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Foxconn to Invest 600 Million Yuan in New EV Battery Plant in Zhengzhou, China
Reporter Kim Jisun 2024.12.26
[Alpha Biz= Kim Jisun] Taiwan’s Foxconn, Apple’s largest contract manufacturing partner, is set to invest 600 million yuan (approx ...

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Naver Set to Break 10 Trillion KRW Revenue Mark, Achieving Record-High Performance
Reporter Kim Jisun 2024.12.26
[Alpha Biz= Kim Jisun] Naver is expected to surpass 10 trillion KRW in annual revenue for the first time this year, achieving reco ...

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LG CNS Faces Legal Battles Worth 60 Billion KRW Amid KOSPI Listing Efforts
Reporter Kim Jisun 2024.12.26
[Alpha Biz= Kim Jisun] LG CNS, which is pursuing a listing on the KOSPI (Korea Composite Stock Price Index), is facing increased p ...

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IBK Union to Launch Nationwide Strike on the 27th, Halting All Branch Operations
Reporter Kim SangJin 2024.12.26
[Alpha Biz= Kim Sangjin] The labor union of IBK Industrial Bank announced on the 24th that it will initiate a full-scale strike on ...

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Hanwha Q CELLS Receives Over 2 Trillion Won Loan from U.S. Government to Boost SolarHub Project
Reporter Kim Jisun 2024.12.26
[Alpha Biz= Kim Jisun] Hanwha Q CELLS, the solar division of Hanwha Solutions, has received a loan support exceeding 2 trillion KR ...

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National Pension Service Selects 47 Securities Firms for 2024 Transactions
Reporter Kim SangJin 2024.12.26
[Alpha Biz= Kim Sangjin] The National Pension Service (NPS) Fund Management Headquarters has selected 47 securities firms to condu ...

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KB Securities Lowers Pearl Abyss Target Price to KRW 42,000, Citing Delayed 'Crimson Desert' Launch
Reporter Kim SangJin 2024.12.24
[Alpha Biz= Reporter Kim Sangjin] KB Securities lowered the target price for game developer Pearl Abyss from KRW 52,000 to KRW 42, ...

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Daishin Securities Maintains Buy Rating on Krafton, Highlights Global PUBG Presence and Indian Market Expansion
Reporter Kim SangJin 2024.12.24
[Alpha Biz= Reporter Kim Sangjin] presence, new game launches, and growth in India. With PUBG's developer and intellectual propert ...

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IMM Private Equity Consortium Extends Hyundai LNG Shipping Sale Deadline by Two Years
Reporter Kim Jisun 2024.12.24
[Alpha Biz= Reporter Kim Jisun] The IMM Private Equity (PE) and IMM Investment consortium have successfully extended the deadline ...

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Minority Shareholders of CHA Biotech Oppose Rights Issue, Demand Extraordinary General Meeting
Reporter Kim Jisun 2024.12.24
[Alpha Biz= Reporter Kim Jisun] The CHA Biotech Minority Shareholders' Alliance has formally requested an extraordinary general me ...

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Glenwood Private Equity Withdraws Plan to Acquire SGC Green Power
Reporter Kim Jisun 2024.12.24
[Alpha Biz= Reporter Kim Jisun] Glenwood Private Equity (PE) has withdrawn its plan to acquire biomass power company SGC Green Pow ...

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Asiana Airlines Reverses Decision to Discontinue Business Lounge Access for Economy Smartium Passengers
Reporter Kim Jisun 2024.12.24
[Alpha Biz= Reporter Kim Jisun] Asiana Airlines has decided to reverse its earlier decision to discontinue the business lounge ser ...

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Hahn & Company to Acquire 85% Stake in SK Specialty for KRW 2.7 Trillion in Landmark Deal
Reporter Kim Jisun 2024.12.24
[Alpha Biz= Reporter Kim Jisun] Hahn & Company, a leading private equity firm, has agreed to acquire an 85% stake in SK Specia ...

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FSS Intensifies Scrutiny on Rights Offerings: ISU Petasys and Hyundai Motor Securities Under Fire
Reporter Kim Jisun 2024.12.24
[Alpha Biz= Reporter Kim Jisun] The Financial Supervisory Service (FSS) is increasingly requiring listed companies to submit amend ...

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Government Announces 50% Cut in Duty-Free Shop Commission Rates and Lifts 2-Bottle Limit on Duty-Free Alcohol
Reporter Kim SangJin 2024.12.24
[Alpha Biz= Reporter Kim Sangjin] The government has announced measures to boost duty-free shopping by lifting the limit on the nu ...

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Netflix Highlights Influence of K-Content and Announces New Partnerships to Lower Subscription Costs Ahead of 'Squid Game' Season 2 Release
Reporter Kim SangJin 2024.12.24
[Alpha Biz= Reporter Kim Sangjin] Ahead of the release of 'Squid Game' Season 2, Netflix emphasized the global influence of Korean ...

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LG Energy Solution and Qualcomm Collaborate on Advanced Battery Management System
Reporter Kim Jisun 2024.12.24
[Alpha Biz= Reporter Kim Jisun] LG Energy Solution (LGES) has announced its plans to commercialize a new Battery Management System ...

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eBay to Sell Remaining 19.99% Stake in Gmarket, Emart Waives Right of First Refusal
Reporter Kim SangJin 2024.12.24
[Alpha Biz= Reporter Kim Sangjin] eBay is set to sell its remaining 19.99% stake in Gmarket, which it had previously held.However, ...

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Promotion of Executives in Korea’s Top 30 Groups Drops by Nearly 10%
Reporter Kim SangJin 2024.12.24
[Alpha Biz= Reporter Kim Sangjin] The number of executive promotions in Korea's top 30 conglomerates has decreased by nearly 10% c ...

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POSCO Holdings Unveils Value Enhancement Program Focused on Shareholder Returns
Reporter Kim SangJin 2024.12.24
[Alpha Biz= Reporter Kim Sangjin] POSCO Holdings has announced a plan to enhance corporate value centered around shareholder retur ...

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