Mirae Asset Nasdaq semiconductor chips
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Electronics
Seoul Semiconductor wins patent lawsuit vs Signify
Seoul Semiconductor Co., the world’s No. 3 light emitting diode (LED) display maker, said on Thursday it has won a patent litigation case agai...
Dec 26, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. buys SK Enpulse’s chip wafer polishing pad business
Seoul-based private equity firm Hahn & Co. has agreed to buy the chemical mechanical polishing (CMP) pads manufacturing division of SK Enpulse C...
Dec 26, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn
South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...
Dec 24, 2024 (Gmt+09:00)
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Business & Politics
US finalizes $4.7 bn chip subsidy for Samsung before Trump takes office
WASHINGTON – The US finalized a $4.7 billion government subsidy for Samsung Electronics Co.'s planned microchip facilities in Texas about a mo...
Dec 22, 2024 (Gmt+09:00)
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Electronics
SK Hynix to receives $958 mn subsidy from US
SK Hynix Inc. secured a combined subsidy of $458 million in grants and $500 million in loans, a total of $958 million from the US Department of Comm...
Dec 20, 2024 (Gmt+09:00)
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Real estate
GIC drops Seoul landmark building sale on Korea’s political woes
Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, dropped the sale of a landmark building in Seoul due to t...
Dec 19, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung, Hyundai Motor eye tech alliance on autonomous vehicle chips
South Korea’s top automaker Hyundai Motor Co. will likely entrust the manufacturing of its automotive chips for self-driving vehicles to Samsu...
Dec 18, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
Hyosung TNC Corp., a South Korean textile and yarn maker, said on Thursday it will acquire the specialty gas division of Hyosung Chemical Corp. for ...
Dec 12, 2024 (Gmt+09:00)
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Asset management
Mirae Asset rises to 12th-largest ETF manager with $141 billion in assets
South Korea’s leading asset manager Mirae Asset Financial Group has emerged as the world’s 12th-largest exchange-traded fund (ETF) manag...
Dec 11, 2024 (Gmt+09:00)
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Mergers & Acquisitions
LX Pantos IPO delayed as Mirae Asset sells stake
South Korea’s leading brokerage firm Mirae Asset Securities Co. is poised to sell its stake in LX Pantos Co., adding to expectations of more d...
Dec 09, 2024 (Gmt+09:00)
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Economy
S.Korea's foreign reserves amount to $415.4 bn in Nov
South Korea's official foreign reserves at the end of November amounted to $415.4 billion.According to the Bank Of Korea (BOK) on Wednesday, the nat...
Dec 04, 2024 (Gmt+09:00)
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Real estate
GIC to pick preferred bidder in $1.1 bn Seoul landmark building sale
Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to select a preferred bidder for the sale of a lan...
Dec 03, 2024 (Gmt+09:00)
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Banking & Finance
KB Asset parts ways with Dragon Capital in Vietnam
South Korea's KB Asset Management Co. ended its delegated management agreement for public funds with Vietnam's largest asset management company, Dra...
Dec 02, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Rebellions · Sapeon Korea merger, the first domestic AI chip unicorn
Rebellions Inc., a South Korean artificial intelligence chip design startup, officially merged with Sapeon Korea to form the first domestic AI chi...
Dec 02, 2024 (Gmt+09:00)
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Asset management
Mirae Asset aspires to No. 5 in Indian securities market with Sharekhan
South Korea’s leading asset manager Mirae Asset Financial Group will strive to grab the fifth-largest share of the Indian securities market th...
Nov 27, 2024 (Gmt+09:00)
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Korean stock market
Korean pension funds buy a net $1.2 bn in Kospi stocks in November
South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their largest net purchases o...
Nov 27, 2024 (Gmt+09:00)
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Shareholder activism
Must Asset calls on Young Poong to take steps to boost shareholder value
South Korea’s Young Poong Corp., embroiled in a fierce management control dispute with Korea Zinc Inc., is now the target of an activist fund ...
Nov 25, 2024 (Gmt+09:00)
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Korean chipmakers
SKC’s US affiliate Absolics receives $100 million in US R&D grants
Absolics Inc., the US glass substrate affiliate of South Korean chemical materials company SKC Ltd., has been selected to receive up to $100 million...
Nov 22, 2024 (Gmt+09:00)
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Korean chipmakers
Tesla asks Samsung, SK Hynix to supply HBM4 chip samples
Samsung Electronics Co. and SK Hynix Inc. are said to each be developing a sixth-generation high-bandwidth memory (HBM4) chip prototype for Tesla In...
Nov 19, 2024 (Gmt+09:00)
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Korean startups
Panmnesia raises $57 mn in Series A funding
Panmnesia, a South Korean fabless startup specializing in compute express link (CXL) technology, said on Tuesday it raised 80 billion won ($57 milli...
Nov 19, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung vows to regain chip lead with new R&D center
Samsung Electronics Co. is pinning its hopes on its new research and development complex, which will cost the company 20 trillion won ($14.4 billion...
Nov 18, 2024 (Gmt+09:00)
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Cryptocurrencies
Korea’s crypto exchanges ride bitcoin rally on Trump optimism
South Korea’s crypto exchanges are enjoying a global boom in virtual currencies, including bitcoin, as US President-elect Donald Trump is expe...
Nov 14, 2024 (Gmt+09:00)
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Korean Investors
Mirae Asset’s TIGER Nasdaq 100 ETF crosses $2.8 bn in net assets
South Korea's Mirae Asset Global Investments said on Tuesday that that its TIGER Nasdaq 100 ETF has become the second US-focused ETF listed in South...
Nov 13, 2024 (Gmt+09:00)
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Electronics
LG Electronics, Tenstorrent in strategic tie-up for AI chip advancement
South Korea’s home appliances giant LG Electronics Inc. and Toronto-based fabless AI chip designer Tenstorrent Inc. have agreed to expand thei...
Nov 12, 2024 (Gmt+09:00)
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Business & Politics
First Korean American US Senator vows to cement Seoul-Washington ties
NEW YORK – Democratic US Representative Andy Kim, the first Korean American elected to the US Senate, has pledged to strengthen the relationsh...
Nov 07, 2024 (Gmt+09:00)
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Electronics
With Samsung Bespoke AI kitchen, anyone can be a Michelin-star chef
Lim Hee-won, a celebrity chef who appeared on Netflix’s cooking competition show Culinary Class War, made a special trip to a studio in Seoul ...
Nov 06, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Regulator puts brakes on Korea Zinc’s $1.8 bn rights issue
South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) rights issue aimed a...
Nov 06, 2024 (Gmt+09:00)
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Banking & Finance
KB Asset Management to list Balhae Infrastructure Fund
South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...
Nov 01, 2024 (Gmt+09:00)
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Energy
Hanwha Q Cells, OCI to benefit from expanded US CHIPS Act subsidies
South Korean solar cell companies such as Hanwha Q Cells Co. and OCI Holdings Co. are set to benefit from expanded subsidies covered by the US CHIPS...
Oct 31, 2024 (Gmt+09:00)
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Earnings
Samsung’s memory business fares better in Q3; more HBM sales ahead
Samsung Electronics Co. reported weaker-than-expected operating profit in its chip business in the third quarter but expects a rise in sales of its ...
Oct 31, 2024 (Gmt+09:00)
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