SK On-Ford JV
Scope
Date
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Earnings
SK Hynix surpasses Samsung with record-high profit in Q4
SK Hynix Inc., the top supplier of high-bandwidth memory (HBM) chips to Nvidia Corp., on Thursday reported its highest-ever quarterly profit of 8.08...
Jan 23, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix sharply narrows gap with Samsung’s market cap
SK Hynix Inc. has significantly raised its value by bolstering its presence in the artificial intelligence memory market, threatening Samsung Electr...
Jan 22, 2025 (Gmt+09:00)
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Mergers & Acquisitions
SK, Lotte's restructuring to drive Korea's M&A market in 2025
SK and Lotte groups remain the focus for South Korean dealmakers as the two conglomerates accelerate restructuring by divesting non-core assets, a s...
Jan 20, 2025 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals, Eurofarma to set up AI epilepsy platform JV in US
South Korea’s SK Biopharmaceuticals Co. has signed a deal with Brazil’s Eurofarma Laboratórios S.A. to establish a joint venture ...
Jan 15, 2025 (Gmt+09:00)
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Batteries
SK Ecoplant, BMW team up for battery recycling
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, partnered with German luxury carmaker BMW to...
Jan 14, 2025 (Gmt+09:00)
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Korean Innovators at CES 2025
SK Hynix to collaborate with Nvidia on Cosmos physical AI platform: Chey
LAS VEGAS – SK Hynix Inc., the world’s second-largest memory chipmaker, has agreed to collaborate with Nvidia Corp. on the top US AI chi...
Jan 09, 2025 (Gmt+09:00)
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Energy
SK Energy, Korea’s first refiner to export sustainable aviation fuel to Europe
SK Energy Co., South Korea’s largest oil refiner, said on Sunday it has shipped its first batch of sustainable aviation fuel (SAF) to Europe, ...
Jan 05, 2025 (Gmt+09:00)
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Petrochemicals
Lotte Chemical’s JV to boost specialty chemicals output
Lotte Chemical Corp.'s joint venture with Japan’s Tokuyama Corp. will ramp up specialty chemicals production to accelerate its shift from...
Dec 27, 2024 (Gmt+09:00)
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Batteries
SK Nexilis gets $133 mn subsidy from Poland
South Korea's SK Nexilis Co., the world’s largest copper foil maker, said on Monday it received a $133 million subsidy from the Polish gover...
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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Bio & Pharma
SK Bioscience, Sanofi to develop next-gen pneumococcal vaccines
South Korea's SK Bioscience Co. said on Friday it signed an expanded agreement with Sanofi to co-develop next-generation pneumococcal conjugate vacc...
Dec 23, 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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Korean chipmakers
SK Hynix develops high-capacity SSD for AI data center
SK Hynix Inc. unveiled on Wednesday its high-capacity solid-state drive (SSD) product PS1012 U.2, designed for AI data centers with 61 terabyte (TB)...
Dec 18, 2024 (Gmt+09:00)
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Automobiles
Hyundai AutoEver establishes JV in Indonesia
South Korea's Hyundai AutoEver Corp. said on Monday it built the joint venture PT Terra Link technology in Indonesia with India's MapmyIndia. T...
Dec 16, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom invests $3 mn in AI-powered video analysis startup Twelve Labs
South Korea’s top mobile carrier SK Telecom Co. said on Friday it will invest $3 million in Twelve Labs Inc., a Korean AI-powered video analys...
Dec 13, 2024 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco bags obesity treatment deal worth up to $1.4 bn
SK Pharmteco Co., a contract development and manufacturing organization (CDMO), has secured an obesity treatment order worth up to 2 trillion won ($...
Dec 11, 2024 (Gmt+09:00)
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Energy
China’s Mingyang to foray into Korean wind turbine market with Unison
China’s Mingyang Smart Energy, one of the top five global wind turbine suppliers, is gearing up for its advance into South Korea’s wind ...
Dec 11, 2024 (Gmt+09:00)
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Private equity
Affinity to transform top Korean car rental firms into mobility service providers
Affinity Equity Partners aims to develop leading South Korean car rental companies into mobility service providers to create additional profitabilit...
Dec 10, 2024 (Gmt+09:00)
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Executive reshuffles
SK promotes restructuring keymen to SK On, SK Discovery top posts
SK Group on Thursday promoted the keymen of its business overhauls to top posts at intermediary holding company SK Discovery Co. and battery maker S...
Dec 05, 2024 (Gmt+09:00)
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Bio & Pharma
SK Biopharm submits NDA of epilepsy drug to China
South Korea's SK Biopharmaceuticals Co. said on Tuesday it submitted the new drug application (NDA) for its flagship epilepsy drug Cenobamate to Chi...
Dec 05, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix to produce HBM4 on 3 nm foundry process in 2025
SK Hynix Inc. will adopt the 3-nanometer process, the most advanced foundry technology available, to produce customized HBM4 chips in the second hal...
Dec 03, 2024 (Gmt+09:00)
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Batteries
LG Energy set to acquire GM’s $1 bn stake in Ultium JV plant in Michigan
South Korea’s LG Energy Solution Ltd. plans to acquire General Motors Co.’s stake in their battery joint venture plant in Lansing, Michi...
Dec 03, 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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Mergers & Acquisitions
CJ ENM, SK Square invest $179 mn in Wavve ahead of merger with TVing
South Korean entertainment powerhouse CJ ENM Co. and SK Group’s investment arm SK Square Co. have invested a combined 250 billion won ($179 mi...
Nov 27, 2024 (Gmt+09:00)
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Energy
Samsung C&T, LS Electric to establish US solar JV
South Korea's Samsung C&T Corp. and LS Electric Co. signed a memorandum of understanding (MOU) on Monday to expand solar power projects in the U...
Nov 26, 2024 (Gmt+09:00)
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Corporate bonds
Triple-A rated SK Telecom, KT tap 10-year bond market
South Korean companies with top-notch credit ratings such as SK Telecom Co. and KT Corp. are returning to the long-term bond market amid growing int...
Nov 26, 2024 (Gmt+09:00)
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Shareholder value
SK Square to buy back $72 mn shares amid Palliser's value-up push
SK Square Co., the investment arm of South Korea’s No. 2 conglomerate SK Group, announced shareholder-friendly measures on Thursday, in respon...
Nov 21, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix starts mass production of 321-High NAND
SK Hynix Inc., the world’s second-largest memory chipmaker, announced on Thursday the mass production of its 321-layer 1-terabit (Tb) triple...
Nov 21, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics wins $668 million CDMO deal with European pharma
Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it has signed two drug manufacturing contracts worth a combin...
Nov 20, 2024 (Gmt+09:00)
Latest News
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- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand