Samsung E&A announced on the 3rd that it has won a 2.478 trillion KRW ($1.76 billion) contract to construct a methanol plant in the United Arab Emirates (UAE). The contract includes the engineering, procurement, and construction (EPC) of a plant capable of producing 5,000 tons of methanol per day in the TA'ZIZ industrial complex within the Ruwais Industrial Zone. The project was awarded by Abu D..

On the 5th, Samsung Electro-Mechanics announced that it has developed an ultra-compact, high-voltage multilayer ceramic capacitor (MLCC) for autonomous vehicles, positioning itself to expand in the high-performance automotive electronics market. MLCCs are components that regulate and stabilize electric currents in electronic circuits. They are widely used in smartphones, PCs, IT devices, home ap..

Samsung Biologics has surpassed 82 trillion KRW in market capitalization, overtaking LG Energy Solution to become the third-largest publicly traded company in South Korea. According to the Korea Exchange on the 9th, Samsung Biologics closed at 1.16 million KRW per share on the 7th, up 71,000 KRW (6.52%) from the previous trading session. With a market cap of 82.56 trillion KRW, the company has s..

Samsung Biologics announced on January 22 that it recorded KRW 4.55 trillion in revenue and KRW 1.32 trillion in operating profit on a consolidated basis last year. Revenue increased by 23%, and operating profit grew by 19% compared to the previous year. The company attributed the strong performance to increased sales from its fourth plant, full-capacity operation of its first to third plants, a..

Samsung Heavy Industries (SHI) is expected to kick off its first order of the year with a Floating Liquefied Natural Gas (FLNG) production and storage facility. According to industry sources on the 16th, SHI is likely to secure an order for the Coral Sul FLNG 2 project in Mozambique as early as this month. SHI had previously built the Coral Sul FLNG 1 for the same project and is currently workin..