SK All Time Net Zero
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Korean chipmakers
SK Hynix unveils industry’s 1st 10-nanometer DDR5, aims for top spot
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., has emerged as the dominant player in the sought-aft...
Aug 29, 2024 (Gmt+09:00)
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Automobiles
Hyundai zeroes in on hybrid cars, longer-range EVs
Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or ...
Aug 28, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Innovation-SK E&S merger gains shareholders’ nod
SK Innovation Co., South Korea’s largest energy company, has won majority support from its shareholders for a merger with its liquefied natura...
Aug 27, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom provides SaaS-based passkey solution for biz
South Korea's SK Telecom Co. said on Monday it offers a passkey system, enabling password-free login and user authentication, via a software-as-a-se...
Aug 26, 2024 (Gmt+09:00)
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Korean chipmakers
Kioxia’s TSE IPO: Boon for SK Hynix, bane for Samsung Electronics?
TOKYO – The planned initial public offering (IPO) of Japanese memory chipmaker Kioxia Holdings Corp. is expected to affect its bigger South Ko...
Aug 25, 2024 (Gmt+09:00)
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Pension funds
NPS to veto SK Innovation’s merger with LNG affiliate
South Korea’s National Pension Service (NPS), manager of the world’s third-largest public pension fund, said on Thursday it is set to ve...
Aug 23, 2024 (Gmt+09:00)
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Chemical Industry
SKC to merge two biodegradable material subsidiaries
South Korea's SKC Ltd. said on Wednesday that it plans to merge its biodegradable material subsidiaries, SK Leaveo and SK Tbmgeostone with the merge...
Aug 23, 2024 (Gmt+09:00)
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Corporate strategy
AI-driven shifts will unlock opportunities: SK Chairman
Challenges are ahead but the artificial intelligence industry will eventually boom, opening new markets, said South Korea’s second-largest bus...
Aug 22, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor’s 1st overseas plant in Turkey makes decent turnaround
Back in the late 1990s, South Korea’s top automaker Hyundai Motor Co. built its first overseas plant in Turkey, betting on the European and Mi...
Aug 21, 2024 (Gmt+09:00)
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Korean stock market
Korea's KEDI-based ETFs boom; net assets double in 2 months
South Korean exchange-traded funds (ETFs) tracking KEDI, an index set created by The Korea Economic Daily, are booming on growing investor demand fo...
Aug 20, 2024 (Gmt+09:00)
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Corporate strategy
SK seeks sale of specialty gas unit for around $3 bn
SK Group, the second-largest conglomerate in South Korea, is considering selling global leading specialty gas producer SK Specialty Co. for around 4...
Aug 19, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to unveil industry’s highest-capacity eSSD in November
Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil the industry’s highest-capacity enterprise solid-state dr...
Aug 19, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s turnaround gains traction from US, China
SK Hynix Inc., the world’s No. 2 memory chipmaker, has made a significant business turnaround in the US and China, which made up 80% of its sa...
Aug 18, 2024 (Gmt+09:00)
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Bio & Pharma
SK Bioscience sells stake in US vaccine developer Novavax
SK Bioscience Co., a drug-making arm of South Korea's No. 2 conglomerate SK Group, has sold a stake in Nasdaq-listed vaccine developer Novavax Inc. ...
Aug 16, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom releases Liberation Day remastering video
South Korea's SK Telecom Co. restored footage and audio from around the time of the country's liberation in 1945, allowing modern audiences to share...
Aug 14, 2024 (Gmt+09:00)
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Korean stock market
Korea’s retail investors buy stocks on dips in turmoil
South Korea’s individual investors took the recent turmoil in stock markets as an opportunity to buy shares at home and abroad on dips, bettin...
Aug 13, 2024 (Gmt+09:00)
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Korean stock market
MSCI Korea Index adds LS Electric
South Korea's LS Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index, MSCI announced on Tuesday.MSCI Inc. reba...
Aug 13, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, Nokia to cooperate on AI-based network tech
South Korea's SK Telecom Co. announced on Monday that it signed a memorandum of understanding (MOU) with Nokia to commercialize the wired network AI...
Aug 12, 2024 (Gmt+09:00)
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Chemical Industry
Kolon to invest $94 mn in industry film JV with SK Microworks
South Korea’s major chemical materials producer Kolon Industries Inc. is set to invest 129.6 billion won ($94.2 million) to establish an indus...
Aug 09, 2024 (Gmt+09:00)
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Carbon neutrality
SK Earthon wins Australian carbon storage exploration rights
SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., will spe...
Aug 08, 2024 (Gmt+09:00)
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Korean chipmakers
Memory chip demand to stay firm until H1 2025: SK Hynix CEO
The memory chip market is expected to remain upbeat for some time after the industry was resurrected by robust demand for high-performing memory chi...
Aug 07, 2024 (Gmt+09:00)
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Automobiles
Hankook Tire to supply tires to Mercedes-AMG for first time
Hankook Tire & Technology Co. said on Wednesday that it will supply its tires for Mercedes' high-performance brand AMG's sports car, the GT Coup...
Aug 07, 2024 (Gmt+09:00)
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Companies
Kakao Games reports sharp drop in Q2 operating profit
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., reported a sharp decline in second-quarter earnings on Wednesday d...
Aug 07, 2024 (Gmt+09:00)
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E-commerce
Coupang posts 1st quarterly loss in two years; revenue soars
Coupang Inc., South Korea's e-commerce behemoth, posted its first quarterly loss in two years after booking the hefty fine imposed in relation to it...
Aug 07, 2024 (Gmt+09:00)
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Korean chipmakers
US to award SK Hynix up to $450 mn for Indiana chip complex
The US government said on Tuesday it plans to provide SK Hynix Inc., the world’s leading high-bandwidth memory (HBM) chipmaker, up to $450 mil...
Aug 07, 2024 (Gmt+09:00)
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Earnings
SK Telecom logs higher quarterly profit on AI, lower costs
SK Telecom Co., South Korea’s top mobile carrier, reported a higher quarterly profit as its cost-cutting and strong artificial intelligence (A...
Aug 06, 2024 (Gmt+09:00)
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E-commerce
Korean e-commerce startup funding sharply drops since 2022
South Korean e-commerce companies have seen a sharp decline in series A funding over the past three years amid intensifying competition with Chinese...
Aug 06, 2024 (Gmt+09:00)
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Energy
SK Gas delays $1 bn combined cycle power plant operation
SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) distributor, has postponed the commercial operation of its combined cycle power...
Aug 06, 2024 (Gmt+09:00)
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Korean stock market
South Korean stock market crashes; more falls seen ahead
The South Korean stock market was one of the worst victims of panic selling by investors fearing further negative US economic news on Monday, with t...
Aug 05, 2024 (Gmt+09:00)
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Automobiles
Hyundai Tucson HEV posts record US sales as hybrids catch on
South Korea’s Hyundai Motor Co. saw sales of the hybrid version of its flagship Tucson SUV hit an all-time monthly high in July in the US, the...
Aug 02, 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 bad consumer 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