GM Korea (NYSE: GM): 86.5% Strike Vote, 85% Output US-Bound
SK Hynix Sets July 10 Nasdaq Debut, Aiming to Raise Up to $29 Billion in Record ADR Sale
Naver Opens AI Tab to 50 Million Daily Users, Aims to Turn Search Into a Transaction Layer
Naver (035420.KS) rolls out HyperClova X-powered AI Tab to all 50M daily users after 4M-user beta. Product card CTR hit 20%+; real estate and health agents planned for H2 2026.
UK Backs Hanwha Ocean (042660.KS) in $43B Submarine Race
Ecopro BM (247540.KQ) $341M Bond Put Looms; LG Chem PRS Eyed
onsemi's $7B Synaptics Deal Reshapes Edge-AI Chips for Korea
Apple Presses White House for CXMT Chip Clearance, Posing First Competitive Threat to Samsung and SK Hynix's Apple Account
Apple is lobbying the Trump administration for assurances that China's CXMT will not be added to the Entity List, a move that would open the door for Chinese DRAM in Apple devices and challenge Samsung (005930.KS) and SK Hynix (000660.KS), which together control ~70% of global DRAM supply. Memory prices have quadrupled over three quarters, prompting Apple to raise product prices by USD 100–500.
Hanwha Vision Q1 2026: Operating Profit Falls 55% as Bundang HQ Acquisition Adds KRW 308B in New Debt
Hanwha Vision (489790.KS) reported Q1 2026 operating profit of KRW 22.1B, down 55.3% YoY, as a KRW 307.9B Bundang headquarters acquisition added heavy non-cash financial charges and industrial equipment losses widened.
Samsung Biologics Unveils Four Drug Delivery Platforms at BIO USA 2026, Targeting Technology Licensing as New Revenue Pillar
Samsung Biologics presented four proprietary drug delivery platforms at BIO USA 2026, signaling a push into technology licensing to diversify revenue beyond contract manufacturing.
LG Innotek Eyes Record H2 as AI Substrate Revenue Poised to Surge 14x by 2030, KB Securities Maintains KRW 2M Target
KB Securities maintains BUY on LG Innotek with KRW 2M target as AI substrate FC-BGA revenue is set to grow 14-fold to KRW 2T by 2030; Q2 2026 operating profit forecast at KRW 202.8B, 18x year-over-year.
BYD Launches Korea's First PHEV at KRW 37.5 Million, Challenging Hyundai and Kia at Busan Mobility Show
BYD Korea unveiled the Sealion 6 DM-i plug-in hybrid at the 2026 Busan Mobility Show on Thursday, marking its first PHEV launch in Korea at KRW 37.5 million — a direct price challenge to Hyundai Motor and Kia's dominant mid-size SUV lineup.
Second Worker Dies at S-Oil's USD 7B Shaheen Site as Soil Collapse Strikes Hyundai E&C Package
A soil collapse killed one worker at Hyundai E&C's package at S-Oil's KRW 9.3 trillion Shaheen ethylene complex in Ulsan, the second fatality at the site in 31 days.