Capital gains tax on stock sales to be widened from April 2018

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LG Innotek to build new camera module factory in Vietnam

[THE INVESTOR] Electronic components firm LG Innotek said July 28 that it would invest US$ 230 million by 2018 to build a camera module factory in Haiphong, the third largest city of Vietnam.The compa...

Updated : 2016.07.28 14:58

Samsung pins high hopes on Galaxy Note 7 launch

[THE INVESTOR] Samsung Electronics is pinning high hopes on its upcoming Galaxy Note 7 smartphone with a curved screen that will debut on Aug. 2 in New York, London and Rio de Janeiro. “Like its Galaxy S7 sibling that is receiving positive market reviews, the Galaxy Note 7 will meet marke...

Updated : 2016.07.28 13:56

Samsung bets on 10-nanometer chip technology

[THE INVESTOR] Samsung Electronics said in its second-quarter conference call on July 28 that it would for the time being focus on rolling out 10-nanometer semiconductors rather than moving onto still...

Updated : 2016.07.28 11:57

Samsung Galaxy S7 Edge outsells its flat-screen sibling

[THE INVESTOR] Samsung Electronics said on July 28 that sales of the curved-screen Galaxy S7 Edge made up more than 50 percent of its total flagship S7 sales in the April-June period. The Korean tech ...

Updated : 2016.07.28 11:41

Samsung far outpaces Apple in smartphone shipments

[THE INVESTOR] Samsung Electronics said on July 28 it has shipped about 90 million handsets in the April-June period with smartphones making up more than 80 percent of the total. Samsung’s second-qua...

Updated : 2016.07.28 11:24

Galaxy S7 drives up Samsung’s Q2 profit

[THE INVESTOR] Samsung Electronics said July 28 that its operating profit increased 18 percent on-year to 8.14 trillion won (US$7.19 billion) in the April-June period on the back of strong sales of t...

Updated : 2016.07.28 10:08

Naver’s Q2 earnings surge 44% on upbeat overseas sales

[THE INVESTOR] South Korean Internet giant Naver on July 28 posted its second-quarter operating profit of 272.7 billion won (US$240 million), up 44 percent from a year ago, largely buoyed by soaring o...

Updated : 2016.07.28 09:59

Samsung inks patent licensing deal with Valencell

[THE INVESTOR] Samsung Electronics has recently inked a patent licensing deal with US-based biometric sensor developer Valencell in a move to further expand its presence in the soaring health care wea...

Updated : 2016.07.27 17:44

LINE swings into black

[THE INVESTOR] LINE, the Tokyo-headquartered mobile messenger operator, said on July 27 that the company’s operating profit improved in the April-June period thanks to strong sales in its ad and medi...

Updated : 2016.07.27 16:36

LG Innotek suffers W34b operating loss in Q2

[THE INVESTOR] LG Innotek, the electronics parts unit of LG Group, suffered an operating loss of 34 billion won (US$30 million) in the April-June period, the company said in its quarterly earnings rep...

Updated : 2016.07.27 16:34

SK Telecom steps up development of advanced AR, VR tech

South Korean network operator SK Telecom said Wednesday it has partnered with Israel-based 3-D sensor processing developer Inuitive Ltd. to step up its development of solutions based on augmented and ...

Updated : 2016.07.27 16:14

LG to invest W2tr in OLEDs

LG Display’s latest plan to make an additional investment in plastic organic light-emitting diodes indicates that Samsung and LG would be double vendors for Apple’s new iPhone to be unveiled in 2018...

Updated : 2016.07.27 16:13

Naver to spin off mobile video messaging app Snow

South Korean Internet giant Naver said Wednesday that it will spin off its mobile video messaging app Snow as an independent company next month, encouraged by the app’s surging popularity across Asia...

Updated : 2016.07.27 16:08

Samsung narrows profit margin gap with Apple

[THE INVESTOR] Samsung Electronics has narrowed its operating profit margin gap with archrival Apple, with the figure reducing to the lowest-ever 7.62 percent in the second quarter. This is the first ...

Updated : 2016.07.27 16:01

Samsung, SK hynix to spend more on chips for self-driving cars

[THE INVESTOR] Korean chipmakers Samsung Electronics and SK hynix are pouring more resources into producing chips for self-driving cars amid their slowing sales in key sectors such as PCs. SK hynix, t...

Updated : 2016.07.27 15:20