Economy
M&A·IB
OB Beer, Owned by KKR and Affinity, Stops Layoffs Instead of Cutting Costs [Market In]
In the domestic market, private equity funds have become firmly entrenched as symbols of corporate restructuring and job insecurity. Although public sentiment has turned cold following a series of neg…
Business·Industry
[Exclusive] China's CXMT Gains Global Foothold with Huawei and Xiaomi… Will It Shake Up K-Memory?
The fact that memory products from China’s largest DRAM manufacturer, Changxin Memory Technology (CXMT), have entered the supply chains of domestic smartphone manufacturers and are now flooding overse…
Business·Industry
[Exclusive] Chinese Semiconductors Are Flooding the Market... 64% of CXMT's Revenue Comes from Overseas
The revenue base of China’s largest DRAM manufacturer, Changxin Memory Technology (CXMT), is rapidly shifting outside of China. The proportion of revenue generated outside mainland China has jumped fr…
Business·Industry
SambuEngineering&Construction, Having Avoided Delisting, Now Faces Substantive Review of Listing Eligibility
Although SambuEngineering&Construction has resolved the grounds for delisting—specifically, the audit opinion and full capital impairment—it has been placed under substantive review for listing eligib…
Business·Industry
SKoceanplant Sold for 410 Billion… 'Symbol of Green Expansion' Leaves SK Group
Large “jacket” structures—the substructures of offshore wind turbines—are being manufactured and stockpiled at the SKoceanplant facility in Goseong County, South Gyeongsang Province. (Photo courtesy o…
M&A·IB
[Oil Drive] From Beauty to High-Tech Industries… Women Leading the UAE’s Economic Diversification
The global investment banking (IB) industry is turning its attention to the Middle East, home to a host of the world’s largest sovereign wealth funds. “Oil Drive” is a series covering news from the Mi…
Bonds·FX Policy
[Market In] SK GeoCentric to Issue Up to 160 Billion Won in Corporate Bonds… Burdened by ‘Negative’ Outlook
SK GeoCentric (AA-), a petrochemical subsidiary of SK Innovation(096770), is set to issue corporate bonds worth up to 160 billion won. Although its first-quarter operating performance and financial in…
M&A·IB
Square One Parts Ways with Homeplus… Steps In as a “Rescue Player” for Seobu T&D
Shinhan Seobu T&D REIT is parting ways with Homeplus, the anchor tenant of the Incheon mixed-use shopping mall “Square One.” Amid growing concerns over declining profitability of retail assets due to …
Banks
Mixed Fortunes for Internet Banks… Toss and Kbank Post Record Profits, While Kbank Slips Backward
The three internet banks (KakaoBank Corp., Kbank, and Toss Bank) posted mixed results in the first half of this year. While KakaoBank Corp. and Toss Bank recorded their best results since their foundi…
Business·Industry
From Samsung and SK to Equipment Manufacturers… Global Semiconductor Companies Flock to Taiwan, the “Semiconductor Hub”
As “next-generation packaging” and “customized memory” emerge as the keys to overcoming the performance limitations of artificial intelligence (AI) semiconductors, the global semiconductor ecosystem i…