air defense system
Scope
Date
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Earnings
Korean Air surprises market with highest quarterly profit in 5 years
Korean Air Lines Co. (KAL) surprised the market on Friday by posting its highest third-quarter operating profit in five years, boosted by strong dem...
Nov 12, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Glovis to build hydrogen supply chain with Air Products
Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, agreed to set up a liquid hydrogen supply chain with Air Products, the world’s la...
Oct 19, 2021 (Gmt+09:00)
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Airlines
Kumho Asiana assures 30-year profits to Gate Gourmet in catering deal
Kumho Asiana Group’s management assured net profits for 30 years to Gate Gourmet when the South Korean conglomerate signed a deal for Asiana A...
Oct 12, 2021 (Gmt+09:00)
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Airlines
Korean LCCs rush to stock market for fund on travel recovery hopes
Cash-strapped South Korean budget airlines are rushing to raise money in the local stock market on growing hopes for a travel recovery as government...
Oct 08, 2021 (Gmt+09:00)
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Electronics
Samsung to install 51,000 air purifiers to help Australians return to school
Samsung Electronics Co. will help the students in the Australian state of Victoria in making safe returns to the classroom in a post-COVID environme...
Sep 29, 2021 (Gmt+09:00)
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Airlines
Korean Air credit outlook raised, passenger traffic set to return
The credit rating outlook for Korean Air Lines Co. (KAL) and its parent Hanjin KAL Corp. has been upgraded amid expectations that passenger flights ...
Sep 21, 2021 (Gmt+09:00)
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Food & Beverage
KGC creates Ginseng Museum Cafe in New York
Korea Ginseng Corporation (KGC), a wholly-owned subsidiary of KT&G Corporation, has set up its first interactive cafe in the global market where...
Sep 17, 2021 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea fines Google $180 mn for operating system market abuse
South Korea's Fair Trade Commission (FTC) on Tuesday imposed a fine of 207.4 billion won ($180 million) on Google, alongside a correction order, aft...
Sep 14, 2021 (Gmt+09:00)
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Mergers & Acquisitions
KDB chairman urges FTC to approve merger of Korean Air, Asiana
A speedy approval by South Korea’s top antitrust regulator of the proposed merger of Korean Air Lines Co. (KAL) and its local rival Asiana Air...
Sep 14, 2021 (Gmt+09:00)
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App Developers’ Payments Dilemma: Easier With or Without Apple and Google?
SEOUL—South Korea’s app developers can soon sidestep the digital tollway mandated by Apple Inc. and Alphabet Inc.’s Goog...
Sep 10, 2021 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea curbs in-app payment plans by Google, Apple
The South Korean parliament has passed the world's first bill to banGoogle, Apple Inc. and other app store operators from forcing certain payment sc...
Sep 01, 2021 (Gmt+09:00)
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Hydrogen economy
Korea’s hydrogen council to launch Sept. 8; Hyundai to unveil new tech
The South Korean version of the Hydrogen Council, a global CEO-led initiative to harness the clean energy source, will officially launch on Sept. 8 ...
Aug 26, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to invest $200 bn over next 3 yrs, including M&As
Samsung Group will invest a combined 240 trillion won ($206 billion) over the next three years in its core businesses such as semiconductor, display...
Aug 24, 2021 (Gmt+09:00)
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Airlines
Korean Air to retire all A380 jets over 5 years; B787 likely replacements
Korean Air Lines Co. (KAL) will retire its superjumbo fleet of 10 A380 passenger jets over the next five years, a move the South Korean flag carrier...
Aug 20, 2021 (Gmt+09:00)
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Carbon neutrality
Samsung Heavy wins approval for ammonia-ready ship design
Samsung Heavy Industries obtained a certificate for its basic design to revamp a liquefied natural gas (LNG) or diesel-powered crude tanker into an ...
Aug 19, 2021 (Gmt+09:00)
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Hydrogen economy
Hydrogen tank maker Iljin Hysolus to make Kospi debut Sept. 3
South Korea’s leading hydrogen tank maker Iljin Hysolus Co. will be listed on Kospi on Sept. 3, according to the company’s IPO briefing ...
Aug 19, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha Systems invests $300 million in UK satellite firm OneWeb
Hanwha Systems Co., the defense and air mobility unit of Hanwha Group, is investing $300 million in UK’s satellite communications firm OneWeb ...
Aug 12, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Google’s in-app billing system ignites power play among Korean regulators
South Korea’s attempt to prohibit global app store operators from forcing certain in-app payment schemes has hit a bumpy road due to power pla...
Aug 09, 2021 (Gmt+09:00)
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The Deep Dive
Growing pains: Korea’s smaller crypto exchanges face shutdown
In mid-July, a small obscure South Korean cryptocurrency exchange posted a notice on its website at midnight, saying it is suspending trading of 57 ...
Aug 05, 2021 (Gmt+09:00)
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Airlines
Korean Air hits milestone of 10,000 cargo-only passenger flights
Korean Air Lines Co. (KAL) hit a milestone of having operated 10,000 cargo-only passenger flights as of Aug. 1, as the country’s top carrier g...
Aug 02, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha Defense chosen as contender for design of US Army war vehicle
Hanwha Defense Co. has been named a contender for the design of a US Army war vehicle that will replace around 3,500 M2 Bradley vehicles that have b...
Jul 26, 2021 (Gmt+09:00)
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Future Mobility
Hyundai Mobis targets in-vehicle healthcare with brainwave technology
South Korea’s top auto parts maker Hyundai Mobis has developed a new brainwave detection technology that monitors a driver's physical and psyc...
Jul 21, 2021 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea closer to banning Google's in-app billing system
South Korea is a step closer to stopping app store operators like Google Inc. and Apple Inc. from requiring all digital content purchases from apps ...
Jul 21, 2021 (Gmt+09:00)
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Airlines
Korean Air won't sell Asiana's budget carriers post-merger
Korean Air Lines Co. (KAL) will not put Asiana Airlines Inc.'s two low-cost carriers (LCCs) up for sale after it completes its 1.8-trillion-won ($1....
Jul 19, 2021 (Gmt+09:00)
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M&As
Blackstone may team up with Mahle to buy Hanon Systems
The Blackstone Group is in discussions with German automotive parts manufacturer Mahle GmbH to make a joint bid for South Korea's Hanon Systems Corp...
Jul 15, 2021 (Gmt+09:00)
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Airlines
Cash-strapped Korean LCCs to bolster capital: Jeju Air to raise $175 mn
Jeju Air Co., South Korea’s largest low-cost carrier (LCC), seeks to raise some $175 million in new shares to boost its capital base, raising ...
Jul 08, 2021 (Gmt+09:00)
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Markets
Defense stocks rally in response to China Xi's speech
South Korean manufacturers of jet fighters, aircraft engines and weapon systems saw their share prices soaring in heavy trade on Monday, powered by ...
Jul 05, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai innovates EV manufacturing with smart factory system
South Korea’s top carmaker Hyundai Motor Co. is making innovations in its electric vehicle manufacturing processes. The company on July 1 reve...
Jul 02, 2021 (Gmt+09:00)
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Markets
Bain report renews debate on alternative trading system in Korea
With South Korea’s stock markets maintaining bullish momentum this year, debate about setting up an alternative trading system (ATS) in the co...
Jun 28, 2021 (Gmt+09:00)
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ESG bonds
Korean Air to issue first ESG bonds among Korean carriers
Korean Air Lines Co. will issue green bonds as part of its 200 billion won ($176 million) corporate debenture issue -- to become the first among dom...
Jun 23, 2021 (Gmt+09:00)
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