Shinsegae Department Store expands its diamond business

South Korea's Shinsegae Department Store is expanding its diamond business.Shinsegae announced on Thursday that it has entered into a strategic part...

Lotte brings Louis Vuitton diamond collection to S.Korea

South Korea's Lotte Department Store announced that it launched Louis Vuitton's LV Diamond Collection on Mar. 14 at Lotte World Tower Avenuel Jamsil...

Samsung’s Family Hub Plus gets UL certification

Samsung Electronics Co. said on Tuesday that its 2024 Bespoke Refrigerator with Family Hub Plus has achieved the Diamond grade in an Internet of Thi...

Iljin Electric secures $36 mn order for high-voltage cables in Malaysia

Iljin Electric, the integrated heavy electric device unit of South Korea's Iljin Group, announced on Tuesday that it has recently signed a contract ...

Iljin Electric bags $333 mn high-voltage transformer deal in US

Iljin Electric Co. has won its largest-ever 431.8 billion won ($333.2 billion) order to supply high-voltage transformers to a US energy company, the...

Korean lab-grown diamond maker KDT to build plant in India

South Korea’s sole lab-grown diamond producer KDT Diamond Co. will build its first overseas production facility in India by early next year to...

Synthetic diamonds with ESG value lure Korean shoppers

Lab-grown diamonds, cultured in laboratories wth advanced technologies, are garnering attention from South Korean consumers as they are produced mor...

SK E&S signs PPA agreement with Iljin Group affiliates

South Korea's SK E&S announced on Friday that it has entered into a direct power purchase agreement (PPA) with Iljin Global and Bearing Art, bot...

Iljin Materials to change its name to Lotte Energy Materials

Lotte Chemical Corp., a South Korean petrochemical giant, will rename Iljin Materials Co., the country’s second-largest copper foil maker, as ...

Korean PE firm STIC to buy stake in copper foil maker Iljin

South Korean private equity firm STIC Investments is poised to become the second-largest shareholder of Iljin Materials Co., a Kosdaq-listed battery...

Iljin Electric moves into DC power transmission device market

Iljin Electric, an integrated heavy electric device unit of South Korea's Iljin Group, will participate in the domestic MVDC (medium-voltage direct ...

Korea's Lotte Chem likely to raise $745 mn via rights offering

South Korea’s Lotte Chemical Corp. is poised to decide to raise more than 1 trillion won ($745.4 million) of capital at its board meeting this...

S.Korea's Iljin Group halts sale of its display maker

South Korea’s Iljin Display Co. has suspended procedures of selling its 43.19% stake with management rights, the junior bourse Kosdaq-listed d...

Lotte Chem to buy Iljin at $1.9 bn for battery material biz

South Korea’s Lotte Chemical Corp. is set to acquire major domestic battery material maker Iljin Materials Co. at some 2.7 trillion won ($1.9 ...

Iljin Materials unveils elecfoil with ultra-high tensile strength

Iljin Materials Co., a South Korean battery materials maker, has unveiled an ultra-high tensile elecfoil, which can significantly improve the mileag...

Korea’s Iljin sticks to higher stake sale price than bid

Iljin Materials Co.’s sale process has reached a deadlock as its Chief Executive Heo Jae-Myeong is holding to its price to sell a controlling ...

Bain Capital, Lotte Chem. among shortlisted bidders for Iljin

A US private equity firm Bain Capital and South Korea’s major petrochemical manufacturer Lotte Chemical Corp. were among the shortlisted candi...

Lotte Chemical, Bain Capital among bidders for Korea’s Iljin Materials

The much-touted sale of a controlling stake in Iljin Materials Co., a leading South Korean battery materials maker, is flagging as big spenders are ...

Iljin Materials aims to complete stake sale in August

Iljin Materials Co., a South Korean electric vehicle battery materials maker, accelerated the process of the sale of a majority stake in a deal esti...

Why Iljin Materials' CEO has put a majority stake up for sale

Iljin Materials Co., a South Korean supplier of electric vehicle battery materials, has put a majority stake up for sale, which is estimated at arou...

Korea’s Iljin to build $391 mn battery materials plant in Spain

South Korea’s Iljin Materials Co. plans to invest 500 billion won ($391.2 million) in a battery materials plant in Spain, its first production...

STIC invests $843 mn in Korean copper foil maker Iljin

South Korean private equity firm STIC Investments Inc. said on Nov. 30 it will invest 1.1 trillion won ($843.1 million) to expand Korean elecfoil ...

Korea copper foil makers on bull run amid demand hopes

South Korean stocks related to secondary batteries, especially shares in cathode and anode materials producers, have rallied on strong growth in the...

Iljin Hysolus shares hit ceiling on first day of trading

South Korea’s only mass-producer of hydrogen tube trailers, Iljin Hysolus Co. made a strong debut on Kospi by reaching the price ceiling on it...

Hydrogen tank maker Iljin Hysolus to make Kospi debut Sept. 3

South Korea’s leading hydrogen tank maker Iljin Hysolus Co. will be listed on Kospi on Sept. 3, according to the company’s IPO briefing ...

Hydrogen fuel tank maker Iljin Hysolus eyes August IPO

South Korea’s only mass producer of hydrogen tube trailers, Iljin Hysolus Co., previously known as Iljin Composites, plans to be listed on the...

[Upcoming IPO] Korean fuel-cell tank maker Iljin Composites gears up to become industry champion

The production of fuel-cell tanks is in full swing at Iljin Composites' factory, a restricted area tightly guarded with strict identification controls...