The next media scanning the flow beyond the signal
THE RADAR

Industry

Samsung Electronics reportedly in talks to buy US cooling firm Modine, after Flakt GroupDeal Room

Modine shares jump about 28% in after-hours trading as LG Electronics, Daikin and Vertiv also race for AI data center cooling

Samsung Electronics is reportedly negotiating to acquire Modine Manufacturing, a US maker of data center cooling equipment. The move would be another attempt at a merger and acquisition (M&A) deal in the heating, ventilation and air conditioning (HVAC) sector following its bid for Germany's Flakt Group, and it suggests Samsung's HVAC strategy for building its artificial intelligence (AI) data center cooling business is expanding from Europe to North America. The following looks at what the market reaction and rivals' moves say about the deal.

By Park Seung-taek

Nov 13, 2026, 17:53 KST

Korea Zinc wins appeal over 520 billion won share issue, but control fight remains unsettledGovernance

An appeals court overturned a first-instance ruling and sided with Korea Zinc in a dispute with Young Poong over whether the company's issuance of new shares worth about 520 billion won to a Hyundai Motor Group overseas unit was lawful. Hyundai Motor Group's stake of about 5% in Korea Zinc, which is classified as friendly shares on the side of Chairman Choi Yun-beom, survived. However, Korea Zinc lost a lawsuit over board appointments just a day earlier, so the outcome of its management rights battle with Young Poong and MBK Partners remains hard to predict.

By Park Seung-taek

Nov 13, 2026, 17:37 KST

POSCO E&C wins 297.4 billion won offshore wind project: what the deal meansDeal Room

POSCO E&C has signed a contract worth about 297.4 billion won for an offshore wind power project and will start construction this month off the coast of Gochang, North Jeolla Province. The contract makes the company solely responsible for engineering, procurement and construction (EPC) of a 76.2MW plant. This article dissects the structure and significance of the deal through three figures: construction cost, capacity and completion date.

By Park Seung-taek

Nov 13, 2026, 15:43 KST