Hyundai Heavy likely to be added to MSCI Korea index

Hyundai Heavy likely to be added to MSCI Korea index

Hyundai Heavy Industries Co., the world's largest shipbuilder, is the strongest candidate to be included in the MSCI Korea Index next week as part o...

SK Shieldus drops IPO on lukewarm demand from investors

SK Shieldus drops IPO on lukewarm demand from investors

South Korean leading security services provider SK Shieldus Co. has scrapped its plan to go public this month. Its bookbuilding gained tepid investo...

Korea’s new govt. aims to export 10 nuclear power plants

Korea’s new govt. aims to export 10 nuclear power plants

South Korea’s incoming administration seeks to export 10 nuclear power plants by 2030 as President-elect Yoon Suk-yeol pledged to rescind the ...

Can Samsung Electronics ever catch up to foundry leader TSMC?

Can Samsung Electronics ever catch up to foundry leader TSMC?

For years, Samsung Electronics Co. has been touted as the backbone of the South Korean economy, Asia’s fourth-largest, under the government&rs...

Hyundai Motor, battery firms strive to limit China lockdown disruptions

Hyundai Motor, battery firms strive to limit China lockdown disruptions

The growing fears of a Beijing lockdown are prompting South Korea’s top automaker Hyundai Motor Co. and battery makers, already suffering from...

SK, BlackRock team to bet on EV charging station maker

SK, BlackRock team to bet on EV charging station maker

  SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...

SK Innovation logs record profit in Q1 on strong refining biz

SK Innovation logs record profit in Q1 on strong refining biz

SK Innovation Co., South Korea’s top refiner, enjoyed the record quarterly earnings on strong crude prices and margins, joining the list of do...

SK beats Hyundai Motor to become S.Korea’s No.2 conglomerate 

SK beats Hyundai Motor to become S.Korea’s No.2 conglomerate 

SK Group, which has SK Inc. as its holding company, is now South Korea’s second-largest conglomerate by asset size – replacing automotiv...

SK Hynix posts record Q1 sales buoyed by Solidigm, may build another fab

SK Hynix posts record Q1 sales buoyed by Solidigm, may build another fab

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it is considering building another chip fabrication line after p...

SK buys power semiconductor maker for EV chip business

SK buys power semiconductor maker for EV chip business

SK Group, South Korea’s third-largest conglomerate, has geared up its electric vehicle chip business development with the acquisition of a loc...

LG Electronics establishes hiring-guaranteed AI department at Yonsei

LG Electronics establishes hiring-guaranteed AI department at Yonsei

LG Electronics Inc. is poised to set up a new department at Seoul-based Yonsei University to train aspiring artificial intelligence engineers. ...

Korean drugmakers close to commercializing COVID-19 vaccine, pill

Korean drugmakers close to commercializing COVID-19 vaccine, pill

South Korea’s biopharmaceutical companies are close to commercializing a COVID-19 vaccine and treatment pill as they are on the brink of compl...

SK Networks sees $80 mn valuation gain from Kurly

SK Networks sees $80 mn valuation gain from Kurly

South Korea's grocery delivery app Kurly Inc. has generated a valuation gain of 100 billion won ($80 million) for SK Networks Co., or a triple-digit...

SK Ecoplant to build largest commercial data center in Korea

SK Ecoplant to build largest commercial data center in Korea

South Korea’s SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is slated to develop the largest commercial data cen...

SK Earthon to explore oil block off Malaysian coast

SK Earthon to explore oil block off Malaysian coast

South Korea’s SK Earthon Co., an energy and petroleum unit of SK Innovation Co., and Malaysia's Petroleum Sarawak Exploration & Production...

S.Korean boiler manufacturers turn to overseas markets

S.Korean boiler manufacturers turn to overseas markets

Kyungdong Navien Co. revealed on Sunday that overseas sales account for more than 60% of its total sales on the back of strong exports to the United...

SK’s gas unit to sell production facility for $809 mn

SK’s gas unit to sell production facility for $809 mn

South Korean conglomerate SK Group’s industrial gas-making unit is set to sell a local production facility for about 1 trillion won ($809 mill...

SK On bidders weigh growing risks of battery makers

SK On bidders weigh growing risks of battery makers

Some of the four shortlisted bidders for South Korea's SK On Co. recently went back to the drawing board to assess the value of the world's No. 5 el...

SK Telecom’s bet on air mobility, metaverse in full display at World IT Show

SK Telecom’s bet on air mobility, metaverse in full display at World IT Show

SK Telecom Co. is poised to show off its latest services at this year’s World IT Show slated for three days from April 20. At the large...

Korean refiners: Lubricating the future of electric vehicles

Korean refiners: Lubricating the future of electric vehicles

With the rise of electric vehicles globally, South Korea’s major oil refiners are jockeying to become leading suppliers of lubricants and cool...

SK Ecoplant's pre-IPO enjoys attention from wealthy individuals

SK Ecoplant's pre-IPO enjoys attention from wealthy individuals

The pre-initial public offering of SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is becoming a hot topic in private bank...

SK's biotech bets step closer to commercialization

SK's biotech bets step closer to commercialization

Biotechnology startups in Europe, backed by South Korea's SK Inc., are speeding up their development of next-generation drug candidates by joining h...

IONIQ 5 emerges as EV game changer with industry accolades

IONIQ 5 emerges as EV game changer with industry accolades

NEW YORK – Hyundai Motor Co.'s all-electric IONIQ 5 crossover has been named the World Car of the Year following a series of recent indus...

SK Networks on hunt for one billion-dollar M&A target

SK Networks on hunt for one billion-dollar M&A target

South Korea's SK Networks Co. is looking for an acquisition worth over 1 trillion won ($816 million) to accelerate its shift away from trading and r...

SK Telecom steps up metaverse push with Morph Interactive purchase

SK Telecom steps up metaverse push with Morph Interactive purchase

SK Telecom Co., South Korea’s top mobile carrier, has made an equity investment in Morph Interactive Co., a local three-dimensional graphics c...

Hyundai’s Chung named auto industry Visionary of the Year

Hyundai’s Chung named auto industry Visionary of the Year

Hyundai Motor Group Chairman Chung Euisun was named the automobile industry's Visionary of the Year by Newsweek, which credited him for driving tran...

Hanwha Solutions CEO meets with US blockchain VCs

Hanwha Solutions CEO meets with US blockchain VCs

President and co-CEO of Hanwha Solutions Corp. Kim Dong-kwan met with heads of major blockchain venture capital firms while visiting the United Stat...

US hedge fund urges SK to focus on share buybacks

US hedge fund urges SK to focus on share buybacks

US hedge fund Dalton Investments LLC has urged SK Inc., the holding company of South Korea’s SK Group, to focus more on share buybacks and can...

Dongwon Industries becomes new holding firm of seafood conglomerate

Dongwon Industries becomes new holding firm of seafood conglomerate

Dongwon Group, South Korea’s leading seafood and logistics conglomerate, will undergo corporate restructuring with Dongwon Industries Co. emer...

Startups need to embrace ESG, industry insiders say

 Startups need to embrace ESG, industry insiders say

Environmental initiatives such as RE100 and high Environmental, Social, and Governance (ESG) standards are not just for conglomerates anymore, accor...

Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP