SK Chairman Chey Tae-won
Scope
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Tech, Media & Telecom
LG Chairman Koo on the hunt for talent to win future technology war
LG Group Chairman Koo Kwang-mo is spearheading South Korea’s fourth-largest conglomerate’s search for top R&D talent in science and ...
Mar 17, 2023 (Gmt+09:00)
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Batteries
Korea EV cell makers unveil new products to expand market
South Korea’s electric vehicle battery makers on Wednesday unveiled prototypes of new products, especially lithium iron phosphate (LFP) models...
Mar 16, 2023 (Gmt+09:00)
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Private equity
EQT sees huge potential in security services for S.Korean SMEs
The digital security market is rapidly growing in South Korea, one of the world’s fastest-aging countries and amid its soaring labor costs.&nb...
Mar 16, 2023 (Gmt+09:00)
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Pension funds
S.Korea’s NPS taps investment strategy head as NY office chief
South Korea’s National Pension Service (NPS) is slated to undergo a management reshuffle for the first time since Chief Investment Officer Seo...
Mar 16, 2023 (Gmt+09:00)
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Energy
S.Korea's SK Ecoengineering launches cogeneration platform
SK Ecoengineering Co., a South Korean engineering company specializing in environmental and energy projects, said on Thursday that it has launched a...
Mar 16, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom introduces voice authentication tech to AI contact center
SK Telecom Co. announced on Thursday its partnership with American voice technology company, Pindrop, to introduce an artificial intelligence voice ...
Mar 16, 2023 (Gmt+09:00)
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Future mobility
SK sells US car-sharing firm Turo stake to earn over $32 mn
South Korea’s second-largest conglomerate SK Group exited from Turo, the US top peer-to-peer car-sharing company, to make an estimated return ...
Mar 15, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK C&C to build advanced info systems for Nongshim's overseas corporations
South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information and communications ...
Mar 15, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. puts SK Shipping’s tanker business up for sale
South Korean private equity firm Hahn & Co. is seeking to sell SK Shipping Co.’s tanker division, a business widely seen as the breadwinne...
Mar 13, 2023 (Gmt+09:00)
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Beauty & Cosmetics
SK Chemicals, Yonwoo to develop eco-friendly cosmetic containers
South Korean chemical company SK Chemicals and Yonwoo Co., a subsidiary of Kolmar Korea, which is a leading domestic cosmetic container manufacturer...
Mar 13, 2023 (Gmt+09:00)
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Electric vehicles
SK Networks renames its EV charger unit to SK Electlink
SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...
Mar 13, 2023 (Gmt+09:00)
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Samsung Group
Samsung Chairman Jay Y. Lee pledges more anonymous donations
“I want to actively participate in volunteer work but it isn't easy because my face is known.”Samsung Electronics Co. Chairman Jay Y. Le...
Mar 13, 2023 (Gmt+09:00)
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Korean chipmakers
Korea to raise young chip engineers for Samsung, SK Hynix
South Korea plans to nurture more youths specialized in semiconductors at high schools to ease the worsening shortage of high-skilled workers at d...
Mar 13, 2023 (Gmt+09:00)
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Travel & Leisure
Tourist arrival gap between S.Korea, Japan widens sharply
Since Japan resumed visa-free travel for South Koreans in October last year, South Koreans have been flocking to the neighboring country.But the num...
Mar 10, 2023 (Gmt+09:00)
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Leadership & Management
LG Group Chairman Koo Kwang-mo sued over inheritance in family feud
Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, has been sued over the distribution of inherited wealth, including a s...
Mar 10, 2023 (Gmt+09:00)
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Chemical Industry
SK Geo Centric optimizes plastic recycling tech with US company
SK Geo Centric Co., a South Korean energy and chemical company, is accelerating technical negotiations to build the world's first plastic recycling ...
Mar 10, 2023 (Gmt+09:00)
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Batteries
SK Ecoplant targets European waste battery recycling market
SK Ecoplant Co., its Singaporean subsidiary TES-AMM, and domestic eco-friendly business and secondary battery materials leader Ecopro Co. are poised...
Mar 10, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, Arm partner Gaonchips eyes US as next offshore base
Gaonchips Co., a long-term Samsung Electronics Co’s chip design house partner that also works with British fabless chip company Arm Inc., will...
Mar 10, 2023 (Gmt+09:00)
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Shareholder activism
ISS supports Shinhan Financial Group chairman nominee
Proxy adviser Institutional Shareholder Services Inc. (ISS) is supporting the appointment of Shinhan Financial Group chairman nominee Jin Ok-Dong as...
Mar 10, 2023 (Gmt+09:00)
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Corporate governance
SK Group affiliates hire more female outside directors
Major affiliates of South Korea’s SK Group are recruiting a large number of female outside directors with the arrival of the season of regular...
Mar 10, 2023 (Gmt+09:00)
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Batteries
LG Energy, SK On to showcase LFP battery prototypes at InterBattery 2023
LG Energy Solution Ltd. and SK On Co. will showcase their lithium iron phosphate (LFP) battery prototypes next week, as the two South Korean battery...
Mar 09, 2023 (Gmt+09:00)
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Fraud scandals
Hankook Tire chairman arrested for alleged embezzlement
The head of Hankook Tire & Technology Co., South Korea’s top tire maker, was arrested on Thursday on charges of embezzlement, breach of tr...
Mar 09, 2023 (Gmt+09:00)
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Venture capital
SK Networks invests $22 mn in US AI-based device company
South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, ...
Mar 09, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Square’s Swiss unit joins EU quantum satellite project
A Swiss company owned by South Korea’s SK Square Co. has joined a European project to develop a quantum communications satellite, the company ...
Mar 09, 2023 (Gmt+09:00)
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Foreign exchange
Korea won sees largest drop in 1 month on hawkish Powell
The South Korean won currency on Wednesday suffered its largest depreciation in more than a month as Federal Reserve Chairman Jerome Powell signal...
Mar 08, 2023 (Gmt+09:00)
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Construction
SK Oceanplant acquires patents for offshore wind power structure fabrication
SK Oceanplant, a South Korean ship and offshore plant builder formerly known as Samkang M&T, announced on Wednesday that it has acquired two pat...
Mar 08, 2023 (Gmt+09:00)
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Energy
S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech
South Korea's SK Ecoplant Co. and POSCO on Wednesday said they secured basic design certification from the Norwegian classification body DNV for "K-...
Mar 08, 2023 (Gmt+09:00)
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Bio & Pharma
SK Plasma to build blood products plant in Indonesia
South Korea’s SK Plasma will build a blood products plant in Indonesia.Industry sources on Tuesday said the company recently received approval...
Mar 08, 2023 (Gmt+09:00)
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Economy
S.Korea lags Taiwan in GNI per capita for first time since 2002
South Korea’s gross national income (GNI) per capita dropped 7.7% on-year last year, coming in below that of its smaller rival Taiwan for the ...
Mar 07, 2023 (Gmt+09:00)
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Waste management
SK Chemicals buys Chinese supplier’s recycled raw materials, PET unit
South Korea’s SK Chemicals has created a production system for chemically recycled raw materials and PET for about 130 billion won ($100.1 mil...
Mar 07, 2023 (Gmt+09:00)
Latest News
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- 3 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 4 Invesco, SK D&D likely to buy co-living building in Seoul
- 5 Coupang bids for Korean luxury market dominance with Farfetch