S. KOREA SK TELECOM TO CANCEL 8.69 MILLION TREASURY SHARES

Highlights –

• S. Korea SK Telecom to cancel 8.69 million treasury shares.
• The company plans to cancel the shares in a move to boost shareholder value.
• The cancellation reduces its total issued stocks from 80.75 million to 72.06 million...

SK HYNIX’S PROJECT TO BUILD NEW SEMICONDUCTOR COMPLEX APPROVED

Highlights –

• SK Hynix’s project to build new semiconductor complex approved.
• The project is said to be of $106 billion and is a move to ease supply shortages.
• The company has completed all the necessary administrative procedures...

S. KOREA BECOMES WORLD’S 3RD LARGEST MAKER OF CHIP MATERIALS IN 2020

Highlights –

• S. Korea becomes world’s 3rd largest maker of chip materials in 2020.
• S. Korea’s semiconductor market grew 3.9 percent in 2020.
• China overtook South Korea to occupy the second spot at $9.76 billion.

S. KOREAN STOCKS END LOW ON WEDNESDAY OVER STRONG SELLING

Highlights –

• S. Korean stocks end low on Wednesday over strong selling.
• The KRX benchmark KOSPI fell 29.52 points.
• Samsung Electronics stocks lost 2 percent.
• SK Hynix stocks shed 1.89 percent.

South Korean...

S. KOREA’S MAJOR LISTED FIRMS’ CASH DIVIDENDS ROSE BY 60 PERCENT IN 2020

Highlights –

• S. Korea’s major listed firms’ cash dividends rose by 60 percent in 2020.
• A survey showed the combined dividends by 124 listed firms to be 30.2 trillion won.
• The net profit of the companies was reported to be ...

S. KOREAN STOCKS END HIGH WITH FOREIGNERS BUYING LOCAL STOCKS

Highlights –

• S. Korean stocks end high with foreigners buying local stocks.
• The KRX reported KOSPI to rise 32.87 points.
• Hyundai Motor stocks rose 2.08 percent.
• Kia stocks rose 9.65 percent.

Foreigners con...

S. KOREA’S TOP 100 FIRMS RECORD SURGE IN THEIR MARKET VALUE OVER PAST 5 YEARS

Highlights –

• S. Korea’s top 100 firms record surge in their market value over past 5 years.
• The combined market capitalization of these firms stood at US$1.61 trillion.
• Samsung Electronics Co. market value remains at the top wit...