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Hyundai Samho Heavy says no delay to 2022 IPO

Hyundai Samho Heavy says no delay to 2022 IPO

South Korea's Hyundai Samho Heavy Industries Co. this week reaffirmed its plan to go public by the end of this year, as agreed with its pre-IPO inve...

Hanmi, other chip machine makers to benefit from TSMC capex hike

Hanmi, other chip machine makers to benefit from TSMC capex hike

Hanmi Semiconductor Co., a chip equipment supplier to global foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC), has posted record profit ...

Doosan to build Saudi Arabia's largest steel casting plant

Doosan to build Saudi Arabia's largest steel casting plant

Doosan Heavy Industries and Construction Co., South Korea's power plant components supplier, signed a preliminary agreement on Wednesday to build Sa...

Hana jointly acquires Boston-based multifamily for $262 mn

Hana jointly acquires Boston-based multifamily for $262 mn

 Hana Alternative Assets Management Co. and a US asset manager acquired a tower of luxury multifamily housing assets in Seaport Boulevard, Bost...

Collapsed merger’s silver lining: More cash for Hyundai Heavy

Collapsed merger’s silver lining: More cash for Hyundai Heavy

The European Commission’s rejection of Hyundai Heavy Industries Co.'s proposed merger with crosstown rival Daewoo Shipbuilding & Marine En...

DoubleU invests $1.5 million in Epic Games

DoubleU invests $1.5 million in Epic Games

South Korea’s DoubleU Games Co. announced Friday that its subsidiary DoubleDown Interactive LLC invested $1.5 million in North Carolina-base...

Hyundai Heavy, DSME merger falls through on EU veto

Hyundai Heavy, DSME merger falls through on EU veto

The European Commission on Thursday vetoed the combination of the world’s two largest shipbuilders Hyundai Heavy Industries Co. and Daewoo Shi...

POSCO logs record profit on steel supercycle in 2021

POSCO logs record profit on steel supercycle in 2021

POSCO Co., the world’s sixth-largest steelmaker, reported record earnings in 2021, adding to the bullish outlook, as China sustained a policy ...

Coupang to shake up Korea’s logistics industry landscape

Coupang to shake up Korea’s logistics industry landscape

South Korea’s e-commerce giant Coupang Inc. is looking to tap into the country’s logistics industry, shaking up the sector, while market...

WeMade under fire for massive clandestine WEMIX cryptocurrency sale

WeMade under fire for massive clandestine WEMIX cryptocurrency sale

WeMade Co., a South Korean video game developer, has come under criticism for the massive unnoticed selling of its cryptocurrency WEMIX, allegedly i...

Hyundai Heavy uneasy ahead of EU decision despite $2.5 bn orders

Hyundai Heavy uneasy ahead of EU decision despite $2.5 bn orders

South Korea’s Hyundai Heavy Industries Group grew more concerned ahead of the European Union’s decision on the combination of the world&...

SK invests $350 mn in US CDMO firm

SK invests $350 mn in US CDMO firm

SK Inc., the holding company of SK Group, announced Sunday that it invested $350 million into Pennsylvania-based Center for Breakthrough Medicines (...

Hyundai Motor beats Honda in US for the first time in its 35 years there

Hyundai Motor beats Honda in US for the first time in its 35 years there

South Korea’s top automaker Hyundai Motor Group beat Japanese rival Honda Motor Co. in the US last year, for the first time in its 35 years of...

Hyundai Heavy partners with Palantir for big data platform

Hyundai Heavy partners with Palantir for big data platform

South Korea’s Hyundai Heavy Industries Group joined forces with US data analytics firm Palantir Technologies Inc. to set up a big data platfor...

Convergence, metaverse, green: Korea Inc.’s themes at CES 2022

Convergence, metaverse, green: Korea Inc.’s themes at CES 2022

South Korea’s major companies are showcasing robots, mobility and the metaverse rather than cutting-edge models of their conventional products...

