SK Ecoplant to invest $80 mn in Malaysia for SE Asia biz
South Korea’s top waste management company SK Ecoplant Co. is set to expand its business in Southeast Asia with an $80 million investment in M...
SK invests in US digital healthcare firm Cala Health
South Korea's SK Biopharmaceuticals Co. has dipped its toes into the rapidly growing digital healthcare market by investing in Cala Health, a US-bas...
SK ties up with Bill Gates’ TerraPower for small nuclear reactor biz
SK Group, South Korea’s No. 2 conglomerate, joined hands with TerraPower, an advanced nuclear power venture founded by billionaire Bill Gates,...
LG Energy, SK On to add prismatic types to EV cell lineups
LG Energy Solution Ltd. and SK On Co., the world’s No. 2 and No. 5 battery makers, respectively, are set to add prismatic batteries to their l...
SK On bolsters M&A team with new executive hires
SK On Co., an electric vehicle battery maker of SK Innovation Co., is bolstering its M&A team by hiring M&A experts from a leading law firm ...
SK Hynix board strengthens role for greater say
SK Hynix Inc.’s board of directors is actively involved in the South Korean chipmaker’s management from the stages of strategy formulati...
Lotte Chemical raises stake in Fine Chemical amid merger talk
South Korea’s Lotte Chemical Corp. has raised its stake in affiliate Lotte Fine Chemical Co. amid speculation that the two companies may merge...
SK Square taps NPS PE expert as global investment head
South Korea’s investment firm SK Square Co. announced on Thursday that it has chosen Harvey Hakjin Bae, a former alternative investment expert...
SK On to build $2.3 bn EV battery plant for Hyundai in US
SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, plans to build a new US factory to supply batteries to a planned E...
KKR to buy SK’s gas production facility for more than $785 mn
KKR & Co., a global private equity firm, is set to buy South Korean conglomerate SK Group’s industrial gas production facility at slightly...
SK E&S invests $110 million in world’s largest carbon capture project
SK E&S Co., the natural gas business unit of South Korea’s SK Group, is investing $110 million for a 10% stake in Summit Carbon Solutions ...
Korea losing ground in semiconductor talent development
South Korea, home to the world’s top two memory chipmakers, is losing ground for talent development in the semiconductor sector as fewer profe...
SK Telecom to launch metaverse platform in Europe
South Korea’s top mobile carrier SK Telecom Co. and its spin-off investment firm SK Square Co. joined hands with Europe’s largest teleco...
SKT, SK Square invests $40 mn in Korea metaverse game firm
South Korea’s top mobile carrier SK Telecom Co. and its spin-off SK Square Co. have together invested 50 billion won ($40 million) into a loca...
Samsung, SK Hynix scramble for talent amid a lack government support
Samsung Electronics Co. and SK Hynix Inc., the world’s top memory chipmakers, are scrambling for semiconductor manpower in South Korea as the ...
Hyundai Heavy likely to be added to MSCI Korea index
Hyundai Heavy Industries Co., the world's largest shipbuilder, is the strongest candidate to be included in the MSCI Korea Index next week as part o...
SK Shieldus drops IPO on lukewarm demand from investors
South Korean leading security services provider SK Shieldus Co. has scrapped its plan to go public this month. Its bookbuilding gained tepid investo...
SK, BlackRock team to bet on EV charging station maker
SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...
SK Innovation logs record profit in Q1 on strong refining biz
SK Innovation Co., South Korea’s top refiner, enjoyed the record quarterly earnings on strong crude prices and margins, joining the list of do...
SK beats Hyundai Motor to become S.Korea’s No.2 conglomerate
SK Group, which has SK Inc. as its holding company, is now South Korea’s second-largest conglomerate by asset size – replacing automotiv...
SK Hynix posts record Q1 sales buoyed by Solidigm, may build another fab
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it is considering building another chip fabrication line after p...
SK buys power semiconductor maker for EV chip business
SK Group, South Korea’s third-largest conglomerate, has geared up its electric vehicle chip business development with the acquisition of a loc...
Lotte Chemical, Soelect in $200 million JV for advanced batteries
South Korea’s Lotte Chemical Corp. is advancing into the electric vehicle battery market by forming a $200 million joint venture with US batte...
LG Electronics establishes hiring-guaranteed AI department at Yonsei
LG Electronics Inc. is poised to set up a new department at Seoul-based Yonsei University to train aspiring artificial intelligence engineers. ...
Korean drugmakers close to commercializing COVID-19 vaccine, pill
South Korea’s biopharmaceutical companies are close to commercializing a COVID-19 vaccine and treatment pill as they are on the brink of compl...
SK Networks sees $80 mn valuation gain from Kurly
South Korea's grocery delivery app Kurly Inc. has generated a valuation gain of 100 billion won ($80 million) for SK Networks Co., or a triple-digit...
SK Ecoplant to build largest commercial data center in Korea
South Korea’s SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is slated to develop the largest commercial data cen...
SK Earthon to explore oil block off Malaysian coast
South Korea’s SK Earthon Co., an energy and petroleum unit of SK Innovation Co., and Malaysia's Petroleum Sarawak Exploration & Production...
SK’s gas unit to sell production facility for $809 mn
South Korean conglomerate SK Group’s industrial gas-making unit is set to sell a local production facility for about 1 trillion won ($809 mill...
SK On bidders weigh growing risks of battery makers
Some of the four shortlisted bidders for South Korea's SK On Co. recently went back to the drawing board to assess the value of the world's No. 5 el...
