Korean startups raise record-high Series A funding in H1

South Korea's startup ecosystem has been booming with companies raising over 1 trillion won ($870 million) in the first half of this year -- an all-...

Chip supercycle view revives with DRAM, NAND prices at multi-year highs

The contract prices of memory chip prices are hovering around multi-year high levels, fanning the view that the global semiconductor market is enter...

Samsung works on industry’s first 200-layer NAND as its Q2 profit jumps

Samsung Electronics Co. has made significant progress in developing a 200-layer vertical or V-NAND flash memory –the industry’s first &n...

Hyundai Samho’s IPO faces hurdle on steel prices, baffling IMM PE

Back in the early 2010s, Hyundai Samho Heavy Industries Co. was a strong shipbuilder earning 800 billion won ($696 million) a year on sales of 4.8 t...

LG expands VC portfolio to industrial cyber security

LG Technology Ventures, a venture capital arm of South Korea's LG Group, has diversified its portfolio into the industrial cybersecurity market with...

CJ Bibigo challenges kimchi leadership in Korea

CJ Cheiljedang Corp. may overtake Daesang Corp.’s leadership in Korea’s packaged kimchi market for the first time in history. According ...

Hyundai Honorary Chairman Chung inducted into Automotive Hall of Fame

Hyundai Motor Group Honorary Chairman Chung Mong-koo was inducted into the Automotive Hall of Fame (AHF) on Thursday, acknowledging his work in deve...

Top industry talents launch AI chip startup; market takes note

South Korea-based artificial intelligence (AI) startup Rebellions Inc. is drawing industry attention as AI chips become mainstays of the semiconduct...

Korea’s auto parts makers post record revenues in 2020

South Korea’s auto components makers posted another year of strong sales in the global market last year, according to the Detroit-based Automo...

Lotte Chemical to double LPG use as petchem makers diversify feedstock

South Korean Lotte Chemical Corp. plans to double liquefied petroleum gas (LPG) use for ethylene production by next year as the domestic industry ru...

Leeno Industrial hits 52-week high, eyes top 10 on Kosdaq

The stock price of South Korea’s Kosdaq-listed electronic testing components maker Leeno Industrial Inc., previously a small company whose mar...

SK Siltron to ramp up wafer production from 2022

SK Group’s silicon wafer affiliate SK Siltron Co. is planning to expand wafer production facilities amid growing demand from the global chip m...

Krafton lowers IPO share price amid debate over high valuation

South Korean game developer Krafton Inc. has decided to lower its initial public offering share price amid criticism over its high valuation followe...

POBA CIO advises against traditional asset mix, definition

Rapid technological change that is blurring the lines between industries has altered the definition of asset classes, forcing investment managers to...

Impressivo to bridge fitness and healthcare industry via sensing technology

San Francisco-based startup Impressivo is seeking partnerships in the fitness and healthcare sector as the company aims to bridge the fitness and he...

Samsung Heavy Industries charters drillship to Italy’s Saipem

South Korea’s Samsung Heavy Industries Co. has signed a contract to lease a newbuild drillship to Italian oilfield services company Saipem S.p...

Krafton hiccup: Financial regulator concerned over high IPO share price

South Korean game developer Krafton Inc.'s road to an initial public offering is getting rocky with the country's financial regulator expressing con...

SK Chairman vows to achieve carbon neutrality ahead of 2050 UN target

SK Group has pledged to achieve carbon neutrality prior to 2050, the year set by the United Nations (UN) to reach net-zero carbon emissions globally...

The butterfly effect: How the W Concept takeover stirred up Korea's fashion industry

“Just give us three weeks. We’ll offer a price by then.”This conversation took place in early March. A senior executive from retai...

Kolon expands hydrocarbon resins production, becomes global No.2 maker

South Korea’s chemicals and industrial materials maker Kolon Industries Inc. have added another 15,000 tons of annual capacity in its hydrocar...

Korea Shipbuilding & Offshore wins $1 bn order to build 10 vessels

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 1.1 trillion won ($1 billion) deal to build 10 vessels, bringing its total ship c...

Kolon Industries to lead Kolon Group's remarkable comeback in 2021

Kolon Group is making a remarkable comeback this year to challenge its longtime rival Hyosung Group in future-growth segments including hydrogen. Ac...

PigUp targets MZ consumers with new meat culture

South Korea's island of Jeju is famous for its native citrus and pork. It's also where Shin Woo-sup, the founder of startup studio Futurera, came up...

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...

Tennessee mayors oppose ITC’s anti-dumping duties on Hankook Tire

Politicians in the US state of Tennessee are urging the International Trade Commission (ITC) to avoid hurting the operations of Hankook Tire & T...

Hyundai Motor chief Chung wins top accolade at 2021 Autocar Awards

Chung Euisun, chairman of South Korea’s Hyundai Motor Group, has won the 2021 Autocar Awards' top accolade, the Issigonis Trophy, for his cont...

Korean telecom firms expand commercial use of quantum cryptography

The imminent advent of quantum computers is posing an online security risk. Quantum computers, unlike the binary computers in common use today, can ...

Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown

The tussle over the acquisition of eBay Korea is now down to two heavyweight contenders. South Korea’s retail titans Lotte Group and Shinsegae...

Chip shortage hits Korea’s COVID-19 diagnostic device manufacturers

The global chip shortage is impacting South Korea’s COVID-19 test device makers. They are paying up to 10 times the normal price of semiconduc...

CJ CGV receives $14.5 bn demand for perpetual convertible bond issues

South Korea’s leading multiplex cinema chain CJ CGV has received 16.2 trillion won ($14.5 billion) in investor demand for the perpetual conv...