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MBK-Backed Fund's Korea Zinc Acquisition Faces Controversy Over Foreign Capital Involvement
Reporter Kim SangJin 2024.12.30
[Alpha Biz= Kim Sangjin] According to the industry on Sunday, the 6th fund, which is the acquirer of Korea Zinc, backed by MBK, is ...

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LG Energy Solution Increases R&D Investment to Record High Despite Electric Vehicle Demand Slowdown
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] LG Energy Solution has increased its research and development (R&D) investment to a record high despite ...

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Naver Pay Expands QR Payment Service to All of Mainland China, Integrates with WeChat Pay
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] Naver Pay has expanded its QR payment service to all of mainland China, enabling users to make payments via ...

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SK hynix System IC Initiates Workforce Restructuring Amid Legacy Semiconductor Downturn
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] SK hynix System IC, the foundry subsidiary of SK hynix, has begun a company-wide restructuring process, cit ...

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Jeju Air Plane Involved in Muan Airport Accident Operated Non-Stop for 48 Hours
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] The Jeju Air aircraft involved in the accident at Muan Airport on Friday had made 13 flights across eight a ...

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Kakao Faces Delays in Testing Its Ambitious AI Mate Service ‘Kanana’
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] Kakao’s much-anticipated AI mate service, "Kanana," will miss its originally planned internal testing timel ...

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South Korea's Supreme Court Rules Coupang Logistics' Ban on Union Members' Access Was Unlawful
차혜영 기자 2024.12.30
[Alpha Biz= Cha Hye Young] Coupang Logistics Service (CLS), the logistics subsidiary of Coupang, was found to have acted unlawfull ...

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Kangwon Land and Neowiz Launch Korean-Inspired Slot Game 'Shinsu Manbok' in Casino Debut
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] Kangwon Land and Neowiz have officially launched their jointly developed slot game, "Shinsu Manbok," at the ...

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Hyosung, LS Electric, and HD Hyundai Fined $300M for 7-Year Bid-Rigging Scheme in KEPCO Projects
Reporter Kim Jisun 2024.12.30
[Alpha Biz= Kim Jisun] Ten companies, including Hyosung Heavy Industries, LS Electric, and HD Hyundai Electric, were fined hundred ...

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KB Securities Lowers Samsung Electronics' Target Price to 70,000 Won Amid Earnings Forecast Cuts
Reporter Kim SangJin 2024.12.27
[Alpha Biz= Kim Sangjin] KB Securities Lowers Samsung Electronics' Target Price to 70,000 Won Amid Earnings Forecast ReductionsKB ...

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AK Industrial's Q4 Earnings to Meet Expectations but Impacted by Weak China Demand, Says Hana Securities
Reporter Kim SangJin 2024.12.27
[Alpha Biz= Kim Sangjin] Hana Securities reported today that AK Industrial's Q4 performance is expected to meet market consensus b ...

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Hyundai Motor Securities Raises Krafton’s Target Price, Anticipates Strong Q4 Earnings and New Game Releases in 2024
Reporter Kim SangJin 2024.12.27
[Alpha Biz= Kim Sangjin] Hyundai Motor Securities forecasts that game developer Krafton will exceed market expectations with its Q ...

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Daishin Securities Lowers LG Electronics' Target Price, Expects Stock Growth Despite Q4 Profit Weakness
Reporter Kim SangJin 2024.12.27
[Alpha Biz= Kim Sangjin] Daishin Securities stated on Friday that LG Electronics' first quarter is typically the strongest in term ...

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Stock Price of Artist United Drops Drastically After 'Squid Game 2' Release
Reporter Kim SangJin 2024.12.27
[Alpha Biz= Kim Sangjin] The stock price of Artist United, a company related to the Netflix series Squid Game 2, sharply dropped i ...

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WGames Completes Acquisition Agreement with Turkish Casual Game Developer Paxie Games
Reporter Kim SangJin 2024.12.27
[Alpha Biz= Kim Sangjin] WGames announced on the Thursday that it has completed the acquisition agreement for Turkish casual game ...

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SK Telecom to Sell Three Subsidiaries to Samgoo I&C to Focus on Core Business
Reporter Kim SangJin 2024.12.27
[Alpha Biz= Kim Sangjin] SK Telecom has decided to sell three subsidiaries, including SK Communications, F&U Credit Informatio ...

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Record Number of Business Closures in 2023, Highest Since 2006
Reporter Kim SangJin 2024.12.27
[Alpha Biz= Kim Sangjin] According to a report titled "Characteristics of Recent Business Closures and Implications," released by ...

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Hando Chemical to Invest 130 Billion KRW in Semiconductor Developer's TMAH Production Facility in Pyeongtaek
Reporter Kim Jisun 2024.12.27
[Alpha Biz= Kim Jisun] Hando Chemical, a key semiconductor materials company in Lotte Chemical, will invest 130 billion KRW to bui ...

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Korea Deposit Insurance Corporation Selects Meritz Fire & Marine as Preferred Bidder for MG Non-Life Insurance Sale, but Negotiations Stall
Reporter Kim Jisun 2024.12.27
[Alpha Biz= Kim Jisun] The Korea Deposit Insurance Corporation (KDIC), which is in the process of selling MG Non-Life Insurance, h ...

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Naver to Terminate Free Mobile Website Service 'Modoo' by June 2025
Reporter Kim Jisun 2024.12.27
[Alpha Biz= Kim Jisun] Naver announced on the 26th that it will terminate its free mobile website creation service, "Modoo," on Ju ...