Samsung and LG Race to Build the USD 176 Billion AI Modular Home Market
Samsung Electronics and LG Electronics are racing to dominate a USD 176 billion smart housing market by bundling AI, HVAC, and modular prefab homes — a pivot beyond traditional white goods.
- 02
KOSPI Eyes Historic 9,000 as SK Hynix Extends Market-Cap Crown on Micron Earnings Beat
South Korea's KOSPI surged 5.6% toward 9,000 on Thursday as SK Hynix jumped 11.6%, extending its new role as Korea's largest listed company after Micron's AI-driven earnings beat.
- 03
Samsung C&T Posts 7.5% Revenue Growth in Q1 2026, Net Income Jumps 15.9% on Bio Surge
Samsung C&T Q1 2026: Revenue KRW 10.47T (+7.5% YoY), OP KRW 720.4B (-0.6%), Net Income KRW 1.086T (+15.9%). Bio segment drove 67% of operating profit. Construction backlog KRW 92.4T.
- 04
Korea Unveils First-Ever 'Korea Rising' Session at BIO 2026 as Celltrion Bets on AI-Drug Pivot and ABL Bio Eyes Global Licensing
Korea debuts 'Korea Rising' session at BIO 2026 as Celltrion pivots to AI drugs and ABL Bio seeks global licensing deals, while KB Investment warns Korean biotechs to form US subsidiaries to access institutional capital.
- 05
Samsung Biologics CEO Reaffirms 15-20% Growth Target at BIO USA 2026, Advances Rockville Ramp and Netherlands Hub
Samsung Biologics CEO John Rim unveiled a three-pillar global expansion at BIO USA 2026: Rockville integration (USD 280M, 60,000L), Netherlands hub (Q3 2026), and Songdo Plant 6 decision by year-end, targeting 1.3 million liters by 2032.
- 06
Hanwha Aerospace Signs UAE Teaming Deal to Build K9 Howitzer Locally, Deepening Middle East Defense Footprint
South Korea's Hanwha Aerospace signed a teaming agreement with UAE's Generation 5 Holding at Eurosatory 2026 to produce the K9 self-propelled howitzer locally in the UAE, extending its Middle East defence footprint.
- 07
Samsung's Financial Affiliates Cross KRW 100 Trillion in Capital for First Time as Stock Rally Drives Unrealized Gains
Samsung Life, Samsung Fire, Samsung Card and Samsung Securities collectively surpassed KRW 100 trillion in capital for the first time at end-2025, with a KRW 31 trillion gain accounting for nearly thr
- 08
Korea's Big-Three Department Stores Each Poised to Cross KRW 1 Trillion in Foreign Sales as Tourism Hits 10 Million Ahead of Schedule
Hyundai Department Store, Shinsegae, and Lotte are each on track to surpass KRW 1 trillion in foreign-customer sales in 2026 as inbound tourism to Korea reached 10 million visitors ahead of schedule and K-wave demand drives luxury and fashion spending.
- 09
Samsung Electronics Weighs KRW 90 Trillion Buyback as Memory Export Boom Signals Q2 Earnings Beat
Samsung Electronics surged 9.84% after Yonhap reported a KRW 90 trillion (USD 59B) share buyback plan, while NAND export prices surged 822% YoY and Nomura raised its target price to KRW 670,000.
- 10
SK Hynix Confirms Nasdaq ADR Listing on July 10, to Raise Up to KRW 45.5 Trillion for Yongin Chip Cluster
SK Hynix board approved a Nasdaq ADR listing on July 10, issuing 17.79 million new shares worth KRW 45.5 trillion (~USD 29B) to fund the Yongin chip cluster, Cheongju packaging fab, and EUV tools. The deal would top Alibaba's record 2014 US offering.
- 11
HD Construction Equipment Launches DEVELON 20-Ton Excavator at Pune Hub, Targets 23,000-Unit Middle East/Africa Market as Regional Sales Jump 68%
HD Construction Equipment (267270.KS) launched its new DEVELON 20-ton excavator at its Pune, India manufacturing hub on June 24, targeting the Middle East and Africa as regional sales surged 68.1% in 2026.
- 12
EcoPro Materials Swings to Profit in Q1 2026 as Indonesian Smelter Consolidation Drives 22% Revenue Jump
EcoPro Materials posts Q1 2026 consolidated operating profit of KRW 15.7B, reversing a KRW 14.8B loss a year earlier, as the first-time consolidation of PT Green Eco Nickel drives revenues 22% higher to KRW 166.5B.
- 13
Hyundai Mobis Q1 2026: Revenue Up 5.5% to KRW 15.6T, Net Income Slides 14% on Equity-Method Gap
Hyundai Mobis posted Q1 2026 revenue of KRW 15.56 trillion (+5.5% YoY), with operating profit up 3.3%, while net income fell 14.4% on lower equity-method gains from affiliates.
- 14
Samsung SDI Issues Equipment Orders for Indiana ESS Conversion, Targeting 31 GWh LFP Capacity as EV Demand Slumps
Samsung SDI issues LOI and purchase orders to Korean equipment makers including Innometry and Phil Energy to convert three StarPlus Energy lines from EV to ESS LFP battery production.
- 15
Lotte Shopping Q1 2026: Operating Profit Surges 71% as Cost Discipline Offsets Soft Demand
Lotte Shopping (023530.KS) posted Q1 2026 operating profit of KRW 252.9 billion, up 70.6% year-on-year, as cost controls and cinema recovery offset modest top-line growth of 3.6%.
- 16
K-Beauty M&A Trap: Western Giants Watch Brands Wither as Domestic Players Eye Buybacks
Unilever, Estée Lauder, and L'Oréal paid billions for Korean beauty brands only to watch earnings decline. Now domestic operators are buying back at deep discounts.
- 17
Flashlight Capital Takes USD 40 Million Stake in Samsung Affiliate S-1 Corp, Demands Independent Directors and Cash Return
Activist fund Flashlight Capital discloses a USD 40 million (approximately 2%) stake in S-1 Corporation (012750.KS) and issues a five-point governance overhaul plan targeting Korea's largest security company, citing a 3.3x EV/EBITDA valuation versus 12.0x for domestic peer SK Shieldus.
- 18
Kia Union Demands KRW 2.72 Trillion Bonus and Veto Over Robot Deployment as Korea's Yellow Envelope Act Takes Hold
Kia Corp's union has demanded KRW 2.72 trillion in bonuses and veto power over spending plans and new vehicle programs, citing Korea's Yellow Envelope Act effective March 2026.
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