Gangwon Special Self-governing Province
Scope
Date
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Corporate governance
Activist fund steps up pressure for SM Ent's governance reform
Align Partners Capital Management, a South Korean activist fund, has threatened legal action against entertainment behemoth SM Entertainment Co., re...
Aug 18, 2022 (Gmt+09:00)
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Samsung Group
Samsung Group to speed up corporate governance reform
Samsung Group, South Korea’s largest conglomerate, is expected to accelerate the restructuring of its corporate governance to help Vice Chairm...
Aug 15, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Experts criticize Seoul's quantum computer development efforts
The United States: 4158. South Korea: 50These figures refer to the number of qubits in a quantum computer that each country seeks to develop by 2026...
Aug 12, 2022 (Gmt+09:00)
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Samsung Group
Samsung’s Lee reinstated; big moves in store for top conglomerate
Lee Jae-yong, Samsung Group’s de facto leader, on Friday had his right to work restored, paving the way for big moves for South Korea’s ...
Aug 12, 2022 (Gmt+09:00)
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Steel
Korea's SeAH joins hands with Saudi Aramco on special steel
South Korea’s steel conglomerate SeAH Group has tied up with Saudi Aramco, Saudi Arabia's energy giant, to accelerate its expansion in the Mid...
Aug 08, 2022 (Gmt+09:00)
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Automobiles
Hyundai Mobis steps up future mobility business
Hyundai Mobis Co., South Korea’s largest auto parts maker, is accelerating its future mobility businesses as well as intensifying open innovat...
Aug 04, 2022 (Gmt+09:00)
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Food & Beverage
Korean snack shares surge, Beijing halts baked goods imports from Taiwan
Shares of South Korean confectionery and packaged snack makers skyrocketed after the Chinese government announced its decision to temporarily halt t...
Aug 04, 2022 (Gmt+09:00)
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Future mobility
Korea to further lag China on self-driving cars
South Korea is expected to lag behind China further on autonomous vehicle technology as Shenzhen, the technology hub in Guangdong province, allowed ...
Aug 03, 2022 (Gmt+09:00)
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Future mobility
Hyundai Motor to buy Korean self-driving startup 42dot
South Korea’s top carmaker Hyundai Motor Group is set to purchase autonomous driving startup 42dot, intensifying the automaker’s competi...
Jul 29, 2022 (Gmt+09:00)
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Batteries
LG Energy, China’s Huayou Cobalt to build battery recycling joint venture
South Korea’s top battery maker LG Energy Solution Ltd. and China’s mining company Zhejiang Huayou Cobalt Co. have agreed to launch a ba...
Jul 26, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Daewoo Shipbuilding may split up to find new owners
South Korea is considering splitting Daewoo Shipbuilding & Marine Engineering Co. into two units to facilitate the sale of the debt-ridden shipb...
Jul 25, 2022 (Gmt+09:00)
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Automobiles
Korea's Hyundai Mobis bolsters its own chipmaking capabilities
Hyundai Mobis Co., South Korea’s largest auto parts maker, is aiming to produce the majority of its automotive semiconductors with its own tec...
Jul 22, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korea defense firms poised to ink $7.7 bn in deals with Poland
South Korea’s defense makers including Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI) and Hanwha Defense are poised to clinch 10 tri...
Jul 20, 2022 (Gmt+09:00)
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Corporate investment
Korea to raise cash support on foreign investments in key sectors
South Korea plans to spend more cash on attracting foreign investments in high-tech and core supply chain industries as foreign direct investment to...
Jul 18, 2022 (Gmt+09:00)
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Future mobility
Hyundai, Kia to launch Level 3 self-driving Genesis G90, EV9 in 2023
South Korea’s Hyundai Motor Group will launch its most-advanced Level 3 autonomous cars next year, starting with Hyundai Motor Co.'s flagship ...
Jul 15, 2022 (Gmt+09:00)
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Korean startups
South Korean startups team up with convenience stores for drone delivery
South Korean convenient stores are ramping up competition in the business of drone delivery. The initial target regions include the Seoul subur...
