MBK 2022 performance
Scope
Date
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Electronics
LG Electronics unveils 2024 QNED TV
LG Electronics Inc. announced on Thursday that it will unveil the 2024 QNED TV (Quantum nano-emitting diode) equipped with the artificial intelligen...
Dec 28, 2023 (Gmt+09:00)
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Central bank
South Koreans expect inflation to slow, relief to BOK’s hawkish stance
South Koreans expect inflation to slow over the next 12 months, providing relief to the central bank’s hawkish stance that policy rates should...
Dec 27, 2023 (Gmt+09:00)
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Electronics
Samsung to release Galaxy Book3 Go 5G laptop
Samsung Electronics Co. will release the Galaxy Book3 Go 5G laptop, which supports 5G networks on Jan. 2. Next year.The device features a 14-inch LC...
Dec 27, 2023 (Gmt+09:00)
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Leadership & Management
Hankook vows to prevent hostile bids after MBK tender offer fails
Hankook & Company Co., the holding company of South Korea’s largest tire maker Hankook Tire & Technology Co., said on Tuesday it will ...
Dec 26, 2023 (Gmt+09:00)
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Advertising & Marketing
HS Ad, Coupang to co-work for retail media advertising
South Korea’s HS Ad Inc. announced on Thursday that it will collaborate with the domestic e-commerce giant Coupang for data-based digital mark...
Dec 21, 2023 (Gmt+09:00)
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Leadership & Management
MBK raises Hankook bid price, asks FSS to probe Cho's stock purchase
The sibling rivalry for control of Hankook & Company Co., the holding firm of South Korea’s largest tire maker Hankook Tire & Techno...
Dec 15, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to release Galaxy Book4 laptop series in January
Samsung Electronics Co. will release its laptop lineup Galaxy Book4 series on Jan. 2, 2024, with a new intelligent processor for high performance an...
Dec 15, 2023 (Gmt+09:00)
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Leadership & Management
Hankook prepared to defend MBK Partners’ takeover bid: Chairman Cho
Cho Hyun-bum, chairman of Hankook & Company Co., the holding firm of South Korea’s top tire maker Hankook Tire & Technology Co., said ...
Dec 14, 2023 (Gmt+09:00)
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Korean games
NCSOFT included in DJSI Asia Pacific Index
South Korea’s major game developer and publisher NCSOFT Corp. announced on Thursday that it was listed on the Dow Jones Sustainability Asia/...
Dec 14, 2023 (Gmt+09:00)
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Leadership & Management
Cho Yang-rai to fight back in MBK Partners’ bid to acquire Hankook Tire
Cho Yang-rai, honorary chairman of Hankook & Company Co., has vowed to fight MBK Partners Ltd.’s bid to take over the holding company of S...
Dec 12, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia support Korean exports hit by weak chip sales
Two affiliates of Hyundai Motor Group, the world’s third-largest automaker by sales, ranked as the top South Korean exporters in the one-year ...
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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Sovereign wealth funds
KIC recoups 40% of 2022’s loss on stock, bond gains
Korea Investment Corp. (KIC) posted a 7.12% return on total asset investments in the first eight months of this year, recouping about 40% of last ye...
Nov 29, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean wins $125.5 mn order for VLAC
South Korea's Hanwha Ocean Co. announced on Monday that it secured an order for one very large ammonia carrier (VLAC) from a shipowner in Oceania fo...
Nov 27, 2023 (Gmt+09:00)
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Economy
S.Korea’s semiconductor exports rebound in 1st 10 days of November
South Korea’s semiconductor exports rose in the first 10 days of November, reversing their 13-month downward trend, data show, raising the pro...
Nov 13, 2023 (Gmt+09:00)
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Earnings
Korean tire makers post double-digit Q3 profit margins; outlook bright
South Korea’s three leading tire makers posted their highest-ever quarterly profit margins in the third quarter, boosted by tire price hikes, ...
Nov 06, 2023 (Gmt+09:00)
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Electronics
LG Elec to open heat pump research laboratory in Alaska
LG Electronics Inc. plans to open LG Advanced Cold Climate Heat Pump Laboratory in Alaska, the US for the development of heating, ventilation, &...
Nov 06, 2023 (Gmt+09:00)
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Earnings
Hyundai Motor Group units’ profits double as Chung enters 4th year
South Korea’s Hyundai Motor Group saw the combined operating profit of its 11 affiliates more than double in the third quarter as Chairman Chu...
Nov 02, 2023 (Gmt+09:00)
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Economy
Korea exports snap year-long slide as chips regain momentum
South Korean exports rose in October for the first time in 13 months as semiconductors, the country’s top export item, are on course to regain...
Nov 01, 2023 (Gmt+09:00)
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Batteries
LG Chem, LX Hausys develop material delaying battery thermal runaway
South Korea’s LG Chem Ltd. and its spinoff LX Hausys Ltd. have jointly developed a material that delays the thermal runaway of electric vehicl...
Oct 27, 2023 (Gmt+09:00)
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Earnings
Kia’s Q3 profit soars; groupwide design centers revamped
Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...
Oct 27, 2023 (Gmt+09:00)
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Advertising & Marketing
Innocean to invest $370 million in new growth drivers
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, will invest 500 billion won ($370 million) for four years u...
Oct 27, 2023 (Gmt+09:00)
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Bio & Pharma
NKMax to perform first tests on dementia cell therapy in US
NKMax Co., South Korea's largest developer of natural killer (NK) cell therapies, will conduct its first clinical trials in the US for its candidate...
Oct 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia aim for 20% share in Middle East with EVs by 2030
Hyundai Motor Co. and its sibling Kia Corp. together target selling 550,000 cars annually in the Middle East by 2030 to control about 20% of the reg...
Oct 20, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung unveils next-generation flagship mobile processor
SAN JOSE, California -- Samsung Electronics Co., the world’s top memory chipmaker, on Thursday unveiled the Exynos 2400, a new premium mobile ...
Oct 06, 2023 (Gmt+09:00)
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Economy
Korea expects inflation to ease from Oct after 5-month high
South Korea predicted headline inflation to ease from October after hitting a five-month high last month, adding to expectations that the central ba...
Oct 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean, ABS to join forces for LCO2 carrier study
South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the shipping industry to bui...
Sep 21, 2023 (Gmt+09:00)
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Korean chipmakers
HBM chips key theme for Samsung Nov investors forum
Samsung Electronics Co. will hold an investors forum in Hong Kong in November, where it is expected to share details about the development of high b...
Sep 15, 2023 (Gmt+09:00)
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Sports
S.Korea's golf industry market exceeds $15 bn in value: report
The value of South Korea's golf industry market last year exceeded 20 trillion won ($15 billion).A report by the Daejeon-based Yuwon Golf Foundation...
Sep 14, 2023 (Gmt+09:00)
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Korean chipmakers
HBM market to nearly double; next-gen DRAM to revive demand: KIW
SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...
Sep 11, 2023 (Gmt+09:00)