SK South East Asia Investment
Scope
Date
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Batteries
SK, Hyundai Motor's US JV, named Georgia's Deal of Year
South Korea’s battery maker SK On and Hyundai Motor Group's joint battery project in Georgia, the US, was awarded the "Deal of the Year 2023 i...
Nov 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom verifies AI server liquid immersion cooling tech
South Korea's SK Telecom Co. announced on Tuesday that it has successfully verified the liquid immersion cooling technology, a next-generation Inter...
Nov 14, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI participates in Dubai Airshow 2023
Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, announced on Tuesday that it has participated in the "Duba...
Nov 14, 2023 (Gmt+09:00)
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The KED View
WeWork vs Starbucks as workspace in South Korea
In 2019, WeWork’s business model underwent a reality check.Its application for an initial public offering the same year was met with investor ...
Nov 14, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s new LPDDR5T chip shipped to Vivo for X100 smartphones
SK Hynix Inc. said on Monday it has commercialized the world’s fastest mobile DRAM by shipping its new advanced mobile chips, LPDDR5T, to Chin...
Nov 13, 2023 (Gmt+09:00)
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Batteries
STX to invest in lithium business in Peru, Brazil
South Korea’s trading company STX Corp. signed a tripartite agreement with local partners in Peru and Brazil to develop lithium mines and trad...
Nov 13, 2023 (Gmt+09:00)
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Corporate restructuring
SK Energy to spin off tank terminal business as new logistics firm
SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., is spinning off its crude oil storage and shipment business t...
Nov 13, 2023 (Gmt+09:00)
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Korean startups
SK-backed social impact startups see higher corporate values
South Korean social impact startups backed by the country’s second-largest conglomerate SK Group enjoyed higher corporate values with two of t...
Nov 10, 2023 (Gmt+09:00)
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Real estate
Mirae seeks sale of HK Goldin assets to recoup investment
Mirae Asset Securities Co., South Korea’s largest brokerage house, plans a public tender of assets held by debt-laden Goldin Financial Holding...
Nov 10, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharma’s Cenobamate US patent extended by 2032
South Korea's SK Biopharmaceuticals announced on Friday an extension of its US patent for the epilepsy treatment Cenobamate, now set to expire on Oc...
Nov 10, 2023 (Gmt+09:00)
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Food & Beverage
Spicy food craze sweeps South Korea
South Korea, famous for the spicy kick in its cuisine, is going the extra mile to turn the nation red hot with extremely spicy food, believed by Kor...
Nov 10, 2023 (Gmt+09:00)
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Retail
South Koreans, frugal at home, open wallets abroad
Consumer spending in South Korea has been on the decline this year amid few signs of a near-term recovery. But when it comes to overseas spending, i...
Nov 09, 2023 (Gmt+09:00)
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Economy
KDI cuts Korea growth forecasts, ups inflation predictions
A South Korean government think tank has cut its growth forecast in Asia’s fourth-largest economy for this year and next but raised inflation ...
Nov 09, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix bets on DRAM upturn with $7.6 bn spending; HBM in focus
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., is significantly increasing its capital spending on ...
Nov 09, 2023 (Gmt+09:00)
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Electric vehicles
POSCO Int’l to invest $519 mn in EV parts output expansion
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., plans to spend 680 billion won ($519....
Nov 09, 2023 (Gmt+09:00)
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Artificial intelligence
Naver opens Asia’s largest data center for AI, cloud biz
SEJONG – South Korea’s online giant Naver Corp. opened Asia’s largest data center in the country to lead technology innovation and...
Nov 08, 2023 (Gmt+09:00)
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Earnings
SK Telecom’s Q3 profit up on brisk data center, cloud sales
SK Telecom Co.'s third-quarter operating profit increased 7% on-year, becoming the only South Korean mobile carrier posting an on-year gain in profi...
Nov 08, 2023 (Gmt+09:00)
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Batteries
POSCO Holdings to secure lithium from oil-field brine in Canada
South Korea's POSCO Holdings Inc. announced on Wednesday it signed a memorandum of understanding (MOU) with Invest Alberta Corporation (IAC) in Seou...
Nov 08, 2023 (Gmt+09:00)
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Machinery
Doosan Bobcat to build new factory in Mexico
Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday it plans...
Nov 08, 2023 (Gmt+09:00)
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Food & Beverage
K-chicken chain BB.Q opens fourth restaurant in Philippines
South Korea’s leading fried chicken franchise BB.Q Chicken announced on Wednesday it opened its fourth restaurant at The Shops in Manila, th...
Nov 08, 2023 (Gmt+09:00)
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Alternative investments
Mirae Asset hit by ex-asset manager's misconduct
Mirae Asset Securities Co., South Korea’s largest brokerage firm, found in June that a senior manager at its alternative investment division h...
Nov 07, 2023 (Gmt+09:00)
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Batteries
LG Energy, SK On to delay battery JVs with Ford as demand slows
South Korea’s leading battery makers are postponing their plans to start operations of their joint ventures with Ford Motor Co. as the growth ...
Nov 07, 2023 (Gmt+09:00)
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Hydrogen economy
SK E&S, K-water to jointly develop homegrown green hydrogen facilities
South Korea's SK E&S announced on Tuesday it signed a memorandum of understanding (MOU) with Plug Power, K-water, and SK Plug Hyverse to expand ...
Nov 07, 2023 (Gmt+09:00)
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Electric vehicles
SK On signs deal to supply NCM battery cells to Sweden’s Polestar 5 EV
SK On Co., the battery-making affiliate of South Korea’s SK Group, has signed a deal to supply nickel-cobalt-manganese (NCM) battery cell modu...
Nov 06, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom invests in AI startups Allganize, Imprimed
SK Telecom Co. has invested a combined 9.4 billion won ($7.2 million) in artificial intelligence startups Allganize Inc. and Imprimed Inc., the top ...
Nov 06, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI participates in Thailand's Defense & Security 2023
Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangkok, ThailandThe comp...
Nov 06, 2023 (Gmt+09:00)
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Carbon neutrality
SsangYong C&E to invest $616 mn in eco-friendly facilities
South Korea's cement maker SsangYong C&E Co. is investing 800 billion won ($616 million) in facilities to reduce environmental pollution in the ...
Nov 06, 2023 (Gmt+09:00)
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Batteries
SK Ecoplant to supply fuel cells to Irish data centers
SK Ecoplant Co., a South Korean construction engineering and waste management firm, plans to provide solid oxide fuel cells (SOFC) to Irish power ge...
Nov 06, 2023 (Gmt+09:00)
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ESG
SK Geo Centric switches to recycled materials for petchem packaging
South Korea’s SK Geo Centric Co. is using recycled materials for product packaging as it aims to transform itself into a green petrochemical p...
Nov 06, 2023 (Gmt+09:00)
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Construction & Planning
Heerim wins design contract for Hyundai Motor's Saudi plant
South Korea's Heerim Architects & Planners said on Monday it secured the architectural design contract for Hyundai Motor Co.'s new automobile as...
Nov 06, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer