3-nm process node
Scope
Date
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Fashion
S.Korea’s overseas online shopping surpasses $1.3 bn in Q2 2023
South Korea's overseas online shopping through Chinese malls in the second quarter of this year has more than doubled compared to a year ago. Accor...
Aug 01, 2023 (Gmt+09:00)
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Bio & Pharma
Hanmi Pharm to develop obesity drug customized for S.Korean
South Korea's Hanmi Pharmaceutical Co. plans to develop the GLP-1 class "Epeglenatide," which it received as a technology return from Sanofi S.A., i...
Jul 31, 2023 (Gmt+09:00)
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Batteries
Doosan to enter EV sector with battery recycling business
South Korea’s major power plant builder Doosan Enerbility Co. plans to set up a battery recycling subsidiary, targeting the sector expecting r...
Jul 28, 2023 (Gmt+09:00)
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Food & Beverage
Samyang’s Hot Chicken Flavor Ramen sales exceed 5 bn
South Korea's Samyang Foods Co. announced on Friday that the cumulative sales of ramen with its Hot Chicken Flavor Ramen, or Buldak-bokkeum-myeon br...
Jul 28, 2023 (Gmt+09:00)
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Earnings
Kia revises up 2023 OP target after record Q2 earnings, to expedite EV push
Kia Corp. has revised upwards its operating profit target for this year to up to 12 trillion won ($9.4 billion) after reporting its best-ever quarte...
Jul 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom enters cloud managed service provider market
South Korea's SK Telecom Co. will aggressively enter the cloud market by providing differentiated services based on its nationwide communication net...
Jul 26, 2023 (Gmt+09:00)
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Automobiles
EV6, GV60 outperform global peers in Auto Bild’s EV tests
Hyundai Motor Group’s electrification push under the direction of its Chairman Chung Euisun is more than paying off, with a slew of worldwide ...
Jul 24, 2023 (Gmt+09:00)
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Banking & Finance
S.Korea's BC Card to enter Kyrgyz payment market
South Korea's BC Card will make a full-fledged entry into the Central Asian payment market by establishing a card payment joint venture in Kyrgyzsta...
Jul 24, 2023 (Gmt+09:00)
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Batteries
Korea's IMM to invest $23 mn in battery parts supplier Choil Aluminum
South Korean private credit firm IMM Credit & Solutions Inc. will invest 30 billion won ($23.4 million) in Choil Aluminum Co., an EV battery com...
Jul 21, 2023 (Gmt+09:00)
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Bio & Pharma
Clinomics releases equipment that quickly finds lung cancer mutations
Clinomics, a South Korean biotech company specializing in liquid biopsies, on Thursday said it developed equipment that can detect four types of l...
Jul 21, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SM Group to buy HMM but not for over $3.5 bn: SM Chair Woo
SM Group has enough financial ammunition to buy the country’s No. 1 container shipping line HMM Co. but would not join the bid for the latter&...
Jul 19, 2023 (Gmt+09:00)
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Energy
KHNP develops world's first accident monitoring system for nuclear reactors
Korea Hydro & Nuclear Power (KHNP) announced on Wednesday that it has successfully developed the Technical Specification Operator Support System...
Jul 19, 2023 (Gmt+09:00)
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IPOs
LS Materials embarks on IPO process to go public in 2023
Global top ultracapacitor player LS Materials Co. is expected to go public in South Korea this year, which would mark the first LS Group company IPO...
Jul 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen
Samsung Heavy Industries Co., a leading South Korean shipbuilder, has won a 3.96 trillion won ($3.13 billion) deal to build 16 methanol-powered cont...
Jul 17, 2023 (Gmt+09:00)
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Sovereign wealth funds
KIC up 8.3% in net value of stocks, debts in H1 2023
Korea Investment Corporation (KIC) saw the net value of its traditional assets rise 8.25% in the first half of this year, backed by the strong perfo...
Jul 14, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung takes on Micron with new flash auto memory UFS 3.1
Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass production of its latest flash memory chip, which the company sa...
Jul 13, 2023 (Gmt+09:00)
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Construction
Samsung C&T invests $7.5 mn in Canadian low-carbon concrete firm
South Korea's Samsung C&T Corp. announced on Wednesday that it has decided to invest $7.5 million (9.8 billion won) in CarbonCure Technologies I...
Jul 12, 2023 (Gmt+09:00)
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Korean chipmakers
Korea chip exports to rebound in Oct; car, cell exports to stay firm
South Korea expected overseas sales of semiconductors, the country’s top export item, to rebound from October while the auto, secondary batter...
Jul 11, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung improves 4 nm foundry yields, on par with TSMC: analyst
Samsung Electronics Co. has improved its chip foundry manufacturing yield for the 4-nanometer node to the level shown by its archrival Taiwan Semico...
Jul 11, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics creates global hit with new gaming monitor
Samsung Electronics Co. ’s new gaming monitor has received over 3,000 advance orders worldwide.The company on Monday said it began presale of ...
Jul 10, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor breaks out of 3-year slump in China
South Korea’s Hyundai Motor Co. has broken out of its slump in China, with its Chinese joint venture posting its first sales growth in four ye...
Jul 09, 2023 (Gmt+09:00)
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Batteries
SKC to invest $3.8 bn in secondary battery materials by 2025
South Korea's chemical material maker SKC will invest over 5 trillion won ($3.8 billion) in three sectors -- secondary batteries, semiconductors and...
Jul 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE bags $2.3 bn in vessel orders, achieves 90% of 2023 target
South Korea’s biggest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has recently bagged over 3 trillion won ($2.3...
Jul 03, 2023 (Gmt+09:00)
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Korean stock market
Korean ETFs’ net asset value doubles in 3.5 years
South Korea’s exchange-traded funds (ETFs) surpassed 100 trillion won ($75.7 billion) in net asset value for the first time on Thursday, 21 ye...
Jun 30, 2023 (Gmt+09:00)
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Electronics
Samsung Display to dump entire stake in LCD equipment maker
South Korea’s Samsung Display Co. is set to sell its stake in a domestic liquid crystal display equipment maker as the unit of global tech gia...
Jun 29, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung on smooth track to 1.4 nm foundry tech to take on TSMC
SILICON VALLEY – Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday unveiled details of its advanced proces...
Jun 28, 2023 (Gmt+09:00)
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Logistics
CJ Logistics to build logistics centers in US with $416 mn investment
CJ Logistics Corp. and Korea Ocean Business Corporation (KOBC) will together build three logistics centers in the US with an estimated investment of...
Jun 28, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Hancom, POSCO DX pursue robotic process automation solutions
South Korea’s office suite software maker Hancom and engineering and information and communications technology service provider POSCO DX will ...
Jun 28, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to inject more than $2.3 bn in quantum science, tech by 2035
South Korea will pour more than 3 trillion won ($2.3 billion) into quantum science and technology by 2035, aiming to become the world’s fourth...
Jun 27, 2023 (Gmt+09:00)
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Automobiles
Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years
South Korea’s top auto parts maker Hyundai Mobis Co. said on Tuesday it expects to begin mass production of its rollable vehicle display &ndas...
Jun 27, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet