Leading Lights Awards
Scope
Date
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Shipping & Shipbuilding
Korean shipbuilders regain top post, to profit from higher ship prices
South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...
Oct 09, 2022 (Gmt+09:00)
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Healthcare
Celltrion targets digital healthcare sector with app
Celltrion Inc., South Korea’s biopharmaceutical giant, made a foray into the digital healthcare sector for its future growth by launching a sm...
Oct 05, 2022 (Gmt+09:00)
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Future mobility
Hyundai’s Trailer Drone concept wins top Red Dot design award
South Korea’s top automaker Hyundai Motor Co. said on Friday its Trailer Drone, a fully autonomous hydrogen mobility concept, has won the top ...
Sep 30, 2022 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom joins race for Korean dental scanner maker
South Korea’s top mobile carrier SK Telecom Co. has joined the race to acquire Medit Corp., the world’s third-largest 3D dental scanner ...
Sep 30, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung cuts H2 chip sales outlook by a third, gripped by sense of crisis
Samsung Electronics Co., the world’s largest memory chipmaker, has slashed its outlook for second-half semiconductor sales revenue by a third ...
Sep 30, 2022 (Gmt+09:00)
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ESG
LG embraces ESG management standards with first groupwide report
South Korea’s fourth-largest conglomerate LG is rapidly embracing environmental, social and governance standards as key criteria in evaluating...
Sep 28, 2022 (Gmt+09:00)
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Fiber & Textile
Kolon Ind expands tire cord fabric plant in Vietnam
Kolon Industries Inc. has expanded the capacity of its polyester tire cord fabric plant in Vietnam, the South Korean company said on Wednesday.The f...
Sep 28, 2022 (Gmt+09:00)
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IPOs
Internet lender K Bank gets green light for IPO
South Korea’s first internet-only lender K Bank on Tuesday received preliminary approval from the Korea Exchange to go public on the country&r...
Sep 20, 2022 (Gmt+09:00)
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ESG
Samsung goes green as it eyes clean tech supremacy across supply chain
Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, said on Thursday it is aiming to power its entire operations wit...
Sep 15, 2022 (Gmt+09:00)
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Entertainment
Squid Game wins Emmy awards for best actor, director
LOS ANGELES, California -- Netflix mega-hit Squid Game star Lee Jung-jae and creator Hwang Dong-hyuk each bagged an Emmy trophy Monday night in Los ...
Sep 13, 2022 (Gmt+09:00)
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Economy
Foreign-owned companies in Korea send hefty profits back home
South Korean firms wholly owned by foreign companies sent more than 1.1 trillion won ($800 million) back home for the fiscal year of 2021 in aggrega...
Sep 13, 2022 (Gmt+09:00)
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Electric vehicles
LG Group revs up EV charging businesses to lead burgeoning sector
LG Group affiliates, notably LG Electronics Inc. and LG Uplus Corp., are entering the electric vehicle (EV) charging business in full force. In...
Sep 13, 2022 (Gmt+09:00)
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Korean startups
Business magnates' startup investment fraternity V-Society going strong
Back in August 2000, a fraternity of domestic business magnates’ children and startup entrepreneurs named V-Society was founded. The frat...
Sep 01, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Genesis ranks top in J.D. Power’s innovative tech study
Hyundai Motor Co.'s premium brand Genesis has been recognized by industry analysts for its excellence in innovative technology and consumer experi...
Aug 26, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor to redirect its TaaS, AI functions to self-driving arm 42dot
Hyundai Motor Group will redirect the core functions of its Transportation-as-a-Service (TaaS) division and AIRS Company to its recently acquired se...
Aug 18, 2022 (Gmt+09:00)
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Debt financing
Conglomerates lead loan growth to record high in July
South Korea's large business groups led a sharp increase in bank lending in July, driving the corporate bank loan growth to a record high, central b...
Aug 11, 2022 (Gmt+09:00)
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Corporate investment
Korea Zinc to invest $7.5 billion in green hydrogen, battery materials
Korea Zinc Co., the world’s largest lead and zinc smelter, plans to spend 9.74 trillion won ($7.5 billion) in renewable energy, green hydrogen...
Aug 09, 2022 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to ease internship visa rules for foreign talent
South Korea will introduce an internship visa program for foreigners studying at overseas universities to ease a shortage of talent in the fields of...
Aug 05, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix unveils world's first 238-layer NAND; Samsung SSD 20 times faster
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are set to overtake their rivals in the industry’s...
Aug 03, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korean defense firms receive $15 bn order from Poland
South Korea’s defense makers, namely Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI), and Hanwha Defense Corp., clinched export dea...
Jul 27, 2022 (Gmt+09:00)
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Waste management
SK Geo Centric, Veolia join forces to lead Asia’s plastic recycling business
SK Geo Centric, an SK Innovation Co. subsidiary focused on the eco-friendly chemical business, joined hands with Paris-based Veolia Environnement S....
Jul 26, 2022 (Gmt+09:00)
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Aerospace & Defense
KAI targets to sell 1,000 units of FA-50 light attack aircraft worth $30 billion
Korea Aerospace Industries Ltd., South Korea’s sole military aircraft manufacturer, is seeking to sell 1,000 units of the FA-50 light combat a...
Jul 22, 2022 (Gmt+09:00)
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Electric vehicles
Award-winning Hyundai IONIQ 5 EV to land in Japan as MK Taxi
South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is supplying its all-electric IONIQ 5 crossover to Japan’s taxi servi...
Jul 20, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korea defense firms poised to ink $7.7 bn in deals with Poland
South Korea’s defense makers including Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI) and Hanwha Defense are poised to clinch 10 tri...
Jul 20, 2022 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis sees greater market for Byooviz eye disease biosimilar
NEW YORK – Samsung Bioepis Co., a biopharmaceutical unit of South Korea’s top conglomerate Samsung, is one step ahead of its rivals in t...
Jul 18, 2022 (Gmt+09:00)
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Future mobility
SK Telecom to take lead in UAM biz with telco know-how
BUSAN -- South Korea’s top mobile carrier SK Telecom Co. aims to dominate the urban air mobility market based on its expertise and know-how in...
Jul 17, 2022 (Gmt+09:00)
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Batteries
SKC breaks ground on Europe’s largest copper foil plant in Poland
SKC Ltd., the chemical materials unit of South Korea’s second-largest conglomerate, said on Friday it has begun construction of a 900 billion ...
Jul 08, 2022 (Gmt+09:00)
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Travel & Leisure
Moon boats light up the birthplace of Korean Confucianism
Riding a crescent moon-shaped boat that changes colors is a must-do experience in the small South Korean city of Andong, 190 km southeast of Seoul.T...
Jun 29, 2022 (Gmt+09:00)
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Aerospace & Defense
Rolls-Royce awards Hanwha Aerospace for trusted partnership
South Korea’s Hanwha Aerospace Co., has been chosen as one of the best partners of Rolls-Royce, the world’s leading aircraft engine ma...
Jun 21, 2022 (Gmt+09:00)
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Automobiles
Startup tapped to lead S.Korea’s autonomous car security project
South Korea has embarked on a public-private project to bolster communication security for autonomous driving, for which a domestic startup will pla...
Jun 09, 2022 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess