Samsung chairman’s son gives up US citizenship to enlist as naval officer in Korea

Lee Jee-ho, the eldest son of Lee Jae-yong, chairman of South Korea’s largest conglomerate Samsung, is set to begin military service as a nava...

Samsung Biologics wins $1.3 bn US order, its second-largest ever

Samsung Biologics Co. has clinched a 1.8 trillion won ($1.3 billion) contract from a US pharmaceutical company, its second-biggest deal since incept...

US likely to grant Samsung, SK Hynix conditional approval of chip equipment in China

The US government is considering allowing Samsung Electronics Co. and SK Hynix Inc. to bring US-made chipmaking equipment to their plants in China u...

Whirlpool alleges Samsung, LG rejigged product transfer prices to lower US tariffs

NEW YORK – Whirlpool Corp., the world’s top home appliances maker, has lodged a complaint with the White House, alleging that South Kore...

Foreign investors dump Samsung in August, buy Kakao and Hyundai Motor

Foreign investors turned net sellers in South Korea's stock market in August, offloading Samsung Electronics Co., internet giant Naver Corp. and shi...

Samsung, SK Hynix lose US waiver on chip equipment for China use

The US will make it harder for Samsung Electronics Co. and SK Hynix Inc. to manufacture chips in China and upgrade production facilities there, thre...

Samsung, Mirae Asset, KB vie for $44.7 bn pension investment pool management

South Korea has opened bidding for the management of its 62 trillion won ($44.7 billion) state pension investment pool, pitting two of the country&r...

Korea Inc pledges $150 bn US investment; KAL buys new planes, Samsung, Hyundai Motor vow extra spending

WASHINGTON, D.C. – South Korea’s biggest conglomerates have committed $150 billion in fresh investment in the US in a sweeping package t...

Korean tycoons head to US to support summit; Samsung likely to unveil fresh investment

The heads of South Korea’s largest conglomerates are heading to the US to support a Seoul-Washington summit, with investors watching closely f...

Bill Gates strengthens ties with Samsung, SK, HD Hyundai on energy, biotech, philanthropy projects

Bill Gates, the Microsoft co-founder-turned-philanthropist, has stepped up his engagement with South Korea’s corporate titans, meeting the hea...

Samsung’s US profit triples in H1 thanks to Galaxy phones

Samsung Electronics Co.'s US unit nearly tripled its profit in the first half of the year, defying concerns about steep US tariffs on foreign electr...

US government eyes stake in Samsung, TSMC in return for CHIPS Act funds

The US government is looking into acquiring equity stakes in chipmakers such as Samsung Electronics Co., Taiwan Semiconductor Manufacturing Co. (TSM...

Bill Gates to court Korea’s business titans in Seoul for philanthropy push

Bill Gates, billionaire philanthropist and Microsoft co-founder, is heading to Seoul this week to deepen partnerships with South Korea’s corpo...

Samsung to set up chip packaging R&D center in Yokohama, raise stakes vs TSMC

Samsung Electronics Co. will set up an advanced chip packaging research and development center in Yokohama, Japan with an investment of 25 billion y...

BOE risks 15-year US OLED ban in Samsung dispute; Korean display stocks rally

South Korean display makers stand to gain from a possible 15-year US import ban on organic light-emitting diode (OLED) panels from China’s BOE...

Samsung boosts HBM specialist hiring, scales back foundry recruitment

Samsung Electronics Co. is stepping up recruitment of seasoned high-bandwidth memory (HBM) specialists in a push to reclaim leadership in the semico...

Trump’s chip tariff threat stirs jitters; impact on Samsung, SK Hynix limited given MFN status

NEW YORK – A revived threat from US President Donald Trump to impose a 100% tariff on imported semiconductors has reignited concerns in South ...

Samsung to produce Apple’s next-gen chips at US foundry plant

The global memory chip powerhouse Samsung Electronics Co. will produce chips for Apple Inc. at its semiconductor manufacturing facilities in the US,...

Hitachi mulls sale of Japanese appliance unit, Samsung potential buyer: Nikkei

Japanese conglomerate Hitachi is considering selling its domestic home appliance subsidiary as part of the group’s effort to focus on its soci...

Samsung eyes earnings recovery in H2 on higher HBM sales

Samsung Electronics Co. expects its earnings to recover in the second half of this year, banking on rising demand for its premium high-bandwidth mem...

Musk confirms $16.5 bn alliance with Samsung: 'Spoke with Lee via video call'

Elon Musk isn’t leaving any room for doubt when it comes to Tesla’s multibillion-dollar chip deal with Samsung Electronics Co.The Tesla ...

Samsung Chairman Lee heads to US as chips become key trade leverage

Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set  Aug. 1 deadline for a trade deal, si...

Samsung clinches $16.5 billion chipmaking deal from Tesla

Samsung Electronics Co., the world’s top memory chipmaker, has clinched a landmark contract chipmaking deal worth $16.5 billion from Tesla Inc...

President Lee meets with Samsung chief amid stalled US-Korea trade talks

South Korean President Lee Jae-Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday amid growing speculation that Seoul may leve...

S.Korea’s most prominent business leader returns with all charges cleared

After nearly a decade spent fighting allegations of corporate wrongdoing, Samsung Electronics Co. Chairman Lee Jae-yong has been acquitted on all ch...

Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead

Samsung Electronics Co. is supplying a new high-performance image sensor featuring nanoprism technology to China’s Xiaomi, as the South Korean...

Samsung to launch AI health coach beta in US by end-2025

NEW YORK – Samsung Electronics Co. will roll out a beta version of AI-powered health coach within the Samsung Health application in the US by ...

Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold

NEW YORK – Samsung Electronics Co. plans to release its first triple-folding smartphone by the end of this year to fend off growing competitio...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features

NEW YORK – Samsung Electronics Co. has unveiled its slimmest and most powerful foldable smartphones yet, loading them with artificial intellig...

Samsung to buy US health tech firm Xealth in digital health push

Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...