...fineries and chemical makers were among the winners, as SK Innovation gained 3.41 percent to 206,500 won and LG Chem rose 3.18 percent to 746,000 won. Leading pharmaceutical firms SK Biopharm and Samsung Bioscience climbed 0.27 percent and 0.13 percent to finish at 74,500 won and 786,000 won, respectively. But tech shares went south as No. 1 chipmaker Samsung Electronics fell 0.98 percent to close at 71,000 won and its rival SK hynix retreated 0.64 percent to 108,000 won. Top carmaker Hyundai Motor lost 2.29 percent to 196,400 won and its smaller aff...

Samsung Electronics, the world’s No. 1 smartphone maker by shipment, said Wednesday it will unveil its new foldable smartphone series in Seoul for the first time, in the “beating heart” of the company’s dynamic growth worldwide. The upcoming Galaxy Unpacked event will be held at Coex convention center in Samseong-dong, Gangnam, on July 26. Samsung has advanced the launch schedule from the usual ...

Samsung Electronics said Wednesday that its latest automotive processor, the Exynos Auto V920, will be supplied to Hyundai Motor’s next-generation in-vehicle infotainment systems, a first chip collaboration between the nation’s top two companies. “We are thrilled to be collaborating with Hyundai Motor, a prominent global mobility manufacturer, and we anticipate that this partnership will further...

... flag carrier Korean Air Co. climbed 1.4 percent, leading chemical firm LG Chem Ltd. jumped 3 percent, and leading refiner SK Innovation Co. was up 1.9 percent. Among decliners, market bellwether Samsung Electronics Co. fell 0.8 percent, KG Mobility, which was formerly known as SsangYong Motor Co., declined 0.6 percent, and Hanwha Ocean Co., formerly known as Daewoo Shipbuilding & Marine Engineering Co., w...

Lee Jae-yong’s ‘New Samsung’ taking shape According to company officials, Samsung Electronics and its affiliates have no plan to hold a commemorative event for the 30th anniversary of the declaration this year. In recent years, Samsung has celebrated key events in a low-key way, possibly to avoid public scrutiny as well as due to the COVID-19 pandemic. In the wake of the economic downturn and g...

...Lee, then he met with staffers at JPMorgan Seoul. He was visiting Korea after a week-long business trip to Asian countries, including China, Taiwan and Japan. Speculation grew about his possible meet-up with Samsung Electronics Chairman Lee Jae-yong, considering they have maintained close ties. But both Samsung and JPMorgan declined to confirm the possibility. Dimon left Seoul later in the day.

...ent to 22,050 won, leading chemical firm LG Chem Ltd. added 0.3 percent to 723,000 won, and leading refiner SK Innovation Co. was up 0.9 percent to 199,700 won. Among decliners, market bellwether Samsung Electronics Co. fell 0.7 percent to 71,700 won, No. 2 chipmaker SK hynix Inc. declined 1.5 percent to 108,700 won, and the country's sole aircraft manufacturer Korea Aerospace Industries Co. shed 1.3 perce...

LG Electronics announced Monday it has joined RE100 initiative to go net zero by 2050. The RE100 initiative, introduced by The Climate Group in partnership with the Carbon Disclosure Project in 2014, sets a 2050 target for using 100 percent renewable electricity. Global tech giants such as Samsung Electronics, Apple, TSMC and Sony have already joined the initiative. LG Electronics said it will ...

...l flag carrier Korean Air Co. climbed 0.9 percent, leading chemical firm LG Chem Ltd. added 0.7 percent, and leading refiner SK Innovation Co. was up 2 percent. Among decliners, market bellwether Samsung Electronics Co. fell 0.7 percent, No. 2 chipmaker SK hynix Inc. declined 0.6 percent, KG Mobility, which was formerly known as SsangYong Motor Co., shed 1.2 percent. The local currency was trading at 1,31...

...steelmaker’s ambitious goal to achieve carbon neutrality by 2050, the company said Sunday. LG Electronics has become the first client to purchase the newly-launched low-emission steel product for the...iances. In November last year, LG Electronics signed two memorandums of understanding with LG Electronics and Volvo Construction Equipment for future supplies of Greenate steel products. Samsung Ele...

...Shin serves as the head of Kakao Pay's payment business group and corporate development office. Before joining Kakao Pay, he held various positions in different companies -- including Kakao Corp, Samsung Electronics, McKinsey & Company and Intel Corporation -- accumulating over 15 years of experience. Shin is an IT professional who holds a bachelor's in electrical engineering from Seoul National Universit...

...ladelphia President Patrick Harker said Thursday the US central bank "should at least skip this meeting in terms of an increase." Major tech shares led the upturn of the KOSPI. Market bellwether Samsung Electronics surged 1.83 percent to 72,200 won after US chip giant Nvidia spiked 5.12 percent. But chip giant SK hynix remained unchanged at 110,300 won following recent sharp gains. Leading battery maker ...

...s expected to release its VR headset next week at the company’s Worldwide Developer Conference. The headset is likely to be equipped with AR technologies and will reportedly cost at least $3,000. Samsung Electronics, Qualcomm and Google also announced a trilateral partnership to build a next-generation extended reality ecosystem in February, seeing VR and AR technology as means to “transform” the future of...

Samsung Electronics said Friday it is joining hands with Naver Cloud to launch a private 5G network for Hoban Construction, bringing the private 5G network in the construction sector for the first ti... safety on-site,” Chang Yong, vice president of global sales and marketing, networks business at Samsung Electronics, said. The latest collaboration followed Samsung’s announcement with Naver Cloud l...

Samsung Electronics’ marketing chief on Thursday hinted that the tech giant’s Galaxy Unpacked event could be held in South Korea for the first time this summer. “South Korea is an important market a...ident of global marketing at Samsung’s mobile business division, told reporters last week at the Samsung Ho-Am Prize award ceremony when she was asked about the possibility of Samsung unveiling its ne...