Samsung CT was awarded an EPC contract to build two power plants for $1.37 billion in Algeria, by Sonelgaz Electricity Production Company (SPE), a subsidiary of the state-owned electricity and gas utility group Sonelgaz. Power facilities will be located in Mostaganem and Nama. The power station in Mostaganem will have an electricity generating capa
Samsung Engineering Co., Ltd. signed the Algeria Timimoun Field Development project worth $800 million USD with Groupement Timimoun (GTIM), a joint venture between Sonatrach, Total and Cepsa.
The signing ceremony was held in Algiers, the capital of Algeria, with the attendance of Samsung Engineering’s President CEO Mr. Park Choong-Heum and Sonatr
Samsung Engineering Co., Ltd. announced on Wednesday that it had received an Award Notification for a $3.8 billion USD Mina Abdullah I refinery of Clean Fuels Project (CFP) from Kuwait National Petroleum Company (KNPC).
The Mina Abdullah I refinery package will be executed by a consortium of Samsung Engineering(43%), UK’s Petrofac(47%) and CBI Net
Samsung Engineering Co. announced on Thursday the award of a $441 million power plant contract from BHP Billiton Chile through the special purpose company KELAR – a consortium of Korean Southern Power Co., Ltd (KOSPO) and Samsung CT Corp.
Samsung SDI, the world leading supplier of lithium ion batteries, has signed a memorandum of understanding to build a car battery factory in Shaanxi Province, China in efforts to expand its presence in what would grow to be the world’s largest market for electric cars.
Samsung Engineering’s CSR program, Eco-generation, in cooperation with Centre for Environment Education (CEE) of India has launched a series of ‘Eco-generation School Kit,’ a comprehensive teaching tool for environmental education.
Samsung Electronics Co., Ltd., today launched its Sochi 2014 Olympic Winter Games mobile app, Wireless Olympic Works (WOW), turning the world’s Android devices into mobile sports stations that fans can use to personalize their own Olympic Winter Games experience.
At Consumer Electronics Show2014, one of the most well-known consumer electronics exhibitions, Samsung Electronicsis planning to unveil the world’s first, largest and most curved 105-inch Curved UHD TV.
Samsung Bioepis and Biogen Idec announced that through their joint venture, Biogen Idec has exercised its right to enter into an agreement to commercialize anti-TNF biosimilar product candidates in Europe, including biosimilars for widely used therapies to treat conditions such as rheumatoid arthritis and Crohn’s disease.
Samsung Heavy Industries announced this week that it has successfully launched the 488-meter-long hull of the Prelude, the world’s first floating liquefied natural gas (FLNG) plant, in setting yet another world record: launching the world’s largest offshore facility.
Samsung SDI, our affiliate specializing in energy storage systems, and ACME, a leader in energy management and innovative solutions for the alternate energy sector with presence in solar power generation, said they have signedan exclusive and strategic agreementto manufacture and market lithium ion batteries (LIBs) in the telecom, solar power, defe
Samsung Electronics released five new and improved software development kits (SDKs) for creating consumer and enterprise apps on its smartphones, tablets and Smart TVs today at the Samsung Developers Conference, our inaugural global developer event taking place on October 28-29 at the Westin St. Francis in San Francisco.
BioLogics and F. Hoffmann-La Roche today announced that they have entered into
a long term strategic manufacturing agreement under which Samsung will
manufacture Roche’s proprietary commercial biologic medicines at its two
manufacturing facilities in Incheon, South Korea, of which one is currently
under construction. Terms of the agree
Samsung Electronics Co., Ltd. today introduced GALAXY ROUND, the world’s first curved display smartphone. Samsung has been
a mobile display innovator by introducing color TFT-LCD, AMOLED, and
Super AMOLED flexible display for its mobile product. With this pioneering curved display technology, GALAXY ROUND blends the latest smartphone screen inn
Samsung Medison, a leading global maker of medical devices, announced that it is showcasing two new ultrasound systems at the 23rd International Society of Ultrasound in Obstetrics and Gynecology (ISUOG) World Congress, taking place this week in Sydney, Australia.
On September 30, 2013, our Samsung CT affiliate announced a strategic partnership with the Vietnamese government to cooperate over Vietnam’s core infrastructure projects, ranging from the construction of power plants and airports and urban development to building the public sector telecommunication infrastructure.
