Samsung's cash reserves dwindle on increased R&D, other investments

Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the ...

Samsung Elec unveils solution for stable 5G voice calls

Samsung Electronics Co., the world’s top smartphone maker, has developed a software solution for more stable 5G voice calls in a move to incre...

Samsung, ARM chip design partner Gaonchips eyes IPO in 2022

South Korea’s leading semiconductor design house Gaonchips Co. has officially kicked off preparations to go public in the first half of 2022. ...

Samsung to install 51,000 air purifiers to help Australians return to school

Samsung Electronics Co. will help the students in the Australian state of Victoria in making safe returns to the classroom in a post-COVID environme...

Hyundai Steel, Samsung develop tech to recycle chip waste for steelmaking

Hyundai Steel Co. and Samsung Electronics Co. said on Monday they have developed technology that can recycle the chipmaker’s wastewater sludge...

Recycled plastic in growing demand as Korean firms pursue ESG business

Plastic recyclers have known for years that there is money to be made in plastic waste. And the stakes are high these days as the prices of recycled...

US pressures Samsung, chipmakers to disclose key internal data

The American government is forcing global semiconductor manufacturers to submit internal information on their chip inventory as well as the number o...

Samsung to make Tesla’s HW 4.0 self-driving auto chip

SILICON VALLEY – Samsung Electronics Co., the world’s leading chipmaker, will manufacture Tesla Inc.’s next-generation hardware 4 ...

Taylor city in Texas likely to host Samsung’s new US chip plant

The global semiconductor industry is keeping a close eye on whether Taylor, a city located in Williamson County of Texas and the most probable site ...

Samsung Bioepis gets FDA approval for Lucentis biosimilar Byooviz

Samsung Bioepis Co., a leading South Korean biopharmaceutical company, has received approval from the US Food and Drug Administration for its Byoovi...

SK Innovation to supply batteries to Hyundai IONIQ 7

SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...

Korean Air credit outlook raised, passenger traffic set to return

The credit rating outlook for Korean Air Lines Co. (KAL) and its parent Hanjin KAL Corp. has been upgraded amid expectations that passenger flights ...

Samsung C&T, S-Oil in hydrogen transport partnership

Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...

KT, Samsung Medical Center extend ties in building robot-driven hospitals

KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...

KDB chairman urges FTC to approve merger of Korean Air, Asiana

A speedy approval by South Korea’s top antitrust regulator of the proposed merger of Korean Air Lines Co. (KAL) and its local rival Asiana Air...

Samsung unveils new microSD cards for advanced storage demand

Samsung Electronics Co., the world’s top memory chip maker, introduced new microSD cards with enhanced performance and stability on Sept. 8 to...

S.Korea kicks off AI strategy talks with Naver, Kakao, Samsung, telcos

South Korean government has hosted the first top-level artificial intelligence (AI) roundtable meeting with representatives from the country’s...

LG Innotek, Samsung Electro-Mechanics benefit from wafer shortage

South Korea’s semiconductor substrate producers including LG Innotek and Samsung Electro-Mechanics are benefiting as a global wafer shortage...

Samsung sells $1.3 bn stake in China’s BYD, keeps watchers puzzled

Samsung Electronics Co. has sold a 1.6% stake worth 1.5 trillion won ($1.3 billion) in Chinese electric vehicle and rechargeable battery maker BYD C...

Samsung, LG see largest surge in TV prices in decade

Lee Ji-eun, a 30-year-old bride-to-be, was surprised at the prices of liquid-crystal display (LCD) TVs when she visited a home appliance store in ...

Samsung Elec unveils world’s 1st 200-megapixel mobile image sensor

Samsung Electronics Co. has become the first company to launch a 200-megapixel mobile image sensor, giving the world’s No. 2 image sensor make...

Samsung Biologics gears up to produce mRNA drug substance

South Korea’s Samsung Biologics Co. is gearing up for the drug substance (DS) sector of the messenger ribonucleic acid (mRNA)-based COVID-19 v...

Samsung SDI tops LG Chem in market cap amid GM recall crisis

Samsung SDI Co. has become South Korea’s top battery maker in terms of market capitalization. The company is now ranked as the sixth-largest f...

Samsung to ramp up production capacity of foldable devices by 50%

Samsung Electronics Co. will expand the production capacity of foldable devices amid an unexpected global craze over its Galaxy Z Fold 3 and Z Flip ...

Samsung Electro-Mechanics to benefit as COVID-19 slams competitors

Samsung Electro-Mechanics is expected to benefit as the COVID-19 has hit its competitors in the global multi-layer ceramic capacitor (MLCC) market.T...

Samsung launches new 5G foldable phones in 40 countries

Samsung Electronics Co. on Friday officially launched the new models of its high-end smartphones Galaxy Z Fold3 and Galaxy Z Flip3 in 40 countries, ...

S.Korean millennials rush on Nasdaq and NYSE amid sluggish Kospi

South Korean millennials in their 20s and 30s are rushing to Nasdaq and the New York Stock Exchange (NYSE) amid skyrocketing real estate prices in t...

Will Samsung follow TSMC's price hikes?

Samsung Electronics Co., the world’s largest memory chip maker, is expected to raise foundry prices in the near term as surging demand is outp...

Hanwha seeks to buy Samsung Electro-Mechanics’ Wi-Fi module unit

Hanwha Solutions are seeking to buy Samsung Electro-Mechanics’ Wi-Fi module unit in a move to enhance its wireless communication division, a k...

Samsung Elec, SK Hynix shares jump alongside US peers

Samsung Electronics Co. and SK Hynix sharply rose on Aug. 24 after suffering a continuous sell-off. The Philadelphia Semiconductor Index gained for ...