SK sells US car-sharing firm Turo stake to earn over $32 mn

SK sells US car-sharing firm Turo stake to earn over $32 mn

South Korea’s second-largest conglomerate SK Group exited from Turo, the US top peer-to-peer car-sharing company, to make an estimated return ...

SK C&C to build advanced info systems for Nongshim's overseas corporations

SK C&C to build advanced info systems for Nongshim's overseas corporations

South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information and communications ...

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

Samsung’s Jay Y. Lee walks on tightrope in US, China investments

BEIJING – Samsung Group leader Jay Y. Lee plans to attend the China Development Forum later this month for the first time as the South Korean ...

Boeing’s Korean supplier targets UAV market with guided weapons

Boeing’s Korean supplier targets UAV market with guided weapons

Boeing Co.’s leading South Korean contractor aims to develop unmanned aerial vehicles with guided weapons, given the rapidly growing military ...

Eastar Jet to add 7 airplanes with aim to rake in $111.2 mn in 2023 sales

Eastar Jet to add 7 airplanes with aim to rake in $111.2 mn in 2023 sales

Eastar Jet Co., a South Korean low-cost airline, will expand its fleet to 10 aircraft this year to resume flight services at home and abroad about t...

Celltrion, Genuv sign agreement for antibody joint R&D

Celltrion, Genuv sign agreement for antibody joint R&D

South Korean biopharmaceutical firm Celltrion Inc. announced on Tuesday a joint research and development agreement with Genuv, Inc., a domestic drug...

S.Korea's mattress maker Zinus posts record domestic sales in 2022

S.Korea's mattress maker Zinus posts record domestic sales in 2022

Zinus Inc., the mattress-making affiliate of South Korea's Hyundai Department Store Group, on Monday reported record-high domestic sales last year o...

Hahn & Co. puts SK Shipping’s tanker business up for sale

Hahn & Co. puts SK Shipping’s tanker business up for sale

South Korean private equity firm Hahn & Co. is seeking to sell SK Shipping Co.’s tanker division, a business widely seen as the breadwinne...

SK Chemicals, Yonwoo to develop eco-friendly cosmetic containers

SK Chemicals, Yonwoo to develop eco-friendly cosmetic containers

South Korean chemical company SK Chemicals and Yonwoo Co., a subsidiary of Kolmar Korea, which is a leading domestic cosmetic container manufacturer...

SK Networks renames its EV charger unit to SK Electlink

SK Networks renames its EV charger unit to SK Electlink

SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...

Google, Microsoft laying off staff in S.Korea

Google, Microsoft laying off staff in S.Korea

The South Korean branches of Google and Microsoft have started efforts to cut staff in line with what analysts call large-scale restructuring of glo...

Korea to raise young chip engineers for Samsung, SK Hynix

Korea to raise young chip engineers for Samsung, SK Hynix

South Korea plans to nurture more youths specialized in semiconductors at high schools to ease the worsening shortage of high-skilled workers at d...

SK Geo Centric optimizes plastic recycling tech with US company

SK Geo Centric optimizes plastic recycling tech with US company

SK Geo Centric Co., a South Korean energy and chemical company, is accelerating technical negotiations to build the world's first plastic recycling ...

SK Ecoplant targets European waste battery recycling market

SK Ecoplant targets European waste battery recycling market

SK Ecoplant Co., its Singaporean subsidiary TES-AMM, and domestic eco-friendly business and secondary battery materials leader Ecopro Co. are poised...

Samsung, Arm partner Gaonchips eyes US as next offshore base

Samsung, Arm partner Gaonchips eyes US as next offshore base

Gaonchips Co., a long-term Samsung Electronics Co’s chip design house partner that also works with British fabless chip company Arm Inc., will...

SK Group affiliates hire more female outside directors

SK Group affiliates hire more female outside directors

Major affiliates of South Korea’s SK Group are recruiting a large number of female outside directors with the arrival of the season of regular...

HYBE kicks off campaign to win over SM shareholders

HYBE kicks off campaign to win over SM shareholders

Bang Si-hyuk, founder and chairman of the BTS label HYBE Co., has kicked off his campaign to gather support from institutional investors to take con...

LG Energy, SK On to showcase LFP battery prototypes at InterBattery 2023

LG Energy, SK On to showcase LFP battery prototypes at InterBattery 2023

LG Energy Solution Ltd. and SK On Co. will showcase their lithium iron phosphate (LFP) battery prototypes next week, as the two South Korean battery...

SK Networks invests $22 mn in US AI-based device company

SK Networks invests $22 mn in US AI-based device company

South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, ...

SK Square’s Swiss unit joins EU quantum satellite project

SK Square’s Swiss unit joins EU quantum satellite project

A Swiss company owned by South Korea’s SK Square Co. has joined a European project to develop a quantum communications satellite, the company ...

Yoon’s US visit to test Biden’s trust as ally over chip, battery issues

Yoon’s US visit to test Biden’s trust as ally over chip, battery issues

South Korean President Yoon Suk Yeol’s summit meeting with his US counterpart Joe Biden next month will celebrate 70 years of the Korea-US sec...

S.Korea pledges steps to attract more foreign investment

S.Korea pledges steps to attract more foreign investment

South Korea will boost foreign investment in the country through increased incentives and deregulation, Finance Minister and Deputy Prime Minister C...

SK Oceanplant acquires patents for offshore wind power structure fabrication

SK Oceanplant acquires patents for offshore wind power structure fabrication

SK Oceanplant, a South Korean ship and offshore plant builder formerly known as Samkang M&T, announced on Wednesday that it has acquired two pat...

S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech

S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech

South Korea's SK Ecoplant Co. and POSCO on Wednesday said they secured basic design certification from the Norwegian classification body DNV for "K-...

SK Plasma to build blood products plant in Indonesia

SK Plasma to build blood products plant in Indonesia

South Korea’s SK Plasma will build a blood products plant in Indonesia.Industry sources on Tuesday said the company recently received approval...

Samsung reclaims world's top spot in chip sales: Omdia

Samsung reclaims world's top spot in chip sales: Omdia

Samsung Electronics Co. topped the global chipmakers with $67.1 billion in revenue last year, according to London-based tech research firm Omdia ear...

SK Chemicals buys Chinese supplier’s recycled raw materials, PET unit

SK Chemicals buys Chinese supplier’s recycled raw materials, PET unit

South Korea’s SK Chemicals has created a production system for chemically recycled raw materials and PET for about 130 billion won ($100.1 mil...

Korea's Indent Corp. raises $8 mn for AI-based video review marketing

Korea's Indent Corp. raises $8 mn for AI-based video review marketing

Indent Corporation, a South Korean startup that operates an AI-based video review marketing solution called VReview, announced on Tuesday that it ha...

SK Earthon to be reborn as carbon-neutral company

SK Earthon to be reborn as carbon-neutral company

SK Earthon, an oil development subsidiary of South Korea's SK Innovation Co., plans to transform into a carbon-neutral company focused on oil explor...

Korea's SK Telecom jointly develops AI patrol robots

Korea's SK Telecom jointly develops AI patrol robots

SK Telecom Co., along with its partner firms, will develop artificial intelligence (AI) robots that will replace security guards patrolling around s...

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