Korean unlisted stock bubble bursts as interest rates rise

Korean unlisted stock bubble bursts as interest rates rise

Kurly Inc., Dunamu Inc. and other major South Korean unlisted stocks plunged as the fallout on asset prices from rising interest rates extended into...

MBK to buy Medit at lower price than Carlyle-GS bid

MBK to buy Medit at lower price than Carlyle-GS bid

MBK Partners, a leading Asian private equity firm, is set to buy Medit Corp. at a lower price than a bid from the US PE giant The Carlyle Group-led ...

SK Innovation to adopt internal carbon pricing system

SK Innovation to adopt internal carbon pricing system

SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...

Hyundai, SK to build $1.9 bn EV battery plant in US

Hyundai, SK to build $1.9 bn EV battery plant in US

Hyundai Motor Group, South Korea’s top automaker, and SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, will b...

Korea's SK Inc. revs up power semiconductor value chains via M&As

Korea's SK Inc. revs up power semiconductor value chains via M&As

SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is ramping up its value chain of third-generation semicondu...

SK, Doosan to launch hybrid EV fuel cell charging stations

SK, Doosan to launch hybrid EV fuel cell charging stations

South Korea’s SK Energy Co., refiner giant SK Innovation Co.’s petroleum production subsidiary, said on Tuesday it will join forces with...

LG Chem to build $3.2 billion US cathode plant in Tennessee

LG Chem to build $3.2 billion US cathode plant in Tennessee

LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it is building a $3.2 billion cathode plant in Tennessee, its first facto...

SK Lubricants rebrands with name change as SK Enmove

SK Lubricants rebrands with name change as SK Enmove

SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.The new name com...

Eco-friendly car registrations exceed 1.5 mn in Korea

Eco-friendly car registrations exceed 1.5 mn in Korea

The total number of registered eco-friendly vehicles in South Korea surpassed 1.5 million as of end-October, up 38.3% from 1.1 million compared to a...

Mobility startup Poen takes first place at Geeks Show Up event in Jeju

Mobility startup Poen takes first place at Geeks Show Up event in Jeju

South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...

Fast-shrinking chip lead time clouds semiconductor industry’s future

Fast-shrinking chip lead time clouds semiconductor industry’s future

The global semiconductor industry has been plagued by a chip shortage for a couple of years with automakers and other manufacturers struggling to se...

SK Signet supplies 37 ultra-fast EV charging posts to G20 Bali summit 

SK Signet supplies 37 ultra-fast EV charging posts to G20 Bali summit 

SK Signet Inc., the electric vehicle (EV) charging arm of SK Inc., announced on Monday that it will supply the upcoming G20 summit with 37 ultra-fas...

Dongwon F&B to raise price of canned tuna again, this time by 7%

Dongwon F&B to raise price of canned tuna again, this time by 7%

​​​​​​​The price of manufactured food has been surging in recent months, beginning with ready-made rice, instant noodles, and snacks. This week...

POSCO Chemical completes world's largest cathode materials plant

POSCO Chemical completes world's largest cathode materials plant

POSCO Chemical will soon launch operations at its newly completed factory for cathode materials, the biggest of its kind in the world with an annual...

SK On to buy battery material lithium hydroxide from Chile's SQM

SK On to buy battery material lithium hydroxide from Chile's SQM

SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...

Korea, Hyundai Motor request 3-year reprieve on US EV tax credit law

Korea, Hyundai Motor request 3-year reprieve on US EV tax credit law

The South Korean government and the country’s top automaker Hyundai Motor Co. have requested the US government give Korean carmakers a three-y...

Korean LED maker marks 100th victory in global patent wars

Korean LED maker marks 100th victory in global patent wars

Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...

BOK may raise rates by 50 bps again on Fed, inflation

BOK may raise rates by 50 bps again on Fed, inflation

South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...

Samsung sets sights on new chips for self-driving homes on wheels

Samsung sets sights on new chips for self-driving homes on wheels

For decades, Samsung Electronics Co. has been a household name in the semiconductor industry, making chips that work like the human brain for comput...

Hyundai, Kia post record hybrid vehicle sales in US in October

Hyundai, Kia post record hybrid vehicle sales in US in October

Hyundai Motor Co. and Kia Corp., which are gradually increasing their presence in the US market, saw their hybrid vehicle sales reach an all-time hi...

EcoPro BM to build battery materials plant in Canada

EcoPro BM to build battery materials plant in Canada

EcoPro BM Co., South Korea’s leading battery material producer, is set to build a plant in Canada with a $704 million investment in a partners...

Samsung SDI beats CATL in EV battery operating margin

Samsung SDI beats CATL in EV battery operating margin

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, reported a higher operating margin than that of the global leader C...

Hyundai Motor to boost US presence with $5.5 bn new Georgia EV plant

Hyundai Motor to boost US presence with $5.5 bn new Georgia EV plant

Hyundai Motor Co. broke ground on a $5.54 billion electric vehicle and battery plant in the US state of Georgia on Tuesday, as the top South Korean ...

Korean EV charging startup to launch business in Indonesia

Korean EV charging startup to launch business in Indonesia

South Korea’s electric vehicle charging platform startup is set to make inroads into Indonesia, a prospective EV market with the world’s...

SK Hynix eyes DDR5 dominance with industry’s fastest chip modules

SK Hynix eyes DDR5 dominance with industry’s fastest chip modules

SK Hynix Inc., the world’s second-largest memory chipmaker, is aiming to secure market dominance for a next-generation DRAM chip called DDR5 b...

POSCO Chemical posts record third-quarter sales, operating profit

POSCO Chemical posts record third-quarter sales, operating profit

POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., on Monday posted record revenue and operating profit in the third...

LG Energy set to ink graphite deal with Australia’s Syrah Resources

LG Energy set to ink graphite deal with Australia’s Syrah Resources

South Korea’s LG Energy Solution Ltd. said on Thursday it has signed an initial agreement to explore graphite procurement from Australia&rsquo...

GM may consider producing EVs in South Korea

GM may consider producing EVs in South Korea

CHANGWON, South Gyeongsang Province -- General Motors Co. may consider making electric vehicles in South Korea, the country manager said on Wednesda...

Foreigners in year's longest Korean buying streak; chipmakers top picks

Foreigners in year's longest Korean buying streak; chipmakers top picks

Foreign investors have returned to the South Korean market, snapping up chip industry leaders such as Samsung Electronics Co. and SK Hynix Inc. for ...

POSCO Chemical may clinch megadeal to supply cathode to Ford Motor

POSCO Chemical may clinch megadeal to supply cathode to Ford Motor

POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., is looking to forge a long-term contract to supply cathode, a key...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale