Economy
Banks
Following Shinhan and Kookmin, Hana Has Also Been Hacked… Data on 89 Customers, Including Resident Registration Numbers, Leaked
Personal information leaks are occurring simultaneously across the banking sector due to attacks by hackers.
A view of Hana Bank’s headquarters. (Photo courtesy of Hana Bank)
Hana Bank announced…
Business·Industry
China Sparks ‘Sodium-Ion’ Competition… After LFP, Sodium Is Next; Korean Battery Makers Step Up the Chase
As China’s low-cost battery offensive expands from lithium iron phosphate (LFP) to sodium-ion batteries, Korean battery manufacturers are also stepping up their efforts to keep pace. LG Energy Solutio…
Business·Industry
"China's CATL Accounts for 39% on Its Own"... South Korea's Three Battery Makers Combined Account for Only 12%
While the global electric vehicle battery market continued to post double-digit growth, the combined market share of South Korea’s three major battery manufacturers fell to the 12% range. As the North…
Business·Industry
"What Will Happen to SK Hynix?"… Micron Narrows DRAM Market Share Gap to 1 Percentage Point
U.S.-based Micron has increased its market share in the global DRAM market, closing in on second-place SK hynix. The gap in market share between the two companies narrowed from 7 percentage points in …
Business·Industry
"Hundreds of Millions in Performance Bonuses: Who Gets How Much?" SamsungElectronics to Unveil Performance Bonus Criteria on the 7th
The detailed criteria for the special management performance bonus at SamsungElectronics’ Device Solutions (DS) division will be disclosed on the 7th. Attention is focused on the specifics of how the …
Banks
KakaoBank Corp.’s Business Loans Surpass 4 Trillion Won in Outstanding Balance Just 3 Years and 11 Months After Launch
Less than four years after KakaoBank Corp. launched its loans for sole proprietors, the outstanding loan balance has surpassed 400 million won.
KakaoBank Corp. announced on the 2nd that its out…
Business·Industry
LGELECTRONICS Offers Discounts on Purchases When Customers Return Used Batteries… Continues 'Battery Return' Program
LGELECTRONICS is launching a campaign to collect and recycle used batteries from cordless vacuums. Consumers who return used batteries will receive a discount when purchasing a new product.
From Oc…
M&A·IB
“Token Market: The Department Store Is Open, but There May Be No Products to Display”
Analysts have suggested that intellectual property (IP) and K-content should be closely watched as potential products for the security token offering (STO) market set to launch next year. However, som…
M&A·IB
"STO Legislation Is Just the Beginning, Not the End… Implementation Should Be Accelerated with Investor Protection as a Prerequisite"
"We will provide clear and transparent guidelines to facilitate rapid innovation. If verification proceeds smoothly, we may be able to accelerate the timeline for opening the market."Financial authori…
M&A·IB
"Let’s Build a Soccer Stadium with Tokenized Securities Instead of Taxes"
With the legal framework for security token offerings (STOs) now finalized, the remaining key issue is no longer the law but the market itself. Min Byung-deok, a member of the Democratic Party of Kore…