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Prosecution Seeks 5-Year Sentence for Samsung’s Lee Jae-yong in Appeals Trial
Reporter Kim Jisun 2024.11.26
[Alpha Biz= Reporter Kim Jisun] The prosecution has maintained its demand for a 5-year prison sentence and a fine of 500 million K ...

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LG Group Secures $300 Million Contract for AI Data Center in Indonesia
Reporter Kim Jisun 2024.11.26
[Alpha Biz= Reporter Kim Jisun] Three LG Group affiliates—LG CNS, LG Electronics, and LG Energy Solution—have jointly won a $300 m ...

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Samsung Heavy Industries Secures Order for Four Container Ships Worth 1.098 Trillion KRW
Reporter Kim Jisun 2024.11.26
[Alpha Biz= Reporter Kim Jisun] Samsung Heavy Industries announced on the 25th that it has signed a construction contract with an ...

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LG to Repurchase and Cancel 500 Billion Won of Shares as Part of Shareholder Return Strategy
Reporter Kim Jisun 2024.11.25
[Alpha Biz= Reporter Kim Jisun] LG announced on the 22nd that it will cancel a total of 500 billion won worth of its own shares by ...

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Hanwha Ocean Withdraws Police Report Against HD Hyundai Heavy Industries Amid KDDX Dispute
Reporter Kim SangJin 2024.11.25
[Alpha Biz= Reporter Kim Sangjin] On the 22nd, Hanwha Ocean announced that it has withdrawn its police report against HD Hyundai ...

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TCK Wins Patent Infringement Lawsuit Against YMC and Waikeom Over SiC Rings
Reporter Kim SangJin 2024.11.25
[Alpha Biz= Reporter Kim Sangjin] TCK announced on the 22nd that it won a patent infringement and damages lawsuit against YMC and ...

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Hanwha Q CELLS' Financing Subsidiary, EnFin, Successfully Raises $325 Million through ABS Issuance
Reporter Kim SangJin 2024.11.25
[Alpha Biz= Reporter Kim Sangjin] Hanwha Q CELLS' residential solar financing subsidiary, EnFin, announced on the 22nd that it suc ...

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Binggrae to Split into Holding Company and Operating Company
Reporter Kim SangJin 2024.11.25
[Alpha Biz= Reporter Kim Sangjin] Binggrae announced on the 22nd that it will split into a holding company and an operating compan ...

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Lotte Shopping is considering the sale of its Lotte Department Store in Centum City, Busan.
Reporter Kim SangJin 2024.11.25
[Alpha Biz= Reporter Kim Sangjin] According to the investment banking (IB) industry on the 22nd, Lotte Shopping recently selected ...

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Hyundai and Kia Recall Over 208,000 EVs in U.S. Due to ICCU Defect
Reporter Kim SangJin 2024.11.25
[Alpha Biz= Reporter Kim Sangjin] Hyundai and Kia are recalling over 208,000 electric vehicles (EVs) in the U.S. due to a defect i ...

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Samsung Electronics Ordered to Pay $166 Million in Patent Infringement Case to U.S. Firm Netlist
Reporter Kim SangJin 2024.11.25
[Alpha Biz= Reporter Kim Sangjin] Samsung Electronics has been ordered to pay $116 million (approximately 166 billion KRW) in dama ...

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Ministry of Employment and Labor Launches Investigation into Samsung Electronics' Radiation Exposure Incident Under Serious Accident Law
Reporter Kim SangJin 2024.11.25
[Alpha Biz= Reporter Kim Sangjin] The Ministry of Employment and Labor has launched an investigation into a radiation exposure inc ...

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LS Electric Secures 500 Billion KRW HVDC Transformer Supply Contract
Reporter Kim Jisun 2024.11.25
[Alpha Biz= Reporter Kim Jisun] LS Electric has secured a supply contract for ultra-high voltage direct current (HVDC) transformer ...

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Hyundai's Chairman Chung Eui-sun Says "We Will Cooperate with Toyota on Hydrogen" in First Official Mention
Reporter Kim Jisun 2024.11.25
[Alpha Biz= Reporter Kim Jisun] Hyundai Motor Group Chairman Chung Eui-sun has officially mentioned the possibility of hydrogen co ...

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Fire Breaks Out Again at POSCO Pohang Steel Plant's 3 FINEX Facility, Just 14 Days After Previous Blaze
Reporter Kim Jisun 2024.11.25
[Alpha Biz= Reporter Kim Jisun] A fire has erupted again at POSCO's Pohang Steel Plant's 3 FINEX facility, just 14 days after the ...

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Netmarble Lowers Target Price to 70,000 KRW Amid Decline in 'Solo Leveling' Revenues
Reporter Kim Jisun 2024.11.25
[Alpha Biz= Reporter Kim Jisun] On November 25, Yuanta Securities lowered its target price for Netmarble from 85,000 KRW to 70,000 ...

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Leadership Changes Expected at Woori and NH Nonghyup Banks, Reappointment Likely for KB Kookmin, Shinhan, and Hana Banks
Reporter Kim Jisun 2024.11.25
[Alpha Biz= Reporter Kim Jisun] As the terms of major bank CEOs near expiration, the upcoming leadership changes in South Korea's ...

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Korea Zinc Faces Potential Non-Compliance Designation Over Disclosure Reversal
Reporter Kim Jisun 2024.11.25
[Alpha Biz= Reporter Kim Jisun] The Korea Exchange (KRX) announced on November 22 that it has issued a preliminary notice to desig ...

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Hankook & Company Faces Post-Acquisition Challenges with Hanon Systems
Reporter Kim Jisun 2024.11.25
[Alpha Biz= Reporter Kim Jisun] Hankook & Company Group finalized the acquisition of Hanon Systems at the end of last year, in ...

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Korea Zinc Files Complaint Against MBK and Young Poong for Alleged Fraudulent Trading
Reporter Kim Jisun 2024.11.22
[Alpha Biz= Reporter Kim Jisun] Korea Zinc announced on the 21st that it has submitted an additional complaint to the Financial Su ...