US chip export bans
Scope
Date
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Korean chipmakers
Memory leader Samsung aims to strengthen system chips, foundry
Samsung Electronics Co. is forecast to keep its memory leadership amid growing competition, although the South Korean tech giant has some catching u...
Jun 08, 2021 (Gmt+09:00)
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Korean chipmakers
Chip shortage hits Korea’s COVID-19 diagnostic device manufacturers
The global chip shortage is impacting South Korea’s COVID-19 test device makers. They are paying up to 10 times the normal price of semiconduc...
Jun 07, 2021 (Gmt+09:00)
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Korean chipmakers
Taiwanese fabless firms outwit Korean rivals in chip supercycle
Taiwanese fabless semiconductor firms, with backing from their hometown foundry companies, are reaping the benefits of higher chip prices and soarin...
Jun 06, 2021 (Gmt+09:00)
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Energy
CS Wind acquires US wind tower factory from Vestas at $150 mn
South Korea’s wind tower manufacturer CS Wind Corp. has acquired full ownership of the world’s largest tower manufacturing facility loca...
Jun 04, 2021 (Gmt+09:00)
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Korean stock market
Samsung returns as foreigners’ top pick; Kospi just shy of record high
Samsung Electronics Co., the bellwether of South Korea’s main bourse, has returned as the market darling, with foreigners buying heavily on th...
Jun 03, 2021 (Gmt+09:00)
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Hydrogen economy
SK invests in the US 'turquoise' hydrogen maker Monolith Materials
SK Inc., the holding and investment company of SK Group, has made another big investment in the US hydrogen segment.On Jun. 3, SK said that it bough...
Jun 03, 2021 (Gmt+09:00)
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Economy
Chips, autos set S.Korea’s May export growth at fastest pace in 32 years
South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...
Jun 02, 2021 (Gmt+09:00)
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Korean startups
AI chip startup FuriosaAI wraps up $70 mn Series B round
South Korea-based artificial intelligence startup FuriosaAI has recently wrapped up an 80 billion won ($72.1 million) Series B round, attracting inv...
May 31, 2021 (Gmt+09:00)
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Korean chipmakers
Global automakers accelerate EV push as chip shortage eases
Global auto companies are moving forward with their electric vehicle (EV) and other future mobility initiatives as the global semiconductor shortage...
May 28, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Singapore sovereign fund GIC to buy 30% of Starbucks Korea for $710 mn
Singapore’s sovereign growth fund GIC Private Ltd. plans to acquire a 30% stake in Starbucks Korea for about 800 billion won ($710 million) fr...
May 24, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung, TSMC up ante in US foundry competition
The world’s two largest foundry chipmakers, Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co., are upping the ante in ...
May 24, 2021 (Gmt+09:00)
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President Moon's state visit to US
Korea’s top 4 conglomerates pledge $40 bn investment in US
Samsung Group, Hyundai Motor Group, SK Group and LG Group, companies unofficially accompanying South Korean President Moon Jae-in on his state visit...
May 23, 2021 (Gmt+09:00)
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Batteries
SK Innovation, Ford agree to launch $5.3 bn EV battery JV in US
South Korean battery maker SK Innovation Co. and Ford Motor Co. have agreed to launch a 6 trillion won ($5.3 billion) joint venture to support the U...
May 20, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor to make EVs in US with $7.4 bn investment by 2025
Hyundai Motor Group will pump $7.4 billion into its US operations by 2025, with a focus on future mobility segments, including electric vehicles (EV...
May 14, 2021 (Gmt+09:00)
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Culture & Trends
HiteJinro to export Terra beer to Hong Kong, Singapore, US
South Korea’s record-breaking Terra beer will begin exports to Hong Kong this month, and to Singapore and the United States from the latter ha...
May 12, 2021 (Gmt+09:00)
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Monthly trade infographics
S.Korea: 11th in global export market for top-ranked items
South Korea ranks 11th in global export market shares with 69 top-ranked items -- reaching an all-time high In 2019, South Korean products ranked 1...
May 10, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung to jump into laptop processor market with Exynos chip in H2
With the global laptop computer market growing rapidly in the pandemic-caused work-and-learn from home era, Samsung Electronics Co. is working on a ...
May 09, 2021 (Gmt+09:00)
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Short selling
Lifted short sale ban blamed for Korea ETF redemption
The lifting of South Korea's short-selling ban on large-cap stocks on Monday could be blamed for the recent heavy outflows from US-listed exchange-t...
May 07, 2021 (Gmt+09:00)
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Monthly trade infographics
K-beauty boom makes S.Korea the fourth-largest cosmetics exporter
Cosmetics industry sees continued export growth for two straight decades K-beauty has emerged as a global trend, thanks to the development of innov...
May 06, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor to launch Genesis in Europe; US auto sales at record high
Hyundai Motor Co. is taking its standalone high-end brand Genesis to Europe, the traditional stronghold of premium cars such as BMW and Audi, as the...
May 04, 2021 (Gmt+09:00)
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Automobiles
Kia posts record US sales for 2nd straight month, driven by SUVs
Kia Corp., an automaking affiliate of the Hyundai Motor Group, on Monday posted its best-ever monthly US auto sales for a second straight month in A...
May 03, 2021 (Gmt+09:00)
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Upcoming IPOs
Korea bourse tries to halt unicorns following Coupang in US IPO
The Korea Exchange (KRX) will lower the bar for domestic startups' initial public offerings at home so that they will be dissuaded from joining the ...
Apr 29, 2021 (Gmt+09:00)
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Earnings
Samsung reports highest Q1 revenue, expects chip rebound in Q2
Samsung Electronics Co. has recorded the highest first-quarter revenue figures in the company’s history, thanks to strong performances in its ...
Apr 29, 2021 (Gmt+09:00)
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Private equity
Mirae Asset to launch $900 mn US logistics fund
Mirae Asset Global Investments Co. is set to launch a 1 trillion won ($900 million) blind pool fund to invest in US logistics facilities, into which...
Apr 29, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix mulls foundry expansion, advances capex to ease chip shortage
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday that it is looking into various options to grow its foundry busi...
Apr 28, 2021 (Gmt+09:00)
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COVID-19
Genexine exports COVID vaccine candidate to Indonesia
Genexine Inc., one of the five South Korean pharmaceutical companies whose COVID-19 vaccine candidates have entered clinical trials, will export its...
Apr 28, 2021 (Gmt+09:00)
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Private debt
CalSTRS, POBA launch $600 mn US property loan JV
The California State Teachers’ Retirement System (CalSTRS) and South Korea's Public Officials Benefit Association (POBA) have launched a $600 ...
Apr 28, 2021 (Gmt+09:00)
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Industrial clean rooms
Wonbang Tech: S.Korea’s leading chip clean room company
The dew point is the temperature at which the air becomes saturated with water vapor. When cooled further below the point, the airborne water vapor ...
Apr 26, 2021 (Gmt+09:00)
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Automobiles
Korean-made small SUVs reach 50% share in US market
Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...
Apr 26, 2021 (Gmt+09:00)
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Automobiles
Korean-made small SUVs reach 50% share in US market
Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...
Apr 26, 2021 (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