Samsung C&T Corporation operates in engineering and construction, trading and investment, fashion, and resort businesses across South Korea, Europe, the Middle East, Africa, the Asia Pacific, and the Americas. Its engineering and construction business covers building, civil infrastructure, plant, and housing construction. The trading and investment business deals in chemicals, steel products, energy resources, and industrial materials, while the fashion business offers men's and women's clothing under brands including GALAXY, BEANPOLE, KUHO, LEBEIGE, and 8 Seconds. The company also operates theme parks, water parks, golf clubs, and landscaping, and was formerly known as Cheil Industries Inc. before changing its name to Samsung C&T Corporation in September 2015. Founded in 1938, it is headquartered in Seoul, South Korea.
Arbitral Tribunal Reaffirms Korea's Liability to Elliott in 2015 Samsung Merger, Award Now About US $113 Million
An arbitral tribunal under the U.S.-Korea Free Trade Agreement issued a supplemental award reaffirming that the Republic of Korea's corrupt manipulation of a shareholder vote to approve the 2015 Samsung merger breached the Treaty and caused Elliott's losses. The Tribunal reinstated the relief previously awarded to Elliott in June 2023 and added the costs of the unnecessary proceedings caused by the ROK, bringing the total to approximately US $113 million in damages, interest, and legal fees and costs, an increase of US $18.9 million including the ROK's own legal costs. The original June 2023 award found that the ROK breached the Treaty when its Presidential Blue House and the Ministry of Health and Welfare directed the National Pension Service's decision to approve the 2015 merger of Samsung C&T and Cheil Industries, causing Elliott substantial damages as a minority shareholder of Samsung C&T. After the ROK challenged the Award in the English Court on a purely technical jurisdictional basis, the English Court remitted the case to the Tribunal, which found that but for the ROK's unlawful intervention the NPS would have voted against the merger regardless of the NPS's legal status. Elliott said interest has been accruing for more than 11 years since the breach and will continue at a rate of more than US $10,000 every day, and it hopes the ROK will finally honor the Award.
Elliott Investment Management L.P. · Regulation · Positive Arbitral tribunal reaffirmed Korea's liability and reinstated/expanded Elliott's award to about US $113 million plus accruing interest.
028260.KO · Regulation · Neutral Samsung C&T's 2015 merger is the backdrop; the tribunal found Korea unlawfully intervened in the NPS vote, but no new impact on Samsung C&T today.
Samsung and affiliates commit $1B to KKR- and Nvidia-backed Helix
Samsung Electronics and its affiliates will jointly invest $1B in Helix Digital Infrastructure, the AI infrastructure company launched by KKR with backing from Nvidia. Samsung Electronics said Tuesday it will put in $500M, with Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance, and Samsung Fire & Marine Insurance contributing the remainder. The deal lets Samsung draw on capabilities across its affiliates, from semiconductors and cooling systems to data center construction and batteries, as the group looks to expand its role in the global AI infrastructure buildout. Helix, launched in June, is led by Adam Selipsky, the former CEO of Amazon Web Services, and counts KKR, the Kuwait Investment Authority, Nvidia, and U.S. power company Vistra as founding investors. KKR said the new investment comes on top of the more than $10B of funds already committed to the company. Samsung Electronics shares rose 2.13% Tuesday morning, while the benchmark Kospi index fell 0.53%.
Artificial Intelligence › AI Compute & Accelerator Silicon Capital
005930.KO · Capital · Positive Samsung Electronics commits $500M to Helix as part of a $1B group investment to expand its AI infrastructure role.
006400.KO · Capital · Positive Samsung SDI contributes part of the $1B investment in Helix, expanding its role in AI infrastructure via batteries.
018260.KO · Capital · Positive Samsung SDS contributes part of the $1B investment in Helix, drawing on data center capabilities.
028260.KO · Capital · Positive Samsung C&T contributes part of the $1B investment in Helix, leveraging data center construction capabilities.
032830.KO · Capital · Positive Samsung Life Insurance contributes part of the $1B investment in Helix.
KKR · Capital · Positive KKR's Helix Digital Infrastructure receives a new $1B investment from Samsung and affiliates, on top of $10B already committed.
Kairos Power taps Samsung C&T for Google reactor in deal worth up to $100M
Kairos Power has selected engineering firm Samsung C&T to help build its 50 megawatt demonstration reactor for Google, a project the nuclear startup aims to complete by 2030. Under the deal announced Monday, Samsung C&T will make an equity investment in Kairos and provide in-kind engineering services, together worth up to $100 million, with the equity portion accounting for $70 million of the total, a Kairos spokesperson told TechCrunch. Samsung C&T has built or helped build about a dozen nuclear reactors around the world. Kairos is part of a wave of nuclear startups benefiting from surging power demand from AI data centers, and Google first signed a deal with the company in fall 2024 calling for reactors capable of generating about half a gigawatt of electricity by 2035. Kairos is currently building two reactors in Oak Ridge, Tennessee: Hermes 1, a low-power demonstrator to refine its commercial design, and Hermes 2, its first commercial-scale reactor, whose output will count as the first 50 megawatts of the Google deal. The startup received Nuclear Regulatory Commission approval to build the reactors in November 2024 and expects Hermes 2 to begin operating in 2030, in line with its original agreement with Google.
Studsvik, GE Vernova Hitachi, Samsung C&T to build 1.2 GW nuclear project in Sweden
Studsvik has selected GE Vernova Hitachi Nuclear Energy and Samsung C&T as strategic partners to advance a four-unit BWRX-300 small modular reactor project in Sweden, totaling 1.2 GW of new nuclear capacity, with the first unit expected in operation by the mid-2030s. The agreement, announced on September 3, 2026, is exclusive for a fixed period and covers sites at Nyköping and Valdemarsvik, with the initial project to be built at one of them. The ReFirm programme, which became part of Studsvik through its acquisition of Kärnfull Next earlier this year, aims to standardize deployment across multiple units and maximize Swedish industrial participation. GE Vernova Hitachi will lead reactor design and licensing, while Samsung C&T will serve as part of the execution team, with DS Investment Partners leading investment and GE Vernova Financial Services providing advisory support. The announcement does not constitute a final investment decision, and no material financial impact on Studsvik's 2026 earnings is expected.
GRAIL Q2 Galleri test volume jumps 35% to over 61,000, revenue up 24%
GRAIL reported second-quarter 2026 financial results with Galleri test volume growing 35% year-over-year to more than 61,000 and Galleri revenue increasing 24% to $42.6 million. Total revenue for the quarter rose 26% to $44.7 million, while net loss improved 3% to $110.2 million. The company also completed a $110 million equity financing with Samsung C&T Corporation and Samsung Electronics, and presented clinical utility results from the NHS-Galleri and PATHFINDER 2 studies at the 2026 ASCO Annual Meeting. Cash, cash equivalents, and short-term marketable securities stood at $861.6 million as of June 30, 2026.
Silver Storm begins hot commissioning at La Parrilla sulphide circuit, amends Samsung prepayment deal, and secures US$5 million loan from First Majestic
Silver Storm Mining has started hot commissioning of the sulphide processing circuit at its La Parrilla Silver Mine Complex in Mexico, marking a key step toward restarting operations. The company also amended its concentrate prepayment agreement with Samsung C&T, extending the grace period for initial principal and arrangement fee payments to September 2026 from May 2026, with subsequent monthly repayments deferred by four months and the concentrate supply period extended by six months to thirty months. Additionally, First Majestic Silver provided a US$5 million non-revolving unsecured term loan to fund working capital for the ramp-up, maturing in 36 months with 15% annual interest compounded quarterly and principal repayable in eight equal quarterly instalments of US$625,000 starting 15 months after closing. First Majestic holds approximately 15.69% of Silver Storm on a non-diluted basis, making the loan a related party transaction, though the company relied on exemptions from minority shareholder approval requirements.
Silver Storm Mining · Technology · Positive Silver Storm begins hot commissioning of sulphide processing circuit, a key step toward restarting operations.
SILVER · Supply · Positive Silver Storm's hot commissioning of sulphide circuit at La Parrilla signals increased future silver supply, which could pressure prices but the news is positive for silver mining activity.
AG · Capital · Positive First Majestic provides a $5M loan to Silver Storm, earning 15% interest and strengthening its position as a major shareholder.
028260.KO · Demand · Positive Samsung C&T extends concentrate prepayment agreement with Silver Storm, indicating continued demand for silver concentrate.
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