Korea to join Egypt’s 1st nuclear power plant project

Korea to join Egypt’s 1st nuclear power plant project

South Korea is set to participate in Egypt’s first nuclear power plant project built by Russia as a state-run Korea Hydro & Nuclear Power ...

Hyundai Heavy’s heir apparent to unveil future vision at CES 2022

Hyundai Heavy’s heir apparent to unveil future vision at CES 2022

Hyundai Heavy Industries Group’s heir apparent will introduce the future vision of the world’s largest shipbuilder at an upcoming US tra...

Korea’s Ants dump single-day record $2.7 bn shares, turn eyes overseas

Korea’s Ants dump single-day record $2.7 bn shares, turn eyes overseas

South Korea’s retail investors on Tuesday dumped 3.16 trillion won ($2.7 billion) worth of shares on the country’s two main stock market...

Coupang embraces affordable fashion industry

Coupang embraces affordable fashion industry

Korea’s e-commerce giant Coupang is looking to tap into the country’s mid-range fashion market. The company is now reversing the ...

Chipmakers eye shorter memory downturn

Chipmakers eye shorter memory downturn

Global memory chipmakers, including market leader Samsung Electronics Co., expect the current industry downcycle to be shorter than expected, with v...

Hyundai Heavy to showcase autonomous ship at CES 2022

Hyundai Heavy to showcase autonomous ship at CES 2022

Hyundai Heavy Industries Group, the world’s largest shipbuilder, is set to showcase its latest and next-generation mobility technology related...

Korea's gaming industry turns to blockchain, unwavered by Seoul’s policy

Korea's gaming industry turns to blockchain, unwavered by Seoul’s policy

Come next year, Korea’s online game developers are poised to release a number of games on blockchain platforms.The companies have lined up the...

[Discussion] Think twice before heavy inflation hedge: NYLIM

[Discussion] Think twice before heavy inflation hedge: NYLIM

November’s inflation print, while mostly in line with market expectations, was staggeringly high. Headline inflation increased ...

Samsung supplies self-driving, infotainment chips to global carmaker

Samsung supplies self-driving, infotainment chips to global carmaker

Samsung Electronics Co. is supplying advanced memory chips to an unidentified global automaker for use in its self-driving and infotainment systems....

SK Hynix makes industry’s highest density 24Gb DDR5 DRAM chip

SK Hynix makes industry’s highest density 24Gb DDR5 DRAM chip

South Korea’s SK Hynix Inc. said on Wednesday it has shipped samples of 24 Gigabit (Gb) double data rate 5 (DDR5) DRAM, the industry’s h...

South Korea moves to join CPTPP free trade pact as China fears ease

South Korea moves to join CPTPP free trade pact as China fears ease

South Korea has officially declared its plan to join a mega Trans-Pacific free trade deal, called the CPTPP, following China’s application to ...

Hyundai Heavy, DSME merger set for collapse on expected EU veto

Hyundai Heavy, DSME merger set for collapse on expected EU veto

The European Union’s expected objection to the combination of the world’s two largest shipbuilders – Hyundai Heavy Industries Co. ...

Doosan aims to raise $1.3 bn in rights offering

Doosan aims to raise $1.3 bn in rights offering

Doosan Heavy Industries & Construction Co., South Korean conglomerate Doosan Group’s subsidiary, agreed to raise 1.5 trillion won ($1.3 ...

NFT, metaverse shares face correction, hit by high valuations

NFT, metaverse shares face correction, hit by high valuations

Financial shares related to the metaverse and non-fungible tokens, which have been on a surge in recent weeks, are seeing a correction. With forei...

Lotte Chemical seeks to acquire Japanese specialty chemical firms

Lotte Chemical seeks to acquire Japanese specialty chemical firms

Lotte Chemical Corp. is seeking to acquire major stakes in a few specialty chemical companies in Japan as the South Korean company aims to expand it...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

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