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Scope
Date
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Shipping & Shipbuilding
S.Korea's shipbuilders near $9.4 bn in LNG carrier orders from Qatar
South Korea's top three shipbuilders -- HD Hyundai Heavy Industries Co., Hanwha Ocean Co. and Samsung Heavy Industries -- as early as September wi...
Jul 27, 2023 (Gmt+09:00)
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Earnings
Hyundai E&C beats Q2 profit estimates on strong foreign deals
Hyundai Engineering & Construction Co., South Korea’s leading builder, reported better-than-expected profit in the second quarter thanks t...
Jul 21, 2023 (Gmt+09:00)
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Bio & Pharma
NKMax to supply health functional food to Chinese company
South Korean natural killer cell drug maker NKMax Co. announced in a regulatory filing on Friday that it has signed a supply contract with China's S...
Jul 21, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to advance future mobility with nanotechnology
Hyundai Motor Group, which seeks to pivot from a fast follower to a game changer in the global auto sector, has unveiled advanced materials technolo...
Jul 20, 2023 (Gmt+09:00)
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Retail
Alibaba launches express ships to S.Korea as orders surge
Alibaba.com, China’s largest online marketplace, launched an express cargo ship service between South Korea and China this week to meet a surg...
Jul 20, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE secures order for world's largest liquefied CO2 carrier
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an intermediate subsidiary of HD Hyundai Co., has successfully won a contract to build t...
Jul 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Heavy Industries gets early jump on green vessel market
South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using its own technology and...
Jul 19, 2023 (Gmt+09:00)
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Mergers & Acquisitions
The Swing buys van-hailing service Tada for $19 mn
South Korea's personal mobility platform company The Swing Co. has acquired the management rights of the van-hailing service Tada.Negotiations betwe...
Jul 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen
Samsung Heavy Industries Co., a leading South Korean shipbuilder, has won a 3.96 trillion won ($3.13 billion) deal to build 16 methanol-powered cont...
Jul 17, 2023 (Gmt+09:00)
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ESG
SK’s Tmap enhances ESG efforts by navigating lowest-carbon routes
South Korea’s leading mobility platform Tmap Mobility Co. has stepped up its environmental, social and governance (ESG) efforts via its naviga...
Jul 17, 2023 (Gmt+09:00)
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Future mobility
Samsung to participate in Germany's IAA Mobility in September
Samsung Electronics Co.'s Device Solutions (DS) division and Samsung Display Co. will participate in the future mobility show "IAA Mobility," which ...
Jul 14, 2023 (Gmt+09:00)
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Automobiles
Hyundai Transys wins Red Dot Design Award
South Korean auto powertrain and seat maker Hyundai Transys announced on Monday that it has won the Winner prize at the "2023 Red Dot Design Award."...
Jul 10, 2023 (Gmt+09:00)
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Earnings
LG Elec Q2 profit misses forecast on costs; stocks tumble
LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs related to job cuts, ...
Jul 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
NHN Cloud to boost mobile games operations in Japan
South Korea's NHN Cloud on Friday said that at this year's Game Tools & Middleware Forum (GTMF) in Japan, it gave a presentation on security bre...
Jul 07, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE secures $319 mn contract for three VLGC
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., announced on Friday tha...
Jul 07, 2023 (Gmt+09:00)
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Batteries
LG Energy triples lithium orders from SQM for US benefits
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, agreed to nearly triple lithium procurement from Sociedad ...
Jul 07, 2023 (Gmt+09:00)
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Earnings
Samsung chip turnaround likely in second half after dismal Q2
Samsung Electronics Co. expects to see light at the end of the tunnel with a likely turnaround of its mainstay chip business in the second half afte...
Jul 07, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s restyled Santa Fe to revive SUV boom in S.Korea
South Korea’s top automaker Hyundai Motor Co. is set to release a next-generation model of its steady-seller Santa Fe SUV this quarter, leadin...
Jul 04, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE bags $2.3 bn in vessel orders, achieves 90% of 2023 target
South Korea’s biggest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has recently bagged over 3 trillion won ($2.3...
Jul 03, 2023 (Gmt+09:00)
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Automobiles
Genesis GV80 to come with LG’s OLED auto display in close tie-up
Hyundai Motor Co.'s premium brand Genesis will be equipped with LG Display Co.'s organic light-emitting diode (OLED) automotive display for its...
Jul 03, 2023 (Gmt+09:00)
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Electric vehicles
LG Uplus, Kakao Mobility to form EV charging JV
South Korea’s third-largest mobile carrier LG Uplus Corp. and transportation company Kakao Mobility announced on Monday their strategic allian...
Jul 03, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom adds ChatGPT-based services to A Dot
South Korea's SK Telecom Co. announced on Friday that it has completely revamped the user experience (UX) and added ChatT, based on ChatGPT, to allo...
Jun 30, 2023 (Gmt+09:00)
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Automobiles
LG sees $76 bn in 2023 vehicle system order backlog
The automotive electronics business is emerging as a new cash cow for South Korea’s LG Electronics Inc., a household name in the home applianc...
Jun 30, 2023 (Gmt+09:00)
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Energy
Doosan inks $214 mn deal for Korea combined cycle power plant
Major South Korean power plant builder Doosan Enerbility Co. won a 280 billion won ($214.5 million) deal to supply key components such as a gas tu...
Jun 28, 2023 (Gmt+09:00)
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Future mobility
Kakao Mobility to develop mobility platform with Vietnam’s Phenikaa
South Korea's Kakao Mobility and Vietnam's Phenikaa Group have entered into a business agreement to foster technology collaboration within the mobil...
Jun 27, 2023 (Gmt+09:00)
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Energy
Korea’s KHNP wins project for tritium removal plant in Romania
State-backed Korea Hydro & Nuclear Power Co. (KHNP) has won a €200 million order to build a tritium removal facility (TRF) at a nuclear pow...
Jun 27, 2023 (Gmt+09:00)
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Future mobility
Kakao Mobility to develop EV, self-driving tech with Vietnam's Vingroup
South Korea's Kakao Mobility is collaborating with Vietnam's No. 1 corporation Vingroup JSC and Southeast Asia's biggest information and communicati...
Jun 26, 2023 (Gmt+09:00)
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Automobiles
Three-fifths of Kia EV9 pre-order customers are new to Kia
About 60 percent of reservations for the EV9, Kia Corp.'s large electric SUV, are first-time buyers for the brand."Sixty percent of the individual c...
Jun 26, 2023 (Gmt+09:00)
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Construction
S.Korean builders feel tailwind from Middle East
South Korean construction companies, struggling with soaring raw material prices and higher interest rates, are poised to bounce back with a string ...
Jun 23, 2023 (Gmt+09:00)
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Shareholder activism
Tribunal partially accepts Elliott’s claims over Samsung merger
The International Center for Settlement of Investment Disputes (ICSID) on Tuesday ruled in favor of US-based hedge fund Elliott Investment Managemen...
Jun 20, 2023 (Gmt+09:00)