The All-New Santa Fe
Scope
Date
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Machinery
Hyundai Rotem rolls out Korea’s fastest bullet train
Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, has rolled out the country’s fastest bullet train that can r...
Sep 27, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Aircraft maker KAI: Hanwha Group's new M&A target?
Hanwha Group’s agreement to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) Co. for 2 trillion won ($1.4 billio...
Sep 27, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung heads to US amid intensifying chip talent war
Samsung Electronics Co., the world’s largest memory chipmaker, is heading to the US next month to scout semiconductor research and development...
Sep 26, 2022 (Gmt+09:00)
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Business & Politics
KAIST, NYU to operate joint campus in New York City from 2023
Korea Advanced Institute of Science and Technology (KAIST), South Korea's most prestigious national research university, and New York University wil...
Sep 22, 2022 (Gmt+09:00)
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Venture capital
S.Korea's fund of funds to form new fund worth $215 mn with VCs in the US
NEW YORK – The South Korean government is poised to tap into its fund of funds to form a joint investment fund with venture capital firms in t...
Sep 22, 2022 (Gmt+09:00)
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Aerospace & Defense
Korea defense firms showcase new weapons for record exports
South Korean defense makers showcased next-generation products with artificial intelligence, robot and stealth functions for the future battlefiel...
Sep 21, 2022 (Gmt+09:00)
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Automobiles
Hankook Tire aims to join global top 5 with new EV-only tires
South Korea’s leading tire maker Hankook Tire & Technology Co. is aiming to join the ranks of the global top five tire makers with its lat...
Sep 20, 2022 (Gmt+09:00)
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Batteries
Iljin Materials unveils elecfoil with ultra-high tensile strength
Iljin Materials Co., a South Korean battery materials maker, has unveiled an ultra-high tensile elecfoil, which can significantly improve the mileag...
Sep 16, 2022 (Gmt+09:00)
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Logistics
EMP Belstar launches $300 mn Korea logistics fund
Energy and infrastructure-focused private equity firm EMP Belstar has launched its second logistics fund targeting cold storage facilities in South ...
Sep 15, 2022 (Gmt+09:00)
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ESG
Samsung goes green as it eyes clean tech supremacy across supply chain
Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, said on Thursday it is aiming to power its entire operations wit...
Sep 15, 2022 (Gmt+09:00)
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Content platforms
Lotte Home Shopping to nurture Bellygom as a global character
Lotte Home Shopping Inc. announced Thursday the company will showcase Bellygom at a New York City exhibit next week, as part of a broader plan to gr...
Sep 15, 2022 (Gmt+09:00)
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Investment banking
BofA names Korean American Mike Joo as head of North America GCIB
Bank of America Corp. has appointed Korean American Mike Joo as its new head of North America global corporate and investment banking (GCIB), accord...
Sep 14, 2022 (Gmt+09:00)
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Automobiles
Hyundai to build Santa Fe hybrid at Alabama plant ahead of schedule
South Korea’s top automaker Hyundai Motor Co. will manufacture a hybrid version of its signature SUV, the Santa Fe, in Alabama, earlier than p...
Sep 13, 2022 (Gmt+09:00)
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Regulations
S.Korea plans to adopt mandatory pre-disclosure of major insider trading
Executives and major shareholders of South Korea’s listed companies will be obligated to disclose their share transaction plans at least 30 da...
Sep 12, 2022 (Gmt+09:00)
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Korean chipmakers
DB HiTek develops automotive power semiconductor tech
DB HiTek Co., South Korea’s major foundry chipmaker, developed the automotive power semiconductor process technology to meet the increasing de...
Sep 08, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung’s $22 bn new chip plant up and running to make NAND flash
PYEONGTAEK – Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it has put its new 30 trillion won ($22 bi...
Sep 07, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix bets on 2025 memory upturn with $11 billion new plant
SK Hynix Inc., the world’s second-largest memory chipmaker, will spend 15 trillion won ($11 billion) over the next five years to build a new m...
Sep 06, 2022 (Gmt+09:00)
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Cryptocurrencies
LG Elec unveils new NFT platform, aims to turn living room into art gallery
LG Electronics Inc. announced Monday it has launched its very own non-fungible token (NFT) platform, LG Art Lab. Now available in the United St...
Sep 05, 2022 (Gmt+09:00)
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North Korea
Ukraine war gives North Korea reasons to draw closer to Russia
SEOUL—Russia’s invasion of Ukraine has created an opportunity for North Korea, which has strengthened its ties with Moscow and beco...
Sep 02, 2022 (Gmt+09:00)
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Business & Politics
Samsung leader Lee’s latest role: Special envoy for World Expo 2030 bid
As South Korea is serious about hosting the World Expo 2030, the country’s top business leaders will be given new roles: Leading the governmen...
Sep 02, 2022 (Gmt+09:00)
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Pension funds
NPS' new chairman Kim Tae-hyun to start 3-year term
South Korea’s National Pension Service (NPS) is set for its new Chairman Kim Tae-hyun, a former CEO of state-run Korea Deposit Insurance Corp....
Sep 01, 2022 (Gmt+09:00)
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Automobiles
Hyundai CEO says on track for hydrogen-fueled NEXO’s new model
Hyundai Motor Co. is on track to develop a revamped model of its hydrogen fuel car NEXO, its chief executive said on Wednesday, as the South Korean ...
Sep 01, 2022 (Gmt+09:00)
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Korean chipmakers
Micron’s entry into DDR5 market: A boon for Samsung, SK Hynix
The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 DRAM arena, however,...
Aug 30, 2022 (Gmt+09:00)
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Electronics
Samsung, LG boost use of recycled materials for electronics
South Korean tech giants Samsung and LG are increasing their amount of electronic products made from recycled materials. The companies will showcase...
Aug 29, 2022 (Gmt+09:00)
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Corporate strategy
SK Group reworks 'financial story' action plans
Chief executives of South Korea’s No. 2 conglomerate SK Group are overhauling their action plans to implement the “financial story&rdquo...
Aug 26, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Chung rolls up sleeves to counter US EV tax credit act
Hyundai Motor Group Chairman Chung Euisun is off to the US to meet government officials and business leaders as the recently passed Inflation Reduct...
Aug 25, 2022 (Gmt+09:00)
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Economy
Lotte to support Korean SMEs via exhibitions in Berlin, New York
Lotte Group, South Korea’s fifth-largest conglomerate, is set to boost the global sales channels of some 200 Korean small and medium-sized ent...
Aug 24, 2022 (Gmt+09:00)
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Electric vehicles
Korea targets Tesla, imported EVs with new subsidy policy
South Korea is planning to set up a new subsidy policy for electric vehicle purchases, which will be commensurate to the EV makers’ after-sale...
Aug 24, 2022 (Gmt+09:00)
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Construction
SK Ecoplant to supply fuel cells to China’s top data center operator GDS
South Korea’s SK Ecoplant Co. has forged a partnership with China’s top data center developer and operator GDS to jointly enter the Sout...
Aug 23, 2022 (Gmt+09:00)
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Korean chipmakers
Korea's Hanmi Semiconductor releases new glass micro saw
Hanmi Semiconductor Co., South Korea’s leading chip equipment maker, has launched a ‘full automation glass micro saw' dubbed GL2101 and ...
Aug 16, 2022 (Gmt+09:00)