Heekyong Yang
Stories by Heekyong Yang
South Korea’s LG becomes first major brand to wind up smartphone division
The division has logged nearly six years of losses totalling some $4.5b.
S Korea’s SK Innovation unit to launch IPO to raise at least $1b
SKIET develops separators, a key component in lithium-ion batteries.
Hyundai, Kia shares skid as automakers call off talks with Apple for electric cars
Some Hyundai executives had raised concerns about becoming a contract manufacturer for Apple.
S Korea’s IPO market poised for record year on booming retail demand
Its IPO market could raise up to $18.40 billion, a record and about four times above 2020 levels.
Korean Air to spend $1.6b to become top shareholder in debt-laden Asiana Airlines
Deal will create the world's 15th biggest carrier.
South Korean mobility platform SOCAR prepares for IPO
SOCAR provides various services such as car-sharing, ride-hailing, used-car sales, and chauffeurs.
S Korean pension fund NPS to oppose LG Chem’s battery split-off plan
LG Chem, an EV battery supplier for Tesla and GM, said last month it plans to separate the business.
S Korea’s SK Construction emerges preferred bidder to buy waste firm EMC
SK Construction will sign the agreement to acquire the firm for about $844.6 million next week.
S Korea’s SK Biopharmaceuticals shares soar 30% in market debut
SK Biopharmaceuticals makes a drug called Xcopri, which is a treatment for epilepsy.
S Korea’s Hyundai Motor, LG Chem mull EV battery JV in Indonesia
Global automakers are moving to secure batteries in anticipation of a rise in EV sales.
