Samsung Next Ventures
Scope
Date
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Earnings
SK Hynix’s Q3 profit soars to record high, beats Samsung’s memory profit
SK Hynix Inc., the world’s second-largest memory chipmaker, on Thursday posted record quarterly profit and sales, driven by premium artificial...
Oct 24, 2024 (Gmt+09:00)
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Logistics
Samsung SDS, Korea Air Force to cooperate on military logistics
South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...
Oct 24, 2024 (Gmt+09:00)
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Batteries
LG Energy, Stellantis’ EV battery JV in Canada mass-produces modules
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, said on Wednesday its joint venture in Canada with m...
Oct 23, 2024 (Gmt+09:00)
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Venture capital
South Korean VCs in search of better returns abroad
South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...
Oct 23, 2024 (Gmt+09:00)
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Electronics
Samsung unveils generative wallpaper of AI TVs
Samsung Electronics Co. said on Wednesday the launch of its Generative Wallpaper feature for the 2024 Neo QLED and QLED models, powered by Tizen OS....
Oct 23, 2024 (Gmt+09:00)
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Asset management
Hana Financial’s Hana The Next: New financial services tailored for seniors
As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reac...
Oct 23, 2024 (Gmt+09:00)
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Cloud computing
Samsung SDS, Ansys Korea to collaborate on cloud solutions
South Korea's Samsung SDS Co. said on Tuesday it signed a memorandum of understanding (MOU) with Ansys Korea to strengthen its cloud business.Ansys ...
Oct 22, 2024 (Gmt+09:00)
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Energy
POSCO International eyes M&A in US natural gas market
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...
Oct 21, 2024 (Gmt+09:00)
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Electronics
Samsung Galaxy Z Fold Special Edition: slimmest, lightest of its kind
Samsung Electronics Co. said on Monday it is unveiling the Galaxy Z Fold Special Edition (SE) — the thinnest and lightest among the company&rs...
Oct 21, 2024 (Gmt+09:00)
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Construction
Samsung C&T consortium wins $1.6 bn Turkish highway project
A consortium of Samsung C&T Corp., South Korean state-run firms and a Turkish builder won a $1.6 billion project to build and run a highway in t...
Oct 21, 2024 (Gmt+09:00)
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Real estate
Koramco to open office next to NPS for property investment partnership
Koramco Asset Management Co. will open a liaison office next to South Korea’s National Pension Service (NPS) to bolster cooperation with the w...
Oct 18, 2024 (Gmt+09:00)
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Future mobility
Kakao Mobility, Samsung C&T to co-work on robot, parking solutions
Kakao Mobility Corp., South Korea’s largest taxi-hailing app operator, announced on Friday that it signed a business agreement with Samsung C&...
Oct 18, 2024 (Gmt+09:00)
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Electronics
Samsung named as most ultimate brand by FutureBrand
Samsung Electronics Co. was selected the Most Ultimate Brand 2024 by the UK-based global brand marketing and consulting company. According to t...
Oct 18, 2024 (Gmt+09:00)
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Electronics
Samsung mobile chief to talk with Qualcomm on Galaxy S25 chips
Global smartphone leader Samsung Electronics Co.'s mobile business chief is expected to hold talks with senior executives of Qualcomm Inc. about s...
Oct 18, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung primed for graphics chip leadership with 24 Gb GDDR7
Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled the industry’s first 24 gigabit (Gb) graphics DRAM chip, opt...
Oct 17, 2024 (Gmt+09:00)
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Korean startups
South Korea’s next AI unicorns stand out at KPAS 2024
South Korea’s major telecom company KT Corp. and the country’s leading financial newspaper The Korea Economic Daily have teamed up to sc...
Oct 17, 2024 (Gmt+09:00)
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Artificial intelligence
Rebellions partners with Arm on AI computing chiplet Techs
Rebellions, South Korea's artificial intelligence (AI) chip design startup, said on Tuesday that it partnered with the UK-based semiconductor design...
Oct 16, 2024 (Gmt+09:00)
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Robotics
Samsung to unveil its first wearable robot Bot Fit by end-October
Samsung Electronics Co. will unveil its first wearable robot, Bot Fit, later this month as the South Korean tech giant delves into the global health...
Oct 14, 2024 (Gmt+09:00)
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Corporate strategy
Samsung retains No. 5, Hyundai climbs to No. 30 global brand
Samsung Electronics Co., South Korea’s most valuable company in terms of market capitalization, saw its brand value top $100 billion for the f...
Oct 10, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung Apologizes for Falling Behind in AI Chips Race
SEOUL—For a major maker of semiconductors such as Samsung Electronics Co. , the artificial-intelligence boom should be a time of great promise...
Oct 10, 2024 (Gmt+09:00)
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IPOs
Hyundai to launch India’s largest $3.3 bn IPO next week
Hyundai Motor Co.'s Indian subsidiary said on Wednesday it is set to launch its initial public offering, the largest listing in the country, next we...
Oct 10, 2024 (Gmt+09:00)
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Corporate restructuring
Samsung to cut chip executive jobs, restructure in battle versus SK Hynix
Samsung Electronics Co. plans to drastically cut its chip executive jobs and restructure semiconductor-related operations as it struggles to compete...
Oct 10, 2024 (Gmt+09:00)
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Earnings
Samsung chip head vows drastic revamp after flagging weak Q3 earnings
Jun Young-hyun, vice chairman and head of Samsung Electronics Co.'s semiconductor business, on Tuesday vowed to take drastic steps to improve profit...
Oct 08, 2024 (Gmt+09:00)
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Electronics
Samsung's Lee inspects MLCC plant in Philippines as it eyes turnaround
Samsung Group Chairman Jay Y. Lee on Sunday inspected Samsung Electro-Mechanics Co.’s production facilities for multilayer ceramic capacitors ...
Oct 07, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung teams up with Ashley to expand SmartThings IoT service
SILICON VALLEY – South Korean tech giant Samsung Electronics Co. is partnering with Ashley Home Stores Ltd., the US’ largest furniture s...
Oct 04, 2024 (Gmt+09:00)
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Korean chipmakers
Artificial intelligence creates DRAM divide between hot sellers, laggards
In recent years, the big buzz across industries has been around the power of artificial intelligence, with some critics raising concerns about AI ex...
Oct 02, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, NTT Docomo to cooperate on AI technology
Samsung Electronics Co. said on Tuesday that it signed a memorandum of understanding (MOU) with NTT Docomo, Japan's largest mobile telecommunicati...
Oct 02, 2024 (Gmt+09:00)
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Asset management
Wealthy Koreans look to Indian equities as 'next China' investment
First, it was the US that attracted many South Korean investors looking for higher returns.And then came China, which ensnared Korean retail investo...
Sep 30, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy to become 1st paperless drawing shipyard
Samsung Heavy Industries Co. said on Monday it will adopt three-dimensional (3D) digital drawings for its entire ship design and construction proces...
Sep 30, 2024 (Gmt+09:00)
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Electronics
Korea Investment lowers price target for Samsung Electro-Mechanics
Korea Investment & Securities lowered the target price of Samsung Electro-Mechanics by 14.3% on Sunday, citing weaker-than-expected third-q...
Sep 30, 2024 (Gmt+09:00)
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