Hankook Technology Group
Scope
Date
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Corporate governance
LG Group affiliates unveil value-up plans
LG Group affiliates— LG Display Co., LG Innotek, LG Chem Ltd., and LG Energy Solution Ltd. —unveiled their ambitious growth strategies o...
Nov 22, 2024 (Gmt+09:00)
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Leadership & Management
LG Group carries out modest management reshuffle
Cho Joo-wan will continue to lead LG Electronics Inc. as chief executive after its parent LG Group on Thursday carried out modest reshuffles in its ...
Nov 21, 2024 (Gmt+09:00)
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Logistics
Korean logistics companies expand overseas businesses
South Korea’s logistics companies such as local industry leader CJ Logistics Corp. are expanding their overseas operations to take advantage o...
Nov 19, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Glenwood buys three waste management firms for about $190 mn
Glenwood Private Equity on Tuesday signed an agreement to buy three waste management companies from small South Korean business group Bubang for aro...
Nov 19, 2024 (Gmt+09:00)
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IPOs
LS Group’s US magnet wire unit to go public with $1.4 bn value
The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an initial public offer...
Nov 19, 2024 (Gmt+09:00)
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Batteries
South Korea approves Korea Zinc’s precursor as national core technology
South Korea has designated Korea Zinc Inc.'s precursor manufacturing process as a national core technology and advanced industrial technology, effec...
Nov 19, 2024 (Gmt+09:00)
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Mergers & Acquisitions
CJ CheilJedang puts bio business on market for $4 bn
CJ CheilJedang Corp., South Korea’s largest food company, is seeking to sell its bio business for about 6 trillion won ($4.3 billion) in what ...
Nov 18, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Naver Band surpasses 6 mn MAU in US
South Korea’s Naver Corp. said on Friday its group-based social media platform Band reached 6.04 million monthly active users (MAU) in the Uni...
Nov 15, 2024 (Gmt+09:00)
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Real estate
Korea’s DL Group to sell hotels for $462 mn in further restructuring
DL Group, South Korea’s petrochemical-to-construction conglomerate is putting some hotels on the market to raise an estimated 650 billion won ...
Nov 12, 2024 (Gmt+09:00)
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Construction
Lotte E&C develops low-carbon cement construction
Lotte Engineering & Construction (E&C) said on Tuesday developed carbon dioxide-infused mortar technology for flooring with Hanil Cement Co....
Nov 12, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean wins $51.2 mn deal for two LNG carriers
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured a new contract to build two LNG carriers, making it the domestic shipyard w...
Nov 11, 2024 (Gmt+09:00)
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Artificial intelligence
GS Group, Notion to team up on AI capabilities
South Korea's GS Group signed a memorandum of understanding (MOU) with Notion, the US-based popular collaboration software company to enhance its ...
Nov 07, 2024 (Gmt+09:00)
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Korean food
S.Korea's BBQ enters world's most populous market, India
Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, is expanding its market to South Asia by entering India, the world&rs...
Nov 06, 2024 (Gmt+09:00)
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Corporate restructuring
Fila sportswear brand downsizes loss-making US business
South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in N...
Nov 06, 2024 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1, UK’s Babcock sign MOU to develop global MRO market
LIG Nex1 Co., a leading defense systems developer in South Korea, announced on Wednesday that it had signed a comprehensive memorandum of understand...
Nov 06, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion releases Steqeyma in Europe
South Korea's Celltrion Inc. said on Monday it released Steqeyma (ustekinumab) in Europe, the biosimilar of autoimmune disease treatment Stelara.T...
Nov 05, 2024 (Gmt+09:00)
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Machinery
Daedong opens autonomous robot subsidiary Daedong Robotics
Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...
Nov 04, 2024 (Gmt+09:00)
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Food & Beverage
SPC shares Korean bakery know-how with Mongolian biz leaders
South Korea's SPC Group said on Monday that Mongolian government officials and local business leaders visited Passion5 in Hannam-dong, Seoul, last F...
Nov 04, 2024 (Gmt+09:00)
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Future mobility
Self-driving tech startup RideFlux raises $1.9 mn in Series B
RideFlux Inc., a South Korean autonomous driving technology startup, raised 26 billion won ($1.9 million) in a Series B funding round about four mon...
Oct 31, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s SK Networks partners with Malaysia’s Sunway on AI
South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on future growth sectors su...
Oct 30, 2024 (Gmt+09:00)
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Executive reshuffles
Shinsegae Group splits E-Mart, department store with executive reshuffles
South Korea’s retail giant Shinsegae Group on Wednesday carried out one of its most drastic executive reshuffles, officially splitting the gro...
Oct 30, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Nexilis poised to sell thin film division to Affirma Capital
SK Nexilis Co., the world’s largest copper foil maker, is in the final stage of negotiations to sell its thin film manufacturing division to A...
Oct 30, 2024 (Gmt+09:00)
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Steel
Korea’s POSCO, India’s JSW team up to build steel plant in Odisha
South Korea’s POSCO Group joined hands with India’s JSW Group to set up an integrated steel plant in the South Asian country with an est...
Oct 29, 2024 (Gmt+09:00)
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Chemical Industry
HD Hyundai OCI supplies recycled tire materials to Hankook Tire
HD Hyundai OCI, the petrochemical affiliate of HD Hyundai Oilbank, said on Tuesday it started to supply Hankook Tire & Technology with recycled ...
Oct 29, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to unveil 400-layer bonding vertical NAND for AI servers by 2026
Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a 400-layer vertical NAND flash chip by 2026 to lead the fast-g...
Oct 28, 2024 (Gmt+09:00)
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Automobiles
Toyota, Hyundai agree to deepen ties in hydrogen, robotics
Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...
Oct 28, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc shares skyrocket after buybacks in tender offer
Shares in Korea Zinc Inc. soared on Thursday, a day after completing its buybacks, driven by institutional investors covering shorts on the stock an...
Oct 24, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group wins Cars.com's 2025 Top Pick EV Awards
Hyundai Motor Group said on Wednesday Hyundai Motor Co. ‘s IONIQ electric vehicles (EVs) and Kia Corp. ‘s EV9 have each been awarded 202...
Oct 23, 2024 (Gmt+09:00)
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Asset management
Hana Financial’s Hana The Next: New financial services tailored for seniors
As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reac...
Oct 23, 2024 (Gmt+09:00)
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ESG
Hyundai Motor Group six affiliates to strengthen carbon neutrality
Hyundai Motor Group said on Monday that six affiliates and Hyundai Engineering & Construction Co. signed a memorandum of understanding (MOU) for...
Oct 21, 2024 (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 consumer bad 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