SK Innovation Global Forum
Scope
Date
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Electric vehicles
Hyundai launches electrified GV70’s global premiere in China to boost sales
Hyundai Motor Co. has unveiled an electric variant of the GV70, a premium SUV under its standalone Genesis brand, for the first time globally at a C...
Nov 19, 2021 (Gmt+09:00)
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Korean chipmakers
Legendary chip architect Jim Keller may team up with Samsung Electronics
Samsung Electronics Co. on Thursday hosted its third annual foundry forum, a gathering of its partners around the world, where legendary chip archit...
Nov 18, 2021 (Gmt+09:00)
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Energy
SK Ecoplant to start offshore wind power business
SK Ecoplant Co., the construction unit of South Korea’s SK Group, is slated to enter the offshore wind power business by acquiring a local win...
Nov 17, 2021 (Gmt+09:00)
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Entertainment
BTS, TWICE to lead restart of K-pop global live concerts
K-pop artists such as BTS and TWICE are set to resume global live concerts – suspended by the global pandemic for about two years – as c...
Nov 17, 2021 (Gmt+09:00)
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COVID-19
SK seeks to make Pfizer, Merck COVID-19 pills in CMO deals
SK Inc., the investment and holding company of South Korea’s SK Group, is seeking to make COVID-19 treatment pills developed by Pfizer Inc. an...
Nov 17, 2021 (Gmt+09:00)
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Batteries
SK, Beijing Easpring Material join hands on battery materials
SK Inc., the holding and investment company of South Korea’s SK Group, and Beijing Easpring Material Technology Co., a major Chinese cathode m...
Nov 16, 2021 (Gmt+09:00)
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Earnings
Mirae Asset Global Investments posts record-high Q1-Q3 net profit
Mirae Asset Global Investments Co. announced on Nov. 15 that its operating profit and net profit for the first three quarters came in at 312.4 bil...
Nov 16, 2021 (Gmt+09:00)
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Automobiles
Global carmakers deliver unfinished cars due to chip shortage
Global carmakers are now delivering unfinished cars, or vehicles without popular convenience features such as USB ports, to appease customers runnin...
Nov 15, 2021 (Gmt+09:00)
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Supply chain
Urea crisis lays bare South Korea’s heavy dependence on China
The diesel exhaust fluid crisis hitting South Korea across various industries lays bare the supply chain vulnerability of the country, which has hea...
Nov 14, 2021 (Gmt+09:00)
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Private equity
AIIB commits $60 mn to STIC Asia Infra Innovation Fund
The Asian Infrastructure Investment Bank (AIIB) has committed $60 million to the STIC Asia Infrastructure Innovation Fund managed by South Korea&r...
Nov 12, 2021 (Gmt+09:00)
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Retail
SK to invest $340 mn in Vietnam’s major retail platform The CrownX
South Korea’s conglomerate SK Group said on Nov. 11 that it agreed to invest $340 million in The CrownX, a retail platform of Masan Group Corp...
Nov 11, 2021 (Gmt+09:00)
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Earnings
HMM rakes in record quarterly profits on higher freight rates
HMM Co., South Korea’s largest container line, posted fresh record sales and profits in the third quarter, boosted by higher freight rates and...
Nov 11, 2021 (Gmt+09:00)
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Supply chain
Global supply crisis endangers S.Korea’s manufacturers
A South Korean electric equipment maker has decided not to seek any new orders as a spike in prices of commodities such as copper and supply disrupt...
Nov 09, 2021 (Gmt+09:00)
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[ASK 2021] European NPL market growth creates investment opportunities
Global asset managers will see great opportunities in the European non-performing loan market amid challenges facing the EU banking industry, such...
Nov 08, 2021 (Gmt+09:00)
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IPOs
Korea’s Netmarble Neo drops listing plan as sentiment sours
South Korea’s game developer Netmarble Neo decided to withdraw its initial public offering plan as sentiment in the primary market sours amid ...
Nov 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
KKR invests $2 bn in SK E&S' new preferred shares
KKR & Co. has signed an agreement to buy 2.4 trillion won ($2 billion) worth of newly-issued preferred shares in SK E&S Co., the US private ...
Nov 05, 2021 (Gmt+09:00)
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Retail
Jeju as Korea's new shopping mecca: Shinsegae's task ahead
Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...
Nov 04, 2021 (Gmt+09:00)
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Pension funds
Teachers' Pension to sharply up direct global stock investment
The Teachers' Pension in South Korea has started direct investment in overseas stock markets this year and will further increase direct management t...
Nov 04, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to debut IONIQ 7 concept in November LA auto show
Hyundai Motor Co. on Thursday revealed teaser images of SEVEN, an all-electric SUV concept that would be the IONIQ 7, its first large-size SUV under...
Nov 04, 2021 (Gmt+09:00)
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Korean games
Supergene looks well beyond smash hit instant game OMG
Commanding more than 100 million users for a South Korean Internet social service or a mobile game is uncommon even among industry leaders.Naver Cor...
Nov 03, 2021 (Gmt+09:00)
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Korean startups
Specialty coffee brand Terarosa raises $60 mn from Unison Capital
The operator of Terarosa, known as the Blue Bottle Coffee of South Korea, has received around 70 billion won ($60 million) in funding from Unison Ca...
Nov 02, 2021 (Gmt+09:00)
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Business & Politics
SK Group’s Chey vows half of $52 bn US spending in batteries, hydrogen
SK Group Chairman Chey Tae-won has vowed to spend $26 billion, or half of the group’s planned investment in the US by 2030, on electric vehicl...
Nov 02, 2021 (Gmt+09:00)
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Shareholder activism
SK Chem says no immediate plan to sell SK Bioscience stake
SK Chemicals Co., the top shareholder of South Korea's SK Bioscience Co., is not considering reducing its stake in the vaccine maker in the immediat...
Nov 02, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix in $492 million Key Foundry deal, doubles foundry capacity
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Friday it is acquiring a 100% stake in South Korea-based Key Foundry for 5...
Oct 29, 2021 (Gmt+09:00)
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Energy
SK E&S in talks to sell ESS, solar energy projects
SK E&S Co. is in talks with a number of private equity firms and financial investors to sell energy storage systems (ESS) and solar energy devel...
Oct 29, 2021 (Gmt+09:00)
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Batteries
Race heats up in solid-state battery development
Global automakers and battery producers are accelerating the development of a next-generation electric vehicle battery, called an all-solid-state ba...
Oct 28, 2021 (Gmt+09:00)
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ASK 2021
NPS to up strategic partnerships with global institutions
The National Pension Service (NPS) will increase strategic investments with leading global institutional investors to boost overseas alternative inv...
Oct 28, 2021 (Gmt+09:00)
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ASK 2021
Goldman picks three key factors for alternative investment
A number of clear trends will play out for alternatives in the future, notably digitization, customization, and values-based investing, Goldman Sach...
Oct 27, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix to buy back ex-foundry unit after strong Q3 results
SK Hynix Inc. will be buying back the remaining stake in its former unit Key Foundry to double its foundry capacity, after its third-quarter operati...
Oct 26, 2021 (Gmt+09:00)
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AgTech
AgTech attracts global billionaires’ investment
Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos and Softbank Group founder Masayoshi Son have recently shown a common interest in a surpr...
Oct 25, 2021 (Gmt+09:00)
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