KOSPI Triggers Sixth Circuit Breaker of 2026, Closing at 7,656 as Samsung's Record Earnings Fuel Sell-Off
Samsung Q2 profit of ₩89.4 trillion—the largest in history—failed to support the stock as shares fell nearly 10%, triggering South Korea's sixth circuit breaker of 2026 and closing KOSPI at 7,656.
LG Chem Wins Seven-Year OLED Patent War at Korea's Supreme Court, Imperiling Samsung Display's Materials Supplier
Korea's Supreme Court upheld LG Chem's patent on deuterium-substituted OLED compounds, dismissing a seven-year challenge by SFC — a materials supplier backed 29.7% by Samsung Ventures. A parallel civil suit seeking a production ban and hundreds of billions of KRW in damages now moves forward on settled patent ground.
Lotte E&C Prices Second KRW 300B AAA ABS as PF Liabilities Ease, Targeting KRW 770B Cash Windfall
Lotte E&C prices a KRW 300B AAA-rated ABS using construction receivables as it targets KRW 770B early cash recovery and cuts PF liabilities to KRW 2.4T.
LG Energy Solution Q2 2026: Operating Profit Plunges 77% as EV Slowdown Bites Ultium JV
LG Energy Solution reported Q2 2026 operating profit of ₩113.3B, down 77% YoY, as EV demand slumped and Ultium Cells JV paused US production. Ex-AMPC operating loss was ₩127.7B.
L&F (066970.KQ) Launches EU Carbon-Tracking Smart Factory
L&F Co. (066970.KQ), a KOSDAQ-listed cathode-material maker that supplies Tesla and Korea's three largest battery cell makers, said on July 7 it has completed a
Samsung (005930.KS) Q2 Profit Surges 19x to Record ₩89.4T
Samsung Electronics — South Korea's largest company and the single heaviest weight on the KOSPI, Korea's benchmark stock index — guided on July 7 to a record se
Microsoft Cuts 4,800 Jobs; $190B AI Spend Lifts SK Hynix
Microsoft (MSFT) said on Monday, July 6, that it is cutting about 4,800 jobs — roughly 2.1% of its global workforce — with the Xbox gaming division and its comm
Korea Raises Bar for Subsidiary IPOs, Targeting Korea Discount as HD Hyundai Robotics and Kakao Mobility Eye Listings
Korea's FSC and KRX published draft dual-listing guidelines on July 6, requiring parent companies to obtain minority shareholder approval before separately listing subsidiaries. The rules affect planned IPOs including HD Hyundai Robotics and Kakao Mobility.
LG (003550.KS) Sets 10% Supplier Pass-Through, KFTC Backs It
South Korea's LG Group (holding company LG Corp, 003550.KS), one of the country's largest family-controlled conglomerates, said on July 6 it will lift the share
Samsung (005930.KS), SK hynix ₩800T Chip Bet Stokes Tariff Risk
Samsung Electronics (005930.KS), the world's largest memory-chip maker, and SK hynix (000660.KS), Korea's second-biggest chipmaker and the leading supplier of h
Samsung Life Turns Samsung Electronics' ₩1.2 Trillion Block Deal Into an M&A War Chest
Samsung Life Insurance converts record Samsung Electronics block-deal proceeds into M&A firepower, bidding for KDB Life and positioning Samsung Securities for an IMA push.
Samsung's Rainbow Robotics Expands Toyota Humanoid Supply Fivefold as Global Robot Race Accelerates
Samsung's Rainbow Robotics has grown RB-Y1 humanoid deliveries to Toyota fivefold in two years, reaching ~25 units, as Samsung bets KRW 354 billion and establishes a CEO-level Future Robotics Office to capture the USD 70 billion humanoid market.