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Samsung’s financial arms beat No.1 banking group KB in profit
Samsung Group’s financial services business has overtaken South Korea’s No. 1 banking group KB Financial Group in terms of net…
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Naver Cloud takes the lead in Korea’s public AI business
Naver Cloud DEO Kim Yoo-won (File photo by Naver) South Korean online giant Naver Corp.’s cloud subsidiary is expanding its…
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Samsung’s Circle to Search available on Galaxy A series to rival Xiaomi
Samsung Galaxy S24 smartphone’s Circle to Search function demonstrated at Galaxy Unpacked 2024 Samsung Electronics Co. has been fighting Apple…
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Samsung’s AI home appliances hit 1.5 mn units sold
Samsung Electronics Co. said on Thursday that its cumulative sales of AI-integrated home appliances have surpassed 1.5 million units as…
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Korea’s top landscaping firm Dawon to expand in SE Asia
Master plan for a luxury resort in the Philippines to be established by Dawon (Courtesy of Dawon) South Korea’s Dawon…
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LG Display seeks to supply tandem OLED display to Bentley, Cadillac
LG Display’s 83-inch OLED screen with META Technology 2.0 showcased at K-Display 2024 LG Display Co., the world’s top organic…
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Samsung’s Monimo set to disrupt Korea’s financial app market
Monimo mobile app launched by Samsung Financial Networks in April 2022 (Courtesy of Samsung Financial Networks) Samsung Group, South Korea’s…
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Samsung, Trek Bicycle launch Ultra Riding Challenge
Samsung Electronics Co. said on Tuesday that it launched the Ultra Riding Challenge in collaboration with global bicycle brand Trek…
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Korea’s retail investors buy stocks on dips in turmoil
(Courtesy of Getty Images) South Korea’s individual investors took the recent turmoil in stock markets as chances to buy shares…
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TCL narrows gap with Samsung with premium mini LED TVs
TCL’s mini LED TVs on display at CES 2024 in Las Vegas China’s TCL Technology, the world’s No. 2 TV…
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Korean shipbuilder Samsung Heavy resumes its Asia push
Samsung Heavy Industries’ Geoje Shipyard (Courtesy of Samsung) Samsung Heavy Industries Co., a leading South Korean shipbuilder, is set to…
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Samsung launches wrapping ad on New York City tour buses
South Korea’s Samsung Display Co. announced on Monday that it will launch a wrapping advertisement promoting the excellence of Samsung…
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Korea’s Investment forum KIW 2024 to kick off September 9
Korea Investment Week 2023 South Korea’s largest investment forum Korea Investment Week 2024 (KIW 2024) will kick off next month…
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Biotech stocks, foreigners’ top pick in Korea amid panic selling
Trading room at Kookmin Bank’s branch in Yeouido, Seoul on August 5 (Courtesy of Yonhap) Foreigners and institutional investors in…
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Samsung SDS gains AI management system certification
Samsung SDS headquarters in Jamsil, Seoul (Courtesy of Samsung SDS) Samsung SDS Co. announced on Thursday that it has become…
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Gas maker Air Products Korea put on sale for around $3.6 bn
Air Products Korea’s factory in Ulsan (Courtesy of Air Products) US industrial gas maker Air Products and Chemicals Inc. has…
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Memory chip demand to stay firm until H1, 2025: SK Hynix CEO
SK Hynix chip plant in Icheon, Gyeonggi Province, S. Korea (Courtesy of SK Hynix) The memory chip market is expected…
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Samsung signs wind turbine structure supply deal with Equinor
Anders Opedal (left), chief executive of Equinor and Choi Sungan, CEO of Samsung Heavy Industries (Courtesy of Equinor) South Korea’s…
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PUBG’s Krafton taps ex-Apple, Samsung execs for global business
(File photo by Krafton) South Korean gaming giant Krafton Inc., renowned for its mega-hit PlayerUnknown’s Battlegrounds (PUBG), hired former executives…
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Korean e-commerce startup funding sharply drops since 2022
Cardboard boxes of online shopping concept (Courtesy of Getty Images) South Korean e-commerce companies have seen a sharp decline in…
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South Korean stocks rebound but on rollercoaster ride
Kospi and Kosdaq rebounded on Aug. 6, 2024 from the previous day (Courtesy of Yonhap) South Korean stocks on Tuesday…
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Samsung produces thinnest low-power DRAM for AI mobile devices
The new LPDDR5X DRAM package (Courtesy of Samsung Electronics) Samsung Electronics Co., the world’s top memory chipmaker, started the mass…
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MLOps startup Vessl AI eyes 50% sales from US in 2025
Vessl AI CEO An Jaeman poses for a photo in front of Vessl AI’s office in Seoul, South Korea (Courtesy…
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Korean shipbuilders in talks for $6.6 bn Qatar LNG tanker deals
LNG carrier built by Samsung Heavy Industries (File photo by Samsung Heavy Industries) South Korean shipbuilders are in talks with…
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South Korean stock market crashes; more falls ahead
The Kospi suffers the biggest point loss in its history on Aug. 5, 2024 The South Korean stock market was…
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Korean tech stocks suffer falls despite strong Q2 results
Despite strong earnings in the second quarter, 60% of listed companies saw their stock prices decline Some 60% of the…
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Will Samsung benefit from Nvidia’s new AI chip delays?
Nvidia Blackwell (File photo downloaded from Nvidia website) Samsung Electronics Co., the world’s top memory chipmaker, is likely to benefit…
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S.Korean stocks log largest daily loss since pandemic
The Kospi index hit a nearly two-month closing low of 2,676.19 South Korean stock market dropped more than 3% on…
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Samsung invests in US AI security startup Protect AI
The founders of Protect AI (Screenshot captured from Protect AI website) Samsung Venture Investment Corp., Samsung Electronics Co.’s venture capital…
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LG Display to sell its last LCD plant to CSOT for around $1.5 bn
LG Display’s LCD plant in Guangzhou, China (Courtesy of LG Display) South Korea’s LG Display Co. plans to sell its…
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Samsung, Ottogi unveil exclusive lifestyle TV goods
Samsung Electronics Co. announced on Friday that it collaborated with the domestic food company Ottogi to release limited edition goods…
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Samsung’s new chip leader calls for restoring competitiveness
It is urgent to restore Samsung Electronics Co.’s competitiveness in the semiconductor business, the chip division’s new head said in…
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Samsung releases 1-terabyte microSD cards for mobile devices
Samsung releases two types of new microSD cards (Courtesy of Samsung Electronics) Samsung Electronics Co. on Thursday released higher-capacity memory…
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EcoPro BM may cut battery materials capacity on EV slowdown
EcoPro BM headquarters in South Korea (File photo) South Korea’s leading battery materials maker EcoPro BM CO. is considering reducing…
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Samsung confirms strong Q2 profit on brisk AI chip sales
Samsung Electronics’ semiconductor manufacturing facility (Courtesy of Samsung Electronics) Samsung Electronics Co. on Wednesday reported 10.4 trillion won ($7.5 billion)…
