SK Networks
Scope
Date
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Carbon neutrality
SK Ecoplant aims to cut CO2 emissions from fuel cell power generation
South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces elec...
Apr 24, 2023 (Gmt+09:00)
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Batteries
SK On to spend $352 million to mass produce solid-state batteries by 2028
South Korean battery maker SK On Co. said on Monday it will spend 470 billion won ($352 million) to begin mass production in 2028 of solid-state bat...
Apr 24, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom invests $11 mn in AI startup Scatter Lab
South Korea's SK Telecom Co. announced on Monday a strategic partnership with Scatter Lab, the creator of the AI agent "Luda Lee," following a 15 bi...
Apr 24, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Ransomware attacks targeting S.Korean companies on sharp rise
Global hacker groups' ransomware attacks against domestic companies and organizations in the first quarter of this year have been revealed to total ...
Apr 21, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai ties up with LG, SK for $5.3 bn US EV cell plants
Hyundai Motor Group, the leading South Korean automaker, has joined hands with LG Energy Solution Ltd. and its smaller rival SK On Co. to build elec...
Apr 21, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai Engineering, SK Ecoplant to produce carbon-neutral hydrogen
South Korea's Hyundai Engineering Co. and SK Ecoplant Co. are teaming up with Ultra Safe Nuclear Corporation (USNC), a US micro modular reactor (MMR...
Apr 20, 2023 (Gmt+09:00)
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Batteries
SK On to attract $1.1 bn from BlackRock, MBK consortium
SK On Co., the world’s fifth-largest battery maker, is slated to attract 1.5 trillion won ($1.1 billion) from a consortium of US private equit...
Apr 20, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom, SNU Hospital to develop AI diagnosis tool for autism
South Korea's top mobile carrier SK Telecom Co. and Seoul National University Hospital have developed an AI-powered diagnosis tool for the early det...
Apr 20, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix unveils industry’s slimmest 12-layer, 24 GB HBM3 chip
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Thursday it has developed the world’s first 12-layer DRAM product wi...
Apr 20, 2023 (Gmt+09:00)
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Business & Politics
S.Korea’s five major companies form data network alliance
South Korea's five major companies have joined forces to make a combined data product that consolidates their respective information, ranging from c...
Apr 19, 2023 (Gmt+09:00)
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Batteries
Korean battery players LG, Samsung, SK sweep US EV tax credits
It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...
Apr 19, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom enters next-generation broadcasting platform market in US
South Korea's SK Telecom Co. said on Tuesday that it will sell a next-generation broadcast platform, utilizing mobile edge computing (MEC) technolog...
Apr 18, 2023 (Gmt+09:00)
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Electric vehicles
Samsung competes with Apple on rising non-terrestrial network market
The global market for non-terrestrial networks (NTN), or communications systems that use satellites to text and make phone calls even in places wher...
Apr 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, Singaporean company collaborate on virtual production
SK Telecom Co. announced on Monday that it has signed a memorandum of understanding (MOU) with Xon Studios and Singapore's virtual production specia...
Apr 17, 2023 (Gmt+09:00)
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Carbon neutrality
SK Siltron gets 20% of electricity from renewable energy
South Korea’s SK Siltron on Sunday said it procured 19.5% of the electricity it used last year from renewable energy. “In 2020, we were...
Apr 17, 2023 (Gmt+09:00)
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Leadership & Management
SK Group chairman’s eldest son to play key role at US unit PassKey
Chey In-geun, the eldest son of SK Group Chairman Chey Tae-won, has moved to the South Korean conglomerate’s major US business operations amid...
Apr 16, 2023 (Gmt+09:00)
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Chemical Industry
SK, Lotte participate in Asia's largest plastic exhibition
Major chemical companies in South Korea, such as SK Geo Centric (formerly SK Global Chemical), Lotte Chemical Corp. and Lotte Fine Chemical, are par...
Apr 14, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's hy to launch wine import business
South Korea’s hy, formerly Korea Yakult, announced on Thursday that it has recently obtained a liquor import license from South Korea's Nation...
Apr 14, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals wins Red Dot award for 2 devices
South Korea’s SK Biopharmaceuticals on Tuesday said two of its self-developed wearable devices won the main prize in the health care category ...
Apr 12, 2023 (Gmt+09:00)
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Energy
Hanwha heir apparent named senior advisor at US energy investor
Hanwha Group Vice Chairman Kim Dong-kwan, the heir apparent of the South Korean energy-to-defense conglomerate, has been named a senior advisor at S...
Apr 11, 2023 (Gmt+09:00)
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Leadership & Management
LG tops in market cap gain, beating Samsung, SK, Hyundai Motor
The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...
Apr 10, 2023 (Gmt+09:00)
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Hydrogen economy
SK Energy opens S.Korea's first hydrogen charging station for large trucks
SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...
Apr 10, 2023 (Gmt+09:00)
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Carbon neutrality
SK, Samsung accelerate S.Korea’s CO2 capture biz growth
Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and storage (CCUS) busi...
Apr 07, 2023 (Gmt+09:00)
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Batteries
Korea's electric battery maker SK On predicts 'tangible results' from 2024
"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-won, CEO and executiv...
Apr 07, 2023 (Gmt+09:00)
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Venture capital
SK C&C partners with Storm Ventures to discover promising B2B startups
South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and c...
Apr 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom's integrated tech links QCC networks
South Korea's SK Telecom Co. on Wednesday said it developed a technology that virtualizes and connects quantum cryptography and communication (QCC) ...
Apr 05, 2023 (Gmt+09:00)
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Aerospace & Defense
ETRI’s drone communication tech is selected as international standards
South Korean researchers have developed international standards for drone communication, solving the problem of drones being unable to exchange info...
Apr 04, 2023 (Gmt+09:00)
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The KED View
Time for South Korea's answer to the US battery subsidy act
The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...
Apr 04, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix to raise $1.5 bn in exchangeable bonds
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Monday it would raise $1.5 billion through exchangeable bonds (EBs) in a p...
Apr 03, 2023 (Gmt+09:00)
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ESG
SK Siltron joins UNGC to strengthen ESG management
South Korean silicon wafer maker SK Siltron Co. announced on Monday that it has joined the United Nations Global Compact (UNGC) to strengthen its en...
Apr 03, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet