Samsung Life buys 25% stake in Savills IM for $90 mn

Samsung Life Insurance Co. has agreed to buy a 25% stake in Savills Investment Management (Savills IM) for £63.75 million ($90 million) from U...

Samsung, TSMC up ante in US foundry competition

The world’s two largest foundry chipmakers, Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co., are upping the ante in ...

Samsung Biologics to make Moderna’s mRNA vaccine from Q3

Samsung Biologics Co. will be manufacturing the US company Moderna’s COVID-19 vaccine (mRNA-1273) from the second half of this year in Korea. ...

SK Hynix push for takeover of Key Foundry to boost foundry production

SK Hynix Inc. is taking the first steps to take over South Korea-based Key Foundry, a move in line with recent remarks from Park Jung-ho, the SK Hyn...

Samsung to invest $151 bn in foundry by 2030, up 28.5% from initial plan

Samsung Electronics Co. will invest 171 trillion won ($151 billion) by 2030 to take over the global foundry leadership from its archrival TSMC. The ...

Samsung Biologics in talks to produce Pfizer’s COVID-19 vaccine

South Korea’s Samsung Biologics Co. is in talks with Pfizer Inc.to produce the US drugmaker’s COVID-19 vaccine under a contract manufact...

Samsung, LG go all out to lure adult gamers to LED TVs

Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are striving to attract gamers to their large-size LED T...

Samsung to jump into laptop processor market with Exynos chip in H2

With the global laptop computer market growing rapidly in the pandemic-caused work-and-learn from home era, Samsung Electronics Co. is working on a ...

Color coated steel shines in style on Samsung, LG home appliances

At Dongkuk Steel Mill Co.’s main plant in Busan, some 430 km southeast of Seoul, huge rollers churning out colorful sheets never stop except w...

Samsung sharpens DRAM marketing prowess vs Micron

During Samsung Electronics Co.'s first-quarter conference call with analysts on Apr. 26, UBS analyst Nicolas Gaudois asked about the South Korean ch...

Jay Y. Lee tightens grip on Samsung with increased stake in key affiliate

Jay Y. Lee, the heir of Samsung Group, has bolstered his grip on South Korea’s largest conglomerate by inheriting half his late father’s...

Hong Ra-hee: Chief architect of Samsung Group’s art initiative

Samsung Group founder Lee Byung-chul was known to be one of the most avid collectors of Korean antiques. Among his vast collection of priceless cult...

SK Hynix CEO bullish on memory outlook, eyes $12 billion profit

The chief executive of SK Hynix Inc., the world’s second-largest memory chipmaker, aims to achieve as much as 13 trillion won ($12 billion) in...

Samsung reports highest Q1 revenue, expects chip rebound in Q2

Samsung Electronics Co. has recorded the highest first-quarter revenue figures in the company’s history, thanks to strong performances in its ...

SK Hynix mulls foundry expansion, advances capex to ease chip shortage

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday that it is looking into various options to grow its foundry busi...

Samsung heirs to donate nearly $3 bn in cash, art

The Samsung Group heirs announced on Wednesday their donation of 2 trillion won ($1.8 billion) worth of art from the collection they inherited from ...

Samsung SDI Q1 sales at all-time high, says VW’s battery move long shot

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, saw its first-quarter revenue profit jump on solid demand with its ...

Samsung SDI Q1 sales at all-time high, says VW’s battery move long shot

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, saw its first-quarter revenue profit jump on solid demand with its ...

Samsung Display sells back 35 million Corning shares for $1.6 billion

Samsung Display Co., South Korea’s largest display maker, is selling 35 million shares in Corning Inc. back to the US company for an estimated...

SK Hynix co-vice chairman hints at expanding foundry business

SK Hynix Inc., the world’s second-largest memory chipmaker, may expand its foundry business as a growing number of industries are suffering fr...

Samsung unveils mid-band 5G equipment to target $9.9 bn US market

Samsung Electronics Co. has unveiled a range of fifth-generation wireless equipment solutions targeting the US mobile service market, expected to ac...

Chip shortage worsens, keeps Samsung execs on edge

The global chip shortage, which began with declining supply of automotive chips, is crippling swaths of industries beyond the electronic devices sec...

Samsung heirs likely to donate over half of Lee's art collection

Samsung Group heirs, including Samsung Electronics Co. Vice Chairman Jay Y. Lee, have tentatively agreed to donate more than half of the late Lee Ku...

Samsung develops ultra-small, high-capacity MLCC

Samsung Electro-Mechanics Co. has developed an ultra-small and high-performance multilayer ceramic capacitor (MLCC) for use in a wider range of el...

SK Hynix starts mass production of high-performance SSDs

South Korea’s SK Hynix Inc. has begun the mass production of its latest high-performance solid-state drives (SSDs) amid intensifying competiti...

Banks keen to lend to Samsung heirs for inheritance tax

South Korean banks are queuing up to extend credit to Samsung Group's de-facto leader Jay Y. Lee and his family who are due to pay over 2 trillion w...

Samsung SDI to supply cylindrical cells to Hyundai, Kia

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is developing cylindrical lithium-ion batteries for Hyundai Motor C...

Ex-Samsung startup head's Archegos job ends after 3 mths

A former startup investment head of Samsung Electronics Co. has wrapped up his brief career in the asset management industry, following Archegos C...

Samsung walks tightrope on US investment; invited to White House talks

Samsung Electronics Co., the only South Korean company invited to a special White House meeting on the global semiconductor shortage, is likely to f...

Samsung-backed semiconductor parts maker eyes IPO

MiCo Ceramics Ltd., a semiconductor equipment parts subsidiary of the industrial ceramics maker MiCo Co., is pushing forward with IPO preparations. ...