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Reporter : Kim Yoo-chul
Thu, February 9, 2023 | 09:12
Samsung, SK to scale up US investments
As U.S. President Joe Biden seemingly regards South Korea as a possible weak link in Washington's confrontational stance toward China, Cheong Wa Dae and the country's trade ministry are asking leading conglomerates to invest more in the United States.
Companies | 2021-05-19 15:28
Korea remains confident about receiving Moderna, Pfizer vaccines
A day after U.S. President Joe Biden said his administration plans to send an additional 20 million doses of COVID-19 vaccines abroad by the end of June, a senior Korean government official said the United States will send a “substantial amount of vaccines” to South Korea.
Companies | 2021-05-18 16:20
[ANALYSIS] SK hynix unlikely to acquire GlobalFoundries
After its chief executive Park Jung-ho clarified that SK hynix plans to double the capacity of its foundry (contract-based chip fabrication), investors have been saying that the world's No. 2 memory chipmaker will “soon” try to invest in a foundry chip-making company.
Tech | 2021-05-16 15:55
Samsung to leverage chip investment for 'vaccine swap'
Samsung Group, the sprawling South Korean business conglomerate, is being highlighted ahead of President Moon Jae-in's first-ever summit with U.S. President Joe Biden at the White House on May 21. Samsung's biotechnology affiliate is set to reach a “vaccine swap” in return for the conglomerate's semiconductor unit investing billions of dollars to boost memory chip production ...
Companies | 2021-05-16 13:58
SK chief, Samsung exec. to accompany Moon on US summit
SK Group Chairman Chey Tae-won, also head of the Korea Chamber of Commerce and Industry (KCCI), plans to accompany President Moon Jae-in next week for the South Korean leader's first summit with U.S. President Joe Biden in Washington, D.C.
Companies | 2021-05-12 16:22
Samsung under pressure to invest more in US
Samsung Electronics is apparently facing growing pressure to expand its investment in the United States, according to analysts, as the tech giant has reportedly been invited to a second meeting with the U.S. administration on tackling the global semiconductor shortage. The invitation comes just over a week ahead of a summit between President Moon Jae-in and his counterpart Jo...
Tech | 2021-05-11 16:51
Samsung unveils industry's first memory module
Samsung Electronics unveiled the industry's first memory module supporting the new compute express link (CXL) interconnect standard, it said Tuesday.
Tech | 2021-05-11 16:41
US employment shock boosting Korean stocks
The South Korean stock market is set to continue its strong moves as far weaker-than-expected U.S. job growth data could overshadow debate over interest rates. The local stock market, the bourse of which is moving in tandem with U.S. equity markets, is worried about recent remarks by U.S. Treasury Secretary Janet Yellen as she said a rate hike may be needed to stop the world'...
Markets | 2021-05-10 16:29
Kakao, Naver eyeing $8.9 mil. investment in insurance firm
Naver and Kakao are looking at investing in a local independent insurance broker as a way to expand their portfolios in the financial sector, according to industry sources, Friday.
Markets | 2021-05-07 16:26
Lawsuit filed against Samsung, SK in US
Samsung Electronics, SK hynix and Micron Technology, which control nearly 100 percent of the global dynamic random access memory (DRAM) market, faced a U.S. court over their alleged involvement in DRAM price fixing.
Tech | 2021-05-07 13:08
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