Samsung clinches 2nd deal to make Nvidia’s latest gaming chips

Samsung Electronics Co. will manufacture Nvidia Corp.’s latest gaming chips in the second such contract of the year from the US chipmaker, as ...

Samsung Electronics unveils 110-inch premium MicroLED TV

Samsung Electronics Co. has unveiled a new 110-inch light-emitting diode (LED) TV as the South Korean tech giant aims to enhance its presence in the...

Samsung Electronics to raise image sensor output to overtake Sony

Samsung Electronics Co. is switching one of its DRAM chip fabrication lines to boost production of image sensors used in smartphones and other gadge...

Samsung Electronics buys land in Austin, eyes foundry expansion

Samsung Electronics Co. has purchased a giant lot of land in Austin, Texas, where its US chip plant is located, raising expectations that the compan...

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 ...

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

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...

Seoul court clears way for Korean Air’s $1.6 bn Asiana deal

Korean Air Lines Co. will push ahead with its planned $1.6 billion acquisition of debt-laden Asiana Airlines Inc., the company said, after a Seoul d...

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

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 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

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’ 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

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...

Korean Air to buy rival Asiana in $1.6 bn deal to emerge as world’s 7th airline

Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...

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 ...

Korean Air bid to acquire Asiana faces challenges, activist opposition

The owner of Korean Air Lines Co.’s reported bid to acquire local rival Asiana Airlines Inc. faces several hurdles, including painful job cuts, ...

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

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...

Korean Air, Asiana may merge MRO businesses after spin-off

South Korea’s two largest airliners, Korean Air Lines Co. and Asiana Airlines Inc., may combine their airplane repair and maintenance businesses...

Parent of Korean Air seeks to buy rival Asiana Airlines

Hanjin Group, which owns South Korea’s flag-carrier Korean Air Lines Co., is seeking to buy local rival Asiana Airlines Inc., signaling a mega d...

Hanwha Systems unveils Butterfly, personal air vehicle mockup

Hanwha Systems Co., a defense and information technology service unit of Hanwha Group, on Wednesday unveiled the mockup of its personal air vehicle (P...

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...

Largest domestic carrier Korean Air posts Q3 surplus; peers swing negative

South Korea’s flag carrier Korean Air Lines Co. has posted an operating profit for two straight quarters thanks to robust cargo operations keepi...

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 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 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 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 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

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 ...