samsung electronics

Seoul, April 10 – Seoul shares continued their gains on Friday morning, mirroring overnight advances on Wall Street, fueled by optimism surrounding upcoming negotiations between the United States and Iran following their two-week ceasefire agreement in the Middle East conflict.The benchmark...

Seoul, April 8 – South Korean stocks surged on Wednesday morning as the United States and Iran reached an agreement on a two-week ceasefire and the reopening of the Strait of Hormuz.The benchmark Korea Composite Stock Price Index (KOSPI) rose 326.12 points, or 5.94 percent, to 5,820.9 as of...

Seoul, April 7 Samsung Electronics estimated its first-quarter operating profit to have exceeded 50 trillion won ($33.1 billion) for the first time, driven by strong demand for premium memory chips from the artificial intelligence (AI) industry.The South Korean tech giant projected an...

AI Optimism Lifts Korean Stocks as Won Weakness Concerns Rise Amid $110 Oil Crisis Seoul, April 6 – South Korean stocks posted a strong rally on Monday morning, fueled by optimistic expectations surrounding Samsung Electronics’ first-quarter earnings guidance this week and heightened excitement...

Seoul, April 5. Executives from Samsung Electronics and French artificial intelligence (AI) startup Mistral AI discussed potential cooperation in the AI memory sector, industry sources said on Sunday.Arthur Mensch, co-founder and chief executive officer of Mistral AI, met Jeon Young-hyun, head...

Seoul, April 5 – The Lee family, owners of the Samsung Group, are set to complete the payment of approximately 12 trillion won (approximately $8 billion) in inheritance taxes on assets left by the late Chairman Lee Kun-hee later this month, industry sources said on Sunday.These payments...

South Korean Stocks Surge Nearly 2.5% as Hopes Rise Over Strait of Hormuz Reopening KOSPI Rebounds Strongly on Positive Geopolitical Signals Seoul, April 3: South Korean equities opened sharply higher on Friday, with the benchmark Korea Composite Stock Price Index (KOSPI) climbing nearly 2.5...

South Korean Stocks Sink Over 3% as Trump’s Iran Warning Triggers Global Market Jitters KOSPI Reverses Early Gains Amid Escalating Geopolitical Tensions Seoul, April 2: South Korean equity markets witnessed a sharp sell-off on Thursday morning, with the benchmark Korea Composite Stock Price...

Seoul, April 1 – US tech giant Apple has enhanced an emergency location-sharing feature on iPhones for South Korean users at the request of the Seoul government, officials said on Wednesday.The extension of the service's duration, from the previous five minutes to 30 minutes, came at the...

South Korean Stocks Slide as Middle East Tensions Trigger Foreign Selling, Oil Prices Surge KOSPI Falls Nearly 2 Percent Amid Global Uncertainty Seoul, March 31: South Korean equities traded lower on Tuesday morning as escalating tensions in the Middle East and rising crude oil prices weighed...

KOSPI Slides Sharply Amid Foreign Selling and Tech Stock Weakness Seoul, March 30: South Korean equities witnessed a steep decline on Monday, with the benchmark Korea Composite Stock Price Index (KOSPI) dropping 3.98 percent amid heightened geopolitical tensions and heavy selling in large-cap...

KOSPI Market Trends: Defense Stocks Rise While Auto and Shipbuilding Shares Decline South Korean Stock Market Reacts to Middle East Tensions South Korea’s benchmark Korea Composite Stock Price Index (KOSPI) witnessed notable sectoral shifts approximately one month after the U.S.-Israeli air...

South Korean Stocks Plummet Amid Middle East Tensions Seoul, March 27 – South Korean stocks experienced a sharp decline on Friday, driven by increased risk aversion stemming from renewed concerns regarding tensions in the Middle East. The benchmark Korea Composite Stock Price Index (KOSPI) fell...

South Korean Stocks Surge on Geopolitical Hope, Tech Gains Seoul, March 25 – South Korean stocks experienced a significant increase on Wednesday morning, fueled by gains in large-cap technology shares and cautious optimism surrounding potential progress in negotiations between the United States...

KOSPI Trims Gains Despite Easing US-Iran Tensions; Won Rebounds Sharply Seoul Stocks Pare Early Surge Amid Foreign Selling Pressure Seoul stocks gave up a portion of their early gains on Tuesday morning, even as easing military tensions between the United States and Iran lifted global sentiment...

Samsung Launches Android Quick Share AirDrop Compatibility, Launches Car-to-Home Service Android Quick Share and AirDrop Interoperability Seoul, March 23 – Samsung Electronics announced Monday the introduction of compatibility between its Android file-sharing platform Quick Share and Apple’s...

South Korean Stocks Plunge Over 5% as Strait of Hormuz Tensions Trigger Market Shock KOSPI Sees Sharp Selloff Amid Rising Geopolitical Risks Seoul, March 23: South Korean equities witnessed a steep decline on Monday morning, with the benchmark Korea Composite Stock Price Index (KOSPI) falling...

South Korean Stock Market Today: KOSPI Trims Gains as Tech Stocks Weigh Under Foreign Selling Seoul, March 20: South Korean equities pared early gains on Friday morning, with the benchmark KOSPI index turning volatile as heavyweight technology stocks came under pressure due to sustained foreign...

South Korean Stocks Slide Nearly 2 Percent Amid Middle East Tensions and Fed Policy Uncertainty KOSPI Declines as Global and Geopolitical Pressures Weigh on Markets Seoul, March 19: South Korean equities traded sharply lower on Thursday, with the benchmark index nearing a 2 percent decline, as...

South Korean Stocks Slip as Oil Price Volatility Weighs on Investor Sentiment KOSPI Extends Losses Amid US Iran Tensions and Energy Market Uncertainty South Korean stocks traded lower on Thursday morning as investors remained cautious amid continued volatility in global oil prices linked to the...