Jul 13, 2022 (Gmt+09:00)
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Future mobility
Hyundai’s US partner Aptiv invests in self-driving startup StradVision
Aptiv PLC, one of the world’s big three autonomous driving technology companies, has agreed to invest 50 billion won ($39 million) in StradVis...
Jun 29, 2022 (Gmt+09:00)
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Future mobility
SK Telecom expands system for self-driving in Seoul
SK Telecom Co., South Korea’s top mobile carrier, has expanded the area covered by the traffic control system for self-driving in Seoul, takin...
Jun 28, 2022 (Gmt+09:00)
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Energy
Petrochem firms to fuel plants with self-supplied power
South Korea’s petrochemical companies will build power plants for the first time in their history to meet their rising energy needs on a stabl...
Jun 23, 2022 (Gmt+09:00)
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Energy
Korea to reboot nuclear power sector with orders, aid
South Korea plans to rebuild the nuclear power plant industry hard hit by the previous government’s nuclear energy phasing-out policy by placi...
Jun 22, 2022 (Gmt+09:00)
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Korean chipmakers
Ex-Samsung exec says Korea chip sector needs more support
South Korea’s semiconductor sector needs more support from the government not only to compete against global rivals backed by their own govern...
Jun 22, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korea ushers in new space era with rocket launch success
GOHEUNG, South Korea -- South Korea opened a new space era as it succeeded in the launch of a homegrown space rocket carrying payloads to become the...
Jun 21, 2022 (Gmt+09:00)
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The Deep Dive
Why Korean chipmakers struggle with talent shortages
South Korean President Yoon Suk-yeol on Tuesday lashed out at Vice Education Minister Chang Sang-wan during a cabinet meeting, after Chang pointed t...
Jun 10, 2022 (Gmt+09:00)
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Automobiles
Startup tapped to lead S.Korea’s autonomous car security project
South Korea has embarked on a public-private project to bolster communication security for autonomous driving, for which a domestic startup will pla...
Jun 09, 2022 (Gmt+09:00)
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Future mobility
Why Samsung didn't join race for S.Korea's air taxi project
Samsung, a name seen everywhere in South Korea from apartment complexes to home appliances, is missing on the list of bidders for the country’...
Jun 02, 2022 (Gmt+09:00)
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Korean startups
Startup ministry taps 60 future unicorns for $240,000 assistance
The Ministry of SMEs and Startups announced Wednesday it has selected 60 promising startups to which it will provide financial assistance and expert...
Jun 02, 2022 (Gmt+09:00)
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Energy
S.Korea to bid for Saudi Arabia's $10 bn nuclear plant order
Saudi Arabia invited South Korea last week to join the bid for the construction of its first-ever nuclear power plants, worth over $10 billion, sour...
May 31, 2022 (Gmt+09:00)
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Future mobility
Four consortiums bid for Seoul’s flying car program
A total of four consortiums announced their bids for the government-run urban air mobility (UAM) program titled K-UAM Grand Challenge on Tuesday.&nb...
May 31, 2022 (Gmt+09:00)
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Aerospace & Defense
The lunar economy is here – Airbus Vice President Jaffart
Global aerospace juggernaut Airbus SE says we have already entered the lunar economy and the company is looking forward to soon collaborating on lun...
May 30, 2022 (Gmt+09:00)
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Electronics
Winia Electronics sharpens marketing efforts in Mexico
Winia Electronics Co., a medium-sized South Korean consumer electronics company, is the top microwave brand in Mexico. It is a little-known fact tha...
May 23, 2022 (Gmt+09:00)
Latest News
- 1 SK Earthon wins Australian CCS exploration permit
- 2 HD Hyundai secures Korea's hydrogen generator project
- 3 SGC E&C secures $189 mn petrochem facility project in Saudi Arabia
- 4 Hyundai Elevator joins forces with Kakao Mobility for integration services
- 5 Korean firms rush to sell bonds to lock in lower yields