record high chip sales
Scope
Date
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Logistics
CJ Logistics launches integrated delivery brand O-NE
CJ Logistics, a South Korean logistics company, unveiled on Monday a new delivery brand called "O-NE" that aims to connect online sellers and buyers...
Mar 07, 2023 (Gmt+09:00)
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Travel & Leisure
KTO promotes travel to Korea in ITB Berlin
The Korea Tourism Organization announced on Monday its participation in ITB Berlin 2023, the world's largest tourism fair held in Berlin, Germany, f...
Mar 07, 2023 (Gmt+09:00)
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Business & Politics
Concerned about CHIPS Act, Korea says US investment less attractive
South Korea on Monday expressed concerns about the guidelines of the US Chips and Science Act, saying that some of the conditions the US government ...
Mar 06, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korea needs bold investment to keep K-chip supremacy: SNU scholar
The South Korean government and the private sector must commit to more generous and comprehensive support for the country's memory chip industry if ...
Mar 06, 2023 (Gmt+09:00)
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Automobiles
South Korean tire makers raise prices despite weak sales
South Korea’s three largest tire makers are raising product prices despite their weak sales in anticipation of an imminent market rebound amid...
Mar 03, 2023 (Gmt+09:00)
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Automobiles
Hyundai's Namyang R&D Center acquires safety management certification
Hyundai Motor Group announced on Friday that the polymer materials analysis lab and the metal component analysis lab in the Basic Materials Research...
Mar 03, 2023 (Gmt+09:00)
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Energy
KHNP gets EUR certification for nuclear plant model in Europe
Korea Hydro & Nuclear Power (KHNP) on Thursday said the standard design of its APR1000, a nuclear power plant that it exports to Europe, has obt...
Mar 03, 2023 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea kicks off privatization of top container line HMM
South Korea has started the process to privatize the country’s No. 1 container line HMM Co. by tapping advisors for the sale of the controllin...
Mar 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's KSOE wins order for 3 LNG carriers at $770 mn
Korea Shipbuilding & Offshore Engineering, a shipbuilding holding company of HD Hyundai Group, has secured a contract for liquefied natural gas ...
Mar 03, 2023 (Gmt+09:00)
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Corporate strategy
Plant, machinery maker Doosan seeks future from chips, robots
BARCELONA -- South Korea’s plant and machinery powerhouse Doosan Group is seeking its future growth engines from the semiconductor and robot s...
Mar 02, 2023 (Gmt+09:00)
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Automobiles
Hyundai autoworker: Dream job for many South Koreans
In South Korea, blue-collar work has for decades been shunned by job seekers because of the hard manual labor as well as the widely held perception ...
Mar 02, 2023 (Gmt+09:00)
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Pension funds
S.Korea's NPS likely to log 8.2% loss for 2022, record-low return
South Korea’s National Pension Service (NPS) is expected to post a negative return of 8.2% for 2022, according to its preliminary report on Th...
Mar 02, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia close in on Toyota with record US sales
Hyundai Motor Co. and Kia Corp., under South Korea’s Hyundai Motor Group, posted their largest-ever sales for February in the US, narrowing a ...
Mar 02, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics bags $183 million CMO order from Pfizer
Samsung Biologics Co., the world’s No. 1 contract drug maker in terms of production capacity, has won a $182.7 million contract manufacturing ...
Mar 02, 2023 (Gmt+09:00)
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Korean startups
Carmerce raises $2.3 mn in Series A led by Hankook Tire
South Korea's used car e-commerce platform Carmerce has raised 3 billion won ($2.3 million) in a Series A funding round led by Hankook Tire & ...
Mar 02, 2023 (Gmt+09:00)
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Korean chipmakers
US CHIPS Act threatens Samsung, SK Hynix’s memory supremacy
WASHINGTON D.C. – The Biden administration’s “Chips for America” program aims to keep China’s growing clout in the sem...
Mar 02, 2023 (Gmt+09:00)
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Economy
S.Korea’s exports drop for 5th straight month in Feb on plunging chip sales
South Korea’s exports shrank 7.5% year over year in February on a plunge in shipments of its mainstay export item semiconductors amid the glob...
Mar 02, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's KGC to spur ginseng sales in China with state-run CR Group
Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., is set to accelerate sales of its ginseng products across Chin...
Mar 02, 2023 (Gmt+09:00)
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Earnings
Korean e-commerce Coupang logs profits in Q3-Q4 2022
South Korean e-commerce giant Coupang Inc. achieved record-high yearly revenue and operating profits for two consecutive quarters between July to De...
Mar 01, 2023 (Gmt+09:00)
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Chemical Industry
Kolon Plastics to make eco-friendly products from marine waste
Kolon Plastics Inc. said on Tuesday that it has signed an agreement with Netspa, a South Korean recycling social venture, to jointly develop enginee...
Feb 28, 2023 (Gmt+09:00)
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Batteries
Korea’s L&F in $2.9 billion deal to supply battery material to Tesla
South Korea’s leading battery materials maker L&F Co. said on Tuesday it has signed a $2.91 billion deal to supply cathode, a key electric...
Feb 28, 2023 (Gmt+09:00)
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Korean startups
FADU joins ranks of unicorns as S.Korea’s first fabless chip firm
FADU Technology has become South Korea’s first fabless semiconductor unicorn after successfully raising funds from share sales before its init...
Feb 28, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Electro-Mechanics unveils chip substrate for autonomous driving
Samsung Electro-Mechanics Co. has developed an advanced semiconductor substrate for autonomous driving, which is expected to drive the top South Kor...
Feb 27, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix face cap on tech level of chips made in China
WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...
Feb 24, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung unveils new Exynos mobile chips for midrange smartphones
Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled a duo of new Exynos mobile application processor (AP) chips to pow...
Feb 24, 2023 (Gmt+09:00)
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Debt financing
Affinity refinances $130 mn debt as Burger King sale delayed
Affinity Equity Partners has refinanced 170 billion won ($130 million) in debt borrowed to acquire Burger King’s operations in South Korea and...
Feb 24, 2023 (Gmt+09:00)
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Electronics
OLED tech leads trends on premium TV market
Organic light-emitting diode (OLED) products account for over 30% of the global premium TV market, attesting to the technology's emergence as the st...
Feb 24, 2023 (Gmt+09:00)
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Future mobility
KAIST, Hyundai sign agreement for high-speed self-driving research
The Korea Advanced Institute of Science & Technology (KAIST) announced that it would embark on research into high-speed autonomous driving techn...
Feb 23, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor Group's 23 vehicle models win Editor's Choice Awards
Hyundai Motor Group made an announcement on Thursday, saying that its major vehicles had been selected as the best models at the 2023 Editor's Choic...
Feb 23, 2023 (Gmt+09:00)
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Electronics
LG Electronics plans sales blitz on US market for induction ranges
LG Electronics Inc. this year has launched an all-out sales offensive for induction ranges and cooktops in the US, the world's leading market for pr...
Feb 23, 2023 (Gmt+09:00)
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