Chinese game developers
Scope
Date
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Batteries
Hyundai Motor invests $100 mn in US battery startup SES
Hyundai Motor Co. is set to invest $100 million in US-based electric vehicle battery startup SolidEnergy Systems (SES) to obtain next-generation tec...
Jul 04, 2021 (Gmt+09:00)
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COVID-19
Korea’s pharma consortium to develop mRNA vaccines by 2022
South Korea will develop its own messenger ribonucleic acid (mRNA) vaccines by next year with plans to annually manufacture 100 million doses from 2...
Jun 30, 2021 (Gmt+09:00)
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Korean games
Why Google is getting heat from game companies on recent commission cuts
Global IT giant Google is facing strong backlash from South Korean game companies angry with having to pay a 30% commission on in-app purchases whil...
Jun 29, 2021 (Gmt+09:00)
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IPOs
Mobile game developer Netmarble Neo kicks off IPO process
Following in the footsteps of its bigger rival Krafton Inc., South Korean mobile game developer Netmarble Neo has kicked off its initial public offe...
Jun 27, 2021 (Gmt+09:00)
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Biotech
Seegene develops one-stop COVID-19 testing lab on wheels; eyes MENA expansion
South Korea-based diagnostic kit maker Seegene Inc. has developed a mobile diagnostic and testing lab that offers a one-stop solution for COVID-19 t...
Jun 25, 2021 (Gmt+09:00)
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Korean startups
AI startup Voyager X raises over $25 mn in Series A funding round
South Korea-based artificial intelligence startup Voyager X Inc. has successfully raised around 30 billion won ($26.4 million) in a Series A funding...
Jun 23, 2021 (Gmt+09:00)
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Markets
Short-selling ban keeps Korea from MSCI’s developed-markets index
South Korea is unlikely to obtain the global index provider MSCI’s developed-market status this year with the Korean government’s decisi...
Jun 22, 2021 (Gmt+09:00)
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Mobile networks
Samsung, LG take major steps forward in 6G commercialization
“It’s never too early to start preparing for 6G,” said Samsung Electronics Co. last July in releasing The Next Hyper-Connected Exp...
Jun 17, 2021 (Gmt+09:00)
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IPOs
Krafton mega IPO on horizon: Industry game-changer
Krafton Inc. is set to become the first South Korean decacorn startup, or a company valued at over $10 billion, to make a trading debut on the count...
Jun 15, 2021 (Gmt+09:00)
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Mobile networks
Samsung unveils low-end 5G phone to rival China’s cheap models
Samsung Electronics Co. on Friday launched a low-end 5G smartphone in overseas markets amid intensified price competition initiated by Chinese mobil...
Jun 04, 2021 (Gmt+09:00)
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Chief Executives
Com2uS, Gamevil Chairman Song Byung-joon: Mobile game pioneer, sports enthusiast
About eight years ago on Oct. 5, 2013, Song Byung-joon, the then-chief executive of South Korean mobile game developer Gamevil Inc., visited the off...
Jun 02, 2021 (Gmt+09:00)
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Carbon neutrality
Korea’s OCI to return to highest profit in decade on rising polysilicon prices
OCI Co., a South Korean chemical and green energy company, has been in the red for years, weighed by weak prices of its mainstay product polysilicon...
May 30, 2021 (Gmt+09:00)
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ESG
NPS adopts limited negative screening on high emitters
South Korea's National Pension Service (NPS) decided on Friday to exclude from its portfolio new coal-fired power development projects both at home ...
May 28, 2021 (Gmt+09:00)
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Electronics
Samsung Display to expand small OLED line with $2.7 bn investment
Samsung Display Co., South Korea’s largest display maker, plans to spend as much as 3 trillion won ($2.7 billion) to build a new organic light...
May 28, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor’s new XCIENT truck raises hydrogen game in Europe
South Korea’s top automaker Hyundai Motor Co. has unveiled an upgraded version of its fuel cell truck XCIENT, turning up the heat on rivals in...
May 26, 2021 (Gmt+09:00)
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COVID-19
SK Bioscience secures up to $173.4 mn from CEPI for vaccine development
SK Bioscience Co. has secured additional funding for phase III clinical trial of GBP510, its COVID-19 vaccine candidate jointly developed with the I...
