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Economy
Semiconductor export recovery powers S.Koreans’ income in Q3
A recovery in semiconductor exports led an increase in South Koreans’ income in the third quarter, although the earnings growth momentum may n...
Dec 06, 2023 (Gmt+09:00)
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Business & Politics
SK’s Chey proposes South Korea-Japan economic bloc akin to EU
WASHINGTON, D.C. – South Korea and its closest neighbor Japan need to form an economic coalition, similar to the European Union (EU), to meet ...
Dec 06, 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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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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Energy
KHNP to promote i-SMR in Indonesia, Jordan
Korea Hydro and Nuclear Power Co. (KHNP) is promoting the introduction of innovative small modular reactors (i-SMR) in Indonesia and Jordan.KHNP ann...
Dec 04, 2023 (Gmt+09:00)
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Korean stock market
Chipmakers Samsung, SK Hynix among foreigners’ top picks in Korea
South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., were among foreign investors’ top picks on the country&...
Dec 04, 2023 (Gmt+09:00)
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Energy
Orsted wins 1.6 GW offshore wind power license from Korea
Danish energy company Orsted has secured exclusive rights to build South Korea’s largest offshore wind power complex in a project estimated at...
Dec 01, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix expect high 2024 profits as memory market returns
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, expect to post decent chip profits next year as DRAM pri...
Nov 30, 2023 (Gmt+09:00)
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E-commerce
SK gives up e-commerce platform management
SK Group, South Korea's No. 2 conglomerate, gave up its online retail platform 11Street Co. as financial investors are now able to sell off their st...
Nov 29, 2023 (Gmt+09:00)
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Entertainment
CJ ENM, SK Square to merge OTTs to take on Netflix
CJ ENM Co., South Korea’s entertainment powerhouse, and SK Square Co., an investment unit of the country’s No. 2 conglomerate SK Group, ...
Nov 29, 2023 (Gmt+09:00)
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Energy
KHNP eyes Canada's nuclear energy project with ARC, NB Power
Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...
Nov 29, 2023 (Gmt+09:00)
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Blockchain
SK C&C to build Hana Securities STO system
South Korea's SK C&C announced on Tuesday that it will supply its blockchain service platform ChainZ Security Token (ChainZ ST) to build the sys...
Nov 28, 2023 (Gmt+09:00)
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Metaverse
SK Telecom to expand metaverse market in SE Asia
South Korea's SK Telecom Co. announced on Monday that it partnered with three IT companies in Southeast Asia to accelerate its metaverse market st...
Nov 27, 2023 (Gmt+09:00)
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Batteries
SK, Lotte cut copper foil output; to up Malaysia capacity
SK Nexilis Co. and Lotte Energy Materials Corp., South Korea’s two leading copper foil producers, have continued to reduce factory operation r...
Nov 27, 2023 (Gmt+09:00)
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Energy
Taihan Cable to bid for power distribution network in UK
South Korea's Taihan Cable & Solution Co. announced on Friday that it signed a memorandum of understanding (MOU) with the global infrastructure ...
Nov 24, 2023 (Gmt+09:00)
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Construction
HD Hyundai wins $72 mn power equipment order in Saudi
HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a...
Nov 24, 2023 (Gmt+09:00)
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Energy
SK Group to buy 537 GWh green power from SK E&S
South Korea’s second-largest conglomerate SK Group is accelerating its net zero transition with its affiliates agreeing to buy 537 gigawatts h...
Nov 24, 2023 (Gmt+09:00)
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Bio & Pharma
SK C&C to promote AI healthcare for brain diseases
South Korea's SK C&C announced on Thursday that it signed a strategic business agreement with Neurophet, a cloud-based AI platform for brain ima...
Nov 23, 2023 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco launches new viral vector platforms, key for CGT
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has recently introduced two...
Nov 22, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience to develop 2nd-generation Ebola vaccine
South Korea's SK Bioscience Co. announced on Wednesday that it signed a business agreement with the international non-profit research organization H...
Nov 22, 2023 (Gmt+09:00)
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Carbon neutrality
SK E&S partners with East Timor gov't on CCS project
South Korea's SK E&S announced on Wednesday that it signed a mutual cooperation partnership (MCP) with the East Timor Ministry of Petroleum and ...
Nov 22, 2023 (Gmt+09:00)
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Energy
SK Earthon starts shipping crude oil from South China Sea
SK Earthon Co., the resources development unit of South Korean energy major SK Innovation Co., said Wednesday that it has started shipping crude oil...
Nov 22, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to launch low-power, high-speed AI chips in 2024
Samsung Electronics Co. will launch low latency wide (LLW) DRAMs next year, designed to improve the power efficiency of artificial intelligence appl...
Nov 21, 2023 (Gmt+09:00)
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Economy
Semiconductors likely to lead Korea’s export growth for 2nd month
South Korea’s semiconductor exports accelerated their recovery in the first 20 days of November, data showed on Tuesday, adding to hopes that ...
Nov 21, 2023 (Gmt+09:00)
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Korean games
Faker’s T1 wins League of Legends global championship
South Korea’s video game team T1 led by local hero and professional player Lee “Faker” Sang-hyeok won the 2023 League of Legends W...
Nov 20, 2023 (Gmt+09:00)
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E-commerce
SK Square pauses talks with Qoo10 over 11Street deal
SK Square Co., an investment arm of South Korea’s No. 2 conglomerate SK Group, has suspended negotiations with Singapore-headquartered e-comme...
Nov 17, 2023 (Gmt+09:00)
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Aerospace & Defense
Hyundai Wia to defend against illegal drones
South Korea's second-largest automotive parts supplier Hyundai Wia Corp. plans to develop an anti-drone system (ADS) technology tailored to the uniq...
Nov 16, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharm gears up to boost epilepsy drug sales in Europe
SK Biopharmaceuticals Co. is gearing up to explore the European market for its flagship epilepsy drug Cenobamate, while looking for new mergers and ...
Nov 16, 2023 (Gmt+09:00)
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Energy
South Korea’s SK Earthon discovers crude oil offshore Vietnam
SK Earthon Co., the petroleum exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., said on Thursda...
Nov 16, 2023 (Gmt+09:00)