Why batteries were left out of Samsung's huge investment plan

Why batteries were left out of Samsung's huge investment plan

Citigroup Global Markets on Monday slashed its target price for Samsung SDI Co., one of South Korea's top three battery makers, by almost half and d...

GEPS taps Samsung Life's alternative investment head as CIO

GEPS taps Samsung Life's alternative investment head as CIO

Government Employees Pension Service (GEPS) of South Korea has named Baek Joo-hyun, former alternative investment head at Samsung Life Insurance Co....

Samsung Eng. wins plant design deal from Texas LNG

Samsung Eng. wins plant design deal from Texas LNG

South Korea’s Samsung Engineering Co. has won a deal to design a liquefied natural gas plant in Texas, taking a step forward to secure a turnk...

Samsung in do-or-die race with $355 bn spending plan

Samsung in do-or-die race with $355 bn spending plan

"It's not a matter of numbers, but a matter of do or die for us."This is the first public remark from Samsung Electronics Co. Vice Chairman and de f...

Doosan to ramp up small nuclear reactor investment

Doosan to ramp up small nuclear reactor investment

Doosan Group will invest 5 trillion won ($4 billion) over the next five years, primarily in next-generation energy sectors such as small module reac...

Childcare app Piloto aims to instill healthy device use

Childcare app Piloto aims to instill healthy device use

Childcare app operator Piloto won first place at the May startup demo event hosted by D.Camp.  The startup accelerator’s parent company,...

Samsung further expands global TV market share in Q1

Samsung further expands global TV market share in Q1

Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...

Samsung to invest $355 billion in chip, biotech, 6G over five years

Samsung to invest $355 billion in chip, biotech, 6G over five years

South Korea’s top conglomerate Samsung has unveiled a plan to invest 450 trillion won ($355 billion) over the next five years in strategic sec...

Samsung SDI, Stellantis pick Indiana for US EV battery plant

Samsung SDI, Stellantis pick Indiana for US EV battery plant

Samsung SDI Co., the world’s sixth-largest battery maker, and Dutch-domiciled multinational automaker Stellantis N.V. picked the state of...

Hanwha Systems joins hands with Italy's Leonardo for radar exports

Hanwha Systems joins hands with Italy's Leonardo for radar exports

South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...

Hyundai Wia likely to deploy smart robots at Georgia EV plant

Hyundai Wia likely to deploy smart robots at Georgia EV plant

Hyundai Wia Corp., an auto parts unit of Hyundai Motor Group, will likely deploy smart robots at the group’s first dedicated electric vehicle ...

Yoon, Biden highlight 'economic security alliance' following Samsung tour

Yoon, Biden highlight 'economic security alliance' following Samsung tour

South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...

Korea may be backpedaling in semiconductor push: Lawmaker

Korea may be backpedaling in semiconductor push: Lawmaker

A sudden surge in demand for semiconductors post-pandemic, coupled with a prolonged chip shortage, has forced policymakers worldwide to revisit poli...

POSCO to deploy more industrial robots at workplaces

POSCO to deploy more industrial robots at workplaces

POSCO Group, which owns South Korea’s largest steelmaker, plans to deploy more industrial robots at its factories to improve productivity and ...

KT maintains throne in Korea pay TV market in H2 2021

KT maintains throne in Korea pay TV market in H2 2021

KT Corp., a major South Korean telecommunications company, and its affiliates had the largest subscribers of the country’s pay TV services, ma...

Samsung to make mobile AP chip dedicated to Galaxy smartphones

Samsung to make mobile AP chip dedicated to Galaxy smartphones

Samsung Electronics Co. is working on a mobile application processor chip, which will be used exclusively for its flagship Galaxy smartphone series ...

Hyundai Motor to take Korean ondol heating system to GV90

Hyundai Motor to take Korean ondol heating system to GV90

In the era of autonomous driving, the definition of the space inside a car is expanded into a moving living space, and Hyundai Motor Co. aims to tak...

Korea's top patient monitoring device maker targets pet sector

Korea's top patient monitoring device maker targets pet sector

South Korea’s leading patient monitoring device maker Mediana Co. is targeting the pet medical industry while seeking an artificial intelligen...

KB Asset buys Belgian office towers for $654 million

KB Asset buys Belgian office towers for $654 million

KB Asset Management Co., the investment arm of KB Financial Group in South Korea, said on Friday it has completed a 100% acquisition of North Galaxy...

Korea's top real estate managers bulk up assets in COVID-19

Korea's top real estate managers bulk up assets in COVID-19

Real estate funds in South Korea have increased by 27% to 130 trillion won ($101.4 billion) from 102 trillion won over the past two years, accordi...

Samsung SDS takes smart logistics platform Cello Square to China

Samsung SDS takes smart logistics platform Cello Square to China

Samsung SDS Co., the information technology service unit of Samsung Group, is taking its smart logistics platform, Cello Square, to China to offer l...

Samsung to join NuScale's SMR nuclear plant projects

Samsung to join NuScale's SMR nuclear plant projects

South Korea's Samsung C&T Corp. will make its foray into the small modular reactor (SMR) market by joining the US-based NuScale Power in buildin...

Time for Samsung to get another Fukuda Report

Time for Samsung to get another Fukuda Report

Eight years ago today, the late Samsung Group leader Lee Kun-hee collapsed at his home following a heart attack, a harbinger of doom six years later...

Korea losing ground in semiconductor talent development

Korea losing ground in semiconductor talent development

South Korea, home to the world’s top two memory chipmakers, is losing ground for talent development in the semiconductor sector as fewer profe...

Samsung Elec. proposes global research for 6G frequencies

Samsung Elec. proposes global research for 6G frequencies

Samsung Electronics Co., South Korea’s tech behemoth, has put forward global research on 6G service frequencies as it aims to take the lead in...

Samsung, SK Hynix scramble for talent amid a lack government support

Samsung, SK Hynix scramble for talent amid a lack government support

Samsung Electronics Co. and SK Hynix Inc., the world’s top memory chipmakers, are scrambling for semiconductor manpower in South Korea as the ...

Hyundai Heavy likely to be added to MSCI Korea index

Hyundai Heavy likely to be added to MSCI Korea index

Hyundai Heavy Industries Co., the world's largest shipbuilder, is the strongest candidate to be included in the MSCI Korea Index next week as part o...

Two unopened ways Samsung Elec. bolsters share prices

Two unopened ways Samsung Elec. bolsters share prices

Samsung Electronics Co., South Korea’s largest company by market capitalization, has tried to boost its recently battered share price -- espec...

Samsung wins US 5G equipment order from Dish Network

Samsung wins US 5G equipment order from Dish Network

Samsung Electronics Co. has been chosen to supply 5G network equipment to Dish Network Corp., a US wireless carrier in the middle of building a 5G n...

Can Samsung Electronics ever catch up to foundry leader TSMC?

Can Samsung Electronics ever catch up to foundry leader TSMC?

For years, Samsung Electronics Co. has been touted as the backbone of the South Korean economy, Asia’s fourth-largest, under the government&rs...

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