battle tanks
Scope
Date
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Mergers & Acquisitions
HYBE to raise up to $769 mn, new twist on battle with Kakao for SM
HYBE Co. is tightening the reins in its fight against Kakao Corp. for control of SM Entertainment Co. by raising up to 1 trillion won ($768.6 millio...
Mar 05, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HYBE wins 2nd battle against Kakao over SM Entertainment
A South Korean court on Friday ruled in favor of SM Entertainment Co. Founder and former Chief Producer Lee Soo-man to block the company from sellin...
Mar 03, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems begins developing active protection system for combat vehicles
South Korea's defense and IT service company Hanwha Systems Co. will develop core technology for an active protection system (APS), or state-of-the-...
Mar 03, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HYBE loses 1st battle against Kakao for SM Entertainment
South Korea’s HYBE Co. lost its first battle against dominant local mobile platform Kakao Corp. over SM Entertainment Co. as the label behind ...
Feb 28, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kakao vows to thwart HYBE scheme for SM control
Kakao Corp., South Korea’s dominant mobile platform, said on Monday it would mobilize all possible countermeasures against HYBE Co. ’s a...
Feb 27, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung unveils new Exynos mobile chips for midrange smartphones
Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled a duo of new Exynos mobile application processor (AP) chips to pow...
Feb 24, 2023 (Gmt+09:00)
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Bio & Pharma
US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle
Following its lawsuit against Daewoong Pharmaceutical, South Korea's Medytox Inc. is waging an all-out legal war against domestic counterpart Hugel ...
Feb 24, 2023 (Gmt+09:00)
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Aerospace & Defense
Hyundai Doosan Infracore bags $256 mn Turkey defense deal
Hyundai Doosan Infracore Co., a South Korean construction equipment maker, won a 313.1 billion won ($255.5 million) defense deal from Turkey, sugges...
Feb 03, 2023 (Gmt+09:00)
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Artificial intelligence
AI tech of Samsung Research recognized via machine translation award
Samsung Research, the research and development (R&D) hub of Samsung Electronics Co., has proven its excellence in artificial intelligence-based ...
Jan 30, 2023 (Gmt+09:00)
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Automobiles
Kakao Mobility launches future mobility hardware think tank
South Korea's Kakao Mobility has launched a think tank to study next-generation mobility hardware under the company's bid to lead overall innovation...
Jan 17, 2023 (Gmt+09:00)
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Hydrogen economy
SK E&S, Plug Power agree to strengthen hydrogen partnership
SK E&S CEO Choo Hyung-wook met with Plug Power CEO Andy Marsh at CES 2023 in Las Vegas on Jan. 5 to discuss ways to strengthen cooperation in th...
Jan 11, 2023 (Gmt+09:00)
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Bio & Pharma
NeoImmuneTech, US think tank to develop treatment for acute radiation syndrome
Biopharmaceutical company NeoImmuneTech has grabbed an opportunity to supply new drug candidates in development as strategic items to the US gover...
Jan 04, 2023 (Gmt+09:00)
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Culture & Trends
Korean think tank urges focus on 'yold' demographic in clothing market
South Korea's Samsung Fashion Institute on Thursday announced "Dive In" as the keyword for next year's trends in the fashion industry, meaning that ...
Dec 23, 2022 (Gmt+09:00)
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Chemical Industry
Daewoo Shipbuilding, POSCO jointly develop new materials
South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) and steelmaker POSCO have joined forces to develop new materials.DSME on Wedne...
Dec 15, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai Doosan Infracore to supply engines for K2 tanks bound for Poland
Hyundai Doosan Infracore Co., a South Korean construction equipment company, said on Tuesday it has signed a 180 billion won ($138 million) contract...
Dec 13, 2022 (Gmt+09:00)
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Hydrogen economy
S.Korea leads liquid hydrogen fuel tank technology standards
South Korea's draft proposal on aviation liquid hydrogen fuel tanks was adopted as an international standard at the International Organization for S...
