Samsung likely to announce US foundry investment plan this week

Samsung likely to announce US foundry investment plan this week

Samsung Electronics Co. is expected to announce an investment plan for its second US-based semiconductor foundry plant this week. As the South Kor...

Hanwha acquires 16.67% of REC Silicon for $160 mn for US solar projects

Hanwha acquires 16.67% of REC Silicon for $160 mn for US solar projects

South Korea’s Hanwha Solutions Corp. has agreed to buy a 16.67% stake in Norway-based polysilicon manufacturer REC Silicon ASA for $160.5 mill...

Korea’s SKC to build $761 mn copper foil plant in Poland

Korea’s SKC to build $761 mn copper foil plant in Poland

South Korea’s SKC Co. decided to build a copper foil factory for $761 million in Poland, its first European plant to produce the core electric...

Koreans log $5.7 bn loss in Q3 from overseas stock investments

Koreans log $5.7 bn loss in Q3 from overseas stock investments

South Korean investors suffered a $5.7 billion loss in the third quarter from overseas stock investments on weak foreign shares. Individual investor...

KDB opens VC in US to aid Korean startups' US entry

KDB opens VC in US to aid Korean startups' US entry

South Korea’s state-run bank Korea Development Bank (KDB) launched its venture capital (VC) operations in California's Silicon Valley on Nov...

SK, Beijing Easpring Material join hands on battery materials

SK, Beijing Easpring Material join hands on battery materials

SK Inc., the holding and investment company of South Korea’s SK Group, and Beijing Easpring Material Technology Co., a major Chinese cathode m...

Celltrion wins COVID-19 treatment approval from Europe

Celltrion wins COVID-19 treatment approval from Europe

South Korea’s pharmaceutical giant Celltrion Inc. has won final approval for its COVID-19 treatment Regkirona from the European Commission, a ...

Samsung heir Lee on US trip for foundry investment, COVID vaccines

Samsung heir Lee on US trip for foundry investment, COVID vaccines

Jay Y. Lee, vice chairman and de facto leader of South Korea’s top conglomerate Samsung, has embarked on a business trip to North America to f...

Urea crisis lays bare South Korea’s heavy dependence on China

Urea crisis lays bare South Korea’s heavy dependence on China

The diesel exhaust fluid crisis hitting South Korea across various industries lays bare the supply chain vulnerability of the country, which has hea...

SEMA jointly acquires stakes in US telecom tower operator

SEMA jointly acquires stakes in US telecom tower operator

South Korea’s Korea Scientists and Engineers Mutual-Aid Association (SEMA) said on Nov. 12 that it has invested $500 million in a joint acquis...

Hanwha Energy to raise $130 mn for Australia hydrogen project

Hanwha Energy to raise $130 mn for Australia hydrogen project

Hanwha Energy Corp. of South Korea's Hanwha Group will raise about 150 billion won ($130 million) from Woori Private Equity to fund its solar energy...

NPS, Tishman form $1.5 bn JV to invest in US housing

NPS, Tishman form $1.5 bn JV to invest in US housing

The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, and New York-based global real estate investment ...

Snowflake’s entry into Korea to intensify cloud service competition

Snowflake’s entry into Korea to intensify cloud service competition

Snowflake Inc., a US big data cloud provider, on Wednesday announced its entry into the South Korean market with the opening of a local office, inte...

Korea’s Hot Chicken Flavor Ramen maker to issue first bond

Korea’s Hot Chicken Flavor Ramen maker to issue first bond

South Korea’s Samyang Foods Co., the maker of the Hot Chicken Flavor Ramen, plans to issue its first corporate bonds ever as it is expanding b...

Korea's major LPs to focus on core assets in US and Europe

Korea's major LPs to focus on core assets in US and Europe

The chief investment officers of 10 South Korean major limited partners (LPs), including pension funds, mutual aid associations and life insurance c...

Pulmuone to expand alternative meat business in the US

Pulmuone to expand alternative meat business in the US

South Korea’s major food company Pulmuone. Co. is slated to expand sales of its in-house developed meat alternatives in the US market. The foo...

Dongkuk eyes $1.7 billion sales from color steel business in 2030

Dongkuk eyes $1.7 billion sales from color steel business in 2030

Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, said on Monday that it aims to grow its color coated steel business to 2 trill...

LG Energy Solution to supply batteries to US fuel cell truck maker Nikola

LG Energy Solution to supply batteries to US fuel cell truck maker Nikola

LG Energy Solution Ltd., a leading South Korean battery maker, has signed a deal to supply batteries to Nikola Corp., a US hydrogen fuel cell electr...

US startup SES unveils game-changing lithium-metal battery

US startup SES unveils game-changing lithium-metal battery

SES Holdings Pte. Ltd., one of the world’s top solid-state battery makers, unveiled a hybrid lithium-metal rechargeable battery with better pe...

[ASK 2021] Blending US Core & Non-Core Investments to Capitalize on the High Conviction Industrial Sector

[ASK 2021] Blending US Core & Non-Core Investments to Capitalize on the High Conviction Industrial Sector

Blending Core & Non-Core Investments to Capitalize on the High Conviction Industrial Sector What is the current outlook and wh...

Hyundai Motor to produce EVs in US from 2022

Hyundai Motor to produce EVs in US from 2022

Hyundai Motor Co. will be bringing forward the production of its electric vehicles in the US to next year, starting with the SUV model GV70, as the ...

Hyundai's Genesis beats Lexus' selling price in US

Hyundai's Genesis beats Lexus' selling price in US

The rising demand for high-end vehicles, despite dwindling production caused by semiconductor shortages, are driving new vehicle prices to record hi...

SK Group’s Chey vows half of $52 bn US spending in batteries, hydrogen

SK Group’s Chey vows half of $52 bn US spending in batteries, hydrogen

SK Group Chairman Chey Tae-won has vowed to spend $26 billion, or half of the group’s planned investment in the US by 2030, on electric vehicl...

KTB to launch REITs for logistics centers in Vietnam and housing in US

KTB to launch REITs for logistics centers in Vietnam and housing in US

South Korean asset manager KTB Asset Management Co. plans to launch two overseas real estate investment trusts (REITs) to invest in Vietnam-based lo...

LG, CJ join other Korean firms to run offices in Washington

 LG, CJ join other Korean firms to run offices in Washington

WASHINGTON D.C. – South Korea’s major business conglomerates are heading to Washington D.C. to run offices handling regulatory and gover...

Hyundai, Kia invest in US solid-state battery startup Factorial

Hyundai, Kia invest in US solid-state battery startup Factorial

Hyundai Motor Co. and Kia Corp. invested in US solid-state battery startup Factorial Energy in a move to secure various technologies for the next-ge...

Korea scientists fund sees US-China conflict create infra investments

Korea scientists fund sees US-China conflict create infra investments

The Korea Scientists and Engineers Mutual-Aid Association's (SEMA) Chief Investment Officer Huh Sung-moo said on Wednesday that climate change and g...

Koramco puts $103 mn in funds for US university housing

Koramco puts $103 mn in funds for US university housing

Koramco Asset Management Co., one of the top asset managers in Korea and a 100% subsidiary of Koramco REITs Management & Trust Co., said on Oc...

BTS drops Sony for Universal

BTS drops Sony for Universal

The world’s biggest boy band is joining forces with the world’s largest music company.South Korea’s BTS has agreed to a ...

EcoPro BM to build battery materials plants in US, Europe

EcoPro BM to build battery materials plants in US, Europe

EcoPro BM Co., South Korea’s top cathode producer, plans to set up factories in the US and Europe to expand its business in the global marke...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot