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Korea (436)


Samsung to sell subsidiaries, including chemicals, to Hanwha Group
Samsung Group (Seoul) said on Wednesday that it will sell four chemical and defense subsidiaries to Hanwha Group (Seoul) in a deal worth 1.9 trillion South Korean won ($1.72 billion). Samsung informed the Korea Stock Exchange that it will sell its defense...

SK Innovation and Soitec to collaborate on advanced semiconductor materials
SK Innovation (Seoul) and Soitec (Bernin, France), a manufacturer of semiconductor materials for the electronics and energy industries, have signed a collaboration agreement to establish a strategic alliance focused on innovation in the area of semiconductor...

Nippon Shokubai files patent infringement lawsuit against LG Chem
Nippon Shokubai, the leading global producer of superabsorbent polymers, on 24 September 2014 filed a lawsuit at the Seoul Central District Court in South Korea against LG Chem, a Korean manufacturer of superabsorbent polymers, seeking injunctions against...

Samsung Engineering and Samsung Heavy Industries call off merger plan
Samsung Engineering and fellow Samsung Group unit, Samsung Heavy Industries told the Korea Exchange today that they have called off their $2.5 billion merger due to shareholder opposition. The deal would have been one of the largest in the engineering &...

Songwon reports fall in profits
Songwon Industrial (Ulsan, South Korea) reports a 64.1% fall in net profits for the third quarter of 2014 compared with the year-ago quarter, to 2.97 billion South Korean won ($2.7 million). Third-quarter sales decreased 6.2%, to won164.8 billion. For the...

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