Korea's SK Chemicals to make chemically recycled food containers

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 ...

EcoPro BM to build battery materials plant in Canada

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...

Korea's stock deposits dip to lowest point since July 2020

Korea's stock deposits dip to lowest point since July 2020

Monthly average deposits for stock investment in South Korea are poised to drop below 50 trillion won ($35.1 billion) for the first time since July ...

Hyundai Motor to boost US presence with $5.5 bn new Georgia EV plant

Hyundai Motor to boost US presence with $5.5 bn new Georgia EV plant

Hyundai Motor Co. broke ground on a $5.54 billion electric vehicle and battery plant in the US state of Georgia on Tuesday, as the top South Korean ...

SK Hynix eyes DDR5 dominance with industry’s fastest chip modules

SK Hynix eyes DDR5 dominance with industry’s fastest chip modules

SK Hynix Inc., the world’s second-largest memory chipmaker, is aiming to secure market dominance for a next-generation DRAM chip called DDR5 b...

Carlyle, KKR again compete for Korean dental scanner maker

Carlyle, KKR again compete for Korean dental scanner maker

US private equity giants The Carlyle Group and Kohlberg Kravis Roberts & Co. (KKR) are again competing to acquire the world’s third-larges...

SK On raises $2 bn in bank loans for Hungary plant

SK On raises $2 bn in bank loans for Hungary plant

SK On Co., a South Korean battery maker, has raised $2 billion in bank loans to build its third plant in Hungary, a regulatory body said on Thursday...

SK Signet to build $15 million EV charger plant in Texas

SK Signet to build $15 million EV charger plant in Texas

SK Signet Inc., a unit of South Korea’s second-largest conglomerate SK Group, said on Wednesday it will spend $15 million, or 21.3 billion won...

US to allow Samsung, SK Hynix to import to China for 1 year

US to allow Samsung, SK Hynix to import to China for 1 year

The Biden administration has decided to allow Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, to import ...

SK On in 10-year lithium deal with Australia’s Lake Resources

SK On in 10-year lithium deal with Australia’s Lake Resources

SK On Co., a leading South Korean battery maker, said on Wednesday it has signed a long-term contract to procure lithium, a key battery material, fr...

KLA to stop chip tool supply to customers in China: Report

KLA to stop chip tool supply to customers in China: Report

US chip toolmaker KLA Corp. will cease offering some supplies and services from Wednesday to China-based customers including SK Hynix Inc., the worl...

SK Siltron, UK's IQE to produce high-efficiency wafers for Asian market

SK Siltron, UK's IQE to produce high-efficiency wafers for Asian market

South Korean silicon wafer maker SK Siltron Co. has teamed up with UK-based wafer products supplier IQE plc to produce gallium nitride (GaN) epitaxi...

Korea's Naver to ramp up global IR activity as stock continues decline

Korea's Naver to ramp up global IR activity as stock continues decline

South Korea’s online portal giant Naver Corp. is poised to hire an investor relations (IR) executive whose chief responsibility will be to com...

Hahn & Co. to sell off Korea's major biofuel maker SK Eco Prime

Hahn & Co. to sell off Korea's major biofuel maker SK Eco Prime

South Korean private equity firm Hahn & Company is set to put a 100% stake in biofuel manufacturer SK Eco Prime on sale, with Goldman Sachs as a...

NHN Cloud to raise $141 mn from stock issuance

NHN Cloud to raise $141 mn from stock issuance

South Korea’s cloud service provider NHN Cloud Corp. is eyeing 1.1 trillion won ($776 million) corporate value via a new stock issuance, marki...

SK Hynix hikes use of locally produced neon gas for chip manufacture

SK Hynix hikes use of locally produced neon gas for chip manufacture

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it will significantly raise the use of locally produced neon, a ...

Samsung leader Lee calls on mgt to raise shareholder value

Samsung leader Lee calls on mgt to raise shareholder value

Samsung Electronics Co. set up a task force team dedicated to increasing its shareholder value last month, according to industry sources on Oct. 4. ...

Korea to complete process for stock market fund in mid-Oct

Korea to complete process for stock market fund in mid-Oct

South Korea is set to complete the process for a stock market stabilization fund of 10 trillion won ($7 billion) by the middle of this month, to be ...

SK Telecom joins race for Korean dental scanner maker

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 ...

Short selling piles up on Kospi’s top three stocks

Short selling piles up on Kospi’s top three stocks

South Korea’s three largest companies by market cap -- Samsung Electronics Co, LG Energy Solution Co. and SK Hynix Inc. -- were heavily short ...

Korea's SK Siltron to invest $597 mn in silicon wafer production

Korea's SK Siltron to invest $597 mn in silicon wafer production

South Korea’s SK Siltron Co. will invest 855 billion won ($597.4 million) to expand its 300-millimeter (12-inch) silicon wafer manufacturing f...

SK On inks lithium deal with Australian firm for US tax credit

SK On inks lithium deal with Australian firm for US tax credit

SK On Co., the world’s fifth-largest electric vehicle battery maker, has signed a deal with an Australian lithium producer. Securing the core ...

S.Korea to take measures to support stock, bond markets

S.Korea to take measures to support stock, bond markets

South Korea is set to take measures to stabilize local stock and bond markets hit by global interest rate hikes amid growing risks of a worldwide ec...

Kospi hits two-year low; regulators mull short-selling ban

Kospi hits two-year low; regulators mull short-selling ban

South Korea's stock market tumbled to its lowest level in more than two years on Wednesday, as fears of a slowing global economy and rising inflatio...

SK Telecom commercial feature AI human to promote content platform

SK Telecom commercial feature AI human to promote content platform

South Korea’s major telecom company SK Telecom Co. has adopted a virtual human to feature in one of its commercial ads for the first time in t...

Korea's Kospi plunges to year's record low close on foreign selling

Korea's Kospi plunges to year's record low close on foreign selling

South Korea’s main bourse Kospi dropped 1.81% to finish at 2,290.00 on Sept. 23, hitting a new low closing for the year amid growing woes over...

SK Innovation tech turns 98% of carbon dioxide into carbon monoxide

SK Innovation tech turns 98% of carbon dioxide into carbon monoxide

The Institute of Technology Innovation operated by SK Innovation Co. announced on Friday that it has developed electrochemical catalytic technology,...

SK's Chey, Zambian president discuss EV battery material deal

SK's Chey, Zambian president discuss EV battery material deal

South Korea’s SK Group Chairman Chey Tae-won has met with Zambian President Hakainde Hichilema to discuss potential mineral deals in core mate...

SK’s Chey says survival is now top priority over profits

SK’s Chey says survival is now top priority over profits

SK Group Chairman Chey Tae-won says that survival now takes top priority over profits and management efficiency as escalating tensions between the U...

S.Korea’s SK Gas expands LNG, hydrogen biz for future

S.Korea’s SK Gas expands LNG, hydrogen biz for future

ULSAN -- SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier, is expanding its liquefied natural gas (LNG) and hydrogen ...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race