move-to-earn (M2E)
Scope
Date
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Korean chipmakers
Samsung, SK Hynix face cap on tech level of chips made in China
WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...
Feb 24, 2023 (Gmt+09:00)
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Chemical Industry
POSCO Chemical changes name to POSCO Future M
POSCO Chemical, a chemical subsidiary of the POSCO Group, announced on Friday that it had approved an agenda to change its company name to "POSCO Fu...
Feb 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea’s hy buys Mesh for Vroong delivery service
South Korea’s hy, formerly Korea Yakult, has acquired Mesh Korea, the operator of the delivery service Vroong that uses two-wheeled vehicles. ...
Feb 24, 2023 (Gmt+09:00)
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Cloud computing
S.Korea's SK Broadband moves into public DaaS market
South Korea's leading broadband Internet access provider SK Broadband is moving into the public desktop-as-a-service (DaaS) market.SK Broadband anno...
Feb 23, 2023 (Gmt+09:00)
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Airlines
Lessons from Korean Air’s botched mileage program reform
Korean Air Lines Co. has suspended a plan to revamp its mileage program after it drew harsh criticism from both its customers and government officia...
Feb 21, 2023 (Gmt+09:00)
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Electronics
Samsung, LG ditch BOE in likely Apple deal for iPad Pro OLED panels
Samsung Display Co. and LG Display Co. will likely win orders from Apple Inc. to build organic light-emitting diode (OLED) displays for the US tech ...
Feb 21, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma gets WHO pre-qualification approval for chickenpox vaccine
South Korea's GC Biopharma Corp. is set to regain the No. 1 spot in global production of chickenpox vaccines after earning qualification to enter th...
Feb 21, 2023 (Gmt+09:00)
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Korean chipmakers
Chip designers in high demand despite industry slowdown
The semiconductor industry is reeling from a chip supply glut amid a broader global economic slowdown. However, as the saying goes, every cloud has ...
Feb 17, 2023 (Gmt+09:00)
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Economy
Korean shipbuilding, defense sectors offer bright 2023 outlook
South Korea’s major companies in shipbuilding, defense and construction industries expect strong earnings this year, despite growing concerns ...
Feb 16, 2023 (Gmt+09:00)
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Corporate strategy
Samsung’s TV business launches customer marketing team
South Korea’s tech giant Samsung Electronics Co. is putting into action an age-old mantra that reflects the importance of customers in its bus...
Feb 16, 2023 (Gmt+09:00)
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Automobiles
Ssangyong Motor gets certification for cyber security in Europe
SsangYong Motor Co. announced on Thursday that it has received certification for its European cyber security management system (CSMS). This certific...
Feb 16, 2023 (Gmt+09:00)
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Leadership & Management
Plain sailing for LS with record earnings under Chairman Koo’s leadership
LS Group’s plan to groom new growth engines from batteries to electric vehicles and semiconductors is set to gain impetus after South Korea&rs...
Feb 15, 2023 (Gmt+09:00)
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ECM/DCM
S.Korean listed companies' cancelled shares reach $8.6 bn over past 3 years
South Korea's listed companies have cancelled 11 trillion won ($8.6 billion) worth of shares over the past three years.The Korea Exchange said on Su...
Feb 13, 2023 (Gmt+09:00)
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Earnings
S.Korea game sector remains in dark after poor earnings
South Korea’s game publishers reported dismal quarterly earnings, deepening concerns over their outlook this year amid doubts over measures su...
Feb 10, 2023 (Gmt+09:00)
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Earnings
Korean listed firms’ Q4 results miss forecast by big margin
Weak demand from a global economic slump took a big toll on South Korean companies in the fourth quarter of last year, making many of them miss earn...
Feb 10, 2023 (Gmt+09:00)
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Leadership & Management
KT under pressure for transparency, fairness to pick new CEO, again
South Korea’s leading telecommunications company KT Corp. will pick a new chief executive after it came under fire over its CEO select...
Feb 09, 2023 (Gmt+09:00)
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Korean stock market
Individual investors in S.Korea betting on stock market's decline
Despite South Korea's Kosdaq stock market growing this month following the "January rally," individual investors in the country are still betting on...
Feb 09, 2023 (Gmt+09:00)
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Banking & Finance
Kakao Bank announces record-high performance in 2022
South Korea's KakaoBank Corp. on Wednesday said its net profit last year reached a record-high 263.1 billion won ($208.6 million), up 28.9% from 202...
Feb 09, 2023 (Gmt+09:00)
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Food & Beverage
Snack maker Orion to pursue M&As, expand Vietnam facility
South Korea’s confectionery and snack maker Orion Corp. reported its largest-ever earnings last year, driven by strong sales in emerging marke...
Feb 08, 2023 (Gmt+09:00)
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Bio & Pharma
Medytox to sell off 2.2 mn shares of Daewoong's American partner Evolus
Medytox Inc. said in a regulatory filing on Wednesday that it is selling off approximately 2.19 million shares of Evolus, Daewoong Pharmaceutical's ...
Feb 08, 2023 (Gmt+09:00)
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Aerospace & Defense
Low-cost carriers in S.Korea returning to profitability
South Korea's low-cost carriers (LCC) Jeju Air Co. and Jin Air in the fourth quarter last year each earned operating profit for the first time since...
Feb 08, 2023 (Gmt+09:00)
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Advertising & Marketing
Cheil Worldwide sets up Maghreb corporation in Morocco
South Korea's leading ad agency and marketing company Cheil Worldwide has established a corporation in Casablanca, Morocco, in the Maghreb to broade...
Feb 07, 2023 (Gmt+09:00)
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Machinery
Doosan Bobcat moves into European market with compact tractors
Doosan Bobcat's small tractors for agriculture and landscaping will enter the European market. After entering America's ground maintenance equipment...
Feb 03, 2023 (Gmt+09:00)
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Earnings
Meritz Securities poised to become Korea’s No. 1 for first time
Meritz Securities Co., once a mid-tier securities firm in South Korea, is expected to command the local market as No. 1 after earning more than 1 tr...
Feb 03, 2023 (Gmt+09:00)
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Korean stock market
Korea Exchange seeks to extend derivatives trading hours
South Korea’s bourse operator is seeking to extend derivatives trading hours by opening the market 15 minutes earlier at 8:45 am and allow for...
Jan 31, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung considers chip output cut as first-quarter loss looms large
Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...
Jan 27, 2023 (Gmt+09:00)
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Construction
LS Electric builds rail signal system in Taiwan for $39.8 million
South Korea's LS Electric Co. on Friday said the Railway Bureau of the Taiwanese Ministry of Transportation and Communications named the company the...
Jan 27, 2023 (Gmt+09:00)
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Bio & Pharma
Nibec gets approval for its bone graft biomaterials in Colombia, Mexico
South Korea's bioactive peptide technology company Nibec Co. said on Friday that it has obtained product approval for the sale of two types of denta...
Jan 27, 2023 (Gmt+09:00)
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Bio & Pharma
DongKoo Bio signs MOU to move into SE Asian healthcare market
DongKoo Bio & Pharma Co. has built a bridgehead for expansion toward the world, including Southeast Asia by joining hands with LVMC Holdings, th...
Jan 26, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung earns ISO 22301 certification for business continuity
Samsung Electronics Co.'s device solutions division has achieved ISO 22301 certification, the international business continuity management system (B...
Jan 26, 2023 (Gmt+09:00)
Latest News
- 1 BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea
- 2 Korea’s top cinema chains seek merger to counter box office slump
- 3 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 4 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 5 LG Electronics breaks ground on $600 million home appliance plant in India