SKC is accelerating its business restructuring efforts, actively pursuing mergers and acquisitions (M&As) and investments, while streamlining its underperforming sectors. The company is transitioning its portfolio from a chemical-focused approach, including films and basic materials, to high value-a
With Samsung Electronics recently reported to have increased its cash reserves by over 40 trillion won (US$29.56 billion) in just one year, attention is once again turning toward large-scale mergers and acquisitions (M&As).According to the semi-annual report, Samsung Electronics’ cash and cash equiv
The Financial Supervisory Service (FSS) has called on foreign securities firms to make self-cleaning efforts to eradicate recurring illegal naked short selling. This means that the FSS has urged the foreign securities firms to learn how Korea’s regulations differ from international practices and to
Fundamental solutions such as shared growth of content and platforms and global distribution of videos and films are needed in order to improve the competitiveness of the Korean media industry, which is facing a crisis due to the rise of global over-the-top (OTT) service providers such as Netflix. T
The Korean government is approving the sale of national core technologies to foreign companies, national core technology transfers, or foreign investment in national core technology holding organizations after receiving reports on them. The number of such cases has more than tripled over the last fi
Amid a forecast that global semiconductor facility investment will return to a decline for the first time in four years, Samsung Electronics made the largest facility investment ever in the first half of this year. The Korean semiconductor giant is not only investing in research and development (R&D
The overseas subsidiary capital of Mirae Asset Securities has exceeded 4 trillion won (US$2.99 billion). It is the largest among domestic securities firms. The net profit earned overseas is also steadily increasing.According to the investment banking industry on Aug. 22, the capital of Mirae Asset S
Despite a sharp decline in operating profits, the top 50 companies in the stock market (KOSPI) have increased their workforce by more than 13,000 employees.According to the semi-annual reports released on Aug. 16, the combined operating profit of the top 50 companies in the KOSPI index, excluding fi
On Aug. 9 (local time), the U.S. federal government made a decision to regulate American capital investment in China’s advanced technology sector. This marks an escalation of the economic battle between the U.S. and China, expanding its front from trade and technology to the investment domain. This
Korea Development Bank (KDB), which has been pushing for the merger of Korean Air and Asiana Airlines, has started reviewing alternatives such as the sale to a third party, assuming the failure of the merger process. This move is interpreted as the initiation of “Plan B” after the merger between the
Samsung Electronics has slipped to fourth place in global semiconductor market capitalization rankings, surpassed by U.S.-based fabless semiconductor firm Broadcom. Non-memory companies such as Nvidia and Broadcom are expanding their territories through massive investments and mergers and acquisitio
Seventeen of the top 100 global unicorns (privately held companies with an enterprise value of more than 1 trillion won) are unable to do business in Korea due to regulations.The Korea Economic Research Institute of the Federation of Korean Industries said in its report titled “Global 100 Unicorn Co
SKC announced on July 7 that it has decided to acquire a 45% stake in ISC for a total of 522.5 billion won (US$400 million). This decision came following a board of directors meeting. The company will acquire a 35.8% stake held by the majority shareholder for 347.5 billion won and invest an addition
The world's first four-wheeled robot that can freely climb stairs, a drone managing Lotte World Tower, the tallest building in Korea, and an AI-based music service platform are all products of startups that Hyundai Motor Group has invested in.The Hyundai Motor Group announced on June 15 that it
Competition authorities in Korea and other major countries have approved the merger of Microsoft and game maker Activision Blizzard, accelerating the 90 trillion won (US$68 billion) merger of the gaming giant that has dragged on for one year and four months. If the merger is finalized, it is expecte
SK hynix's NAND Flash Solutions subsidiary, Solidigm, announced on May 16 that it had appointed Noh Jong-won, president of SK hynix, and David M. Dixon, vice president of Solidigm, as the new co-CEOs of Solidigm. The decision was made during a board meeting held in the U.S. on May 11, local time
A number of high-profile mergers and acquisition (M&A) deals were made in the entertainment industry recently. Kakao and HYBE's investment in SM Entertainment is a recent good example.Korean showbusiness companies are partnering with blockchain platforms for metaverse platforms or the non-fungib
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com -- Ed.Following the merger with POSCO Energy, synergies are expected at POSCO International on the full-fledged start of investment in its energy business. POSCO International plans to strengthen its g
EQT Partners, a private equity fund (PEF), has finalized the acquisition of SK Shieldus, a security business affiliate of SK Group. EQT will sign a stock purchase agreement (SPA) worth three trillion won with SK Shieldus this week. It will take over about 30 percent of the 63.1 percent stake held by
Samil PwC said in its report on Feb. 13 that the domestic shipping industry can realize economies of scale through mergers and acquisitions (M&As) and discover new growth engines through business diversification.According to the report, a total of 12 M&A deals worth 19.73 trillion won in total were