SK Materials, Showa Denko to jointly seek US semiconductor gas business

SK Materials, Showa Denko to jointly seek US semiconductor gas business

SK Materials Co., an industrial gas manufacturing affiliate of South Korea’s SK Inc., and Japanese chemicals company Showa Denko K.K. have agr...

Ex-Samsung exec says Korea chip sector needs more support

Ex-Samsung exec says Korea chip sector needs more support

South Korea’s semiconductor sector needs more support from the government not only to compete against global rivals backed by their own govern...

Seoul poised to paint over Hong Kong in fine arts

Seoul poised to paint over Hong Kong in fine arts

Back in 2013, Hong Kong painted itself as the uncontested leader in Asia’s art scene – over Singapore, Shanghai, and Tokyo. Art Bas...

Korea Inc. hit by rising commodity prices, weak won, supply crisis

Korea Inc. hit by rising commodity prices, weak won, supply crisis

South Korea’s major industries, especially the petrochemical and auto parts sectors, are suffering from surging global commodity prices, a wea...

Doosan adds chip post-processing to list of growth drivers

Doosan adds chip post-processing to list of growth drivers

Doosan Group has added semiconductor post-processing services to its core businesses and plans to invest 1 trillion won ($774 million) in its microc...

Hyundai revs up car output amid signs of easing auto chip crunch

Hyundai revs up car output amid signs of easing auto chip crunch

As the global chip supply shortage shows signs of easing, South Korea’s top automaker Hyundai Motor Co. is working down its order backlog by...

Samsung in do-or-die race with $355 bn spending plan

Samsung in do-or-die race with $355 bn spending plan

"It's not a matter of numbers, but a matter of do or die for us."This is the first public remark from Samsung Electronics Co. Vice Chairman and de f...

Hanmi Semiconductor among top 10 chip machine makers: TechInsights

Hanmi Semiconductor among top 10 chip machine makers: TechInsights

Hanmi Semiconductor Co., a South Korean chip equipment manufacturer, has been chosen as one of the world’s top 10 chip fabrication machine mak...

Korea may be backpedaling in semiconductor push: Lawmaker

Korea may be backpedaling in semiconductor push: Lawmaker

A sudden surge in demand for semiconductors post-pandemic, coupled with a prolonged chip shortage, has forced policymakers worldwide to revisit poli...

Korea losing ground in semiconductor talent development

Korea losing ground in semiconductor talent development

South Korea, home to the world’s top two memory chipmakers, is losing ground for talent development in the semiconductor sector as fewer profe...

Samsung, SK Hynix scramble for talent amid a lack government support

Samsung, SK Hynix scramble for talent amid a lack government support

Samsung Electronics Co. and SK Hynix Inc., the world’s top memory chipmakers, are scrambling for semiconductor manpower in South Korea as the ...

Korea’s new govt. aims to export 10 nuclear power plants

Korea’s new govt. aims to export 10 nuclear power plants

South Korea’s incoming administration seeks to export 10 nuclear power plants by 2030 as President-elect Yoon Suk-yeol pledged to rescind the ...

Korean won at 2-year low, adding to inflationary pressure

Korean won at 2-year low, adding to inflationary pressure

South Korea’s won currency skidded to the lowest level in more than two years on Thursday, adding to fears over growing inflationary pressure ...

Samsung Asset to list blockchain ETF on Hong Kong Exchange

Samsung Asset to list blockchain ETF on Hong Kong Exchange

Samsung Asset Management Co. is slated to list a blockchain exchange-traded fund on the Hong Kong Exchange (HKEX) in the first half of this year, th...

LX International’s value soars on cryptocurrency, GAM mine in Indonesia

LX International’s value soars on cryptocurrency, GAM mine in Indonesia

LX International Corp., the trading unit of South Korea’s LX Group, has seen its enterprise value rise by two-thirds over the past three month...

SK buys power semiconductor maker for EV chip business

SK buys power semiconductor maker for EV chip business

SK Group, South Korea’s third-largest conglomerate, has geared up its electric vehicle chip business development with the acquisition of a loc...

Korea’s LX Group seeks to acquire Magnachip Semiconductor

Korea’s LX Group seeks to acquire Magnachip Semiconductor

South Korea’s LX Group is looking to acquire US-listed Magnachip Semiconductor Corp. to create synergy with the group’s foundry affiliat...

Korea reiterates reform plans to join MSCI developed markets

Korea reiterates reform plans to join MSCI developed markets

South Korea’s Finance Minister Hong Nam-ki reiterated the country will take reform measures such as the extension of the local currency's trad...

Yoon administration to launch strategic committee for semiconductors

Yoon administration to launch strategic committee for semiconductors

President-elect Yoon Suk-yeol’s transition team announced Thursday it is considering a joint public-private committee that will be in charge o...

Daewoo E&C jointly creates $400 mn fund for overseas M&As

Daewoo E&C jointly creates $400 mn fund for overseas M&As

Daewoo Engineering & Construction Co. of South Korea and IMM Investment Global, the Hong Kong-based affiliate of Korean equity firm IMM Investme...

Samsung Electro-Mechanics to invest $245 mn more in capex

Samsung Electro-Mechanics to invest $245 mn more in capex

South Korea’s Samsung Electro-Mechanics will spend more on increasing its semiconductor package substrate production capacity in order to meet...

SK Siltron to ramp up silicon wafer output from 2024

SK Siltron to ramp up silicon wafer output from 2024

South Korean silicon wafer maker SK Siltron Co. on Wednesday announced a plan to spend 1 trillion won ($810 million) on its domestic capacity expans...

Samsung Electro-Mechanics to focus on IT, automotive electronics sectors

Samsung Electro-Mechanics to focus on IT, automotive electronics sectors

South Korea’s Samsung Electro-Mechanics is set to focus on information technology and automotive electronics sectors as they are core growth e...

Seoul launches investment promotion agency for FDI expansion

Seoul launches investment promotion agency for FDI expansion

The city of Seoul launched Invest Seoul on Feb. 7, an investment promotion agency (IPA) to attract foreign investment and overseas companies. The ca...

Hanmi, other chip machine makers to benefit from TSMC capex hike

Hanmi, other chip machine makers to benefit from TSMC capex hike

Hanmi Semiconductor Co., a chip equipment supplier to global foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC), has posted record profit ...

SK subsidiaries form ICT alliance

SK subsidiaries form ICT alliance

South Korea’s third-largest chaebol, SK Group, announced its plans to launch a consultative body to create synergy among its three subsidiar...

Korea’s SK Geo Centric, Japan’s Tokuyama to set up IPA JV

Korea’s SK Geo Centric, Japan’s Tokuyama to set up IPA JV

South Korea’s leading petrochemical company SK Geo Centric Co. and Japan’s chemicals producer Tokuyama Corp. plan to found a joint ventu...

Kosdaq Listed Companies Association announces top Kosdaq blue chips

Kosdaq Listed Companies Association announces top Kosdaq blue chips

The Kosdaq Listed Companies Association of South Korea announced its top Kosdaq blue chips during its 13th annual award conference held on Dec. 16...

Korea exports hit record to top $640 bn in 2021

Korea exports hit record to top $640 bn in 2021

South Korea’s exports have reached an all-time high thanks to strong overseas demand for key products such as semiconductors amid the global e...

China’s CSI, KRX to launch co-developed stock indices

China’s CSI, KRX to launch co-developed stock indices

China Securities Index Co. (CSI) and the Korea Exchange (KRX) are set to unveil three stock indices jointly developed for the first time on Dec. 20,...

Shinsegae chair tapped to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial