Latest Korea Investment & Securities Co. News & Updates

Samsung Electronics Expects Record Operating Profit in First Quarter

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Seoul, April 7 (IANS) Samsung Electronics on Tuesday estimated its first-quarter operating profit to have surpassed 50 trillion won ($33.1 billion) for the first time, driven by strong demand for premium memory chips from the artificial intelligence (AI) industry.The South Korean tech giant projected an operating profit of 57.2 trillion won for the January-March period, surging from 6.61 trillion won a year earlier, according to earnings guidance released by Samsung Electronics.The operating pro…

Non-listed Companies and Startups Lead AI Innovation in South Korea’s Finance Sector

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Seoul, Feb 17 (IANS) Nearly 7 out of 10 patent applications filed in South Korea for investment-related artificial intelligence (AI) came from non-listed companies and startups, a report showed on Tuesday, suggesting venture firms are leading the AI transformation in the finance sector.According to a report from the Korea Capital Market Institute, 67 percent of patent applications for financial investment-related AI were filed by local Software as a Service, or SaaS, companies, reports Yonhap ne…

South Korea Brokerage Houses Report Record Earnings Amid Stock Market Surge

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Seoul, Feb 15 (IANS) South Korea’s major brokerage houses racked up record earnings last year on the back of a bull run on the local stock market, industry data showed on Sunday.The combined net profit of the country’s 27 securities firms is estimated at 10.23 trillion won (US$7.03 billion) for 2025, sharply up from the previous year’s 6.97 trillion won, reports Yonhap news agency.Korea Investment & Securities Co. posted the biggest net income of 2.01 trillion won last year, up 79 per cent f…

Samsung Electronics Reports Record Operating Profit in Fourth Quarter

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Seoul, Jan 8 (IANS) Samsung Electronics on Thursday reported a record-breaking operating profit for the fourth quarter, touching the 20 trillion-won ($13.8 billion) mark for the first time, driven by a supercycle in the chip industry.The fourth-quarter operating profit marked a more than 200 percent rise from a year earlier, the company said in a preliminary earnings report.If confirmed, it would mark the first time for the company’s quarterly earnings to reach the 20 trillion-won level, reports…