samsung

According to the Science and Technology Innovation Board Daily, South Korea will launch a single leveraged exchange-traded fund linked to semiconductor giants Samsung Electronics and SK Hynix this Wednesday.Documents released by the Financial Services Commission and the Financial Supervisory Service of South Korea show that eight asset management companies, including Samsung Asset Management, Mirae Asset, Korea Investment, KB, Shinhan, Hanwha, Kiwoom, and Hana Financial, will list a total of 16 single leveraged and inverse ETFs based on Samsung Electronics and SK Hynix in the South Korean stock market. Mirae Asset Securities will also launch two types of ETNs.

The approval voting rate for the preliminary agreement on wages and collective bargaining for 2026 by the largest union of Samsung Group has sharply increased. As a result, expectations for the approval of the agreement are rising. However, due to the significant bonus gap between the semiconductor sector and the equipment experience sector, as well as between the memory and non-memory sectors, discussions about fairness are expected to continue.According to the union, as of 8:29 AM local time on the 25th (7:29 AM Beijing time), out of 57,291 eligible voters, 49,363 have voted on the approval of the preliminary agreement on wages and collective bargaining, resulting in a voting rate of 86.16%. This vote is the final step in determining whether to accept the preliminary agreement reached by both labor and management regarding wages and collective bargaining. The core of the agreement is to allocate 10.5% of the operating performance of the DS department as a special management performance bonus fund, to be paid in the form of treasury stock.Industry insiders believe that members of the DS department, who account for about 80% of all union members, are likely to push the agreement through. As long as a majority of eligible voters participate and a majority of those who vote are in favor, the vote will be finalized. Voting will end at 10 AM on the 27th.

Nomura published a report indicating that AI-driven demand is growing exponentially, while memory supply is limited, suggesting that memory stocks are set for a valuation reassessment. The firm significantly raised the target prices for Samsung Electronics and SK Hynix, with Samsung's target price soaring from 340,000 KRW to 590,000 KRW, and SK Hynix's target price rising from 2,340,000 KRW to 4,000,000 KRW, both rated as "Buy." Nomura stated that as AI semiconductor demand shifts from training to inference workloads, memory demand is entering a period of exponential expansion.In contrast, the firm believes that industry supply growth during the same period may still be constrained to about 5 to 6 times (with a compound annual growth rate of about 30%), raising serious questions about whether the structural supply-demand imbalance can truly be resolved. The firm mentioned that currently, the industry is attempting to narrow this widening supply-demand gap through various software and architectural optimizations, but Nomura believes these solutions can only slow the growth rate rather than reverse the trend.

According to the Korea Herald, a South Korean court partially approved Samsung Electronics' request for an injunction against the union's planned strike. Samsung turned from a decline to an increase, and the South Korean KOSPI index turned positive, reversing a previous decline of 4.68%.

Samsung Electronics' operating profit in the first quarter increased by 756.1% year-on-year, reaching 57.23 trillion won (approximately 38.5 billion USD), setting a new quarterly record. The chip business contributed the majority of the earnings, while revenue grew by 69.2% year-on-year, reaching 133.87 trillion won, and net profit increased by 474.3%, reaching 47.23 trillion won. The Device Solutions division (responsible for its semiconductor business) achieved revenue of 81.7 trillion won, with operating profit reaching 53.7 trillion won.These results far exceeded market expectations. According to data from financial data provider FnGuide, local brokerages had generally expected revenue of 117.13 trillion won and operating profit of 38.12 trillion won over the past month. Samsung Electronics' latest quarterly revenue and operating profit both surpassed the record highs set in the previous quarter (93.84 trillion won and 20.07 trillion won, respectively).

Investment company KKR announced that it has reached a final agreement with Samsung SDS, a blockchain and IT financial services provider under Samsung, to acquire newly issued convertible bonds worth 1.22 trillion won (approximately 820 million USD).Samsung SDS launched digital transformation experience services in 2020, including a blockchain platform, and co-developed a certificate service driven by blockchain technology with Shinhan Bank. Additionally, it serves as a technical advisor for the CBDC pilot project led by the Bank of Korea. It is reported that KKR will provide consulting services in mergers and acquisitions, capital allocation, artificial intelligence products, and global expansion, as well as accelerate the construction of artificial intelligence infrastructure.

According to CCN, major financial holding companies in South Korea are actively collaborating with tech giants such as Samsung Electronics, Naver, and Kakao to seize the country's upcoming stablecoin market.As the Financial Services Commission of South Korea plans to submit a comprehensive stablecoin bill to the National Assembly by the end of 2025, financial groups like KB, Shinhan, Hana, and Woori are accelerating their preparations, hoping to launch the first KRW-pegged stablecoins before the regulatory framework is officially established. Once the bill is passed, it will officially legalize KRW-backed stablecoins and allow banks to issue them either independently or in partnership with private entities.Since building blockchain and payment infrastructure from scratch could take years, banks are choosing to ally with tech giants that already have robust platform ecosystems. KB Kookmin Bank has applied for over 17 trademarks for its "KB KRW" stablecoin and established a dedicated department, while Shinhan Financial Group is trialing KRW-backed tokens on its delivery app. Hana Financial Group has formed a digital asset task force, and Woori Financial Group is collaborating with Samsung Electronics on Samsung Wallet.Despite currently being in a regulatory gray area, domestic stablecoin trading volume in South Korea has surpassed 60 trillion KRW (approximately 41 billion USD) this year, and major financial institutions are eager to establish market credibility early on. By ensuring regulatory compliance through banks and providing convenience and scalability through tech companies, South Korea may create a unique digital currency system.

ChainCatcher news, according to CoinDesk, Samsung has partnered with Coinbase to provide Coinbase One service access to 75 million Galaxy device users in the United States. This is the largest consumer distribution in Coinbase's history and also the biggest move by Galaxy in the crypto space.Users can access Coinbase directly through Samsung Wallet, enjoying zero transaction fees and higher staking rewards without the need to download additional apps or transfer funds. Samsung Pay will also be integrated with Coinbase accounts, supporting the binding of crypto assets for payments. This plan will also expand to international markets in the future.

According to ChainCatcher news, Fnnews reported that Samsung Securities has listed Kakao Pay and NHN KCP as the preferred targets in the Korean won stablecoin sector, raising their target prices by 23.4% and 24.8%, respectively.Samsung Securities pointed out that if South Korea allows non-bank fintech companies to issue stablecoins in the future, large platforms like Kakao Pay will have a significant first-mover advantage and are optimistic about their potential to generate revenue through stablecoin circulation.

ChainCatcher news, according to official sources, Coinbase has announced that Samsung Pay will soon be available as a payment and deposit option, initially launching for users in the United States and Canada. Coinbase users in North America will be able to use Samsung Pay directly within the Coinbase app to top up their cryptocurrency, with plans to expand to more regions in the near future.

ChainCatcher news, TensorOpera AI, another company co-founded by ChainOpera co-founder Salman and Aiden, has reached a strategic partnership with Samsung Electronics, showcasing groundbreaking innovations in multimodal generative AI applications on mobile devices.At CES 2025, TensorOpera AI announced its strategic collaboration with Samsung Electronics to achieve breakthrough applications of multimodal AI on mobile devices based on the Exynos processor. This technology enables low-latency, high-performance AI Agent operations on smartphones by optimizing Android applications and C++ inference pipelines, while ensuring privacy and personalized services.As a company within the ChainOpera ecosystem, TensorOpera shares its founding team and technical architecture, utilizing edge-cloud collaborative technology to reduce AI service costs to 10% of the industry standard. Currently, ChainOpera's AI Terminal has served over a million users, achieving cloud-edge-device three-tier linkage driven by LLM."We are pushing the potential of edge-cloud collaboration to the extreme," said co-founder Salman. The two companies are leveraging a hybrid edge-cloud architecture, combining blockchain and decentralized AI technologies to continuously expand the boundaries of edge intelligence. This collaboration marks a new phase in the large-scale application of mobile AI Agent technology.

ChainCatcher news, according to Cointelegraph, Alchemy Pay's virtual card is now available on Google Pay and is set to launch on Samsung Pay soon, providing users with another seamless way to spend cryptocurrency. Alchemy Pay mentioned in its announcement on October 8 that the new Samsung Pay payment feature will be launched within weeks after the platform completed its integration with Google Pay in September.

ChainCatcher news, Samsung Next, the investment company under Samsung Electronics, officially announced today that it has invested in the Sony Layer2 network Soneium development team Startale Labs.

ChainCatcher news, the decentralized AI blockchain platform Sahara AI announced the completion of a $43 million Series A funding round, led by Binance Labs, Pantera Capital, and Polychain Capital, with participation from Samsung, Matrix Partners, Thailand's Kasikorn Bank, dao5, Alumni Ventures, Geekcartel, Nomad Capital, and Mirana Ventures.It is reported that the new funds will be used to further expand its global team, enhance the performance of its AI blockchain, and accelerate the development of its developer ecosystem.

ChainCatcher news, the DePIN project Roam has recently received investment from Samsung Next after completing a $5 million strategic round of financing at the end of last year. This investment will further promote Roam's construction in the DeWi track ecosystem and the global WiFi roaming network nodes.According to the crypto data platform RootData, as of now, Roam has received investments from institutions such as Anagram, Volt Capital, Comma3 Ventures, ECMC Group, Awesome People Ventures, Stratified Capital, DePIN Labs, Future 3 Campus, IoTeX, ZC capital, JDI, Synergis, and SNZ.

ChainCatcher news, the interoperable blockchain game Illuvium has announced a partnership with Samsung, the largest electronics company in South Korea, to connect the digital world and the physical world. This collaboration will integrate Samsung's technology with the Illuvium universe.

ChainCatcher news, the encrypted social protocol beoble announced the completion of a $2 million Pre-Seed financing round, with participation from DCG, Samsung Next, HashKey Capital, GBV Capital, Token Bay Capital, Momentum 6, and others.It is reported that Beoble is a social module with API and SDK for Web 3.0. With beoble, Web 3.0 services can easily integrate social profiles, messaging, and publish and subscribe social features into their services within 5 minutes.

ChainCatcher news, according to TechCrunch, AI video generation startup Irreverent Labs, founded by former Microsoft executive Rahul Sood, announced the completion of a new round of financing, led by Samsung Next, a subsidiary of Samsung Electronics, with the specific amount not disclosed.According to the crypto data platform RootData, Irreverent Labs announced the completion of a $5 million seed round financing in November 2021, led by a16z. It is an NFT gaming company that is preparing to develop an easy-to-use "play-to-earn" game featuring AI characters.