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5G to be next revolution in communications, but U.S. may be left behind
In late 2017, Susan Crawford was visiting Seoul, South Korea, about six months before it hosted the 2018 Winter Olympics. Although she's an e.....»»
A Korean peace process is underway, but it still depends on US and China
The first real opportunity for this dialogue seemed to come when South Korea hosted the Winter Olympics in Pyeongchang in February this year.....»»
Trump reportedly told the military to evacuate the families of military service members living in South Korea before the Winter Olympics
Chip Somodevilla/Getty Images Earlier this year, President Donald Trump reportedly told former national security adviser H.R. McMaster to prepare for a possible evacuation of the 8,000 mil.....»»
Samsung capex for NAND flash to hike
Samsung Electronics will expand its capex for NAND flash memory to around US$9 billion in 2019, up from about US$6.4 billion in 2018, a recent Chosun Ilbo report quoted industry sources in South Korea as saying......»»
Seegene reports solid results in the first quarter of 2021 with KRW 351.8 billion
SEEGENE POSTS KRW 193.9 BIL. IN OPERATING PROFIT, UP 388% ON-YEAR OPERATING PROFIT RATIO AT 55%, DESPITE CONSTANT INVESTMENT IN R&D AND EMPLOYEES SEOUL, South Korea, May 11, 2021 /PRNews.....»»
NRG Energy names Houston sole HQ, hires CFO from "Amazon of South Korea"
Alberto Fornaro previously was CFO of Coupang Inc., which just raised $4.6 billion in a March IPO on the New York Stock Exchange......»»
Magnachip stock soars toward a record after $1.4 billion deal to be acquired by Wise Road Capital
Shares of Magnachip Semiconductor Corp. soared 30% into record territory in premarket trading Friday, after the South Korea-based chip maker announced an agreement .....»»
SK Hynix strikes 5-year deal with ASML for EUV equipment supply
SK Hynix has signed a 5-year contract worth KRW4.75 trillion (US4.3 billion) with ASML to procure extreme ultraviolet (EUV) lithography systems, local media reports in South Korea quoted the memory chipmaker as saying......»»
Plug Power stock jumps 30% after $1.5 billion investment from South Korea
Shares of Plu.....»»
SAA has spent $539 million since filing for bankruptcy protection: practitioners
South African Airways (SAA) has spent just under 10 billion rand ($539.94 million) since it entered business rescue, a form of bankruptcy protection, Business Rescue practitioners said on Friday......»»
Mirae Asset scraps $5.8 billion deal to buy U.S. hotels from China"s Anbang
South Korea's Mirae Asset Global Investments said on Monday that it has terminated a $5.8 billion deal to buy 15 U.S. hotels from China's Anbang Insurance Group [ANBANG.UL]......»»
South Korea state banks to provide up to $1.4 billion liquidity to Asiana Airlines
South Korea's two state-owned banks said on Tuesday they had together decided to provide up to 1.7 trillion won ($1.38 billion) in fresh liquidity to Asiana Airlines which is struggling with the impact of the coronavirus......»»
South Korea"s Asiana to get $1.4 billion liquidity from state banks
South Korea's two state-owned banks said on Tuesday they will provide up to 1.7 trillion won ($1.4 billion) in fresh liquidity to Asiana Airlines , the country's second-largest carrier, as the industry struggles with the coronavirus crisis......»»
Maryland makes deal with South Korea firm for thousands of COVID-19 test kits
Maryland is poised to dramatically ramp up testing after acquiring thousands of COVID-19 test kits from a company in South Korea, Gov. Larry Hogan announced Monday. The state has spent about $9 million to acquire 5,000 test kits from LabGenomics in .....»»
Bithumb Korea"s 2019 Net Income - 37.2 Billion KRW
In 2019, Turnaround Focused on 'Customer Oriented Management' SEOUL, South Korea, April 14, 2020 /PRNewswire/ -- Bithumb Korea ("Company"), a company operating virtual asset exchange, Bithumb, reported strong 2019 r.....»»
Adidas estimates coronavirus may slice $1 billion off revenue
Adidas AG forecast first-quarter sales in China will fall by 800 million euros to 1 billion euros ($908 million to $1.1 billion) because of the coronavirus and said that business is slowing in Japan and South Korea......»»
South Korea"s Jeju Air buys Eastar Jet at lower price amid virus outbreak
South Korean budget carrier Jeju Air Co Ltd said on Monday it would acquire a 51% stake in competitor Eastar Jet for 54.5 billion won ($45.49 million), a lower price than previously announced......»»
JPMorgan to help handle K-pop sensation BTS" label IPO
The IPO could be one of the largest in years in South Korea's entertainment industry, with its total valuation expected to be as high as $5 billion......»»
K-pop sensation BTS" label picks JPMorgan, others for IPO
The IPO could be one of the largest in years in South Korea's entertainment industry, with its total valuation expected to be as high as $5 billion......»»
Mega-billionaire Larry Ellison is making a killing from a $1 billion Tesla bet he made in 2018 (TSLA)
Justin Sullivan / Staff / Getty Images Oracle chairman Larry Ellison purchased 3 million Tesla shares for roughly $1 billion before he joined the automaker's board in December 2018, according to Bloomberg. Today, that stake is.....»»