magnet wire leader

Business & Politics Trump Jr. to visit Seoul next week to meet Korean business leaders

Donald Trump Jr., the eldest son of the US President Donald Trump, is set to visit Seoul next week and meet with Korean business leaders grappling w...

Economy China bans export of Korean goods containing its rare earth metals to US

The Chinese government has warned South Korean companies of retributions for exporting any product containing its critical metals to US military con...

Korean chipmakers SK chairman in Taiwan to deepen ties with TSMC

Chey Tae-won, chairman of SK Group, the parent of SK Hynix Inc., is visiting Taiwan amid the threat of escalating US tariff threats, suggesting the ...

Steel POSCO eyes deeper steel, energy ties with global peers

POSCO Group, South Korea’s steelmaking giant, will further bolster its competitiveness in the global steel market and energy value chains thro...

Business & Politics S.Korea's Han, Trump discuss transactional diplomacy in 1st direct talks

South Korea’s Acting President and Prime Minister Han Duck-soo spoke with US President Donald Trump on Tuesday to discuss various issues of mu...

Aerospace & Defense Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...

Korean chipmakers SK Hynix to exit image sensor market to focus on AI chips

SK Hynix Inc. will shutter its image sensor business as the South Korean memory giant doubles down on the development of premium artificial intellig...

Leadership & Management Samsung set to rebuild with leader Lee cleared of all charges

Samsung Electronics Co. Chairman Lee Jae-yong was found not guilty of accounting fraud, stock manipulation and other criminal charges by a Seoul app...

Corporate investment Mirae Asset invests $200 mn in LS Group affiliate in US

South Korea's Mirae Asset Global Investments said on Sunday it invested $200 million in Essex Solutions, a US magnet wire manufacturing affiliate un...

Business & Politics South Korea president to lift martial law after Parliament rejects move

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Steel POSCO shutters wire rod mill in Korea on supply glut

POSCO, the world’s seventh-largest steelmaker, said on Tuesday it has shut down a wire rod mill in South Korea as rising exports from China ha...

IPOs LS Group’s US magnet wire unit to go public with $1.4 bn value

The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an initial public offer...

Business & Politics S.Korea set to scrap financial investment income tax

South Korea is set to scrap a plan to impose a tax on gains from financial investments – a scheme slated to be introduced early next year &nda...

Food & Beverage SPC shares Korean bakery know-how with Mongolian biz leaders

South Korea's SPC Group said on Monday that Mongolian government officials and local business leaders visited Passion5 in Hannam-dong, Seoul, last F...

Electronics Seoul Semiconductor wins no-wire LED patent case in Europe

South Korea’s Seoul Semiconductor Co. said on Wednesday it won a patent dispute against Taiwan's Everlight Electronics Co. after the European ...

Banking & Finance Shinhan Card tops S.Korea's EPG ranking for financial institutions

South Korea's Shinhan Card said on Monday it was ranked as the leading company in the domestic financial sector in an environment, population, and g...

Banking & Finance Samsung’s Monimo set to disrupt Korea’s financial app market

Samsung Group, South Korea’s most powerful business group, is poised to crack the country’s financial app market — now crowded wit...

KOREA Investment Week Korea's investment forum KIW 2024 kicks off September 9

South Korea’s largest investment forum Korea Investment Week 2024 (KIW 2024) will kick off next month in Seoul, drawing around 150 leaders fro...

Leadership & Management Samsung’s new chip leader calls for restoring competitiveness  

It is urgent to restore Samsung Electronics Co.'s competitiveness in the semiconductor business, the chip division’s new head said in his firs...

Earnings LG Electronics posts record Q2 profit, to accelerate transition into AI leader

LG Electronics Inc., a leading South Korean electronics maker, on Thursday posted its highest quarterly operating profit and sales for the April-Jun...

Corporate strategy Lotte leader Shin Dong-bin stresses pivot to AI-centered innovation

Shin Dong-bin, chairman of South Korea’s retail, food and chemicals conglomerate Lotte, on Friday urged affiliate executives to ramp up effort...

Artificial intelligence SK Telecom accelerates AI push via alliance with more partners

SK Telecom Co., South Korea’s top mobile carrier, is ramping up its artificial intelligence push by bringing more domestic partners into its A...

Corporate restructuring Doosan Robotics to delist, wholly own cash-cow Doosan Bobcat

Doosan Enerbility Co., a leading South Korean power plant engineering company, is handing over its entire 46% stake in machinery affiliate Doosan Bo...

ESG SK Innovation gets MSCI ESG's leader rating

South Korean oil refiner SK Innovation Co. secured an AA rating in the environmental, social, and governance (ESG) assessment by Morgan Stanley Capi...

Korean chipmakers Samsung launches dedicated HBM, advanced chip packaging teams

Samsung Electronics Co., the world’s largest memory chipmaker, has officially launched a team dedicated to developing advanced high-bandwidth ...

Business & Politics AmCham launches young professionals program

The American Chamber of Commerce in Korea (AmCham) announced on Wednesday the official launch of its Young Professionals Program (YPP), aimed at nur...

Korean chipmakers Samsung seeks $3.6 billion in loans from KDB for chip investment

South Korean tech giant Samsung Electronics Co. seeks to borrow as much as 5 trillion won ($3.6 billion) from the state-run Korea Development Bank t...

Electronics LG Innotek eyes $1.4 bn in automotive sensor sales by 2030

LG Innotek Co., South Korea’s leading mobile camera module maker, is upping the ante to lead the automotive sensing market with high-performan...

Chief Executives Samsung’s new chip head instills a sense of crisis, hope

Samsung Electronics Co.'s new semiconductor chief Jun Young-hyun knows better than anyone about the difficulties the South Korean tech giant fa...

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 ...