Devs United Games
Scope
Date
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Aerospace & Defense
KAI seals $700 mn FA-50 fighter jet export deal with the Philippines
Korea Aerospace Industries Ltd. (KAI) on Tuesday signed a $700 million contract to supply 12 FA-50 fighter jets to the Philippines, marking the larg...
Jun 04, 2025 (Gmt+09:00)
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Korean games
Netmarble set to spark subculture craze at Summer Game Fest
Netmarble Corp., South Korea’s leading game developer and publisher, is seeking to capitalize on the surging global demand for so-called subcu...
May 28, 2025 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics to spin off biosimilar unit Samsung Bioepis
Samsung Biologics Co., the world’s largest contract drugmaker, will undergo a strategic split to separate its contract development and manufac...
May 22, 2025 (Gmt+09:00)
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Electronics
LG Electronics poised to extend OLED TV market lead into 2025
LG Electronics Inc. is on track to retain its lead in the organic light-emitting diode (OLED) TV market for the 13th consecutive year, bolstered by ...
May 20, 2025 (Gmt+09:00)
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Banking & Finance
Samsung flexes financial muscle as insurance, card units top rankings
Samsung Group’s financial affiliates are closing in on KB Financial Group for the top spot in South Korea’s financial services sector, u...
May 16, 2025 (Gmt+09:00)
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Korean games
NCSOFT invests in US game startup emptyvessel
NCSOFT Corp. has made an equity investment in emptyvessel, a US indie games studio, as part of efforts to expand into the first-person shooter genre...
May 04, 2025 (Gmt+09:00)
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Woori Financial wins approval for Tongyang, ABL Life acquisition
Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has received conditional approval from the country&rsquo...
May 02, 2025 (Gmt+09:00)
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Mergers & Acquisitions
CJ CheilJedang scraps sale of Brazilian unit CJ Selecta to Bunge
CJ CheilJedang Corp., South Korea’s largest food company, has cancelled the sale of a 66% stake in Brazilian soybean crusher CJ Selecta S.A. a...
Apr 29, 2025 (Gmt+09:00)
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Earnings
Shinhan Financial’s overseas business blooms, on track for record earnings
Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...
Apr 28, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Kyobo Life poised to buy Japan’s SBI Group-owned savings bank
Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...
Apr 24, 2025 (Gmt+09:00)
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IPOs
LG Electronics eyes India IPO delay, says plan in flux
LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global ...
Apr 24, 2025 (Gmt+09:00)
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Korean games
WeMade accuses Shengqu Games of withholding $600 mn in royalties
WeMade Co. on Monday asked the South Korean government to intervene in its ongoing copyright dispute with China’s Shengqu Games, accusing the ...
Apr 21, 2025 (Gmt+09:00)
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Games
S.Korea’s Krafton to nurture 6 new game studios in India
Krafton Inc., the publisher of global mega-hit “PlayerUnknown’s Battlegrounds” (PUBG), has selected six new Indian game studios to...
Apr 21, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix bets on 3D HBM as next game-changer in AI chip race
SK Hynix Inc., the world’s top DRAM memory chipmaker, aims to redefine the competitive landscape in artificial intelligence memory chips with ...
Apr 18, 2025 (Gmt+09:00)
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Real estate
S.Korean gaming giant Netmarble eyes headquarters building sale
Netmarble Corp., a leading South Korean gaming company, is seeking to sell its headquarters building in Seoul, which could fetch up to 800 billion w...
Apr 18, 2025 (Gmt+09:00)
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Mergers & Acquisitions
SK Group in talks with Hahn & Co. to sell SK Siltron
SK Inc., the holding company of SK Group, is in talks with Hahn & Co., a South Korean buyout firm, to sell SK Siltron Co., the country’s s...
Apr 08, 2025 (Gmt+09:00)
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Entertainment
Kakao Entertainment sheds loss-making units, revives IPO prospects
Kakao Entertainment Corp. has been divesting unprofitable music labels and digital content platforms, which it has gobbled up over the past few year...
Apr 07, 2025 (Gmt+09:00)
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Korean games
Netmarble gets tailwind from new titles, BTS comeback
Netmarble Corp., a leading South Korean gaming company, expects to gain new growth momentum from the launch of nine new titles and the anticipated f...
Apr 02, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. acquires SK Specialty for $1.8 billion
Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading produc...
Apr 01, 2025 (Gmt+09:00)
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Korean games
Krafton buys India’s Nautilus Mobile, fueling IP race in Korean game scene
Krafton Inc., one of South Korea’s top four market-cap gaming firms, has taken over Indian game developer Nautilus Mobile for $14 million, upp...
Mar 30, 2025 (Gmt+09:00)
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Corporate strategy
LG Group units step up joint marketing for in-vehicle electronics
Chief executives of LG Group’s key units, including LG Electronics Inc., will visit the headquarters of global carmakers for a series of close...
Mar 18, 2025 (Gmt+09:00)
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Games
Krafton invests in 10 overseas game startups in 2024
Krafton Inc. invested in 10 overseas game developers in 2024 in search of the next big franchise intellectual property (IP) following its mega-hit t...
Mar 17, 2025 (Gmt+09:00)
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Korean games
Netmarble to launch new game 'RF Online Next'
Netmarble Corp., South Korea’s leading game developer, is slated to roll out “RF Online Next” on March 20, a revamp of the old tit...
Mar 10, 2025 (Gmt+09:00)
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Games
Chinese games expand foothold in South Korea
Chinese games are making deep inroads into South Korea, increasing their presence in the mobile gaming market amid a lack of restrictions on foreign...
Mar 07, 2025 (Gmt+09:00)
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Future mobility
Hyundai, Avride join hands to develop autonomous robotaxis
Hyundai Motor Co. has agreed to partner with Avride, an autonomous driving technology startup, to develop driverless robotaxis based on all-electric...
Mar 06, 2025 (Gmt+09:00)
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Energy
Hyosung to double transformer output to conquer US market
MEMPHIS, Tenn. -- South Korea’s major power system and machinery conglomerate Hyosung Heavy Industries Corp. plans to nearly double its annual...
Mar 03, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Gaming company NXC looks to unload stroller maker Stokke
NXC Corp., the holding company of South Korea’s Nexon Games Co., is looking to unload Stokke AS, a premium baby stroller brand, for around 700...
Mar 03, 2025 (Gmt+09:00)
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Mergers & Acquisitions
CHA Biotech seeks to resume healthcare unit IPO after affiliates’ merger
CHA Biotech Co., South Korea’s leading stem cell therapeutics developer, plans to resume an initial public offering of CHA Healthcare Co., a m...
Feb 26, 2025 (Gmt+09:00)
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Korean chipmakers
TSMC’s potential deal with Intel keeps Samsung on edge
South Korea’s semiconductor industry is closely watching developments in talks between TSMC and Intel Corp. over the world’s largest con...
Feb 18, 2025 (Gmt+09:00)
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Corporate restructuring
Lotte Chemical nears offloading Pakistani unit as part of restructuring
Lotte Group, South Korea’s sixth-largest conglomerate, is speeding up its business streamlining efforts amid mounting debts as it has moved on...
Feb 17, 2025 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet