Saronic and South Korea's Samsung Heavy Industries have partnered to advance autonomous shipbuilding capabilities in the United States. The partnership combines American autonomy technology with South Korean shipbuilding expertise as Saronic expands its domestic manufacturing footprint.
On July 22, Samsung Electronics unveiled three new Galaxy Z foldable smartphones at its Unpacked event, featuring personalized AI capabilities. On the same day, Samsung Heavy Industries signed a memorandum of understanding with a U.S. firm to advance small modular reactor (FSMR) development.
Three Samsung group companies announced improved second-quarter 2026 net profits as of 23–24 July: Samsung Biologics (up 29.1%), Samsung E&A (up 28.8%), and Samsung Heavy Industries (up 4.9%), citing full-capacity operations, overseas projects, and high-end ship production.