Samsung Heavy Industries China
Scope
Date
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Korean startups
STIC Ventures invests $2 mn in Vietnamese logistics startup EcoTruck
South Korea-based venture capital firm STIC Ventures has recently invested $2 million in a Vietnamese logistics startup EcoTruck, a move aimed at bo...
May 24, 2021 (Gmt+09:00)
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COVID-19
Samsung Biologics to make Moderna’s mRNA vaccine from Q3
Samsung Biologics Co. will be manufacturing the US company Moderna’s COVID-19 vaccine (mRNA-1273) from the second half of this year in Korea. ...
May 23, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung to invest $151 bn in foundry by 2030, up 28.5% from initial plan
Samsung Electronics Co. will invest 171 trillion won ($151 billion) by 2030 to take over the global foundry leadership from its archrival TSMC. The ...
May 13, 2021 (Gmt+09:00)
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Economy
Heavy household borrowing fans Korea’s asset market overheating
South Korea’s asset market is showing signs of overheating as households take out fresh loans at a record pace to invest in initial share sale...
May 13, 2021 (Gmt+09:00)
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COVID vaccines
Samsung Biologics in talks to produce Pfizer’s COVID-19 vaccine
South Korea’s Samsung Biologics Co. is in talks with Pfizer Inc.to produce the US drugmaker’s COVID-19 vaccine under a contract manufact...
May 12, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Heated shopping platform M&As shake up fashion industry
South Korea's fashion industry is all shook up following the No. 1 online fashion platform Musinsa's decision to acquire 29CM, the country’s s...
May 10, 2021 (Gmt+09:00)
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Electronics
Samsung, LG go all out to lure adult gamers to LED TVs
Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are striving to attract gamers to their large-size LED T...
May 10, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung to jump into laptop processor market with Exynos chip in H2
With the global laptop computer market growing rapidly in the pandemic-caused work-and-learn from home era, Samsung Electronics Co. is working on a ...
May 09, 2021 (Gmt+09:00)
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Steel
Color coated steel shines in style on Samsung, LG home appliances
At Dongkuk Steel Mill Co.’s main plant in Busan, some 430 km southeast of Seoul, huge rollers churning out colorful sheets never stop except w...
May 09, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung sharpens DRAM marketing prowess vs Micron
During Samsung Electronics Co.'s first-quarter conference call with analysts on Apr. 26, UBS analyst Nicolas Gaudois asked about the South Korean ch...
May 05, 2021 (Gmt+09:00)
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Samsung Group
Jay Y. Lee tightens grip on Samsung with increased stake in key affiliate
Jay Y. Lee, the heir of Samsung Group, has bolstered his grip on South Korea’s largest conglomerate by inheriting half his late father’s...
Apr 30, 2021 (Gmt+09:00)
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Samsung Group
Hong Ra-hee: Chief architect of Samsung Group’s art initiative
Samsung Group founder Lee Byung-chul was known to be one of the most avid collectors of Korean antiques. Among his vast collection of priceless cult...
Apr 30, 2021 (Gmt+09:00)
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Earnings
Samsung reports highest Q1 revenue, expects chip rebound in Q2
Samsung Electronics Co. has recorded the highest first-quarter revenue figures in the company’s history, thanks to strong performances in its ...
Apr 29, 2021 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific posts 191.1% growth in Q1 profit, recovers in China
South Korea’s cosmetics giant Amorepacific Group reported a sharp turnaround in revenue and operating profit for the first quarter of 2021.The...
Apr 28, 2021 (Gmt+09:00)
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Inheritance tax
Samsung heirs to donate nearly $3 bn in cash, art
The Samsung Group heirs announced on Wednesday their donation of 2 trillion won ($1.8 billion) worth of art from the collection they inherited from ...
Apr 28, 2021 (Gmt+09:00)
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Earnings
Samsung SDI Q1 sales at all-time high, says VW’s battery move long shot
Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, saw its first-quarter revenue profit jump on solid demand with its ...
Apr 27, 2021 (Gmt+09:00)
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Earnings
Samsung SDI Q1 sales at all-time high, says VW’s battery move long shot
Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, saw its first-quarter revenue profit jump on solid demand with its ...
Apr 27, 2021 (Gmt+09:00)
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Korean stock market
Samsung Display sells back 35 million Corning shares for $1.6 billion
Samsung Display Co., South Korea’s largest display maker, is selling 35 million shares in Corning Inc. back to the US company for an estimated...
Apr 26, 2021 (Gmt+09:00)
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Mobile networks
Samsung unveils mid-band 5G equipment to target $9.9 bn US market
Samsung Electronics Co. has unveiled a range of fifth-generation wireless equipment solutions targeting the US mobile service market, expected to ac...
Apr 20, 2021 (Gmt+09:00)
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Machinery
Doosan Infracore to build 15,000 forklift engines for China’s Linde
Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, has won an order to build 15,000 forklift engines fro...
Apr 19, 2021 (Gmt+09:00)
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Korean chipmakers
Chip shortage worsens, keeps Samsung execs on edge
The global chip shortage, which began with declining supply of automotive chips, is crippling swaths of industries beyond the electronic devices sec...
Apr 19, 2021 (Gmt+09:00)
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Culture & Trends
Samsung heirs likely to donate over half of Lee's art collection
Samsung Group heirs, including Samsung Electronics Co. Vice Chairman Jay Y. Lee, have tentatively agreed to donate more than half of the late Lee Ku...
Apr 16, 2021 (Gmt+09:00)
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Electronics
Samsung develops ultra-small, high-capacity MLCC
Samsung Electro-Mechanics Co. has developed an ultra-small and high-performance multilayer ceramic capacitor (MLCC) for use in a wider range of el...
Apr 16, 2021 (Gmt+09:00)
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Samsung Group
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...
Apr 14, 2021 (Gmt+09:00)
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Machinery
Global infra boom revives S.Korea’s heavy equipment sector
South Korea’s heavy machinery manufacturers are making a strong start this year, reporting the highest first quarter revenue figures since 201...
Apr 13, 2021 (Gmt+09:00)
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Batteries
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...
Apr 13, 2021 (Gmt+09:00)
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Archegos scandal
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...
Apr 12, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy wins $202 mn shipbuilding order
Hyundai Heavy Industries Group has won an order worth 227 billion won ($202 million) to build three liquefied petroleum gas (LPG) carriers, said its...
Apr 12, 2021 (Gmt+09:00)
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Korean chipmakers
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...
Apr 12, 2021 (Gmt+09:00)
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IPOs
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. ...
Apr 09, 2021 (Gmt+09:00)
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