SK On bolsters M&A team with new executive hires
SK On Co., an electric vehicle battery maker of SK Innovation Co., is bolstering its M&A team by hiring M&A experts from a leading law firm ...
Startup accelerator D.Camp opens Busan office
For the first time, South Korea’s startup accelerator D.Camp has opened an office in the port city of Busan. The joint effort between D...
SK Hynix board strengthens role for greater say
SK Hynix Inc.’s board of directors is actively involved in the South Korean chipmaker’s management from the stages of strategy formulati...
SK Square taps NPS PE expert as global investment head
South Korea’s investment firm SK Square Co. announced on Thursday that it has chosen Harvey Hakjin Bae, a former alternative investment expert...
SK On to build $2.3 bn EV battery plant for Hyundai in US
SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, plans to build a new US factory to supply batteries to a planned E...
KKR to buy SK’s gas production facility for more than $785 mn
KKR & Co., a global private equity firm, is set to buy South Korean conglomerate SK Group’s industrial gas production facility at slightly...
South Koreans turned off by luxury fashion houses’ price hikes
A Cartier boutique inside a department store in Seoul’s posh Gangnam District was unusually slow on Tuesday. The quiet ambience was in sh...
SK E&S invests $110 million in world’s largest carbon capture project
SK E&S Co., the natural gas business unit of South Korea’s SK Group, is investing $110 million for a 10% stake in Summit Carbon Solutions ...
Korea losing ground in semiconductor talent development
South Korea, home to the world’s top two memory chipmakers, is losing ground for talent development in the semiconductor sector as fewer profe...
SK Telecom to launch metaverse platform in Europe
South Korea’s top mobile carrier SK Telecom Co. and its spin-off investment firm SK Square Co. joined hands with Europe’s largest teleco...
SKT, SK Square invests $40 mn in Korea metaverse game firm
South Korea’s top mobile carrier SK Telecom Co. and its spin-off SK Square Co. have together invested 50 billion won ($40 million) into a loca...
Samsung, SK Hynix scramble for talent amid a lack government support
Samsung Electronics Co. and SK Hynix Inc., the world’s top memory chipmakers, are scrambling for semiconductor manpower in South Korea as the ...
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
South Korean leading security services provider SK Shieldus Co. has scrapped its plan to go public this month. Its bookbuilding gained tepid investo...
Kakao CEO vows messenger app reform as Q1 misses forecasts
South Korea’s leading online platform operator Kakao Corp. plans to drastically change the way KakaoTalk, the country’s top mobile messe...
Lotte Duty Free to open downtown store in Sydney
South Korea's Lotte Duty Free Co. is slated to open a downtown store in Sydney on May 5, after Australia reopened its international borders to forei...
Samsung wins US 5G equipment order from Dish Network
Samsung Electronics Co. has been chosen to supply 5G network equipment to Dish Network Corp., a US wireless carrier in the middle of building a 5G n...
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 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 Group, which has SK Inc. as its holding company, is now South Korea’s second-largest conglomerate by asset size – replacing automotiv...
NH Investment opens London affiliate to ramp up global IB business
NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house announced on April 27. ...
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 Group, South Korea’s third-largest conglomerate, has geared up its electric vehicle chip business development with the acquisition of a loc...
Hyundai opens world's first UAM takeoff, landing area in UK
South Korea's Hyundai Motor Group has opened the world's first urban air mobility (UAM) takeoff and landing area in central England.Supernal LLC, Hy...
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
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
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
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
South Korea’s SK Earthon Co., an energy and petroleum unit of SK Innovation Co., and Malaysia's Petroleum Sarawak Exploration & Production...
Hyundai Rotem to kick off liquid hydrogen fueling station project
Hyundai Rotem Co., a South Korea’s railway system maker under Hyundai Motor Group, said on Friday that it has won a demonstration project to b...
