Kakao Workers Stage Full-Day Walkout as Bonus Dispute Deepens, Shares at 52-Week Low
Kakao union stages full-day walkout with about 2,100 participants across five entities, escalating a bonus dispute as shares sit at a 52-week low despite record profits.
Binance Offers 50x Leverage on Samsung and SK Hynix Stocks, Bypassing Korea's Retail Safeguards
Binance lists 50x leveraged derivatives on Samsung, SK Hynix, and Hyundai Motor stocks, drawing USD 6.42B in volume while Korea's domestic leverage cap sits at 2x for retail investors.
Kangwon Land Q1 2026: Casino Revenue Up 4.5%, Net Profit Dives 47% on Cost Surge and Lower Returns
Korea's only domestic casino posted Q1 2026 revenue of KRW 378.9B (+3.4% YoY) but net profit fell 46.8% to KRW 39.7B as SG&A expenses jumped 17.6% and investment income contracted 30.4%.
Apple Lobbies Trump for CXMT Memory Clearance, Putting SK Hynix and Samsung Pricing Power at Risk
Apple is pressing the Trump administration to allow DRAM purchases from China's CXMT, a DoD-blacklisted chipmaker. The move could erode pricing leverage held by SK Hynix and Samsung Electronics in the global memory market.
LG Chem Passes Government Naphtha Relief to SME Customers, Cutting Supply Prices Up to KRW 200,000 Per Ton
LG Chem CEO Kim Dong-chun announces a temporary KRW 100,000–200,000 per tonne price cut for small and medium-sized customers, passing on a government naphtha subsidy to ease downstream cost pressures.
Samsung Electro-Mechanics in Talks for KRW 500B AI MLCC Deal, Inks Glass Substrate JV With Sumitomo Chemical
Samsung Electro-Mechanics finalizes KRW 500 billion AI server MLCC supply talks with a US cloud provider while launching a glass substrate joint venture with Sumitomo Chemical to begin production at Pyeongtaek in early 2027.
Shinhan Financial Weighs Lotte Non-Life Insurance Buyout at KRW 1 Trillion as JKL Cuts Ask in Half
Shinhan Financial Group reviews acquisition of Lotte Non-Life Insurance at KRW 1 trillion as JKL Partners halves asking price, sending shares to the daily upper limit of +30%.
Samsung and SK Group Pledge Up to KRW 1,000 Trillion as President Lee Unveils Korea's Tripolar Mega-Project Plan
South Korea's President Lee Jae-myung on Sunday formally unveiled the country's largest-ever private-sector investment programme, anchored by Samsung Electronics (005930.KS) and SK Group (000660.KS), at a nationally televised ceremony that put two of Asia's most powerful corporate chairmen on stage
Hyundai Mobis and HL Mando Break Into Atlas Supply Chain as Korea Eyes 25,000-Robot Deployment by 2028
Hyundai Mobis (012330.KS) secures Atlas actuator supply role while HL Mando (204320.KS) targets Boston Dynamics and Tesla Optimus, as Hyundai plans 25,000-unit robot deployment by 2028.
Samsung and SK Hynix Set for 'Unprecedented' South Jeolla Chip Cluster as Regional Stocks Hit 30% Limits
Samsung Electronics and SK Hynix are set to reveal an unprecedented semiconductor investment in Gwangju and South Jeolla Province, sending regional stocks to 30% daily limits.
Kakao (035720.KS) Workers Strike June 29 Over Bonus Standoff
LG Group's Eight-Year Reset: Koo Kwang-mo Steers KRW 100 Trillion AI-Bio-Clean Bet Through 2028
LG Group Chairman Koo Kwang-mo pledges KRW 100 trillion in Korea investment through 2028 under the ABC strategy (AI, Bio, Clean Tech). Q1 2026 combined revenue hit a record KRW 29.26 trillion as the group's portfolio overhaul enters its eighth year.