Hyunjoo Jin
Stories by Hyunjoo Jin
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.
S Korea’s SsangYong Motor picks manager to sell Mahindra’s stake in India
The stake is valued at 332 billion won ($274.59 million) as of Friday's closing.
Samsung Electronics starts work on sixth chip-making line, to take on bigger rival TSMC
TSMC plans to build a $12 billion factory in the U.S. state of Arizona.
Mirae Asset scraps $5.8b deal to buy US hotels from China’s Anbang
The asset manager said that Anbang did not remedy breaches of certain obligations regarding their September contract.
SoftBank-backed Korean ride-hailer Tada fights for survival amid crackdown
South Korea restricts ride-hailing to only licensed taxis and bans the use of private cars for the purpose.
Uber, Hyundai Motor team up to develop electric air taxi
Plane and car-makers, tech firms are jumping into the flying car segment designed to address urban congestion.
Macquarie arm said to near deal for South Korea’s Daesung Industrial Gases
The seller is private equity firm MBK Partners.
Delivery Hero to buy S Korea’s Woowa Brothers for $4b
The companies will create a JV in Singapore to tap into the booming food delivery market in Asia.
Prudential Financial ropes in Goldman for South Korean unit sale
A sale of the unit would see the U.S. insurer exit the South Korean market after about 30 years since it first entered.
Hyundai wins bid for stake in Asiana Airlines, to inject over $1.7b
The deal would draw a line under a tumultuous period for the country’s No.2 carrier which is saddled with 9.6 trillion won ($8.3 billion) debt.
