US chip export bans
Scope
Date
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Korean startups
Big Tech engineers rush to Korea’s AI chip startups as potential looms
Big Tech engineers are flocking to South Korea’s promising startups specializing in artificial intelligence chips, a fast-growing sector in th...
Mar 20, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix mass-produces HBM3E chip to supply Nvidia
SK Hynix Inc., the world’s No. 2 memory chipmaker, began mass-producing HBM3E, the best-performing DRAM chip for AI applications, for the firs...
Mar 19, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung invests in BrickBio in US
Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...
Mar 19, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion'a autoimmune disease drug Zymfentra makes US debut
South Korean biopharmaceutical giant Celltrion Inc. said on March 17 that it has launched its new autoimmune disease treatment Zymfentra in the US m...
Mar 18, 2024 (Gmt+09:00)
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Commodities
Korea struggles with surging copper scrap exports to China
South Korea’s nonferrous metal industry is scrambling for the procurement of copper scrap as China, the world’s top copper consumer, has...
Mar 18, 2024 (Gmt+09:00)
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Economy
Korea eyes $1.5 bn injection in KDB to boost chip, battery sectors
South Korea may inject some 2 trillion won ($1.5 billion) into Korea Development Bank (KDB) by the end of this month to support the state-run bank's...
Mar 18, 2024 (Gmt+09:00)
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Artificial intelligence
Upstage establishes US subsidiary in Silicon Valley
South Korea's artificial intelligence (AI) startup Upstage announced on Monday that it established the US corporation Upstage AI in Silicon Valley, ...
Mar 18, 2024 (Gmt+09:00)
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Regulations
Samsung faces dubious suit every 5 days from US patent trolls
South Korean tech giant Samsung Electronics Co. is battling an increasing number of patent infringement litigation cases from US patent trolls, the ...
Mar 18, 2024 (Gmt+09:00)
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Electric vehicles
EverCharge to install EV chargers at Oracle Park
South Korea’s SK E&S Co. announced on Sunday that its US-based electric vehicle (EV) charging subsidiary EverCharge Inc. will install hund...
Mar 18, 2024 (Gmt+09:00)
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Batteries
SK On in talks with Nissan to supply batteries in US
South Korean rechargeable battery maker SK On Co. is in talks with Nissan Motor Co. to jointly produce battery cells for the Japanese carmaker in th...
Mar 15, 2024 (Gmt+09:00)
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Waste management
Korea Zinc, LG Chem team up for US recycling business
Korea Zinc Inc., the leading global zinc and lead smelter, and LG Chem Ltd., South Korea’s top petrochemical producer, joined hands for the pl...
Mar 15, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to receive over $6 bn in US chip subsidies, eyes extra investment
South Korean tech giant Samsung Electronics Co. is expected to receive more than $6 billion in US chip subsidies as the Joe Biden administration is ...
Mar 15, 2024 (Gmt+09:00)
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Aerospace & Defense
KASA, Korea’s NASA, embarks on hunt for space talent
South Korea seeking to join the global space power club is set to recruit about 120 local and foreign space experts for the country’s space ag...
Mar 15, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Ecoplant opens US recycling plant for data center servers
SK Ecoplant Co., a South Korean construction engineering and waste management firm, said on Thursday it launched a recycling plant for data cen...
Mar 14, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung's chip stockpile declines in Q4 2023
Samsung Electronics Co. has reported a decrease in its semiconductor inventory for the first time in 10 quarters, signaling a rebound in the memory ...
Mar 13, 2024 (Gmt+09:00)
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Construction
Hyundai L&C targets US, India with premium finishing material
Hyundai L&C, South Korea’s Hyundai Department Store Group’s building materials unit, said on Tuesday that it will increase the propo...
Mar 13, 2024 (Gmt+09:00)
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Automobiles
Tata Daewoo resumes truck exports to Algeria
South Korea's Tata Daewoo Commercial Vehicle Company announced on Tuesday that it resumed truck exports to Algeria under the Daewoo brand. Tata...
Mar 12, 2024 (Gmt+09:00)
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Electric vehicles
POSCO Int’l wins $9 bn permanent magnet orders from US, Europe
POSCO International Corp. has bagged deals worth nearly 1.2 trillion won ($9 billion) in total to deliver permanent magnets to finished carmakers in...
Mar 12, 2024 (Gmt+09:00)
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Electronics
LG Elec named best front-load washer in US
LG Electronics Inc. has dominated the top positions in the latest ratings for the best front-load washing machines conducted by Consumer Reports, a ...
Mar 12, 2024 (Gmt+09:00)
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Retail
Coupang launches direct purchase service to Japan
Coupang Inc., South Korea's leading e-commerce platform, announced on Monday that it is expanding its overseas direct purchase service, "Rocket Jikg...
Mar 11, 2024 (Gmt+09:00)
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Business & Politics
Trump confidant Arkansas Gov. Sanders in Seoul for trade talks
Sarah Elizabeth Huckabee Sanders, Arkansas governor and long-time confidant of former US President Donald Trump, has shown firm support for her form...
Mar 11, 2024 (Gmt+09:00)
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Electronics
LG’s new AI-controlled soundbar to hit US market in March
LG Electronics Inc. will roll out its new flagship soundbar system — powered by AI and 15-channel sound — in North America later this mo...
Mar 11, 2024 (Gmt+09:00)
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Steel
S.Korean steelmakers mull building electric furnaces in US
Steelmakers are considering building steel mills with electric furnaces in the United States to survive the triple whammy of high tariff barriers, l...
Mar 11, 2024 (Gmt+09:00)
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Automobiles
Samsung Electro-Mechanics to supply hybrid camera lenses to Hyundai
Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, plans to begin supplying hybrid lenses for automotive camera modules ...
Mar 10, 2024 (Gmt+09:00)
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Corporate bonds
Korea’s bond sales up in February; corporate bonds remain buoyant
Bond sales in South Korea amounted to 71.8 trillion won ($54.4 billion) in February, 12.4% up from a month prior, according to a report from the Kor...
Mar 08, 2024 (Gmt+09:00)
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Korean startups
Mathpresso throws down the gauntlet in US edtech market
Mathpresso Inc., a South Korean startup operating the Google-backed learning app Qanda, has released its first study app catering to US university s...
Mar 08, 2024 (Gmt+09:00)
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Banking & Finance
KEXIM, US DOE to support S.Korean green energy firms
The Export-Import Bank of Korea (KEXIM) said on Mar. 7 that it will support domestic firms that aim to enter the American green energy industry with...
Mar 08, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to use recycled neon gas in chip manufacturing
Samsung Electronics Co. will use recycled neon gas in chip production for the first time in the world, a move expected to stabilize the cost and sup...
Mar 07, 2024 (Gmt+09:00)
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Electric vehicles
SK Signet to supply EV fast chargers in Ohio
SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Thursday that it will supply fast chargers to the site of the...
Mar 07, 2024 (Gmt+09:00)
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Banking & Finance
JPMorgan Chase’s growth driver: offline community branches
NEW YORK -- Global banking giant JPMorgan Chase & Co. has been expanding brick-and-mortar branches across the US with investments of billions of...
Mar 06, 2024 (Gmt+09:00)
Latest News
- 1 LG Electronics' Indian unit logs highest first-half sales
- 2 SK Hynix’s turnaround gains traction from US, China
- 3 Samsung's financial arms beat No.1 banking group KB in profit
- 4 Korea’s airlines plagued by elevated fuel costs, strong dollar
- 5 LG Uplus offers Korean Air gift cards to 5G subscribers