Australian deep-tech company
Scope
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Korean stock market
Defense, healthcare lure global funds in dull market
Defense, healthcare and semiconductor materials companies have been the main investment targets of global funds such as Fidelity and Morgan Stanley ...
May 04, 2023 (Gmt+09:00)
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Regulations
Samsung vetoes Broadcom's proposed measures to avoid Korean penalties
Samsung Electronics Co. and other South Korean tech companies opposed measures proposed by Broadcom Inc. to avoid penalties by the country’s a...
May 04, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution drops to third on global market for EV battery in Q1
South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...
May 04, 2023 (Gmt+09:00)
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Chemical Industry
CJ CheilJedang gets FDA approval for biodegradable packaging material
South Korea's largest food and bio company CJ CheilJedang Corp. announced on Thursday that its biodegradable material polyhydroxyalkanoate (PHA) has...
May 04, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea’s Suprema wins order from Saudi Arabia's Neom city project
South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, on Wednesday said it won a large-scale project in Neom, a ...
May 04, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals gets marketing approval for epilepsy drug in Israel
South Korea’s SK Biopharmaceuticals said on Wednesday that the Israeli Ministry of Health has approved the company's new drug application (NDA...
May 03, 2023 (Gmt+09:00)
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Carbon neutrality
HD KSOE declares carbon neutrality in first for S.Korea's shipbuilders
South Korea's HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding holding company of HD Hyundai Co., is the first in domest...
May 03, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong Pharma to build third botulinum toxin plant for $746 mn
South Korea’s Daewoong Pharmaceutical next year will open a third plant to greatly expand annual output of its botulinum toxin Nabota at a cos...
May 03, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion applies for Phase 3 clinical trials in Europe for biosimilar
South Korea’s Celltrion Inc. is speeding up global clinical trials of its biosimilar of the multiple sclerosis (MS) treatment Ocrevus (active ...
May 03, 2023 (Gmt+09:00)
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Shareholder activism
Korean activist fund mired in controversy over SM stock deals
A South Korean private equity firm leading shareholder activism against SM Entertainment Co. is mired in controversy as it has surfaced that it sold...
May 02, 2023 (Gmt+09:00)
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Robotics
KT launches two new AI serving robots
South Korea's KT Corp., said on Tuesday that it has unveiled two new AI service robots with upgraded features for enhanced driving stability and w...
May 02, 2023 (Gmt+09:00)
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Banking & Finance
Meritz emerges fast to take on South Korea’s big financial companies
Back in the early 2000s, Meritz was an obscure, lesser-known insurance-related company in South Korea’s financial arena.Part of Hanjin Group, ...
May 02, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung foundry backlogs top $74.6 bn for logic chip biz goal
Samsung Electronics Co., the world’s No. 2 foundry player, has secured contract semiconductor manufacturing order backlogs of more than 100 tr...
Apr 30, 2023 (Gmt+09:00)
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Batteries
S.Korea, US agree on simplified EV charger export procedure
South Korean companies looking to export electric vehicle chargers to the United States can now receive local certification more conveniently within...
Apr 28, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s four firms to develop domestic tech for carbon capture
South Korea's shipbuilding and shipping companies, including HMM Co., Samsung Heavy Industries, marine equipment manufacturer Panasia and the ship i...
Apr 28, 2023 (Gmt+09:00)
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Sovereign wealth funds
KIC mulls expanding assets in Asian emerging markets: CEO
NEW YORK – Sovereign wealth fund Korea Investment Corporation (KIC) is considering expanding alternative investments in Asian emerging markets...
Apr 28, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea’s AI platform Wrtn to enter Japanese market
South Korean generative AI startup Wrtn Technologies unveiled Wrtn Japan, its Japanese version generative AI platform, during the "Generative AI Asi...
Apr 28, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility secures place on US market for SMR
South Korea's heavy industry company Doosan Enerbility Co. on Thursday said it discussed on Tuesday cooperation in areas like hydrogen production us...
Apr 28, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong to transfer techs for autoimmune disease to US pharma
South Korea's Daewoong Pharmaceutical announced on Friday that it has signed a technology export contract for the clinical development and commercia...
Apr 28, 2023 (Gmt+09:00)
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Korean startups
S.Korea to support exports of 100 SMEs in metaverse, XR industry
South Korea's Ministry of Science and ICT announced on Thursday that it will support the export of 100 small- and medium-sized enterprises (SMEs) in...
Apr 27, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom, Golfzon develop AI golf platform
An artificial intelligence platform in South Korea has produced a golfing coach that analyzes and diagnoses problems in swing posture and recommends...
Apr 27, 2023 (Gmt+09:00)
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Economy
Chinese weak domestic demand causes S.Korean trade deficit: report
The Korea International Trade Association (KITA) has urged South Korea to develop a strategy to strengthen exports to China based on its market situ...
Apr 27, 2023 (Gmt+09:00)
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Entertainment
HYBE bets big on AI; to unveil generative AI project in May: Chairman Bang
HYBE Co. is set to wow the world again but this time with the much-hyped generative artificial intelligence technology as it plans to unveil an unpr...
Apr 27, 2023 (Gmt+09:00)
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Business & Politics
Seoul zeroes in on high tech for US business alliance
South Korean President Yoon Suk Yeol is off to a smooth start on his six-day state visit to the US this week, which is expected to pave the way for ...
Apr 26, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea gov’t hosts sales event for domestic, US SMEs
South Korean small- and medium-sized enterprises (SMEs) expanded their exchange and cooperation with US firms during President Yoon Suk yeol's state...
Apr 26, 2023 (Gmt+09:00)
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Batteries
Kolon Industries to move into secondary battery recycling market
Kolon Industries Inc., a South Korean chemical and textile manufacturing company, is entering the secondary battery recycling market. The company an...
Apr 26, 2023 (Gmt+09:00)
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Batteries
POSCO Future M to supply LG Energy Solution $22.6 bn worth of cathodes
POSCO Future M Co. on Wednesday signed a long-term contract with LG Energy Solution Ltd. (LGES) to supply 30.26 trillion won ($22.6 billion) worth o...
Apr 26, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea, Airbus plan to open domestic tech research center
South Korea and European aircraft maker Airbus Group will open a technology research center in the country and discuss boosting cooperation in suppl...
Apr 26, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT, Eluon aim to use domestic equipment for 5G network
South Korea's KT Corp. on Tuesday said it developed a small cell gateway with partner and tech startup Eluon.The small cell gateway is a system that...
Apr 26, 2023 (Gmt+09:00)
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Bio & Pharma
Bionote, Covetrus sign distribution agreement diagnostic products for animals
BioNote, South Korean developer of diagnostic reagents for animals, announced on Tuesday that it has signed a supply contract with Covetrus, a US-ba...
Apr 25, 2023 (Gmt+09:00)
Latest News
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- 5 Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma