META Technology 2.0
Scope
Date
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Electric vehicles
Hyundai set for revamped hydrogen-powered NEXO launch in Q2 2025
South Korea’s top automaker Hyundai Motor Co. plans to introduce a next-generation model of its hydrogen fuel cell electric vehicle (FCEV) NEX...
May 06, 2024 (Gmt+09:00)
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Korean stock market
Kospi 200 firms' values sharply below MSCI developed market rivals
South Korea’s listed firms are undervalued compared with companies in public markets of developed and emerging countries, according to the Kor...
May 03, 2024 (Gmt+09:00)
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Upcoming IPOs
Overhang concerns loom over HD Hyundai Marine IPO shares
Concerns are growing that South Korea’s main stock bourse could be inundated with a huge number of HD Hyundai Marine Solution Co. shares next ...
May 03, 2024 (Gmt+09:00)
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Economy
OECD sharply revises up S.Korea GDP forecast after strong Q1
The Organisation for Economic Co-operation and Development (OECD) forecasts South Korea’s economy to expand at a faster pace than it previousl...
May 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia US car sales dip in April; EVs outperform
Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...
May 02, 2024 (Gmt+09:00)
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Petrochemicals
HD Hyundai Oilbank to supply ultra-low sulfur diesel to Guam
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, announced on Wednesday that it secured a contract to supply 7.2 million ...
May 02, 2024 (Gmt+09:00)
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Healthcare
Korea’s booming medical tourism: Skin care, plastic surgery in demand
The number of foreign patients visiting South Korea for medical tourism hit a record high last year, driven by those who traveled to Korea for skin ...
Apr 29, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung's Jay Y. Lee visits Zeiss to reinforce EUV ties
Samsung Electronics Co. is deepening ties with Zeiss Group, the sole provider of optical systems to the world’s only extreme ultraviolet (EUV)...
Apr 28, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM enhances maritime safety with AI technology
HMM Co., South Korea’s leading sea carrier, announced on Friday its adoption of an advanced AI image analysis solution 'Deep Eyes', aimed at b...
Apr 26, 2024 (Gmt+09:00)
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Airlines
MBK, Air Premia team up for Asiana’s cargo unit; Jeju Air exits
South Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asiana Airlines Inc.'s ...
Apr 25, 2024 (Gmt+09:00)
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Retail
KT&G faces $2 bn damages suit over heated tobacco invention
KT&G Corp., the world’s fifth-largest tobacco maker, is facing a $2 billion damages suit from a former employee who claimed the South Kore...
Apr 25, 2024 (Gmt+09:00)
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Korean startups
Bet on innovations with societal impact: Kakao Ventures CEO
In the past 10 years, Kim Ki-jun has been on the hunt for deep technology startups that will have a significant societal impact, and he will continu...
Apr 24, 2024 (Gmt+09:00)
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Korean stock market
Krafton shares sink as SK Square taps 2.2% block trade
Shares of Krafton Inc., South Korea’s gaming behemoth, lost about 8% on Tuesday on news that SK Square Co., an investment arm of the country&r...
Apr 23, 2024 (Gmt+09:00)
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Construction
HD Hyundai Infracore to participate in INTERMAT 2024
South Korea's HD Hyundai Infracore Co. announced on Monday that it will participate in INTERMAT 2024 which will be held from April 24 to 27 at Parc ...
Apr 22, 2024 (Gmt+09:00)
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Logistics
Korea's LX opens Hungary terminal for Europe EV, battery logistics
LX Pantos, one of the top logistics firms in South Korea, has launched a railway terminal in Hungary for the electric vehicle and battery logistics ...
Apr 21, 2024 (Gmt+09:00)
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Pension funds
NPS loses $1.2 bn in local stocks in Q1 on weak battery shares
South Korea’s National Pension Service (NPS), the world's third-largest pension fund, lost 1.66 trillion won ($1.2 billion) in domestic stock ...
Apr 21, 2024 (Gmt+09:00)
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Batteries
POSCO-Pilbara JV delivers 1st order of lithium hydroxide
South Korea’s top steel group POSCO has shipped lithium hydroxide, a rechargeable battery’s key raw material produced jointly with Austr...
Apr 19, 2024 (Gmt+09:00)
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Corporate strategy
SK Innovation to adjust business portfolios for long-term growth
SK Innovation Co., South Korea’s top energy company, is slated to adjust its business portfolios for long-term growth while not planning to sl...
Apr 17, 2024 (Gmt+09:00)
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Corporate bonds
LH issues $193 mn Brazilian bonds
Korea Land & Housing Corporation (LH) announced on Tuesday that it had issued Brazilian real-denominated bonds worth approximately 270 billion w...
Apr 16, 2024 (Gmt+09:00)
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E-commerce
Coupang to raise membership fees, 1st hike in over 2 years
Coupang Inc., South Korea’s largest e-commerce platform, said on Friday it will raise membership fees 58.1% to 7,890 won ($5.7) per month as i...
Apr 12, 2024 (Gmt+09:00)
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Aerospace & Defense
Korea’s HD Hyundai ties up with GE, L3Harris for warship exports
South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. is joining hands with major US defense technology firms to expand its presence i...
Apr 11, 2024 (Gmt+09:00)
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Automobiles
Kumho Tire to supply premium tires to Jeep, Peugeot in Korea
Kumho Tire Co., South Korea’s No. 2 tire maker, announced on Tuesday that it will supply tires to 33 official service centers nationwide for J...
Apr 09, 2024 (Gmt+09:00)
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Markets
Samsung heiress sells $326 mn worth of Samsung Elec shares
Samsung Group heiress and Hotel Shilla Chief Executive Lee Boo-jin sold 441.2 billion won ($325.9 million) worth of Samsung Electronics Co. shares i...
Apr 09, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s LG telecom unit unveils AI agent with own technology
LG Uplus Corp., South Korea’s No. 3 mobile carrier, has introduced an artificial intelligence agent platform based on its own ixi AI technolog...
Apr 08, 2024 (Gmt+09:00)
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Artificial intelligence
Ably launches virtual fitting AI service
South Korean fashion commerce platform Ably Corp. announced on Friday that it launched a new service The Shopping Mall-Specific Artificial Intellige...
Apr 05, 2024 (Gmt+09:00)
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Construction & Planning
Samsung, GS win $7.2 bn gas plant project in Saudi
South Korea’s Samsung Engineering (new name: Samsung E&A) and GS Engineering & Construction Corp. (GS E&C) won a $7.2 billion co...
Apr 03, 2024 (Gmt+09:00)
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Economy
Korea’s rate cut hope wanes with inflation above 3% in March
South Korea’s headline inflation stayed above 3% for two straight months in March on a surge in fruit and vegetable prices coupled with higher...
Apr 02, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix, TEMC develop industry’s first neon gas recycling technology
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., and its South Korean partner TEMC Co., have jointly ...
Apr 01, 2024 (Gmt+09:00)
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Korean startups
Money pours in for technology to reshape Korean restaurants
Investors are betting big on food service technology startups in South Korea as the adoption of self-service systems in the country’s food and...
Apr 01, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Korea’s HD KSOE, Infineon team up for ship electrification
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) joined hands with German chipmaker Infineon ...
Mar 29, 2024 (Gmt+09:00)
Latest News
- 1 Bird flu in Brazil hikes wholesale chicken prices in Korea
- 2 Vietnam, gateway for SK Group’s global renewable energy push
- 3 Hanwha Philly Shipyard to localize LNG builds, expand capacity
- 4 Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million
- 5 Bid heats up for IGIS-owned co-living building in Seoul