SK Hynix CEO Lee Seok-hee: Star engineer, bookworm, soju connoisseur

When SK Hynix Inc. announced a $9 billion all-cash deal to acquire Intel Corp.’s NAND memory chip business in mid-October of last year, the ma...

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

South Korea’s SK Group has signed a $1.5 billion deal to acquire a controlling stake in US hydrogen fuel cell maker Plug Power Inc. and launch...

SK Innovation to raise $920 mn for US battery plant expansion

South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...

CJ wraps up $366 mn pre-IPO for top beauty chain

CJ Group has completed its pre-IPO placement for CJ Olive Young, the group’s health and beauty brand, with Glenwood Private Equity securin...

Hana Fin buys Korean waste treatment firm with Asian PEFs

Hana Financial Investment Co. has acquired a small South Korean industrial waste treatment company in a consortium with two private equity firms, in...

CJ in renewed push to sell animal feed maker for over $1.8 bn

CJ Cheiljedang Corp., South Korea’s top food company, has again put up for sale its animal feed assets, after talks to sell the fully owned un...

SK in talks to buy French biologics contract manufacturer

SK Holdings is in the early stages of negotiations to acquire France’s biologic contract manufacturing organization (CMO) Yposkesi, in a move ...

SK Innovation partners with EVE to launch third battery plant in China

South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...

SK injects $200 mn into Roivant partnership for new drug development

SK Holdings Co., the holding company of South Korean conglomerate SK Group, has become the first Korean company to foray into the targeted protein d...

NAND competition heats up as SK Hynix unveils 176-layer flash memory

SK Hynix Inc. has developed 176-layer NAND flash memory, the industry’s highest-density chip, following in the footsteps of Micron Technology ...

SK Bioscience begins listing process; enterprise value near $3 bn

South Korea’s SK Bioscience Co., set to enter clinical trials for its COVID-19 vaccine candidates, is expected to list on the Seoul main bours...

SK to create $27 bn in addt'l net asset value via hydrogen business

SK Holdings Co., the holding company of South Korean conglomerate SK Group, aims to be at the forefront of the country's hydrogen ecosystem as part ...

SK Hynix shares hit fresh high; signaling DRAM supercycle

SK Hynix Inc., the world's second-largest memory chipmaker, saw its share price climb to a historic high on Dec. 2, posting a higher gain than the w...

Global oil refiners, local PEs among 7 bidders for SK Lubricants stake

Global oil refiners, strategic investors and private equity funds in Korea and abroad have submitted non-binding bids for up to 49% of SK Lubricants...

SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot

SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...

Goldman Sachs joins race for Korea’s beauty store chain

Goldman Sachs Principal Investment Area (PIA) has entered the race for a stake in South Korea’s health and beauty franchise CJ Olive Young, beco...

SK Telecom seeks $271 mn for mobility spin-off

South Korea’s largest mobile carrier SK Telecom Co. is looking to raise up to 300 billion won ($271 million) ahead of rolling out its new mobi...

SK Group mulls headquarters buyback through REIT

Energy-to-telecom-focused SK Group is considering buying back its headquarters in Seoul through a real estate investment trust (REIT) vehicle after th...

Samsung, SK Hynix challenged by underdog Micron’s 176-layer NAND

South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are being challenged by smaller rival Micron Technology Inc.’s ...

Amazon, SK Telecom join hands in Korea e-commerce market

SK Telecom Co. and online retail giant Amazon.com have agreed to team up in South Korea’s e-commerce market, in a deal that could lead to cross-...

SK Holdings cryogenic biz eyes jackpot on hopes of imminent COVID-19 vaccine

South Korea's SK Holdings Co. may hit the jackpot with the development of a COVID-19 vaccine on the horizon.Once a coronavirus vaccine is available, t...

S. Korean stock market posts record-high market cap; SK biopharm added to MSCI

South Korea's benchmark Kospi reached a two-year high closing at 2485.87 points on Nov. 11, posting an eight-session winning streak driven by imminent...

SK Hynix’s 2020 non-memory chip sales seen to hit record high

SK Hynix Inc. is on track to record its highest sales from its non-memory chip business this year after the world’s second-largest DRAM memory c...

SK Hynix vows to triple NAND sales in 5 years after strong Q3

SK Hynix Inc. has vowed to triple its NAND flash memory sales within five years, buoyed by its recent acquisition of Intel Corp.’s NAND memory a...

SK Hynix and other affiliates to become 100% powered by renewable energy

South Korea's SK Holdings Co., along with seven of its affiliates have submitted applications to join RE100, a global coalition of multinational compa...

SK Hynix’s $9 bn Intel NAND deal ‘not overvalued’: CEO

SK Hynix Inc.’s $9 billion deal to acquire Intel Corp.’s NAND memory chip business is not overvalued as the price tag reflects the US firm...

SK Holdings' board underpins new standard in Korea

On Jul. 21, SK Holdings Co.'s board of directors rejected management's request to simplify the reporting procedure for investment proposals. Among the...

Samsung, CJ collaborate on artificial human projects

Samsung Electronics Co. announced on Oct. 29 that it has entered into an agreement with CJ Olive Networks Co. to collaborate on Neon, an artificial hu...

IMM, four other local PEFs shortlisted for CJ Olive Young pre-IPO

IMM Private Equity and four other South Korean private equity firms have been shortlisted for health and beauty franchise CJ Olive Young’s pre-i...

Naver, CJ ink $531 mn deal on entertainment content, logistics

South Korea’s largest internet portal Naver Corp. and logistics and entertainment conglomerate CJ Group have signed a 600 billion won ($531 mill...