Dec 12, 2022 (Gmt+09:00)
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Artificial intelligence
LG Group think tank unveils breakthrough AI tech Exaone
LG AI Research, the artificial intelligence (AI) think tank of South Korea's LG Group, on Thursday unveiled Exaone, a gigantic AI technology that ra...
Dec 09, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem delivers first batch of K2 tanks to Poland in $3.4 bn deal
Hyundai Rotem Co., a South Korean defense equipment maker, said on Wednesday it has delivered the first batch of its battle tanks to Poland as part ...
Dec 07, 2022 (Gmt+09:00)
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Aerospace & Defense
Korea LIG Nex1 to enjoy record earnings on missile exports
LIG Nex1 Co., a leading South Korean defense company, is expected to see record earnings this year on strong missile exports, helping its shares sur...
Nov 18, 2022 (Gmt+09:00)
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Economy
KDI cuts Korea growth forecast, urges gradual rate hikes
South Korean economic growth is expected to decline further next year to the slowest level since the COVID-19 breakout while inflation is likely t...
Nov 11, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem signs defense deal with Norway’s Kongsberg
South Korean arms maker Hyundai Rotem Co. has clinched a strategic partnership with Norway’s Kongsberg Defence & Aerospace AS to jointly d...
Sep 28, 2022 (Gmt+09:00)
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Economy
Tanking won deteriorates Korea’s dollar funding conditions
A nosediving South Korean won deteriorated local corporate dollar funding conditions with the cost of insuring the country’s sovereign debt ag...
Sep 26, 2022 (Gmt+09:00)
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Aerospace & Defense
Korea eyes $3.8 billion in Redback armored vehicle exports to Australia
South Korea is expected to clinch a deal to export more than 5 trillion won ($3.8 billion) worth of armored vehicles to Australia, which is strength...
Aug 31, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai, Hanwha ink $5.8 bn defense deals with Poland
South Korea’s defense makers Hyundai Rotem Co. and Hanwha Defense signed formal contracts worth $5.8 billion to export battle tanks and self-p...
Aug 26, 2022 (Gmt+09:00)
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Korean games
New Delhi blocks Krafton’s Battle Ground Mobile India
The Indian government has ordered the country’s Alphabet Inc.'s Google Play Store and Apple Inc.’s App Store to delete South Korean ga...
Jul 31, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korea defense firms poised to ink $7.7 bn in deals with Poland
South Korea’s defense makers including Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI) and Hanwha Defense are poised to clinch 10 tri...
Jul 20, 2022 (Gmt+09:00)
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Aerospace & Defense
Poland closer to deal to buy South Korean fighter jets, tanks, howitzers
Poland is moving closer to clinching a megadeal to buy South Korean weapons such as fighter jets, tanks and artillery amid the ongoing Russian war o...
Jun 20, 2022 (Gmt+09:00)
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Steel
POSCO closer to supplying steel for LNG tanks to ExxonMobil
POSCO, the world’s sixth-largest steelmaker, took a step forward to supply global energy major ExxonMobil with steel for liquefied natural gas...
May 26, 2022 (Gmt+09:00)
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Corporate strategy
Samsung Elec's ex-M&A head to extend clout in Samsung Group
Ahn Joonghyun, who led Samsung Electronics Co.'s high-profile M&A deals for nearly nine years, was promoted to a president-level position to hea...
Apr 19, 2022 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 anti-tank missile in spotlight amid Ukraine war
An anti-tank guided weapon produced by South Korean defense exporter LIG Nex1 Co. is in the spotlight as Ukraine said its forces destroyed Russian a...
Apr 15, 2022 (Gmt+09:00)
Latest News
- 1 Macquarie Korea Asset Management confirms two nominees
- 2 Overseas Korean food fans choose soju, bibimbap as favorites
- 3 Beauty store chain CJ Olive Young to launch Japan unit
- 4 Samsung hits highest US smartphone market share in 4 years
- 5 Shinhan, POSCO invest $20 mn in Australian hydrogen firm Hysata