Celltrion (068270.KS): Q2 Op Profit Up 77%, Shares Down 20%
Celltrion (068270.KS), South Korea's largest biosimilar maker, reported preliminary second-quarter 2026 results on July 3 showing operating profit up 77.3% to ₩
Samsung SDI (006400.KS) Converts Idle EV Lines to Storage
Samsung SDI (006400.KS), South Korea's second-largest battery maker, is converting stalled and underused electric-vehicle battery lines in the United States and
LG Chem Enters Semiconductor Stripper Market With Amkor Technology Deal, Eyes KRW 2 Trillion Materials Revenue
LG Chem entered the semiconductor stripper market on July 5, announcing a mass-production supply deal with Amkor Technology. The customized stripper cuts photoresist removal time by 50% and supports the company's target to double electronic materials revenue to KRW 2 trillion by 2030.
Bank of Korea Flags KOSPI Concentration Risk as Samsung and SK Hynix ETFs Surge — While 'Chipflation' Hits Consumer Wallets
Bank of Korea warns Samsung and SK Hynix ETF concentration has reached 55.3% of KOSPI market cap, while chipflation pushes storage device prices up 45.6% year-on-year — highest among 458 CPI basket items.
Korean Won Logs Second-Worst H1 Since 1998 as Foreign Investors Unload ₩156 Trillion in KOSPI Shares
The Korean won fell 5.92% in H1 2026, posting its second-worst first-half average since the 1998 Asian financial crisis. Foreign investors sold ₩156.56 trillion in KOSPI shares, more than 4.5 times the full-year 2008 total.
Korea's Fake News Law Takes Effect July 7: Kakao and Naver Face New Platform Liability Rules
South Korea's revised Information and Communications Network Act takes effect July 7, 2026, exposing Kakao (035720.KS) and Naver to punitive damages and CEO liability for content moderation failures.
Samsung (005930.KS), SK Hynix Rise 8–11% as Kospi Tops 8,000
South Korea's chip duo staged one of the sharpest reversals of the year on Friday, July 3, and the pattern of the move matters more than its size. The Kospi (Ko
Seoul Court Terminates Homeplus Rehabilitation, Korea's No. 2 Hypermarket Faces Liquidation
Seoul Bankruptcy Court terminated Homeplus' rehabilitation proceedings on July 3 after the MBK Partners-owned retailer failed to raise KRW 200B in operating capital. With a 14-day appeal window, Korea's second-largest hypermarket faces liquidation — with implications for E-Mart, Lotte Shopping, and Meritz Financial.
Samsung Targets Third Straight DRAM Price Hike in Q3, Seeking Up to 20% Rise After 90% Jump in Q1
Samsung Electronics is seeking a 20% DRAM price hike for Q3 2026, marking the third consecutive quarter of double-digit increases after +90% in Q1 and +50-60% in Q2, with TrendForce projecting 13-18% actual gains.
LG Energy Solution Locks In Humanoid Battery Contracts With Tesla, Boston Dynamics and Figure AI
LG Energy Solution (373220.KS) confirms battery supply deals with Tesla, Boston Dynamics, and Figure AI for humanoid robots, betting on high-nickel ternary chemistry to outpace Chinese LFP rivals.
SK Hynix Weighs Record $29B Nasdaq ADR as July 10 Debut Nears
SK Hynix targets up to $29B in Nasdaq ADRs (largest ADR ever), with July 10 trading start and BofA/GS/Citi/JPM as underwriters. Proceeds earmarked for Yongin fab and Cheongju P&T7 packaging plant.
Hanwha, Hyundai Pledge Combined KRW 97 Trillion to Transform Yeongnam Into Defense-Aerospace Hub
Hanwha Group and Hyundai Motor Group pledged a combined KRW 97 trillion for the Yeongnam region, with Hanwha focusing on space sovereignty via launch vehicles and satellites, and Hyundai on next-generation EVs and clean energy.
₩350T Q2 Memory Surge: Samsung (005930.KS), SK Hynix Records
The global memory-chip market is on track to approach ₩350 trillion ($254 billion) in the second quarter of 2026, a figure that sets up record earnings for Kore
Verizon's $3.2B Spectrum Sweep Puts Samsung's 5G Network Unit Back in Focus
Verizon won 91% of the FCC's first spectrum auction in four years, committing USD 3.2 billion for mid-band capacity. Samsung Electronics, Verizon's primary 5G network-equipment partner under a ₩7.9 trillion supply contract, stands to benefit as US regulators bar Chinese-made telecom components.
Samsung (005930.KS) Pledges ₩60T for Korea Physical AI Hub
Samsung on July 3 pledged to invest ₩60 trillion ($43.8 billion) in the Yeongnam region — the industrial belt of southeastern Korea centered on Busan, Ulsan and
KOSPI Whipsaws to 5.8% as Funds Catch Samsung, SK Hynix Dip
South Korea's benchmark KOSPI index staged one of its wildest sessions of the year on Friday, July 3, swinging from a 3.5% intraday plunge to a sharp "V-shaped"
Hanmi Science (008930.KS) Heir Stake Tips Family Past Shin
The younger son of Hanmi's founding family has sold a 2.5% stake — roughly ₩82.07 billion ($59.9 million) worth of shares — to a fund aligned with his mother an
Daewoo E&C Returns to US Real Estate After 20-Year Hiatus With $291M New Jersey Project
South Korea's Daewoo E&C returns to US real estate after a 20-year absence with a $291 million investment in Palisades Park, New Jersey, partnering with Tamares Group on an 18-story, 540-unit residential complex through its US unit DUSAI.
KB Financial (105560.KS) Narrows Chairman Race to Six
KB Financial Group (105560.KS), South Korea's largest financial holding company by market value, narrowed its chairman succession field to six candidates on Jul
Hyundai and Kia Post Record 920,383 H1 US Sales as Hybrids Surge 65.5%, EVs Drop
Hyundai Motor and Kia delivered 920,383 vehicles in H1 2026, setting a new record as hybrid sales surged 65.5% YoY while EV deliveries fell 9.7%.
Samsung, SK Hynix and Celltrion Pledge KRW 392 Trillion to Chungcheong in Korea's 'Second Tokyo Declaration'
Samsung, SK Hynix CEO Kwak No-jeong and Celltrion commit KRW 392 trillion to Chungcheong as President Lee calls it Korea's 'second Tokyo Declaration.' Anthropic also eyes Samsung 2nm foundry.
LG Energy Solution (373220.KS) Ohio EV Plant Pivots to ESS
A $3.5 billion battery plant that Honda and LG Energy Solution broke ground on to build electric-vehicle cells has instead started churning out cells for the po
Celltrion (068270.KS) Q2: Margin 33%, Record ₩430B Profit
Celltrion (068270.KS), Korea's largest biosimilar maker, said its second-quarter operating margin leapt to roughly 33% — the sharpest profitability move in the
KOSPI Sinks 7.9% as 'Meta Shock' Routs Korean Chip Stocks
KOSPI plunged 7.89% to 7,648.09 on July 2, 2026 as Meta's AI cloud plans sparked fears of AI compute overcapacity, sending SK Hynix down 14.57% and Samsung down 9.06% in a 'Black Thursday' rout.
Seoul and Washington Clash Over ₩624.7B Coupang Fine as US House Labels Korea's Data Enforcement Discriminatory
South Korea's Foreign Ministry and NIS push back against a US House Judiciary Committee report that labels the PIPC's record ₩624.7 billion ($403 million) privacy fine against Coupang as 'discriminatory.' The fine stems from a Chinese-employee data breach exposing 37 million Coupang users.
Google's €4.1B EU Fine Sealed, Samsung (005930.KS) in Focus
On July 2, the Court of Justice of the European Union (the EU's highest court, whose rulings cannot be appealed) dismissed the final challenge from Alphabet's G
Hanmi Pharma (128940.KS) Promotes Obesity, Licensing VPs
Hanmi Group, a Korean pharmaceutical group whose listed drugmaker Hanmi Pharmaceutical (128940.KS) is a KOSPI large-cap, on July 2 promoted six executives in it
SK Hynix Pledges ₩100 Trillion ($64B) for New Memory Capacity
SK Hynix CEO announces ₩100 trillion ($64B) Cheongju investment: ₩80T for NAND fab M17 (2029) and ₩20T for advanced HBM packaging (2027), as KOSPI fell 4.46% on AI capex fears.
Hanmi Semiconductor Chairman Buys ₩5B Stock Before HBM4 Ramp
Hanmi Semiconductor Chairman Kwak Dong-shin adds ₩5B in personal stock purchases, bringing three-year total to ₩69.5B, signaling conviction in TC Bonder demand ahead of HBM4 ramp.
BYD's First Korea Recall Part of 146,505-Vehicle Sweep
South Korea orders 146,505-vehicle recall. BYD faces first-ever Korean recall; Hyundai Tucson leads volume at 54,792 units.
SK Inc. and KKR Form Korea's Largest Renewable Energy Joint Venture, Targeting 10 GW by 2031
SK Inc. and KKR sign a KRW 2 trillion JV to create Korea's largest renewable energy platform at 1.7 GW initial capacity, targeting 10 GW by 2031.
Samsung Reaffirms 1.4nm for 2029, Bets on Ecosystem vs TSMC
Samsung used SAFE Forum 2026 to confirm 1.4nm (SF1.4) mass production for 2029 and reframe its foundry pitch around AI ecosystem partners, not raw pro
Samsung (005930.KS): 1.4nm Node for 2029, Ecosystem Play
Samsung Electronics, Shinhan and 11 Other Korean Firms Join 140-Company OUSD Dollar Stablecoin Consortium
Samsung Electronics, Shinhan Financial Group and 11 other Korean firms join the 140-member Open Standard consortium alongside Visa, Mastercard, Stripe, Coinbase, and BlackRock to co-launch OUSD — a zero-fee B2B dollar stablecoin — before end-2026. Kakao Dunamu, Kakao Bank, KBank, Samsung Card and eight card networks round out Korea's 13 founding participants.
Samsung SDI CEO Targets 2026 Performance Turnaround, Calls for Full 'AI Native' Transformation at 56th Anniversary
Samsung SDI CEO Choi Joo-seon pledged a 2026 performance turnaround and full AI Native transformation at the battery maker's 56th anniversary ceremony in Yongin.
SK Hynix Files Amended Nasdaq F-1, Disclosing KRW 11.94T EUV Equipment Budget Ahead of July 10 Debut
SK Hynix files amended SEC F-1, detailing KRW 11.94T for EUV equipment, KRW 31T for Yongin Y1 fab and KRW 19T for Cheongju HBM plant ahead of July 10 Nasdaq debut.