News

Samsung to Establish Foundation for Future Technology Development

  • May 13 2013 at 2:40 AM Permalink 1 Comments
  • 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
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Samsung C&T Wins EPC Order for Roy Hill Project in Australia

  • March 28 2013 at 6:05 AM Permalink 0 Comments
  • Samsung CT has been appointed by Roy Hill Holdings Pty Ltd (“Roy Hill”) as the EPC (engineering, procurement and construction) Contractor for the infrastructure portion of the Roy Hill Project located in Western Australia. Roy Hill is an AUD$10 billionmassive iron ore mine project at a 2.4billionton iron ore deposit in Pilbara region with first ore
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Samsung Electronics Appoints New Co-CEOs

  • March 15 2013 at 4:24 AM Permalink 0 Comments
  • Samsung today announced the appointment of President Boo-keun Yoon and President J.K. Shin as co-CEOs of Samsung Electronics Co., Ltd. following the company’s annual general shareholders’ meeting.
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Samsung Engineering Signs Fertilizer Plant Deal in Azerbaijan

  • March 14 2013 at 8:24 AM Permalink 0 Comments
  • Samsung Engineering, the first and largest engineering company in Korea, officially signed a contract, worth $650 million (€498 million), with State Oil Company of Azerbaijan Republic (SOCAR), Azerbaijan’s state-owned company, for the SOCAR Ammonia and Urea Complex project.
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Samsung SDI and Xtreme Power to Develop Innovative Energy Storage Solutions

  • February 22 2013 at 4:44 AM Permalink 1 Comments
  • Samsung SDI and Xtreme Powerthis week announced that they have been selected by the Center for the Commercialization of Electric Technologies (CCET) to install a 1MW/1MWh Lithium Ion based Battery Energy Storage System (BESS) system at the Reese Technology Center in Lubbock, Texas as part of a Smart Grid Demonstration Project (SGDP).
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Samsung Bioepis and MSD Enter Biosimilar Development and Commercialization Agreement

  • February 21 2013 at 4:36 AM Permalink 0 Comments
  • Samsung Bioepis Co., Ltd. and MSD, known as Merck in the United States and Canada, announcedon February 20they have entered into an agreement to develop and commercialize multiple pre-specified and undisclosed biosimilar candidates. “Samsung Bioepis has been building the capabilities needed to develop high-quality biosimilars,” said Christopher Han
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Samsung Engineering Awarded Iraq Gazprom Badra GSP Contract

  • February 6 2013 at 11:53 PM Permalink 0 Comments
  • Samsung Engineering, the first and largest engineering company in Korea, has officially announced its contract award from Gazprom Neft, a subsidiary of Gazprom, one of Russia’s largest oil and gas companies. The $879 million contract covers engineering, procurement and construction (EPC) for the Gas Separation Plant (GSP) on a lump sum turnkey basi
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Samsung Acquires Medical Imaging Company – NeuroLogica

  • January 29 2013 at 2:34 AM Permalink 0 Comments
  • Samsung Electronics America, Inc., a subsidiary of Samsung Electronics Co. Ltd, today announced its acquisition of NeuroLogica, a leading Computed Tomography (CT) company headquartered in Danvers, Massachusetts.
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Samsung Engineering Seals Major Yanbu 3 Power Deal in Saudi Arabia

  • December 20 2012 at 5:12 AM Permalink 1 Comments
  • Samsung Engineering and consortium partners Al Toukhi and Shanghai Electric met todaywith Saline Water Conversion Corporation (SWCC) to officially sign the $3 billion USD contract for the Yanbu Power Plant Phase 3 project in Saudi Arabia.
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Major Semiconductor Investment to Continue at Samsung's Austin Facility

  • December 17 2012 at 12:04 AM Permalink 1 Comments
  • Samsung Austin Semiconductor LLC announced last week that a $4 billion investment at its Austin, Texas, site is on schedule for production of state-of-the-art mobile application processors within the second half of 2013.
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Samsung Promotes Jay Y. Lee to Vice Chairman

  • December 5 2012 at 4:31 AM Permalink 0 Comments
  • Samsung on November 5announced the promotion of Jay Y. Lee to Vice Chairman of Samsung Electronics Co., Ltd. from President and Chief Operating Officer as part of executive leadership change to lead Samsung’s future growth.
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Samsung Showcases New Medical Devices and Technology in U.S.

  • November 28 2012 at 2:15 AM Permalink 1 Comments
  • Samsung Medison, a leading global medical devices company, is taking part in the RSNA (Radiological Society of North America) 2012, held in McCormick Place, Chicago from Nov. 25 through 30, in the biggest scale thus far. This is the first show in the U.S. highlighting a full line up of medical devices together with Samsung Electronics, which is a t
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Samsung Announces Measures for Working Conditions at Supplier Factories in China

  • November 26 2012 at 2:48 AM Permalink 1 Comments
  • Samsung Electronics Co. holds itself and its supplier companies to the highest standards. In response to China Labor Watch’s reports on our suppliers, we conducted an audit over a four-week period in September of 105 suppliers that manufacture Samsung products in China, covering more than 65,000 employees.
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Samsung Signs Sponsorship Agreement for the 17th Asian Games Incheon 2014

  • November 8 2012 at 7:45 AM Permalink 0 Comments
  • Our Samsung Electronics affiliateannounced today that it signed a sponsorship agreement for the17th Asian Games Incheon 2014.
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Samsung GALAXY S III Achieves 30 Million Sales in Five Months

  • November 5 2012 at 1:27 AM Permalink 5 Comments
  • Samsung Electronics Co., a global leader in digital media and digital convergence technologies, announcedyesterday the GALAXY S III has surpassed 30 million global sales in approximately five months since its debut in May.
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Samsung Engineering Signs Major Refinery Revamp With Luberef

  • October 22 2012 at 5:20 AM Permalink 0 Comments
  • Samsung Engineering , the first and largest engineering company in Korea, announced it had been formally awarded the Yanbu refinery expansion project from Luberef (Saudi Aramco Lubricating Oil Refining Company) on Oct.20 in Dhahran, Saudi Arabia. Luberef’s President and CEO Ali A. Al-Hazmi met with Samsung Engineering’s Executive Vice President of
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Samsung Heavy Industries to Build Korea’s First Offshore Wind Farm

  • October 16 2012 at 6:03 AM Permalink 0 Comments
  • Samsung Heavy Industries announced this week that it will build a wind farm off the coast of Jeju Island in Korea, in cooperation with Korea Southern Power Co. (KOSPO). The wind farm with a capacity to generate 84 megawatts of electricity will be Korea’s first offshore wind farm.
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Samsung Breaks Ground for Memory Manufacturing Complex in China

  • September 12 2012 at 8:24 AM Permalink 0 Comments
  • Samsung Electronics Co., Ltd., a global leader in memory semiconductor technology, today held a groundbreaking ceremony for a major new memory fabrication line in Xian, China. Once completed, the new facility will make use of advanced 10-nanometer (nm)-class* technology in producing NAND flash memory chips, a critical component powering IT and mobi
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Regarding Samsung’s Action Plans to Review Working Conditions at Chinese Factories

  • September 4 2012 at 12:57 AM Permalink 0 Comments
  • The following are audit results regarding a field audit Samsung Electronics made into working conditions at an HEG Electronics facility in Huizhou, China, which is a supplier to the company. These audits were conducted in August 2012 in response to a report by China Labor Watch. Samsung Electronics also outlined actions we will take as a result of
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[Internal Memo] Regarding the Jury Verdict in California

  • August 27 2012 at 5:43 AM Permalink 7 Comments
  • On Friday, August 24, 2012, the jury verdict in our trial against Apple was announced at the US District Court for the Northern District of California. The following is an internal memo that reflects Samsungs position regarding the verdict that has originally been posted on Samsung Electronics English-language blog Samsung Tomorrow:
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Samsung Austin Semiconductor Announces $4 Billion Investment

  • August 22 2012 at 6:47 AM Permalink 1 Comments
  • Samsung Austin Semiconductor LLC announced that it plans to invest about $4 billion to meet the rapidly growing demands for logic products. The funds will be used to renovate its existing fabrication operations to accommodate full System LSI production. The remodeled fabrication line will mainly produce state-of-the-art mobile SoCs on 300mm wafer
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Samsung and Osram Reach Global Settlement over LED Patent Suits

  • August 17 2012 at 8:22 AM Permalink 0 Comments
  • Samsung Electronics Co., Ltd. and OSRAM AG and have reached an agreement to settle all patent suits between them worldwide. The patent suits have been filed in various countries amongst others Germany, South Korea and in the United States of America. The parties will dismiss all suits as expeditiously as possible, with a settlement consequently exp
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Cheil Worldwide Expands Network in China With Acquisition of Bravo Asia

  • August 16 2012 at 9:17 AM Permalink 0 Comments
  • Cheil Worldwide, our advertising affiliate,announced this week the acquisition of Bravo Asia, a boutique advertising agency with offices in Shanghai and Hong Kong.
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Samsung Engineering Enters Latin America with Bolivia Fertilizer Plant Award

  • August 14 2012 at 7:14 AM Permalink 0 Comments
  • Samsung Engineering announced today that it had received a notification of award (NOA) for an $843 million fertilizer plant from Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivia’s state-owned oil company. It is a historic project order for Samsung Engineering as it marks its first entry into Latin America. The fertilizer plant will be
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Samsung Electronics and CSR Announce Strategic Partnership

  • July 17 2012 at 7:36 AM Permalink 1 Comments
  • Samsung Electronics, a world leader in advanced semiconductor solutions, and CSR, a global leader in wireless connectivity and location technologies, today announced a strategic collaborative relationship by aligning their respective business visions, investments and key technologies.
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Samsung Display Newly Established as World’s Largest Display Manufacturer

  • July 2 2012 at 5:49 AM Permalink 0 Comments
  • Samsung Display Co., Ltd., a global leader in display panel technologies and products, announced today that it has begun conducting business as a newly merged corporation with Samsung Mobile Display and S-LCD corporations.
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Samsung Engineering Wins Kazakhstan Power Plant Project from BTPP

  • June 26 2012 at 3:26 AM Permalink 0 Comments
  • Samsung Engineering, the largest engineering company in Korea, announced today that the company was awarded a contract in Kazakhstan from Balkhash Thermal Power Plant (BTPP), worth $2.1 billion. Samsung Engineering’s Executive Vice President Kim Dong-Woon attended the signing ceremony in Astana, Kazakhstan.
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Samsung Engineering Lands Major Carbon Black Project in UAE

  • June 22 2012 at 3:36 AM Permalink 0 Comments
  • Samsung Engineering, the first and largest engineering company in Korea, announced today that it has received a letter of award (LOA) for a carbon black and delayed coker unit (CBDC) from TAKREER, a subsidiary of Abu Dhabi Oil Refining Company (ADNOC). Valued at $2.47 billion, it is the eighth order received in five years from ADNOC, the national o
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Touching the Lives of Algerians By Offering Medical Assistance

  • June 14 2012 at 5:19 AM Permalink 1 Comments
  • Hi Samsung Village readers! My name is Dohee Lee, an associate at Samsung Engineering, and today I’d like to share with you a heartwarming experience I had in a country far, far away from Korea where I live: Algeria.
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Samsung Electronics Names New CEO

  • June 7 2012 at 11:01 AM Permalink 1 Comments
  • Samsung Electronics Co., Ltd. today named Vice Chairman Oh-Hyun Kwon as its new CEO.
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Samsung Mobile Display Produces 200 Million AMOLED Panels

  • June 4 2012 at 7:52 AM Permalink 2 Comments
  • Samsung Mobile Display, our display solution affiliate, announced today that it has produced 200 million AMOLED (Active Matrix Organic Light Emitting Diode) panels in just over five years since mass production began in January 2007.
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Students in Vietnam Get Libraries of Hope as Part of Samsung Campaign

  • May 29 2012 at 7:31 AM Permalink 0 Comments
  • Samsung and Global Civic Sharing (GCS), a Seoul-based development NGO,earlier this monthheld a ceremony in Vietnam’s northern province of Bac Nihn to mark the opening of two special libraries.
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Samsung Engineering Honored with MEED Quality Award

  • May 24 2012 at 9:00 AM Permalink 0 Comments
  • Samsung Engineering announced this week it had received the honor of “National Winner for Bahrain in MEED Quality Awards for Projects 2012” for its instrumental role in the successful execution of the Bahrain Bapco Lube Base Oil Plant (LBOP). At the award ceremony held at The Westin Abu Dhabi Golf Resort Spa, MEED officially recognized Samsung En
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Samsung Electronics Presents a New Graphene Device Structure

  • May 18 2012 at 9:17 AM Permalink 1 Comments
  • Samsung Advanced Institute of Technology, the core RD incubator for our Samsung Electronics affiliate, has developed a new transistor structure utilizing graphene, touted as the “miracle material.”
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Samsung SDS Advances Into Middle East With ‘Smart Convergence’

  • May 8 2012 at 2:54 AM Permalink 0 Comments
  • Samsung SDS announced on May 7 it will take part in Saudi Aramco’s King Abdulaziz Center for World Culture project, providing Digital Space Convergence (DSC) solutions to develop, build and manage IT systems for the center’s key facilities.
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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 2011 net sales of 273 trillion Korean won, Samsung is also spearheading efforts to bring innovations in clean energy, healthcare and biotechnology. Please visit www.samsung.com for more.