budget-friendly smartphone
Scope
Date
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Electric vehicles
Kia to go EV-only in Europe by 2035, teases EV9 SUV concept
Kia Corp., the automaking unit of South Korea’s Hyundai Motor Group, said on Thursday it will only sell electric and fuel cell vehicles in Eur...
Nov 11, 2021 (Gmt+09:00)
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Energy
Hyundai Oilbank to develop eco-friendly e-fuels with Danish firm
Hyundai Oilbank Co. plans to develop eco-friendly electrofuels, or e-fuels, jointly with Denmark's Haldor Topsoe as the South Korean oil refiner has...
Nov 05, 2021 (Gmt+09:00)
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Interviews
Wooyoungmi emerges as 'new luxury' menswear brand
When South Korean menswear brand Wooyoungmi had the highest sales in the men’s fashion hall of Paris-based luxury department store Le Bon Marc...
Nov 02, 2021 (Gmt+09:00)
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Automobiles
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...
Nov 02, 2021 (Gmt+09:00)
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Hydrogen economy
SK to form 'turquoise' hydrogen JV in Korea with Monolith
SK Inc., the holding and investment company of South Korea’s SK Group, agreed to establish a 'turquoise' hydrogen joint venture in the country...
Oct 13, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Glovis launches ECOH brand for hydrogen, battery businesses
Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said on Monday it is launching a new brand to beef up its eco-friendly business, includ...
Oct 04, 2021 (Gmt+09:00)
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Petrochemicals
SK becomes first Korean oil producer from plastic waste
SK Group has become South Korea's first company to extract oil from plastic waste and use the eco-friendly oil as a feedstock of oil refining and pe...
Oct 01, 2021 (Gmt+09:00)
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ESG
SK, Asia Pulp to develop eco-friendly packaging paper
SK Geo Centric Co., South Korea’s leading petrochemical company, will develop eco-friendly paper coating materials to enter the recyclable pac...
Sep 16, 2021 (Gmt+09:00)
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Energy
SK E&S acquires US energy firm KCE, to invest $600 mn for expansion
SK E&S Co., the natural gas business unit of SK Group, has acquired Key Capture Energy LLC (KCE), a US operator of energy storage projects, as t...
Sep 09, 2021 (Gmt+09:00)
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M&As
Korean beauty brand Too Cool For School is up for sale
Too Cool For School Corp., a South Korean budget makeup and beauty brand, is up for sale as its two co-CEOs and related parties aim to sell their en...
Sep 07, 2021 (Gmt+09:00)
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IPOs
Hyundai to step up push into eco-friendly ships with IPO
Hyundai Heavy Industries Co. plans to spend 70% of the proceeds from its initial public offering on the Korea Exchange, or about 760 billion won ($6...
Sep 02, 2021 (Gmt+09:00)
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Economy
Korea proposes record budget for 2022 to speed up recovery
South Korea’s government proposed a record high spending for 2022 to reinforce a recovery in Asia’s fourth-largest economy despite a wid...
Aug 31, 2021 (Gmt+09:00)
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Corporate rebranding
SK Global Chemical rebrands as plastic recycler SK Geocentric
SK Innovation Co.’s petrochemical unit SK Global Chemical Co. has undergone a corporate name change to SK Geocentric Co., in a move to reident...
Aug 31, 2021 (Gmt+09:00)
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Automobiles
Hankook Tire, YASE unveil shoes made of recycled tires
Hankook Tire & Technology Co., South Korea’s largest tire maker, said on Tuesday it is collaborating with local leather shoe brand YASE to...
Aug 31, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to ramp up production capacity of foldable devices by 50%
Samsung Electronics Co. will expand the production capacity of foldable devices amid an unexpected global craze over its Galaxy Z Fold 3 and Z Flip ...
Aug 30, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Coffeebanhada, known for robot barista, seeks investment for expansion
Coffeebanhada, a South Korean budget coffee chain operator, is seeking to attract investment from private equity funds and strategic investors.Accor...
