container line HMM
Scope
Date
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Business & Politics
Samsung, LG fret over shipping lines’ delivery halt to Russia
Samsung Electronics Co. and LG Electronics Inc., South Korea’s two major exporters, are jittery about global shipping lines’ decision to...
Mar 03, 2022 (Gmt+09:00)
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POSCO Chem to expand low-expansion anode materials output
South Korea’s POSCO Chemical Co. plans to fivefold production of low-expansion anode materials, high-value-added ingredients for electric vehi...
Feb 27, 2022 (Gmt+09:00)
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Beauty & Cosmetics
Skincare giant Cosmax adds pet care line
South Korea’s beauty products manufacturer Cosmax Inc. has entered the rapidly growing pet products market.The company specializes in receiv...
Feb 24, 2022 (Gmt+09:00)
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Tech, Media & Telecom
App-rich LG smart TVs blur lines with smartphones
From home workouts to math and science courses, thousands of apps now available on LG smart TVs are blurring the lines between TVs and smartphones.S...
Feb 22, 2022 (Gmt+09:00)
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Business & Politics
S. Korea to track engineers' travel to control tech leaks
South Korea will create a roster of engineers in its core business sectors to monitor their travel in and out of the country. The decision aims to...
Feb 16, 2022 (Gmt+09:00)
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Earnings
HMM returns to annual profit in a decade as stake sale looms
HMM Co., South Korea’s largest container line, returned to an annual profit for the first time in a decade, boosted by higher freight rates an...
Feb 14, 2022 (Gmt+09:00)
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Venture capital
Blurring lines between accelerators and VCs with record fundings
Sopoong Ventures Corp. is poised to create a fund worth 10 billion won ($8 million) that specializes in early stage investment, industry insiders sa...
Feb 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung’s Galaxy S22 Ultra: Setting new smartphone standard
Samsung Electronics Co. on Wednesday announced new additions to its Galaxy S series models as the world’s top smartphone maker by volume faces...
Feb 10, 2022 (Gmt+09:00)
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Venture capital
LG Group invests $21 mn in vegan egg maker Eat Just
LG Group plans to invest 25 billion won ($21 million) in California-based plant-based food maker Eat Just, Inc. The news follows an announcement by ...
Jan 26, 2022 (Gmt+09:00)
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Future mobility
LG Omnipod: A self-driving home on wheels
LG Electronics Inc. is bringing a life-size model of its future mobility autonomous concept vehicle to the real world.The LG Omnipod, a mobility con...
Jan 25, 2022 (Gmt+09:00)
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Blockchain
NAVER revs up its NFT arm
South Korea’s internet juggernaut NAVER Corp. is gearing up to enter the NFT business – through its affiliate LINE Corp.LINE NEXT, a ven...
Jan 19, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Collapsed merger’s silver lining: More cash for Hyundai Heavy
The European Commission’s rejection of Hyundai Heavy Industries Co.'s proposed merger with crosstown rival Daewoo Shipbuilding & Marine En...
Jan 14, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE bags $1.4 billion ship orders in first 2022 deals
Korea Shipbuilding & Offshore Engineering Co. (KSOE), Hyundai Heavy Industries Group’s intermediate holding company, has kicked off 2022 w...
Jan 04, 2022 (Gmt+09:00)
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Batteries
Korea's EcoPro BM to build first overseas plant in Hungary
EcoPro BM Co., South Korea’s top cathode materials producer, has decided to set up its first overseas plant in Hungary.EcoPro BM on Dec. 9 ann...
Dec 10, 2021 (Gmt+09:00)
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Electric vehicles
Kia to go EV-only in Europe by 2035, teases EV9 SUV concept
Kia Corp., the automaking unit of South Korea’s Hyundai Motor Group, said on Thursday it will only sell electric and fuel cell vehicles in Eur...
Nov 11, 2021 (Gmt+09:00)
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Earnings
HMM rakes in record quarterly profits on higher freight rates
HMM Co., South Korea’s largest container line, posted fresh record sales and profits in the third quarter, boosted by higher freight rates and...
Nov 11, 2021 (Gmt+09:00)
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Corporate investment
CJ Group Chief unveils $8.5 billion investment plans for growth
South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. as well as entertainment gia...
Nov 04, 2021 (Gmt+09:00)
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IPOs
SM Line joins growing list of S.Korean IPO dropouts
SM Line Corp. on Wednesday became the latest South Korean company to drop its initial public offering plan on disappointing institutional interest.T...
Nov 03, 2021 (Gmt+09:00)
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Markets
HMM’s stock loses ground on slowing profit growth, overhang woes
South Korea’s largest container liner HMM Co. suffered a tumble in its stock prices despite the rosy outlook on the global shipping industry a...
Oct 28, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
SM Line sees light at the end of the tunnel: SM Group’s Woo
When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...
Oct 27, 2021 (Gmt+09:00)
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AgTech
AgTech attracts global billionaires’ investment
Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos and Softbank Group founder Masayoshi Son have recently shown a common interest in a surpr...
Oct 25, 2021 (Gmt+09:00)
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Entertainment
FNC Entertainment next in line for global success, shares surge
Shares of FNC Entertainment Co., a mid-size South Korean entertainment agency, are surging on expectations that offline concerts will soon resume wi...
Oct 19, 2021 (Gmt+09:00)
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Entertainment
Korean OTT platform TVing to go abroad with Naver's LINE
South Korea's over-the-top (OTT) streaming platform TVing Co. will make its inroads into Japan and Taiwan next year and into the US in 2023, tapping...
Oct 19, 2021 (Gmt+09:00)
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Moderna co-founder
Giving away patents not in line with capitalist society
WASHINGTON D.C. -- US-based biotechnology company Moderna Inc. wasn’t a household name until the beginning of last year, when its fate changed...
Oct 12, 2021 (Gmt+09:00)
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IPOs
Merchant liner SM Line to list on Kosdaq in November
South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...
Oct 07, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hanjin Heavy wins $270 mn container ship order, first deal in 6 years
Hanjin Heavy Industries & Construction Co. said on Tuesday it has won a $270 million deal to build four 5,500 TEU container ships for a European...
Oct 05, 2021 (Gmt+09:00)
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Steel
Dongkuk Steel adds another production line of color coated steel
Dongkuk Steel Mill Co., the world’s leading manufacturer of color coated steel, has expanded its production capacity even further. The company...
Sep 28, 2021 (Gmt+09:00)
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IPOs
Kakao Pay pushes back IPO to November despite tight schedule
Kakao Group’s payment services unit Kakao Pay Corp. has pushed back its IPO to November due to growing concerns regarding the impact of regula...
Sep 24, 2021 (Gmt+09:00)
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Electronics
LG Electronics turns home appliance plant into smart factory
South Korea’s LG Electronics Inc. said on Thursday it is turning its main home appliance plant into a smart factory, which improves productivi...
Sep 16, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Strategic buyers line up for IMM-led $1.3 bn Hanssem deal
LX Hausys Ltd., South Korea's leading building materials maker, on Monday announced a plan to join Seoul-based IMM Private Equity in acquiring a con...
Sep 06, 2021 (Gmt+09:00)