SK Hynix Eyes August Nasdaq ADR Debut, Targeting USD 14 Billion in New Shares
SK Hynix is targeting an August Nasdaq ADR listing that could raise up to USD 14 billion, with SEC approval expected around June 22. The offering would make SK Hynix the first Korean chipmaker directly tradable on a U.S. exchange.
Foreign Ownership of KB Financial Tops 80% for First Time Since 2008, Reframing Chairman Reappointment
Foreign investors now own more than 80% of KB Financial Group for the first time since the holding company was established in 2008, bolstering Chairman Yang Jong-hee reappointment prospects.
Samsung C&T (028260.KS) Surges 13% on Dividend Overhaul
Hyundai Rotem Seals ₩748.2 Billion, 20-Year Morocco Maintenance Pact, Lifting Korea's Total Rail Bet Near ₩3 Trillion
Hyundai Rotem sealed a KRW 748.2 billion (USD 487.3M) 20-year maintenance contract with ONCF, pushing Korea's total Morocco rail commitment to ~KRW 2.98 trillion ahead of the 2030 FIFA World Cup.
Trump-Backed Apple-Intel Chip Pact Adds a Rival to Samsung's Foundry Comeback
President Donald Trump said on June 18 that Apple has agreed to "design and manufacture chips in the U.S." with Intel, a post on his Truth Social account that sent Intel shares up $12.72, or 10.5%, to $133.82 the same day (CBS News). Neither company confirmed the arrangement: Apple did not respond t
Samsung Electro-Mechanics Extends Record Rally as AI Server MLCC Demand Runs 10–20x Smartphones
Samsung Electro-Mechanics (009150.KS) hit a 52-week intraday high of ₩2,192,000 as AI servers demand 10–20x more MLCCs than smartphones, pitting it ag
Japan's LY Corp Closes Kakao Games Takeover, Taking 33.43% Control Stake
Kakao Games (293490.KS), the listed game-publishing arm of Korean internet conglomerate Kakao, disclosed on June 19, 2026 that control has formally passed to a Japanese owner. LAAA Investment, a speci
KOSPI Tops 9,000 for First Time, Led by Just Two Chip Stocks
South Korea's KOSPI (the country's benchmark stock index) closed above 9,000 for the first time on June 18, finishing at 9,063. 84, up 199.
Korean Air Pegs ₩900 Billion–₩1 Trillion Price Tag on Asiana Integration, Targets Breakeven by End-2028
Korean Air estimates ₩900 billion to ₩1 trillion to integrate Asiana Airlines, with ₩300 billion in annual synergies expected to offset costs by end-2028 to early 2029.
Pulmuone Extends 11-Year U.S. Tofu Lead as Jan–May Sales Climb 16.8% to ₩107.8 Billion
Pulmuone Foods USA logged ₩107.8 billion in Jan–May 2026 U.S. tofu revenues, up 16.8% year on year, as water-pack and high-protein formats drive record-pace sales across 15,000 U.S. stores.
KakaoPay, Toss Pay Pull Payment Services From Megabox as Court Freeze Locks Out Refunds
KakaoPay and Toss Pay pull payment gateway services from Megabox after Seoul Bankruptcy Court freezes JoongAng Group assets. Megabox carries 2,212% debt-to-equity ratio after 6 consecutive loss years.
Samsung's System LSI Guides to Annual Loss Despite Record Q1 Revenue as SoC Drag Persists
The head of Samsung Electronics' (005930