SK batteries
Scope
Date
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Tech, Media & Telecom
SK Telecom expands business portfolio with quantum tech
South Korea’s top mobile carrier SK Telecom Co. is expanding its business portfolio with quantum technology, even into industries that are unr...
Sep 20, 2022 (Gmt+09:00)
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Tech, Media & Telecom
SK Broadband develops green, efficient network technology
South Korea's internet service provider SK Broadband Co. has developed optical communications technology that simultaneously provides differing degr...
Sep 20, 2022 (Gmt+09:00)
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IPOs
Korea battery, chip companies fail to reboot IPO market
South Korea’s battery and semiconductor companies, stock investors’ favorites, failed to revive the local initial public offering market...
Sep 18, 2022 (Gmt+09:00)
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Batteries
Ford CEO heads to Korea to discuss EV tax credit with LG Energy, SK On
Ford Motor Co. Chief Executive Jim Parley will visit South Korea early next week to meet with chief executives of its battery suppliers LG Energy So...
Sep 16, 2022 (Gmt+09:00)
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Batteries
Seoul pushes for battery recycling to bypass US bill
South Korea will step up policy efforts to promote battery recycling, which might help the country get around the new US bill aimed at keeping elect...
Sep 16, 2022 (Gmt+09:00)
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Corporate strategy
SK Tel CEO says low valuation tops list of his concerns
South Korea’s SK Telecom Co. is undervalued relative to its robust earnings and steady dividend payouts and needs to boost new AI-driven growt...
Sep 15, 2022 (Gmt+09:00)
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Batteries
South Korea bans L&F from building a battery material plant in US
The South Korean government has banned L&F Co., a battery materials maker, from building a new plant in the US amid a controversy over the Infla...
Sep 15, 2022 (Gmt+09:00)
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Foreign exchange
Tumbling Korean won increases corporate debt burden
The South Korean won extended its losses to hit its weakest level since the 2008-09 global financial crisis on Wednesday, pressured by higher-than-e...
Sep 14, 2022 (Gmt+09:00)
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Future mobility
SK Telecom-led consortium to commercialize air taxis on Jeju Island
Come 2025, visitors to South Korea’s resort island of Jeju will be able to hail air taxis while there – thanks to special air routes ded...
Sep 14, 2022 (Gmt+09:00)
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Corporate investment
SK allots 40% of local spending to non-capital areas
SK Group, South Korea’s second-largest conglomerate after Samsung, will funnel 67 trillion won ($48 billion), or about 40% of its 2022-2026 do...
Sep 14, 2022 (Gmt+09:00)
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COVID-19
SK Bioscience seeks WHO nod for prompt COVID vaccine sale
SK Bioscience Co., the biopharmaceutical unit of South Korea’s No. 2 conglomerate SK Group, sought approval from the World Health Organization...
Sep 08, 2022 (Gmt+09:00)
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REITs
SK REIT to raise $550 million in debt for Jongno Tower deal
South Korea’s SK REIT Co. has been diversifying funding sources into short-term debt to finance its recent purchases of landmark office buildi...
Sep 08, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix bets on 2025 memory upturn with $11 billion new plant
SK Hynix Inc., the world’s second-largest memory chipmaker, will spend 15 trillion won ($11 billion) over the next five years to build a new m...
Sep 06, 2022 (Gmt+09:00)
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Energy
SK Ecoplant joins 2.6GW offshore wind power project in Korea
South Korea’s SK Ecoplant Co. signed an agreement on Monday to jointly develop a combined 2.6 gigawatt (GW) offshore wind power project in Kor...
Sep 06, 2022 (Gmt+09:00)
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Metaverse
SK Telecom revs up digital economy on its metaverse platform
South Korea’s top mobile carrier SK Telecom Co. is accelerating a digital economic system on its metaverse platform ifland, the telecom giant ...
Sep 05, 2022 (Gmt+09:00)
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Waste management
SK Ecoplant bets on US battery recycling firm Ascend Elements
South Korea’s SK Ecoplant Co., formerly SK Engineering & Construction Co., signed a stock purchase agreement (SPA) on Aug. 31 to invest $5...
Sep 01, 2022 (Gmt+09:00)
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Carbon neutrality
SK Innovation unveils plans for Scope 3 carbon emission reduction
SK Innovation Co. published its 2022 Net Zero Special Report on the company website on Wednesday, detailing its plan of action for Scope 3 carbon em...
Aug 31, 2022 (Gmt+09:00)
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Chemical Industry
LG Chem to build carbon nanotube Plant 4 for EV batteries
LG Chem Ltd., South Korea’s chemicals giant, is set to build the world’s largest single-line carbon nanotube (CNT) manufacturing plant i...
Aug 30, 2022 (Gmt+09:00)
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Korean chipmakers
Micron’s entry into DDR5 market: A boon for Samsung, SK Hynix
The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 DRAM arena, however,...
Aug 30, 2022 (Gmt+09:00)
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Electric vehicles
LG Energy, Honda to form JV for EV battery production in the US
LG Energy Solution Ltd. announced on Monday that it reached an agreement with Honda Motor Co. to establish a joint venture company to produce lithiu...
Aug 29, 2022 (Gmt+09:00)
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Batteries
Samsung SDI to hasten US battery plant groundbreaking
Samsung SDI Co., the world's sixth-largest battery maker, is set to push forward the start of its plant construction in the US by two months in resp...
Aug 26, 2022 (Gmt+09:00)
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Batteries
POSCO builds EV battery recycling plant in Poland
South Korea’s POSCO Holdings has built a rechargeable battery recycling plant in Poland, in line with Europe’s tougher regulations on ba...
Aug 26, 2022 (Gmt+09:00)
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Corporate strategy
SK Group reworks 'financial story' action plans
Chief executives of South Korea’s No. 2 conglomerate SK Group are overhauling their action plans to implement the “financial story&rdquo...
Aug 26, 2022 (Gmt+09:00)
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Korean games
Com2uS announces plans to build real-life-like metaverse platform
South Korea’s Com2uS Studios, the creator of the popular game Summoners War, said on Thursday it will unveil a real-life-like metaverse platfo...
Aug 25, 2022 (Gmt+09:00)
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Petrochemicals
SK, SABIC to invest $150 mn to boost Korean capacity
SK Geo Centric Co. and Saudi Basic Industries Corp. (SABIC) have agreed to co-invest 200 billion won ($150 million) to increase their production of ...
Aug 23, 2022 (Gmt+09:00)
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Construction
SK Ecoplant to supply fuel cells to China’s top data center operator GDS
South Korea’s SK Ecoplant Co. has forged a partnership with China’s top data center developer and operator GDS to jointly enter the Sout...
Aug 23, 2022 (Gmt+09:00)
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Batteries
Hyundai Motor, LG Energy secure $710 mn for battery JV in Indonesia
South Korea’s Hyundai Motor Group and battery maker LG Energy Solution Ltd. have secured $710 million from financial institutions overseas to ...
Aug 22, 2022 (Gmt+09:00)
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Private equity
SK taps Korean PE for $1.5 bn after Carlyle's Lee quit
SK On Co. has turned to domestic private equity firms to raise up to 2 trillion won ($1.5 billion) after talks with four big global funds have dried...
Aug 19, 2022 (Gmt+09:00)
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Electric vehicles
SK, SK Energy acquire US energy solution provider Atom Power
SK Inc. and SK Energy announced they have jointly acquired North Carolina-based energy solution enterprise Atom Power Inc. for $150 million.The thre...
Aug 18, 2022 (Gmt+09:00)
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Batteries
Boston emerges as Korean firms’ R&D hub for AI, batteries
Top South Korean conglomerates Samsung and Hyundai have selected Boston as the home of their first overseas research centers for batteries and artif...
Aug 16, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 2 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 3 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 4 S.Korea eases path for foreign REITs in senior housing push
- 5 Koramco targets $7 bn bets on Korea data centers