Venture capital heavyweights tighten belts after 13-year spending spree

Venture capital firms at home and abroad are tightening their belts, following growing concerns over inflation and continued interest hikes by maj...
Scope
Date
~
Venture capital firms at home and abroad are tightening their belts, following growing concerns over inflation and continued interest hikes by maj...
KT Cloud is working to raise 1 trillion won ($792 million) by issuing new shares. The cloud arm of telecom juggernaut KT Corp. plans to use the...
Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...
Some major institutional investors in South Korea are set to increase alternative investments this year to hedge inflation and stabilize cash flows....
Kim Dong-su, CEO of Silicon Valley-based LG Technology Ventures said that the failures he experienced while working at a boutique investment firm ha...
South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...
Winia Electronics Co., a medium-sized South Korean consumer electronics company, is the top microwave brand in Mexico. It is a little-known fact tha...
Public Officials Benefit Association (POBA) of South Korea will keep its conservative stance in both private equity and private debt investment, whi...
Kim Hyun-soo, a former real estate investment head of South Korea's National Pension Service (NPS), has been named Asia head of Allianz Real Estate,...
The growing trend toward personalized hiring and the rising demand for technology developers are encouraging South Korea’s human resources tec...
KT Corp., a major South Korean telecommunications company, and its affiliates had the largest subscribers of the country’s pay TV services, ma...
South Korea’s LG Uplus Corp. will target specific groups of customers such as office workers and preschoolers for its metaverse platforms, set...
MBK Partners has added South Korea's top home decor company Modern House to the list of assets it plans to exit this year, as domestic retail giants...
LG Energy Solution Ltd. and SK On Co., the world’s No. 2 and No. 5 battery makers, respectively, are set to add prismatic batteries to their l...
SoluM Co., a South Korean mid-sized electronic component maker, is eyeing record performance this year, thanks to orders from Volkswagen AG and Elon...
South Korea’s LG Energy Solution Ltd., the world’s No. 2 battery producer, boosted its muscle to court industry leader China’s Con...
Two US streaming platforms HBO Max and Paramount Plus will be launching South Korean services this year via domestic over-the-top (OTT) players in a...
South Korea's biopharmaceutical company Celltrion Inc. plans to sell all of its biosimilar products through its own sales channels in Europe to impr...
One Store Co., South Korea's homegrown app store, will venture into Taiwan and Southeast Asia within the year, aiming to crack Google and Apple's du...
SFA Engineering Corp., a small South Korean equipment maker, has for decades been known for its automated machines used in the manufacture of displa...
South Korea’s NH-Amundi Asset Management Co. said on Monday that it completed selling Yuanta Securities Co.’s Korean headquarters to C...
South Korea’s No. 1 noodle maker Nongshim Co. is aiming for top place in the world’s instant noodle market, looking to beat the current ...
LG Display Co., a major South Korean display panel maker, plans to drastically cut production of its liquid crystal display panels for TVs, as it fa...
Shares of Samsung Electronics Co., the largest stock on South Korea’s main bourse, rose strongly on Friday, snapping a five-day losing streak,...
SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...
South Korea’s YKMC Inc., an integrated contract manufacturer for global companies such as Taiwan Semiconductor Manufacturing Co. (TSMC) and Ai...
The price of a public golf course in South Korea has surged 35% in one and a half years to set the highest per-hole selling price for a Korean golf ...
Dongkuk Steel Mill Co., South Korea’s leading color-coated steel manufacturer, said on Wednesday it has acquired a 15% stake in VSSC Steel Cen...
South Korean game developer and publisher Pearl Abyss announced Tuesday the mobile version of its cross-platform MMORPG Black Desert has claimed f...
Foreign investors’ holding rate in South Korea’s main bourse Kospi has plunged to the lowest level since 2010. The investors have dispos...
Venture capital heavyweights tighten belts after 13-year spending spree
Venture capital firms at home and abroad are tightening their belts, following growing concerns over inflation and continued interest hikes by maj...
May 26, 2022 (Gmt+09:00)
KT Cloud targets $792 million with new stock issuance
KT Cloud is working to raise 1 trillion won ($792 million) by issuing new shares. The cloud arm of telecom juggernaut KT Corp. plans to use the...
May 25, 2022 (Gmt+09:00)
Samsung further expands global TV market share in Q1
Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...
May 24, 2022 (Gmt+09:00)
Alternative investment market at inflection point, says Suhyup CIO
Some major institutional investors in South Korea are set to increase alternative investments this year to hedge inflation and stabilize cash flows....
May 24, 2022 (Gmt+09:00)
Humbling experience leads to VC success – LG Tech Ventures CEO
Kim Dong-su, CEO of Silicon Valley-based LG Technology Ventures said that the failures he experienced while working at a boutique investment firm ha...
May 24, 2022 (Gmt+09:00)
Hanwha Systems joins hands with Italy's Leonardo for radar exports
South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...
May 24, 2022 (Gmt+09:00)
Winia Electronics sharpens marketing efforts in Mexico
Winia Electronics Co., a medium-sized South Korean consumer electronics company, is the top microwave brand in Mexico. It is a little-known fact tha...
May 23, 2022 (Gmt+09:00)
POBA targets upper-middle market in North America for PD investment
Public Officials Benefit Association (POBA) of South Korea will keep its conservative stance in both private equity and private debt investment, whi...
