target prices
Scope
Date
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Batteries
POSCO revises up 2030 cathode output target by 40%
POSCO Future M Co. is aiming to be South Korea’s largest cathode material producer by 2030, by when it hopes its output will sharply exceed th...
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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Electronics
LG Electronics sets up 1st global R&D center in Indonesia
South Korean home appliance giant LG Electronics Inc. opened its first overseas research and development center in Indonesia on Thursday to accelera...
Jul 06, 2023 (Gmt+09:00)
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Korean stock market
GS E&C loses $230 mn market capitalization in one day
GS Engineering & Construction Co.'s stock price plummeted on Thursday in the aftermath of the underground parking lot collapse. Following the Mi...
Jul 06, 2023 (Gmt+09:00)
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Electronics
LS Cable commercializes world's thinnest LAN cable
South Korea's LS Cable & System announced Wednesday that it has brought to market the world's thinnest LAN cable with a 6 mm outer diameter, cap...
Jul 05, 2023 (Gmt+09:00)
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Batteries
SKC to invest $3.8 bn in secondary battery materials by 2025
South Korea's chemical material maker SKC will invest over 5 trillion won ($3.8 billion) in three sectors -- secondary batteries, semiconductors and...
Jul 05, 2023 (Gmt+09:00)
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Corporate investment
SK Square, SK Hynix set up $77 million chip investment unit
SK Square Co. and SK Hynix Inc., together with two other South Korean companies, have launched a 100 billion won ($77 million) joint investment unit...
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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Electronics
Samsung targets gaming market with dedicated online store
Samsung Electronics Co., the world’s second-largest smartphone maker, is looking to expand its presence in the lucrative global gaming market ...
Jun 30, 2023 (Gmt+09:00)
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Food & Beverage
Dongwon F&B selects virtual human family as brand model
South Korea's food and beverage company Dongwon F&B Co. announced on Friday that it has selected a virtual human family as the model for its pre...
Jun 30, 2023 (Gmt+09:00)
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Korean stock market
S-Oil hits 52-week low on earnings concerns
S-Oil Corp. hit a 52-week low on Thursday as analysts slashed earnings estimates for the South Korean oil refiner.The stock hit its lowest level sin...
Jun 29, 2023 (Gmt+09:00)
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Electronics
Samsung Display to dump entire stake in LCD equipment maker
South Korea’s Samsung Display Co. is set to sell its stake in a domestic liquid crystal display equipment maker as the unit of global tech gia...
Jun 29, 2023 (Gmt+09:00)
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Automobiles
EVs lack luster in S.Korea’s secondhand car market
Electric vehicles suffered sharper price falls in South Korea’s secondhand car market this year, compared with combustion engine and hybrid ca...
Jun 28, 2023 (Gmt+09:00)
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Electronics
LG Electronics targets EdTech market in US
LG Electronics Inc. is showcasing a lineup of acclaimed products designed for the education sector at the International Society for Technology in Ed...
Jun 27, 2023 (Gmt+09:00)
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Food & Beverage
South Korea’s next price cut target to ease inflation; flour prices
South Korea urged domestic millers to cut flour prices after demanding a similar move to instant noodle makers to further ease inflationary pressure...
Jun 26, 2023 (Gmt+09:00)
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Electronics
LG Innotek to spend $1 bn to double Vietnam output capacity
South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, is set to invest $1 billion in Vietnam to more than double its...
Jun 26, 2023 (Gmt+09:00)
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Machinery
HD Hyundai Infracore targets eco-friendly equipment market
HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, is set to make inroads into the eco-friendly sector...
Jun 26, 2023 (Gmt+09:00)
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Culture & Trends
S.Korean content biz event in Indonesia targets SE Asian consumers
An export conference for South Korean content this week in Jakarta, Indonesia, targeted the Southeast Asian market's population of 600 million.The I...
Jun 23, 2023 (Gmt+09:00)
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Food & Beverage
US burger chain Five Guys to launch in South Korea on June 26
The American burger chain Five Guys, which has attracted keen interest in South Korea for its service and prices even before its entry into the coun...
Jun 23, 2023 (Gmt+09:00)
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Bio & Pharma
LegoChem Bio receives FDA approval for phase 1,2 trials of LCB84
South Korean pharmaceutical firm LegoChem Biosciences Inc. announced on Thursday that it has received approval from the US Food and Drug Administrat...
Jun 23, 2023 (Gmt+09:00)
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Private equity
Korea’s SK Square sells off entire stake in Grab as shares tumble
SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint venture with Grab Holding...
Jun 22, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems, Leonardo collaborate on developing AESA radar
Hanwha Systems Co., a South Korean defense contractor, has joined forces with Leonardo SpA, a leading European defense company, to jointly develop a...
Jun 22, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US
Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...
Jun 20, 2023 (Gmt+09:00)
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Bio & Pharma
Syntekabio expands to US with local CRO
South Korean artificial intelligence (AI) drugmaker Syntekabio Inc. has partnered up with a US clinical research organization (CRO) to enter the wor...
Jun 20, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea urges ramen makers to cut prices to ease inflation
South Korean instant noodle makers are considering price cuts for the first time in 13 years pressured by the government, which aims to further ease...
Jun 19, 2023 (Gmt+09:00)
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Robotics
POSCO targets robotic automation solutions for new growth
SEONGNAM, Gyeonggi Province -- POSCO DX Co., the IT services subsidiary of South Korea’s largest steelmaker POSCO Group, aims to enter the rob...
Jun 15, 2023 (Gmt+09:00)
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Korean chipmakers
Market views turn bullish on Samsung as AI-led chip demand rises
Views on leading memory chipmaker Samsung Electronics Co. are becoming more bullish as the South Korean tech giant is expected to benefit from a ris...
Jun 15, 2023 (Gmt+09:00)
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Korean chipmakers
Chip prices likely to rise in H2: KB Securities
KB Securities predicted on Thursday that semiconductor prices are likely to rise in the second half of the year due to the decrease in production ca...
Jun 15, 2023 (Gmt+09:00)
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Korean stock market
Goldman Sachs slashes Korean cathode stock targets; market ignores
Goldman Sachs Group Inc. has slashed the target prices of South Korean top cathode stocks, namely EcoPro BM Co. and POSCO Future M Co., by nearly ha...
Jun 13, 2023 (Gmt+09:00)
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Webtoons
Big Tech, Japanese comics publishers target webtoon business
Big Tech have started webtoon services while major Japanese comic book publishers are gearing up for the business, threatening South Korea’s o...
Jun 12, 2023 (Gmt+09:00)