Gmt+09:00)
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Carbon neutrality
Samsung gets global carbon reduction certification for TV
Samsung Electronics Co. announced on Monday that its eight product series in 2024 Neo QLED 4K and 8K, OLED, and The Frame lineups have received th...
Feb 05, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Korean vegan makeup brand Dear Dahlia on the market
Dear Dahlia, a South Korean vegan makeup brand that operates around 300 stores across the globe, has been put on for sale for more than 100 billion ...
Feb 02, 2024 (Gmt+09:00)
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Construction
Samsung C&T, Hyundai E&C see higher profits in 2023 on overseas projects
Samsung C&T Corp.'s construction unit and Hyundai Engineering & Construction Co. stood out with increased profits last year on overseas proj...
Feb 02, 2024 (Gmt+09:00)
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Fashion
Samsung’s fashion unit logs record profit again in 2023
Samsung Group’s fashion unit posted record profit and revenue for the second straight year in 2023. The fashion division, which logged deficit...
Feb 01, 2024 (Gmt+09:00)
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Infrastructure
Digital assets emerge as Korean LPs' No. 1 infrastructure target
Digital infrastructure, such as data centers, towers and smart meters, will be the hottest infrastructure asset this year for South Korean limited par...
Jan 31, 2024 (Gmt+09:00)
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Earnings
Samsung offers upbeat 2024 outlook on chip recovery
Samsung Electronics Co., the world’s top memory chipmaker, on Wednesday offered an upbeat outlook for the semiconductor industry on recovering...
Jan 31, 2024 (Gmt+09:00)
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Corporate restructuring
UBS, Citigroup to handle sale of KKR’s JV with Korean builder
UBS Group AG and Citigroup Global Markets Inc. are set to manage the sale of a joint venture between global private equity giant KKR Co. Inc. and ai...
Jan 30, 2024 (Gmt+09:00)
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Korean chipmakers
Rebellions raises $124 mn to co-develop AI chip with Samsung
South Korean fabless artificial intelligence chip startup Rebellions Inc.’s plan to co-develop the next-generation AI chip with the world&rsqu...
Jan 30, 2024 (Gmt+09:00)
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Korean chipmakers
No annual bonuses for Samsung chip unit due to loss
Samsung Electronics Co., the world’s top memory chipmaker, decided not to pay annual bonuses to staff of its semiconductor business due to the...
Jan 30, 2024 (Gmt+09:00)
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Electronics
Baidu’s AI Ernie to power Samsung Galaxy S24 in China
Samsung Electronics Co.'s latest smartphone series Galaxy S24 to be released in China will feature Baidu Inc.’s Ernie Bot artificial intellige...
Jan 29, 2024 (Gmt+09:00)
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Electronics
Samsung Galaxy S24: A success story even before hitting the shelves
Samsung Electronics Co.'s latest flagship smartphone series, the Galaxy S24, is enjoying strong demand even before hitting the shelves of the compan...
Jan 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis sees record high performance in 2023
South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts maker, reported on Friday that its revenue was 59.25 trillion won ($44...
Jan 26, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung flexes AI chip muscles ahead of Altman visit
Samsung Electronics Co. will go all out to win the AI chip race with its most advanced AI memory chip products, its semiconductor business head said...
Jan 25, 2024 (Gmt+09:00)
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Earnings
Hyundai Motor, Kia: S.Korea’s highest earners, Tesla’s biggest rival in US
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, became the country’s highest earners in 2023, buoyed by robust sa...
Jan 25, 2024 (Gmt+09:00)
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Electronics
Samsung opens premium experience store in Mumbai
Samsung Electronics Co. announced on Tuesday that it opened a flagship premium experience store Samsung BKC in Mumbai, India. Samsung BKC, spread ac...
Jan 24, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung’s new 990 EVO SSD ideal for everyday use, more demanding work
Samsung Electronics Co., the world’s largest memory chipmaker, on Wednesday announced a new addition to its consumer solid-state drive (SSD) l...
Jan 24, 2024 (Gmt+09:00)
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Electronics
Samsung Galaxy S24 sees record Indian pre-orders in three days
Samsung Electronics Co., the world’s No. 2 smartphone maker, said its latest flagship smartphone Galaxy S24 series enjoyed record pre-orders i...
Jan 23, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung’s AP chip Exynos turns from ugly duckling to golden swan
Samsung Electronics Co. has bittersweet memories of its Exynos chip – an in-house application processor (AP) referred to as the brain of mobil...
Jan 22, 2024 (Gmt+09:00)
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Webtoons
Piccoma sees record transaction value in Japan on K-webtoons
Piccoma, a Japanese digital comics app, enjoyed its largest-ever transaction value last year in the home of manga, thanks to the growing popularity ...
Jan 22, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea’s LS Group wins regulatory nod for securities biz
South Korea’s electrics components-to-energy conglomerate LS Group is set to start the securities business as it secured regulatory approval t...
Jan 18, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung AI features on 100 mn Galaxy phones by year-end: mobile chief
SAN JOSE, Calif. – Samsung Electronics Co., said on Wednesday it aims to have at least 100 million units of its flagship Galaxy line of smartp...
Jan 18, 2024 (Gmt+09:00)
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Electronics
Samsung Galaxy S24 heralds dawning of AI smartphone era
SAN JOSE, Calif. – Samsung Electronics Co. on Wednesday unveiled its latest flagship smartphone Galaxy S24 series, which it calls an “AI...
Jan 18, 2024 (Gmt+09:00)
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Regulations
S.Korea to scrap capital gains taxes on financial products
South Korea will scrap a plan to impose taxes on capital gains from financial products for all shareholders and further lower securities transaction...
Jan 17, 2024 (Gmt+09:00)
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Pension funds
NPS picks tech, electronics as its favorite local stocks in 2023
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, picked information tech, electric and electronic s...
Jan 17, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet