Pandemic polarizes pay between tech and non-tech firms

Pandemic polarizes pay between tech and non-tech firms

Last year's expansion of contactless technologies and services has created a new salary gap among key industries and companies in South Korea.  ...

eBay Korea set to fuel rivalry between retail, online giants

eBay Korea set to fuel rivalry between retail, online giants

The planned sale of eBay Inc.’s South Korean operations is gathering steam ahead of Coupang Corp.'s US stock market listing this week, with th...

Coupang set to raise $3.6 bn via US listing; eyes throne as platform giant

Coupang set to raise $3.6 bn via US listing; eyes throne as platform giant

South Korea's e-commerce giant Coupang Corp. is looking to raise up to $3.6 billion via its initial public offering on the New York Stock Exchange -...

Hyundai Motor, POSCO steelmaking tie-up to develop hydrogen tech

Hyundai Motor, POSCO steelmaking tie-up to develop hydrogen tech

South Korea’s Hyundai Motor Co. and steel giant POSCO have agreed to jointly develop technology that uses hydrogen instead of coking coal to p...

Shinsegae VC firm invests in ride-sharing giant Grab

Shinsegae VC firm invests in ride-sharing giant Grab

South Korean retail giant Shinsegae Group's corporate venture capital (CVC) fund Signite Partners has invested in Grab Holdings Inc., a Southeast As...

PI Advanced Materials emerges as high-tech golden goose

PI Advanced Materials emerges as high-tech golden goose

Back in 2019, SKC Kolon PI, a maker of industrial film, was put up for sale as the company’s two largest owners thought the business’s g...

NPS to invest in Silver Lake’s $20 bn tech fund

NPS to invest in Silver Lake’s $20 bn tech fund

The National Pension Service has decided to invest in a $20 billion technology fund that Silicon Valley-based Silver Lake Partners recently closed, ...

E-commerce giant eBay kicks off $4.6 bn sale of eBay Korea

E-commerce giant eBay kicks off $4.6 bn sale of eBay Korea

E-commerce giant eBay Inc. has officially kicked off the sale process of eBay Korea Co., valued up to 5 trillion won ($4.6 billion), with its sa...

D.CAMP eyes tech startups for global expansion

D.CAMP eyes tech startups for global expansion

D.CAMP, South Korea's largest non-profit foundation for startups, is on the lookout for domestic tech startups with the potential to go big in glo...

Seoul shares tipped to benefit from global indices' China exclusions

Seoul shares tipped to benefit from global indices' China exclusions

Global index providers' recent decisions to remove Chinese companies from their benchmarks are expected to draw additional global and institutional ...

KDB backs $100 mn SE Asia fund of Korean, Chinese VC firms

KDB backs $100 mn SE Asia fund of Korean, Chinese VC firms

South Korean venture capital firm SV Investment Corp, together with China’s Shenzhen Capital Group, will raise $100 million in the Korean VC's...

Bank CEOs in Korea pick big tech as top 2021 challenge

Bank CEOs in Korea pick big tech as top 2021 challenge

Chief executives of banks operating in South Korea have picked the emergence of big technology companies and fintech startups in the credit market a...

Kakao, Tencent join forces to tackle Chinese market

Kakao, Tencent join forces to tackle Chinese market

South Korea’s leading platform giant Kakao Corp. has joined hands with China’s tech giant Tencent Holdings Ltd. to tap into the Chinese ...

Legendary trader Larry Hite sees tech bubble, says Tesla yet to prove value

Legendary trader Larry Hite sees tech bubble, says Tesla yet to prove value

NEW YORK -- Larry Hite, long-time successful hedge-fund manager who doesn’t believe anyone can predict how the stock market will move, has warne...

Companies listed on tech-heavy Kosdaq score high in Q3 on pandemic

Companies listed on tech-heavy Kosdaq score high in Q3 on pandemic

South Korean companies listed on the tech-heavy Kosdaq market posted one of their best third quarters ever thanks to strong sales related to anti-viru...

GS Retail, Home Shopping merge to become retail giant

GS Retail, Home Shopping merge to become retail giant

South Korean conglomerate GS Holdings has decided to merge two of its retail units — the country's No. 1 convenience store chain operator and a ...

Elecfoil maker IMM Tech aims Korean listing

Elecfoil maker IMM Tech aims Korean listing

Iljin Materials Co., a South Korean battery materials maker, is planning to list its Malaysia-based subsidiary IMM Technology on South Korea’s b...

NPS, KTCU commit $200 mn to US tech-focused PEF

NPS, KTCU commit $200 mn to US tech-focused PEF

The National Pension Service and the Korean Teachers’ Credit Union (KTCU) have committed a combined $200 million to technology-focused Thoma Bra...

LG to provide ice-making tech for Electrolux's French door refrigerators

LG to provide ice-making tech for Electrolux's French door refrigerators

South Korea's tech giant LG Electronics Inc. announced on Oct. 26 that it has entered into a patent-licensing agreement with Sweden-based Electrolux t...

Samsung chairman, who led tech giant’s leapfrog to global brand, dies, aged 78

Samsung chairman, who led tech giant’s leapfrog to global brand, dies, aged 78

Lee Kun-hee, chairman of the world’s top smartphone and TV manufacturer Samsung Group, passed away on Oct. 25 at the age of 78, the South Kore...

SK, KTCU see gains from Chinese startup’s Nasdaq IPO

SK, KTCU see gains from Chinese startup’s Nasdaq IPO

SK Group and the Korean Teachers’ Credit Union (KTCU) may walk away with handsome gains from their joint investment of 360 billion won ($314 mil...

CJ Logistics, NPS eye sell-off of Chinese logistics unit

CJ Logistics, NPS eye sell-off of Chinese logistics unit

South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...

CJ Logistics, NPS eyeing to sell Chinese logistics unit

CJ Logistics, NPS eyeing to sell Chinese logistics unit

South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...

CJ Logistics, NPS eye sell-off of Chinese logistics unit

CJ Logistics, NPS eye sell-off of Chinese logistics unit

South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...

Korean display makers poised to suffer from US ban on Chinese app WeChat

Korean display makers poised to suffer from US ban on Chinese app WeChat

Korea’s two largest display panel makers – Samsung Display Co. and LG Display Co. – are widely expected to suffer from the US ban on...

Singapore's ride-sharing giant Grab raises $200 mn from STIC Investments

Singapore's ride-sharing giant Grab raises $200 mn from STIC Investments

Grab Holdings Inc., a Singapore-based technology company, has raised $200 million from South Korean private equity firm STIC Investments Inc., the fir...

How Korean platform giants disrupted the digital comics market with webtoons

How Korean platform giants disrupted the digital comics market with webtoons

South Korean webtoons (mobile and digital comics) are taking over the digital comics markets in Japan and the US. Market watchers claim it is&nbs...

Insurance giant AXA seeks buyers for a 100% stake in Korean AXA General

Insurance giant AXA seeks buyers for a 100% stake in Korean AXA General

AXA, a French multinational insurance group, is keen to sell a 100% stake in its South Korean operation, AXA General Insurance Co., according to indus...

Korean telecom giant KT to issue $400 mn dollar bond in August

Korean telecom giant KT to issue $400 mn dollar bond in August

South Korea’s telecom giant KT Corp. plans to raise $400 million by issuing a dollar-denominated bond around the end of August, according to inv...

Why Korean online giants Kakao and Naver soar amid global pandemic

Why Korean online giants Kakao and Naver soar amid global pandemic

Shares of South Korean online giants Kakao Corp. and Naver Corp. recorded all-time highs last week, ahead of their quarterly earnings results and on e...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs