South Korea’s top 10 business groups has lost a whopping 184 trillion won (US$163.99 billion) in market capitalization this year. This is largely due to an increasing volatility in the global financial market and concerns over a downturn in major industries, such as memory chip, car and display.Acco
The Korean financial regulator’s recent verdict on the accounting fraud allegations against Samsung BioLogics was part of the Korean government’s campaign to force the Samsung Group to reform its corporate governance, economists asserted at a seminar held on Nov. 27.The seminar was organized by the
Samsung Group saw its market capitalization fall more than 56 trillion won (US$49.47 billion) this year due to the fall in both electronics and biotech shares.According to Seoul-based financial data provider FnGuide on Nov. 18, the combined market value of Samsung Group's 16 listed affiliates ca
The incumbent Korean government appears to have no intention of withdrawing its sword pointed at Samsung Group. Rather it seems to be stepping up its siege of Korea’s largest business group in the name of cleaning up some of its deep-rooted abuses.The latest example of the government’s pressures on
Samsung Group, which has completely removed the cross-shareholding links among its affiliates, is considering when to cancel the 20 trillion won (US$18 billion) worth of treasury shares held by Samsung Electronics.This is part of the group's efforts to strengthen its shareholder friendly policy
Samsung Group is continuing to invest in next-generation car battery and software companies to drive its future growth.According to foreign media reports, including Bloomberg, Solid Power Inc. has attracted an investment worth US$20 million (22.6 billion won) from Samsung Venture Investment Corp., H
South Korean tech behemoth Samsung Electronics Co. has seen its brand value surge to nearly 90 trillion won (US$79.72 billion) this year. The figure was eight times higher than that of the No. 2 firm in South Korea and much higher than the combined amount of the remaining top 10 companies in the nat
As the South Korean stock market shows a greater variability this year in the aftermath of the United States raising interest rates and the trade war between the U,S, and China, there has been keen competition to take the top spots in market capitalization.According to data from local market tracker
As the South Korean government pushes Samsung Group to reform its governance structure, global investors are reducing the share of Samsung stocks in their portfolios.Market watchers say the government’s push for various policies targeting Samsung has raised uncertainties on investment in the stocks
The aggregate market value of Samsung Group shares held by the National Pension Service (NPS) exceeded 40 trillion won (US$36.97 billion) as of the end of last year, according to data from securities companies.The NPS was found to have earned over 8 trillion won (US$7.39 billion) in appraisal profit
Samsung Group’s dilemma is deepening as the South Korean government’s pressure for governance reform is intensifying.The group needs to soft-land the succession of vice chairman Lee Jae-yong and address its complex governance structure as soon as possible. The government and the financial industry t