samsung hyundai lg sk fortune 500
Scope
Date
~
-
Korean chipmakers
Samsung Elec. executes surprise chip executive reshuffle
Samsung Electronics Co. undertook an unexpected personnel reshuffle on Thursday, involving 20 employees, to hold them accountable for a lower-than-e...
Jun 03, 2022 (Gmt+09:00)
language -
Arts
LG to sponsor Guggenheim’s move for tech-based art
LG Group, South Korea’s No. 4 conglomerate, is set to support the Guggenheim’s move for technology-based art as the consumer electronics...
Jun 03, 2022 (Gmt+09:00)
language -
Batteries
LG Chem, Korea Zinc affiliate KEMCO to launch battery precursor JV
South Korea’s top chemicals company LG Chem Ltd. and the world’s largest zinc and lead smelter Korea Zinc Co. have agreed to launch a ba...
Jun 02, 2022 (Gmt+09:00)
-
Hydrogen economy
SK Gas, Lotte Chemical to launch JV for hydrogen power generation
SK Gas Co., a South Korean major liquefied petroleum gas (LPG) provider, and Korean chemicals firm Lotte Chemical Corp. are slated to set up a joint...
Jun 02, 2022 (Gmt+09:00)
-
Future mobility
Why Samsung didn't join race for S.Korea's air taxi project
Samsung, a name seen everywhere in South Korea from apartment complexes to home appliances, is missing on the list of bidders for the country’...
Jun 02, 2022 (Gmt+09:00)
language -
Mergers & Acquisitions
SKC to sell plastic film business to Hahn & Co. for $1.3 billion
SKC Ltd., the chemical materials unit of South Korea’s SK Group, is selling its plastic film business to private equity firm Hahn & Co. fo...
Jun 02, 2022 (Gmt+09:00)
language -
Corporate restructuring
SK set to buy stake in Bill Gates' TerraPower
SK Innovation Co., South Korea's leading petrochemical company, is planning to buy a stake in TerraPower, a US nuclear power venture founded by Bill...
Jun 02, 2022 (Gmt+09:00)
-
Batteries
LG Chem to launch JV with China's Huayou Cobalt for battery materials
LG Chem Ltd. announced Tuesday it will set up a joint venture with Chinese mining company Zhejiang Huayou Cobalt Co. to secure a steady supply of ra...
Jun 01, 2022 (Gmt+09:00)
-
Robotics
Hyundai Robotics, Vodafone to provide service robots in Germany
South Korean robotics firm Hyundai Robotics Co. announced it signed a letter of intent for a business partnership with global telecommunications gia...
May 31, 2022 (Gmt+09:00)
-
Automobiles
Hyundai’s luxury Genesis goes bespoke under One of One brand
Owning a luxury car with the design, interior finish or even engine power to one's liking is what drivers dream of but seems out of reach for most.G...
May 31, 2022 (Gmt+09:00)
language -
Retail
South Korean millennials pay premium for authentic luxury items
South Korea’s traditional retail heavyweights are the unexpected winners of the recent counterfeit controversy in the high-end fashion industr...
May 31, 2022 (Gmt+09:00)
-
Korean startups
Hyundai Motor Group to launch $80 mn startup fund
Hyundai Motor Group and the group’s social contribution foundation will create a domestic startup fund to invest a total of 100 billion won ($...
May 31, 2022 (Gmt+09:00)
language -
Business & Politics
Samsung leader Lee, Intel CEO Gelsinger discuss chip alliance
Samsung Group’s de facto leader Jay Y. Lee on Monday met with visiting Intel Corp. Chief Executive Pat Gelsinger in Seoul to explore ways to f...
May 30, 2022 (Gmt+09:00)
language -
Real estate
KTCU posts $141 mn return via landmark office exit
The sale of South Korea’s landmark office Alpharium Tower has been completed for 1.02 trillion won ($827.3 million), marking a record-high pri...
May 30, 2022 (Gmt+09:00)
-
Batteries
Why batteries were left out of Samsung's huge investment plan
Citigroup Global Markets on Monday slashed its target price for Samsung SDI Co., one of South Korea's top three battery makers, by almost half and d...
May 30, 2022 (Gmt+09:00)
-
Electric vehicles
Hyundai, Kia speed up expansion in European EV market
Hyundai Motor Co. and Kia Corp., South Korea’s top two automakers, are expanding their presence in Europe, the world’s second-largest el...
May 30, 2022 (Gmt+09:00)
-
Mobile networks
SK transmits 5G, mobile edge computing-based TV signals
South Korea’s SK Telecom Co. has become the world’s first company to transmit television signals on the 5G and mobile edging computing (...
May 30, 2022 (Gmt+09:00)
-
Batteries
SK On to bolster US business with Ford's EV pickup truck sales
SK On Co., South Korea’s leading electric vehicle battery manufacturer, is expected to improve production capacity as its client Ford Motor Co...
May 29, 2022 (Gmt+09:00)
-
Shareholder value
LG to buy back $398 mn of its own shares
South Korean conglomerate LG Corp., known as LG Group, announced on May 27 that it will buy back 500 billion won ($398.1 million) of its own share...
May 29, 2022 (Gmt+09:00)
-
Metaverse
VA Corp. to build Asia’s largest virtual studio with LG’s LED displays
VA Corp. (VAC), a South Korean visual effects production startup, is building Asia’s largest virtual studio complex equipped with super-large ...
May 27, 2022 (Gmt+09:00)
-
Pension funds
GEPS taps Samsung Life's alternative investment head as CIO
Government Employees Pension Service (GEPS) of South Korea has named Baek Joo-hyun, former alternative investment head at Samsung Life Insurance Co....
May 27, 2022 (Gmt+09:00)
-
Construction
Samsung Eng. wins plant design deal from Texas LNG
South Korea’s Samsung Engineering Co. has won a deal to design a liquefied natural gas plant in Texas, taking a step forward to secure a turnk...
May 27, 2022 (Gmt+09:00)
-
Behind the Scenes
Samsung in do-or-die race with $355 bn spending plan
"It's not a matter of numbers, but a matter of do or die for us."This is the first public remark from Samsung Electronics Co. Vice Chairman and de f...
May 26, 2022 (Gmt+09:00)
language -
Corporate investment
LG bets $34 bn on battery, automotive electronics biz for its future
LG Group, South Korea’s fourth-largest conglomerate, is set to pour $34 billion into the battery, automotive electronics and other future grow...
May 26, 2022 (Gmt+09:00)
language -
Corporate investment
SK takes aim at chips, batteries, bio with $195 billion investment
SK Group, South Korea’s second-largest conglomerate after Samsung, on Thursday announced a plan to invest 247 trillion won ($195 billion) in k...
May 26, 2022 (Gmt+09:00)
language -
Carbon neutrality
SK E&S, Australia’s Santos eye joint carbon capture, hydrogen projects
SK E&S Co., the natural gas business unit of South Korea’s SK Group, and Australia’s leading energy company Santos Ltd. are seeking ...
May 26, 2022 (Gmt+09:00)
-
Korean startups
Childcare app Piloto aims to instill healthy device use
Childcare app operator Piloto won first place at the May startup demo event hosted by D.Camp. The startup accelerator’s parent company,...
May 25, 2022 (Gmt+09:00)
-
Batteries
LG Energy, SK On to raise yields with smart factory solutions
LG Energy Solution Ltd. and SK On Co., the world’s No. 2 and No. 5 electric vehicle battery makers, plan to adopt smart factory solutions to i...
May 25, 2022 (Gmt+09:00)
-
Corporate investment
Hyundai to spend $30 bn on improving quality of combustion engine cars
Hyundai Motor Group will invest 63 trillion won ($50 billion) in its domestic businesses through 2025 to strengthen its competitiveness in electrifi...
May 25, 2022 (Gmt+09:00)
language -
Electronics
Samsung further expands global TV market share in Q1
Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...
May 24, 2022 (Gmt+09:00)
language
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore