LS Networks
Scope
Date
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Energy
KEPCO, Burns & McDonnell to cooperate on power grid projects
Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, said on Tuesday that it signed a cooperation agreement for the joint...
Sep 10, 2024 (Gmt+09:00)
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Korean stock market
LS Electric falls sharply on first day of inclusion in MSCI Korea index
LS Electric Co. plunged more than 9% on Monday, the first day of its inclusion in the Morgan Stanley Capital International (MSCI) Korea Index.On the...
Sep 02, 2024 (Gmt+09:00)
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Automobiles
SK Networks' automotive division launches as SK SpeedMate
South Korea's SK Networks Co. completed a split-off of its automotive maintenance division, which has now launched as a new company named SK Speed...
Sep 02, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Will Samsung take over Nokia’s mobile network assets?
Samsung Electronics Co., the world’s top smartphone maker, has expressed interest in the mobile networks business of Nokia Oyj, a global telec...
Sep 01, 2024 (Gmt+09:00)
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Banking & Finance
BC Card, Uzbekistan to connect payment network
South Korea's BC Card said on Monday that it signed a contract with Uzbekistan's state-run payment operator National Interbank Processing Center (NI...
Aug 27, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung’s new 2 nm foundry process to cut chip size by 17%
A new contract chipmaking technology, dubbed the backside power delivery network (BSPDN), will reduce the size of a 2-nanometer chip by 17%, compare...
Aug 22, 2024 (Gmt+09:00)
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Bio & Pharma
CHA Healthcare incorporates Singapore's SMG as subsidiary
South Korea's CHA Healthcare Co., CHA Biotech's overseas medical business affiliate incorporated Singapore's SMG as a subsidiary. CHA Healthcare an...
Aug 19, 2024 (Gmt+09:00)
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Logistics
Hanjin establishes subsidiary in Singapore
South Korea's Hanjin Transportation, a logistics arm of Hanjin Group, announced on Wednesday that it opened a subsidiary in Singapore to expedite ...
Aug 14, 2024 (Gmt+09:00)
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Korean stock market
MSCI Korea Index adds LS Electric
South Korea's LS Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index, MSCI announced on Tuesday.MSCI Inc. reba...
Aug 13, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, Nokia to cooperate on AI-based network tech
South Korea's SK Telecom Co. announced on Monday that it signed a memorandum of understanding (MOU) with Nokia to commercialize the wired network AI...
Aug 12, 2024 (Gmt+09:00)
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Energy
LS Eco Energy supplies 2,000 km of overhead power lines to Vietnam
South Korea's LS Eco Energy Ltd. said on Friday that its Vietnamese unit LS-VINA has completed a supply of around 2,000 kilometers of overhead power...
Aug 09, 2024 (Gmt+09:00)
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Electric vehicles
LS Cable breaks ground for bus ducts plant in Mexico
South Korea's LS Cable & System Ltd. broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-scale power distributio...
Aug 05, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom identifies illegal drones using AI
South Korea's SK Telecom Co. announced on Thursday that it developed a communication and AI-integrated module to catch illegal drones using artifici...
Jul 19, 2024 (Gmt+09:00)
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Electronics
Samsung Chairman Lee visits India for Ambani wedding
Samsung Electronics Co. Chairman Jay Y. Lee on Thursday visited India for the wedding of Anant Ambani — the youngest son of Asia’s riche...
Jul 12, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group, Oxford Univ. establish Foresight Center
Hyundai Motor Group announced on Tuesday that it partnered with the University of Oxford and established the Oxford-Hyundai Motor Group Foresight Ce...
Jul 09, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, Singtel partner for next-gen network tech
South Korea's SK Telecom Co. said on Monday that it signed a memorandum of understanding (MOU) with Singapore Telecommunications (Singtel) to collab...
Jul 08, 2024 (Gmt+09:00)
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Steel
Hyundai Steel builds global sales network of low-carbon steel
South Korea’s Hyundai Steel Co. announced on Tuesday that it signed a memorandum of understanding (MOU) with European customers to sell low-ca...
Jun 25, 2024 (Gmt+09:00)
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Fashion
S.Korea's Handsome opens global flagship store System Paris
South Korean fashion company Handsome Corp. announced on Wednesday that it will open its first global flagship store System and System Homme Paris i...
Jun 19, 2024 (Gmt+09:00)
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Corporate restructuring
SK Networks to split off SpeedMate, trade division
South Korea's SK Networks Co. plans to split off its auto management division SpeedMate and its trading unit.The board of directors approved the pla...
Jun 18, 2024 (Gmt+09:00)
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Banking & Finance
Korea’s LS Group to operate brokerage firm LS Securities
South Korean cable-to-energy giant LS Group said on Monday that it has renamed brokerage subsidiary eBest Investment & Securities to LS Securiti...
Jun 03, 2024 (Gmt+09:00)
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Bio & Pharma
Korean biotech Bertis to join BIO 2024 for global reach
South Korean biotech Bertis Inc. will deliver presentations at the BIO International Convention, one of the world’s largest bio and healthcare...
May 29, 2024 (Gmt+09:00)
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IPOs
World’s No.1 magnet wire maker SPSX mulls Korean IPO
Superior Essex Inc. (SPSX), the world’s top magnet wire provider under South Korea’s LS Group, is mulling an initial public offering in ...
May 23, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Lunit buys breast cancer detection AI firm Volpara Health
Lunit Inc., a South Korean cancer diagnostics AI company, has completed the acquisition of Volpara Health Technologies Ltd., a New Zealand-based AI ...
May 22, 2024 (Gmt+09:00)
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Business & Politics
KCCI to support Korean companies expanding into US
The Korea Chamber of Commerce and Industry (KCCI) partnered with the Korean American Chamber of Commerce of Los Angeles (KACCLA) to address th...
May 16, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Rakuten backs S.Korea’s new mobile carrier Stage X
South Korea’s fledgling mobile carrier Stage X Co. has teamed up with relatively new Japanese mobile company Rakuten Group to crack Korea&rsqu...
May 02, 2024 (Gmt+09:00)
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Machinery
LS Electric wins $23 mn order for Thai railway signal system
South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...
May 02, 2024 (Gmt+09:00)
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Artificial intelligence
SK Networks establishes AI lab in Silicon Valley
South Korea's SK Networks Co. announced on Wednesday that it opened the PhnyX Lab, an artificial intelligence (AI) technology development organizati...
Apr 25, 2024 (Gmt+09:00)
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Construction & Planning
S.Korean gov’t selects six overseas cities for K-City Network
The South Korean Ministry of Land, Infrastructure and Transport announced on Wednesday that it selected six cities including Indonesia's Jakarta, Vi...
Apr 17, 2024 (Gmt+09:00)
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Private equity
Affinity to buy SK Rent-a-Car at $572 mn, more deals expected
Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rai...
Apr 16, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Securities leads M&A of Trench Group
South Korea's Shinhan Securities announced on Friday that it participated as the lead underwriter in the merger and acquisition deal of Trench Group...
Mar 29, 2024 (Gmt+09:00)
Latest News
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- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand