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Wed, March 29, 2023 | 16:53
[EXCLUSIVE] Samsung drops plan to enter electric vehicle market
Amid the burgeoning presence of electric vehicles (EV), investors and consumers are paying attention to what role EVs will play in the automotive market and their environmental effects in the foreseeable future.
KFTC chief vows to fight anti-competitive practices by platform giants
Following the G7+4 Summit, I, as chairperson of the Korean competition authority, the Korea Fair Trade Commission (KFTC), virtually attended the G7+4 Competition Enforcers Summit on digital competition issues with U.S. FTC Chair Lina M. Khan, U.S. Department of Justice (DOJ) Assistant Attorney General Jonathan Kanter and European Commission Directorate General for Competition...
[INTERVIEW] Korea seeks role of 'linchpin' in solving supply chain challenges
The COVID-19 pandemic and the prolonged trade row between the United States and China have led the global community to realize how interrelated it is as well as the importance of the global value chain, as the disruptions have direct economic effects worldwide. At this moment when the global economic order is undergoing rapid changes, Trade Minister Yeo Han-koo said there nee...
Samsung confirms 'output adjustment' at Xi'an factory
As the Chinese city of Xi'an is further tightening its stiff lockdown measures after a spike of COVID-19 cases, the world's largest memory chip manufacturer has decided to apply plans for “output adjustment” at its $26-billion plant.
[ANALYSIS] Samsung-Hyundai partnership extends to semiconductors
The global automotive industry has been slowed down due to the grave scarcity of semiconductors since the beginning of the COVID-19 pandemic, with many major vehicle manufacturers halting their assembly lines.
Samsung to collaborate with rival LG in TV business
Samsung Electronics, the world's largest TV manufacturer, plans to introduce new TV sets in North America and Europe early next year using an advanced organic light-emitting diode (OLED) supplied by a display affiliate of rival LG Electronics, sources and analysts familiar with the issue said, Monday.
At CES, Samsung set to highlight connectivity, accessories
Thanks to the absence of global tech giants at an upcoming tech fair, Korea's Samsung Electronics is set to appeal to global investors about why its recent decision to merge its mobile phone and home appliance businesses matters from an investment standpoint.
SK appoints 'core insider' to head battery business
SK reinstated a member of the owner family to manage its battery business, mimicking its chief cross-town rivals' decisions to appoint trusted executives to manage the burgeoning battery business amid a strengthened focus on strategic alliances and joint ventures between battery suppliers and vehicle manufacturers.
COVID-19 pill stocks expected to rise as new quarantine measures loom
The focus of the stock market is currently on which sectors and shares will become beneficiaries of toughened social-distancing measures expected to be announced by Prime Minister Kim Boo-kyum following the rapid spread of the Omicron variant of COVID-19 in addition to the resurgent Delta variant.
Booming semiconductors to lift KOSPI: BNP Paribas
While the Korean stock market is reacting quite emotionally to the spread of the Omicron variant of SARS-CoV-2 and continued pace of the Delta variant, a top-tier Europe-based investment bank said Tuesday the country's benchmark KOSPI index will rise further next year.
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