Naver picks underwriters for first global bond sale

Naver Corp., South Koreans’ largest online portal, has picked Morgan Stanley and Mirae Asset Daewoo Securities Co. to underwrite its first glo...

Qualcomm chip shortage may squeeze global smartphone production

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

Hyundai Heavy, Aramco form global hydrogen partnership

South Korea’s Hyundai Heavy Industries Holdings Co. and Saudi Aramco have agreed to launch a hydrogen partnership in a step toward building a ...

Samsung launches QLED TVs, aims to retain global leadership for 16th year

Samsung Electronics Co., the world’s largest TV maker, has launched new flashy flagship TV models, with which the tech giant aims to retain it...

Graphene Square aims global with mass production of 'wonder material'

Graphene is often called a “wonder material” because of the extraordinary properties that come from its nano-scale structure. It is an e...

SK Group to sell stake in petrochemical arm; seeks global partnership

South Korea’s third-largest conglomerate SK Group is eyeing a joint venture with a global petrochemical firm as part of the group’s stra...

Korean insurers may write down $1.1 bn in global alternatives

South Korea’s 36 insurance companies have invested a combined 70 trillion won ($63 billion) in overseas alternative investments as of the end ...

GEPS earmarks $135 mn for first global infra investment

South Korea's Government Employees Pension Service (GEPS) is planning to commit a combined 150 billion won ($135 million) to three global infrastr...

S.Korean internet-only bank seeks to raise $540 mn; attracts global PE firms

South Korea’s internet-only bank, K bank, is seeking to raise up to 600 billion won ($540 million) through a rights offering, attracting glo...

Samsung creates big data center under direct CEO control

Samsung Electronics Co. has launched a Big Data Center in a move to improve the use of big data in the development, marketing and sales of smartphon...

Natural disasters further tighten global chip supply

A severe cold snap in the US has taken another heavy toll on the global semiconductor industry, already reeling from tight supply exacerbated by a s...

Korea’s EV battery trio controls half of global market ex-China

South Korea’s LG Energy Solution Ltd. and two other major domestic electric vehicle battery makers have grown significantly, controlling more ...

Korean game firms target global market with IP portfolio

The growth of South Korea's game industry this year is likely to be led by new titles created by cashing in on the intellectual property of popular ...

Global folding screen market to explode as Samsung set to supply to China

Samsung Display Co., a leading South Korean display panel maker, will supply foldable displays to select smartphone makers in China amid industry fo...

South Korea claims top spot in 2020 global shipbuilding orders

South Korean shipbuilders won the most shipbuilding orders worldwide in 2020, overtaking China and claiming the lead in the global shipbuilding indust...

Big Hit, Naver to join with Universal Music to take K-pop platform global

Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal Music Group, the wor...

JR AMC tipped to buy Amazon logistics center in Ohio

South Korea’s JR AMC Co. has been named the preferred buyer of Amazon’s last-mile logistics center in central Ohio, for which the Seoul-...

US data centers-backed REIT seeks $90 mn Korean IPO in 2021

A South Korean real estate investment trust (REIT), backed by data centers in North America, is preparing an initial public offering worth 100 billi...

Affiliates merge to become Kakao Entertainment; aim global

South Korea’s leading mobile app operator Kakao Corp.’s affiliates are set to merge to become a new entity, Kakao Entertainment, heraldi...

GM Korea to curb production as global chip shortages worsen

GM Korea Co., a subsidiary of US auto giant General Motors Co., is slashing production rates due to a component supply disruption, the latest sign t...

S.Korea's online fashion platform eyes global expansion

Online fashion platform Musinsa Co., a familiar name among Gen Zers and millennials in South Korea, is ready to go global. This month, the Korean co...

Hanwha Aerospace certified to verify Rolls-Royce aircraft engine parts

Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, has been certified to conduct the quality checks on aircraft engine parts it...

Kia to issue green notes as part of $500 mn global bonds for future mobility

Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise money for future mobility investments, including e...

Hyundai Glovis, Ulsan Port Authority to build logistics center in Ho Chi Minh City

South Korea’s Hyundai Glovis Co. and a local port authority will build a logistic center in Vietnam’s Ho Chi Minh City to use it as a di...

SK Hynix to issue $2.5 bn worth of global bonds; largest amount ever

SK Hynix Inc. is planning to issue $2.5 billion worth of global bonds, the largest amount to be raised in a bond issue by a South Korean company, dr...

NPS divides global securities division into equity, fixed income

The National Pension Service has divided up its global public market division into Global Equity and Global Fixed Income divisions as part of a plan...

SK Hynix CEO Lee Seok-hee: Star engineer, bookworm, soju connoisseur

When SK Hynix Inc. announced a $9 billion all-cash deal to acquire Intel Corp.’s NAND memory chip business in mid-October of last year, the ma...

Moderna deal shows Korea’s prowess as global hub for biopharma CMO

South Korea is emerging as a global hub for the contract manufacturing of biopharmaceuticals following its latest deal to procure COVID-19 vaccines ...

S.Korea maintains global lead in shipbuilding industry

Thanks to winning the most orders this year, South Korea’s shipbuilding industry has solidified its lead in the global shipbuilding market for...

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...