Samsung Venture Investment
Scope
Date
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Automobiles
Hyundai Motor vows record investment of $16.7 bn in South Korea
Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...
Jan 09, 2025 (Gmt+09:00)
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Earnings
Samsung’s Q4 profit misses expectations; Stock rises
Samsung Electronics Co. flagged weaker-than-expected earnings for the last quarter of last year due to a fall in memory chip prices and soft demand ...
Jan 08, 2025 (Gmt+09:00)
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Economy
Foreign direct investments in Korea hit record $34.57 billion in 2024
Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Minis...
Jan 07, 2025 (Gmt+09:00)
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Corporate investment
Mirae Asset invests $200 mn in LS Group affiliate in US
South Korea's Mirae Asset Global Investments said on Sunday it invested $200 million in Essex Solutions, a US magnet wire manufacturing affiliate un...
Jan 06, 2025 (Gmt+09:00)
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Korean startups
Hyundai Motor to introduce 10 startups in robotics, AI at CES 2025
Hyundai Motor Group, which has been promoting open innovation through generous investment in startups with promising technologies, will lead 10 cher...
Jan 06, 2025 (Gmt+09:00)
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Korean Investors
Former LG man leaves KKR to start PEF
Lim Hyoung-seok, former Vice President of KKR Korea, left the private equity giant’s Seoul office and established his private equity fund (PEF...
Jan 06, 2025 (Gmt+09:00)
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Bio & Pharma
Korean drugmakers control more than half of European biosimilar market
South Korea’s two leading drugmakers, Celltrion Inc. and Samsung Bioepis Co., have achieved a significant milestone in the European biosimilar...
Jan 02, 2025 (Gmt+09:00)
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Food & Beverage
SPC to establish bakery plant in Texas
South Korea's SPC Group, the operator of the bakery franchise Paris Baguette said on Thursday it plans to build a plant in the City of Burleson, Joh...
Jan 02, 2025 (Gmt+09:00)
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Foreign exchange
Global investment banks see Korean won staying weak in 2025
The South Korean won is forecast to hover in the mid-1,400s level against the dollar through the third quarter of 2025, according to global investme...
Dec 31, 2024 (Gmt+09:00)
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Robotics
Samsung joins humanoid robots race with larger stake in Rainbow Robotics
Samsung Electronics Co. has become the largest shareholder of Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant spen...
Dec 31, 2024 (Gmt+09:00)
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Food & Beverage
S.Korea's office cafeteria firms expand into overseas markets
South Korea's office cafeteria companies, including Hyundai Green Food Co., Ourhome, and Samsung Welstory plan to expand overseas markets with the p...
Dec 30, 2024 (Gmt+09:00)
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Petrochemicals
Lotte Chemical’s JV to boost specialty chemicals output
Lotte Chemical Corp.'s joint venture with Japan’s Tokuyama Corp. will ramp up specialty chemicals production to accelerate its shift from...
Dec 27, 2024 (Gmt+09:00)
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E-commerce
Korea’s Shinsegae, China’s Alibaba to set up e-commerce joint venture
South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better co...
Dec 26, 2024 (Gmt+09:00)
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Batteries
HD Hyundai Infracore to invest $79.6 mn in engine, battery pack
South Korea's HD Hyundai Infracore Co. said on Monday it signed a memorandum of understanding (MOU) with North Jeolla Special Self-Governing Provinc...
Dec 26, 2024 (Gmt+09:00)
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Electronics
Samsung Electronics brings AI heat pump EHS to US HVAC market
South Korean tech giant Samsung Electronics Co. is unveiling an AI-powered home heat pump system at the upcoming CES 2025 event as it strives to boo...
Dec 25, 2024 (Gmt+09:00)
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Business & Politics
US finalizes $4.7 bn chip subsidy for Samsung before Trump takes office
WASHINGTON – The US finalized a $4.7 billion government subsidy for Samsung Electronics Co.'s planned microchip facilities in Texas about a mo...
Dec 22, 2024 (Gmt+09:00)
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Energy
KEPCO expects all-time high $207 mn in 2024 overseas investment returns
Korea Electric Power Corp. (KEPCO), the state-run utility company, expects to post its highest-ever overseas business performance this year, thanks ...
Dec 20, 2024 (Gmt+09:00)
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Electronics
Samsung Display, Dolby to collaborate on automotive OLEDs
South Korea's Samsung Display said on Thursday it signed a memorandum of understanding (MOU) with Dolby Laboratories to jointly promote Dolby's high...
Dec 19, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung, Hyundai Motor eye tech alliance on autonomous vehicle chips
South Korea’s top automaker Hyundai Motor Co. will likely entrust the manufacturing of its automotive chips for self-driving vehicles to Samsu...
Dec 18, 2024 (Gmt+09:00)
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Pension funds
NPS to invest record $1.4 billion in Korean property market in 2025
South Korea’s National Pension Service (NPS) plans to invest 2 trillion won ($1.4 billion) in the domestic real estate market next year to gai...
Dec 18, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion BioSolutions launched to venture into CDMO
Celltrion Inc. on Tuesday launched its contract development and manufacturing organization unit Celltrion BioSolutions Co. in its foray into the CDM...
Dec 17, 2024 (Gmt+09:00)
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Food & Beverage
Samyang Foods to establish overseas plant in China
South Korea's Samyang Foods Co. said on Monday it will build its first overseas plant in China. The company plans to invest 64.7 billion won ($...
Dec 17, 2024 (Gmt+09:00)
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Korean startups
CLO Virtual Fashion raises $35 mn
South Korea's 3D digital fashion solution startup CLO Virtual Fashion said on Monday it raised 50 billion won ($35 million).Atinum Investment Co. an...
Dec 16, 2024 (Gmt+09:00)
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Social media
Seoul probes fake online accounts of Hyundai Motor advisor Sung Kim
The Seoul Metropolitan Police Agency has launched an investigation into social media accounts pretending to be Hyundai Motor Group advisor Sung Kim,...
Dec 16, 2024 (Gmt+09:00)
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Automobiles
Hyundai AutoEver establishes JV in Indonesia
South Korea's Hyundai AutoEver Corp. said on Monday it built the joint venture PT Terra Link technology in Indonesia with India's MapmyIndia. T...
Dec 16, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Google unveils Android XR platform to launch on Samsung headset
SILICON VALLEY/SEOUL -- Global tech giant Google LLC on Thursday introduced a new operating system for extended reality (XR) devices to be installed...
Dec 13, 2024 (Gmt+09:00)
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Markets
Celltrion to allot cash, stock dividend at once
South Korea’s biosimilar maker Celltrion Inc. on Friday announced a plan to allot cash and stock dividends simultaneously. The company wi...
Dec 13, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom invests $3 mn in AI-powered video analysis startup Twelve Labs
South Korea’s top mobile carrier SK Telecom Co. said on Friday it will invest $3 million in Twelve Labs Inc., a Korean AI-powered video analys...
Dec 13, 2024 (Gmt+09:00)
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Automobiles
Hyundai, BAIC to inject $1.1 bn in China joint venture
Hyundai Motor Co. and its Chinese partner Beijing Motor Corp. (BAIC) will jointly invest $1.1 billion in their joint venture, which produces and sel...
Dec 13, 2024 (Gmt+09:00)
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Electronics
Samsung unveils AI-powered Galaxy Book5 Pro to take on Apple’s MacBook
Samsung Electronics Co. on Thursday unveiled its new Galaxy Book5 Pro, packed with various AI functions, to compete with archrival Apple Inc.’...
Dec 12, 2024 (Gmt+09:00)
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