LG Chem expands carbon nanotube production with new plant

South Korea's LG Chem Ltd. has completed an extension of its production line for carbon nanotubes (CNTs), known as a wonder material for its strengt...

SK agrees to pay $1.8 billion to LG, settles battery legal dispute

LG Energy Solution Ltd. and SK Innovation Co. have reached an 11th-hour agreement to end their two-year legal dispute in the US over trade secret in...

Dongkuk Steel’s Brazil plant: From ugly duckling to golden swan

For Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, Companhia Siderurgica do Pecem steel mill in Brazil, commonly known as CSP...

SK, Kolon tie up on biodegradable plastic production

SK Global Chemical Co., a petrochemical subsidiary of SK Innovation Co., will produce biodegradable plastics together with chemical and textile heav...

SK Hynix in talks to supply automotive DRAM to Bosch

South Korea’s SK Hynix Inc. is in talks to supply its memory chips for cars to Robert Bosch GmbH, a German multinational tech giant, given acc...

SK Group acquires 16.3% of Vietnam’s top retailer for $410 million

South Korea’s SK Group has acquired 16.3% of Vincommerce, Vietnam’s top retail business operator, for $410 million as part of a move to ...

SK Group eyes jackpot from investment in battery maker SES

South Korea’s SK Group is expected to pocket at least a tenfold return from its investment in electric vehicle battery startup SES as the batt...

Hyundai likely to briefly halt 2nd plant; Grandeur sedan affected

Hyundai Motor Co. will likely suspend a second plant due to a component supply disruption as a global shortage of automotive chips is putting the to...

SK Hynix ponders fate of Kioxia stake after bids by Micron, WDC

The reported bids to buy Japanese chipmaker Kioxia Holdings Corp. by Micron Technology Inc. and Western Digital Corp. is raising market chatter over...

SK IE Technology’s IPO plan to get boost from ITC ruling

SK IE Technology Co. (SKIET), set to make a trading debut on Korea’s main bourse in May, is expected to get a favorable review in assessing it...

ITC rules in favor of SK Innovation over LG Energy in US battery patent suit

The International Trade Commission (ITC) has ruled in favor of SK Innovation Co. in a US battery patent suit filed by LG Energy Solution Ltd., which...

SK acquires 70% stake in Yposkesi to jump into cell, gene CMO business

SK Inc., the holding and investment company of SK Group, South Korea’s third-largest conglomerate, has acquired a 70% stake in Yposkesi, a Fre...

SK E&S to invest $1.4 bn in Australia LNG project

SK E&S Co. will invest $1.4 billion in a gas field development project offshore northern Australia that had been postponed due to the global pan...

SK Bioscience halts flu vaccine output to focus on COVID vaccines

South Korea’s SK Bioscience Co. is suspending production of SKYCellflu, an influenza vaccine, to focus on manufacturing COVID-19 vaccines inst...

SK aims to raise enterprise value to over $120 billion by 2025

SK Inc., formerly known as SK Holdings Co., has vowed to raise its enterprise value to some 140 trillion won ($123 billion) by 2025 by focusing its ...

Hyundai Motor to halt plant for a week; Kona, IONIQ 5 affected

South Korea’s top automaker Hyundai Motor Co. will halt its main plant in Ulsan for a week due to a component supply disruption, the latest si...

SK Tel, Shinsegae, Lotte, MBK make the cut in eBay Korea deal

Four out of the five preliminary bidders for eBay Korea, including SK Telecom Co. and MBK Partners, have made the cut in the deal estimated at aroun...

SKIET to build additional battery separator plants in Poland

SK Innovation Co.’s material business arm SK IE Technology Co. (SKIET) is set to construct two additional electric vehicle battery separator p...

SK reiterates rejection of LG’s hefty demand for battery dispute settlement

SK Innovation Co. again refused to accept LG Energy Solution Ltd.’s demand that SK pay a hefty amount of compensation for its involvement in a...

SK Holdings to empower directors to pick and oust CEO

South Korea's SK Holdings Co. will give outside directors more authority to get involved in the selection and dismissal of its chief executive and i...

LG Chem CEO vows stern action against SK in battery legal dispute

The chief executive of LG Chem Ltd. said on Thursday that the company will sternly deal with SK Innovation Co. in the battery technology trade secre...

SK Bioscience debuts strong, up 160% from IPO price

SK Bioscience Co., a spin-off from the vaccine division of SK Chemicals, posted a strong debut on Kospi on Mar. 18, closing at 169,000 won a share, ...

SK Holdings, China’s Geely launch $300 million future mobility fund

South Korea’s SK Holdings Co. and China’s leading carmaker Zhejiang Geely Holding Group Co. have launched a $300 million joint fund...

eBay Korea draws SK Tel, Shinsegae and MBK

The sale of eBay Korea Inc., the country's third-largest online shopping platform, has attracted preliminary bids from leading Korean companies incl...

Samsung, SK Hynix at crossroads, challenged by underdogs

South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are at a crossroads, challenged by smaller rivals such as Micron Te...

SK Lubricants draws Japan's refiner Enoes, three PEFs

Japan's biggest refiner Enoes Corp. is one of the four final bidders for a minority stake in South Korea's SK Lubricants Co., wholly owned by SK Inn...

SK Hynix's Intel NAND chip deal wins US regulatory approval

The US antitrust regulators have approved of SK Hynix Inc.'s $9 billion acquisition of Intel Corp.'s NAND memory chip business, also under review by...

SK Innovation board says no costly settlement with LG

SK Innovation Inc.’s board members on Thursday advised the South Korean electric vehicle battery maker not to pay hefty compensation for a set...

Affirma, EastBridge to invest $350 mn in SK's mobility venture

  Affirma Capital and South Korea-based EastBridge Partners will invest a combined 400 billion won ($350 million) in SK Telecom Co.'s mobility...

SK Bioscience IPO draws record-high demand from retail investors

South Korean vaccine maker SK Bioscience Co. has set a new record for initial public offering demand, raising around 63.6 trillion won ($56 billio...