S.Korea's NPS likely to log 8.2% loss for 2022, record-low return
South Korea’s National Pension Service (NPS) is expected to post a negative return of 8.2% for 2022, according to its preliminary report on Th...
Samsung Biologics bags $183 million CMO order from Pfizer
Samsung Biologics Co., the world’s No. 1 contract drug maker in terms of production capacity, has won a $182.7 million contract manufacturing ...
US CHIPS Act threatens Samsung, SK Hynix’s memory supremacy
WASHINGTON D.C. – The Biden administration’s “Chips for America” program aims to keep China’s growing clout in the sem...
Battery material maker EcoPro Materials eyes $2.3 billion IPO
EcoPro Materials Co., a unit of South Korea’s battery materials group EcoPro Group, is looking to list its shares on the country’s main ...
Samsung leader eyes solid-state batteries as future growth engine
Samsung Group appears set to up its investment in solid-state batteries, a game changer in the electric vehicle sector, as South Korea’s top c...
Samsung Electro-Mechanics unveils chip substrate for autonomous driving
Samsung Electro-Mechanics Co. has developed an advanced semiconductor substrate for autonomous driving, which is expected to drive the top South Kor...
Samsung, SK Hynix face cap on tech level of chips made in China
WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...
Samsung introduces Neo QLED, OLED core technologies in Europe
Samsung Electronics Co. announced on Friday about hosting the 2023 European Tech Seminar in Frankfurt, Germany, for two days from the previous day.T...
Samsung unveils new Exynos mobile chips for midrange smartphones
Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled a duo of new Exynos mobile application processor (AP) chips to pow...
Samsung opens 5G pilot network to 4th largest mobile carrier in US
Samsung Electronics Co. announced on Thursday that it has successfully completed the opening of a 5th-generation mobile communications (5G) pilot ne...
Samsung’s old textile mill transformed into idea accelerating lab
Samsung Electronics Co. has opened its first regional C-Lab Outside campus in Daegu – where its founder Lee Byung-chull started his first busi...
KT&G potential target of aggressive activist shareholder
KT&G Corp., the world’s fifth-largest tobacco maker, is likely to face a tougher battle against activist shareholders as an aggressive hed...
Samsung maintains No.1 position in global TV market
South Korea’s Samsung Electronics Co. maintained its No. 1 position in the global TV market in 2022, accounting for nearly 30% of TV sales, ac...
Samsung, LG ditch BOE in likely Apple deal for iPad Pro OLED panels
Samsung Display Co. and LG Display Co. will likely win orders from Apple Inc. to build organic light-emitting diode (OLED) displays for the US tech ...
Samsung eyes wider foundry client base with Ambarella deal
Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it will manufacture automotive chips for US chip designer Ambar...
Will CATL’s bargain sales hurt Korean EV battery makers?
China’s Contemporary Amperex Technology Co. (CATL), the leading global electric vehicle battery manufacturer, has started a price war in the w...
Kosdaq-listed Daebo Magnetic’s 46% stake up for sale, its shares swing
South Korea’s leading secondary battery equipment player Daebo Magnetic Co. is set to sell its owner family’s controlling stake of about...
S.Korea's Samsung C&T wins 2023 Asia Design Prize
On Monday, Samsung C&T Corp.'s construction division announced that Dongrae Raemian iPark in Busan, South Korea, a project in which it participa...
Samsung Electronics, Naver partner to create simple payment service
Samsung Electronics Co. and South Korea's Naver Financial have formed a simple payment service alliance in which users of Samsung Pay can make simpl...
Samsung ‘demanding customer’ for ASML as orders rise
VELDHOVEN, Netherlands – South Korea’s Samsung Electronics Co. is a “demanding customer” for the Netherlands-based ASML Hold...
Stock inflows to Korea slow on weak currency, valuation
A weaker South Korean currency and worries about valuation have deterred foreign investors’ appetite for local shares, casting expectations of...
HYBE not to raise tender offer price for SM Entertainment
HYBE Co., the label behind the world’s top boyband BTS, said it does not plan to raise its buying price for SM Entertainment Co., denting hope...
Samsung leader eyes memory chip packaging investment
Samsung Electronics Co., the world’s largest memory chipmaker, may accelerate investment in leading-edge technologies including chip packaging...
Samsung launches Galaxy S23 series in 55 markets worldwide
Samsung Electronics Co. announced on Friday the release of its latest flagship smartphone, the Galaxy S23 series, in 55 markets around the world, in...
Samsung’s TV business launches customer marketing team
South Korea’s tech giant Samsung Electronics Co. is putting into action an age-old mantra that reflects the importance of customers in its bus...
Samsung C&T to cancel $2.3 bn worth of treasury shares, stocks up
Samsung C&T Corp.’s share price zoomed on Thursday on news that the company will cancel its entire treasury stock holdings worth about 2.9...
Samsung develops world's first reusable air filter for harmful gases
Samsung Electronics Co., the South Korean electronics giant, has developed the world’s first filter that can remove both fine dust and harmful...
Samsung Elec launches motor HR development track with sci-tech school
Samsung Electronics Co. and Gwangju Institute of Science and Technology (GIST) will jointly develop human resources to advance motor technology, the...
Samsung secures $16 bn loan from display unit for chipmaking
South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, has signed a deal to take out a cash loan of 20 trillion won ($15...
LG Energy Solution tops global EV battery market excluding China
South Korea's LG Energy Solution Ltd. for the second straight year was No. 1 on the global market for electric vehicle (EV) batteries excluding Chin...
