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October 11, 2023
Uncertainties remain for Samsung, SK after US eases export controls
The decision by the US government to allow Samsung Electronics and SK hynix to supply chip equipment to their China factories indefinitely without separate approvals has given South Korean chipmakers...panies procure some of the supplies needed to operate their Chinese factories from the ...
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October 10, 2023
Foreigners ditch sluggish Korean stocks
...ry battery-related stocks as the investment boom led by retail investors eased out, including Posco Holdings (5.38 trillion won), LG Chem (1.45 trillion won), LG Energy Solution (942 billion won), Samsung SDI (720 billion won), SK Innovation (287 billon won) and Posco Future M (281 bill...
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October 10, 2023
LG develops key OLED material to reduce reliance on imports
...cording to market research firm Omdia, LG commanded a dominant 54.6 percent share in the global OLED TV market by total shipments in the first quarter of 2023, followed by Sony at 26.1 percent and Samsung at 6.1 percent. In terms of real-world application, LG Display plans to integrate...
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October 08, 2023
Samsung unveils next-gen Exynos 2400 mobile processor
Samsung Electronics unveiled its next-generation flagship mobile processor, the Exynos 2400, equipped with the latest graphics and generative artificial intelligence technology during its inaugural Samsung System LSI Tech Day 2023 event at its Device Solutions America office in ...
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October 06, 2023
Lotte Biologics doubles down on global contract drugmaker ambitions
...xpected to start in 2034. The construction site is located on the other side of the street from Samsung Biologics' second campus, where its fifth plant is under construction. The proximity between S... Biologics may experience difficulties in pursuing its larger competitor over the ne...
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October 05, 2023
Samsung Biologics raises annual estimated earnings to W3.6t
Samsung Biologics has raised the full-year earnings estimate in its company guidance again to 3.6 trillion won ($2.6 billion) for this year, up some 20 percent from last year, according to its regula...ve been expanded from existing deals has reached 986.2 billion won as of September, acc...
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October 05, 2023
Hanwha seeks bigger presence in burgeoning global robotics market
...loping core software technology that can increase the added value of the robotics business,” he added. The establishment of Hanwha Robotics follows in line with other Korean conglomerates such as Samsung and Doosan in investing in the robotics industry, as they bet on robots as among ...
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October 04, 2023
Samsung chief explores new growth drivers in Middle East
Samsung Electronics Chairman Lee Jae-yong traveled to key locations of Samsung's business in Saudi Arabia, Egypt and Israel during the six-day Chuseok holiday in South Korea to explore new business opportunities in the region, the tech giant said. Lee’s latest trip to the Midd...
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October 03, 2023
Lotte names ex-Samsung exec as new design chief
South Korean retail giant Lotte Group on Wednesday named Lee Don-tae, former president of the Samsung Art and Design Institute, as its new head of design strategy. Upon his appointment, Lotte announ... Apple's first iPhone. During his 16 years at Tangerine, Lee worked with major companie...
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September 26, 2023
Rebellions' AI chip to undergo IBM quality testing
...s collaborated with top-tier firms in various AI sectors, including chip design and software, to cultivate a comprehensive AI ecosystem. Among its 15 global collaborators are industry leaders like Samsung Electronics, Synopsys, and Applied Materials. Dr. Oh Jin-wook, chief technology o...
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September 26, 2023
Samsung Biologics attends CSLA investor forum
Samsung Biologics said Monday the company participated in CSLA's flagship investor forum which was held in Hong Kong on Sept. 11-14, to promote the company’s vision and business strategy. The invest...sung Biologics was the only Korean pharmaceutical firm to attend the event. “Investo...
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September 26, 2023
KB chief hopes successor transforms group into 'Samsung of finance'
...ong-kyoo, said Monday that he hopes his successor will realize his unattained goal to grow the group as a top-10 financial firm in the world. "I previously said I want to turn the group into the 'Samsung of finance,' but now that I look back, I feel a lot of regret when thinking about ...
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September 22, 2023
Broadcom slapped with W1.91b fine for abusing market power in Korea
...ea’s antitrust regulator said Thursday it is imposing a fine of 19.1 billion won ($14.2 million) on US chipmaker Broadcom, along with a corrective order, for its unfair business activities against Samsung Electronics. The move came as the US chipmaker forced Samsung to sign ...
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September 22, 2023
KG Mobility vows to export 200,000 cars by 2026
...on Motors, whose name will be changed to KG M Commercial, mostly use LG Energy Solution’s batteries, according to the company. From next month, they will also install cylindrical batteries made by Samsung SDI for enhanced performance. As for future mobility business, it will further d...
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September 21, 2023
Samsung SDI certified 100% 'Zero Waste to Landfill' at home
South Korea’s leading battery maker Samsung SDI said Wednesday it has achieved the highest certification of "Platinum" from UL Solutions’ Zero Waste to Landfill program for all six facilities at home... also recognized for their 100 percent recycling efforts in this year’s evaluation. ...
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September 21, 2023
Late Samsung chairman’s Jindo dog project gets spotlight
Samsung Group late Chairman Lee Kun-hee’s Jindo dog preservation project is getting a renewed spotlight as the group’s guide dog school marks its 30th anniversary this year. According to industry so...cess, recognized the Jindo dog as a breed with "excellent breed standards." It was i...
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September 20, 2023
[KH Explains] Why Korean battery makers’ mass hiring still ‘not enough’ for tech race
...ttery makers have gone on a hiring spree, and it shows no signs of stopping. LG Energy Solution, Samsung SDI and SK On have hired thousands of new employees during the first six months of this year al...1,688 workers in the January-June period, with its total workforce surging to 11,793...
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September 20, 2023
Samsung Biologics stands tall among pharma giants
South Korean biopharmaceutical company Samsung Biologics said Wednesday that the company achieved a stellar performance last year to stand shoulder to shoulder with top global pharmaceutical companie...Biologics’ 2022 revenue jumped to $2.4 billion from $1.3 billion in the previous year....
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September 20, 2023
Samsung’s guide dog school marks 30th anniversary
Samsung Group’s guide dog school, which began operations after the late Chairman Lee Kun-hee’s new management declaration in September 1993, celebrated its 30-year anniversary Tuesday. Samsung held a ceremony commemorating the occasion at Samsung Guide Dog School in...
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September 19, 2023
Samsung Biologics signs $242m deal with BMS
Samsung Biologics said Monday that the company signed a $242 million contract manufacturing deal with Bristol-Myers Squibb subsidiary Swords Laboratories to produce immunotherapy treatments until 203...ction capacity, fast manufacturing speeds and consistent, high-quality output,” an off...
December 23, 2024
