Advanced Performance of High-speed Access
Scope
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Bio & Pharma
JW Pharma applies for phase 3 trial in Taiwan for gout treatment
JW Pharmaceutical announced through its disclosure on Monday that it had applied last Friday for a phase 3 trial for Epaminurad, a gout treatment, w...
Dec 19, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Glenwood to sue Baring PEA over buyout deal cancellation
South Korea’s Glenwood Private Equity is set to take legal action against Hong Kong-based Baring Private Equity Partner over the cancellation ...
Dec 16, 2022 (Gmt+09:00)
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Economy
S.Korean corporate debt ratio hits six-year high in Q3
South Korean corporate debt ratio rose to a six-year high in the third quarter as sales growth and profitability fell, darkening the outlook for Asi...
Dec 16, 2022 (Gmt+09:00)
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Corporate strategy
Samsung eyes new mobile AP chip to take on Apple's iPhone
Samsung Electronics Co. and Apple Inc. have had a long rivalry in the global market for smartphones and other mobile devices. In terms of sales...
Dec 15, 2022 (Gmt+09:00)
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Korean startups
Korean startup Epikar succeeds in attracting series A investment
Epikar, a car retail digital conversion solution company, said on Thursday that it has succeeded in attracting Series A investment from a number of ...
Dec 15, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha to develop Korean Army's next-gen communications network
Hanwha Systems Co. will develop core technologies for the South Korean Army’s tactical information communications network TICN-II, which will ...
Dec 15, 2022 (Gmt+09:00)
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ESG
SK Ecoplant earns AA grade for FTC's voluntary compliance program
South Korea's construction engineering company SK Ecoplant Co., Ltd. is accelerating its environmental, social, and governance (ESG) management effo...
Dec 14, 2022 (Gmt+09:00)
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Bio & Pharma
Neurophet acquires Singaporean certification for Alzheimer's diagnosis
South Korea's medical imaging device maker Neurophet said on Tuesday that its SCALE PET has obtained a medical device certification from the Health ...
Dec 13, 2022 (Gmt+09:00)
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Batteries
LG Energy-GM JV secures $2.5 bn loan from US for EV battery production
South Korean battery maker LG Energy Solution Ltd. said on Wednesday its joint venture with General Motors Co. has attracted $2.5 billion via a loan...
Dec 13, 2022 (Gmt+09:00)
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Automobiles
Ace View’s surround view monitoring system works at high speed
Ace View Co., a South Korean surround view monitoring system provider, has unveiled a new product that works at driving speeds of as high as 100 km ...
Dec 12, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia on course for record EV sales in Europe
Hyundai Motor Group, South Korea’s top carmaker, is on course for record electric vehicle sales in Europe, with its new models' expansion in t...
Dec 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Baring PEA breaks $1 bn PI Advanced Materials buyout deal
Hong Kong-based Baring Private Equity Asia has broken a deal to buy a majority stake in the world’s largest polyimide film manufacturer PI Adv...
Dec 08, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops world's fastest server DRAM sample
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Thursday it has developed working samples of DDR5 multiplexer combined ranks dual ...
Dec 08, 2022 (Gmt+09:00)
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Electronics
Microdisplays poised to emerge in growing XR market
The slowly growing extended reality (XR) market next year is expected to explode as global big tech companies get ready to launch augmented (AR) and v...
Dec 08, 2022 (Gmt+09:00)
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Hydrogen economy
Lotte Chem, Air Liquide Korea launch JV for hydrogen business
South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide SA, announced on Tue...
Dec 06, 2022 (Gmt+09:00)
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Electronics
Taihan earns certification for extra-high voltage transmission cable
Taihan Cable & Solution said on Monday that it had completed the development of a 500-kV current cross-linked polyethylene extra-high voltage DC...
Dec 06, 2022 (Gmt+09:00)
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Korean food
Kimchi exports to US reach record high of $27 million so far this year
Exports of kimchi to the United States increased steadily to reach a record high of $26.7 million worth of the fermented dish between January and No...
Dec 05, 2022 (Gmt+09:00)
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Foreign exchange
Korea won near 5-mth high as Powell signals slower hikes
The South Korean won currency hit a near 5-month high on Thursday as US Federal Reserve Chairman Jerome Powell suggested a slowdown in its tightenin...
Dec 01, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung Foundry: Driving force behind digital transformation
As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...
Dec 01, 2022 (Gmt+09:00)
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Korean startups
Cento Ventures: High ROI of Korean startups still uncommon knowledge
When it comes to the global startup ecosystem, South Korean cities, including the capital Seoul, often do not come to investors’ minds before ...
Nov 30, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung Elec showcases new high-performance graphics DRAM
Samsung Electronics Co., the world’s top memory chipmaker, unveiled a next-generation graphics DRAM to meet growing demand for high-performanc...
Nov 29, 2022 (Gmt+09:00)
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Economy
Korean overseas card spending near 3-year high on resurgence in travel
Overseas card spending by residents in South Korea rose to a nearly three-year high in the third quarter as international travel surged with countri...
Nov 29, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung sets sights on GAA tech to overtake TSMC in foundry
As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...
Nov 29, 2022 (Gmt+09:00)
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Earnings
Samsung SDS records record-high share of overseas sales of 71%
The overseas sales of South Korea's Samsung SDS comprises 71% of overall revenue, the highest rate since the company launched its business process o...
Nov 23, 2022 (Gmt+09:00)
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Economy
OECD cuts Korea's economic growth forecast for next year to 1.8%
The Organisation for Economic Development and Co-operation (OECD) has cut its forecast for South Korea's economic growth next year to 1.8%, down fro...
Nov 23, 2022 (Gmt+09:00)
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Mergers & Acquisitions
KDB reaches out to Hyundai, POSCO, CJ, LX on HMM stake sale
State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...
Nov 22, 2022 (Gmt+09:00)
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Economy
Seoul more expensive than Tokyo for expats due to high real estate costs
TOKYO — The monthly rent of a commercial building in Seoul has surpassed that of Tokyo for the first time.The rent for an office building in t...
Nov 20, 2022 (Gmt+09:00)
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Business & Politics
Saudi prince’s Seoul trip brings $30 billion in business deals
Mohammed bin Salman, the crown prince and prime minister of Saudi Arabia, flew into Seoul on Thursday and clinched $30 billion in bilateral deals wi...
Nov 17, 2022 (Gmt+09:00)
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Earnings
South Korea's listed companies suffer 26% drop in operating profit in Q3
South Korea's companies listed on the main stock exchange Kospi in this year's third quarter saw operating profit drop 26% from the same period last...
Nov 17, 2022 (Gmt+09:00)
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Chemical Industry
SK Geo Centric to build Asia's biggest advanced recycling plant with British partner
South Korea's SK Geo Centric, the green chemical subsidiary of SK Innovation, will build Asia's largest advanced recycling (pyrolysis) plant in the ...
Nov 16, 2022 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet