K-battery value chain
Scope
Date
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Economy
Korea sees record H1 trade deficit, weak consumer sentiment
South Korea suffered the largest trade deficit for the first half of a year on surging energy prices and slowing exports, while consumer sentiment i...
Jul 01, 2022 (Gmt+09:00)
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IPOs
Online lender K Bank revs up for IPO in Nov on surging net profit
K Bank submitted a preliminary assessment request to the Korea Stock Exchange on Thursday, the first step to an initial public offering. The on...
Jul 01, 2022 (Gmt+09:00)
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Batteries
POSCO Chemical, Britishvolt sign initial deal for battery materials
POSCO Chemical Co., a unit of South Korea’s top steel maker, and UK electric vehicle startup Britishvolt Ltd. have signed an initial agreement...
Jun 30, 2022 (Gmt+09:00)
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Korean startups
Korean startups rely on word-of-mouth marketing for overseas penetration
Thanks to what some economists dub a borderless economy, more South Korean startups than ever before are looking beyond the peninsula. Seoul-ba...
Jun 29, 2022 (Gmt+09:00)
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IPOs
Mobility platform Socar targets $1.2 bn value for Aug IPO
South Korea’s car-sharing platform Socar Inc. has estimated its corporate value at up to 1.6 trillion won ($1.2 billion) for an initial public...
Jun 27, 2022 (Gmt+09:00)
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Batteries
Samsung SDI inks $6.6 bn deal for 60% of elecfoil needs
Samsung SDI Co., South Korea’s major battery maker, inked a $6.6 billion contract to secure 60% of its needs for elecfoil, an ingredient for c...
Jun 24, 2022 (Gmt+09:00)
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Beauty & Cosmetics
K-beauty sales see sharp drop at China's major shopping event
South Korean cosmetics giants failed to win over Chinese consumers at the 618 Shopping Festival, one of the largest online annual shopping events in...
Jun 24, 2022 (Gmt+09:00)
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Batteries
Falling nickel prices: A boon for Korean battery makers over Chinese rivals
South Korea’s three battery players – LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. – are getting a tailwind from the fal...
Jun 21, 2022 (Gmt+09:00)
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Travel & Leisure
Lotte Tour sees turnaround on higher property value
South Korea's Lotte Tour Development Co. has decided to book 568 billion won ($440 million) in valuation gains from its stake ownership of the land ...
Jun 20, 2022 (Gmt+09:00)
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Batteries
Samsung SDI to develop cylindrical batteries for Tesla, other EV makers
Leading South Korean battery maker Samsung SDI Co. is ramping up facilities for cylindrical batteries to supply its products to Tesla Inc. and oth...
Jun 16, 2022 (Gmt+09:00)
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Beauty & Cosmetics
K-beauty makers focus on US as China business slows
South Korea’s major cosmetics makers are trying to lure more customers in North America as the K-beauty boom has been weakening in China, the ...
Jun 16, 2022 (Gmt+09:00)
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Batteries
POSCO, SK On forge strategic tie-up in rechargeable battery business
POSCO Holdings Inc., the investment holding company of South Korea’s largest steelmaker, and SK On Co., the battery unit of SK Innovation Co.,...
Jun 16, 2022 (Gmt+09:00)
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Batteries
LG Energy to invest $451 mn in mass production of Tesla’s 4680 battery cells
LG Energy Solution Ltd. announced Monday it will invest 580 billion won ($451 million) to manufacture battery cells for Austin-based Tesla, Inc.The ...
Jun 13, 2022 (Gmt+09:00)
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Corporate investment
SK Innovation to focus on small reactors, batteries, waste recycling
SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is accelerating a shift toward eco-friendl...
Jun 13, 2022 (Gmt+09:00)
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ESG
Hanwha to announce plans to enhance shareholder value in H2
South Korea’s Hanwha Corp. discussed on June 10 its ESG activities in the first half of this year and is set to announce plans for enhancing s...
Jun 12, 2022 (Gmt+09:00)
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Supply chain
S.Korean trucker strike enters 3rd day, targets Samsung’s supply chain
South Korea’s unionized truckers, on day three of a large-scale strike, have moved to disrupt the supply of materials needed to manufacture se...
Jun 09, 2022 (Gmt+09:00)
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Batteries
LG Energy, German institutes to jointly research advanced batteries
The world’s second-largest battery maker LG Energy Solution Ltd. has teamed up with two German research institutes to develop next-generation ...
Jun 08, 2022 (Gmt+09:00)
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Mergers & Acquisitions
F&B giant SPC Group acquires Lina’s to ramp up global expansion
South Korea’s food and beverage conglomerate SPC Group announced Tuesday it has acquired French casual coffee chain Lina’s Déve...
Jun 07, 2022 (Gmt+09:00)
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Batteries
LG Chem, Korea Zinc affiliate KEMCO to launch battery precursor JV
South Korea’s top chemicals company LG Chem Ltd. and the world’s largest zinc and lead smelter Korea Zinc Co. have agreed to launch a ba...
Jun 02, 2022 (Gmt+09:00)
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Future mobility
Why Samsung didn't join race for S.Korea's air taxi project
Samsung, a name seen everywhere in South Korea from apartment complexes to home appliances, is missing on the list of bidders for the country’...
Jun 02, 2022 (Gmt+09:00)
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Batteries
LG Chem to launch JV with China's Huayou Cobalt for battery materials
LG Chem Ltd. announced Tuesday it will set up a joint venture with Chinese mining company Zhejiang Huayou Cobalt Co. to secure a steady supply of ra...
Jun 01, 2022 (Gmt+09:00)
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Batteries
Why batteries were left out of Samsung's huge investment plan
Citigroup Global Markets on Monday slashed its target price for Samsung SDI Co., one of South Korea's top three battery makers, by almost half and d...
May 30, 2022 (Gmt+09:00)
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Corporate investment
CJ to beef up content, K-food sector with $9.7 billion investment
South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. and entertainment giant CJ E...
May 30, 2022 (Gmt+09:00)
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Batteries
SK On to bolster US business with Ford's EV pickup truck sales
SK On Co., South Korea’s leading electric vehicle battery manufacturer, is expected to improve production capacity as its client Ford Motor Co...
May 29, 2022 (Gmt+09:00)
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Shareholder value
LG to buy back $398 mn of its own shares
South Korean conglomerate LG Corp., known as LG Group, announced on May 27 that it will buy back 500 billion won ($398.1 million) of its own share...
May 29, 2022 (Gmt+09:00)
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Batteries
POSCO, GM JV inks battery materials supply deal worth $16 bn
South Korea’s POSCO Chemical Co. and General Motors Co. on Friday agreed to set up a joint venture that will supply about 20 trillion won ($16...
May 27, 2022 (Gmt+09:00)
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Corporate investment
POSCO Group looks to treble corporate value by 2030
South Korea’s POSCO Group will invest 53 trillion won ($42 billion) by 2026 primarily in its steel, rechargeable battery materials and hydroge...
May 26, 2022 (Gmt+09:00)
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Corporate investment
LG bets $34 bn on battery, automotive electronics biz for its future
LG Group, South Korea’s fourth-largest conglomerate, is set to pour $34 billion into the battery, automotive electronics and other future grow...
May 26, 2022 (Gmt+09:00)
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Corporate investment
SK takes aim at chips, batteries, bio with $195 billion investment
SK Group, South Korea’s second-largest conglomerate after Samsung, on Thursday announced a plan to invest 247 trillion won ($195 billion) in k...
May 26, 2022 (Gmt+09:00)
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Batteries
Samsung SDI, Stellantis pick Indiana for US EV battery plant
Samsung SDI Co., the world’s sixth-largest battery maker, and Dutch-domiciled multinational automaker Stellantis N.V. picked the state of...
May 24, 2022 (Gmt+09:00)
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Latest News
- 1 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul