Chip shortages

GM Korea to curb output amid chip shortages

GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign that a global shortage of automotive chips is putting carmakers under increasing pressure.An overtime s

Fashion platforms

S.Korea's online fashion platform aims global

Online fashion platform Musinsa Co., a familiar name among Gen Zers and millennials in South Korea, is ready to go global. This month, the Korean company is set to launch its Japan-based operations and venture into the European markets.On Jan. 21, th

Foundry business

Samsung Elec wins first foundry order from Intel

Samsung Electronics Co. has clinched its first order from Intel Corp. to manufacture Intel-designed chips, as the world’s top memory chipmaker ramps up its foundry business. Intel has recently outsourced production of its southbridge chipsets,

EV batteries

SK Innovation acquires stake in China EV battery service firm

SK Innovation Co. has signed a deal to acquire a 13% stake in a Chinese electric vehicle battery-swap station operator, as the South Korean company seeks to expand its business in the world’s largest auto market.With the stake purchase, SK Inno

M&As

Vingroup interested in LG’s smartphone business: reports

M&As

Naver to acquire web novel platform Wattpad for $593 mn

M&As

Lotte Chem ready to bid for JSR’s synthetic rubber business

M&As

Internet portal Naver in talks to buy Korea’s Jeju Bank

ESG bonds

Hana Bank issues $600 mn in negative-yield bonds

EV battery

SK's US battery arm sells $1 bn green bonds at lower rates

ESG bonds

Hyundai Steel receives $1.9 bn in orders for green bonds

ESG bonds

Kia to issue global green bonds for future mobility