SK Group restructuring
Scope
Date
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Carbon neutrality
SK E&S' low-carbon LNG project enjoys tailwind in Australia
DARWIN, Australia -- Darwin, Australia's northernmost port city, lies at the crossroads of the Pacific and Indian Oceans. With a tropical climate of...
Aug 21, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix provides samples of best-performing HBM3E chip to Nvidia
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Monday it has developed HBM3E, the industry&...
Aug 21, 2023 (Gmt+09:00)
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Energy
Team Korea lands $447 mn solar power project in US
A group of six South Korean companies dubbed "Team Korea," which comprises private companies such as SK Ecoplant, public companies and a government ...
Aug 21, 2023 (Gmt+09:00)
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Mergers & Acquisitions
LX Group may bid for container line HMM in four-way race
South Korea’s logistics-to-trading conglomerate LX Group is expected to join the race for the country’s No. 1 shipping company HMM Co. i...
Aug 18, 2023 (Gmt+09:00)
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Batteries
EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada
EcoPro BM Co., South Korea’s leading battery material producer, will invest $886 million jointly with SK On Co. and Ford Motor Co. to build a ...
Aug 18, 2023 (Gmt+09:00)
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Blockchain
SK Telecom expands its Web3 ecosystem
South Korea's SK Telecom Co. has joined hands with Polygon Labs, a New York-based global blockchain company, to expand its Web3 ecosystem.Both compa...
Aug 18, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharm to export epilepsy drug tech to Middle Eastern firm
South Korea's SK Biopharmaceuticals announced on Friday a strategic tie-up with Hikma MENA FZE, marking the introduction of its new epilepsy medicat...
Aug 18, 2023 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco gears up for big leap in advanced biotherapies
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), is upping the ante in its b...
Aug 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom develops 5G IoT tech RedCap
South Korea's SK Telecom Co. unveiled on Thursday that it has successfully developed and tested Reduced Capability (RedCap) - a pioneering 5G Intern...
Aug 17, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom to host global AI hackathon in Seoul with OpenAI
South Korea's SK Telecom Co. will hold next month an artificial intelligence contest with OpenAI, the American information and communications techno...
Aug 17, 2023 (Gmt+09:00)
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Batteries
SK On to expand domestic battery cell plant for $1.1 bn
SK On Co., a South Korean rechargeable battery maker, will make its largest-ever domestic facility investment of 1.5 trillion won ($1.1 billion) to ...
Aug 16, 2023 (Gmt+09:00)
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Retail
SK Telecom's T deal sees 81.5% transaction amount increase in H1
South Korea's SK Telecom Co. announced on Monday that the transaction volume of its artificial intelligence (AI)-curated text commerce T deal in the...
Aug 14, 2023 (Gmt+09:00)
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Retail
NewJeans selected as models for Hyundai Dept. Store Duty Free
South Korea's Hyundai Department Store Duty Free announced on Monday that it has newly appointed the five-member K-pop girl group NewJeans as models...
Aug 14, 2023 (Gmt+09:00)
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Travel & Leisure
Paradise City, Ctrip to jointly launch S.Korean travel packages
Paradise City, an integrated resort in Incheon, announced on Monday that it has partnered with China's largest online travel agency Ctrip to introdu...
Aug 14, 2023 (Gmt+09:00)
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Chemical Industry
SK Geo Centric, China’s Sinopec mark 10-year alliance
China-Korea Petrochemical, a joint venture (JV) between South Korea’s SK Geo Centric and the Chinese public oil company Sinopec, celebrates it...
Aug 14, 2023 (Gmt+09:00)
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Artificial intelligence
SK invests $100 mn in ChatGPT developer's rival Anthropic
South Korea’s SK Telecom Co. said on Sunday it has invested $100 million in the US startup Anthropic, a ChatGPT rival artificial intelligence ...
Aug 13, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha Group gears up for foray into aviation industry
South Korea’s chemicals-to-defense conglomerate Hanwha Group is preparing a bid for domestic low-cost carrier (LCC) Fly Gangwon under court pr...
Aug 11, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix ships DRAM with world’s largest capacity to Oppo
SK Hynix Inc., the world’s second-largest memory chipmaker, supplied DRAM chips with the industry’s largest capacity for mobile devices ...
Aug 11, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s LPDDR5T chip likely mounted on MediaTek’s Dimensity
SK Hynix Inc.'s latest mobile DRAM chip LPDDR5T is expected to be mounted on MediTek Co.’s next-generation mobile application processor (AP) c...
Aug 10, 2023 (Gmt+09:00)
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Retail
Korea’s tourism industry pins high hopes on return of Chinese big spenders
BEIJING – China’s official announcement to lift its ban on group tourists’ travel to South Korea will likely be a boon for the tra...
Aug 10, 2023 (Gmt+09:00)
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Batteries
S.Korea's SK C&C enters battery sector with DNA Motors
South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...
Aug 10, 2023 (Gmt+09:00)
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Shareholder value
SK Square to buy back $152 mn of its stocks by March 2024
South Korean investment firm SK Square Co. will buy back 200 billion won ($151.9 million) worth of corporate shares by March of next year as an effo...
Aug 09, 2023 (Gmt+09:00)
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Steel
POSCO changes brand slogan for first time in 23 years
POSCO Holdings Inc., the holding firm of South Korea’s largest steelmaker, on Wednesday announced a new brand slogan, “Green Tomorrow, w...
Aug 09, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience buys 6.5 million Novavax shares for $83.4 million
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, said on Wednesday it has signed a deal to buy 6.5 million shares in US vacc...
Aug 09, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix unveils another NAND to win chip stacking war
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., showcased its progress in the chip stacking technolo...
Aug 09, 2023 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco secures 12 global pharma clients, sets up US R&D center
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured 12 global pharm...
Aug 09, 2023 (Gmt+09:00)
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Earnings
SK Telecom’s transition into AI company gains traction
SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...
Aug 08, 2023 (Gmt+09:00)
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Fashion
Korean swimwear Barrel posts profit in post-pandemic surfing boom
South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...
Aug 08, 2023 (Gmt+09:00)
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Business & Politics
Bullet maker Poongsan chief Ryu’s new role: Korea’s top business lobbyist
Jin Roy Ryu, chairman of South Korea’s leading copper smelter and defense equipment maker Poongsan Corp., has been chosen to lead the ...
Aug 07, 2023 (Gmt+09:00)
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Batteries
SK Nexilis to sell copper foil to German battery maker Varta
South Korea’s SK Nexilis Co. is set to supply copper foil, core materials for electric vehicle cells, to German battery maker Varta AG, expand...
Aug 07, 2023 (Gmt+09:00)