Global Sae-A Group
Scope
Date
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Korean chipmakers
Chip cycle hits rock bottom but uncertainty lingers: Chey
The global semiconductor market has hit "rock bottom" but uncertainties remain high amid growing protectionism and lingering concerns about China&rs...
Dec 19, 2023 (Gmt+09:00)
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Cryptocurrencies
Netmarble's Marblex listed on Bitget
Marblex, a blockchain subsidiary of South Korean game developer Netmarble Corp., announced on Tuesday that it has listed its MBX token on the global...
Dec 19, 2023 (Gmt+09:00)
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Machinery
Daedong wins $268 mn tractor order from Aral Group
South Korea’s No. 1 agricultural machinery maker Daedong Corp. announced on Tuesday that it signed a deal with Türkiye's Aral Group to ...
Dec 19, 2023 (Gmt+09:00)
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Automobiles
Elantra, Tucson selected among safest cars by IIHS
Hyundai Motor Co.'s passenger car Avante (name in the US: Elantra) and compact sport utility vehicle (SUV) Tucson earned the Top Safety Pick Plus ...
Dec 19, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, Thales jointly strengthen 5G security
South Korea's SK Telecom Co. announced on Tuesday that it collaborated with global data security company Thales for 5G security.According to the com...
Dec 19, 2023 (Gmt+09:00)
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Hydrogen economy
SK E&S to strengthen Korea's liquid hydrogen ecosystem
SK E&S Co., an energy unit of South Korean conglomerate SK Group, will cooperate with domestic firms to strengthen the country’s liquid hy...
Dec 18, 2023 (Gmt+09:00)
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Chemical Industry
Samyang buys specialty chemical maker Verdant for $257 mn
Samyang Specialty Solutions LLC, a leading chemical and food products maker in South Korea, has entered into an agreement to wholly acquire Texas-ba...
Dec 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
New Samsung, LG laptops drive industry shift toward on-device AI
Samsung Electronics Co. and LG Electronics Inc. are unveiling new artificial intelligence-powered laptops next month, joining an industry move to in...
Dec 17, 2023 (Gmt+09:00)
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Webtoons
Naver Webtoon to enhance global biz with new exec for US IPO
Naver Webtoon Ltd., the world’s top digital comics provider, aims to ramp up its global business with the appointment of a new executive ahead...
Dec 15, 2023 (Gmt+09:00)
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Food & Beverage
Fried chicken chain bhc to enter Thailand in 2024
South Korea’s No. 2 fried chicken brand bhc Group announced on Thursday that it signed a master franchise agreement with Thailand’s Me...
Dec 14, 2023 (Gmt+09:00)
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Leadership & Management
Booyoung Group donates 600 buses to Laos
South Korea’s Booyoung Group donated 600 buses to Laos. According to the group on Thursday, the Chairman of Booyoung Group Lee Joong-Keun, an...
Dec 14, 2023 (Gmt+09:00)
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Fintech
Line Next attracts $140 mn to globally expand NFT platform
Line Next Corp., a digital asset affiliate of South Korean online portal giant Naver Corp., has attracted $140 million in a funding round led by Cre...
Dec 14, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor Group to be named NACTOY 2024
Hyundai Motor Group confirmed its victory in the utility vehicle category of "North American Car, Truck and Utility Vehicle (NACTOY) of the Year 202...
Dec 13, 2023 (Gmt+09:00)
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Economy
S.Korea’s labor gains slow in November with fewer jobs for young people
South Korea’s nonfarm payroll growth slowed in November after the country with the world’s lowest fertility rate marked its 13th straigh...
Dec 13, 2023 (Gmt+09:00)
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Machinery
Saudi Arabia partners with Korea's LS to spur non-petrochem sectors
South Korean conglomerate LS Group and the government of Saudi Arabia will jointly seek business opportunities in a number of non-petrochemical sect...
Dec 12, 2023 (Gmt+09:00)
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Entertainment
HYBE ranks fifth in global tour revenue in 2023
The global tour revenue of HYBE Co., home to BTS and Seventeen, reached 250 billion won ($190 million) over the year.According to Hybe on Tuesday, t...
Dec 12, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Mirae Asset acquires Indian brokerage firm Sharekhan for $360 million
South Korea’s leading asset manager Mirae Asset Financial Group has acquired Sharekhan Ltd., India’s 10th-largest brokerage firm, to enh...
Dec 12, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s GC Cell targets global cell therapy CDMO business
GC Cell Corp., an affiliate of South Korea’s major pharmaceutical company GC Biopharma Corp., is targeting the cell therapy contract developme...
Dec 12, 2023 (Gmt+09:00)
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Earnings
POSCO International foresees record-high profits for 2023
POSCO International Corp., a South Korean general trading and energy exploration company, is expected to post its highest-ever profits this year tha...
Dec 10, 2023 (Gmt+09:00)
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Bio & Pharma
LegoChem Bio mulls name change after defeat to Lego
South Korean biopharmaceutical company LegoChem Biosciences Inc. is seeking to change its name after it lost in a trademark infringement lawsuit fil...
Dec 08, 2023 (Gmt+09:00)
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Automobiles
New 2024 E-Class soon to arrive in Korea, land of Mercedes-Benz
As with the launch of every new E-Class, the flagship model of luxury German car brand Mercedes-Benz, the phrase “evolution, not revolution&rd...
Dec 08, 2023 (Gmt+09:00)
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Electronics
LG Elec joins governing body of SOAFEE
LG Electronics Inc. announced on Thursday that it became the ninth member of the governing body of the Scalable Open Architecture for Embedded Edge ...
Dec 07, 2023 (Gmt+09:00)
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Executive reshuffles
Lotte Group’s 3rd-generation son comes to the fore
Shin Yoo-yeol, the eldest son of Lotte Group Chairman Shin Dong-Bin, was promoted to lead the group’s new division to be launched within its h...
Dec 06, 2023 (Gmt+09:00)
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Banking & Finance
Korean banks enjoy robust earnings in Asian emerging markets
Four major banks in South Korea are enjoying healthy earnings from overseas businesses, particularly in Asian emerging markets.KEB Hana Bank posted ...
Dec 05, 2023 (Gmt+09:00)
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Bio & Pharma
Hanwha to re-enter biopharma market, targeting biomaterials
South Korea’s Hanwha Group will re-enter the biopharmaceutical market to become the country’s sole producer of tris buffers, a key reage...
Dec 05, 2023 (Gmt+09:00)
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Korean chipmakers
Global NAND chip sales up in Q3 amid Samsung output cut
Global sales of NAND flash chips slightly grew in the third quarter as industry leaders such as Samsung Electronics Co. cut output, a report showed ...
Dec 05, 2023 (Gmt+09:00)
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Leadership & Management
Sibling rivalry for Hankook Tire control takes new turn as MBK steps in
The sibling rivalry for management control of Hankook Tire & Technology Co., South Korea’s top tire maker, has taken another turn as the e...
Dec 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis builds new electrification research center
South Korea’s Hyundai Mobis announced on Tuesday that it opened the Electrification Research Center in Euiwang, Gyeonggi Province, South Korea...
Dec 05, 2023 (Gmt+09:00)
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Executive reshuffles
SK Chair Chey calls on cousin for help in group management
SK Group Chairman Chey Tae-won has called on his cousin to help in the management of South Korea’s No. 2 conglomerate as it faces the challeng...
Dec 05, 2023 (Gmt+09:00)
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Fashion
Hyungji, Dishang Group to co-work for market development
South Korea’s Fashion Group Hyungji and China’s largest clothing exporter Dishang Group signed a memorandum of understanding (MOU) to te...
Dec 05, 2023 (Gmt+09:00)