Samsung startup innovation awards
Scope
Date
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Electronics
Samsung, LG gear up for launch of 8K gaming monitors
Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are bracing for the impending arrival of a next-generati...
Nov 07, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung fast-forwards digital transformation of its chip business
South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, is accelerating its digital shift to better respond to the changi...
Nov 07, 2022 (Gmt+09:00)
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Batteries
SK On may secure money for capex from parent company
SK On Co., the world’s fifth-largest electric battery maker, may receive money for capacity expansion from its parent company SK Innovation Co...
Nov 04, 2022 (Gmt+09:00)
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Korean startups
SK Chair Chey advises startups to address social issues for viability
In an event that marked the 10-year anniversary of startup accelerator SparkLabs, South Korean business magnate Chey Tae-won said now is the time fo...
Nov 04, 2022 (Gmt+09:00)
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Leadership & Management
Samsung Elec's brand value rises to $87.7 billion
Samsung Electronics' brand value has broken the $80 billion mark. Korea's flagship company saw such value grow in double digits for the second ...
Nov 04, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung sets sights on new chips for self-driving homes on wheels
For decades, Samsung Electronics Co. has been a household name in the semiconductor industry, making chips that work like the human brain for comput...
Nov 03, 2022 (Gmt+09:00)
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Korean startups
LG Electronics, 6 stellar startups to jointly develop B2B growth engines
LG Electronics will team up with promising startups to discover and develop new growth engines for business-to-business (B2B) operations. LG Electro...
Nov 03, 2022 (Gmt+09:00)
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Korean startups
H Robotics enters the UAE market with rehabilitation robot Rebless
South Korean startup H Robotics will enter the Middle East with the rehabilitation robot Rebless, an FDA-registered robotic therapy device for both ...
Nov 01, 2022 (Gmt+09:00)
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Bio & Pharma
Korea’s Peak Bio makes Nasdaq debut via SPAC deal with Ignyte
Peak Bio Co., a South Korean biopharmaceutical company, is debuting on the Nasdaq through a merger with US blank cheque company Ignyte Acquisition C...
Oct 28, 2022 (Gmt+09:00)
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Electronics
Samsung smartphone shipments down 7.4% in Q3; outlook dim
Samsung Electronics Co. suffered a drop in smartphone shipments during the third quarter on weak demand, adding to concerns over the sector’s ...
Oct 28, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to use rare gas produced by POSCO for chip manufacturing
Samsung Electronics Co., the world’s largest memory chipmaker, will significantly raise the use of locally produced xenon, a critical gas for ...
Oct 28, 2022 (Gmt+09:00)
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Earnings
Samsung reiterates no memory chip output cut despite weak Q3 results
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, said on Thursday it will not reduce its production despite dwin...
Oct 27, 2022 (Gmt+09:00)
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Earnings
Samsung SDI beats CATL in EV battery operating margin
Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, reported a higher operating margin than that of the global leader C...
Oct 27, 2022 (Gmt+09:00)
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Leadership & Management
Jay Y. Lee inaugurated as chairman of Samsung Electronics
Samsung Electronics Co.'s leader Jay Y. Lee was promoted as the company's chairman on Oct. 27.Samsung Electronics' board of directors approved the a...
Oct 27, 2022 (Gmt+09:00)
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Electric vehicles
Korean EV charging startup to launch business in Indonesia
South Korea’s electric vehicle charging platform startup is set to make inroads into Indonesia, a prospective EV market with the world’s...
Oct 26, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung Elec to expand foundry business to tackle TSMC
Samsung Electronics Co., the world’s second-largest foundry company, is set to expand production technology of chips for automobiles, sensors ...
Oct 24, 2022 (Gmt+09:00)
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Bio & Pharma
Korea's Samsung Biologics signs $296 mn CMO deal with GSK
South Korea’s Samsung Biologics Co. has signed a $296.1 million deal to supply biopharmaceutical products to UK-based multinational pharma gia...
Oct 21, 2022 (Gmt+09:00)
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Pre-IPOs
Samsung SDI supplier Jaewon seeks about $280 mn in pre-IPO
South Korean mid-sized petrochemical company Jaewon Industrial Co. is looking to attract pre-IPO investment, according to investment banking sources...
Oct 19, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung mulls new foundry plant in Europe, to expand outsourcing
Samsung Electronics Co., the world’s largest memory chipmaker, is considering expanding outsourced chip production and building a new foundry ...
Oct 19, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung, Qualcomm unveil industry’s fastest LPDDR5X DRAM chip
South Korean tech giant Samsung Electronics Co. said on Tuesday it has successfully proved the performance of its latest LPDDR5X DRAM on Qualcomm Te...
Oct 18, 2022 (Gmt+09:00)
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Asset management
Samsung Asset says to pursue global, active, bond-type ETFs
Samsung Asset Management Co., South Korea’s largest exchange-traded fund (ETF) manager, will focus on global, active and bond-type ETFs, as we...
Oct 17, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Zuckerberg meets with Samsung executives over Meta Quest Pro
SILICON VALLEY – Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc., has met with senior officials of Samsung Electronics C...
Oct 17, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung launches upgraded digital wallet to take on Apple Pay
South Korea’s tech giant Samsung Electronics Co. said on Friday it is launching its digital wallet platform in 13 more countries by year-end t...
Oct 14, 2022 (Gmt+09:00)
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Korean startups
Lab-grown fish, smart pillow: LG’s choices for future
Startups making lab-cultured seafood, smart pillows and others showcased their innovative products at an exhibition hosted by LG Group, South Korea&...
Oct 14, 2022 (Gmt+09:00)
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Korean startups
Despite liquidity crunch, 5 verticals rake in venture capital investment
The global venture capital ecosystem has been contracting since the second quarter of last year, hit by rising inflation and rate hikes. New ...
Oct 13, 2022 (Gmt+09:00)
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Korean chipmakers
US to allow Samsung, SK Hynix to import to China for 1 year
The Biden administration has decided to allow Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, to import ...
Oct 12, 2022 (Gmt+09:00)
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Corporate strategy
Hanwha Group needs to stay innovative to succeed, CEO says
South Korea’s chemicals-to-defense conglomerate Hanwha Group needs to look ahead and prepare for the next century, its Chairman and CEO Kim Se...
Oct 11, 2022 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics opens the world's largest CDMO factory
South Korea’s Samsung Biologics Co.’s new biopharmaceuticals plant launched operations on Tuesday, a move expected to widen the gap betw...
Oct 11, 2022 (Gmt+09:00)
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Artificial intelligence
AI-powered translation startups tackle niche marketplaces
Artificial intelligence (AI)-driven translation has been dominated by big tech.Alphabet Inc.’s Google LLC is the global leader while Naver Cor...
Oct 11, 2022 (Gmt+09:00)
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Earnings
Samsung Q3 earnings disappoint on weak chip business
Samsung Electronics Co., the world’s top memory chipmaker, missed third-quarter earnings estimates on the weak semiconductor business and its ...
Oct 07, 2022 (Gmt+09:00)
Latest News
- 1 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 2 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 3 AI startup MarqVision raises $16.5 mn to close Series A
- 4 Taihan Cable wins $630 mn power grid project in Singapore
- 5 Korean startup scene is gloomy, say 2 out of 5 startup CEOs