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Korean chipmakersSamsung, TSMC in heated race for industry’s smallest 3 nm process node
The world’s two largest foundry chipmakers, Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co., are...
Aug 04, 2021 (Gmt+09:00)
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EV BatteriesSK Innovation to split battery unit in October, seeks IPO
South Korea’s top energy company SK Innovation Co. decided to split off its battery business in October with a plan to lis...
Aug 04, 2021 (Gmt+09:00)
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Capital raisingKKR, IMM PE in bid for SK E&S' $2 bn preferred shares
KKR & Co., IMM Private Equity and Glenwood Private Equity are among the preliminary bidders for 2 trillion won ($1.9 billion...
Aug 04, 2021 (Gmt+09:00)
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AutomobilesHyundai, Kia US sales slower despite strong growth
Hyundai Motor Group reported a near 30% rise in US sales last month, but the growth is decelerating as the world’s second-...
Aug 04, 2021 (Gmt+09:00)
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Digital currencySamsung Group joins Kakao in Bank of Korea’s digital currency project
Samsung Group will be working together with Kakao Corp. on the digital currency simulation project led by South Korea’s ce...
Aug 04, 2021 (Gmt+09:00)
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Korean stock marketSamsung Electronics’ stock stages a rebound as outlook concerns ease
Shares of Samsung Electronics Co. have risen above the psychologically important level as foreign and institutional investors re...
Aug 04, 2021 (Gmt+09:00)
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Private equityHeirless, baby boomer SME owners in search of buyers
The son of a South Korean manufacturing company's owner, with a Ph.D degree in engineering, has refused to take over his father'...
Aug 04, 2021 (Gmt+09:00)
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Beauty & CosmeticsSeoul to create K-beauty road as part of interactive tourism
South Korea’s capital city Seoul will set up a walking route full of beauty products, services and interactive programs fo...
Aug 04, 2021 (Gmt+09:00)
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PharmaceuticalsDaewoong Pharmaceutical aims to top $4 bn in sales by 2027
South Korea-based Daewoong Pharmaceutical Co. is hoping to achieve 5 trillion won ($4.4 billion) in sales by 2027, meaning that ...
Aug 04, 2021 (Gmt+09:00)
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AutomobilesCarmakers log strong profits despite chip shortage
Global carmakers such as Stellantis N.V., BMW, Ford Motor Co. and Hyundai Motor Group surprised investors with strong earnings d...
Aug 04, 2021 (Gmt+09:00)
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Fiber & TextileKolon Industries posts strong Q2 results with growth in all key areas
Kolon Group’s industrial materials maker Kolon Industries Inc. saw a quarterly operating profit over 100 billion won ($87 ...
Aug 04, 2021 (Gmt+09:00)
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Business & PoliticsThe art of the apology
Apologies are a thorny topic for business executives and private individuals alike. How should a company or an organization issue ...
Aug 04, 2021 (Gmt+09:00)