Chaebol

South Korean family-run business conglomerate

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2025 Neople develops an upcoming cross-platform game for Nexon, targeting PlayStation 5, Xbox Series X, and PC
2024 SK Telecom recorded sales of KRW 4.532 trillion, operating profit of KRW 533.3 billion, and net profit of KRW 280.2 billion in the third quarter.
2024 POSCO was named the world's 233rd-largest corporation by the Fortune Global 500.
2024 Hyundai Motor Group announced a record $16.7 billion investment in South Korea, focusing on green technologies and future mobility, marking its largest annual investment commitment.
2024 Nexon was fined a record-breaking amount by the Korea Fair Trade Commission for misleading players over microtransactions in MapleStory, violating South Korea's consumer protection laws.
2024 Nexon announced The First Descendant, a cross-platform game developed by Nexon Games
December 23 2024 SK sold 85 percent of its subsidiary SK Specialty to Hahn & Company, a domestic private equity fund, for a stake worth about 2.7 trillion won.
December 10 2024 Hyundai initiated a new sales channel by allowing customers to purchase Hyundai cars on Amazon, with vehicle pickup available at local Hyundai dealerships.
November 2024 SK Group Chairman Chey Tae-won was appointed chairman of the board of directors of Soldigm, SK Hynix's U.S.-based NAND flash memory unit.
October 2024 Posco Holdings opened a 25,000-ton lithium hydroxide factory in Güemes, Argentina.
October 30 2024 Nexon announced the development of The Kingdom of the Winds 2, a sequel to its first-ever release from 28 years ago.
September 2024 Nexon made Mintrocket a wholly owned subsidiary.
August 20 2024 SK Networks sold its rental car unit to a Singapore-based private equity fund for 820 billion won (US$618 million).
June 17 2024 Hyundai Motor India announced the commencement of an initial public offering (IPO) process to list on the Bombay Stock Exchange.
2023
LG
LG AI Research reported significant performance improvements in their language model, achieving a 78% cost reduction through faster inference and more efficient memory usage, and a 66% cost reduction in their multimodal model by improving content quality and inference speed.
2023 Maintained its No. 3 position in the global automotive market, widening the gap with the fourth-ranked Renault-Nissan-Mitsubishi Alliance.
2023 Korea Southern Power (KOSPO) operates the Hadong Thermal Power Site Division, managing a total installed capacity of 11,495 MW.
2023 Korea Midland Power (KOMIPO) possesses 10,775 MW in total installed capacity, operating the Boryeong Thermalelectric Power Plant Site Division and the Yeongheung Thermal Power Plant.
2023 Korea Hydro & Nuclear Power (KHNP) operates 25 nuclear power plants and 37 hydropower plants in Korea, with a total capacity of 30,054 MW.
2023 Korea South-East Power (KOEN) operates with a total capacity of 9,363 MW, managing the Samcheonpo Thermal Power Site Division and the Yeongheung Thermal Power Plant.
2023 KEPCO ranked 258th on the Fortune Global 500 ranking of the world's largest companies.
2023 Korea East-West Power operates the Dangjin and Honam Coal Fired Power Plants, managing a total of 9,579 MW in installed capacity.
2023 Korea Western Power manages a total installed capacity of 11,872 MW through 10 coal-fired units and 22 LNG combined cycle units at the Taean Thermal Power Plant.
2023 Nexon published Dave the Diver by Mintrocket and The Finals by Embark Studios, expanding into diverse game genres
2023 Nexon announced that CEO Owen Mahoney will be succeeded by Nexon Korea CEO Junghun Lee in 2024.
December 31 2023 KEPCO reported a total installed generating capacity of 83,235MW across 794 generation units, utilizing diverse energy sources including nuclear, oil, coal, liquified natural gas, hydro, wind, and solar.
August 17 2023 The copyright infringement lawsuit against Ironmace was dismissed by the court.
May 2023
LG
LG introduces a secondary logo.
April 20 2023 Nexon filed a copyright infringement lawsuit against Ironmace in the United States regarding the game Dark and Darker.
March 2023 Nexon filed a police complaint that led to a police raid of Ironmace's offices, related to allegations of stolen files and ideas from the canceled 'P3' project.
2022 DNF Duel was released and nominated for The Game Awards 2022 Best Fighting Game
July 2022 SK Group announced a $22 billion investment in the United States across semiconductor, green energy, bioscience, and other technology industries, with a total planned investment of over $52 billion in the US by 2025.
June 2022 POSCO temporarily cut production lines in Pohang plants due to a truckers' strike disrupting cargo transport.
May 2022 Dungeon & Fighter Mobile was released in China.
May 2022 Nexon launched Mintrocket, a sub-brand focusing on games 'focusing on the essence of fun', with its first game Dave the Diver selling one million copies within ten days of launch.
May 22 2022 Hyundai Motor Group announced a $5 billion investment in the United States, planned for expansion by 2025, focusing on urban air mobility, autonomous driving, artificial intelligence, and robotics. The announcement was made during a visit by President Biden to South Korea.
March 2022 Dungeon & Fighter Mobile was released in South Korea.
January 2022 Russo brothers-owned film production company AGBO sold a $400 million minority stake to Nexon, with Nexon taking a 38% stake valued at $1.1 billion.
January 13 2022 POSCO signed a Memorandum of Understanding with Adani Group to explore setting up an Integrated Steel Mill in Mundra, Gujarat, with an estimated investment of US$5 billion.
2021 SK Wyverns was sold to E-Mart and subsequently renamed SSG Landers.
2021 SK Group recorded combined revenues of $133 billion, with $50 billion coming from exports, demonstrating significant global economic performance.
2021
LG
LG AI Research announced the first version of its EXAONE language model, introducing their initial AI technology platform.
2021
LG
The company announced its first version of EXAONE, their proprietary AI language model.
2021 Initiated 'Dear My Hero' campaign, creating hydrogen garbage trucks to improve sanitation workers' work environment.
2021 Nexon's 'P3' project was canceled, leading to nine project members leaving the company and subsequently joining Ironmace game studio.
2021 A MapleStory user named Kim sued Nexon for failing to provide detailed probability information about in-game item draws, specifically alleging that Nexon had manipulated cube draw probabilities for a decade.
2021 Nexon announced a series of games for global release, with a focus on expanding into European and North American markets.
December 2021
LG
LG AI Research was officially launched, marking the company's dedicated artificial intelligence research division.
December 2021 Hyundai suspended development of its Genesis hydrogen cars, and potentially other hydrogen vehicle models.
September 7 2021 Hyundai Motor Group held the Hydrogen Wave global online forum, presenting their vision for the hydrogen business, hydrogen fuel cells, and hydrogen mobility, including Hydrogen Vision 2040.

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