SK Global Forum
Scope
Date
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Electric vehicles
SK Signet supplies 37 ultra-fast EV charging posts to G20 Bali summit
SK Signet Inc., the electric vehicle (EV) charging arm of SK Inc., announced on Monday that it will supply the upcoming G20 summit with 37 ultra-fas...
Nov 14, 2022 (Gmt+09:00)
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Batteries
SK Nexilis develops copper foil for cylindrical batteries
South Korea's SK Nexilis, a maker of copper foil for secondary cells under SKC Inc., has achieved a world first with its development of a highly elo...
Nov 14, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis signs $796 million shipping deal with global automaker
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...
Nov 11, 2022 (Gmt+09:00)
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Bio & Pharma
SK Biopharma's epilepsy treatment posts impressive growth in US
South Korean SK Biopharmaceuticals' epilepsy treatment Cenobamate has seen rapid growth on the US market.The company on Thursday said the medic...
Nov 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
SK Tel aims for $723 mn in subscription service transaction volume
SK Telecom Co. plans to reach 1 trillion won ($723 million) in transaction volume for subscription services such as its new T Universe. The Sou...
Nov 10, 2022 (Gmt+09:00)
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Hydrogen economy
Korea's SK E&S to produce 30,000 tons of liquid hydrogen per year
SK E&S, the energy affiliate of SK Group, from next year will start domestic output and distribution of up to 30,000 tons of liquid hydrogen ann...
Nov 10, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix starts shipping low-power, high-efficiency LPDDR5X chips
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...
Nov 09, 2022 (Gmt+09:00)
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Earnings
Korea's Walkerhill Hotels and Resorts posts 1st surplus in 11 quarters
South Korea's Walkerhill Hotels and Resorts, run by SK Networks, has returned to the black after two years and nine months thanks to growth in the n...
Nov 09, 2022 (Gmt+09:00)
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Private equity
SK Square chief expects significant investment gains from next year
SK Square Co., the investment management arm of South Korea’s SK Group, is looking to reap handsome gains from its investment and divestment a...
Nov 09, 2022 (Gmt+09:00)
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Earnings
Lotte Chemical posts deficit for second straight quarter
Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...
Nov 09, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Microsoft CEO Nadella to speak at developers' forum in Seoul
Microsoft Korea said on Tuesday that it will host Microsoft Ignite Spotlight on Korea, an annual conference for developers and IT professionals, on ...
Nov 08, 2022 (Gmt+09:00)
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Corporate restructuring
SK Telesys merges with SK Solmics, both wholly owned subsidiaries of SKC
SK Solmics Co., a wholly owned subsidiary of SKC Inc., is poised to merge with SK Telesys Co. on February 1 of next year, according to regulatory fi...
Nov 08, 2022 (Gmt+09:00)
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Economy
Falling Korea current account surplus heightens economic woes
South Korea’s current account surplus has shrunk on falling exports, adding to concerns over a slowdown in Asia’s fourth-largest economy...
Nov 08, 2022 (Gmt+09:00)
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Chemical Industry
Aekyung Chemical develops 1st domestically made refrigeration lubricant
Korea's Aekyung Chemical, an affiliate of Aekyung Group, along with GS Caltex, has made the nation's first localized refrigeration lubricant in line...
Nov 08, 2022 (Gmt+09:00)
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Economy
Intensify 'friend-shoring' to boost foreign direct investment: Baldwin
Global businesses are forecast to suffer supply chain disruptions next year amid worsening geopolitical risk, such as the Russia-Ukraine war and pro...
Nov 07, 2022 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics in CDO deal talks with global pharma firm
FRANKFURT – Samsung Biologics Co., the world’s largest contract drugmaker, is in talks to develop medicines for a global pharmaceutical ...
Nov 07, 2022 (Gmt+09:00)
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Batteries
SK Nexilis bolsters ties with Polish, Korean cities for sustainable growth
South Korean copper foil producer SK Nexilis Co. on Nov. 7 signed an MOU with the authorities of two cities — Jeongeup, Korea, and Stalowa Wol...
Nov 07, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea's shipbuilding order volume to plummet next year: report
South Korea's shipbuilders fear seeing their orders next year plummet by over 40% on-year due to disruptions in related financing amid surging inter...
Nov 07, 2022 (Gmt+09:00)
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Batteries
SK On to buy battery material lithium hydroxide from Chile's SQM
SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...
Nov 06, 2022 (Gmt+09:00)
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Batteries
SK IE Technology to embark on non-deal roadshow in Hog Kong, Singapore
SK IE Technology Co. (SKIET), a unit of South Korea’s energy and battery maker SK Innovation Co., said on Friday it is embarking on a non-deal...
Nov 04, 2022 (Gmt+09:00)
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Carbon neutrality
Hyundai Heavy to invest $30 million in TerraPower for SMR business
South Korea’s Hyundai Heavy Industries Group said on Friday it has signed a deal to invest $30 million in TerraPower, a US nuclear power ventu...
Nov 04, 2022 (Gmt+09:00)
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Batteries
SK On may secure money for capex from parent company
SK On Co., the world’s fifth-largest electric battery maker, may receive money for capacity expansion from its parent company SK Innovation Co...
Nov 04, 2022 (Gmt+09:00)
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Korean startups
SK Chair Chey advises startups to address social issues for viability
In an event that marked the 10-year anniversary of startup accelerator SparkLabs, South Korean business magnate Chey Tae-won said now is the time fo...
Nov 04, 2022 (Gmt+09:00)
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Electronics
Korean LED maker marks 100th victory in global patent wars
Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...
Nov 04, 2022 (Gmt+09:00)
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Banking & Finance
Korean American women leaders in finance stress finding joy in work
NEW YORK – One by one, impeccably dressed Korean American women flocked into the Anchorage Capital Group’s headquarters in New York City...
Nov 03, 2022 (Gmt+09:00)
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Mergers & Acquisitions
EQT Partners to invest $1.4 bn in Korea's No. 2 physical security firm
Sweden’s EQT Partners AB is set to acquire a 36.87% stake in South Korean security services provider SK Shieldus Co. from a consortium led by ...
Nov 02, 2022 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals to make CES debut in January
SK Biopharmaceuticals will take part in CES 2023, the world's largest trade show for IT and electronics held in Las Vegas, to unveil its medical dev...
Nov 02, 2022 (Gmt+09:00)
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ESG
Korea's SK Chemicals to make chemically recycled food containers
South Korea's SK Chemicals on Tuesday said it has joined forces with Poolinglim P&P to make the nation's first food containers using chemically ...
Nov 01, 2022 (Gmt+09:00)
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Batteries
EcoPro BM to build battery materials plant in Canada
EcoPro BM Co., South Korea’s leading battery material producer, is set to build a plant in Canada with a $704 million investment in a partners...
Oct 31, 2022 (Gmt+09:00)
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Food & Beverage
Domino’s Korea to use third party delivery agents, the franchise's first case
It took a whole year for Domino’s Korea to convince the Michigan-based delivery pizza behemoth for an exemption to its corporate guidance of u...
Oct 31, 2022 (Gmt+09:00)
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