Q3 earnings
Scope
Date
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Korean chipmakers
Tesla in talks with SK Hynix for $725 mn eSSD order
Tesla Inc. is in talks with SK Hynix Inc. at the US electric vehicle giant’s request for a possible 1 trillion won ($725 million) order of ent...
Oct 24, 2024 (Gmt+09:00)
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Earnings
Hyundai Motor logs highest-ever Q3 revenue; margin drops
Hyundai Motor Co. on Thursday reported its worst quarterly profit margin for this year, despite delivering its highest-ever revenue for a third quar...
Oct 24, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis eyes record sales in 2024 after stellar Q3
Samsung Bioepis Co., Samsung Biologics Co.'s fully owned biosimilar subsidiary, is expected to post its best-ever annual revenue this year after sal...
Oct 24, 2024 (Gmt+09:00)
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Economy
Korea’s economy sees slower-than-expected rebound in Q3
South Korea’s economy rebounded slower than central bank expectations in the third quarter on sluggish exports, adding to predictions that the...
Oct 24, 2024 (Gmt+09:00)
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Earnings
SK Hynix’s Q3 profit soars to record high, beats Samsung’s memory profit
SK Hynix Inc., the world’s second-largest memory chipmaker, on Thursday posted record quarterly profit and sales, driven by premium artificial...
Oct 24, 2024 (Gmt+09:00)
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Corporate bonds
Korean brokerages flock to debt market with securities bonds on bull run
South Korea’s leading brokerage houses are flocking to the debt market as bonds issued by securities companies are in growing demand, industry...
Oct 22, 2024 (Gmt+09:00)
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Earnings
Samsung chip head vows drastic revamp after flagging weak Q3 earnings
Jun Young-hyun, vice chairman and head of Samsung Electronics Co.'s semiconductor business, on Tuesday vowed to take drastic steps to improve profit...
Oct 08, 2024 (Gmt+09:00)
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Korean chipmakers
Artificial intelligence creates DRAM divide between hot sellers, laggards
In recent years, the big buzz across industries has been around the power of artificial intelligence, with some critics raising concerns about AI ex...
Oct 02, 2024 (Gmt+09:00)
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Electronics
Korea Investment lowers price target for Samsung Electro-Mechanics
Korea Investment & Securities lowered the target price of Samsung Electro-Mechanics by 14.3% on Sunday, citing weaker-than-expected third-q...
Sep 30, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Influencers wield greater marketing power in S.Korea
Merch reliance on digital content creators for marketing is on the rise in South Korea, allowing some influencers to enjoy handsome earnings from em...
Sep 25, 2024 (Gmt+09:00)
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Food & Beverage
Daishin Securities lowers its price target for Nongshim
Daishin Securities Co. cut its price target on Nongshim Co.'s stock to 530,000 won ($397) from 550,000 won ($412) on Tuesday, saying the company's o...
Sep 24, 2024 (Gmt+09:00)
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Korean stock market
Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index
Mobility, financial services and biotech companies have elbowed out battery and entertainment stocks in the KEDI Innovator ESG 30 Index in an annual...
Sep 12, 2024 (Gmt+09:00)
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Electronics
Samsung 2024 TVs earn VDE certification for picture quality
Samsung Electronics Co. said on Monday that seven of its 2024 TV models, including Neo QLED 8K and Neo QLED series, have received picture quality ...
Sep 09, 2024 (Gmt+09:00)
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IPOs
Online lender K Bank aims for IPO at $4 bn valuation in Q4
Kbank, a South Korean online bank, is preparing to list on the main bourse Kospi at an estimated value of up to 5 trillion won ($3.8 billion) in the...
Sep 06, 2024 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem’s earnings, shares set to rise; defense deals in the offing
Hyundai Rotem Co., a South Korean railway system and defense equipment maker under Hyundai Motor Group, is expected to clinch large defense deals in...
Aug 29, 2024 (Gmt+09:00)
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Korean games
NCSOFT to seek recovery momentum with open-world game
South Korea’s gaming giant NCSOFT Corp. is set to develop an open-world massively multiplayer online role-playing game (MMORPG) while launchin...
Aug 27, 2024 (Gmt+09:00)
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Leadership & Management
Samsung SDS gains AI management system certification
Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...
Aug 08, 2024 (Gmt+09:00)
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Korean stock market
South Korean stocks rebound but still on rollercoaster
South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...
Aug 06, 2024 (Gmt+09:00)
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Korean stock market
Korean tech stocks suffer falls despite strong Q2 results
Some 60% of the Kospi-listed companies that posted above-forecast results in the second quarter of this year have seen their share prices declining ...
Aug 05, 2024 (Gmt+09:00)
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Earnings
EcoPro BM may cut battery materials capacity on EV slowdown
South Korea’s leading battery materials maker EcoPro BM Co. is considering reducing cathode output capacity despite continuous investments in ...
Jul 31, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix aims for graphics chip supremacy with GDDR7 in Q3
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Tuesday it plans to begin volume production ...
Jul 30, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis lighting system wins triple crown of design awards
South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...
Jul 29, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung SmartThings gets global certification for information security
Samsung Electronics Co. announced on Friday that its global connected living platform SmartThings received the ISO/IEC 27001:2022 certification for ...
Jul 26, 2024 (Gmt+09:00)
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Banking & Finance
KB Financial's quarterly profit hits record on interest margin growth
South Korea’s largest financial holding group KB Financial Group Inc. has logged its record quarterly profit in the April-June period, thanks ...
Jul 24, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to cut CO2 emissions from ships with smart lighting
Hanwha Ocean Co., South Korea's third-largest shipbuilder, said on Friday it has won an approval in-principle (AIP) certificate from Korean Register...
Jul 12, 2024 (Gmt+09:00)
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Earnings
LG Elec logs record Q2 earnings on home appliances, car parts
South Korean tech giant LG Electronics Inc. is expected to log its record second-quarter revenue and operating profit thanks to robust sales of home a...
Jul 05, 2024 (Gmt+09:00)
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Earnings
Samsung’s Q2 profit soars on AI chips; second-half outlook rosy
South Korean tech giant Samsung Electronics Co. on Friday flagged a more than 15-fold increase in its second-quarter operating profit as the artific...
Jul 05, 2024 (Gmt+09:00)
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Automobiles
LG Elec selected as Volkswagen's top supplier
LG Electronics Inc. was named the top supplier by Germany's Volkswagen Group. According to industry sources on Thursday, LG Electronics received the...
Jul 04, 2024 (Gmt+09:00)
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Leadership & Management
Kyobo Life CEO’s ethical management earns global recognition
Kyobo Life Insurance Co.'s Chairman Shin Chang-jae is internationally recognized for setting the global standard for ethical management after two de...
Jul 01, 2024 (Gmt+09:00)
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Airlines
Jin Air earns Sustinvest ESG A grade
South Korea's low-cost carrier (LCC) Jin Air announced on Wednesday that it received an A in the Sustinvest ESG (Environmental, Social, Governance) ...
Jun 26, 2024 (Gmt+09:00)
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