SK On and Shinhan Investment & Securities have joined hands to build a domestic battery industry ecosystem. They will invest in companies with excellent battery technologies to promote their commercialization.The two companies signed an MOU to that effect at Shinhan Securities Tower in Yeouido, Seou
DL E&C announced on Jan. 18 that he has decided to make a strategic investment in X-Energy, a U.S. company developing small modular reactor (SMR) technology.DL E&C will invest US$2 million to take over the convertible bonds issued by X-Energy. Doosan Enerbility, a domestic nuclear power equipment co
SK On, a leading electric vehicle (EV) battery manufacturer, announced on Jan. 19 it has signed a joint development agreement (JDA) with U.S. graphite processor Urbix Inc., a move that could help it establish a foothold in the U.S. anode material supply chain following the enactment of the Inflation
The author is an analyst of NH Securities and Investment. He can be reached at yk.choi@nhqv.com. -- Ed.SK Innovation will likely report disappointing 4Q22 earnings. Although we lower our earnings estimates, we believe that the firm will achieve gradual OPM improvement down the road. SK On should tur
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. Having developed VR content in the domestic game market for over 10 years, SKonec boasts the heftiest VR game track record among Korean players. With global IT companies now starting to laun
The author is an analyst of NH Investment & Securities. He can be reached at jaekwang.rhee@nhqv.com. -- Ed. China has resumed commercial operations of the Boeing 737 MAX for the first time in four years. Amid an accompanying rise in global aircraft production this year, the beneficiaries are to incl
The prosecution has indicted five people for leaking the world's first supercritical semiconductor cleaning equipment core technology developed by SEMES, a key subsidiary of Samsung Electronics, to China.The Suwon District Prosecutor’s Office announced on Jan. 16 that it has indicted five people
Lotte Biologics will invest an additional 1.2 trillion won to build one more CMO plant in Korea. The company will have a total of three CMO plants in Korea. It also plans to create a bio campus around the three plants to provide drug developers with one-stop service from clinical tests to commercial
SK Telecom announced on Jan. 12 that its top officials had meetings with the management of Joby Aviation, a leading urban air mobility (UAM) company, in the United States.SK Telecom’s key executives, including president Yoo Young-sang, met with the top officials of Joby Aviation, including CEO JoeBe
Hanwha Group will invest 3 trillion won to build a solar hub, an integrated solar power production complex, in the U.S. state of Georgia. This will mark the largest investment in the history of the U.S. solar power industry. “We are planning to invest 3.2 trillion won to create a solar hub in Dalton
EOFlow Co., a provider of wearable drug delivery systems, has partnered with Diabeloop, a French company developing diabetes automated treatment solutions, to provide patients with convenient access to EOFlow’s EOPatch system combined with an automated insulin delivery (AID) system.EOFlow and Diabel
Hanwha Q CELLS will expand its solar module plant in the United States.On Jan. 10, the Atlanta Journal Constitution (AJC), a local media outlet in the U.S. state Georgia, reported that Hanwha Q CELLS is planning to build the largest solar module plant in the United States by expanding its plant in G
SK Inc., together with its life science affiliates including SK biopharmaceuticals and SK pharmteco, will hold a networking event to expand their global partnerships in the U.S., the world’s largest bio and pharmaceutical market. SK Inc. is the strategic investment holding company of Korea’s SK Grou
LS Group announced on Jan. 8 that group chairman Koo Ja-eun attended CES 2023 in Las Vegas of the United States with executives and employees from the group's major affiliates for two days on Dec. 6 and 7.Koo was accompanied by Myung Roh-hyun, CEO of LS Corp., Koo Bon-kyu, CEO of LS Cable & Syst
Protium Science, a contract development and analysis organization (CDAO) in Korea, announced that it has signed a contract development and analysis service agreement with MUSTBIO, a biotechnology company specializing in multi-specific antibody platforms.Under the agreement, Protium Science, as a CDA
Lotte E&C will set up a joint fund worth 1.5 trillion won with Meritz Securities in a bid to get out of its liquidity crunch, the company announced on Jan. 6.Lotte E&C will sign an agreement on fund establishment with Meritz Securities on Jan. 9. Lotte Group's major affiliates, including Lotte P
When SK On received a request from a global automaker in 2018 to make an electric vehicle (EV) battery that can be fast charged within 18 minutes, the South Korean battery manufacturer did not hesitate to say “yes.”It was the beginning of SF Battery (Super Fast Battery) which claimed the Best of Inn
At CES 2023 this week, SK Inc. hosted a food truck for visitors that offered sustainable food including Korean-style shaved ice dessert, "bingsu" – made with animal-free milk from the California-based Perfect Day. The food, located outside the exhibit hall of the Las Vegas Convention Center, also in
Daewoong Pharmaceutical announced on Jan. 5 that it signed a contract with Oncorus of the United States on Jan. 4 for joint R&D and commercialization of lipid nanoparticle (LNP) mRNA drugs.Oncorus is a U.S. a biopharmaceutical company focused on developing next-generation RNA-based immunotherapies.T
Hyundai Motor Group announced on Jan. 4 that its U.S. subsidiary Supernal will develop advanced future aviation solutions in cooperation with Microsoft, which has technologies for autonomous flight simulations.The two sides will promote cooperation in a wide range of fields, including cloud converge