E-Mart to join buyout of Korean meat importer
E-Mart Inc., South Korea’s retail giant Shinsegae Inc.’s supermarket chain, is slated to participate in IGIS Investment Partner’s ...
LG Energy Q1 profit beats forecast on strong demand, price hikes
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, reported a lower-than-expected decline in quarterly profit...
Kurly’s mounting losses spark controversy over planned IPO
South Korea’s Kurly Inc. nearly doubled its on-year losses on higher costs last year -- raising market controversy over its listing -- as the ...
Mirae Asset Global REIT to raise $371 mn for US warehouses
Mirae Asset Global Real Estate Investment Trust Co., a South Korean listed REIT under Mirae Asset Global Investments Co., is set to raise around 450...
Korea’s top adult webtoon platform targets global market
Topco, South Korea’s top adult webtoon platform operator, is targeting the global digital comic market with the goal to expand its business in...
Korea’s battery trio cornered by Chinese rivals’ overseas advance
China’s leading battery makers are actively advancing into overseas markets with plans to build manufacturing factories close to their clients...
Hyundai, Kia outperform competitors in US in Q1
Hyundai Motor Co. and Kia Corp., automaking units of Hyundai Motor Group, logged a smaller decline in US car sales than their global competitors in ...
KT, NHN launch cloud subsidiaries
South Korea’s second-largest wireless carrier KT Corp. launched a cloud computing subsidiary on Friday. Cloud computing is the on-demand ...
SaaS provider Clika wants to lead S. Korea's MLOps market
The wider adoption of artificial intelligence around the globe calls for more data in the form of high quality photos, videos, and text. With t...
Mid-cap, small-cap outperform large-cap stocks in Q1 2022
South Korea’s mid-cap and small-cap shares outperformed large-cap stocks during the first quarter of 2022 as some glitzy initial public offe...
SK Bioscience seeks multi-billion-dollar M&As, eyes gene therapy sector
SK Bioscience Co., the biopharmaceutical unit of South Korea’s SK Group, is seeking multi-billion-dollar mergers and acquisitions to expand it...
EDGC enters US procurement market with medical supplies
Eone Diagnomics Genome Center Co. (EDGC), a South Korean healthcare firm specializing in genetic analysis technology, is set to enter the US governm...
Samsung to work with Western Digital on next-gen storage technology
Samsung Electronics Co. and Western Digital Technologies Inc. announced Wednesday the two parties signed a memorandum of understanding (MOU) to coll...
Kia set to break ground on purpose-built vehicle plant in 2023
Kia Corp., South Korea’s second-largest automaker, plans to break ground on the construction of its first purpose-built vehicle (PBV) plant ne...
Dell, SK team up for 5G mobile edge computing market
South Korea's top mobile carrier SK Telecom Co. (SKT) has joined hands with Dell Technologies Inc. to launch a 5G mobile edge computing (MEC) platfo...
Hanwha Solutions wins France's solar farm project
Q Cells, a renewable energy division of South Korea's Hanwha Solutions Corp., has clinched a large-scale solar energy project in France, acceleratin...
KTB rebrands with name change as Daol Financial Group
Daol Financial Group of South Korea, formerly known as KTB Financial Group, announced on March 25 the change in the company's name. Daol, a Korean w...
LG Household to lower reliance on Chinese market as shares slump
LG Household & Health Care Ltd. was one of the most coveted shares on the Korean bouse in the past couple of years as the company basked in the ...
Korea's major fashion firms rush to embrace content marketing
Major South Korean fashion companies are speeding up their investment in content startups. F&F Holdings, the distributor of the US outdoor brand...
Samsung launches LTE-only Galaxy A23 to target low-end market
Samsung Electronics Co. on Friday launched the 4G LTE Galaxy A23 smartphone, a cheaper version of its flagship Galaxy A series models, targeting the...
SK E&S buys EverCharge to enter US EV charging market
South Korea’s SK E&S Co. acquired US electric vehicle charging solution provider EverCharge Inc. to start the business in the world’...
Samsung, LG, SK step up push into blockchain market
Top South Korean conglomerates such as Samsung, LG and SK are stepping up efforts to build a presence in the blockchain and crypto-asset markets, a ...
Korea names IMF official as new central bank head
South Korea on Wednesday nominated veteran International Monetary Fund official Rhee Chang-yong as the country’s new central bank chief, who i...
Korean ad agencies vying for bigger slice of virtual space
South Korean advertisement agencies, led by Innocean Worldwide Inc. and Cheil Worldwide Inc., are stepping up efforts to acquire digital technology ...
Korea's hotel deals hit record-high $1.4 bn in 2021: JLL
Hotel deals in South Korea hit a record high of 1.7 trillion won ($1.4 billion) in 2021, up 80% from the previous year, said global real estate serv...
LG Energy considers billion-dollar battery plant in Arizona
South Korea’s LG Energy Solution Ltd. may build a billion-dollar battery plant in the US state of Arizona to meet growing demand in North Amer...
OLED materials makers set to shine as Samsung, Sony unveil new TVs
South Korea’s major OLED materials makers are becoming the market darlings with decent gains in their share prices, as global TV manufacturers...
LG Display reclaims global top spot in Q4 2021
South Korea’s LG Display Co. regained the top spot in the global display market for TVs in the fourth quarter of 2021, according to tech indus...
Europe emerges as battleground for webtoon dominance
South Korea’s tech behemoths Naver Corp. and Kakao Corp. are intensifying competition over who will dominate the global webtoon market. ...
LG Elec. targets North American digital healthcare market
South Korea’s LG Electronics Inc. has made inroads into the North American digital healthcare market with US telehealth company Amwell as the ...
