Samsung (005930.KS) Q2 Profit Surges 19x to Record ₩89.4T
Samsung Electronics — South Korea's largest company and the single heaviest weight on the KOSPI, Korea's benchmark stock index — guided on July 7 to a record se
Microsoft Cuts 4,800 Jobs; $190B AI Spend Lifts SK Hynix
Microsoft (MSFT) said on Monday, July 6, that it is cutting about 4,800 jobs — roughly 2.1% of its global workforce — with the Xbox gaming division and its comm
Korea Raises Bar for Subsidiary IPOs, Targeting Korea Discount as HD Hyundai Robotics and Kakao Mobility Eye Listings
Korea's FSC and KRX published draft dual-listing guidelines on July 6, requiring parent companies to obtain minority shareholder approval before separately listing subsidiaries. The rules affect planned IPOs including HD Hyundai Robotics and Kakao Mobility.
LG (003550.KS) Sets 10% Supplier Pass-Through, KFTC Backs It
South Korea's LG Group (holding company LG Corp, 003550.KS), one of the country's largest family-controlled conglomerates, said on July 6 it will lift the share
Samsung (005930.KS), SK hynix ₩800T Chip Bet Stokes Tariff Risk
Samsung Electronics (005930.KS), the world's largest memory-chip maker, and SK hynix (000660.KS), Korea's second-biggest chipmaker and the leading supplier of h
Samsung Life Turns Samsung Electronics' ₩1.2 Trillion Block Deal Into an M&A War Chest
Samsung Life Insurance converts record Samsung Electronics block-deal proceeds into M&A firepower, bidding for KDB Life and positioning Samsung Securities for an IMA push.
Samsung's Rainbow Robotics Expands Toyota Humanoid Supply Fivefold as Global Robot Race Accelerates
Samsung's Rainbow Robotics has grown RB-Y1 humanoid deliveries to Toyota fivefold in two years, reaching ~25 units, as Samsung bets KRW 354 billion and establishes a CEO-level Future Robotics Office to capture the USD 70 billion humanoid market.
Korea's Shipbuilders Set to Lose CA$30 Billion Canada Submarine Contract to Germany's Thyssenkrupp
South Korea's shipbuilding consortium — Hanwha Ocean and HD Hyundai Heavy Industries — is poised to lose the CA$30 billion Canadian submarine contract to Germany's Thyssenkrupp Marine Systems, local media reported Monday. The total program is valued at up to CA$50 billion for 12 submarines, representing a significant setback for Korea's defense export push.
Apple's First Foldable iPhone Set to Reshape Panel Market; Samsung Display Poised to Gain Share
Counterpoint Research forecasts 2026 foldable panel shipments at 27.5M units (+24% YoY) and revenue at $4.4B (+48%), driven by Apple's first foldable iPhone entry in H2. Samsung Display expanded Q1 market share from 15% to 22% and is well-positioned to capture Apple supply contracts.
E-Mart and Lotte Shopping Race to Lock In Homeplus Customers as Korea Hypermarket Shifts to Duopoly
With Homeplus closing 37 stores in June, E-Mart and Lotte Shopping are already posting double-digit nearby-store sales gains. Korea's hypermarket sector is restructuring to a duopoly — and the full benefit has yet to hit Q2 earnings.
Korea Battery Trio Q2 Turn: LG Energy Leads on US Subsidy
LG Energy Solution (373220.KS), the largest of Korea's three lithium-battery makers, is expected to swing back into the black when it reports second-quarter res
Samsung Electronics (005930.KS) Q2 Record; KOSPI at 7,938
Samsung Electronics (005930.KS), the world's largest memory-chip maker, is expected to report a historic quarter when it publishes preliminary second-quarter re