sk ev charging unit
Scope
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Leadership & Management
LG to hive off trading, four other units into new group
South Korea’s fourth-largest conglomerate LG Group will split off its trading arm LG International Corp. and four other non-core units into a ...
Nov 26, 2020 (Gmt+09:00)
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Batteries
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...
Nov 25, 2020 (Gmt+09:00)
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Automobiles
Hankook Tire poised to supply for Tesla’s EV trucks
South Korea’s three leading tire makers are seeking a greater share of the global electric vehicle (EV)-only tire market, which is expected to g...
Nov 19, 2020 (Gmt+09:00)
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Future mobility
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...
Nov 17, 2020 (Gmt+09:00)
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Leadership & Management
LG Group ex-chair eyes spin-off of trading, logistics units
LG Group’s ex-Vice Chairman and senior advisor Koo Bon-joon is in talks to take the trading arm LG International Corp. and other non-core units ...
Nov 16, 2020 (Gmt+09:00)
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REITs
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...
Nov 16, 2020 (Gmt+09:00)
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Korean chipmakers
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 ...
Nov 16, 2020 (Gmt+09:00)
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Corporate strategy
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-...
Nov 15, 2020 (Gmt+09:00)
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Cold-chain logistics
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...
Nov 13, 2020 (Gmt+09:00)
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Electric vehicles
Hyundai Motor, SP Group to expand EV battery business in Singapore
Hyundai Motor Co. is seeking to expand its electrice vehicle battery business in Southeast Asia in cooperation with Singapore’s state-run utilit...
Nov 12, 2020 (Gmt+09:00)
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Markets
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...
Nov 11, 2020 (Gmt+09:00)
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Korean chipmakers
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...
Nov 09, 2020 (Gmt+09:00)
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Earnings
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...
Nov 04, 2020 (Gmt+09:00)
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Batteries
Korea’s EV battery stocks surge on Europe sales, US vote
Shares of South Korea’s three leading electric vehicle battery makers surged Tuesday, on strong electric car sales in Europe and expectations th...
Nov 03, 2020 (Gmt+09:00)
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ESG
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...
Nov 02, 2020 (Gmt+09:00)
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NAND business
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...
Oct 30, 2020 (Gmt+09:00)
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Corporate governance
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...
Oct 29, 2020 (Gmt+09:00)
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Immersive content
SK Telecom tackles 5G content business
South Korea's largest mobile carrier SK Telecom Co. aims to ramp up its 5G content business and foray into overseas markets to boost its presence in t...
Oct 21, 2020 (Gmt+09:00)
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Battery recycling
Hyundai Glovis, Hyundai Motor, LG Chem get nod on EV battery recycling
The South Korean government has eased regulations to allow local automakers and battery makers to collaborate on recycling used electric-vehicle batte...
Oct 20, 2020 (Gmt+09:00)
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Korean chipmakers
SK Hynix to buy Intel’s NAND business in $9 bn cash deal
SK Hynix Inc. has signed a 10.3 trillion won ($9 billion) all-cash deal to buy Intel Corp.’s NAND memory chip business that will propel the Sout...
Oct 20, 2020 (Gmt+09:00)
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Interview
Now Systems looks to metal detector market for EV batteries
Now Systems Co., a South Korean metal detector maker, is looking to enter the digital detection equipment market to check metals used in rechargeable ...
Oct 16, 2020 (Gmt+09:00)
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Chinese startups
SK, KTCU see gains from Chinese startup’s Nasdaq IPO
SK Group and the Korean Teachers’ Credit Union (KTCU) may walk away with handsome gains from their joint investment of 360 billion won ($314 mil...
Oct 16, 2020 (Gmt+09:00)
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Future mobility
SK Telecom to spin off mobility unit, launch JV with Uber
SK Telecom Co. is spinning off its mobility platform business as a separate entity and also launching a joint venture with US ride-hailing company Ube...
Oct 16, 2020 (Gmt+09:00)
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Hydrogen fuel
SK Gas sets sights on liquid hydrogen as LPG market fizzles
SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) producer, is preparing to enter the liquid hydrogen manufacturing market as part ...
Oct 11, 2020 (Gmt+09:00)
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M&As
CJ Logistics, NPS eye sell-off of Chinese logistics unit
South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...
Oct 08, 2020 (Gmt+09:00)
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M&As
CJ Logistics, NPS eyeing to sell Chinese logistics unit
South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...
Oct 08, 2020 (Gmt+09:00)
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CJ Logistics, NPS eye sell-off of Chinese logistics unit
South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...
Oct 08, 2020 (Gmt+09:00)
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Batteries
China’s CATL poised to overtake LG Chem as top EV battery maker
Global competition for the world’s top spot for the manufacture of rechargeable batteries is getting fiercer as China is stepping up efforts to ...
Oct 05, 2020 (Gmt+09:00)
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M&As
Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market
Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...
Sep 23, 2020 (Gmt+09:00)
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Batteries
Tesla unveiling offers opportunity for Korean EV battery makers; shares down
Tesla Inc.’s announcement that it will adopt a new battery technology to significantly improve an electric vehicle’s range and power shoul...
Sep 23, 2020 (Gmt+09:00)
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