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Scope
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Retail
Hanjin to open pop-up store for S.Korean fashion brand in LA
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Wednesday that it will hold a pop-up event to promote domestic e...
Apr 12, 2023 (Gmt+09:00)
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Batteries
LG Chem, Hanyang Univ. open industry-academic center for battery materials
South Korea's LG Chem Ltd. on Wednesday said it signed a memorandum of understanding with Hanyang University on industry-academic cooperation in bat...
Apr 12, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals wins Red Dot award for 2 devices
South Korea’s SK Biopharmaceuticals on Tuesday said two of its self-developed wearable devices won the main prize in the health care category ...
Apr 12, 2023 (Gmt+09:00)
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Central bank
BOK chief says tightening not over after rate freeze
South Korea’s central bank chief on Tuesday defied market views that the monetary authority may have ended its tightening campaign, citing gro...
Apr 11, 2023 (Gmt+09:00)
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Leadership & Management
LG tops in market cap gain, beating Samsung, SK, Hyundai Motor
The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...
Apr 10, 2023 (Gmt+09:00)
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Hydrogen economy
SK Energy opens S.Korea's first hydrogen charging station for large trucks
SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...
Apr 10, 2023 (Gmt+09:00)
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Food & Beverage
S. Korean food company Ottogi opens new research center
South Korean food company Ottogi Co. has announced on Friday the opening of the food safety science research institute at its Ottogi Research Center...
Apr 07, 2023 (Gmt+09:00)
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Carbon neutrality
SK, Samsung accelerate S.Korea’s CO2 capture biz growth
Samsung and SK, South Korea’s two largest conglomerates, are speeding up the growth in the carbon capture, utilization and storage (CCUS) busi...
Apr 07, 2023 (Gmt+09:00)
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Batteries
Korea's electric battery maker SK On predicts 'tangible results' from 2024
"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-won, CEO and executiv...
Apr 07, 2023 (Gmt+09:00)
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Venture capital
SK C&C partners with Storm Ventures to discover promising B2B startups
South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and c...
Apr 06, 2023 (Gmt+09:00)
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Food & Beverage
NongHyup opens office in Vietnam to strengthen K-food exports
South Korea's NongHyup, or the National Agricultural Cooperative Federation, announced on Wednesday that it has opened an office in Vietnam with pla...
Apr 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom's integrated tech links QCC networks
South Korea's SK Telecom Co. on Wednesday said it developed a technology that virtualizes and connects quantum cryptography and communication (QCC) ...
Apr 05, 2023 (Gmt+09:00)
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Food & Beverage
Mom's Touch signs franchise agreement with Mongolian firm
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Tuesday that it has signed a master franchise agreement with loca...
Apr 04, 2023 (Gmt+09:00)
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The KED View
Time for South Korea's answer to the US battery subsidy act
The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...
Apr 04, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix to raise $1.5 bn in exchangeable bonds
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Monday it would raise $1.5 billion through exchangeable bonds (EBs) in a p...
Apr 03, 2023 (Gmt+09:00)
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ESG
SK Siltron joins UNGC to strengthen ESG management
South Korean silicon wafer maker SK Siltron Co. announced on Monday that it has joined the United Nations Global Compact (UNGC) to strengthen its en...
Apr 03, 2023 (Gmt+09:00)
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Advertising & Marketing
Innocean's subsidiary D&G opens Brooklyn office
Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Monday that it has opened a Brooklyn office of creative subsidiary David...
Apr 03, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea’s Shinsegae, KOTRA to help domestic fashion firms for export
Shinsegae Department Store revealed on Friday that they will collaborate with the Korea Trade-Investment Promotion Agency (KOTRA) to assist domestic...
Mar 31, 2023 (Gmt+09:00)
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Steel
Korean Dongkuk opens 2nd Mexican color-coated steel plant
Dongkuk Steel Mill Co. opened its second color-coated steel plant in Mexico as South Korea’s third-largest steelmaker aims to expand its prese...
Mar 31, 2023 (Gmt+09:00)
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IPOs
SK Innovation may give shareholders SK On shares at IPO
SK Innovation Co. is set to consider providing stocks of its electric vehicle battery subsidiary to its shareholders when SK On Co., the world&rsquo...
Mar 30, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix unsure about applying for US chip subsidies: CEO
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Wednesday it is unsure about applying for US...
Mar 29, 2023 (Gmt+09:00)
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Carbon neutrality
SK Ecoplant partners with Aents for carbon emission management solution
South Korea's SK Ecoplant Co. on Wednesday said that it has entered a business agreement with Aents Inc., a company specializing in carbon accountin...
Mar 29, 2023 (Gmt+09:00)
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Companies
Doosan Group opens museum on its corporate history
South Korea's Doosan Group on Tuesday opened Doosan Heritage 1896, a museum displaying 127 years of the conglomerate's history, at Doosan Tower in t...
Mar 29, 2023 (Gmt+09:00)
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Blockchain
Korea's Mirae Asset, SK Telecom tie up for security token ecosystem
Mirae Asset Securities Co. and SK Telecom Co., South Korea’s top brokerage house and mobile carrier, are set to join hands to establish an eco...
Mar 28, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix asked to swallow tough pill over US CHIPS Act
WASHINGTON, D.C. – South Korean chipmakers on Tuesday expressed deep concerns about the detailed guidelines of the US CHIPS and Science ...
Mar 28, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK seek dialogue with China at Boao Forum
BEIJING – The Boao Forum for Asia (BFA) is expected to serve as a venue for the world’s two largest memory chipmakers -- Samsung Electro...
Mar 28, 2023 (Gmt+09:00)
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Chemical Industry
S.Korea's SK Chemicals launches recycled fiber fabrics
South Korea's SK Chemicals has launched recycled fiber fabrics developed jointly with Art Impact and Project 1907, eco-friendly social enterprises, ...
Mar 27, 2023 (Gmt+09:00)
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Energy
SK Energy wins first place in K-BPI gas station sector in Korea
SK Energy, an energy and petrochemical unit of South Korea's SK Group, has won first place for 17 consecutive years in the gas station sector of the...
Mar 27, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea's Amorepacific opens new space in metaverse
Amidst the accelerated entry of fashion and beauty brands into the metaverse to seize future opportunities, Amorepacific Corp. has also joined the b...
Mar 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Korea Univ. open internship to develop future talent
South Korea's HD Hyundai Co. and Korea University will jointly develop next-generation personnel to lead core business lines of the future.Chung Ki-...
Mar 24, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 2 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 3 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 4 S.Korea eases path for foreign REITs in senior housing push
- 5 Koramco targets $7 bn bets on Korea data centers