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December 09, 2021
SK chief says sustainability, not size, priority in chip investment
While Samsung makes a multibillion dollar bet on a new chip fab in the US, SK Group Chairman Chey Tae-won is seeking to chart a different path in the semiconductor business, emphasizing “sustainabili... request is widely seen as a move to prompt SK hynix to build a local chip plant in th...
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December 08, 2021
Samsung replaces all CEOs
Samsung Electronics has replaced all its CEOs and combined its mobile and home appliance business divisions in a surprise move, ditching the decade-old system that landed the South Korean tech giant in the top position in smartphones, TVs and semiconductors. In a year-end lea...
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December 08, 2021
Samsung Electronics CFO tapped to lead Samsung’s battery arm
Choi Yoon-ho, the chief financial officer of South Korean tech giant Samsung Electronics widely known to be close to its de facto leader Lee Jae-yong, was named on Dec. 7 as the new chief executive ...role in Samsung Electronics’ investment and financial ri...
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December 07, 2021
Samsung Electronics tops $110b in annual exports
Samsung Electronics was recognized with a $110 billion Tower of Export at the 58th Trade Day in South Korea, in an unprecedented move among companies of Asia’s fourth-largest economy, data from the Ministry of Trade, Industry and Energy showed Dec. 6. This comes as the Korean ...
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December 06, 2021
Firms delay return to office, send meal kits for year-end dinners as omicron spreads
...ravelers have to be put in a 10-day mandatory quarantine regardless of their vaccination status until Dec. 16. Businesses have scrambled to respond to the latest flip-flop in COVID-19 protocols. Samsung Electronics has halted business trips unless they are “compulsory” and...