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. ...

Samsung, LG Elec deliver above-consensus Q1 earnings

Samsung Electronics Co. and LG Electronics Inc., the world's two largest TV makers, surprised the market on Wednesday with forecast-beating quarterl...

Stock, bond issues in S.Korea set for a record year in 2021

South Korean companies, having raised 30 trillion won ($27 billion) in both equity and bond issues in the first quarter of this year, are on course ...

Samsung Heavy sets new global record with $2.5 bn order

South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion won ($2.5 billion), t...

Samsung widens lead over rivals with industry’s first advanced DDR5

Samsung Electronics Co. has extended its lead in memory chips over its rivals by unveiling the industry’s first 512 gigabyte DDR5 module based...

NPS under fire over rule change to raise domestic stock purchase limit

South Korea’s National Pension Service (NPS) came under fire over its expected rule change aimed at raising the upper limit for domestic stock...

Intel’s jump into foundry sets off alarm bells for Samsung, TSMC

Intel Corp.’s announcement on Tuesday that it will significantly expand its advanced chip manufacturing capacity and jump into the foundry bus...

Korean value stocks outshine growth names in flat market

Over the past three months, domestic value stock funds in South Korea saw net outflows of 921.4 billion won ($814 million), with the benchmark Kospi...

Korean 20-somethings raising stakes in OTC stocks

A growing number of South Koreans in their 20s are further increasing risk tolerance to stocks, crowding into over-the-counter (OTC) markets, in ant...

Samsung says to overtake TSMC with efficient, right-time investment

Samsung Electronics Co. will make efficient and right-time investments to achieve economies of scale so that the world's largest memory chipmaker wi...

Samsung replaces Huawei in Canada as SaskTel’s 5G supplier

Samsung Electronics Co. has been selected as the sole vendor to supply 5G network equipment and solutions to Canadian telecom company SaskTel, based...

Samsung to ramp up EUV scanners to take on foundry leader TSMC

In the semiconductor industry, having cutting-edge equipment to produce advanced chips is crucial to chipmakers' survival, particularly foundries th...

Samsung, SK Hynix at crossroads, challenged by underdogs

South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are at a crossroads, challenged by smaller rivals such as Micron Te...

Shares of Samsung, Hynix subdued amid foreign selling spree

Foreign investors, the dominant players on the Korean bourse, are dumping leading chipmakers such Samsung Electronics Co. and SK Hynix Inc., keeping...

Samsung launches QLED TVs, aims to retain global leadership for 16th year

Samsung Electronics Co., the world’s largest TV maker, has launched new flashy flagship TV models, with which the tech giant aims to retain it...

NPS may shed extra $21 bn in Korean stocks to cut exposure

The National Pension Service remains overexposed to South Korean stocks even after its 42-day consecutive net selling, and the world's third-largest...

Kakao to split stock 5-for-1 after share price hits record high

Kakao Corp. will split its stock on a five-for-one basis in April, which the South Korean mobile messaging app giant said would make the stock more ...

Samsung Elec may advance start of leading-edge foundry line to July

Samsung Electronics Co., a leading global foundry chipmaker, may begin operation of its leading-edge chip fabrication line earlier than scheduled to...

Samsung creates big data center under direct CEO control

Samsung Electronics Co. has launched a Big Data Center in a move to improve the use of big data in the development, marketing and sales of smartphon...

Samsung to maintain BOD to stabilize organization

Samsung Electronics Co. has decided to maintain its current board of directors in a move to stabilize the organization that has been in an uproar si...

Korean stock markets set for record-high IPOs in 2021

Initial public offerings in South Korea are expected to top 20 trillion won ($18 billion) in value this year, the largest amount for a single year i...

Global folding screen market to explode as Samsung set to supply to China

Samsung Display Co., a leading South Korean display panel maker, will supply foldable displays to select smartphone makers in China amid industry fo...

Coupang applies for IPO on New York Stock Exchange

Coupang Corp., 37% owned by SoftBank Group, is set to become the first Korean company to list directly on the New York Stock Exchange, with its valu...

Samsung investors fret over stock’s fall as analysts see further gains

For retail investors of Samsung Electronics Co., the stock’s recent drop is reminiscent of the 2018 crash, when individuals who snapped up the...

Samsung mulls $17 billion Austin chip plant, seeks tax breaks

Samsung Electronics Co. is seeking tax breaks of $805.5 million from the US state of Texas in return for a new $17 billion chip plant, which the Sou...

Korea to lift short-selling ban on large stocks; retail investors resist

South Korea’s financial regulator has decided to allow the short selling of large-cap stocks from May 3 despite opposition from retail investo...