Samsung Electro-Mechanics, LG Innotek Set for Q2 Record as AI Substrate Squeeze Deepens
SEMCO Q2 operating profit seen +79% to KRW380.7B; FC-BGA demand outstrips supply by over 50% with no new capacity before 2028. LG Innotek FY26 OP est. KRW1.1T.
Overnight Lines Return as CJ Olive Young Opens Second U.S. Outpost Near Beverly Hills
CJ Olive Young opened its second U.S. store at Westfield Century City on June 13, 2026, as the USD 2 billion U.S. K-beauty market grew 37% in 2025 — the retailer now eyes a third California location a
Hyundai Motor Group Advances to 11.8% U.S. Market Share Through April as Hybrids Absorb Tariff Shock
Hyundai Motor Group claimed 11.8 percent of the U.S. auto market in the first four months of 2026, up one percentage point year-on-year, as hybrid sales surged 66 percent in January and a bilateral trade deal cut the tariff rate from 25 to 15 percent.
Shinhan Folds Its Super-App Into SOL Bank as Korea's Lenders Reignite the Platform War
Shinhan Financial Group (055550.KS), Korea's second-largest financial holding company by assets, will relaunch its all-in-one "Super SOL" platform on June 17, but the new version quietly concedes that its first attempt missed. Rather than maintain a standalone super-app, Shinhan is embedding card, securities and insurance functions directly into SO
K-Biotech's Animal-Free Pivot: Samsung Biologics and Peers Race to Meet New FDA and EU Drug Rules
The EU and FDA are converging on a phaseout of animal testing in drug development, creating a new competitive arena where Samsung Biologics and a cohort of Korean biotech firms are building organoid and AI capabilities to stay ahead.
SK Hynix Eyes August U.S. ADR Debut, Eyes USD 14 Billion as HBM Crown Meets Capital Markets
SK Hynix (000660.KS), the world's second-largest memory chipmaker and dominant supplier of high-bandwidth memory to AI data centers, is targeting an American De
KOSPI's 109% Rally Masks a K-Shaped Market: 31% of Stocks at New Lows as Two Chipmakers Claim 72% of Gains
As the KOSPI hits record highs near 8,800, market breadth has collapsed: 31% of listed stocks are at 52-week lows while Samsung and SK Hynix alone account for 72% of year-to-date gains.
Samsung SDI's Data Center Bet Begins to Pay Off as Q1 Loss Narrows 64%
Samsung SDI narrowed its Q1 2026 operating loss 64% to ₩155.6B as AI data center battery backup demand and US ESS shipments drove battery revenue up 13%. US capacity booked through 2027.
Korea ICT Exports Shatter Monthly Record at $47.79 Billion in May as AI Server Demand Marks Third Consecutive $40B-Plus Month
South Korea's May ICT exports soared 128.9% year-on-year to a record $47.79 billion, driven by semiconductor shipments that surged 169.2% to $37.16 billion on AI server demand.
SK Telecom, NTT, and Chunghwa Telecom Launch USD 500 Million IOWN AI Fund to Back Asia's AI Infrastructure
SK Telecom, Japan's NTT, and Taiwan's Chunghwa Telecom announced on June 10 a joint $500 million (approximately ₩760 billion) fund targeting artificial intellig
LG Electronics Opens Korea's First Humanoid Robot Data Factory, Deploys 300 CLOiD Units by Year-End
LG Electronics has converted its 33,000-sqm Yangjae R&D campus into Korea's first humanoid robot data factory. The company is committing more than KRW 400 billion through 2030, deploying 100 CLOiD humanoid robots in July scaling to 300 by year-end, with a 2028 commercial home-robot launch target.
Hanwha Ocean Wins ₩7.8T Destroyer Program as Rival’s Data-Leak Penalty Overturns Technical Lead
South Korea’s KDDX program has selected Hanwha Ocean as preferred bidder, awarding ₩7.8 trillion in destroyer contracts even as HD Hyundai Heavy Industries led on pure technical merit—until a court-upheld security deduction rewrote the score sheet.