H Jeju Moving Station
Scope
Date
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Energy
SK Energy wins first place in K-BPI gas station sector in Korea
SK Energy, an energy and petrochemical unit of South Korea's SK Group, has won first place for 17 consecutive years in the gas station sector of the...
Mar 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom establishes 5G open RAN indoor demonstration network
South Korean telecom giant SK Telecom Co. has established a 5G open RAN indoor demonstration network at its Bundang headquarters, according to an an...
Mar 23, 2023 (Gmt+09:00)
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Fintech
Samsung Pay adds Visa to overseas payment service
South Korea's mobile payment and digital wallet service Samsung Pay will allow its Visa-affiliated credit cards issued in the country to make overse...
Mar 23, 2023 (Gmt+09:00)
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Bio & Pharma
Boryung, Axiom Space to set up JV to explore space healthcare options
South Korea's Boryung Corp., just decades ago a mom-and-pop pharmacy, will bring its healthcare expertise to space with Axiom Space Inc., a US comme...
Mar 21, 2023 (Gmt+09:00)
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Corporate restructuring
HD Hyundai to rename subsidiaries to boost brand identity
HD Hyundai Co., a South Korean conglomerate that operates in shipbuilding, construction equipment, oil refining and other sectors, plans to rename i...
Mar 20, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea's budget carriers seek expansion via more overseas flights
South Korea's budget carrier Jeju Air Co. on Thursday announced the resumption of flights connecting Incheon to the Vietnamese cities of Ho Chi Minh...
Mar 17, 2023 (Gmt+09:00)
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Corporate governance
Samsung suspends business with select software partner companies
Samsung Electronics Co. has recently “suspended transactions” with select software partner companies through regular auditing, with arou...
Mar 14, 2023 (Gmt+09:00)
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Business & Politics
Hanwha hires former Biden confidant as US government affairs chief
WASHINGTON D.C. – South Korea’s chemicals-to-defense conglomerate Hanwha Group has hired Danny O’Brien, a top aide to US President...
Mar 08, 2023 (Gmt+09:00)
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ESG
POSCO Flow to assist World Vision in transportation of relief goods
POSCO Flow, a logistics partner of World Vision, agreed on Tuesday to help transport relief and sponsorship goods for the humanitarian organization ...
Mar 08, 2023 (Gmt+09:00)
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Energy
LG Energy Solution to collaborate on Jeju offshore wind power pilot project
LG Energy Solution Ltd. said on Wednesday that its subsidiary AVEL had signed an agreement with Korea South-East Power Co. (KOEN) and Tamra Offshore...
Mar 08, 2023 (Gmt+09:00)
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Business & Politics
Korea clears environmental hurdle for new Jeju airport
South Korea’s environment ministry conditionally approved the construction of a new airport on Jeju Island with a 6.7 trillion won ($5.2 billi...
Mar 07, 2023 (Gmt+09:00)
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Airlines
Jeju Air teams up with startup Plana to explore urban air mobility
Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana, a domestic startup...
Mar 06, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s stent maker Taewoong Medical acquired by Olympus for $370 million
Japanese medical device company Olympus on Saturday said it will wholly acquire South Korea’s Taewoong Medical, a maker of gastrointestinal (G...
Feb 27, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix face cap on tech level of chips made in China
WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...
Feb 24, 2023 (Gmt+09:00)
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Chemical Industry
POSCO Chemical changes name to POSCO Future M
POSCO Chemical, a chemical subsidiary of the POSCO Group, announced on Friday that it had approved an agenda to change its company name to "POSCO Fu...
Feb 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea’s hy buys Mesh for Vroong delivery service
South Korea’s hy, formerly Korea Yakult, has acquired Mesh Korea, the operator of the delivery service Vroong that uses two-wheeled vehicles. ...
Feb 24, 2023 (Gmt+09:00)
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Cloud computing
S.Korea's SK Broadband moves into public DaaS market
South Korea's leading broadband Internet access provider SK Broadband is moving into the public desktop-as-a-service (DaaS) market.SK Broadband anno...
Feb 23, 2023 (Gmt+09:00)
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Future mobility
Daewoo E&C, Jeju Air kick off K-UAM Grand Challenge phase 1 project
Daewoo Engineering & Construction Co. and Jeju Air Co. have teamed up to participate in the Korean urban air mobility (K-UAM) project. The two c...
Feb 22, 2023 (Gmt+09:00)
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Electronics
Samsung, LG ditch BOE in likely Apple deal for iPad Pro OLED panels
Samsung Display Co. and LG Display Co. will likely win orders from Apple Inc. to build organic light-emitting diode (OLED) displays for the US tech ...
Feb 21, 2023 (Gmt+09:00)
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Korean chipmakers
Chip designers in high demand despite industry slowdown
The semiconductor industry is reeling from a chip supply glut amid a broader global economic slowdown. However, as the saying goes, every cloud has ...
Feb 17, 2023 (Gmt+09:00)
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Corporate strategy
Samsung’s TV business launches customer marketing team
South Korea’s tech giant Samsung Electronics Co. is putting into action an age-old mantra that reflects the importance of customers in its bus...
Feb 16, 2023 (Gmt+09:00)
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Automobiles
Ssangyong Motor gets certification for cyber security in Europe
SsangYong Motor Co. announced on Thursday that it has received certification for its European cyber security management system (CSMS). This certific...
Feb 16, 2023 (Gmt+09:00)
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ECM/DCM
S.Korean listed companies' cancelled shares reach $8.6 bn over past 3 years
South Korea's listed companies have cancelled 11 trillion won ($8.6 billion) worth of shares over the past three years.The Korea Exchange said on Su...
Feb 13, 2023 (Gmt+09:00)
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Leadership & Management
KT under pressure for transparency, fairness to pick new CEO, again
South Korea’s leading telecommunications company KT Corp. will pick a new chief executive after it came under fire over its CEO select...
Feb 09, 2023 (Gmt+09:00)
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Bio & Pharma
Medytox to sell off 2.2 mn shares of Daewoong's American partner Evolus
Medytox Inc. said in a regulatory filing on Wednesday that it is selling off approximately 2.19 million shares of Evolus, Daewoong Pharmaceutical's ...
Feb 08, 2023 (Gmt+09:00)
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Aerospace & Defense
Low-cost carriers in S.Korea returning to profitability
South Korea's low-cost carriers (LCC) Jeju Air Co. and Jin Air in the fourth quarter last year each earned operating profit for the first time since...
Feb 08, 2023 (Gmt+09:00)
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Advertising & Marketing
Cheil Worldwide sets up Maghreb corporation in Morocco
South Korea's leading ad agency and marketing company Cheil Worldwide has established a corporation in Casablanca, Morocco, in the Maghreb to broade...
Feb 07, 2023 (Gmt+09:00)
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Airlines
Jeju Air resumes daily flights to Hanoi, Ho Chi Minh City, Vientiane
South Korea's low-cost carrier Jeju Air Co. said on Monday that it would run daily flights from Korea to Hanoi and Ho Chi Minh City in Vietnam and V...
Feb 07, 2023 (Gmt+09:00)
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Machinery
Doosan Bobcat moves into European market with compact tractors
Doosan Bobcat's small tractors for agriculture and landscaping will enter the European market. After entering America's ground maintenance equipment...
Feb 03, 2023 (Gmt+09:00)
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Airlines
Jeju Air to resume flights on Incheon-Shizuoka route in March
Jeju Air Co., a South Korean budget airline, said on Thursday that it would resume its flights connecting Incheon with two small cities in Japan, Ma...
Feb 03, 2023 (Gmt+09:00)
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