Aug 30, 2021 (Gmt+09:00)
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Logistics
SK gas stations to become CJ Logistics micro-fulfillment centers
South Korea’s leading logistics company CJ Logistics Corp. teamed up with SK Energy to aim the domestic quick commerce market, utilizing gas s...
Aug 27, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Oilbank to make hydrogen fuel cell components from 2023
Hyundai Oilbank Co. will enter the hydrogen fuel cell components market by building separator production plants within this year with commercializat...
Aug 26, 2021 (Gmt+09:00)
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Korean startups
3i's AI technology creates digital twins using smartphone photos
Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thor...
Aug 24, 2021 (Gmt+09:00)
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Corporate investment
LG Chem to spend $2.2 billion to build 10 new eco-friendly factories
LG Chem Ltd., South Korea’s top chemical maker, said on Thursday it is spending 2.6 trillion won ($2.2 billion) to strengthen its green busine...
Aug 19, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung’s new foldables: Game changer in smartphones
Samsung Electronics Co. on Wednesday announced new additions to its high-end line of Galaxy Z Fold and Z Flip phones, in hopes that the new 5G-enabl...
Aug 11, 2021 (Gmt+09:00)
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Automobiles
Hyundai quadruples sales of eco-friendly cars in US
Hyundai Motor Co. has sold more than four times of eco-friendly cars in the US compared to last year. The company said on Aug. 5 that the number of ...
Aug 06, 2021 (Gmt+09:00)
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Advertising & Marketing
Samsung’s Olympic goodie bag goes viral among athletes
Samsung Electronics Co.’s marketing efforts at the Tokyo Olympic Games have received a wide welcome from the athletes participating at the eve...
Jul 27, 2021 (Gmt+09:00)
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Airlines
Korean Air won't sell Asiana's budget carriers post-merger
Korean Air Lines Co. (KAL) will not put Asiana Airlines Inc.'s two low-cost carriers (LCCs) up for sale after it completes its 1.8-trillion-won ($1....
Jul 19, 2021 (Gmt+09:00)
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Korean chipmakers
Memory chip supercycle cools as demand declines
A global memory chip supercycle is taking a breather with weakening growth in DRAM chip prices, halting bullish momentum in shares of Samsung Electr...
Jul 14, 2021 (Gmt+09:00)
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Monthly trade infographics
Korea's automobile exports log double-digit growth between Jan and May
Automobile exports log double-digit growth for five straight months In May 2021, exports of automobiles nearly doubled compared to the year-earlier...
Jul 12, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Debt-ridden Ssangyong to sell car plant in self-rescue drive
Ssangyong Motor Co., the debt-ridden South Korean unit of India’s Mahindra and Mahindra Ltd. now in court receivership, has decided to sell it...
Jul 12, 2021 (Gmt+09:00)
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Mergers & Acquisitions
BlackRock in talks to acquire Korea’s ESG-focused IGIS Private Equity
BlackRock Inc., the world’s largest asset manager, is in talks to acquire IGIS Private Equity, a South Korea-based firm specialized in eco-fri...
Jul 12, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix outplays Kioxia as world’s No.2 smartphone NAND flash maker
South Korea’s SK Hynix Inc. has clinched a surprise second spot in the world’s NAND flash market for smartphones. According to the marke...
Jul 11, 2021 (Gmt+09:00)
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ESG
SK Global Chemical to start plastic waste recycling business in Asia
SK Global Chemical (SKGC), a petrochemical subsidiary of SK Innovation Co., plans to build a plastic waste recycling plant in South Korea to extract...
Jul 09, 2021 (Gmt+09:00)
Latest News
- 1 Invesco, SK D&D likely to buy co-living building in Seoul
- 2 Coupang bids for Korean luxury market dominance with Farfetch
- 3 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 4 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 5 Korea to allow non-profits to buy bad consumer loans