The memorandum of understan
On September 26, 2013, Mobile TeleSystems OJSC, the leading telecommunications operator in Russia and the CIS, and
Samsung Electronics Co., Ltd announced completion of the first stage of MTS LTE network
in Russia’s Pskov region and the beginning of the testing of 4G network services.
By the end of 2013, 4G mobile Internet with data transfer
Samsung Electronics announced its new advanced pixel technology for CMOS image sensors, ISOCELL. This new technology substantially increases light sensitivity and effectively controls the absorption of electrons, resulting in higher color fidelity even in poor lighting conditions. ISOCELL improves the image quality and enhances the user experience
Samsung Life Insuranceannounced on Sept. 4 a strategic alliance agreement with New York Life Investments, a deal that will reinforce the two companies collaborative efforts in the asset management sector.
Cheil Industries, a leading electronic materials company in the display industry, and Novaled AG, a world class provider in OLED technologies and materials, announcedlast weekthat Cheil Industries acquires a majority stake in Novaled in a transaction valuing Novaled at €260 million.
Samsung Electronics, the world leader in advanced memory technology, today announced that it has begun mass producing the industry’s first three-dimensional (3D) Vertical NAND (V-NAND) flash memory, which breaks through the current scaling limit for existing NAND flash technology. Achieving gains in performance and area ratio, the new 3D V-NAND wil
Samsung CT, as a member of the FAST consortium has received a letter of award by the Arriyadh Development Authority (ADA) to oversee the Package III (lines 4, 5, and 6) portion to build a massive subway network in the streets of the Saudi Arabian capital, Riyadh.
The contract includes the design, construction and commissioning of lines 4 (o
SC Electric Europe, Samsung SDI and Younicos have signed a joint agreement to deploy Europe’s largest intelligent network storage project, onto a UK Power Networks substation, saving over £6m on traditional network reinforcement methods. By providing frequency regulation as well as load shifting, the project will also stabilise the grid much more e
Today, we’d like to share with you news that our Samsung Electronics affiliate’s LABGEO IB 10 – the compact and lightweight portable immunity analysis system – proved its excellent performance during the latest pilot project led by the Scottish government.
A consortium composed of Samsung CT, Obrascon Huarte Lain (OHL), and Qatar Building Company (QBC) has been awarded a concession to build the Doha metro’s two “most emblematic” stations for $1.4 billion in Doha, Qatar.
Just yesterday, we shared with you news that our shipbuilding affiliate, Samsung Heavy Industries, won its first order to build jack-up rigs, which are to be the world’s largest. Today, they announced that they have won another order for an FPSO (floating production storage and offloading) unit, also to be the world’s largest.
Samsung Heavy Industries, our shipbuilding affiliate, has won a $1.3 billion order to build the world’s largest jack-up rigs for Statoil, a Norwegian energy company, in marking a successful foray into a rising segment in the industry.
Samsung Electronics announced todaythe opening of the R5 research institute within Samsung Digital City in Suwon, Gyeonggi Province. Oh-Hyun Kwon and JK Shin, co-CEOs of Samsung Electronics, presided over the opening ceremony which was attended by Moon-soo Kim, Governor of Gyeonggi Province; Tae-young Yeom, Suwon City Mayor; and other important dig
Our Samsung Electronics affiliate today announced that global channel sales of its GALAXY S4, a life companion for a richer, fuller, simpler life, has surpassed 10 million units sold in less than one month after its commercial debut. Launched globally on April 27, the phone is estimated to be selling at a rate of four units per second.
Samsung Engineering, the first and largest engineering company in Korea, announced it had received the MEED Quality Awards for Projects, in association with Ernst Young 2013 for its Ma’aden Ammonia Plant.Hosted by MEED, at the Gala Awards ceremony in Abu Dhabi, Samsung Engineering’s Senior Executive Vice President Steve Fludder and Ma’aden’s Direc
Samsung announced today it will establish the Samsung Research Foundation to help foster and invest in technologies in the areas of basic science, materials engineering and information and communications technology (ICT) projects.
The foundation aims to contribute to building and strengthening the infrastructure for innovation and future technolog
Samsung is a global corporate encompassing diverse businesses ranging from electronics, construction,
petrochemicals, finance and more. Founded in 1938, Samsung has worked to make a better world
through our products and services. With 2012 net sales of 303 trillion Korean won,
Samsung is also spearheading efforts to bring innovations in clean energy, healthcare and biotechnology.
Please visit www.samsung.com for more.