Companies
Mobile DRAMs
SK Hynix produces mobile DRAM with industry’s largest capacity
SK Hynix Inc., South Korea’s second-largest chipmaker, has started mass production of 18 gigabyte (GB) mobile DRAM, which offers the industry’s largest capacity.The company said in a statement on Mar. 8 that it has begun manufacturing th
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OLED TVs
LG Display, Disney promote OLED TV using animation film
South Korea-based display panel maker LG Display Co. and Walt Disney have teamed up to highlight the benefits of OLED TV by using the latest animatio...
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EV batteries
US ITC says 10-year import ban on SK not excessive
The US International Trade Commission (ITC) has stated that the 10-year exclusion order prohibiting SK Innovation Co. from importing battery products...
Mar 05, 2021 (Gmt+09:00)
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Beer market
Shinsegae to enter Korean beer market with Lets Fresh Today brand
South Korea’s Shinsegae Group is entering the local beer market under the Lets Fresh Today brand as the retail giant is expanding its presence ...
Mar 05, 2021 (Gmt+09:00)
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EV battery plants
LG Energy, GM in talks to build 2nd EV battery plant in Tennessee
South Korea’s LG Energy Solution Ltd. is exploring building a second electric car battery plant in the US with joint venture partner General Mo...
Mar 05, 2021 (Gmt+09:00)
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EV recalls
Hyundai, LG Energy agree to split EV recall costs, reflect in Q4 results
Hyundai Motor Co. and LG Energy Solution Ltd. have agreed on how to split the costs of replacing the electric vehicle batteries made by the LG Group ...
Mar 05, 2021 (Gmt+09:00)
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3D avatars
Avatar app Zepeto becomes playground for MZers
The Blackpink House is a bucket list destination for fans of the K-pop girl group Blackpink. The house is decorated with images of the group, current...
Mar 04, 2021 (Gmt+09:00)
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EV batteries
US politicians urge review of ITC ruling over LG, SK battery dispute
The trade secret dispute between LG Energy Solution Ltd. and SK Innovation Co. is taking a new turn as US state politicians raise their voices agains...
Mar 04, 2021 (Gmt+09:00)
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Image sensors
SK Hynix to unveil industry’s smallest pixel image sensor, eyes $24.9 bn market
Leading global chipmaker SK Hynix Inc. plans to unveil the industry’s smallest 0.7-micrometer pixel image sensor this year to enhance its pres...
Mar 04, 2021 (Gmt+09:00)
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Samsung Group
Lee Kun-hee’s lavish art collection fuels debate on tax payment scheme
The late Samsung Chairman Lee Kun-hee’s lavish art collection is driving South Korea’s art circle to pressure lawmakers to amend the coun...
Mar 04, 2021 (Gmt+09:00)
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EV battery materials
POSCO's lithium reserves in Argentina soar to $31 bn
The value of lithium reserves at a salt lake in Argentina, which South Korean steelmaker POSCO acquired for $280 million in 2018, is estimated to hav...
Mar 04, 2021 (Gmt+09:00)
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Cryptocurrencies
Crypto exchange sale stalls amid Bitcoin boom
The sale process of Bithumb, South Korea's largest cryptocurrency exchange, is taking longer than expected due to a spike in its price tag as investo...
Mar 03, 2021 (Gmt+09:00)
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Logistics
Hyundai Glovis, Changjiu team up to boost China-Europe rail transport
South Korea-based Hyundai Glovis Co. has teamed up with China’s largest automotive logistics firm, Changjiu Group, to foster rail transport ope...
Mar 03, 2021 (Gmt+09:00)
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Hydrogen tie-up
Hyundai Heavy, Aramco form global hydrogen partnership
South Korea’s Hyundai Heavy Industries Holdings Co. and Saudi Aramco have agreed to launch a hydrogen partnership in a step toward building a g...
Mar 03, 2021 (Gmt+09:00)
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Premium TVs
Samsung launches QLED TVs, aims to retain global leadership for 16th year
Samsung Electronics Co., the world’s largest TV maker, has launched new flashy flagship TV models, with which the tech giant aims to retain its...
Mar 03, 2021 (Gmt+09:00)
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Hydrogen tie-up
Hyundai, SK in hydrogen tie-up as part of $38 bn industry cooperation
South Korea’s auto giant Hyundai Motor Group and energy conglomerate SK Group have agreed to tie up in hydrogen-related projects as part of an ...
Mar 02, 2021 (Gmt+09:00)
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Startups
Graphene Square aims global with mass production of 'wonder material'
Graphene is often called a “wonder material” because of the extraordinary properties that come from its nano-scale structure. It is an ex...
Mar 02, 2021 (Gmt+09:00)
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Fuel cell vehicles
Hyundai Motor to ramp up fuel cell car production
South Korea-based Hyundai Motor Co. has decided to produce around 17,000 units of its hydrogen fuel cell electric vehicle (FCEV) this year, thrice th...
Mar 02, 2021 (Gmt+09:00)
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EV models
Hyundai Motor's IONIQ 5 pulls in record pre-orders
Hyundai Motor Co.'s latest all-electric vehicle is making headlines in Europe, with over 10,000 users signing up for the 3,000 units of the limited e...
Mar 01, 2021 (Gmt+09:00)
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IPOs
Jeju Beer gets the nod for H1 Kosdaq listing
South Korea’s leading craft beer maker Jeju Beer Co. is set to go public in the first half of this year, following the Korea Exchange's approva...
Feb 26, 2021 (Gmt+09:00)
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Management comeback
Hanwha Group leader Kim Seung-youn returns to management
Hanwha Group leader Kim Seung-youn is returning to management seven years after he was banned from business activities following his conviction for e...
Feb 26, 2021 (Gmt+09:00)
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Insolvency protection
Ssangyong Motor gets extended grace period before court-led revamp
Ssangyong Motor Co. has received court approval to extend the two-month suspension of its debt obligations and find a new investor for the South Kore...
Feb 26, 2021 (Gmt+09:00)
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Stock split
Kakao to split stock 5-for-1 after share price hits record high
Kakao Corp. will split its stock on a five-for-one basis in April, which the South Korean mobile messaging app giant said would make the stock more a...
Feb 26, 2021 (Gmt+09:00)
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M&As
Naver invests €115 mn in Spain’s virtual marketplace Wallapop
Naver Corp., South Korea’s top online portal, has invested €115 million in Wallapop, a Spanish virtual marketplace, as part of its efforts...
Feb 25, 2021 (Gmt+09:00)
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DRAM supercycle
Signs of upcoming DRAM boom cycle loom large amid price uptrend
Signs that the global DRAM market is entering a boom cycle are looming large with chip prices on an ascending trendline and major chipmakers spending...
Feb 25, 2021 (Gmt+09:00)
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Shareholder activism
US hedge fund Whitebox Advisors says to vote against LG’s planned spin-off
US-based hedge fund Whitebox Advisors LLC plans to vote against the proposed spin-off of South Korea’s LG Corp. at the upcoming general meeting...
Feb 25, 2021 (Gmt+09:00)
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EV recalls
Hyundai to recall some 82,000 EVs over fire risk; cost seen at $900 mn
Hyundai Motor Co. said on Wednesday that it will recall 81,701 units of its electric vehicles sold worldwide over fire risk, in a move that could cos...
Feb 24, 2021 (Gmt+09:00)
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TV content platforms
LG Electronics enters TV content platform market with its webOS software
South Korea’s LG Electronics Inc. is entering the TV content platform market by offering its web-based software to TV makers through a partners...
Feb 24, 2021 (Gmt+09:00)
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M&As
Shinsegae buys baseball club in quest for retail-sports synergy
The vice-chairman of South Korea’s retail giant Shinsegae Group, Chung Yong-jin, has a reputation of being an early adopter. He's known to be s...
Feb 24, 2021 (Gmt+09:00)
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K-pop
Fresh attempts to produce K-pop boy bands abroad raise eyebrows
Last month, South Korea-based Big Hit Entertainment Co. announced plans to team up with Universal Music Group to debut a K-pop boy band in the US. Th...
Feb 24, 2021 (Gmt+09:00)
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