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EU-China relations
EU launches 2 probes into China solar manufacturers
...EU solar panel manufacturers including France’s Systovi, Switzerland’s Meyer Burger and Norway’s REC Group have all shut plants in the past six months....
April 3, 2024
Samsung Electronics Co Ltd
Samsung foresees end of punishing memory chip slump in 2024
...“Samsung has expanded its output reduction since August, shifting its strategy to boost profitability,” said Kim Dong-won, an analyst at KB Securities, in a recent report, forecasting Samsung would raise...
October 31, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
International tax
Vietnam raises multinational corporate tax rate in blow to Samsung and Intel
...The finance ministry estimated the move would affect 122 multinational companies and generate 14.6tn dong ($603mn) in state revenue....
November 29, 2023
The Big Read
How solid-state batteries could transform transport
...Kim Dong-myung, head of the advanced automotive battery division of Korea’s LGES, says that producing them is “too costly” and there will be “very limited applications”....
October 27, 2023
Semiconductors
Global chip shortage spreads to toasters and washing machines
...Koh Dong-jin, co-chief executive and head of Samsung’s mobile business, has warned of possible problems in the second quarter because of the chip shortage....
April 25, 2021
Samsung Electronics Co Ltd
Samsung heir Lee Jae-yong to win presidential pardon
...Shin Dong-bin, chair of Korean retail giant Lotte Group, who received a suspended 30 month sentence in 2018 for bribery, will also receive a pardon....
August 12, 2022
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
News in-depthCovid-19 vaccines
China rushes to develop mRNA vaccine as doubts grow over local jabs
...“The lower efficacy of the Chinese vaccines indicates that most people lack the necessary neutralising antibodies to prevent infection or severe cases,” said Jin Dong-yan, a virologist at the University...
January 6, 2022
Covid-19 vaccines
China’s Sinopharm seeks to develop its own mRNA Covid vaccine
...“They are trying to develop these . . . next-generation vaccines because with the first-generation vaccine, a booster injection must be done and might have to be done regularly,” said Jin Dong-yan, a virologist...
September 6, 2021
LG Display Co Ltd
LG Display braces for slowing electronics demand as lockdowns ease
...Chinese groups are also catching up in premium organic light-emitting diode panels....
July 28, 2021
Covid-19 vaccines
China backtracks on comments questioning efficacy of local vaccines
...But Jin Dong-yan, a virologist at the University of Hong Kong, said on Monday that Chinese vaccines’ efficacy rates were among the lowest in the world....
April 12, 2021
Semiconductors
Samsung warns of deepening semiconductor shortage
...It is hard to say the shortage issue has been solved 100 per cent,” Koh Dong-jin, co-chief executive who heads Samsung’s mobile business unit, said at a shareholder meeting on Wednesday....
March 17, 2021
News in-depthCovid-19 vaccines
Sinopharm faces battle to turn Covid vaccine into a global success
...“It will be heavy lifting for [Sinopharm] to establish its brand and reputation overseas,” said Jin Dong-Yan, a virologist at the University of Hong Kong....
March 9, 2021
Samsung Electronics Co Ltd
Samsung folding smartphones launch tests recovery plan
...“The long-running saga has hindered Samsung’s growth potential when the group is increasingly sandwiched between low-cost Chinese rivals and high-tech competitors like Apple,” said Cho Dong-geun, an economics...
February 11, 2020
Asia-Pacific companies
Tencent and Alipay set to lose $1bn in revenue from payment rules
...“Reserve funds are not the property of payment institutions — ownership belongs to the institutions’ users,” said Dong Ximiao, senior researcher at the Chongyang Institute for Financial Studies at Renmin...
July 15, 2018
LG Display Co Ltd
LG Display losses widen amid falling LCD panel prices
...OLED TVs, with clearer picture quality and lower energy consumption, are forecast to make up 10.4 per cent of the global TV market in 2023 from 5.7 per cent last year, according to research group IHS Markit...
July 23, 2019
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Asia-Pacific companies
HNA blames systems glitch for missed bond repayment
...Financier Guang Yang, a fundraiser for Jeb Bush’s presidential campaign who was active in HNA’s international business, has left the company, HNA said....
August 24, 2018
News in-depthOil & Gas industry
Private equity leads the changing of the North Sea guard
...That has changed in the past four years, since it bought the North Sea assets of Germany’s DEA Group in 2015 and those of Danish company Orsted — previously called Dong Energy — in 2017....
February 13, 2019
South Korea Society
South Korea ex-president Lee Myung-bak jailed for 15 years
...Such thinking was thrown into sharp relief just minutes after Lee’s verdict when a separate Seoul court granted Shin Dong-bin, chairman of the Lotte conglomerate, a suspended prison sentence, despite finding...
October 5, 2018
News in-depthChinese politics & policy
Scrutiny turns to HNA’s high-interest China P2P debt
...Wang Jian, who oversaw much of the group’s daily operations....
September 2, 2018
News in-depthNikkei Asia
South Korea’s corporate giants tiptoe towards the North Premium content
...Kim Dong-yeon, South Korean finance minister, earlier this month asked the IMF to assist with his country’s push to help North Korea carry out economic reforms....
October 22, 2018
Technology sector
Samsung outlines $160bn investment plan to underpin profits
...Chinese technology groups such as Xiaomi and Huawei are eating into Samsung’s position as the world’s largest smartphone maker, while Beijing-backed companies are increasingly targeting Samsung’s mainstay...
August 8, 2018
Corporate governance
‘Nut rage’ outrage as Korean Air heiress returns to board
...Last month, Shin Dong-bin, the jailed chairman of Lotte Group, was reappointed as a board member of the retail group’s key affiliates, Lotte Shopping and Lotte Confectionery, despite his conviction for bribery...
April 2, 2018
Insurance
Anbang’s Wu Xiaohui sentenced to 18 years for fraud
...“The message here is that so-called ‘barbaric expansion’ will not be tolerated,” said Dong Ximiao, senior researcher at the Chongyang Institute for Financial Studies at Renmin University of China....
May 10, 2018
Asia-Pacific companies
S Korean prosecutors seek 4-year jail term for Lotte chair Shin Dong-bin
...South Korean prosecutors are seeking a four-year jail term for Lotte Group chairman Shin Dong-bin on bribery charges as he is accused of providing Won7bn ($6.4m) to former president Park Geun-hye and her...
December 14, 2017
Retail & Consumer industry
Jailed Lotte chairman reappointed to boards of units
...Shareholders of Lotte Shopping and Lotte Confectionery approved Shin Dong-bin’s reappointment as a board director at their annual meetings on Friday, sparking criticism that the country’s family-run conglomerates...
March 23, 2018

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