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Reporter : Kim Yoo-chul
Sun, December 5, 2021 | 11:42
Samsung launches 1st global chip ETF
Samsung Asset Management in Hong Kong has officially launched the “Samsung Bloomberg Global Semiconductor ETF,” Tuesday. The product launches came amid expectation that Bae Jae-kyu, its deputy chief executive who is also in charge of the company's ETF business, may be ousted from his position during this year's planned annual reshuffle of its senior executives. Samsung Asset'...
CJ remains upbeat over approval for Batavia acquisition
A few days after CJ Group - a mid-tier conglomerate in Korea focused on food and beverages - said it plans to invest up to 10 trillion won until 2023, its entertainment affiliate said it is about to enter the highly-lucrative biopharma CDMO business.
Hyundai Motor considers producing GV70 EV in US
Hyundai Motor is considering manufacturing its automated GV70 electric vehicle (EV) model at its plant in the United States from as early as next year, sources and officials said Monday.
Samsung, US set to compromise on provision of chip data
Samsung Electronics and the U.S. government are looking to compromise on the latter's demand for the tech giant to hand over classified “semiconductor data” ahead of a Nov. 8 deadline. On Friday, government and Samsung sources said the company backed by the National Intelligence Service, and finance and trade ministries, was holding “last-minute” behind-the-scenes discussions...
Apple Korea chief offers to resign
The chief of Apple Korea is said to have offered to resign from the post, a few months after the country passed a bill banning Apple from requiring developers to use its in-app purchasing systems.
SsangYong Motor agrees to sale to Edison Motors
SsangYong Motor signed a contract with Edison Motors to let the electric bus maker acquire a 100-percent stake.
'Keep your heads up, LGES has client trust': CEO
The newly appointed CEO of LG Energy Solution (LGES), a global top-tier manufacturer of electric vehicle (EV) batteries, admitted that the company is facing difficulties because of a battery replacement campaign that led to a recall of about 150,000 of General Motors' Chevrolet Bolt EVs.
[ANALYSIS] Bond market sees fluctuation as election race heats up
The country's bond market will see a continued fluctuation in terms of yields as the presidential election race in Korea heats up.
[ANALYSIS] Semiconductors: Moon's leverage at G20 sideline
The top priority for President Moon Jae-in's attendance at this year's G20 Summit in Rome, Italy, is how to win support from U.S. Security Council members to move forward with his idea of making a formal declaration of the end of the Korean War before the end of his term next year, and how to narrow differences on the timing and conditions for the steps and expected consequen...
SK signs deal to acquire foundry chipmaker
SK hynix, the world's No. 2 memory chipmaker, signed a deal for acquisition of the country's leading foundry chip manufacturer amid the continued shortage of custom chips.
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