Samsung Fire Marine Insurance
Scope
Date
~
-
Samsung Electronics
Samsung wins $6.6 bn deal to supply 5G equipment to Verizon
Samsung Electronics Co. has clinched a 7.9 trillion won ($6.6 billion) deal to supply fifth-generation wireless communications solutions to Verizon Co...
Sep 07, 2020 (Gmt+09:00)
-
Samsung Electronics
Samsung to make Nvidia’s latest gaming chips in stepped-up foundry business
Samsung Electronics Co. will manufacture Nvidia Corp.’s latest gaming chips as the South Korean tech giant aims to expand its presence in the fo...
Sep 02, 2020 (Gmt+09:00)
-
Corporate governance
Samsung Life shares rally as governance issue looms on likely stake sale
Shares of South Korea’s largest life insurer, Samsung Life Insurance Co., have rallied in recent sessions on expectations that the company will ...
Sep 02, 2020 (Gmt+09:00)
-
Samsung Display
Samsung pulls out of LCD panel market to bet on quantum dot OLED
Samsung Display Co. Ltd. has sold its LCD panel plant in China to China Star Optoelectronics Technology (CSOT) for $1.08 billion, withdrawing from the...
Aug 31, 2020 (Gmt+09:00)
-
Chips
Samsung, SK Hynix brace for chip price falls on upgrades
Oversupply and higher inventories of memory chips have clouded the business outlook for chipmakers, including Samsung Electronics Co. Ltd. and SK Hyni...
Aug 22, 2020 (Gmt+09:00)
-
M&A
Insurance giant AXA seeks buyers for a 100% stake in Korean AXA General
AXA, a French multinational insurance group, is keen to sell a 100% stake in its South Korean operation, AXA General Insurance Co., according to indus...
Aug 19, 2020 (Gmt+09:00)
-
Korean chipmakers
Samsung, SK Hynix on toes as US tightens restrictions on Huawei
Korean chipmakers Samsung Electronics Co. and SK Hynix Inc. are on guard as the US Department of Commerce toughens its restrictions on Chinese tech co...
Aug 18, 2020 (Gmt+09:00)
-
foundry industry
Samsung ramps up foundry business as manufacturer of IBM's 7nm CPU
Global electronics giant Samsung Electronics' foundry plant is set to manufacture IBM's POWER10 Processor -- the company's first 7-nanometer...
Aug 18, 2020 (Gmt+09:00)
-
Bio
Samsung Biologics to double bioreactor capacity with $1.5 bn new plant
Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...
Aug 11, 2020 (Gmt+09:00)
-
Private equity
Foreign insurers’ Korean units likely up for sale on tougher rules, falling profits
Following in the footsteps of Prudential Financial Inc., foreign insurance companies are expected to put their Korean units up for sale to meet tighte...
Aug 11, 2020 (Gmt+09:00)
-
Joblessness rate
Korea’s July jobless claims hit $1 bn; insurance funds’ deficit to widen
South Korea's jobless claims payments topped 1 trillion won ($842 million) for the third consecutive month in July, threatening to widen the shortfall...
Aug 10, 2020 (Gmt+09:00)
-
Insurance
US insurer Cigna’s Korean unit says no decision yet on its possible sale
LINA Life Insurance Co., wholly owned by the US life insurance group Cigna, said on August 6 that its parent group has not made a decision to sell the...
Aug 06, 2020 (Gmt+09:00)
-
Samsung Electronics
Samsung inches closer to Intel as chip market posts Q2 growth despite pandemic
Samsung Electronics Co. is seen narrowing its chip business revenue with Intel Corp. as the global semiconductor market continues to grow despite the ...
Aug 05, 2020 (Gmt+09:00)
-
Reinsurance
Carlyle to enter Korea’s reinsurance market with Korean Re for embattled insurers
The Carlyle Group has joined hands with Korean Re, the largest reinsurer in South Korea, to become the first co-reinsurance providers in a market esti...
Aug 04, 2020 (Gmt+09:00)
-
Samsung Electronics
Samsung narrows gaps fast with image sensor market leader Sony
Samsung Electronics Co. is narrowing gaps fast with Sony Corp., the global leader in image sensors, which are widely used in smartphone cameras and ot...
Aug 04, 2020 (Gmt+09:00)
-
Insurance
US insurer Cigna to put Korean life insurance arm up for sale
The US life insurance group Cigna has recently decided to put its South Korean insurance unit on the market and hired Goldman Sachs as the sale manage...
Jul 24, 2020 (Gmt+09:00)
-
Prudential Financial
Prudential seeks to sell Korean insurance arm in estimated $2 bn deal
Prudential Financial Inc. has put its South Korean life insurance arm on the market, as the US insurance giant is seeking to shed part of overseas ass...
Dec 03, 2019 (Gmt+09:00)
-
Logistics
Samsung Sec buys Amazon logistics center in Czech for $160 mn: report
Samsung Securities Co. Ltd. has bought Amazon’s only logistics center in Czech Republic for 186 billion won ($160 million), in its fourth acquis...
Oct 31, 2019 (Gmt+09:00)
-
Korea Investment, Samsung SRA to buy Manhattan building for $500 mn
Korea Investment & Securities Co. Ltd. and Samsung SRA Asset Management Co. Ltd. have teamed up to buy an office tower in Manhattan from JPMorgan&...
Sep 24, 2019 (Gmt+09:00)
-
Samsung Sec to cooperate with Canada pension fund for infrastructure deals
Samsung Securities Co. Ltd. has signed a preliminary agreement with Canadian pension scheme La Caisse de dépôt et placement du Québec (CDPQ) to cooper...
Sep 06, 2019 (Gmt+09:00)
-
Samsung Sec buys Amazon warehouse in Germany for $215 mn: report
Samsung Securities Co. Ltd. has recently closed the acquisition of Amazon’s new logistics center in Germany for 260 billion won ($215 million), in an ...
Sep 04, 2019 (Gmt+09:00)
-
Hanwha General eying 2020 IPO; Samsung may cash in $800 mn stock
Hanwha General Chemical Co. Ltd. is aiming to list on the Korea Stock Exchange next year, which may lead to Samsung Group’s two arms disposing of rema...
Aug 03, 2019 (Gmt+09:00)
-
Samsung Sec to buy French office complex for $778 mn
Samsung Securities Co. Ltd. is set to acquire an office building west of Paris for 691 million euros ($778 million), following a string of recent prop...
Jun 09, 2019 (Gmt+09:00)
-
KTCU, Meritz Fire invest $100 mn in debt of US hotel-focused REIT
The Korean Teachers’ Credit Union (KTCU) and Meritz Fire & Marine Insurance Co. Ltd. have invested $100 million in a mezzanine loan secured by 92 ...
Jun 07, 2019 (Gmt+09:00)
-
GEPS picks insurance asset management veteran as CIO
The Government Employees Pension Service (GEPS) has picked Won-joo Seo, a former chief investment officer of PCA Life Insurance Co. Ltd. (currently, M...
May 14, 2019 (Gmt+09:00)
-
Samsung-Hanwha consortium tipped to invest $300 mn in Paris building
A consortium of Samsung Securities Co. Ltd. and Hanwha Investment & Securities Co. Ltd. is likely to invest 340 billion won ($299 million) in a Pa...
Apr 05, 2019 (Gmt+09:00)
-
Samsung Life sells Commerzbank’s London headquarters for $590 mn
Samsung Life Insurance Co. Ltd. has completed the sale of Commerzbank AG’s London headquarters to Singapore’s property investment firm Wing Tai Holdin...
Nov 29, 2018 (Gmt+09:00)
-
NH Investment-backed REIT likely to buy Samsung Town building
A South Korean real estate investment trust firm sponsored by NH Investment & Securities Co. Ltd. was picked as a preferred buyer of Samsung C&...
Jul 03, 2018 (Gmt+09:00)
-
Samsung Sec-led group to buy $760 mn stake in Dunkirk LNG terminal
A consortium of three South Korean brokerage companies led by Samsung Securities Co. Ltd. will pay around 850 billion won ($758 million) for a 39.24% ...
Jul 03, 2018 (Gmt+09:00)
-
Hanwha insurance arms net $75 mn from City of London property sale
Two insurance units of South Korea’s Hanwha Group have earned about £57.4 million ($75 million) in capital gains from its £159.2 million investment in...
Jun 28, 2018 (Gmt+09:00)