SK holding firm
Scope
Date
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Carbon neutrality
Hyundai, Kia deploy CO2 emission monitor system for cooperative firms
South Korea's Hyundai Motor Co. and Kia Corp. revealed on Friday their AI-integrated, blockchain-enabled Supplier CO2 Emission Monitoring System (SC...
Jul 28, 2023 (Gmt+09:00)
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Earnings
LG Energy lifts sales guidance; Samsung SDI sees firm growth
South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...
Jul 27, 2023 (Gmt+09:00)
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Energy
Daewoo E&C, SK Ecoplant to cooperate in nuclear power
South Korea’s Daewoo Engineering & Construction Co. (Daewoo E&C) and SK Ecoplant Co. will jointly take on the domestic and overseas ma...
Jul 27, 2023 (Gmt+09:00)
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Hydrogen economy
SK E&S, Plug Power to strengthen hydrogen partnership
South Korea's SK E&S Co. and Plug Power, a global hydrogen solutions provider, have reinforced their commitment to accelerating the developmen...
Jul 27, 2023 (Gmt+09:00)
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Construction
GS E&C faces heavy loss in Q2 due to apartment reconstruction plan
GS Engineering & Construction Co., South Korea’s major construction firm, posted a quarterly operating loss in the April-June period for t...
Jul 26, 2023 (Gmt+09:00)
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Carbon neutrality
SK E&S seeks Australia's support for Barossa LNG, CCS projects
SK E&S Co. has asked Australia to support its liquefied natural gas fields in the country and a carbon capture and storage (CCS) project in neig...
Jul 26, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom enters cloud managed service provider market
South Korea's SK Telecom Co. will aggressively enter the cloud market by providing differentiated services based on its nationwide communication net...
Jul 26, 2023 (Gmt+09:00)
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Batteries
S.Korea’s SK On launches domestic battery safety evaluation center
South Korean battery maker SK On has unveiled its state-of-the-art "SK On Battery Safety Evaluation Center" in Seosan, South Chungcheong Province. T...
Jul 26, 2023 (Gmt+09:00)
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Earnings
SK Hynix logs loss for 3rd straight quarter in Q2 but eyes recovery in H2
SK Hynix Inc. reported an operating loss in the second quarter of this year, extending its losing streak to three consecutive quarters and inflating...
Jul 26, 2023 (Gmt+09:00)
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Energy
SK E&S opens representative office in Vietnam
South Korea's renewable energy company SK E&S is speeding up the expansion of its global eco-friendly power generation business by opening a rep...
Jul 24, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Broadband names SK Shieldus' ex-CEO Park its new chief
South Korea’s internet service provider SK Broadband Co. said on Friday it has tapped Park Jin-hyo, former chief executive at security affilia...
Jul 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Labs opens door to unconventional idea seekers
South Korea’s home appliance giant LG Electronics Inc. has launched LG Labs, a playground for those wanting to test unconventional ideas that ...
Jul 21, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK Networks to acquire data management company en-core
SK Networks Co., a South Korean trading company, will acquire en-core, a data solutions and consulting firm. The strategy is aimed at strengthening ...
Jul 21, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK Energy acquires logistics platform Goodsflow
South Korea's SK Energy will buy all shares of Goodsflow, a Seoul-based provider of logistics platform services, to enter the urban logistics center...
Jul 21, 2023 (Gmt+09:00)
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Construction
Heerim wins additional contract for Phnom Penh New Airport
South Korea’s Heerim Architects & Planners announced on Friday that it has been awarded a project management consultant (PMC) contract wor...
Jul 21, 2023 (Gmt+09:00)
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Bio & Pharma
SK Chemicals to supply diabetes drugs to AstraZeneca Korea
SK Chemicals Co., a South Korean chemicals maker and drug developer, said on Thursday it has signed a contract to supply diabetes medications to glo...
Jul 20, 2023 (Gmt+09:00)
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Batteries
Road near SK On’s US plant in Georgia named SK Blvd
South Korean battery maker SK On announced on Thursday that a road near its US corporation, SK Battery America's (SKBA) site, has been renamed "SK...
Jul 20, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Bain Capital in talks to buy Korean aesthetic device maker Ilooda
Ilooda, a South Korean medical aesthetic devices maker valued at around 200 billion won ($158 million), is likely to sell its management rights to U...
Jul 19, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharm eyes Asia's No.1 spot in radioactive drug market
South Korea’s SK Biopharmaceuticals Co. is aiming to triple its enterprise value to $15 billion by 2026 with the goal of rising to the top run...
Jul 19, 2023 (Gmt+09:00)
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Steel
POSCO Holdings posts operating profit of $790 million in Q1
South Korea's POSCO Holdings Inc. has returned to the level of 1 trillion won ($790.5 million) in quarterly operating profit after a year and sales ...
Jul 19, 2023 (Gmt+09:00)
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Pre-IPOs
SK Pharmteco to raise $500 mn in pre-IPO, aims for 2025 listing
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), is set to raise $500 millio...
Jul 18, 2023 (Gmt+09:00)
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Asset management
Mirae Asset’s global ETFs exceed $100 bn in net asset value
Mirae Asset Global Investments Co., South Korea’s leading asset manager, said on Tuesday its exchange-traded funds (ETFs) worldwide have surpa...
Jul 18, 2023 (Gmt+09:00)
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Hydrogen economy
E1 to invest $75 mn in Canadian blue ammonia project
South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. said on Tuesday its plans of investing 10 million Canadian dollars (US ...
Jul 18, 2023 (Gmt+09:00)
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ESG
SK’s Tmap enhances ESG efforts by navigating lowest-carbon routes
South Korea’s leading mobility platform Tmap Mobility Co. has stepped up its environmental, social and governance (ESG) efforts via its naviga...
Jul 17, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution to expands BaaS with Mintech
South Korea's LG Energy Solution Ltd. partners with Mintech Co., a battery diagnostic solution provider, to expand its Battery-as-a-Service (BaaS) b...
Jul 17, 2023 (Gmt+09:00)
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Electric vehicles
SK Signet to supply over 1,000 ultra-fast chargers to US
South Korea's electric vehicle (EV) charger manufacturer SK Signet Inc. on Monday said it landed an order to supply at least 1,000 ultra-fast charge...
Jul 17, 2023 (Gmt+09:00)
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Hydrogen economy
Doosan Enerbility, Johnson Matthey to develop ammonia cracking tech
South Korea’s power plant builder Doosan Enerbility Co. announced on Monday that it signed an R&D agreement with the UK-based chemical com...
Jul 17, 2023 (Gmt+09:00)
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Beauty & Cosmetics
TPG to fully acquire cosmetics container firm Samhwa at around $237 mn
Texas-based private equity firm TPG Inc. is poised to fully acquire Samhwa Co., a South Korean cosmetic packaging supplier to global beauty powerhou...
Jul 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KakaoPay launches discount promotion in Japan
South Korea’s Kakao Pay Corp. announced on Friday that it has prepared a large-scale discount promotion in collaboration with PayPay, the top ...
Jul 14, 2023 (Gmt+09:00)
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Hydrogen economy
Korea Zinc ties up with SK, Hanwha for Aussie green ammonia
Korea Zinc Inc., the world’s largest lead and zinc smelter, has joined hands with SK Gas Ltd. and Hanwha Impact Corp. for the green ammonia bu...
Jul 14, 2023 (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