Korea's NPS taps Jun Ahn as real estate investment head
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, appointed Jun Ahn (Ahn Jun-sang) as its real estate inv...
Samsung to relocate packaging unit workplace to lure talent
Samsung Electronics Co., the world’s top memory chipmaker, is set to relocate its advanced packaging department’s workplace in South Kor...
IT device recovery to power Korean parts makers in 2024
Global sales of consumer information technology electronics such as smartphones, PCs and TVs are expected to rebound in 2024, fueling hopes of an ea...
Samsung C&T to join Oman's green ammonia project
South Korea’s Samsung C&T Corp. announced on Wednesday it will participate in the Salalah H2 green ammonia project in Oman, a major init...
ASML, Samsung to build R&D center in Korea for $760 mn
AMSTERDAM, Netherlands -- Samsung Electronics Co. and ASML Holding N.V. have reached a preliminary agreement to build a research and development fac...
Samsung launches new growth engine control tower at mobile division
Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower within its Digital eX...
Samsung SDI forms ASB commercialization team
South Korea’s Samsung SDI Co. formed a new team to promote the commercialization of the all-solid-state battery (ASB), the so-called “ba...
Palliser Capital urges Samsung C&T reform for $25 bn value-up
London-based hedge fund Palliser Capital said on Wednesday that Samsung C&T Corp. is 63% intrinsically undervalued and could increase its value ...
Samsung Galaxy S23 FE due in Korea; to premiere S24 model in January
Samsung Electronics Co., the world’s largest smartphone maker by volume, is launching the Galaxy S23 FE series – its latest fan edition ...
Hanwha to re-enter biopharma market, targeting biomaterials
South Korea’s Hanwha Group will re-enter the biopharmaceutical market to become the country’s sole producer of tris buffers, a key reage...
Korean shipbuilders slide to 2nd place after China in November orders
South Korean shipbuilders slid to second place in new shipbuilding orders last month, yielding the top spot back to their Chinese rivals.According t...
Global NAND chip sales up in Q3 amid Samsung output cut
Global sales of NAND flash chips slightly grew in the third quarter as industry leaders such as Samsung Electronics Co. cut output, a report showed ...
Samsung names new smartphone, TV platform head
Samsung Electronics Co. has promoted Kim Yong-soo, vice president and former Google and Oracle software expert, to lead its smartphone and TV platfo...
Chipmakers Samsung, SK Hynix among foreigners’ top picks in Korea
South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., were among foreign investors’ top picks on the country&...
EcoPro BM hits $34 billion jackpot to supply cathodes to Samsung SDI
EcoPro BM Co. has signed a 44 trillion won ($34 billion) to supply cathodes to Samsung SDI Co. for five years, deepening their alliance and betting ...
ITC launches probe into Samsung’s suit vs China’s BOE over OLED
The US International Trade Commission (ITC) has decided to launch an investigation into a complaint filed by South Korea’s Samsung Display Co....
IMM PE's value creation leads to $840 mn deal with BlackRock
When BlackRock bought a 30% stake in South Korean gas supplier AirFirst Co. for 1.1 trillion won ($842 million) from Seoul-based IMM Private Equit...
Samsung, SK Hynix expect high 2024 profits as memory market returns
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, expect to post decent chip profits next year as DRAM pri...
Samsung launches next-generation chip process development unit
Samsung Electronics Co., the world’s largest memory chipmaker, has launched a business unit tasked with developing next-generation chip proces...
Samsung Biologics reaches record-breaking annual orders
Samsung Biologics Co., the world’s top contract manufacturing organization (CMO) by capacity, surpassed the annual contract manufacturing orde...
Samsung’s Harman ups ante in home audio market with Roon
Harman International has taken over Roon Labs, the multi-device and multi-room audio technology company popular among audiophiles for its streaming ...
Samsung sets up future business planning unit, keeps co-CEO system
Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, is creating a new division tasked with working out future ...
Korean shipbuilders seek overseas yards for surging orders
South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to meet soaring demand across the world as they hav...
Samsung Engineering designs Sarawak green hydrogen project in Malaysia
Samsung Engineering Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Friday it has begun th...
S.Korea-UK upgrade bilateral ties, sign deals on nuclear plants, chips
LONDON – South Korea and the UK have agreed to upgrade their bilateral relationship and closely cooperate in the defense, security and busines...
Samsung to launch low-power, high-speed AI chips in 2024
Samsung Electronics Co. will launch low latency wide (LLW) DRAMs next year, designed to improve the power efficiency of artificial intelligence appl...
Samsung closer to fully connected smart home vision
Samsung Electronics Co. is pushing forward with its goal of offering connected and customized services for 1.4 billion smartphones, TVs and home app...
Samsung, LG lead global TV market in Q3 2023
Samsung Electronics Co. has retained the number one position in global TV market share, hitting a 30% mark in this year's third quarter, marking a p...
Semiconductors likely to lead Korea’s export growth for 2nd month
South Korea’s semiconductor exports accelerated their recovery in the first 20 days of November, data showed on Tuesday, adding to hopes that ...
Samsung Electronics to up AI chip foundry sales to 50% by 2028
Samsung Electronics Co. plans to up artificial intelligence chip foundry sales to about 50% of its total foundry sales in five years with its advanc...
