Samsung hands over diagnostics business to local bio firm

Samsung hands over diagnostics business to local bio firm

Samsung Electronics Co. has agreed to hand over the business rights for its in vitro diagnostics (IVD) unit to a South Korean bio company as part ...

NAND competition heats up as SK Hynix unveils 176-layer flash memory

NAND competition heats up as SK Hynix unveils 176-layer flash memory

SK Hynix Inc. has developed 176-layer NAND flash memory, the industry’s highest-density chip, following in the footsteps of Micron Technology ...

Samsung promotes young executives to lead memory, foundry businesses

Samsung promotes young executives to lead memory, foundry businesses

Samsung Electronics Co. on Wednesday announced a leadership shuffle in its two key businesses – memory chips and foundry – as the South ...

Global NAND market in game of chicken as Samsung ups ante

Global NAND market in game of chicken as Samsung ups ante

Samsung Electronics Co. is upping the ante to extend its leadership in the memory chip sector with a vow to invest heavily in the NAND business next...

Samsung Engineering wins $1 bn Malaysia plant deal

Samsung Engineering wins $1 bn Malaysia plant deal

Samsung Engineering Co. has received a letter of intent from Malaysia’s petrochemical firm Sarawak Petchem Sdn Bhd to build a methanol plant i...

Samsung foundry ramps up chip packaging to compete against TSMC

Samsung foundry ramps up chip packaging to compete against TSMC

The battleground for global foundry leaders – Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. (TSMC) – is shifting fr...

Samsung Electronics hits record-high global TV market share in Q3

Samsung Electronics hits record-high global TV market share in Q3

Samsung Electronics Co.’s global TV market share rose to record levels in the third quarter in value terms, boosted by large-size organic ligh...

Samsung Heavy, Daewoo Shipbuilding fetch over $4 bn in orders

Samsung Heavy, Daewoo Shipbuilding fetch over $4 bn in orders

South Korea’s shipbuilding industry appears to be entering full recovery mode after almost a year-long drought in orders thanks to Samsung Heavy...

Kospi-listed companies perform well, even without Samsung

Kospi-listed companies perform well, even without Samsung

Kospi-listed companies’ operating profits have turned bullish in the third quarter compared to the year-earlier period, swinging back from the n...

Hyundai Heavy, Samsung Heavy pull in over $1 trn in VLCC orders

Hyundai Heavy, Samsung Heavy pull in over $1 trn in VLCC orders

South Korea’s shipbuilders have made a clean sweep of year-end orders owing to to contracts placed for very large crude carriers (VLCCs). Demand...

Samsung, SK Hynix challenged by underdog Micron’s 176-layer NAND

Samsung, SK Hynix challenged by underdog Micron’s 176-layer NAND

South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are being challenged by smaller rival Micron Technology Inc.’s ...

Samsung shares hit historic high as foreign investors scoop up net $2.3 bn

Samsung shares hit historic high as foreign investors scoop up net $2.3 bn

Samsung Electronics Co. shares have soared to a historic high, driven by foreign investors scooping up a total net 2.6 trillion won ($2.3 billion) wor...

Samsung shares soar to historic high; driven by foreigners13

Samsung shares soar to historic high; driven by foreigners13

1Samsung Electronics Co. share price reached a historic high closing at 63,200 won ($57) on Nov. 13, driven by a strong buying streak from foreign inv...

Samsung joins Intel, Qualcomm in Israeli startup investment

Samsung joins Intel, Qualcomm in Israeli startup investment

Samsung Electronics Co., alongside global technology giants Intel Corp. and Qualcomm Inc., has invested in an Israeli tech startup to boost venture ca...

SK Hynix’s 2020 non-memory chip sales seen to hit record high

SK Hynix’s 2020 non-memory chip sales seen to hit record high

SK Hynix Inc. is on track to record its highest sales from its non-memory chip business this year after the world’s second-largest DRAM memory c...

Samsung to supply mobile chips to Xiaomi, Oppo; to rank 3rd in AP market

Samsung to supply mobile chips to Xiaomi, Oppo; to rank 3rd in AP market

Samsung Electronics Co. is expected to supply its Exynos mobile processor chips to China’s two leading handset makers, Xiaomi and Oppo, next yea...

