Journalist

Kim Na-yoon
  • Samsung mandates English for documents between overseas and Korean units
    Samsung mandates English for documents between overseas and Korean units SEOUL, February 02 (AJP) - Samsung’s major overseas units will adopt English as the sole language for documents exchanged both internally and with South Korea-based operations, part of a push to reduce inefficiencies from using multiple languages, the group said on Monday. According to an internal notice, Samsung will require documents shared between domestic and overseas operations at three key affiliates — Samsung Electronics, Samsung Display and Samsung Biologics — to be written exclusively in English. The shift replaces the current practice of using both Korean and English. The policy will take effect next month and is expected to be gradually expanded to other affiliates. Samsung has already promoted English as the standard language for internal reports and meeting materials at overseas units since 2023. Some business divisions have moved ahead of the broader policy. Samsung Electronics’ Device Solutions division, including its foundry business, along with Samsung Biologics and Samsung Bioepis, have reportedly been conducting meetings and preparing documents in English since last year. The move reflects the growing weight of Samsung’s overseas operations. As of the end of 2024, Samsung Electronics employed 137,350 staff outside South Korea, exceeding the 125,297 employees based domestically. The policy aims to streamline communication across Samsung’s global network as its workforce and operations become increasingly international, Samsung officials said. * This article, published by Aju Business Daily, was translated by AI and edited by AJP. 2026-02-02 14:02:18
  • Samsung hosts gala in Washington amid tariff threat from Trump
    Samsung hosts gala in Washington amid tariff threat from Trump SEOUL, January 29 (AJP) -Samsung Electronics Co. hosted a gala event on Jan. 28 at the Arts and Industries Building in Washington, D.C., in partnership with the Smithsonian’s National Museum of Asian Art, to mark the successful run of Korean Treasures: Collected, Cherished, Shared, the first U.S. exhibition of masterpieces from the late Samsung Chairman Lee Kun-hee’s art collection. Main hosts were the Lee founding family, including Hong Ra-hee, Director Emerita of the Leeum Museum of Art, Lee Boo-jin, President & CEO of Hotel Shilla, Lee Seo-hyun, President of Samsung C&T, and Kim Jae Youl, President of Samsung Global Research. Among the 250 guests were Secretary of Commerce Howard Lutnick, Senator Tim Scott, Senator Ted Cruz, Senator Andy Kim, Governor Wes Moore and Ambassador Kang Kyung-wha. Hyundai Motor Group Chairman Euisun Chung also in Washington attended the gala. The event took place amid heightened trade tensions after U.S. President Donald Trump warned of sweeping tariff hikes of up to 25 percent on South Korean exports, citing delays in Seoul’s legislative procedures supporting a bilateral trade agreement reached last year. The timing has drawn attention as Samsung Electronics' Lee was in Washington during the same week, raising questions over whether the tycoon could serve as an informal channel of communication at a sensitive moment in U.S.–Korea trade relations. The tariff issue was underscored Wednesday by remarks from South Korea’s Industry Minister Kim Jung-kwan, who said he would meet Lutnick the following day for talks on Trump’s recent threat to raise so-called “reciprocal” tariffs and additional levies on Korean automobiles, lumber and pharmaceuticals to 25 percent from 15 percent. Speaking upon arrival near Washington, Kim said the Trump administration appeared dissatisfied with the pace of Korea’s domestic legislative process. “As far as I understand, (the Trump administration) appears to be dissatisfied with how the domestic legislative process has been progressing,” he said, adding that Lutnick shared that view. Kim said he planned to “provide sufficient explanation to ensure that there will be no misunderstandings” and to reaffirm Seoul’s commitment to cooperation and investment in the U.S. Under the bilateral agreement, Korea pledged to invest $350 billion in return for Washington lowering reciprocal tariffs to 15 percent. An investment-support bill submitted by the ruling Democratic Party in November has yet to pass the National Assembly, a delay Trump has publicly criticized. Meanwhile, the Washington exhibit featured more than 200 works selected from a personal collection of over 23,000 pieces amassed by the late chairman and was organized jointly by the National Museum of Asian Art, the National Museum of Korea, and the National Museum of