SK open innovation post
Scope
Date
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Corporate restructuring
SK Ecoplant to merge tech unit for group restructuring
SK Ecoplant Co., a South Korean construction engineering and waste management company, is set to merge a profit-making technology subsidiary of the ...
Jul 16, 2024 (Gmt+09:00)
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Retail
More luxury brands seek Korean market on sales surge
South Korea’s luxury goods market, estimated at around $7.1 billion, is experiencing a surge in demand led by affluent consumers in their 40s ...
Jul 16, 2024 (Gmt+09:00)
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Robotics
Lotte Innovate releases autonomous security robot Dooroo Eye
South Korea's Lotte Innovate will unveil its autonomous security robot, Dooroo Eye, at the upcoming Autonomous Driving Mobility EXPO 2024, the com...
Jul 16, 2024 (Gmt+09:00)
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Artificial intelligence
SK invests $200 mn in US AI cluster builder SMART Global
SK Telecom Co. said on Tuesday it has agreed to invest $200 million in SMART Global Holdings Inc. (SGH), a US artificial intelligence cluster builde...
Jul 16, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to mass-produce HBM4 on 4 nm foundry process
Samsung Electronics Co., the world’s top memory chipmaker, plans to use its cutting-edge 4-nanometer (nm) foundry process for the mass product...
Jul 15, 2024 (Gmt+09:00)
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Korean stock market
Korean stocks linked to a Trump victory soar after shooting
Investors in the South Korean stock market rushed to stocks seen as connected to former US President Donald Trump on Monday, such as construction, n...
Jul 15, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM opens Shanghai-Mexico container route
South Korea's HMM Co. announced on Monday that it launched a new Far East Latin America Express (FLX) container service bound for Mexico.The service...
Jul 15, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom's X Caliber enters N.American pet market
South Korea's SK Telecom Co. announced on Monday that it signed a distribution agreement with Canadian pet medical equipment company Nuon & Nikk...
Jul 15, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom accelerates AI push via alliance with more partners
SK Telecom Co., South Korea’s top mobile carrier, is ramping up its artificial intelligence push by bringing more domestic partners into its A...
Jul 15, 2024 (Gmt+09:00)
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Investment banking
SK Securities becomes lead IPO manager for 1st time since 2018
SK Securities Co., formerly a unit of South Korea’s No. 2 conglomerate SK Group, is expanding its presence in the domestic equity capital mark...
Jul 10, 2024 (Gmt+09:00)
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Pension funds
Samsung, SK Hynix lead value increase in Korea NPS' local shares in Q2
The second-quarter rally of Samsung Electronics Co. and SK Hynix Inc. shares drove a value increase in the domestic stock asset held by South Korea&...
Jul 10, 2024 (Gmt+09:00)
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Batteries
SK Innovation to host Global Forum in US
South Korea's SK Innovation Co. announced on Wednesday that it will host the “SK Innovation Global Forum” on July 13 in San Jose, Califo...
Jul 10, 2024 (Gmt+09:00)
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Retail
Coupang opens Rocket Growth seller website
Coupang Inc., South Korea’s largest e-commerce platform, announced on Tuesday that it opened a dedicated website for sellers (sell.coupang.com...
Jul 09, 2024 (Gmt+09:00)
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Food & Beverage
FG Korea to open Five Guys stores in Japan
FG Korea, the operator of the American handcrafted hamburger brand Five Guys in South Korea, will open its stores in Japan in the second half of nex...
Jul 09, 2024 (Gmt+09:00)
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Korean chipmakers
HBM chip war intensifies as SK Hynix hunts for Samsung talent
South Korean chipmaker SK Hynix Inc., just like its global peers, has largely designed and produced semiconductors in-house, including high-bandwidt...
Jul 08, 2024 (Gmt+09:00)
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ESG
SK Innovation gets MSCI ESG's leader rating
South Korean oil refiner SK Innovation Co. secured an AA rating in the environmental, social, and governance (ESG) assessment by Morgan Stanley Capi...
Jul 08, 2024 (Gmt+09:00)
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Electronics
Samsung, SK, LG vie for glass substrate market in AI era
South Korea’s household names Samsung, SK and LG have entered a new race to win the glass substrate market set to surge in the artificial inte...
Jul 08, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, Singtel partner for next-gen network tech
South Korea's SK Telecom Co. said on Monday that it signed a memorandum of understanding (MOU) with Singapore Telecommunications (Singtel) to collab...
Jul 08, 2024 (Gmt+09:00)
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Earnings
LG Elec logs record Q2 earnings on home appliances, car parts
South Korean tech giant LG Electronics Inc. is expected to log its record second-quarter revenue and operating profit thanks to robust sales of home a...
Jul 05, 2024 (Gmt+09:00)
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Fiber & Textile
SK Geo Centric produces sustainable synthetic fiber
South Korea’s SK Geo Centric Co. will collaborate with global companies in the petrochemical, textile, and apparel sectors from Japan, Finland...
Jul 05, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung launches dedicated HBM, advanced chip packaging teams
Samsung Electronics Co., the world’s largest memory chipmaker, has officially launched a team dedicated to developing advanced high-bandwidth ...
Jul 05, 2024 (Gmt+09:00)
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Korean stock market
Korean IPO boom sets record; bubbles burst post debut
South Korea’s initial public offerings in the first half of this year were oversubscribed 1,610 times, the highest-ever rate for a half-year p...
Jul 04, 2024 (Gmt+09:00)
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Leadership & Management
SK Square to ramp up chip investment with new CEO
South Korea’s No. 2 conglomerate SK Group said on Thursday that its investment arm SK Square Co., led by new CEO Han Myung-jin, will ramp ...
Jul 04, 2024 (Gmt+09:00)
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Batteries
Time to revive innovator spirit: LG Energy Solution CEO
South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3, must accelerate innovation and prop up fundamentals to ...
Jul 04, 2024 (Gmt+09:00)
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Mergers & Acquisitions
LG Electronics acquires Athom to facilitate AI smart home push
South Korea’s home appliance giant LG Electronics Inc. said on Wednesday it has acquired Athom B.V., a Netherlands-based home automation compa...
Jul 03, 2024 (Gmt+09:00)
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Automobiles
Kia opens experiential booth at Incheon Int'l Airport
Kia Corp. announced on Tuesday that it has transformed the exhibition booth located near Gate H in the departure area of the third floor of Incheo...
Jul 02, 2024 (Gmt+09:00)
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Corporate investment
SK Group, led by SK Hynix, to invest $77 billion in AI, chips
SK Group, South Korea’s second-largest conglomerate after Samsung, is investing 106.4 trillion won ($77 billion) in artificial intelligence an...
Jul 01, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops SSD for AI PCs to be mass-produced this year
South Korea’s SK Hynix Inc. introduced a solid-state drive (SSD) for on-device artificial intelligence PCs for mass production this year, to e...
Jun 28, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Bioscience to buy German vaccine maker IDT Biologika for $244 mn
South Korea’s vaccine developer SK Bioscience Co. will acquire a controlling stake in the world’s top 10 vaccine firm IDT Biologika GmbH...
Jun 27, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung seeks $3.6 billion in loans from KDB for chip investment
South Korean tech giant Samsung Electronics Co. seeks to borrow as much as 5 trillion won ($3.6 billion) from the state-run Korea Development Bank t...
Jun 26, 2024 (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