electrical equipment maker
Scope
Date
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Private equity
Q Capital named K-drama maker Chorokbaem's preferred bidder
Seoul-based private equity firm Q Capital Partners seeks to buy a 39.3% stake with management rights in South Korean drama series producer Chorokbae...
Jun 11, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor releases Casper Electric teaser images
Hyundai Motor Co. on Tuesday released a teaser image of the electrified model of its first city sports utility vehicle (SUV) The Casper Electric.T...
Jun 11, 2024 (Gmt+09:00)
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Private equity
France's Archimed seeks to delist aesthetic laser maker Jeisys
French private equity firm Archimed SAS, managing around €7 billion ($7.5 billion) in assets as of end-May, plans to secure a controlling stake...
Jun 10, 2024 (Gmt+09:00)
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Electric vehicles
US, China to serve as Kia’s key offshore EV production bases
Kia Corp., South Korea’s second-largest carmaker after its sibling Hyundai Motor Co., has upped the stakes in China and the US to bolster its ...
Jun 09, 2024 (Gmt+09:00)
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Korean chipmakers
Hanmi Semiconductor wins $110 mn HBM equipment order from SK Hynix
South Korean chip equipment company Hanmi Semiconductor Co. announced on Friday that it has received an order from SK Hynix Inc. for its dual TC bon...
Jun 07, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to launch EV model of Staria minivan in 2026
South Korea’s top automaker, Hyundai Motor Co., is slated to launch an electric vehicle model of its Staria van in 2026 to respond to the inte...
Jun 07, 2024 (Gmt+09:00)
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Machinery
HD Hyundai's Future-X wins Red Dot Design Award
South Korea's HD Hyundai XiteSolution announced on Thursday that its futuristic unmanned construction equipment Future-X won the Best of the Best Aw...
Jun 07, 2024 (Gmt+09:00)
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Private equity
Affinity fails in Lock&Lock tender offer; eyes equity swap
Hong Kong-based Affinity Equity Partners is planning for an equity swap between its new entity and South Korean food container maker Lock&Lock...
Jun 06, 2024 (Gmt+09:00)
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Steel
South Korean steelmakers run plants only at night as demand plummets
South Korea’s major steelmakers are running their plants only at night to cut costs as demand for rebars, or reinforced bars, widely used in t...
Jun 05, 2024 (Gmt+09:00)
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Energy
Hanwha Q Cells builds US solar farm for power supply to Meta
Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Thursday it has completed a solar power complex...
May 30, 2024 (Gmt+09:00)
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Energy
Korea’s HD Hyundai Electric wins $60 mn transformer deal in UK
South Korea’s electric equipment maker HD Hyundai Electric Co. said on Wednesday it has won a power transformer supply deal worth 47.1 million...
May 29, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK shieldus, Yokogawa Electric Korea partner on security business
SK shieldus, the unmanned security subsidiary of SK Group, announced on Wednesday it has signed a business agreement with Yokogawa Electric Korea Co...
May 29, 2024 (Gmt+09:00)
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Batteries
SK On invests in Yuilrobotics for its US battery plants
SK On Co., the world’s fifth-largest electric vehicle battery producer, is slated to invest in South Korean robot automation system developer ...
May 28, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha Galleria poised to buy drink maker Pure Plus
Hanwha Galleria Corp., a South Korean department store operator, signed a memorandum of understanding early this month to buy a domestic non-alcohol...
May 27, 2024 (Gmt+09:00)
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Korean food
Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy
Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls, is often referred to as the “black semiconductor” in South Kor...
May 24, 2024 (Gmt+09:00)
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Electronics
US court dismisses suit against Samsung by ex-patent chief
A US court rejected a patent infringement lawsuit against Samsung Electronics Co. by a former intellectual property chief of the company and banned ...
May 24, 2024 (Gmt+09:00)
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Electric vehicles
Kia premieres EV3 to boost global electrification push
Kia Corp., South Korea’s second-largest automaker, on Thursday premiered the EV3, its low-cost electric sport utility vehicle (SUV), to reboot...
May 23, 2024 (Gmt+09:00)
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IPOs
World’s No.1 magnet wire maker SPSX mulls Korean IPO
Superior Essex Inc. (SPSX), the world’s top magnet wire provider under South Korea’s LS Group, is mulling an initial public offering in ...
May 23, 2024 (Gmt+09:00)
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Machinery
Korean construction machine makers set sights on India, Brazil, Mexico
South Korea’s leading construction machine makers are actively advancing into emerging markets such as India, Brazil, Mexico and Saudi Arabia,...
May 21, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to develop hydrogen supercar for launch in 2026
Hyundai Motor Group, the global No. 3 automaker, is set to develop the world’s first hydrogen-powered supercar for launch in 2026 as the South...
May 20, 2024 (Gmt+09:00)
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Korean stock market
Samyang tops Korean ramen makers by market cap, beating Nongshim
South Korean food maker Samyang Foods Co., globally renowned for its Hot Chicken Flavor Ramen, saw its stock hit a record high on Friday after it de...
May 17, 2024 (Gmt+09:00)
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Electronics
Samsung releases new Bespoke AI Family Hub product
Samsung Electronics Co. announced on Friday the launch of a new "Bespoke AI Family Hub" refrigerator, designed to offer new AI experiences in everyd...
May 17, 2024 (Gmt+09:00)
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Private equity
Affinity extends tender offer for food container maker Lock&Lock
Hong Kong-based Affinity Equity Partners is set to extend its tender offer for South Korean food container maker Lock&Lock Co. shares, as the pr...
May 16, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai’s first full-size electric Genesis GV90 to roll out in late 2025
The Genesis, Hyundai Motor Co.'s standalone premium brand, will launch its first full-size electric sport utility vehicle, the GV90, late next ...
May 16, 2024 (Gmt+09:00)
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Korean stock market
MSCI Korea Index adds Alteogen, Enchem, HD Hyundai Electric
South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index.MS...
May 16, 2024 (Gmt+09:00)
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Food & Beverage
Nongshim to open stores in Leclerc, Carrefour; expands plant in US
Nongshim Co., a leading South Korean instant noodle maker, said on Tuesday it is setting up stores within France’s two largest supermarket cha...
May 14, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung SDS unveils supply chain solution in US
South Korea's Samsung SDS Co. introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Fl...
May 10, 2024 (Gmt+09:00)
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Robotics
Korea’s Koh Young to launch brain surgery robot in US in 2025
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, aims to launch a brain surge...
May 09, 2024 (Gmt+09:00)
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Logistics
Samsung Welstory completes new Vietnam logistics center
South Korean food and beverage company Samsung Welstory announced on Thursday that it completed a new logistics center with a cold chain system in B...
May 09, 2024 (Gmt+09:00)
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Automobiles
Kia unveils teaser images for all-electric EV3
Kia Corp. the second-largest automaker in South Korea, unveiled the first teaser images and video of the upcoming third all-electric sports utility ...
May 07, 2024 (Gmt+09:00)
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