SK On EV battery
Scope
Date
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Batteries
Samsung SDI, Sungkyunkwan Univ. to develop battery engineer
Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, will establish a Department of Battery Engineering at Sungkyunkwan Uni...
Jul 12, 2024 (Gmt+09:00)
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Batteries
Korea to keep track of EV battery life cycles for recycling
The South Korean government will monitor electric vehicle (EV) battery life cycles to share information on the lifespan, performance and accident hi...
Jul 10, 2024 (Gmt+09:00)
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Investment banking
SK Securities becomes lead IPO manager for 1st time since 2018
SK Securities Co., formerly a unit of South Korea’s No. 2 conglomerate SK Group, is expanding its presence in the domestic equity capital mark...
Jul 10, 2024 (Gmt+09:00)
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Pension funds
Samsung, SK Hynix lead value increase in Korea NPS' local shares in Q2
The second-quarter rally of Samsung Electronics Co. and SK Hynix Inc. shares drove a value increase in the domestic stock asset held by South Korea&...
Jul 10, 2024 (Gmt+09:00)
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Batteries
SK Innovation to host Global Forum in US
South Korea's SK Innovation Co. announced on Wednesday that it will host the “SK Innovation Global Forum” on July 13 in San Jose, Califo...
Jul 10, 2024 (Gmt+09:00)
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Korean chipmakers
HBM chip war intensifies as SK Hynix hunts for Samsung talent
South Korean chipmaker SK Hynix Inc., just like its global peers, has largely designed and produced semiconductors in-house, including high-bandwidt...
Jul 08, 2024 (Gmt+09:00)
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Electric vehicles
Humax, HeyCharge collaborate on EV charger
South Korea's mobility solutions company Humax Co. announced on Monday that it partnered with the Germany-based electric vehicle (EV) charging techn...
Jul 08, 2024 (Gmt+09:00)
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Earnings
LG Energy’s Q2 profit hurt by EV slowdown, expects Q4 improvement
LG Energy Solution Ltd., one of the world’s top three battery makers, on Monday posted a smaller quarterly profit, hurt by sluggish global ele...
Jul 08, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Asset's KODEX ETF surpasses $43 bn in net assets
South Korea's Samsung Asset Management announced on Monday that the net assets of its KODEX exchange-traded fund (ETF) have surpassed 60 trillion ...
Jul 08, 2024 (Gmt+09:00)
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ESG
SK Innovation gets MSCI ESG's leader rating
South Korean oil refiner SK Innovation Co. secured an AA rating in the environmental, social, and governance (ESG) assessment by Morgan Stanley Capi...
Jul 08, 2024 (Gmt+09:00)
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Electronics
Samsung, SK, LG vie for glass substrate market in AI era
South Korea’s household names Samsung, SK and LG have entered a new race to win the glass substrate market set to surge in the artificial inte...
Jul 08, 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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Fiber & Textile
SK Geo Centric produces sustainable synthetic fiber
South Korea’s SK Geo Centric Co. will collaborate with global companies in the petrochemical, textile, and apparel sectors from Japan, Finland...
Jul 05, 2024 (Gmt+09:00)
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Batteries
Samsung SDI to ink $726 mn ESS deal with NextEra Energy
Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is set to provide batteries for energy storage systems (ESS) to NextEr...
Jul 05, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung launches dedicated HBM, advanced chip packaging teams
Samsung Electronics Co., the world’s largest memory chipmaker, has officially launched a team dedicated to developing advanced high-bandwidth ...
Jul 05, 2024 (Gmt+09:00)
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Leadership & Management
SK Square to ramp up chip investment with new CEO
South Korea’s No. 2 conglomerate SK Group said on Thursday that its investment arm SK Square Co., led by new CEO Han Myung-jin, will ramp ...
Jul 04, 2024 (Gmt+09:00)
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Batteries
Time to revive innovator spirit: LG Energy Solution CEO
South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3, must accelerate innovation and prop up fundamentals to ...
Jul 04, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor completes EV ecosystem in Indonesia
JAKARTA, Indonesia – Hyundai Motor Group has built an electric vehicle hub backed by a complete supply chain from raw materials sourcing to ba...
Jul 03, 2024 (Gmt+09:00)
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Automobiles
Hyundai accelerates EV push in Indonesia with Kona EV
JAKARTA, Indonesia – Hyundai Motor Co. has built its brand image as a high-end carmaker in Indonesia and controls the country's electric vehic...
Jul 02, 2024 (Gmt+09:00)
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Batteries
LG Energy signs multi-billion-dollar LFP battery deal with Renault
LG Energy Solution Ltd., the world’s second-largest battery maker, has clinched a multi-billion-dollar deal to supply LFP batteries for low-en...
Jul 02, 2024 (Gmt+09:00)
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Corporate investment
SK Group, led by SK Hynix, to invest $77 billion in AI, chips
SK Group, South Korea’s second-largest conglomerate after Samsung, is investing 106.4 trillion won ($77 billion) in artificial intelligence an...
Jul 01, 2024 (Gmt+09:00)
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Batteries
LG Energy halts Arizona battery plant building on weak EV sector
LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) cell maker, has suspended construction of a plant in Arizona for batt...
Jun 28, 2024 (Gmt+09:00)
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Electric vehicles
KT, EV Parking Services to cooperate on electric bus charging
South Korea's KT Corp., South Korea’s largest telecom service provider, announced on Friday that it partnered with EV Parking Services (EVPS) ...
Jun 28, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops SSD for AI PCs to be mass-produced this year
South Korea’s SK Hynix Inc. introduced a solid-state drive (SSD) for on-device artificial intelligence PCs for mass production this year, to e...
Jun 28, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Bioscience to buy German vaccine maker IDT Biologika for $244 mn
South Korea’s vaccine developer SK Bioscience Co. will acquire a controlling stake in the world’s top 10 vaccine firm IDT Biologika GmbH...
Jun 27, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung seeks $3.6 billion in loans from KDB for chip investment
South Korean tech giant Samsung Electronics Co. seeks to borrow as much as 5 trillion won ($3.6 billion) from the state-run Korea Development Bank t...
Jun 26, 2024 (Gmt+09:00)
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Batteries
SK On signs MOU to secure US-sourced lithium from ExxonMobil
SK On Co. has inked an MOU with ExxonMobil Corp. to buy lithium extracted by the US oil giant from a salt well in the US state of Arkansas. The deal...
Jun 26, 2024 (Gmt+09:00)
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Batteries
SK On to sell $360 mn in perpetual bonds amid tough EV market
SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to sell 500 billion won ($359.6 million) in its first perpetual bon...
Jun 25, 2024 (Gmt+09:00)
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Korean startups
SK Innovation-backed Marine Innovation looks to enter US green market
Marine Innovation Co., a South Korean eco-friendly social venture company sponsored by the country’s top energy firm SK Innovation Co., is par...
Jun 25, 2024 (Gmt+09:00)
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Corporate restructuring
SK Inc. in talks to sell Pharmteco’s US CDMO plant to Novo Nordisk
SK Inc., the holding and investment company of SK Group, South Korea’s second-largest conglomerate, is negotiating to sell a major asset of it...
Jun 25, 2024 (Gmt+09:00)
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