chip production
Scope
Date
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Artificial intelligence
S.Korea to develop ultra-low-power AI chips by 2030
South Korea will develop artificial intelligence (AI) chips by 2030 able to perform more than 10 trillion operations per second, while consuming ver...
Aug 29, 2023 (Gmt+09:00)
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Fashion
Gucci cedes throne to Chanel in Korean used luxury market
Italian luxury brand Gucci gave up the throne to French fashion powerhouse Chanel in the South Korean used designer goods market as more customers a...
Aug 29, 2023 (Gmt+09:00)
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Automobiles
S.Korea's Kumho HT to set up local subsidiary in India
South Korea's automotive lighting device maker Kumho HT, Inc. announced on Monday its strategy to set up an India corporation, capitalizing on the b...
Aug 29, 2023 (Gmt+09:00)
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Future mobility
E-Mart24 pilot-operates drone delivery
South Korea's convenience store chain E-Mart24 Inc. is launching a commercial drone delivery service in Gimcheon, North Gyeongsang Province. This se...
Aug 28, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix leads DRAM industry’s Q2 revenue rebound, retakes No. 2 spot
SK Hynix Inc. saw its DRAM chip shipments significantly increase in the second quarter, leading the industry’s overall revenue rebound, market...
Aug 25, 2023 (Gmt+09:00)
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Electronics
LG aims to capture 50% of global luxury car display market by 2026
LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...
Aug 23, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung set to supply HBM3, packaging services to AMD
South Korea’s Samsung Electronics Co., the world’s top memory chipmaker is poised to provide its high bandwidth memory (HBM) chips and t...
Aug 22, 2023 (Gmt+09:00)
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Automobiles
Tesla Model Y runs with Kumho’s EV tires, its new cash cow
Tires tailored for electric vehicles are expected to become the next cash cow of South Korean tire maker Kumho Tire Co. thanks to growing EV tire or...
Aug 22, 2023 (Gmt+09:00)
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Korean stock market
MXene: Korean investors’ next target after superconductor craze fizzles
Speculative investors in South Korea have started to amass shares related to Mxene, touted as a next-generation material, after dumping a large numb...
Aug 21, 2023 (Gmt+09:00)
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Healthcare
Hyundai Department Store, Nestlé forge dietary supplement alliance
Hyundai Department Store Group has chosen multinational food giant Nestlé S.A. as a partner in its long-term drive to expand its bio and heal...
Aug 21, 2023 (Gmt+09:00)
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Batteries
BYD, KG Mobility in talks to build EV battery plant in Korea
BYD, the world’s No. 3 electric vehicle battery producer, and KG Mobility Corp., formerly Ssangyong Motor Co., are in talks to build a joint c...
Aug 21, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix provides samples of best-performing HBM3E chip to Nvidia
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Monday it has developed HBM3E, the industry&...
Aug 21, 2023 (Gmt+09:00)
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Logistics
LX Pantos, POSCO Flow to cooperate in global logistics
South Korea’s LX Pantos Logistics and POSCO Flow, formerly POSCO Terminal, will strengthen their cooperation in logistics for secondary batter...
Aug 21, 2023 (Gmt+09:00)
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Automobiles
Hyundai to boost Palisade, Tucson output at the cost of sedans
Hyundai Motor Co. is preparing to ramp up the production of its two popular SUV models Tucson and Palisade at its South Korea-based plants to meet g...
Aug 18, 2023 (Gmt+09:00)
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Batteries
EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada
EcoPro BM Co., South Korea’s leading battery material producer, will invest $886 million jointly with SK On Co. and Ford Motor Co. to build a ...
Aug 18, 2023 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young to expand men's product line
South Korea's health and beauty store chain CJ Olive Young on Thursday said its study of customer data over the past three years found that the prop...
Aug 17, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific gets certification for memory-enhancing ingredients
South Korea's Amorepacific Corp. announced on Thursday that it has received New Excellent Technology (NET) certification from the Ministry of Agricu...
Aug 17, 2023 (Gmt+09:00)
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Batteries
SK On to expand domestic battery cell plant for $1.1 bn
SK On Co., a South Korean rechargeable battery maker, will make its largest-ever domestic facility investment of 1.5 trillion won ($1.1 billion) to ...
Aug 16, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung's new US chip fab wins first foundry order from Groq
Samsung Electronics Co. has bagged the first foundry order for its new factory that will be up and running later next year in Taylor, Texas, from Am...
Aug 16, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung raises $2.2 billion via ASML stake sale for chip investment
Samsung Electronics Co., the world’s largest memory chipmaker, has sold 3.55 million shares in Dutch chip equipment maker ASML Holding N.V. fo...
Aug 15, 2023 (Gmt+09:00)
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K-pop
K-pop label JYP Entertainment earnings disappoint; shares down
JYP Entertainment Corp., the music label behind K-pop bands Stray Kids, Twice and NiziU, saw its stocks drop on Monday due to its disappointing quar...
Aug 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Taihan Cable posts highest first-half operating profit in 20 years
South Korea's Taihan Cable & Solution Co. announced on Friday that its consolidated operating profit for the first half of this year reached 41....
Aug 11, 2023 (Gmt+09:00)
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KOREA Investment Week 2023
S.Korea's largest investment forum to begin Sept. 11
South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...
Aug 10, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix’s LPDDR5T chip likely mounted on MediaTek’s Dimensity
SK Hynix Inc.'s latest mobile DRAM chip LPDDR5T is expected to be mounted on MediTek Co.’s next-generation mobile application processor (AP) c...
Aug 10, 2023 (Gmt+09:00)
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Korean food
Lotte Hotels & Resorts to launch premium kimchi product
Lotte Hotels & Resorts, a leading South Korean hospitality company, announced on Thursday its intention to penetrate the domestic kimchi market,...
Aug 10, 2023 (Gmt+09:00)
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Earnings
Lotte Chemical posts fifth straight quarterly operating loss in Q2
South Korea’s Lotte Chemical Corp. has posted an operating loss for a fifth straight quarter due to sluggish petrochemical demand.The co...
Aug 09, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix unveils another NAND to win chip stacking war
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., showcased its progress in the chip stacking technolo...
Aug 09, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to unveil vision for chips resembling human senses at Tech Day
Chipmakers around the world have long aspired to develop semiconductors that can replicate human senses such as smell, hearing, vision, taste and to...
Aug 08, 2023 (Gmt+09:00)
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Energy
S.Korean transformers invade US market on surging demand
South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest electricity consumer,...
Aug 04, 2023 (Gmt+09:00)
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Retail
GS25 cuts prices amid controversy over World Scout Jamboree branch
South Korea's convenience store chain GS25, which has a makeshift branch for the 25th World Scout Jamboree in Saemangeum, an estuarine tidal flat in...
Aug 04, 2023 (Gmt+09:00)