ship engine maker
Scope
Date
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Korean SMEs
Korea’s SFA Engineering aims for top spot in smart factory market
SFA Engineering Corp., a small South Korean equipment maker, has for decades been known for its automated machines used in the manufacture of displa...
May 09, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy's engine unit emerges as golden goose
Hyundai Heavy Industries Co., a South Korean shipbuilding giant, is seeing its marine engine business unit emerge as the company’s cash cow.Th...
May 02, 2022 (Gmt+09:00)
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Electronics
LG Display to drastically cut LCD output as Chinese rivals churn it out
LG Display Co., a major South Korean display panel maker, plans to drastically cut production of its liquid crystal display panels for TVs, as it fa...
May 02, 2022 (Gmt+09:00)
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Electric vehicles
SK, BlackRock team to bet on EV charging station maker
SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...
Apr 29, 2022 (Gmt+09:00)
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Earnings
Samsung’s stock underlines cloudy outlook despite record Q1
Shares of Samsung Electronics Co. fell to a fresh 52-week low on Thursday despite posting record sales for the third consecutive quarter as investor...
Apr 28, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai's self-sailing ship set for maiden cross-Pacific voyage
A liquefied natural gas (LNG) carrier with autonomous sailing systems will embark on an ocean voyage next month to become the world's first large au...
Apr 28, 2022 (Gmt+09:00)
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Batteries
LG Energy to spend more on battery capacity expansion
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to spend more on global capacity expansion than init...
Apr 27, 2022 (Gmt+09:00)
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Earnings
SK Hynix posts record Q1 sales buoyed by Solidigm, may build another fab
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it is considering building another chip fabrication line after p...
Apr 27, 2022 (Gmt+09:00)
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Electric vehicles
SK buys power semiconductor maker for EV chip business
SK Group, South Korea’s third-largest conglomerate, has geared up its electric vehicle chip business development with the acquisition of a loc...
Apr 27, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea’s LX Group seeks to acquire Magnachip Semiconductor
South Korea’s LX Group is looking to acquire US-listed Magnachip Semiconductor Corp. to create synergy with the group’s foundry affiliat...
Apr 26, 2022 (Gmt+09:00)
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Mergers & Acquisitions
COVID test kit maker SD Biosensor buys Italian medical device firm
SD Biosensor Inc., South Korea’s top manufacturer of COVID-19 test kits, said on Friday that it has signed a deal to purchase a 100% stake i...
Apr 22, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy sells undelivered drillships to PEF
South Korea's Samsung Heavy Industries Co. has sold its four undelivered drillships to a domestic private equity fund for a combined 1.04 trillion w...
Apr 21, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to supply chip substrate for Apple’s next-gen M2 processor
Samsung Electro-Mechanics Co. will supply its semiconductor package substrate to Apple Inc. for the US tech giant’s next-generation M2 process...
Apr 21, 2022 (Gmt+09:00)
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Food & Beverage
Korean firewater lures more young Japanese
South Korea’s distilled spirit soju is alluring more young drinkers in Japan, the home of its rival liquor shochu, as K-content such as drama ...
Apr 20, 2022 (Gmt+09:00)
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Electronics
LG Electronics widens lead over Whirlpool as top home appliance maker
LG Electronics Inc. is consolidating its lead over Whirlpool Corp. as the world’s top home appliances maker, with $1 billion more in sales rev...
Apr 19, 2022 (Gmt+09:00)
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Batteries
SK On bidders weigh growing risks of battery makers
Some of the four shortlisted bidders for South Korea's SK On Co. recently went back to the drawing board to assess the value of the world's No. 5 el...
Apr 18, 2022 (Gmt+09:00)
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Artificial intelligence
SK Telecom’s bet on air mobility, metaverse in full display at World IT Show
SK Telecom Co. is poised to show off its latest services at this year’s World IT Show slated for three days from April 20. At the large...
Apr 18, 2022 (Gmt+09:00)
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Corporate restructuring
Hanssem to remodel itself into 'living tech' company
South Korea’s furniture maker Hanssem Co. unveiled its mid-to-long-term business strategy to institutional investors on Friday. During it...
Apr 15, 2022 (Gmt+09:00)
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COVID-19
Korea firms’ Shanghai plants to remain disrupted long on lockdown
South Korean companies’ production in Shanghai is expected to remain disrupted long on the lockdown to curb the spread of COVID-19, raising co...
Apr 15, 2022 (Gmt+09:00)
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Batteries
China’s tighter grip on minerals boosts costs for Korean battery makers
South Korea’s major battery makers and materials suppliers are suffering from soaring battery raw materials prices as China is tightening its ...
Apr 12, 2022 (Gmt+09:00)
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Entertainment
SM Entertainment to find Saudi idols with Princess Haifa
South Korea’s entertainment behemoth SM Entertainment Co. will develop Saudi idols with Princess Haifa bint Mohammed Al-Saud as the kingdom ai...
Apr 07, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia rank fifth in global electric vehicle sales
South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., ranked fifth in terms of electric vehicle sales, which posted triple-di...
Apr 06, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Philippines LCS Group buys Korea’s special purpose vessel maker
The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense products to the Southe...
Apr 05, 2022 (Gmt+09:00)
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Bio & Pharma
Medytox files complaint with ITC against Hugel over botox strain
South Korean pharmaceutical company Medytox Inc. has filed a complaint with the International Trade Commission (ITC) against Hugel Inc., alleging th...
Apr 01, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Smartphone material maker NexFlex draws bidders
NexFlex Co., South Korea's largest manufacturer of flexible copper clad laminates (FCCLs) used for smartphones, has drawn around half a dozen prelim...
Apr 01, 2022 (Gmt+09:00)
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Bio & Pharma
SK Bioscience seeks multi-billion-dollar M&As, eyes gene therapy sector
SK Bioscience Co., the biopharmaceutical unit of South Korea’s SK Group, is seeking multi-billion-dollar mergers and acquisitions to expand it...
Mar 31, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Ssangyong Motor sale collapses as Edison Motors fails to pay
The planned sale of Ssangyong Motor Co. to Edison Motors Co., a small South Korean electric bus maker, has broken down as Edison failed to make full...
Mar 28, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea shipbuilders aim for strong demand on tougher rules
South Korea’s shipbuilders targeted demand for new vessels and ship modification as tougher environmental regulations are scheduled to take ef...
Mar 25, 2022 (Gmt+09:00)
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Electronics
Samsung launches LTE-only Galaxy A23 to target low-end market
Samsung Electronics Co. on Friday launched the 4G LTE Galaxy A23 smartphone, a cheaper version of its flagship Galaxy A series models, targeting the...
Mar 25, 2022 (Gmt+09:00)
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Batteries
LG Energy, Stellantis to build $4.1 billion battery plant in Canada
The world’s second-largest battery maker LG Energy Solution Ltd. and multinational automaker Stellantis N.V. have agreed to build a $4.1 billi...
Mar 24, 2022 (Gmt+09:00)
language
Latest News
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