global strategy meeting
Scope
Date
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Logistics
Hyundai Glovis signs $796 million shipping deal with global automaker
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...
Nov 11, 2022 (Gmt+09:00)
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Earnings
Lotte Chemical posts deficit for second straight quarter
Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...
Nov 09, 2022 (Gmt+09:00)
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Economy
Falling Korea current account surplus heightens economic woes
South Korea’s current account surplus has shrunk on falling exports, adding to concerns over a slowdown in Asia’s fourth-largest economy...
Nov 08, 2022 (Gmt+09:00)
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Chemical Industry
Aekyung Chemical develops 1st domestically made refrigeration lubricant
Korea's Aekyung Chemical, an affiliate of Aekyung Group, along with GS Caltex, has made the nation's first localized refrigeration lubricant in line...
Nov 08, 2022 (Gmt+09:00)
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Economy
Intensify 'friend-shoring' to boost foreign direct investment: Baldwin
Global businesses are forecast to suffer supply chain disruptions next year amid worsening geopolitical risk, such as the Russia-Ukraine war and pro...
Nov 07, 2022 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics in CDO deal talks with global pharma firm
FRANKFURT – Samsung Biologics Co., the world’s largest contract drugmaker, is in talks to develop medicines for a global pharmaceutical ...
Nov 07, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea's shipbuilding order volume to plummet next year: report
South Korea's shipbuilders fear seeing their orders next year plummet by over 40% on-year due to disruptions in related financing amid surging inter...
Nov 07, 2022 (Gmt+09:00)
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Batteries
SK IE Technology to embark on non-deal roadshow in Hog Kong, Singapore
SK IE Technology Co. (SKIET), a unit of South Korea’s energy and battery maker SK Innovation Co., said on Friday it is embarking on a non-deal...
Nov 04, 2022 (Gmt+09:00)
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Electronics
Korean LED maker marks 100th victory in global patent wars
Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...
Nov 04, 2022 (Gmt+09:00)
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Corporate strategy
Market Kurly drops Market from platform name to expand business scope
South Korea’s Kurly Inc. has changed the name of its grocery delivery service platform Market Kurly to Kurly as part of its corporate strategy...
Nov 02, 2022 (Gmt+09:00)
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Shareholder activism
Game publisher Com2uS buys $47 mn worth of SM Entertainment shares
South Korean mobile and online game developer and publisher Com2uS Corp. acquired a whopping 67 billion won ($47 million) worth of SM Entertainment ...
Nov 01, 2022 (Gmt+09:00)
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Food & Beverage
Domino’s Korea to use third party delivery agents, the franchise's first case
It took a whole year for Domino’s Korea to convince the Michigan-based delivery pizza behemoth for an exemption to its corporate guidance of u...
Oct 31, 2022 (Gmt+09:00)
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Electronics
Samsung smartphone shipments down 7.4% in Q3; outlook dim
Samsung Electronics Co. suffered a drop in smartphone shipments during the third quarter on weak demand, adding to concerns over the sector’s ...
Oct 28, 2022 (Gmt+09:00)
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ASK 2022
Korea Post's insurance arm uses buyout, senior debt as core strategies
Korea Post’s insurance bureau will maintain its core-satellite strategy in private equity and debt investments for both stable revenue streams...
Oct 27, 2022 (Gmt+09:00)
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ASK 2022
NPS considers new investment in global real estate
South Korea’s National Pension Service (NPS) is open to new investments in overseas real estate, the pension fund’s American real estate...
Oct 26, 2022 (Gmt+09:00)
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ASK 2022
Teachers' Pension continues focus on global residential, logistics
South Korea’s Teachers’ Pension (TP) will continue its focus on residential and logistics in global real estate investments next year, t...
Oct 26, 2022 (Gmt+09:00)
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Aerospace & Defense
Korea eyes $20 bn in weapons exports as Hanwha inks $6 bn Polish deal
South Korea has moved a step closer to achieving a record 28 trillion won ($20 billion) in weapons exports this year, with Hanwha Defense Co. clinch...
Oct 20, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea to widen tech gap with global shipbuilding rivals
South Korea, the world’s largest shipbuilding country, will expand its production of high-value-added specialized vessels, such as liquefied h...
Oct 20, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung mulls new foundry plant in Europe, to expand outsourcing
Samsung Electronics Co., the world’s largest memory chipmaker, is considering expanding outsourced chip production and building a new foundry ...
Oct 19, 2022 (Gmt+09:00)
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Pension funds
Korea's NPS seeks new CIO as Ahn ends term Oct. 18
South Korea’s National Pension Service (NPS) is looking for a new chief investment officer (CIO) as former CIO Ahn Hyo-joon’s term ended...
Oct 19, 2022 (Gmt+09:00)
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Batteries
POSCO Chemical may clinch megadeal to supply cathode to Ford Motor
POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., is looking to forge a long-term contract to supply cathode, a key...
Oct 18, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Kakao’s power outage casts doubts over growth strategies
South Korea’s mobile platform giant Kakao Corp. is facing increasing concern over its growth strategies centered on business expansions throug...
Oct 17, 2022 (Gmt+09:00)
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Asset management
Samsung Asset says to pursue global, active, bond-type ETFs
Samsung Asset Management Co., South Korea’s largest exchange-traded fund (ETF) manager, will focus on global, active and bond-type ETFs, as we...
Oct 17, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Zuckerberg meets with Samsung executives over Meta Quest Pro
SILICON VALLEY – Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc., has met with senior officials of Samsung Electronics C...
Oct 17, 2022 (Gmt+09:00)
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Bio & Pharma
Korean bio suffers as weak won lifts global clinical trial costs
South Korean biopharmaceutical firms are facing challenges in clinical trials overseas alongside the rising Korean won to the US dollar exchange rat...
Oct 14, 2022 (Gmt+09:00)
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Business & Politics
US DOE officials in Seoul to meet with Hyundai Motor, battery makers
US Department of Energy officials are in South Korea to discuss details of its electric vehicle and battery tax credit law with Korean government of...
Oct 13, 2022 (Gmt+09:00)
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Batteries
POSCO Holdings to invest extra $1.1 billion in Argentine lithium plant
POSCO Group, which owns South Korea’s largest steelmaker, plans to invest an additional $1.09 billion, or 5 trillion won, in its lithium produ...
Oct 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Korea's Naver to ramp up global IR activity as stock continues decline
South Korea’s online portal giant Naver Corp. is poised to hire an investor relations (IR) executive whose chief responsibility will be to com...
Oct 11, 2022 (Gmt+09:00)
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Asset management
NFT to become game changer in new era: KED Conference in New York
NEW YORK – Non-fungible tokens (NFTs) will significantly influence a wide range of industries as millions of global investors flock to th...
Oct 06, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix hikes use of locally produced neon gas for chip manufacture
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it will significantly raise the use of locally produced neon, a ...
Oct 05, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer