Samsung set to triple HBM output in 2024 to lead AI chip era
SILICON VALLEY – Samsung Electronics Co., the world’s largest memory chipmaker, will likely triple its high bandwidth memory (HBM) chip ...
Samsung, Henckels co-develop AI Combo detergent course
Samsung Electronics Co. announced on Wednesday that it partnered with the global household and industrial goods company Henckels AG to introduce a d...
Ferrari, SK On team up to innovate battery technology
Ferrari S.p.A. joined hands with SK On Co., the world’s fifth-largest electric vehicle battery producer, to innovate cell technology as the It...
SK Networks prepares to put SK Rent-a-Car on market
SK Networks Co. is preparing to put SK Rent-a-Car Co. on the market in a deal worth an estimated 600 billion won ($448 million) as part of efforts t...
Samsung seeks to launch new super mobile banking app with a local bank
Samsung Financial Networks, a union of Samsung Group’s four financial affiliates, is seeking to launch a super mobile banking app in partnersh...
Samsung Elec vies for Johnson Controls' HVAC units
Samsung Electronics Co. has joined the race to buy Johnson Controls International’s heating, ventilation and air conditioning (HVAC) assets wo...
STX to supply car CKD to Bangladeshi company
STX Corp., a South Korean general trading company, announced on Monday that it signed a memorandum of understanding (MOU) to supply the complete kno...
Samsung gets AWS platinum certification for water stewardship
Samsung Electronics Co. has been awarded the highest level of certification for water management by the Alliance for Water Stewardship (AWS), a le...
Samsung begins new drug development for rare diseases
Samsung Bioepis Co., a biosimilar development unit of South Korea’s top conglomerate Samsung Group, has begun its new drug development busines...
LG Uplus Sporki to be featured in Toyota's car Infotainment
South Korea's LG Uplus Corp. announced on Friday that its sports community platform Sporki will be featured in Toyota Connect, the U+Drive-based inf...
Samsung to supply $752 million in Mach-1 AI chips to Naver, replace Nvidia
Samsung Electronics Co., the world’s top memory chipmaker, will supply its next-generation Mach-1 artificial intelligence chips to Naver Corp....
Samsung Electronics collects $4.3 bn in dividends from display unit
Samsung Electronics Co., the world’s largest memory chipmaker, is slated to receive about 5.64 trillion won ($4.3 billion) worth of dividends ...
Samsung Fire headquarters up for sale at about $746 mn
The Samsung Fire & Marine Insurance Co. headquarters building in Seoul is on the market at a valuation of more than 1 trillion won ($746 million...
Samsung to unveil Mach-1 AI chip to upend SK Hynix’s HBM leadership
Samsung Electronics Co., the world’s top memory chipmaker, is developing a next-generation artificial intelligence chip, Mach-1, with which th...
Samsung rallies on expectations of Nvidia’s HBM order
SAN JOSE, Calif. – Samsung Electronics Co.'s stock zoomed on Wednesday after the world’s most famous AI chip provider Nvidia Corp. hinte...
SK Hynix mass-produces HBM3E chip to supply Nvidia
SK Hynix Inc., the world’s No. 2 memory chipmaker, began mass-producing HBM3E, the best-performing DRAM chip for AI applications, for the firs...
Craft beer maker Jeju Beer sells stake to car repair company
South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car main...
Samsung invests in BrickBio in US
Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...
Renault to invest $523 mn to build green car hub in Korea
Renault Korea Motors Co., grappling with a protracted slump without new releases, plans to invest more than 700 billion won ($523 million) by 2027 t...
Samsung tops global soundbar market for 10th consecutive year
Samsung Electronics Co. has held its ground as the leader in the global soundbar market for ten consecutive years, from 2014 through 2023, according...
Samsung faces dubious suit every 5 days from US patent trolls
South Korean tech giant Samsung Electronics Co. is battling an increasing number of patent infringement litigation cases from US patent trolls, the ...
Samsung Elec triples new TV preorders powered by AI
Samsung Electronics Co., the world’s top TV manufacturer, said on Sunday it is enjoying strong demand for new TVs, especially premium ultra-la...
Samsung to receive over $6 bn in US chip subsidies, eyes extra investment
South Korean tech giant Samsung Electronics Co. is expected to receive more than $6 billion in US chip subsidies as the Joe Biden administration is ...
Samsung C&T defeats activist funds in proxy battle
Activist funds arm in arm to demand higher dividends from Samsung C&T Corp. got defeated in a proxy fight against the de facto holding firm of S...
Samsung Display surrenders foldable screen throne to BOE
Chinese smartphone manufacturers’ aggressive push for foldable models has threatened the dominance of Samsung Electronics Co., the world&rsquo...
Hyundai to bring Casper EV to Japan, premium Genesis cars to India
Hyundai Motor Co. will bring its electric Casper crossover city car to Japan next year as part of a bid to reinvigorate its performance in the neigh...
Samsung brings AI tech to its latest TV lineup to rival LG’s OLED TVs
Samsung Electronics Co., the world’s largest TV maker, said on Wednesday it is bringing artificial intelligence technology to its 2024 TV line...
Samsung's chip stockpile declines in Q4 2023
Samsung Electronics Co. has reported a decrease in its semiconductor inventory for the first time in 10 quarters, signaling a rebound in the memory ...
LG invests $60 million in Bear Robotics as robot OS war intensifies
South Korea’s high-tech giant LG Electronics Inc. said on Tuesday it has invested $60 million in Bear Robotics Inc., a Silicon Valley-based se...
EV charging speed, battery sector’s emerging battlefield
South Korea’s three major battery makers are rushing to shorten times for electric vehicle charging, the main issue for consumers reluctant to...
