news highlight

• 
  Shares of chip parts maker jump on strong Q2 earnings SEOUL, August 12 (AJP) - Shares of semiconductor parts maker Wonik QnC rose on Wednesday after it posted a more than twofold increase in second-quarter operating profit from a year earlier. Its shares closed 5.31 percent higher at 31,750 won (US$22.44). The gain came as consolidated operating profit jumped 119.1 percent from a year earlier to 30.9 billion won ($21.8 million) for the period between April and June, according to its preliminary earnings report released the same day. Revenue also August 12, 2026
• 
  Shares of internet infrastructure firm fall despite strong Q2 earnings SEOUL, August 12 (AJP) - Shares of KOSDAQ-listed internet service provider KINX fell on Wednesday even after it posted a more than 50 percent jump in second-quarter operating profit. Its shares closed 6.99 percent lower at 151,600 won (US$107.14). The decline came despite a 51.15 percent jump in consolidated operating profit from a year earlier to 8.82 billion won ($6.2 million) for the period between April and June, according to its preliminary earnings report released the same day. Revenue a August 12, 2026
• 
  EcoPro BM higher as $900 million fundraising backs nickel project SEOUL, August 10 (AJP) —Shares of KOSDAQ-listed battery materials maker EcoPro BM rose Monday after the company spelled out how it would use proceeds from its 1.2 trillion won ($850 million) rights offering, with nearly two-thirds earmarked for a nickel smelter project in Indonesia. As of 2:55 p.m., the stock was trading at 114,300 won ($81), up 6.82 percent, after rising as high as 115,400 won earlier in the day. According to a revised securities registration statement filed with South August 10, 2026
• 
  KOSDAQ-listed biotech Alteogen rallies on BlackRock stake SEOUL, August 10 (AJP) — Shares of South Korean biotech firm Alteogen jumped more than 15 percent Monday after BlackRock, the world's largest asset manager, disclosed that its combined holdings in the company had crossed 5 percent. As of 11:17 a.m., Alteogen was trading at 346,500 won ($244.74), up 13.77 percent from the previous session. The rally followed a regulatory filing submitted Friday by BlackRock Fund Advisors, which showed that the firm and its affiliated entities held a c August 10, 2026
• 
  YG Entertainment shares rise on new album revenue SEOUL, August 07 (AJP) — Shares of YG Entertainment rose Friday after the K-pop agency reported a 31 percent jump in second-quarter operating profit, driven by new releases from its groups TREASURE and BABYMONSTER. As of 1:42 p.m., shares of the company were trading 1.11 percent higher at 41,050 won, after rising as much as 3.20 percent to an intraday high of 41,900 won. Operating profit for the April-June period rose 31.2 percent from a year earlier to 10.97 billion won ($7.3 million), August 7, 2026
• 
  Crest, ROBROS to test hot-swappable battery system for humanoid robots SEOUL, August 07 (AJP) - Crest, a South Korean developer of battery systems for industrial robots, has been selected to lead a government-backed project to test domestically developed components for humanoid robots, the company said Friday. Under the 2026 Demonstration Project for Humanoid Robot Components overseen by the Korea Institute for Robot Industry Advancement, Crest will work with AI humanoid developer ROBROS to demonstrate a hot-swappable battery system and charging station for the IG August 7, 2026
• 
  Semiconductor parts maker Dongwon Parts seeks KOSDAQ listing SEOUL, August 07 (AJP) — South Korean semiconductor parts maker Dongwon Parts has launched its initial public offering (IPO) process, seeking a KOSDAQ listing after a sharp rise in earnings driven by stronger demand from global chip equipment makers. The company said Friday it submitted a preliminary listing application to the Korea Exchange (KRX), with Samsung Securities serving as the lead underwriter. Revenue rose to 92.3 billion won ($64.7 million) last year from 59.5 billion won a y August 7, 2026
• 
  KOSDAQ-listed processed meat producer seeks capital boost SEOUL, August 6 (AJP) - KOSDAQ-listed processed meat producer Wing Yip Food said Thursday that its chairman and major shareholders will further increase their stakes by investing 20.8 billion won in newly issued shares to strengthen the company's capital base. According to a disclosure filed with the Financial Supervisory Service (FSS), its chairman, Wang Xiantao, purchased 18,355 shares the previous day at an average price of 1,148 won per share, spending about 21.1 million won entirely wi August 6, 2026
• 
  Kakao Games trims losses, eyes recovery with new lineup SEOUL, August 05 (AJP) — Shares of South Korean game developer Kakao Games fell Wednesday morning trading after the company reported lower second-quarter revenue, although its operating loss narrowed from the previous quarter. According to a filing with the Financial Supervisory Service (FSS) Wednesday, the company posted revenue of 75.0 billion won ($54 million), down 35.2 percent from a year earlier, while its operating loss narrowed to 23.0 billion won from 25.5 billion won in the prev August 5, 2026