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Samsung heirs should take big tax burden Samsung Electronics Vice Chairman Lee Jae-yong and other Samsung heirs have to pay more than $10 billion in the inheritance tax, according to the CXO Institute this week. The Korean business tracker said that...
New smartphone will be launched next month Samsung Electronics is expected to disclose its flagship smartphone, the Galaxy S21, next month, possibly with a stylus, according to the firm’s mobile division leader President Roh Tae-moon, who leads the smartphone division, also...
Biopharmaceutical giant to focus on CDO business Samsung BioLogics, a biopharmaceutical affiliate of South Korean conglomerate Samsung Group, launched its first overseas research and development center in San Francisco on Oct. 29. The Incheon-based outfit, west of Seoul, said that the...
Korean conglomerate becomes world's top 5 brand No other Korean countries have achieved the exploit _ Samsung has become one of the best five brands in the world, according to a recent announcement of U.S. consultancy Interbrand. Samsung’s value was...
Virus pandemic does not chip away at bottom lines of big firms Due to the virus pandemic this year, most South Korean companies are struggling to find their feet because consumers are less ready to spend. But not all players...
Korean bio company signs $331 million deal Samsung BioLogics said on September 22 that the South Korean firm had signed a contract manufacturing organization (CMO) deal with Astra Zeneca, which is valued at least $330.8 million. Samsung said that the contract...
Leading amusement park tries to offer differentiated services Located in Yongin, approximately 40 kilometers southeast of Seoul, Everland is the biggest amusement park of the nation. Its best-known attraction would be Caribbean Bay and Safari World, to name but a...
New devices will come up with iconic purple heart design Samsung Electronics on June 15 took the wraps off the BTS-themed smartphones, dubbed the Galaxy S20+ BTS Edition, to attract global fans of the seven-piece K-pop superstar. The Seoul-based company also...
Two Korean companies enter into agreement for new drug Samsung BioLogics, South Korea’s first-tier biosimilar company, teams up with STCube to develop and manufacture an anti-cancer drug candidate, dubbed STT-003 antibody. The Incheon-based outfit announced on March 3 that under the...
State-of-the-art facilities disclosed in Australia Samsung Electronics took the wraps off its Onyx screen in Australia at HOYTS Entertainment Quarter in Moore Park, Sydney, the tech giant recently said. The Seoul-based company said that the new installment features its latest 14-meter...

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