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June 23, 2023
Chaebol chiefs meet with French president
...e country’s investment attractiveness, and investment plans in future strategic industries such as energy, future transportation, health care and biotechnology. Among the attendees from Korea are Samsung Electronics Chairman Lee Jae-yong; SK Group Chairman Chey Tae-won, who doubles as...
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June 23, 2023
Korea Inc. heads to Vietnam to strike deals
... cosmetics and food. The delegation also includes South Korea's top four conglomerate chiefs -- Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Group Chairman...uth Korean companies have also been actively forging business ties with Vietnam over...
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June 22, 2023
Big 4 chaebol chiefs back Busan’s Expo bid in Paris
...po. According to industry sources on Wednesday, the four chiefs of Korea’s top conglomerates -- Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Group Chairman... foreign ambassadors stationed in Paris at a pop-up venue by the KCCI called "Maiso...
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June 22, 2023
Elliott warns Korea to pursue no further legal action
...und about $108.5 million in losses caused by the government’s meddling in the 2015 merger of two Samsung units may affect other pending rulings on investor-state dispute cases involving the country. ...in 2018 for the state-run National Pension Service’s involvement in approving the ...
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June 20, 2023
Samsung adopts AI in product design, opens design lab in US, France
Samsung Electronics has adopted artificial intelligence into its design process, utilizing advanced technology to empower designers to "fully unleash" their creativity, according to the company's chi...wer designers to fully unleash their creativity,” Casalegno said. Casalegno, who also...
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June 19, 2023
Pixar movies to run on Samsung’s Onyx Cinema LED screens
Samsung Electronics has joined hands with Pixar Animation Studios to run animated movies on its Onyx Cinema LED screens, offering significantly enhanced picture quality, the company said Sunday. Und...early six times greater than what is possible with standard projector technologies, acc...
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June 19, 2023
KT, Samsung Medical Center join hands to export medical tech
South Korean telecommunications giant KT and Samsung Seoul Medical Center are teaming up to export Korea's medical services and digital technology for hospitals, KT said Saturday. The two sides sign...ing big data. KT is currently preparing to open a medical checkup center in Hanoi, Vie...
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June 16, 2023
Top chaebol groups search for breakthrough strategies
...ieved carbon neutrality, and stressed SK should reach its carbon neutrality goal faster. Amid the global economic downturn, other conglomerates are also set to hold management strategy meetings. Samsung Electronics, which recorded its worst earnings record in the first quarter this ye...
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June 16, 2023
Korea unfazed by new EU battery law
... in the EU,” the Ministry of Trade, Industry and Energy said in a statement. According to the Korea International Trade Association’s report, Korean companies led by LG Energy Solution, SK On and Samsung SDI had a 63.5 percent market share in the EU last year. The EU battery law aim...
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June 15, 2023
Samsung Electronics students' most favored employer for 1st time in decade
Samsung Electronics has been picked as the most desirable company to work for among college students here this year, occupying the top spot for the first time in a decade, a tally from a job portal s...y market capitalization on South Korea’s benchmark Kospi and secondary Kosdaq. Those ...
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June 15, 2023
Korean biz leaders join forces for hydrogen leadership
...2 Business Summit are Hyundai Motor Group, SK Group, Posco Group, Lotte Group, Hanwha Group, GS Group, HD Hyundai, Doosan Group, Hyosung Group, Kolon Group, E1, Korea Zinc, Isu Group, Iljin Group, Samsung C&T, SeAH Group and LG Chem. Among the attendees at Wednesday’s event were some ...
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June 15, 2023
US likely to extend exemptions for Korean chip production in China
...ns for global chip suppliers operating in China, including the world's top two memory chipmakers Samsung Electronics and SK hynix, as it would prevent the firms from selling advanced chips to China an...mated the complexity and effects of isolating China from the production of advanced ...
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June 15, 2023
[From the scene] Is investment drought near end for Korean biotech?
...firms. But not this time. Many of them seemed to have insufficient fund to make additional investment,” Jung said. Outlooks for Korean contract development and manufacturing organizations such as Samsung Biologics, Lotte Biologics and Celltrion, are bright as they have enough liquidit...
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June 14, 2023
[KH Explains] Why is Samsung's Monimo losing in financial app game?
More than a year has passed since Samsung's financial affiliates launched the comprehensive service app Monimo together, but unfortunately, it has fallen short of market expectations. Under the brand Samsung Financial Networks, Monimo offers services from four Samsung...
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June 14, 2023
Samsung, SolarEdge team up for net-zero homes
Samsung Electronics said Tuesday it was teaming up with Israeli firm SolarEdge Technologies, the world's leading solar smart inverter company, to promote carbon-neutral homes. Under the new partnership, Samsung has established a foothold for expanding its SmartThings Energy bus...
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June 14, 2023
Celltrion aims to gain approvals for 5 biosimilars this year
...synergy in developing new drugs. Celltrion's aggressive expansion of its biosimilar business comes as the number of its approved biosimilar products in the global market has fallen behind that of Samsung Bioepis, the firm's local rival, as of the first half of 2023. Currently, Sa...
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June 14, 2023
More flexible workweeks at Samsung, large firms
Samsung Electronics said Tuesday it is introducing more flexible working hours by allowing employers to take one Friday off per month. Keen attention is being paid to the brand new working hour sche...sting hours. But the company does not plan to adopt a four-day workweek system any time...
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June 13, 2023
Ex-Samsung exec arrested for leaking chip tech to China
A former executive of Samsung Electronics has been taken into custody for leaking the tech giant’s confidential business information to build a copycat semiconductor manufacturing plant in China, a l...llions of won, as it is the result of decades of simulation, research and development ...
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June 12, 2023
Samsung's chip division to introduce custom AI Services for employees
Samsung Electronics reportedly plans to launch an in-house artificial intelligence-based service for internal use this year amid security concerns raised over OpenAI’s highly-advanced chatbot ChatGPT...s the tech giant’s chip business, recently unveiled the plan during a recent lecture ...
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June 12, 2023
[KH Explains] Mobility alliance win-win for Samsung, Hyundai
South Korea’s top makers of chips and cars, Samsung Electronics and Hyundai Motor Group, announced their first-ever partnership last week, fueling speculation that their rare tie-up could further extend in the field of future mobility. Under the deal, Samsung will supply automo...
December 23, 2024