Samsung aims to be No. 1 bio contract development, research firm

Samsung aims to be No. 1 bio contract development, research firm

Samsung Biologics Co. has become the world’s No. 1 contract manufacturing organization (CMO) this year and aims to also lead both the contract d...

Samsung Engineering wins biggest-ever $3.6 bn deal; shares surge

Samsung Engineering wins biggest-ever $3.6 bn deal; shares surge

Samsung Engineering Co., a construction arm of Samsung Group, has clinched a 4.1 trillion won ($3.6 billion) deal to build part of a refinery facility...

Samsung, CJ collaborate on artificial human projects

Samsung, CJ collaborate on artificial human projects

Samsung Electronics Co. announced on Oct. 29 that it has entered into an agreement with CJ Olive Networks Co. to collaborate on Neon, an artificial hu...

Samsung Elec posts record-high quarterly sales, warns of Q4 profit decline

Samsung Elec posts record-high quarterly sales, warns of Q4 profit decline

Samsung Electronics Co.’s third-quarter operating profit rose to its highest level in two years on firm demand in smartphones and memory chips, ...

Why Samsung has the highest-paid CEOs

Why Samsung has the highest-paid CEOs

This is the second in a four-part series that will delve into Chairman Lee Kun-hee’s New Management initiative that charted Samsung's course in ...

Samsung Display, Asia's first to win Huawei supply permit

Samsung Display, Asia's first to win Huawei supply permit

Samsung Display Co., a leading South Korean display panel maker, has received a permit from the US to supply certain panels to Huawei Technologies Co....

Samsung shares jump on looming ownership reform

Samsung shares jump on looming ownership reform

Shares in Samsung C&T Corp., in which Samsung Group’s owner family hold a 33.4% stake, leapt by as much as 21% in heavy trading on Oct. 26, ...

Samsung heirs’ $9 bn tax bill may lead to share sale, weak control

Samsung heirs’ $9 bn tax bill may lead to share sale, weak control

The three children and the wife of Samsung Group Chairman Lee Kun-hee, who died on Oct. 25 at the age of 78, is expected to face inheritance taxes of ...

Samsung chairman, who led tech giant’s leapfrog to global brand, dies, aged 78

Samsung chairman, who led tech giant’s leapfrog to global brand, dies, aged 78

Lee Kun-hee, chairman of the world’s top smartphone and TV manufacturer Samsung Group, passed away on Oct. 25 at the age of 78, the South Kore...

Samsung heir Jay Y. Lee visits plants in Vietnam

Samsung heir Jay Y. Lee visits plants in Vietnam

Samsung Electronics Co. Vice Chairman Jay Y. Lee, currently in Vietnam, has toured its smartphone, TV and other electronics plants there, as the compa...

Samsung Biologics Jan-Sept profit beats entire 2019 gains

Samsung Biologics Jan-Sept profit beats entire 2019 gains

Samsung Biologics Co., the world’s largest contract manufacturing organization (CMO) in terms of capacity, posted an operating profit of 200.2 b...

Samsung’s Jay Y. Lee meets Vietnam's PM Phuc to discuss business ties

Samsung’s Jay Y. Lee meets Vietnam's PM Phuc to discuss business ties

Samsung Electronics Co. Vice Chairman Jay Y. Lee met with Vietnam’s Prime Minister Nguyen Xuan Phuc on Oct. 20 to discuss ways to strengthen bus...

Samsung overtakes Coca-Cola in brand value; highest among Asian firms

Samsung overtakes Coca-Cola in brand value; highest among Asian firms

Samsung Electronics Co.’s global brand has risen to the highest ranking among Asian companies, as the South Korean tech giant overtook Coca-Cola...

LG Chem to hold market lead with tenfold battery patents vs CATL: executive

LG Chem to hold market lead with tenfold battery patents vs CATL: executive

South Korea’s LG Chem Ltd., which has heavily invested in research and development projects, says it will retain its market lead over close riva...

LG Electronics acquires Norway’s OSO in bold HVAC expansion Hanwha becomes 1st Korean insurer to foray into foreign banking market NPS, Scape in record deal to acquire Aussie senior living operator Aveo from Brookfield HYBE to bring K-pop idol playbook to India, tapping local talent POSCO sets sights on lithium production in US