Samsung E
Scope
Date
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Shipping & Shipbuilding
Samsung Heavy Industries develops next-generation FLNG
South Korean shipbuilder Samsung Heavy Industries has developed a new model for its floating liquefied natural gas (FLNG) production facility, aimed...
May 02, 2023 (Gmt+09:00)
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Retail
Chinese shoppers slash online purchases of Korean goods
Chinese shoppers have slashed online purchases of South Korean goods since the outbreak of the COVID-19 pandemic, tightening their wallets mostly on...
May 02, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung foundry backlogs top $74.6 bn for logic chip biz goal
Samsung Electronics Co., the world’s No. 2 foundry player, has secured contract semiconductor manufacturing order backlogs of more than 100 tr...
Apr 30, 2023 (Gmt+09:00)
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Korean startups
BIND wins D.Camp startup pitch race in April, co-sponsored by CJ
BIND Corp. was chosen by investors as the best of the best for its online fashion platform for middle-aged men during South Korea’s major star...
Apr 28, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s HD KSOE, Samsung Heavy post surplus amid order rally
South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE) and Samsung Heavy Industries (SHI) posted good performance in the firs...
Apr 28, 2023 (Gmt+09:00)
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Electronics
Samsung unveils 89-inch Micro LED display in China
Samsung Electronics Co. will launch its 89-inch Micro LED display in China for the first time at the "Appliance & Electronics World Expo 2023" (...
Apr 27, 2023 (Gmt+09:00)
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Earnings
Samsung bets on H2 recovery with heavy spending after record chip losses
Samsung Electronics Co. on Thursday reported its worst quarterly loss for its semiconductor business, but echoed the widely held industry view that ...
Apr 27, 2023 (Gmt+09:00)
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Steel
POSCO to supply steel to Samsung Electronics under long-term contract
POSCO Holdings Inc., the parent of South Korea’s top steelmaker, will supply steel to Samsung Electronics Co. under a long-term deal, which is...
Apr 25, 2023 (Gmt+09:00)
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Electronics
Samsung, MS open Gaming Hubs in London, New York
Samsung Electronics Co. has partnered with Microsoft to launch gaming hubs in the heart of London and New York. The two companies have installed Sam...
Apr 25, 2023 (Gmt+09:00)
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Retail
Korean E-Land unites fast fashion units for China biz growth
South Korea’s major retailer E-Land Group has consolidated one of its fast fashion brand's operations at home and in China to accelerate growt...
Apr 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis test-drives 'crab walking car' on public roads
South Korea's Hyundai Mobis has verified through test-drives of a demonstration vehicle on public roads the real-life use of the company's e-corner ...
Apr 24, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung Display to use waste glass in cement to erect new HQ
South Korea's Samsung Display will use recycled cement using waste glass from the display production process to build a new headquarters.The company...
Apr 24, 2023 (Gmt+09:00)
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Electronics
Samsung faces $303 mn jury verdict in memory patent lawsuit in US
Samsung Electronics Co. lost a semiconductor patent infringement lawsuit filed in the US. The South Korean company received a jury verdict to pay ab...
Apr 23, 2023 (Gmt+09:00)
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Alternative investments
Samsung Life buys 20% of French asset manager Meridiam
Samsung Life Insurance, managing 223.1 trillion won ($167.5 billion) in assets, has acquired a 20% stake in Paris-based infrastructure investment fi...
Apr 22, 2023 (Gmt+09:00)
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Energy
Samsung Heavy forms int'l consortium to make nuclear plants at sea
South Korea's Samsung Heavy Industries (SHI) and Korea Hydro & Nuclear Power (KHNP) and Denmark's Seaborg Technologies on Friday announced their...
Apr 21, 2023 (Gmt+09:00)
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Business & Politics
Samsung, LG show Korean War hero tribute videos on Times Square
A tribute video to honor Korean and U.S. veterans of the Korean War started screening on billboards in New York’s Times Square on Thursday. Th...
Apr 21, 2023 (Gmt+09:00)
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Foreign exchange
Korean won near 5-month low despite weak dollar; outlook dark
The South Korean won fell to the weakest level in almost five months, underperforming other currencies despite a softer dollar, as sluggish fundamen...
Apr 21, 2023 (Gmt+09:00)
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Business & Politics
Samsung’s Lee likely to meet Apple, Google, MS CEOs during US trip
Samsung Group leader Lee Jae-yong will meet with chief executives of leading US companies, including Apple Inc.’s Tim Cook and Google LL...
Apr 20, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis aims to win $1 bn in China orders in 2023
South Korea's leading auto parts supplier Hyundai Mobis announced that it will win $1 billion this year in China, the world's largest electric veh...
Apr 19, 2023 (Gmt+09:00)
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Business & Politics
S.Korea’s five major companies form data network alliance
South Korea's five major companies have joined forces to make a combined data product that consolidates their respective information, ranging from c...
Apr 19, 2023 (Gmt+09:00)
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Batteries
Korean battery players LG, Samsung, SK sweep US EV tax credits
It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...
Apr 19, 2023 (Gmt+09:00)
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Energy
S.Korea releases guidelines on development of small modular reactors
South Korea has released guidelines on the advancement of small modular reactors (SMR), a critical sector for the domestic nuclear power industry, u...
Apr 19, 2023 (Gmt+09:00)
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Electronics
Samsung Store tops home appliance store in S. Korea
Samsung Store, Samsung Electronics Co.'s direct-to-consumer (D2C) channel, has exceeded Lotte Himart in domestic sales for the first time in its his...
Apr 18, 2023 (Gmt+09:00)
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Batteries
Samsung SDI unveils super-gap battery tech aimed at Chinese market
South Korea's leading secondary battery maker Samsung SDI Co. is setting its sights on China's battery market with its super-gap solid-state battery...
Apr 18, 2023 (Gmt+09:00)
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Healthcare
Samsung unveils HealthStack at US healthcare tech exhibition
Samsung Electronics Co. announced on Tuesday that it will showcase Samsung HealthStack ver. 1.0 at the "2023 HIMSS Global Health Conference & Ex...
Apr 18, 2023 (Gmt+09:00)
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Private equity
MBK Partners co-founder tops 50 richest S.Koreans: Forbes
Michael ByungJu Kim, co-founder and partner at private equity firm MBK Partners, has topped the ranking of the 50 richest South Koreans by net worth...
Apr 18, 2023 (Gmt+09:00)
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Electric vehicles
Samsung competes with Apple on rising non-terrestrial network market
The global market for non-terrestrial networks (NTN), or communications systems that use satellites to text and make phone calls even in places wher...
Apr 18, 2023 (Gmt+09:00)
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Artificial intelligence
Samsung Galaxy may use Bing as default search engine, not Google
Samsung Electronics Co., the world’s second-largest smartphone maker, is considering switching the default search engine for its Galaxy mobile...
Apr 17, 2023 (Gmt+09:00)
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Leadership & Management
SK Group chairman’s eldest son to play key role at US unit PassKey
Chey In-geun, the eldest son of SK Group Chairman Chey Tae-won, has moved to the South Korean conglomerate’s major US business operations amid...
Apr 16, 2023 (Gmt+09:00)
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Electronics
Samsung's Bespoke Infinite appliance wins iF Design Awards
Samsung Electronics co. has received a total of 80 awards, including one gold award, in 2023 iF Design Awards, an international design competition h...
Apr 14, 2023 (Gmt+09:00)
Latest News
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- 5 LG seeks to supply tandem OLED to Bentley, Cadillac