May 24, 2021 (Gmt+09:00)
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Mergers & Acquisitions
World's 1st e-sports channel OGN up for sale; valued at $8.9 million
OGN, a South Korean cable TV channel specialized in broadcasting video game-related content and e-sports matches, is up for sale.According to invest...
May 21, 2021 (Gmt+09:00)
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Construction & Planning
Hyundai CE, Amazon develop AI-based equipment diagnosis technology
Hyundai Construction Equipment Co. (Hyundai CE), an affiliate of Hyundai Heavy Industries Holdings Co., said on May 17 that it has jointly developed...
May 17, 2021 (Gmt+09:00)
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Artificial intelligence
LG Group to invest $106 mn in advanced AI tech development
South Korea’s LG Group will spend about 120 billion won ($106 million) over the next three years to establish a massive high-performance compu...
May 17, 2021 (Gmt+09:00)
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Electronics
Samsung, LG go all out to lure adult gamers to LED TVs
Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are striving to attract gamers to their large-size LED T...
May 10, 2021 (Gmt+09:00)
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Entertainment
Com2uS enters JV to create webtoon based on popular game Summoners War
South Korean game developer Com2uS Corp. is expanding its footprint in the storytelling and webtoon industry by setting up a joint venture with lead...
May 07, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha Defense readies full-scale USV development
Hanwha Defense Co., a wholly owned defense solutions subsidiary of Hanwha Aerospace Co., got the go-ahead from South Korea’s defense procureme...
Apr 22, 2021 (Gmt+09:00)
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Batteries
Hyundai Motor, SK Innovation join forces on hybrid car battery development
South Korea-based automakers Hyundai Motor Co., KIA Corp. and electric vehicle battery maker SK Innovation Co. have joined forces to jointly develop...
Apr 16, 2021 (Gmt+09:00)
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Electronics
Samsung develops ultra-small, high-capacity MLCC
Samsung Electro-Mechanics Co. has developed an ultra-small and high-performance multilayer ceramic capacitor (MLCC) for use in a wider range of el...
Apr 16, 2021 (Gmt+09:00)
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Korean games
Smilegate becomes 5th game firm to join trillion won club
Smilegate Entertainment Inc. has become the fifth South Korean game company to join the trillion won club, as it posted a revenue of 1.73 trillion w...
Apr 14, 2021 (Gmt+09:00)
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Cryptocurrencies
Chinese investors enjoy bitcoin arbitrage gains on Kimchi Premium
Chinese investors trading in digital assets such as bitcoin are reaping decent arbitrage gains in South Korea as the so-called Kimchi Premium has re...
Apr 13, 2021 (Gmt+09:00)
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IPOs
Korean casino game developer revives Nasdaq IPO plan
DoubleDown Interactive LLC, a South Korean social casino game publisher, has resumed its Nasdaq listing process, tapping the red-hot US IPO market w...
Apr 04, 2021 (Gmt+09:00)
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Batteries
POSCO agrees on joint graphene cluster development
The steelmaker POSCO will lead in the creation of a graphene industry cluster in the city of Pohang, about 300km southeast of Seoul, where the compa...
Mar 31, 2021 (Gmt+09:00)
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Korean games
Nexon invests $874 mn in Hasbro, Japan’s game giants
South Korea’s Nexon Co. has disclosed investments in the global entertainment sector made last year, totaling $874 million or 58% of the amoun...
Mar 30, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Chinese PE firm pays $1.4 bn to take over Magnachip Semiconductor
South Korean chipmaker Magnachip Semiconductor Corp. announced on Mar. 27 that it has entered into a definitive agreement to be acquired by China-ba...
Mar 28, 2021 (Gmt+09:00)
language
Latest News
- 1 S.Korea eases path for foreign REITs in senior housing push
- 2 Koramco targets $7 bn bets on Korea data centers
- 3 Lotte Chemical, HD Hyundai seek big deal via merger of naphtha cracking facilities
- 4 South Korea accelerates stablecoin framework in global race
- 5 Lee vows policy overhaul to spur dividend payouts