Investor sentiment on Korean IPOs remains chilly in H2
Investors are staying away from South Korea’s initial public offering markets as sentiment remains sour on global interest rate hikes, the sus...
Celltrion logs strong Q2 earnings powered by biosimilars
South Korea’s biopharmaceutical maker Celltrion Inc. on Friday reported strong quarterly earnings thanks to healthy demand for its biosimilar ...
LG Energy to power all its global operations with renewable energy by 2025
LG Energy Solution Ltd., South Korea’s top battery maker, plans to power all its global production sites with only renewable energy by 2025 to...
Infineon chip flaws to disrupt IONIQ 5 EV production
Hyundai Motor Co. is highly likely to suffer a further production delay for its all-electric crossover IONIQ 5 after South Korean industry sources s...
SK Hynix unveils world's first 238-layer NAND; Samsung SSD 20 times faster
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are set to overtake their rivals in the industry’s...
S.Korea edges closer to joining US-led chip alliance
August could mark a turning point for South Korea’s semiconductor industry.The country has been keeping tight-lipped on whether or not to join...
S.Korean startup Time Percent gives power to digital asset investors
South Korean startup Time Percent Corp. was founded a year ago with the specific goal of giving power to the investors of digital assets, rather tha...
POSCO, Krakatau to expand Indonesia steel mill for $3.5 bn
South Korea’s POSCO Group and Indonesia’s state-run Krakatau Steel plan to jointly invest $3.5 billion in building a blast furnace and a...
Chips, forex gains shore up Samsung's Q2 earnings
Samsung Electronics Co.’s second-quarter earnings remained steady compared to three months before, with robust memory chip sales for data cent...
SK to build first chip packaging plant in US with $22 bn investment
WASHINGTON DC – SK Group, South Korea’s second-largest conglomerate, said on Wednesday it will build its first memory chip packaging fac...
Samsung Elec. celebrates world's first shipment of 3-nanometer chips
Samsung Electronics Co. held a ceremony on Monday to celebrate its first shipment of 3-nanometer semiconductor chips, notching its lead in the race ...
Korea's Hyundai Mobis bolsters its own chipmaking capabilities
Hyundai Mobis Co., South Korea’s largest auto parts maker, is aiming to produce the majority of its automotive semiconductors with its own tec...
Samsung presents Texas with $200 bn chip investment plan proposition
Samsung Electronics Co., the world’s top memory chipmaker, has presented a tax break proposal to the State of Texas as part of its plan to inv...
Korean DL E&C to enter SMR biz with Canada’s Terrestrial
South Korea’s construction company DL E&C Co. is set to make inroads into the small modular reactor (SMR) business for future growth ...
South Korea to cut red tape, raise student quota to grow chip talent
South Korea, home to the world’s two largest memory chipmakers, said on Tuesday it will cut administrative red tape and ease the restrictive s...
AI-powered translation startup XL8 raises $2.7 million in bridge investment
Artificial intelligence-powered translation startup XL8 Inc. said on Monday it raised 3.6 billion won ($2.7 million) in a bridge round prior to Seri...
Samsung develops world’s fastest graphics DRAM chip
Samsung Electronics Co. on Thursday unveiled a sample of the industry’s fastest graphics DRAM, designed to significantly advance the graphics ...
Hyundai Mobis to power all plants with 100% renewable energy by 2040
Automobile companies’ carbon-neutral activities often result in developing and producing eco-friendly vehicles such as electric vehicles and h...
Samsung Elec's Q2 earnings signal end of upward run
Samsung Electronics Co. on Thursday estimated that its second-quarter operating profit and sales edged down from three months before, reversing its ...
LG Innotek to invest $1.1 bn to ramp up substrate, camera module output
South Korea’s LG Innotek Co. said on Wednesday it will invest 1.4 trillion won ($1.1 billion) in expanding facilities for semiconductor substr...
Samsung's 3 nm chip narrows microchip gap with TSMC
Samsung Electronics Co. has kicked off mass production of 3-nanometer chips based on the industry’s smallest process node as a global first, a...
SK Materials, Showa Denko to jointly seek US semiconductor gas business
SK Materials Co., an industrial gas manufacturing affiliate of South Korea’s SK Inc., and Japanese chemicals company Showa Denko K.K. have agr...
Hyundai showcases IONIQ 6, electrified streamliner
Hyundai Motor Co. on Wednesday unveiled the design of the IONIQ 6, its first all-electric sedan on an exclusive EV platform, with which South Korea&...
Samsung nears 3-nano chip mass production ahead of TSMC
Samsung Electronics Co. is close to mass producing 3-nanometer chips based on a next-generation ultramicro fabrication process as a global first and...
South Korea to invest $794 million in AI chips, nurture 7,000 experts
The South Korean government has decided to invest 1.02 trillion won ($794 million) in the artificial intelligence semiconductor sector and foster ov...
Doosan Enerbility, Siemens' affiliate sign MOU for wind power business
Doosan Enerbility Co. announced Sunday it has signed an initial memorandum of understanding (MOU) with Siemens Gamesa Renewable Energy S.A. (SGRE) i...
Samsung SDI inks $6.6 bn deal for 60% of elecfoil needs
Samsung SDI Co., South Korea’s major battery maker, inked a $6.6 billion contract to secure 60% of its needs for elecfoil, an ingredient for c...
Petrochem firms to fuel plants with self-supplied power
South Korea’s petrochemical companies will build power plants for the first time in their history to meet their rising energy needs on a stabl...
Korea to reboot nuclear power sector with orders, aid
South Korea plans to rebuild the nuclear power plant industry hard hit by the previous government’s nuclear energy phasing-out policy by placi...
Ex-Samsung exec says Korea chip sector needs more support
South Korea’s semiconductor sector needs more support from the government not only to compete against global rivals backed by their own govern...
