Institute of Technology Innovation
Scope
Date
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Earnings
SK Innovation eyes strong battery orders after returning to Q1 profit
SK Innovation Co., a major South Korean oil refiner and battery maker, has returned to an operating profit in the first quarter, boosted by gains in...
May 13, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SK Innovation set to flex muscle with $4 bn in new cash
SK Innovation Co., South Korea's leading electric vehicle battery maker, is on course to raise more than 5 trillion won ($4.5 billion) this year fro...
May 02, 2021 (Gmt+09:00)
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IPOs
SK IE Technology’s IPO price set at top end; record demand at bookbuilding
The initial public offering price of South Korea’s SK IE Technology Co. has been set at the top end of the proposed band, reflecting a recor...
Apr 26, 2021 (Gmt+09:00)
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Batteries
Hyundai Motor, SK Innovation join forces on hybrid car battery development
South Korea-based automakers Hyundai Motor Co., KIA Corp. and electric vehicle battery maker SK Innovation Co. have joined forces to jointly develop...
Apr 16, 2021 (Gmt+09:00)
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Aerospace & Defense
S.Korea rolls out next-generation fighter jet KF-21 with local technology
South Korea on Friday unveiled a prototype of its homegrown fighter jet, the KF-21, two decades after it vowed to develop a next-generation superson...
Apr 09, 2021 (Gmt+09:00)
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Korean startups
Stronghold Technology aims to become Tesla of coffee roasters
South Korea-based Stronghold Technology Inc. is the first startup to have applied artificial intelligence technology to coffee roasting machines. Th...
Apr 07, 2021 (Gmt+09:00)
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IPOs
SK IE Technology’s IPO plan to get boost from ITC ruling
SK IE Technology Co. (SKIET), set to make a trading debut on Korea’s main bourse in May, is expected to get a favorable review in assessing it...
Apr 02, 2021 (Gmt+09:00)
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Batteries
ITC rules in favor of SK Innovation over LG Energy in US battery patent suit
The International Trade Commission (ITC) has ruled in favor of SK Innovation Co. in a US battery patent suit filed by LG Energy Solution Ltd., which...
Apr 01, 2021 (Gmt+09:00)
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ESG
BOK tells institutions to cut exposure in high carbon sectors
The Bank of Korea has asked the country’s financial institutions to reduce exposure in economic sectors that generate high levels of carbon em...
Mar 25, 2021 (Gmt+09:00)
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K-pop
BTS label cites fan-tailored innovation as key to success
Fan-tailored innovation is the crux of the success behind K-pop sensation BTS' label, according to Lenzo (Seok-jun) Yoon, chief executive of Big Hit...
Mar 18, 2021 (Gmt+09:00)
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Batteries
SK Innovation board says no costly settlement with LG
SK Innovation Inc.’s board members on Thursday advised the South Korean electric vehicle battery maker not to pay hefty compensation for a set...
Mar 11, 2021 (Gmt+09:00)
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Energy
SK Innovation divests of stakes in US shale oil fields
SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line with its parent group's efforts to...
Mar 08, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor unveils AI-powered voice recognition technology
South Korea-based Hyundai Motor Group has unveiled new artificial intelligence-powered voice recognition technology to be installed in mass-produced...
Feb 18, 2021 (Gmt+09:00)
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Automobiles
Vueron gets autonomous driving permit with lidar technology
Vueron Technology Co., a South Korean lidar perception software startup, said on Tuesday a self-driving vehicle made a successful run on an expressw...
Feb 17, 2021 (Gmt+09:00)
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Batteries
SK Innovation’s Q4 EV battery business revenue hits record high
South Korea’s SK Innovation Co. on Friday posted record sales revenue in its electric-vehicle battery business in the fourth quarter of 2020 a...
Jan 29, 2021 (Gmt+09:00)
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Batteries
SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn
SK Innovation Co. will build its third electric-vehicle battery plant in Hungary for $2.29 billion, aiming to grab a greater share of the fast-growi...
Jan 29, 2021 (Gmt+09:00)
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Batteries
SK Innovation buys 13% stake in China’s EV battery-swap station operator
SK Innovation Co. has signed a deal to acquire a 13% stake in a Chinese electric vehicle battery-swap station operator, as the South Korean company ...
Jan 21, 2021 (Gmt+09:00)
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CES 2021
Amorepacific unveils AI-based cosmetics technology at CES 2021
South Korea-based Amorepacific Corp. has received the Innovation Award for its high-tech beauty technologies at the world's largest tech event, Cons...
Jan 12, 2021 (Gmt+09:00)
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CES 2021
K-startup products sweep CES 2021 innovation awards honors
A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the wor...
Jan 11, 2021 (Gmt+09:00)
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EV Batteries
SK Innovation to raise $920 mn for US battery plant expansion
South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...
Jan 07, 2021 (Gmt+09:00)
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EV Batteries
SK Innovation partners with EVE to launch third battery plant in China
South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...
Dec 15, 2020 (Gmt+09:00)
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Batteries
SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot
SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...
Nov 25, 2020 (Gmt+09:00)
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Future mobility
Hyundai Motor begins Singapore innovation lab construction
Hyundai Motor Co., South Korea’s biggest automaker, has begun building an innovation lab in Singapore as part of its efforts to explore new mobi...
Oct 13, 2020 (Gmt+09:00)
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Pre-IPO
SK Innovation’s battery arm secures $258 mn in pre-IPO placement
SK Innovation Co.’s wholly owned subsidiary SK IE Technology Co. (SK IET) is set to fetch 300 billion won ($257.6 million) in a pre-IPO placemen...
Sep 22, 2020 (Gmt+09:00)
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Samsung Electronics
Samsung to make new Qualcomm chips for 5G smartphones with 5nm technology
Samsung Electronics Co. has secured a deal to manufacture Qualcomm Technologies Inc.’s new mobile application processor for 5G smartphones, the ...
Sep 14, 2020 (Gmt+09:00)
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Venture capital
Singapore’s Vickers Venture tapping Korean institutions for $500 mn fund
Vickers Venture Partners, a Singapore-based venture capital firm, is tapping South Korean institutional investors in the second round of fundraising t...
May 19, 2020 (Gmt+09:00)
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Interview
Stronghold Technology's smart roaster stirs up coffee market
It's part of our morning routine, an afternoon pick-me-up and a good complement to an evening get-together with friends. We're talking about coffee. I...
Feb 13, 2020 (Gmt+09:00)
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[Interview] Blockchain technology to cut property transaction cost: Bitcoin.com CEO
“The impact of blockchain technology will not be limited within financial markets. Blockchain technology will also impact real estate transactions, sm...
Jul 27, 2018 (Gmt+09:00)
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Korean institutions to invest $53 mn to buy Tesco-leased UK warehouse
A consortium of South Korea’s Construction Workers Mutual Aid Association (CWMAA) and MG Non-Life Insurance Co. Ltd. will invest 60 billion won ($53...
Oct 20, 2017 (Gmt+09:00)
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CCIM to Hold International Conference Jointly with KED Real Estate Research Institutes
The Certified Commercial Investment Member, an American association of international real estate investment analysts, will jointly host the Asia Real ...
Jul 18, 2017 (Gmt+09:00)
Latest News
- 1 Jollibee to buy chicken chain Norang Tongdak amid K-food frenzy
- 2 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 3 POSCO Future M breaks with China in cathode supply chain
- 4 GIC resumes Seoul Finance Center sale in potential megadeal
- 5 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula