Controversy surrounds SK Bioscience’s $1 bn IPO valuation  

SK Bioscience Co., a spin-off of SK Chemicals Co.'s vaccine division, is set to list on the South Korean stock exchange on March 18 to raise up to $...

SK Bioscience aims for March listing; enterprise value may reach $4.5 bn

South Korea-based SK Bioscience Co. is planning its trading debut next month on the country's main bourse, Kospi. The company's enterprise value is ...

SK Telecom creates dedicated IPO team to boost valuation

South Korea’s largest mobile carrier SK Telecom Co. has set up an exclusive team to oversee the initial public offering process for its affili...

SK E&S to sell 49% stake in city gas businesses; valued over $900 mn

South Korea-based energy company SK E&S Co. is pushing to liquidate its assets by carrying out a stake sale in its profitable city gas businesse...

SK E&S to sell 49% stake in city gas businesses; valued over $895 mn

South Korea-based energy company SK E&S Co. is pushing to liquidate its assets by carrying out a stake sale in its profitable city gas businesse...

SK Hynix completes construction of its largest $3.14 bn chip plant

SK Hynix Inc. has completed the construction of its largest chip plant, which will use cutting-edge technology to produce memory semiconductors to m...

SK Hynix sees robust chip demand; Q4 profits jump y/y

SK Hynix Inc., the world’s second-largest DRAM maker, reported stronger-than-expected quarterly earnings on Friday and expected the DRAM marke...

SK Innovation’s Q4 EV battery business revenue hits record high

South Korea’s SK Innovation Co. on Friday posted record sales revenue in its electric-vehicle battery business in the fourth quarter of 2020 a...

SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn

SK Innovation Co. will build its third electric-vehicle battery plant in Hungary for $2.29 billion, aiming to grab a greater share of the fast-growi...

SK, China’s Geely eye investment fund for hydrogen, eco-friendly business

South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...

SK Innovation buys 13% stake in China’s EV battery-swap station operator

SK Innovation Co. has signed a deal to acquire a 13% stake in a Chinese electric vehicle battery-swap station operator, as the South Korean company ...

SK's US battery arm sells $1 bn green bonds at lower rates

The $1 billion green bond sale by SK Battery America Inc., a US unit of South Korea’s SK Innovation Co., was nine times oversubscribed at $9 b...

SK Hynix to issue $2.5 bn worth of global bonds; largest amount ever

SK Hynix Inc. is planning to issue $2.5 billion worth of global bonds, the largest amount to be raised in a bond issue by a South Korean company, dr...

SK Hynix CEO Lee Seok-hee: Star engineer, bookworm, soju connoisseur

When SK Hynix Inc. announced a $9 billion all-cash deal to acquire Intel Corp.’s NAND memory chip business in mid-October of last year, the ma...

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

South Korea’s SK Group has signed a $1.5 billion deal to acquire a controlling stake in US hydrogen fuel cell maker Plug Power Inc. and launch...

SK Innovation to raise $920 mn for US battery plant expansion

South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...

SK in talks to buy French biologics contract manufacturer

SK Holdings is in the early stages of negotiations to acquire France’s biologic contract manufacturing organization (CMO) Yposkesi, in a move ...

SK Innovation partners with EVE to launch third battery plant in China

South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...

SK injects $200 mn into Roivant partnership for new drug development

SK Holdings Co., the holding company of South Korean conglomerate SK Group, has become the first Korean company to foray into the targeted protein d...

NAND competition heats up as SK Hynix unveils 176-layer flash memory

SK Hynix Inc. has developed 176-layer NAND flash memory, the industry’s highest-density chip, following in the footsteps of Micron Technology ...

SK Bioscience begins listing process; enterprise value near $3 bn

South Korea’s SK Bioscience Co., set to enter clinical trials for its COVID-19 vaccine candidates, is expected to list on the Seoul main bours...

SK to create $27 bn in addt'l net asset value via hydrogen business

SK Holdings Co., the holding company of South Korean conglomerate SK Group, aims to be at the forefront of the country's hydrogen ecosystem as part ...

SK Hynix shares hit fresh high; signaling DRAM supercycle

SK Hynix Inc., the world's second-largest memory chipmaker, saw its share price climb to a historic high on Dec. 2, posting a higher gain than the w...

Global oil refiners, local PEs among 7 bidders for SK Lubricants stake

Global oil refiners, strategic investors and private equity funds in Korea and abroad have submitted non-binding bids for up to 49% of SK Lubricants...

SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot

SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...

SK Telecom seeks $271 mn for mobility spin-off

South Korea’s largest mobile carrier SK Telecom Co. is looking to raise up to 300 billion won ($271 million) ahead of rolling out its new mobi...

SK Group mulls headquarters buyback through REIT

Energy-to-telecom-focused SK Group is considering buying back its headquarters in Seoul through a real estate investment trust (REIT) vehicle after th...

Samsung, SK Hynix challenged by underdog Micron’s 176-layer NAND

South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are being challenged by smaller rival Micron Technology Inc.’s ...

Amazon, SK Telecom join hands in Korea e-commerce market

SK Telecom Co. and online retail giant Amazon.com have agreed to team up in South Korea’s e-commerce market, in a deal that could lead to cross-...

SK Holdings cryogenic biz eyes jackpot on hopes of imminent COVID-19 vaccine

South Korea's SK Holdings Co. may hit the jackpot with the development of a COVID-19 vaccine on the horizon.Once a coronavirus vaccine is available, t...