Samsung Electronics Chairman Lee Jae-yong will purchase 7,188,793 shares worth 1.9 trillion won ($1.42 billion) from his mother Hong Ra-hee in an off-exchange transaction on Oct. 12, raising his stake…
South Korean President Lee Jae Myung is arranging separate meetings with Hyundai Motor Group Executive Chair Chung Euisun and Samsung Electronics Chairman Lee Jae-yong this week to advance his three f…
South Korean President Lee Jae Myung is likely to meet Samsung Electronics Chairman Lee Jae-yong this week to discuss the country's three mega projects centered on semiconductors and artificial intell…
South Korean conglomerates and global tech firms, including Nvidia Corp., agreed Friday on cooperation projects worth $950 billion, presidential chief of staff for policy Kim Yong-beom said. SK Group …
Top South Korean business leaders, including Samsung Electronics Chairman Lee Jae-yong, Hyundai Motor Group Executive Chair Euisun Chung and Naver founder Lee Hae-jin, met with Nvidia CEO Jensen Huang…
Samsung Electronics plans to consolidate its robotics research and commercialization teams to accelerate development of AI-powered humanoid robots for factory use, according to a Korea JoongAng Daily …
Samsung Electronics Executive Chairman Lee Jae-yong plans to meet Nvidia CEO Jensen Huang in the US in late July to deepen their AI chip alliance, following a series of meetings that have boosted Sams…
South Korea's Industry Minister Kim Jung-kwan announced on June 29 that Samsung Electronics and SK Hynix will invest 800 trillion won ($518.3 billion) to build a semiconductor cluster in the southwest…
Samsung Electronics and SK Hynix announced a combined 800 trillion won ($518 billion) investment to build a new chipmaking hub in southwestern South Korea, aiming to meet surging AI-driven demand for …
South Korean President Lee Jae Myung announced a $518 billion semiconductor megaproject on June 29, including four new memory chip fabs, an HBM packaging hub, and over 1 quadrillion won in AI data cen…
South Korea announced an 800 trillion won ($520 billion) semiconductor investment plan, the largest in history, to build four new chip fabrication plants and three AI data centers. Samsung Electronics…
South Korea announced nearly 900 trillion won ($583 billion) in semiconductor investments led by Samsung Electronics and SK hynix, including four new memory fabs in the southwest and HBM packaging hub…
South Korea unveiled a blueprint for three flagship megaprojects centered on semiconductors, AI data centers and physical AI, with investments totaling over 1.8 quadrillion won ($1.2 trillion). Presid…
South Korea plans up to $1.3 trillion in tech investments over the next decade, led by Samsung Electronics and SK Hynix, to boost AI-driven chip production and infrastructure. The announcement, set fo…
President Lee Jae Myung on Monday was set to unveil large-scale investment plans in advanced tech, including a new chip cluster, as Korea seeks to secure competitiveness in the AI era. Samsung Electro…
South Korean President Lee Jae Myung announced a $649 billion public-private technology initiative on June 29, the largest government commitment to semiconductor and AI infrastructure in 2026. The inv…
South Korean President Lee Jae Myung announced three public-private mega-projects totaling about 1,000 trillion won ($649 billion) to develop semiconductors, AI data centers, and physical AI, aiming t…
Samsung Group is reportedly planning a long-term investment of up to 1,000 trillion won ($646 billion) in semiconductors, AI, batteries, and displays, aiming to expand South Korea's industrial base be…
South Korean President Lee Jae Myung met with Samsung Electronics Chairman Lee Jae-yong on Thursday to discuss plans for a regional semiconductor chip cluster and related investments, signaling govern…
South Korea is nearing an announcement on a new semiconductor production cluster outside the greater Seoul area as the government, Samsung Electronics and SK hynix move to expand capacity for the AI e…