Hyunjoo Jin
Stories by Hyunjoo Jin
Tesla loses $126b in value amid Musk Twitter deal funding concern
To be sure, Tesla's share plunge came against a challenging backdrop for many tech stocks.
Vietnam’s Vinfast plans to invest $4b in electric vehicle factory in the US
It will initially invest $2b to build the North Carolina factory.
GM’s Cruise to raise $1.35b more from SoftBank as it readies robotaxis
In 2018, SoftBank Vision Fund first invested $900 million in the startup.
Vietnam’s Vinfast plans US listing in a couple of years, says CEO
VinFast plans to start producing electric cars in the United States in the second half of 2024.
Korea’s LG Energy, SK Innovation settle EV battery dispute for $1.8b, aiding Biden’s push
The core dispute had threatened the EV plans of Ford Motor Co and Volkswagen AG.
LG to spin off 5 affiliates amid latest restructuring at S Korean conglomerate
LG's affiliates make batteries and displays used in General Motors, Tesla and Apple products.
South Korea’s SK Hynix to buy Intel’s NAND business for $9b
The deal will allow SK Hynix to overtake Japan's Kioxia in the NAND memory market.
Uber to invest over $150m in JV with SK Telecom’s mobility business
Uber will own 51% of the joint venture, while SK Telecom will hold the remaining 49%.
Hyundai Motor heir Euisun Chung takes over from father after 20 yrs in waiting
This is the first generational handover at the South Korean automobile giant in 20 years.
Kakao Games seeks to raise up to $322m in IPO
Kakao Games Corp said it will offer 16 million new shares at a range of 20,000 won to 24,000 won each.
