Hydrogen fuel tank maker Iljin Hysolus eyes August IPO

South Korea’s only mass producer of hydrogen tube trailers, Iljin Hysolus Co., previously known as Iljin Composites, plans to be listed on the...

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...

Global EV race kicks off with key players investing $168 bn

The global auto industry is rapidly making a full-fledged shift towards electric vehicles (EVs), with the world’s five major market players, i...

World’s top COVID-19 test kit maker draws $28 bn in IPO subscriptions

The IPO of SD Biosensor Inc., which has sold the most COVID-19 test kits in the world -- selling more than 700 million kits from February 2020 to Ma...

No.1 K-pop goods maker Copan Global eyes digital expansion

The world of K-pop is globally known for offering a truly wide selection of merchandise items for fans. While balloons were the only goods used by t...

Lotte Chemical to double LPG use as petchem makers diversify feedstock

South Korean Lotte Chemical Corp. plans to double liquefied petroleum gas (LPG) use for ethylene production by next year as the domestic industry ru...

Paint makers lure MZers with YouTube stars, fashion brand

A car pulls in front of an old warehouse. In funky and vivid outfits and holding various tools in their hands, five boys and girls from the Ambiguou...

Crude oil, nitric acid and yarn turn eco-friendly amid ESG boom

South Korean material makers are boosting their efforts to go green as they increasingly adopt eco-friendly technologies for raw materials such as c...

SK Siltron to ramp up wafer production from 2022

SK Group’s silicon wafer affiliate SK Siltron Co. is planning to expand wafer production facilities amid growing demand from the global chip m...

GS Group joins race to acquire Korea’s botox maker Hugel

A consortium led by South Korea’s GS Group is in talks to acquire a controlling stake in Hugel Inc., the country’s top maker of botulinu...

US anti-dumping duties add to Korean tire makers' woes

The US trade body’s approval of anti-dumping tariffs on tire imports from South Korea, Taiwan and Thailand is adding to the woes of Korea&rsqu...

Kolon expands hydrocarbon resins production, becomes global No.2 maker

South Korea’s chemicals and industrial materials maker Kolon Industries Inc. have added another 15,000 tons of annual capacity in its hydrocar...

Blackstone-invested handbag maker Simone applies for IPO review

South Korea’s luxury handbag maker Simone Acc. Collection Ltd., 30% owned by US private equity firm Blackstone, has kicked off a process to li...

Parts maker Mando to split off self-driving operations

Mando Corp., a South Korean auto parts maker under Halla Group, is splitting off the autonomous driving business into a separate entity to sharpen i...

Chip shortage hits Korea’s COVID-19 diagnostic device manufacturers

The global chip shortage is impacting South Korea’s COVID-19 test device makers. They are paying up to 10 times the normal price of semiconduc...

SK invests in the US 'turquoise' hydrogen maker Monolith Materials

SK Inc., the holding and investment company of SK Group, has made another big investment in the US hydrogen segment.On Jun. 3, SK said that it bough...

LG Electronics expands overseas appliance plants as it exits phone business

LG Electronics Inc. is expanding its overseas production facilities as the South Korean home appliance giant is shifting gears toward new growth dri...

The harder the life, the better for Korea's Whanin Pharm

"When life gets too hard, this is the pharmaceutical company stock you must buy," advises the title of Hanwha Securities' recent research note on Wh...

Samsung Bio plans to manufacture mRNA drug substance from 2022

Samsung Biologics will be entering the drug substance segment of the COVID-19 vaccine contract manufacturing business. According to industry sources...

Korea’s major tire makers to raise prices as rubber supply tightens

South Korea’s three leading tire makers are set to raise prices of commercial and passenger vehicle tires on growing demand from automakers an...

National health insurance to cover dental startup AIOBIO’s QLF device

AIOBIO’s dental diagnostic devices will be covered by South Korea’s national health insurance from June 1. AIOBIO is the country’s...

Samsung Display to expand small OLED line with $2.7 bn investment

Samsung Display Co., South Korea’s largest display maker, plans to spend as much as 3 trillion won ($2.7 billion) to build a new organic light...

SK Nexilis, POSCO move forward with EV battery materials projects

With competition heating up in the global race for more eco-friendly cars, South Korea’s major companies are moving forward with their plans t...

Korean medical cosmetics firms make big rebound in Q1

South Korean medical cosmetics companies that underwent a tough year in 2020 are posting rejuvenated earning results thanks to s rise in demand in E...

Korea's COVID-19 test kit maker applies for $1.2 bn IPO

SD Biosensor Inc., South Korea's largest manufacturer of COVID-19 test kits, has applied for an initial public offering to raise up to 1.3 trillion ...

Korean pharmas may turn into global vaccine makers on Biden remarks

South Korea’s biosimilar and pharmaceutical companies are looking at a growing chance of emerging as a global hub for manufacturing vaccines f...

Hanwha Total becomes S.Korea’s largest polypropylene maker

Hanwha Total Petrochemical Co., a 50:50 joint venture between Hanwha Group and the French oil giant Total SE, has become the company with the larges...

Copper foil maker raises $700 mn funding to build Europe plant

South Korea's Iljin Materials Co., which produces copper foils for rechargeable batteries and printed circuit boards (PCBs), has received 800 billio...

LG Electronics set to overtake Whirlpool as top home appliance maker

South Korea’s LG Electronics Inc. will likely post its best-ever sales revenue for its home appliance business this year, overtaking Whirlpool...

Korean LED maker moves up to 3rd place; CEO still growing hair

Seoul Semiconductor Co., whose founder and CEO has not cut his hair since 2018 to concentrate on patent lawsuits, has moved up one notch to third pl...