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Korean light-emitting diode maker Seoul Semiconductor said on Feb. 12 that it has supplied its LEDs for horticulture lighting products developed by Rofianda B.V, a Dutch lighting solution company. L...
Following faulty investment decisions that led to an outstanding debt of 17.39 trillion won (US$15.45 billion) with a debt-equity ratio of 940 percent in the first half of 2018, state-run Korea Natio...
The labor union at Hyundai Heavy Industries, the world’s largest shipyard by sales, demanded on Feb. 11 that the company provide job guarantees to its employees if it wants to proceed with its push t...
Samsung Heavy Industries is mulling taking over troubled Daewoo Shipbuilding & Marine Engineering, the company said on Feb. 8. “The management is considering the idea after receiving an investment p...
Korean Air’s family-controlled management is facing a challenge, as a key shareholder has demanded more outside managers. Private equity firm Korea Corporate Governance Improvement which acquired a ...
[THE INVESTOR] Korea’s state pension operator on Feb. 1 decided to actively exercise its shareholders’ right over Hanjin KAL, holding firm of the country’s largest airline Korean Air. The fund m...
[THE INVESTOR] The state-led Korea Development Bank on Jan. 31 announced that it has inked a temporary deal with Korea’s largest shipbuilder Hyundai Heavy Industries to sell off debt-ridden Daewo...
[THE INVESTOR] SK Corp., the investment holding company of energy and telecom conglomerate SK Group, said on Jan. 30 that it has decided to invest US$100 million in a US-based smart-tinting glass ma...
[THE INVESTOR] Saudi Aramco’s plan to buy into Hyundai Oilbank, a major Korean refiner, seems to be Saudi Arabia’s strategic push to keep the Asian market from the United States and other competitor...
[THE INVESTOR] The heir to Hite Jinro and two other company executives including the CEO will stand trial on charges of arbitrarily making contracts with an affiliate tied to the scion to help boost...
[THE INVESTOR] S-Oil said on Jan. 28 it shifted to a net loss for the October-December period due to inventory-related losses. For the three months that ended in December, the company’s net loss...
[THE INVESTOR] Samsung SDI announced on Jan. 25 its fourth-quarter net earnings increased 10.8 percent on-year on strong demand for its lithium-ion batteries used in cordless devices and electric v...
[THE INVESTOR] Pan Ocean said on Jan. 25 that it has clinched a shipping contract worth 127 billion won (US$113 million) to transport iron ore from Brazil to China. Under the deal with Brazilian...
[THE INVESTOR] A Seoul court on Jan. 25 sentenced the head of major food maker Samyang to three years in prison for embezzling 5 billion won (US$44.30 million) of company funds. The Seoul Northe...
[THE INVESTOR] Sales of cigarettes in Korea fell 1.5 percent in 2018 from a year earlier due to the government-led anti-smoking campaign and higher prices, data showed on Jan. 25. Smokers purcha...
Hyundai AutoEver IPO to raise $150m
‘Chinese smartphone market slump could benefit Samsung’
Spotify poised to enter S. Korea
Analysts downplay risks of China Minsheng’s default on Hana
Former Uber CEO enters S. Korea with Cloud Kitchens
Top foreign companies to work for in S. Korea
[Sky’s the Limit] Booyoung’s real estate dilemma on acquiring Samsung assets
S. Korean conglomerates’ cash reserves hit record high
March 19, 2019
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