MBK Partners appoints Yon Sog Choi as partner; streamlines senior ranks

MBK Partners has promoted veteran dealmaker Yon Sog Choi to partner, while it steps up execution capabilities in its core buyout businessAccording t...

Samsung Biologics to buy its first US drug factory from GSK for $280 mn

Samsung Biologics Co., the world’s largest contract drugmaker, said on Monday it is acquiring its first US drug production facility from GSK p...

Samsung halts ultra-slim Galaxy Edge2 as iPhone Air stumbles

Samsung Electronics Co. has halted development of its next ultra-slim smartphone, the Galaxy Edge2, after a disappointing debut of rival Apple Inc.&...

Samsung, SK Hynix to beat TSMC in gross profit margin for memory business

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are expected to surpass global foundry leader Taiwan Sem...

Samsung unveils Exynos 2600, industry’s first 2 nm AP

Samsung Electronics Co. on Friday set out details of its latest application processor, the Exynos 2600, the industry’s first smartphone chip p...

Economic volatility offers opportunity for US alternative property investments: Kayne Anderson CEO

Global economic uncertainty is providing an opportunity for investments in US alternative real estate, including outpatient medical office and senio...

Samsung foundry poised to win Intel’s 8 nm chip order

Samsung Electronics Co. is nearing a deal to manufacture 8-nanometer chips for Intel Corp., a move that would add another marquee customer to its fo...

KT turns to lifer Park Yoon-young for CEO role

KT Corp. has named longtime insider Park Yoon-young as its next chief executive officer candidate, opting for continuity as South Korea’s No. ...

SK On to build LFP battery plant in Korea for ESS output, targeting $13.5 billion govt projects

SK On Co., a major South Korean battery maker, has decided to build the country’s largest domestic production line for lithium iron phosphate ...

Hyundai taps Porsche, BMW-bred Manfred Harrer as R&D chief in sweeping leadership shake-up

South Korea’s top automaker Hyundai Motor Group is replacing the heads of both hardware and software development in its boldest executive resh...

NPS to pull all IGIS Asset-committed funds, throwing sale process into disarray

South Korea’s state-run pension fund, the National Pension Service (NPS), has moved to withdraw all of its money committed to IGIS Asset Manag...

Coupang CEO resigns after data breach; interim chief appointed

Park Dae-jun, chief executive overseeing Coupang Inc.’s Korean operations, has resigned to take responsibility for the company’s recent ...

Samsung, SK Hynix stand to win big as Nvidia’s H200 earns US approval for China

Samsung Electronics Co. and SK Hynix Inc. are poised for a multi-trillion-won (multi-billion-dollar) boost after Washington has cleared Nvidia Corp....

Samsung E&A, Veolia, Quantum Capital vie for Malaysia’s top waste management firm Cenviro valued at $1 bn

South Korea’s Samsung E&A Co., formerly Samsung Engineering Co., is seeking to acquire a controlling stake in Malaysia’s largest was...

Transcend warns of surging costs as NAND supply from Samsung, SanDisk in dire shortage

Transcend Information Inc., a Taiwan-based memory module maker, has warned customers that soaring component shortages have doubled its manufacturing...

Samsung to supply half of memory for Nvidia's 2nd-generation SOCAMM in 2026

Samsung Electronics Co. will supply half of the memory used for Nvidia Corp.’s second-generation SOCAMM in 2026, positioning itself as the lar...

Samsung advances HBM4 toward mass output after clearing key internal test

Samsung Electronics Co. has completed a crucial internal qualification step for its next-generation high-bandwidth memory 4 (HBM4) chip, moving a st...

Samsung debuts its 1st tri-fold phone, redefining multitasking and portability

Samsung Electronics Co. on Tuesday launched its first tri-fold phone, the Galaxy Z TriFold, which outsmarts its latest dual-fold Galaxy Z Fold7 and ...

Samsung emerges as top HBM supplier for Google's AI chips with 60% share

Samsung Electronics Co. has ramped up high-bandwidth memory (HBM) shipments in the second half of this year, bringing its share of semiconductor use...

LG Electronics, LG Chem appoint new CEOs in generational leadership change

LG Group, South Korea’s fourth-largest conglomerate, has launched a sweeping generational shift at the top of its flagship businesses, replaci...

Google-Nvidia AI showdown sets up Samsung, SK Hynix as big winners

As Google Inc. steps up its challenge to Nvidia Corp.’s grip on the artificial intelligence accelerator market, the ripple effects are positio...

Reliance's Ambani explores broader partnership with Samsung's Lee in Seoul

Mukesh Ambani, the Indian billionaire and chairman of Reliance Industries Ltd., met with Samsung Electronics Co. Chairman Lee Jae-yong on Tuesday as...

Ex-Koramco CEO circles Mastern Investment as management crisis deepens

Former Koramco Asset Management Co. Chief Executive Park Hyeong-seok is said to be in talks to join Koramco’s crosstown rival, Mastern Investm...

Samsung bolsters technology leadership with engineer-heavy executive reshuffle

Samsung Electronics Co. has placed two of its most seasoned engineers, TM Roh and Jun Young-hyun, at the top of the company in dual leadership, unde...

Samsung Heavy lands nearly $1.4 bn box-ship deal, boosting shares

Samsung Heavy Industries Co., one of South Korea’s top three shipbuilders, has secured a landmark order for seven container carriers worth nea...

Samsung Display prevails in OLED patent battle with China’s BOE

Samsung Display Co., the panel-making arm of Samsung Electronics Co., has won a years-long patent fight with China’s BOE Technology Group, cle...

Asia’s richest man Ambani to meet with Samsung’s Jay Y. Lee in Seoul for Indian business

Mukesh Ambani, India’s richest man and chairman of Reliance Industries Ltd., will come to South Korea for talks with Samsung Electronics Co. C...

Samsung wins 2 nm chip orders from Chinese crypto miners as it races to close gap with TSMC

Samsung Electronics Co., a leading global memory chipmaker, has secured two new clients for its latest 2-nanometer chip manufacturing technology, wi...

Hyundai, Samsung, SK, LG vow massive domestic investment

South Korea’s top four conglomerates — Samsung, Hyundai Motor, SK and LG — are cranking up domestic investment as Asia’s No....

Samsung’s Jay Y. Lee, LG’s top brass discuss cooperation with Mercedes-Benz chief in Seoul

Samsung Electronics Co. Chairman Lee Jae-yong and Mercedes-Benz Chief Executive Ola Källenius met in Seoul on Thursday to discuss expanding coo...