building sale
Scope
Date
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Earnings
SK Hynix posts record Q1 sales buoyed by Solidigm, may build another fab
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it is considering building another chip fabrication line after p...
Apr 27, 2022 (Gmt+09:00)
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Real estate
Office deals in Seoul, Bundang surge 45% on-year in Q1
The office building deals in Seoul and neighboring Bundang Business District (BBD) reached 3.1 trillion won ($2.5 billion) during the first quarte...
Apr 27, 2022 (Gmt+09:00)
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Korean games
Black Desert by Pearl Abyss tops China app market
South Korean game developer and publisher Pearl Abyss announced Tuesday the mobile version of its cross-platform MMORPG Black Desert has claimed f...
Apr 27, 2022 (Gmt+09:00)
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Future mobility
Hyundai opens world's first UAM takeoff, landing area in UK
South Korea's Hyundai Motor Group has opened the world's first urban air mobility (UAM) takeoff and landing area in central England.Supernal LLC, Hy...
Apr 27, 2022 (Gmt+09:00)
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Energy
Doosan to supply key SMR equipment to US NuScale Power
Doosan Enerbility Co., South Korea's major power plant builder, will participate in a nuclear power plant in the US as a key equipment supplier for ...
Apr 26, 2022 (Gmt+09:00)
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Tech, Media & Telecom
SK Ecoplant to build largest commercial data center in Korea
South Korea’s SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is slated to develop the largest commercial data cen...
Apr 25, 2022 (Gmt+09:00)
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Earnings
Hyundai, Kia see Q1 profits soar, aim for strong 2022 despite dim outlook
South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – on Monday posted strong first-quarter earnings, driven by...
Apr 25, 2022 (Gmt+09:00)
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Hydrogen economy
Hyundai Rotem to kick off liquid hydrogen fueling station project
Hyundai Rotem Co., a South Korea’s railway system maker under Hyundai Motor Group, said on Friday that it has won a demonstration project to b...
Apr 22, 2022 (Gmt+09:00)
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Earnings
Naver to cut costs for profitability after disappointing Q1
Naver Corp., South Korea’s dominant online platform, will focus on cutting costs and reducing new hiring to improve profitability as its disap...
Apr 21, 2022 (Gmt+09:00)
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Future mobility
Hilton Seoul to transform into UAM landing area
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) plans to build the country's first landing area for urban air mobility (U...
Apr 18, 2022 (Gmt+09:00)
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Automobiles
SUV, minivan sales reach 52% of car market in Q1
Sales of leisure vehicles in South Korea, primarily sport utility vehicles (SUVs) and minivans, exceeded half of domestic finished car sales in the ...
Apr 18, 2022 (Gmt+09:00)
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Real estate
Warehouses pile financial burden on investment firms
South Korea’s logistics centers are ramping up the financial pressure on real estate investment firms. Previously a favored property type, i...
Apr 15, 2022 (Gmt+09:00)
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Earnings
POSCO returns from pandemic blues with record quarterly profit
South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high revenue an...
Apr 15, 2022 (Gmt+09:00)
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Bio & Pharma
HK inno.N receives sales permit for ulcer treatment in China
HK inno.N is expediting its global expansion with its latest drug K-Cab designed to treat peptic ulcers.The South Korean pharmaceutical company an...
Apr 13, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai to build EVs at US plant; Electrified GV70 to roll out in Dec.
NEW YORK – Hyundai Motor Co. is spending $300 million to add an electric vehicle production line to its manufacturing plant in Alabama as the ...
Apr 13, 2022 (Gmt+09:00)
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Automobiles
Shinhan Card makes strategic investment in car sales platform
South Korea’s Shinhan Financial Group is intensifying its online car sales business through partnerships with online platforms. The group&rs...
Apr 13, 2022 (Gmt+09:00)
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Bio & Pharma
Hanmi stands out with own drugs as Korean rivals sell imports
South Korea’s Hanmi Pharmaceutical Co. generated sales of more than 1 trillion won ($812.3 million) from its own medicines last year on strong...
Apr 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Ssangyong Motor sale likely a duel between KG Group, Ssangbangwool
The sale of troubled sport utility vehicle maker Ssangyong Motor Co. is likely to be a duel between chemicals conglomerate KG Group and SBW Group, a...
Apr 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
E-Mart to join buyout of Korean meat importer
E-Mart Inc., South Korea’s retail giant Shinsegae Inc.’s supermarket chain, is slated to participate in IGIS Investment Partner’s ...
Apr 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT to build media value chain with $4.1 bn content sales by 2025
KT Corp., a major South Korean telecommunications company, on Thursday unveiled an ambitious goal to become the country’s leading media and co...
Apr 07, 2022 (Gmt+09:00)
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Earnings
Samsung sees record first-quarter sales; business outlook murky
Samsung Electronics Co. likely posted record revenue in the first quarter, driven by brisk sales of memory chips and smartphones. Its shares, howeve...
Apr 07, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia rank fifth in global electric vehicle sales
South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., ranked fifth in terms of electric vehicle sales, which posted triple-di...
Apr 06, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Philippines LCS Group buys Korea’s special purpose vessel maker
The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense products to the Southe...
Apr 05, 2022 (Gmt+09:00)
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Korean stock market
Mid-cap, small-cap outperform large-cap stocks in Q1 2022
South Korea’s mid-cap and small-cap shares outperformed large-cap stocks during the first quarter of 2022 as some glitzy initial public offe...
Apr 01, 2022 (Gmt+09:00)
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Corporate bonds
Korea firms reconsider bond sale plans on surging yields
South Korean companies are hesitating to raise funds on surging corporate bond yields. More firms are repaying existing debt and have postponed new ...
Mar 30, 2022 (Gmt+09:00)
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Companies
Kiturami Boiler bets on chip, battery facility systems
Choi Jin-min, founder and chairman of Kiturami Boiler Co., is one of the few living witnesses in South Korea's boiler history. At the age of 21, he ...
Mar 30, 2022 (Gmt+09:00)
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Carbon neutrality
POSCO, Hancock partner for low-carbon steel materials production
South Korea’s top steelmaker POSCO Co. and Hancock Prospecting Pty Ltd, a leading Australian mining firm, are slated to collaborate in low-car...
Mar 30, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai files complaint against EU's veto of DSME merger
HD Hyundai, formerly known as Hyundai Heavy Industries Holdings Co., has filed a complaint against the European Commission, the executive body of th...
Mar 28, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Ssangyong Motor sale collapses as Edison Motors fails to pay
The planned sale of Ssangyong Motor Co. to Edison Motors Co., a small South Korean electric bus maker, has broken down as Edison failed to make full...
Mar 28, 2022 (Gmt+09:00)
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Samsung Group
Samsung heirs sell Samsung Elec shares for $1.1 bn
The wife and two daughters of the late Samsung Group Chairman Lee Kun-hee raised a combined 1.37 trillion won ($1.1 billion) in block sale of Samsun...
Mar 24, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 2 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 3 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 4 S.Korea eases path for foreign REITs in senior housing push
- 5 Koramco targets $7 bn bets on Korea data centers