Korean core companies’ stocks underperform global peers
The world sought new opportunities in 2021, recovering from the shock of the COVID-19 pandemic. Global major companies have been in cutthroat compet...
Samsung supplies self-driving, infotainment chips to global carmaker
Samsung Electronics Co. is supplying advanced memory chips to an unidentified global automaker for use in its self-driving and infotainment systems....
Hyundai, Kia, Genesis sweep car of the year awards in 2021
Hyundai Motor Group’s major auto brands have won a record number of top global awards and industry accolades this year in recognition of its e...
Samsung flexes foundry muscle amid supply chain woes
Samsung Electronics Co. may emerge a winner in the prolonged pandemic era, making full use of fabless chipmakers' efforts to diversify the manufactu...
Samsung, Hyundai race for $4 bn Indonesia petchem project
South Korean builders Samsung Engineering and Hyundai Engineering Co. are in a tight race to win a $4 billion petrochemical project in Indonesia.Sam...
Korea approves export of Samsung Biologics-made Moderna vaccine
South Korea approved exports of Moderna Inc.’s COVID-19 vaccine produced by Samsung Biologics Co. in a move that will help the country’s...
Robotics shares climb on back of Samsung interest
Shares of Korean robot makers jumped this week following a tech giant’s decision to extend resources on its robotics department. Invest...
Samsung to produce STMicro's MCUs for use in iPhones
Samsung Electronics Co. has won a foundry order from Switzerland-based STMicroelectronics to produce microcontroller units (MCUs) for use in Apple I...
Winter is over? Samsung's Q3 chip sales beat Intel's
In August, a Morgan Stanley report on the semiconductor industry, “Winter is coming,” fueled debate on whether chip prices were peaking ...
Samsung launches merged set division as DX; robotics new growth driver
Samsung Electronics Co. has officially launched its new set division, which combines its mobile and consumer electronics businesses into a single un...
Samsung’s mobile business renamed MX to highlight user experience
Samsung Electronics Co. on Friday changed the name of its mobile communications business to MX, short for mobile experience, in line with its pursui...
Samsung’s mid-tier executive reshuffle: More female and foreign faces
Samsung Electronics Co. on Thursday carried out its year-end reshuffle of mid-tier executives, marked by the highest number of promotions for female...
Hyundai Mobis to unveil two future concept cars via metaverse at CES 2022
South Korea’s largest auto parts maker Hyundai Mobis Co. said on Wednesday it is unveiling two future mobility concept cars at the upcoming CE...
Year-end inflow to Korean main bourse sign of foreigner comeback?
Foreign investors are poised to extend their buying spree in South Korea’s main stock market to a sixth straight session, spurring hopes for t...
Hyundai to bolster in-car video services with CJ ENM
Drivers of Hyundai Motor Co. and Kia Corp. are set to enjoy their favorite original TV shows and dramas in-vehicle in near real-time, created by Sou...
Samsung Galaxy Z Flip3 picked as Korea’s top mobile technology 2021
Samsung Electronics Co.'s latest flip phone, the Galaxy Z Flip3, has been chosen by South Korea’s science ministry as the country’s...
Samsung reshuffles three major CEOs, combines mobile and consumer electronics units
Samsung Electronics Co., in a surprise move, has merged its mobile and consumer electronics businesses into a single unit, and replaced chief execut...
Samsung, Hyundai Motor, SK leaders on overseas business trips
Leaders of South Korea’s three big conglomerates – Samsung, Hyundai and SK – are meeting with their major partners and business le...
Will Samsung stocks repeat December glory?
Over the past decade, Samsung Electronics Co. ’s stocks have usually enjoyed a year-end rally every December on increasing dividends and hopes...
POSCO International signs parts supply deal with US EV startup Rivian
POSCO International Corp., the trading unit of South Korea’s steel giant POSCO, said on Thursday it has signed a $6 million contract to supply...
Hyundai Mobis unveils foldable steering wheel
South Korea’s Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has unveiled a foldable steering wheel along with other technologi...
Hyundai named Top Gear’s carmaker of the year; i20 N car of the year
Hyundai Motor Co. has been named the 2021 manufacturer of the year by BBC Top Gear, a prestigious British auto magazine, in recognition of the South...
Samsung’s new auto chip mounted in Volkswagen’s infotainment system
Samsung Electronics Co. is supplying one of its latest advanced chips to Volkswagen AG for the German carmaker’s in-vehicle infotainment syste...
Samsung to adopt flatter hierarchy to lure young talent
Samsung Electronics Co. on Monday announced a set of drastic steps to reduce bureaucracy and hierarchical management at the world's top memory chip ...
IONIQ 7 to beome home on wheels with LG appliances
Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...
Samsung orders US chips, with a side of geopolitics
Every country wants a cutting-edge semiconductor plant. Samsung Electronics’ plan to build one in the U.S. is taking advantage of th...
Samsung’s $17 billion new chip plant in Taylor aims to rein in TSMC
Samsung Electronics Co. has officially announced its plan to build a $17 billion chipmaking plant in Taylor, Texas, as the tech giant aims to overta...
Samsung, Hynix notch best day this year; metaverse to drive chip demand
Shares of South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., have staged a strong rebound on an industry prospec...
Samsung, Korea Post create $336 mn overseas alternative investment fund
South Korea's largest insurance company Samsung Life Insurance Co. and state-run postal savings and insurance agency Korea Post’s insurance ...
Samsung likely to announce US foundry investment plan this week
Samsung Electronics Co. is expected to announce an investment plan for its second US-based semiconductor foundry plant this week. As the South Kor...
