HLB's Liver Cancer Combo Hits Third FDA Roadblock as China Partner's Plant Fails Inspection
HLB Inc. receives its third FDA complete response letter for the rivoceranib-camrelizumab combination in unresectable hepatocellular carcinoma. The rejection again cites manufacturing deficiencies at partner Hengrui Pharma's China facility, not clinical efficacy. HLB stock plunged to the daily lower limit of KRW 36,600 (-29.89%), with all HLB Group stocks hitting daily limits on Korean exchanges.
KakaoBank Signs Strategic Stake in Mongolia's M Bank to Export AI Credit Model
KakaoBank CEO Yoon Ho-young signed a strategic equity stake with MCS Group and M Bank at the Korea-Mongolia Business Forum, marking the bank's first overseas equity investment and beginning its AI credit-scoring technology export.
Three Korean IT Giants Form First-Ever Unions in One Week as Bonus Gap With Chip Divisions Widens
Samsung SDS, Hyundai AutoEver, and Shinsegae I&C formed their first-ever unions in one week (July 6–8, 2026), driven by the widening bonus gap with chip-division peers at Samsung Electronics and SK Hynix.
Hanwha Qcells Builds America's Largest Renewable Complex — 2.8 GW Solar and 5.7 GWh Storage in Arizona
Hanwha Qcells is executing engineering, procurement, and construction for all 14 projects within Atlas Energy Park in Arizona — the US's largest renewable energy complex at 2.8 GW solar and 5.7 GWh storage, with LG Energy Solution supplying 4.8 GWh of batteries by October 2026.
SK Hynix (SKHY) $26.5B ADR Debut Surges 14% on Nasdaq
SK Hynix, the world's second-largest memory chipmaker behind Samsung Electronics, made its U.S. market debut on Friday, and the numbers were built for headlines
Lutnick Calls on Samsung and SK Hynix to Build U.S. Memory Factories as Micron Commits $250 Billion
U.S. Commerce Secretary Howard Lutnick publicly called on Samsung Electronics (005930.KS) and SK Hynix (000660.KS) to build more memory factories in America, speaking at Micron Technology's $250B US investment ceremony in Clay, New York on July 9. The statement creates fresh policy pressure on Korean chipmakers already committed to a combined ₩895T domestic semiconductor buildout.
Samsung SDI (006400.KS) Wins 66% of Korea's AI Grid-ESS
South Korea on July 10 awarded its first government-backed grid-ESS project — 640 MWh across 32 distribution lines — with Samsung SDI (006400.KS), Korea's prism
Samsung Electronics (005930.KS) Union Fights Voucher Bill
Samsung Electronics (005930.KS), the world's largest memory-chip maker, saw its biggest labor union—representing roughly 73,000 members, or about 57 percent of
Hyundai Motor Opens Korea's First Waste-to-Hydrogen Facility, Turning Sewage Sludge Into Fuel for 100 Cars a Day
Hyundai Motor Group opened HTWO Energy Cheongju on July 9, 2026 — Korea's first waste-to-hydrogen facility, producing 500 kg/day of clean hydrogen from municipal sewage sludge, with a 2030 target of 2 metric tons/day.
SK Hynix (000660.KS) Prices $26.5B Record Nasdaq ADR Debut
SK Hynix (000660.KS), the world's second-largest memory-chip maker and the dominant supplier of AI high-bandwidth memory, has priced its US share sale at $149 p
KakaoBank (323410.KS) Wage Talks Collapse, Strike Risk Rises
KakaoBank (323410.KS), Korea's largest internet-only bank by customer count, saw its 2026 wage and collective-bargaining negotiations break down after talks tha
Korea Claims No. 2 FDA Biosimilar Slot as Samsung Biologics' $280M U.S. Plant Anchors Next Growth Phase
Korea holds 19 FDA biosimilar approvals (No. 2 globally). Samsung Biologics completes $280M GSK Rockville acquisition, raising total CDMO capacity to 845,000L. H1 2026 saw 6 new approvals vs 18 in 2025.