May 23, 2022 (Gmt+09:00)
Former NPS real estate chief named Allianz RE's Asia head
Kim Hyun-soo, a former real estate investment head of South Korea's National Pension Service (NPS), has been named Asia head of Allianz Real Estate,...
May 20, 2022 (Gmt+09:00)
HR startups outwit job posting sites for IT workers
The growing trend toward personalized hiring and the rising demand for technology developers are encouraging South Korea’s human resources tec...
May 19, 2022 (Gmt+09:00)
KT maintains throne in Korea pay TV market in H2 2021
KT Corp., a major South Korean telecommunications company, and its affiliates had the largest subscribers of the country’s pay TV services, ma...
May 19, 2022 (Gmt+09:00)
LG Uplus eyes metaverse niches for office workers, kids
South Korea’s LG Uplus Corp. will target specific groups of customers such as office workers and preschoolers for its metaverse platforms, set...
May 18, 2022 (Gmt+09:00)
MBK puts home decor firm Modern House on market
MBK Partners has added South Korea's top home decor company Modern House to the list of assets it plans to exit this year, as domestic retail giants...
May 17, 2022 (Gmt+09:00)
LG Energy, SK On to add prismatic types to EV cell lineups
LG Energy Solution Ltd. and SK On Co., the world’s No. 2 and No. 5 battery makers, respectively, are set to add prismatic batteries to their l...
May 17, 2022 (Gmt+09:00)
Volkswagen partner SoluM eyes top spot in global ESL market
SoluM Co., a South Korean mid-sized electronic component maker, is eyeing record performance this year, thanks to orders from Volkswagen AG and Elon...
May 17, 2022 (Gmt+09:00)
LG Energy completes LFP battery development for Tesla
South Korea’s LG Energy Solution Ltd., the world’s No. 2 battery producer, boosted its muscle to court industry leader China’s Con...
May 12, 2022 (Gmt+09:00)
HBO, Paramount to enter Korea via local OTT players
Two US streaming platforms HBO Max and Paramount Plus will be launching South Korean services this year via domestic over-the-top (OTT) players in a...
May 11, 2022 (Gmt+09:00)
Celltrion to sell biosimilar products via its own channel in Europe
South Korea's biopharmaceutical company Celltrion Inc. plans to sell all of its biosimilar products through its own sales channels in Europe to impr...
May 11, 2022 (Gmt+09:00)
Korean app market One Store to venture into SE Asia
One Store Co., South Korea's homegrown app store, will venture into Taiwan and Southeast Asia within the year, aiming to crack Google and Apple's du...
May 10, 2022 (Gmt+09:00)
Korea’s SFA Engineering aims for top spot in smart factory market
SFA Engineering Corp., a small South Korean equipment maker, has for decades been known for its automated machines used in the manufacture of displa...
May 09, 2022 (Gmt+09:00)
NH-Amundi sells Yuanta's Seoul office to Capstone for $242 bn
South Korea’s NH-Amundi Asset Management Co. said on Monday that it completed selling Yuanta Securities Co.’s Korean headquarters to C...
May 03, 2022 (Gmt+09:00)
Nongshim eyes top spot in global instant noodle market
South Korea’s No. 1 noodle maker Nongshim Co. is aiming for top place in the world’s instant noodle market, looking to beat the current ...
May 03, 2022 (Gmt+09:00)
LG Display to drastically cut LCD output as Chinese rivals churn it out
LG Display Co., a major South Korean display panel maker, plans to drastically cut production of its liquid crystal display panels for TVs, as it fa...
May 02, 2022 (Gmt+09:00)
Samsung Electronics shares rebound as foreigners turn net buyers
Shares of Samsung Electronics Co., the largest stock on South Korea’s main bourse, rose strongly on Friday, snapping a five-day losing streak,...
Apr 29, 2022 (Gmt+09:00)
SK, BlackRock team to bet on EV charging station maker
SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...
Apr 29, 2022 (Gmt+09:00)
Korea contractor for TSMC, Airbus aims to top anodizing sector
South Korea’s YKMC Inc., an integrated contract manufacturer for global companies such as Taiwan Semiconductor Manufacturing Co. (TSMC) and Ai...
Apr 29, 2022 (Gmt+09:00)
Korean golf course price likely to set new record per hole
The price of a public golf course in South Korea has surged 35% in one and a half years to set the highest per-hole selling price for a Korean golf ...
Apr 29, 2022 (Gmt+09:00)
Dongkuk buys 15% stake in Vietnamese steel fabricator
Dongkuk Steel Mill Co., South Korea’s leading color-coated steel manufacturer, said on Wednesday it has acquired a 15% stake in VSSC Steel Cen...
Apr 27, 2022 (Gmt+09:00)
Black Desert by Pearl Abyss tops China app market
South Korean game developer and publisher Pearl Abyss announced Tuesday the mobile version of its cross-platform MMORPG Black Desert has claimed f...
Apr 27, 2022 (Gmt+09:00)
Foreign ownership of Korean shares hits lowest level since 2010
Foreign investors’ holding rate in South Korea’s main bourse Kospi has plunged to the lowest level since 2010. The investors have dispos...
Apr 26, 2022 (Gmt+09:00)