Intel’s more than two decade reign as king of the silicon-based semiconductor ended Thursday when Samsung Electronics surpassed the U.S. manufacturer to become the leading maker of the computer chips that are a 21st century staple much as oil was in the past. Samsung reported record-high profit and sales in its earnings report for the…

Samsung Biologics Co., the contract drug making unit of Samsung Group, made its market debut in Seoul on Thursday in South Korea’s largest initial public offering in six years. Samsung is looking to biotech to be a new core business on a par with its semiconductor manufacturing. The company has included bio tech and health…

Samsung Electronics has agreed to buy a U.S. cloud service startup to boost its software and internet services. The South Korean company said Thursday that its acquisition of Joyent Inc. will enable Samsung to access its own cloud platform to run its internet-based services, apart from renting other companies’ data centers. The company did not…