TCL Technology Group
Scope
Date
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Aerospace & Defense
Hanwha Aerospace to launch 4 more Nuri rockets under $220 mn project
Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is planning on four additional launches of the country’s first h...
Dec 02, 2022 (Gmt+09:00)
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Fintech
Delay in Apple Pay approval for South Korea sends VAN co. shares tumbling
The news of US mobile device giant Apple launching its Apple Pay service in South Korea this month sent the share prices of companies that assist th...
Dec 02, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES
Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...
Dec 01, 2022 (Gmt+09:00)
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Steel
POSCO’s Pohang workers to leave umbrella steel union group
One of two labor unions at Korea’s largest steelmaker POSCO will leave its umbrella group, the Korean Metal Workers’ Union (KMWU), follo...
Dec 01, 2022 (Gmt+09:00)
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Hydrogen economy
Doosan Enerbility develops amonia cracking technology for hydrogen power generation
South Korea's plant builder Doosan Enerbility plans to secure ammonia cracking technology which can be utilized for hydrogen co-fired power plants. ...
Dec 01, 2022 (Gmt+09:00)
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Food & Beverage
Daesang Welllife forms joint venture with Sinopharm Group
Daesang Welllife on Thursday said it has concluded a memorandum of understanding (MOU) with China Sinopharm International, an affiliate of China's l...
Dec 01, 2022 (Gmt+09:00)
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ESG
SK Inc. bulks up green investments to achieve net zero by 2035
SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is taking preemptive steps to expand its eco-friendly busin...
Dec 01, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Korea adopts USB-C as unified connector for phone charging cable
The Korean government has released guidelines on its designation of USB-C as the unified national standard for charging and data transfer connectors...
Nov 30, 2022 (Gmt+09:00)
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K-pop
Blackpink's 'Ice Cream' music video surpasses 800 mn views
K-pop girl group Blackpink’s “Ice Cream” music video exceeded 800 million views on YouTube around 2 a.m. on Nov. 30 local time, it...
Nov 30, 2022 (Gmt+09:00)
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Leadership & Management
Young Poong Precision emerges as key to Korea Zinc control; shares surge
Shares of Young Poong Precision Corp. are flying high as the company is emerging as the key to the control of Korea Zinc Co., which in turn is the c...
Nov 27, 2022 (Gmt+09:00)
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Bio & Pharma
Spectrum to push back launch date of Hanmi-developed drug Poziotinib
Hanmi Pharmaceutical Co. announced Friday that California-based Spectrum Pharmaceuticals Inc. received a Complete Response Letter (CRL) from the US ...
Nov 25, 2022 (Gmt+09:00)
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Food & Beverage
SK expands sustainable food biz with $7.5 mn US investment
SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...
Nov 25, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea's KDB to sell off its life insurer for fifth time
South Korea’s state-run Korea Development Bank (KDB) is poised to accelerate the selling off of its affiliate KDB Life Insurance Co. next week...
Nov 22, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to make 3 nm chips for Nvidia, Qualcomm, IBM, Baidu
Samsung Electronics Co., the world’s largest memory chipmaker, will make semiconductors with the industry’s most advanced 3-nanometer pr...
Nov 22, 2022 (Gmt+09:00)
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Petrochemicals
Kumho Petrochemical to recycle plastic waste with French partner
Kumho Petrochemical on Tuesday said it has concluded a memorandum of understanding (MOU) with French engineering service provider Technip Energies...
Nov 22, 2022 (Gmt+09:00)
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Leadership & Management
Lotte to replace construction unit CEO due to liquidity crisis
Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...
Nov 22, 2022 (Gmt+09:00)
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Korean startups
Deeping Source turns visual data into info that drives business decisions
Deeping Source Inc., an artificial intelligence (AI) analytics startup, turns real-life visual data into insight that can drive business decisions.&...
Nov 20, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Eugene Group, Stonebridge Capital mull logistics firm Mesh acquisition
South Korean conglomerate Eugene Group, one of the largest construction materials suppliers in the country, is planning to acquire local logistics c...
Nov 17, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis joins hands with Lion Group to move into Malaysian logistics market (edited)
Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...
Nov 17, 2022 (Gmt+09:00)
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Automobiles
Hyundai Mobis unveils gesture-based display control tech
Hyundai Mobis Co., the world’s sixth-largest automotive supplier, has developed technology for the first time in the industry to allow drivers...
Nov 17, 2022 (Gmt+09:00)
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Electronics
Samsung, LG products sweep CES 2023 innovation awards
South Korea’s two largest home appliance makers – Samsung Electronics Co. and LG Electronics Inc. – have swept a record number of ...
Nov 17, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis, Malaysia’s Lion Group to enter ASEAN logistics market
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Wednesday it has signed an initial agreement with Malaysi...
Nov 16, 2022 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang rebrands porridge line as Hetbahn Soft Meal
CJ CheilJedang Corp. announced Wednesday it has changed the name of its line of porridge products from Bibigo Jook to Hetbahn Soft Meal. CJ Het...
Nov 16, 2022 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea's Iljin Group halts sale of its display maker
South Korea’s Iljin Display Co. has suspended procedures of selling its 43.19% stake with management rights, the junior bourse Kosdaq-listed d...
Nov 16, 2022 (Gmt+09:00)
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Construction
Saudi crown prince to meet Korean business leaders in Seoul
Saudi Arabia’s crown prince Mohammed bin Salman is known to be planning meetings with leaders of major South Korean conglomerates, including S...
Nov 15, 2022 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus, Hyundai Motor Group in connected car service deal
LG Uplus Corp., South Korea’s third-largest mobile carrier, will supply exclusive wireless communications services to Hyundai Motor Group for ...
Nov 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT to invest $2 million in US voice biomarker developer
KT Corp., a South Korean telecommunications giant, plans to invest $2 million in Sonde Health Inc., a US voice biomarker developer, to enhance the c...
Nov 10, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix starts shipping low-power, high-efficiency LPDDR5X chips
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...
Nov 09, 2022 (Gmt+09:00)
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Earnings
Korea's Walkerhill Hotels and Resorts posts 1st surplus in 11 quarters
South Korea's Walkerhill Hotels and Resorts, run by SK Networks, has returned to the black after two years and nine months thanks to growth in the n...
Nov 09, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Microsoft CEO Nadella to speak at developers' forum in Seoul
Microsoft Korea said on Tuesday that it will host Microsoft Ignite Spotlight on Korea, an annual conference for developers and IT professionals, on ...
Nov 08, 2022 (Gmt+09:00)
Latest News
- 1 Yanolja's Nasdaq IPO plan hit by Qoo10's liquidity turmoil
- 2 Hanwha’s Kim Dong-seon to raise his stake in Galleria to 19.86%
- 3 Liner ranks 9th in generative AI services selected by a16z
- 4 Korea’s Tmax Group takes back software developer at $612 mn
- 5 Lotte Fine Chemical, JEFA to collaborate on clean ammonia value chain