Modern and Contemporary Art, Korea. At the gala, Lee thanked the organizing institutions and highlighted Washington as the first stop of the exhibition’s global tour. He also paid tribute to U.S. veterans of the Korean War, crediting their sacrifice with enabling South Korea’s postwar development and the preservation of its cultural heritage. “Memory and history are important to Koreans. That is part of why this exhibit means so much to me,” Lee said. “Despite the hardships of colonial rule and the Korean War, my father and grandfather believed it was their duty to safeguard the future of our culture. It was a tremendous honor to share this collection with you. I believe it’s our small contribution to bringing the American and Korean people closer together.” 2026-01-29 15:26:48
  • Samsung Electronics to Pay 1.3 Trillion Won Special Dividend for Q4 2025
    Samsung Electronics to Pay 1.3 Trillion Won Special Dividend for Q4 2025 Samsung Electronics said on Wednesday it will pay a 1.3 trillion won special dividend tied to its 2025 fourth-quarter results. Under its 2024-2026 shareholder-return policy, Samsung Electronics has been paying about 2.45 trillion won in cash dividends each quarter, or 9.8 trillion won a year. Including the 1.3 trillion won special dividend for the fourth quarter, the quarterly payout will rise to about 3.75 trillion won, bringing total annual dividends to 11.1 trillion won. The dividend per share for the fourth quarter will increase to 566 won in 2025 from 363 won in 2024. The annual per-share total will rise to 1,668 won from 1,446 won over the same period. Samsung Electronics’ last special dividend was in the fourth quarter of 2020, when it paid 10.7 trillion won in addition to regular dividends. The company’s move is seen as expanding shareholder returns beyond its prior dividend commitment, as the government pushes measures to boost shareholder value, including a separate tax system for dividend income introduced this year after revisions to tax law. Under the separate dividend-income tax, shareholders of listed companies that meet the legal definition of “high-dividend listed firms” can be taxed at a lower top rate of 30%, instead of the regular comprehensive income tax’s top rate of 45%. The separate tax rates are 14% on dividend income up to 20 million won; 20% on 20 million won to 300 million won; 25% on 300 million won to 5 billion won; and 30% on amounts above 5 billion won. The fourth-quarter special dividend will also be joined by Samsung Electro-Mechanics, Samsung SDS and Samsung E&A, the report said. Separately, Samsung Electronics has also sought to raise shareholder value through share buybacks and cancellations. From November 2024 to September 2025, it plans to buy back a total of 10 trillion won in its own shares and cancel 8.4 trillion won worth, with the remainder expected to be used for employee compensation.* This article has been translated by AI. 2026-01-29 08:15:26
  • Samsung Electronics Posts 333.6 Trillion Won in Annual Revenue as Memory Lifts Results
    Samsung Electronics Posts 333.6 Trillion Won in Annual Revenue as Memory Lifts Results Samsung Electronics said in a regulatory filing Thursday that its fourth-quarter consolidated revenue rose to 93.8374 trillion won and operating profit totaled 20.0737 trillion won. Operating profit surged 209.17% from a year earlier. For the year, revenue came to 333.6059 trillion won and operating profit reached 43.6011 trillion won. Samsung said results were driven by its Device Solutions (DS) division, citing expanded sales of high-margin products such as high-bandwidth memory (HBM) and rising memory prices. The company said it posted record quarterly revenue and operating profit. It also pointed to stronger sales of higher-value products, including server DDR5 and enterprise SSDs, alongside higher memory prices. In foundry, Samsung said it began ramping mass production of a first-generation 2-nanometer product and saw revenue rise on strong demand from customers in the United States and China, but profitability gains were limited due to provisions-related costs. The Device Experience (DX) division, which leads the mobile business, posted an 8% revenue decline from the third quarter as the boost from new smartphone launches faded. DS revenue, however, rose 33% from the prior quarter, helping lift overall results, the company said. Samsung said it spent 10.9 trillion won on research and development in the fourth quarter and a record 37.7 trillion won for all of 2025, continuing investment to secure future technologies.* This article has been translated by AI. 2026-01-29 08:00:00
  • Samsung Electronics Reports 333.6059 Trillion Won in 2025 Revenue, Up 23.82%
    Samsung Electronics Reports 333.6059 Trillion Won in 2025 Revenue, Up 23.82% * This article has been translated by AI. 2026-01-29 07:45:00
  • Samsung Electronics Reports 43.6 Trillion Won in 2025 Operating Profit, Up 33%
    Samsung Electronics Reports 43.6 Trillion Won in 2025 Operating Profit, Up 33% * This article has been translated by AI. 2026-01-29 07:42:01
  • Samsung Electronics reports 4Q revenue of 93.84 trillion won, up 23.8%
    Samsung Electronics reports 4Q revenue of 93.84 trillion won, up 23.8% * This article has been translated by AI. 2026-01-29 07:42:00
  • Samsung Electronics Reports 20 Trillion Won in Q4 Operating Profit, Up 209%
    Samsung Electronics Reports 20 Trillion Won in Q4 Operating Profit, Up 209% * This article has been translated by AI. 2026-01-29 07:39:16
  • Samsung Electro-Mechanics sets 2025 profit-sharing bonus at 5%-6% of salary as Samsung affiliates finalize payouts
    Samsung Electro-Mechanics sets 2025 profit-sharing bonus at 5%-6% of salary as Samsung affiliates finalize payouts Samsung Electro-Mechanics has decided to pay an excess profit incentive (OPI) worth 5% to 6% of annual salary based on last year’s results, effectively wrapping up performance-bonus decisions across major Samsung electronics affiliates, including Samsung Electronics. According to the industry on Tuesday, Samsung Electro-Mechanics announced its 2025 OPI payout rates in an internal notice. The Component Business Division, which leads the multilayer ceramic capacitor (MLCC) business, will receive 6%, as will the Optical Solution Business Division. The Package Solution Business Division will receive 5%. The payout is scheduled for Thursday. Earlier Tuesday, Samsung Display also finalized its OPI. It set the rate at 36% — the top end of the 32% to 36% range forecast late last month — and will apply it across all divisions. OPI is paid once a year when a business unit exceeds targets set at the start of the year. It can be worth up to 50% of an employee’s annual salary, within a cap of 20% of excess profit. Along with the target achievement incentive (TAI), it is one of Samsung Electronics’ main bonus programs. Samsung Electronics was the first to set its OPI rates, doing so on Jan. 16. In its Device Solutions (DS) division, which oversees semiconductors, most units — including memory, System LSI and foundry — were set at 47% of annual salary. The company said sales rose sharply across memory products last year, including high-bandwidth memory (HBM) and commodity DRAM, helping results recover from the second half. In the fourth quarter, Samsung Electronics posted quarterly operating profit of 20 trillion won for the first time since its founding. By contrast, OPI for 2024 was set at 14% amid weak semiconductor performance, and it was set at 0% in 2023. The Device Experience (DX) division, which leads the mobile business, was set at 50%, reflecting strong sales of the Galaxy S25 series and the Galaxy Z Fold/Flip7 last year. OPI for the Visual Display (VD) unit, which oversees TVs, and for the Digital Appliances (DA), network and medical device units was set at 12%. Management support, Harman, the mutual growth cooperation center and the global customer service center will receive 39%, while the production technology research institute will receive 36%.* This article has been translated by AI. 2026-01-28 19:06:00
  • Samsung C&T Posts 29.6% Jump in Q4 Operating Profit to 822.2 Billion Won
    Samsung C&T Posts 29.6% Jump in Q4 Operating Profit to 822.2 Billion Won Samsung C&T said in a regulatory filing Tuesday that its fourth-quarter operating profit rose 29.6% from a year earlier to 822.2 billion won on a consolidated basis. Revenue increased 8.4% to 10.8324 trillion won. Net profit surged 137.6% to 1.5582 trillion won. For the full year, revenue totaled 40.7422 trillion won and operating profit was 3.2927 trillion won. Compared with the previous year, revenue fell 3.2% while operating profit rose 10.4%. Samsung C&T said it maintained solid results despite growing global uncertainty and shifts in the business environment, citing a diversified portfolio and competitiveness across its divisions. By business segment, the construction unit posted weaker results as large projects, including high-tech work, moved into completion stages. The trading unit lifted revenue by expanding sales despite the spread of protectionism, but operating profit edged down. The fashion unit saw a slight rise in revenue, but operating profit declined due to higher costs including marketing. The resort unit reported higher revenue on expanded food service and food-and-beverage distribution.* This article has been translated by AI. 2026-01-28 16:13:11