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Samsung, LG fret over shipping lines’ delivery halt to Russia

Samsung, LG fret over shipping lines’ delivery halt to Russia

Samsung Electronics Co. and LG Electronics Inc., South Korea’s two major exporters, are jittery about global shipping lines’ decision to...

US chipmakers announce 10% hike in NAND flash prices 

US chipmakers announce 10% hike in NAND flash prices 

US semiconductor manufacturer Western Digital Corp. announced Tuesday it will raise the price of its NAND flash memory chips by 10%. Earlier ...

Korea swings to trade surplus in Feb; Russia risks loom

Korea swings to trade surplus in Feb; Russia risks loom

South Korea logged a trade surplus in February on strong exports after deficits in the previous two months, the recovery remained fragile, given Rus...

Perfect storm from Ukraine crisis clouds Korea Inc.’s outlook

Perfect storm from Ukraine crisis clouds Korea Inc.’s outlook

South Korean companies had dreamed of a post-COVID-19 earnings recovery as the globe geared up for economic reopening. But their hopes are now dampe...

New York third US state to recognize kimchi's Korean origin

New York third US state to recognize kimchi's Korean origin

Korean food is all about ingredients, which alongside various fermentation techniques, have made kimchi a global side dish enjoyed not just as centr...

PCB makers in record-setting rally on strong outlook

PCB makers in record-setting rally on strong outlook

Shares in South Korea's small and medium-sized printed circuit board (PCB) makers extended their upward run to hit fresh highs this week, bucking th...

Korean firms on high alert as Russia invades Ukraine

Korean firms on high alert as Russia invades Ukraine

Samsung Electronics Co., Hyundai Motor Co. and other South Korean companies are on high alert as Russia launched a military attack in Ukraine.They a...

Tougher sanctions on Russia put S.Korean exporters on high alert

Tougher sanctions on Russia put S.Korean exporters on high alert

As the US and its allies are toughening up sanctions against Russia, South Korean exporters of smartphones, home appliances to automobiles are raisi...

S.Korea to ban execs' post-IPO share sale for certain period

S.Korea to ban execs' post-IPO share sale for certain period

South Korea will introduce an IPO lock-up period for company executives and their top shareholders to ban them from selling the company shares short...

US Novelis to build $53 mn aluminum recycle center in Korea

US Novelis to build $53 mn aluminum recycle center in Korea

Novelis Inc., the world’s top aluminum recycler, is set to invest $53 million in another recycling and casting center in South Korea to meet t...

LG recruits former WH deputy chief of staff Joe Hagin for govt relations

LG recruits former WH deputy chief of staff Joe Hagin for govt relations

LG Corp. announced on Sunday that the group has recruited former White House deputy chief of staff Joe Hagin for its Washington D.C. office. Ha...

LG Energy acquires ESS company in US from Japan's NEC

LG Energy acquires ESS company in US from Japan's NEC

LG Energy Solution Ltd. has acquired US-based NEC Energy Solutions to expand its capabilities into the energy storage system (ESS) integration mar...

Game stocks plunge in S. Korea, US 

Game stocks plunge in S. Korea, US 

Game shares in South Korea and the United States have plunged, hit by worse-than-expected earnings. Online game developers in Korea have also b...

Korean biotech startup signs license deal with US firm

Korean biotech startup signs license deal with US firm

South Korea's biotech startup Novelty Nobility Inc. has signed a global license agreement for its antibody treatment candidate with a US biopharmace...

Shinsegae acquires Napa Valley winery Shafer Vineyards for $250 million

Shinsegae acquires Napa Valley winery Shafer Vineyards for $250 million

South Korea’s retail giant Shinsegae Inc. has acquired US winery Shafer Vineyards for $250 million to consolidate its leadership in the domest...

Thoma Bravo may attract $200 mn from NPS, KTCU

Thoma Bravo may attract $200 mn from NPS, KTCU

National Pension Service (NPS), Korean Teachers’ Credit Union (KTCU) and other institutional investors of South Korea are likely to contribute...

SK Hynix develops memory chip with computing capabilities

SK Hynix develops memory chip with computing capabilities

SK Hynix Inc. has developed a next-generation memory chip with computing capabilities, which the company says will provide solutions for data conges...

KAIST Holdings to open US offices with $8.4 bn value in mind

KAIST Holdings to open US offices with $8.4 bn value in mind

The Korea Advanced Institute of Science and Technology (KAIST) on Tuesday announced the blueprint to strengthen its foothold in the United States an...

Stockbridge names former NPS real estate expert as its MD

Stockbridge names former NPS real estate expert as its MD

Stockbridge Capital Group LLC, a US real estate investment firm, announced on Feb. 10 that David Park has joined the firm as a managing director. ...

Korean money flows to China exceed investment in North America

Korean money flows to China exceed investment in North America

South Korean money inflows to Chinese stocks exceeded investment in North America as sluggish US shares spurred investors to bet on a recovery in th...

Samsung hires ex-US Amb. Lippert as PR chief for N.American business

Samsung hires ex-US Amb. Lippert as PR chief for N.American business

WASHINGTON D.C. – Samsung Electronics Co. has hired Mark Lippert, former US ambassador to South Korea, as an executive in charge of corporate ...

Nuvilab uses the latest tech to tackle age-old issue of food waste

Nuvilab uses the latest tech to tackle age-old issue of food waste

South Korea’s food data analysis firm Nuvilab, Inc. is not a household name – at least yet. The startup is rather familiar to investors...

Singapore approves Korean Air-Asiana combination

Singapore approves Korean Air-Asiana combination

Singapore’s antitrust authority approved the integration of Korean Air Lines Co. and Asiana Airlines Inc., paving the way for South Korea&rsqu...

POBA, CalSTRS invest $235 mn in two US multifamily asssets

POBA, CalSTRS invest $235 mn in two US multifamily asssets

Public Officials Benefit Association (POBA) of Korea and The California State Teachers’ Retirement System (CalSTRS) have jointly invested $235...

LG Energy to spend $1.7 bn to hike Michigan battery capacity fivefold

LG Energy to spend $1.7 bn to hike Michigan battery capacity fivefold

The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. is spending $1.7 billion to expand its battery production ca...

Celltrion, Humasis to ship $300 mn COVID-19 test kits to US

Celltrion, Humasis to ship $300 mn COVID-19 test kits to US

South Korea's biopharmaceutical company Celltrion Inc. and diagnostic kit manufacturer Humasis Co. have signed contracts to supply their jointly-dev...

Samsung, SK Hynix ahead of rivals in 200-plus-layer NAND chips

Samsung, SK Hynix ahead of rivals in 200-plus-layer NAND chips

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are expected to lead rivals in the industry’s tran...

All of Us Are Dead ends boost to related stocks

All of Us Are Dead ends boost to related stocks

Netflix’s new original drama series All of Us Are Dead was another South Korean drama hit, but stocks related to the new zombie thriller have ...

SK on eve of jackpot from NYSE debut of US battery maker SES

SK on eve of jackpot from NYSE debut of US battery maker SES

SK Inc., the investment-focused holding company of South Korea’s SK Group, is set to pocket a sixfold return from its investment in SES Holdin...

Samsung C&T to invest $70 mn in US nuclear fission tech provider

Samsung C&T to invest $70 mn in US nuclear fission tech provider

Samsung C&T Corp. is set to invest up to 85 billion won ($7 million) in US nuclear fission technology provider NuScale Power, LLC. NuScale Power...

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

US chip export bans

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