LG’s telecommunication unit joins UAM race in Korea

LG’s telecommunication unit joins UAM race in Korea

LG Group’s telecommunication unit joined the race for South Korea’s urban air mobility (UAM) to secure a future growth engine in coopera...

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 ...

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...

Korea’s major airlines continue to enjoy cargo boom

Korea’s major airlines continue to enjoy cargo boom

Korean Air Lines Co., the country’s top carrier, reported a record quarterly operating profit on the strong cargo business while its smaller d...

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...

Why Samsung is so far behind Apple

Why Samsung is so far behind Apple

In October 2012, US tech giant Apple Inc. fired Dominique Oh, the head of its South Korean unit. This was due to Apple's sluggish sales in the home ...

Samsung Electronics shares rebound as foreigners turn net buyers

Samsung Electronics shares rebound as foreigners turn net buyers

Shares of Samsung Electronics Co., the largest stock on South Korea’s main bourse, rose strongly on Friday, snapping a five-day losing streak,...

Samsung Asset to list blockchain ETF on Hong Kong Exchange

Samsung Asset to list blockchain ETF on Hong Kong Exchange

Samsung Asset Management Co. is slated to list a blockchain exchange-traded fund on the Hong Kong Exchange (HKEX) in the first half of this year, th...

Samsung’s stock underlines cloudy outlook despite record Q1

Samsung’s stock underlines cloudy outlook despite record Q1

Shares of Samsung Electronics Co. fell to a fresh 52-week low on Thursday despite posting record sales for the third consecutive quarter as investor...

Hyundai opens world's first UAM takeoff, landing area in UK

Hyundai opens world's first UAM takeoff, landing area in UK

South Korea's Hyundai Motor Group has opened the world's first urban air mobility (UAM) takeoff and landing area in central England.Supernal LLC, Hy...

SeAH to supply steel pipes for LNG export base in Qatar via Samsung

SeAH to supply steel pipes for LNG export base in Qatar via Samsung

  SeAH Steel Corp., the largest steel pipe manufacturer in South Korea, signed a contract on April 25 to offer Samsung C&T Corp. its stain...

LG Electronics establishes hiring-guaranteed AI department at Yonsei

LG Electronics establishes hiring-guaranteed AI department at Yonsei

LG Electronics Inc. is poised to set up a new department at Seoul-based Yonsei University to train aspiring artificial intelligence engineers. ...

Jay Y. Lee absence raises risks for Samsung chip biz

Jay Y. Lee absence raises risks for Samsung chip biz

Samsung Electronics Co. is losing its hegemony in the global semiconductor market as a sustained leadership vacuum has kept the world’s top me...

Korean Air-Asiana deal girds for tough US challenge

Korean Air-Asiana deal girds for tough US challenge

The merger between South Korea's two largest air carriers – Korean Air Lines Co. Asiana Airlines Inc. – may face a tough challenge in th...

Samsung Heavy sells undelivered drillships to PEF

Samsung Heavy sells undelivered drillships to PEF

South Korea's Samsung Heavy Industries Co. has sold its four undelivered drillships to a domestic private equity fund for a combined 1.04 trillion w...

Samsung to supply chip substrate for Apple’s next-gen M2 processor

Samsung to supply chip substrate for Apple’s next-gen M2 processor

Samsung Electro-Mechanics Co. will supply its semiconductor package substrate to Apple Inc. for the US tech giant’s next-generation M2 process...

Samsung Elec's ex-M&A head to extend clout in Samsung Group

Samsung Elec's ex-M&A head to extend clout in Samsung Group

Ahn Joonghyun, who led Samsung Electronics Co.'s high-profile M&A deals for nearly nine years, was promoted to a president-level position to hea...

SK Telecom’s bet on air mobility, metaverse in full display at World IT Show

SK Telecom’s bet on air mobility, metaverse in full display at World IT Show

SK Telecom Co. is poised to show off its latest services at this year’s World IT Show slated for three days from April 20. At the large...

Hilton Seoul to transform into UAM landing area

Hilton Seoul to transform into UAM landing area

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) plans to build the country's first landing area for urban air mobility (U...

CJ, Samsung to launch $600 million e-commerce logistics fund

CJ, Samsung to launch $600 million e-commerce logistics fund

CJ Logistics and an affiliate of Samsung Life Insurance have joined forces to launch a real estate investment fund worth 740 billion won ($600 milli...

Korean Air’s stock lags US peers' on slow demand recovery

Korean Air’s stock lags US peers' on slow demand recovery

Korean Air Lines Co.’s stock is underperforming those of its US rivals on concerns that South Korea’s top carrier is unlikely to immedia...

Hahn & Co. buys Korean food startup in bolt-on deal

Hahn & Co. buys Korean food startup in bolt-on deal

Seoul-based private equity firm Hahn & Co. has acquired a South Korean meal kit provider for 75 billion won ($61 million), a deal expected to bo...

Samsung Biologics to raise $2.6 bn in rights issue

Samsung Biologics to raise $2.6 bn in rights issue

Samsung Biologics Co., a global contract development and manufacturing organization (CDMO) and a biotech division under the Samsung Group, is set ...

Samsung Group hires governance expert for unprecedented reorganization

Samsung Group hires governance expert for unprecedented reorganization

Samsung Electronics Co. has hired a 20-year governance veteran for its much-awaited corporate governance restructuring, according to those familia...

Samsung Heavy set for 2023 turnaround after eight years of losses

Samsung Heavy set for 2023 turnaround after eight years of losses

Samsung Heavy Industries Co., one of South Korea's Big Three shipbuilders, was once on the list of assets its parent Samsung Group wanted to sell to...

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