LG Energy completes LFP battery development for Tesla
South Korea’s LG Energy Solution Ltd., the world’s No. 2 battery producer, boosted its muscle to court industry leader China’s Con...
Samsung SDS takes smart logistics platform Cello Square to China
Samsung SDS Co., the information technology service unit of Samsung Group, is taking its smart logistics platform, Cello Square, to China to offer l...
LG Energy begins joint research on smart factory tech with elite institute
LG Energy Solution Ltd. and Pohang-based Research Institute of Industrial Science and Technology (RIST) announced Wednesday they will embark on join...
Rebellions to join pre-unicorn list via Series A Funding
Rebellions Inc., a South Korean AI-powered fabless startup, is in the final stage of the Series A Funding Round with 70 billion won ($54.9 million) ...
S.Korean CEOs chase M&A targets in same industry
Some 72% of South Korea's chief executives surveyed by consulting firm EY intend to carry out M&As within the next 12 months to increase their m...
SK E&S invests $110 million in world’s largest carbon capture project
SK E&S Co., the natural gas business unit of South Korea’s SK Group, is investing $110 million for a 10% stake in Summit Carbon Solutions ...
Samsung Elec. proposes global research for 6G frequencies
Samsung Electronics Co., South Korea’s tech behemoth, has put forward global research on 6G service frequencies as it aims to take the lead in...
Kakao CEO vows messenger app reform as Q1 misses forecasts
South Korea’s leading online platform operator Kakao Corp. plans to drastically change the way KakaoTalk, the country’s top mobile messe...
Lotte Duty Free to open downtown store in Sydney
South Korea's Lotte Duty Free Co. is slated to open a downtown store in Sydney on May 5, after Australia reopened its international borders to forei...
Nongshim eyes top spot in global instant noodle market
South Korea’s No. 1 noodle maker Nongshim Co. is aiming for top place in the world’s instant noodle market, looking to beat the current ...
Renewables emerge as LPs' top infrastructure sector
Key asset owners of South Korea will continue to expand their offshore infrastructure portfolios next year, and renewable energy is their top pick in ...
Naver Webtoon’s global users quadruple in 5 years on localization
Naver Webtoon Corp., the digital comics and novel platform of South Korea’s online portal giant Naver Corp., saw users nearly quadrupling in f...
Samsung Electronics shares rebound as foreigners turn net buyers
Shares of Samsung Electronics Co., the largest stock on South Korea’s main bourse, rose strongly on Friday, snapping a five-day losing streak,...
SK, BlackRock team to bet on EV charging station maker
SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...
NH Investment opens London affiliate to ramp up global IB business
NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house announced on April 27. ...
LG Energy to spend more on battery capacity expansion
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to spend more on global capacity expansion than init...
Foreign ownership of Korean shares hits lowest level since 2010
Foreign investors’ holding rate in South Korea’s main bourse Kospi has plunged to the lowest level since 2010. The investors have dispos...
73% of LPs to ramp up global warehouse investment
Key asset owners of South Korea are eyeing logistics centers and multifamily housing for real estate investing while planning to reduce exposure to ho...
LG Chem becomes 1st Korean long-term renewables buyer
LG Chem Ltd. has become the first South Korean company to buy renewable energy on a long-term basis as part of an effort to make a full switch to re...
Korea steelmakers see risks from carbon, supply issues
The South Korean steel industry’s top executives are anticipating a perfect storm amid the global push for carbon neutrality and supply chain ...
Korea Post to tap two GPs for global ESG bond ETFs
Korea Post, South Korea's state-run postal service agency, said on April 21 that its insurance arm will select a maximum of two asset managers for...
COVID test kit maker SD Biosensor buys Italian medical device firm
SD Biosensor Inc., South Korea’s top manufacturer of COVID-19 test kits, said on Friday that it has signed a deal to purchase a 100% stake i...
Kakao Games invests $15 mn in Playable Worlds for global expansion
Kakao Games Corp., a game publishing unit of Korea’s web service giant Kakao Corp., has invested $15 million in US game studio Playable Worlds...
KDB resumes global venture IR event in Singapore
South Korea’s state-run Korea Development Bank (KDB) said on Thursday that KDB NextRound, the bank’s venture investment platform, will h...
Cosmax strengthens eco-friendly marketing in Southeast Asia
Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, is strengthening its ma...
Korea’s Yoon govt to raise nuclear power to 34% of energy source
South Korea’s incoming government plans to extend the service life of eight more nuclear power plants than originally planned as President-ele...
Global pension funds veto more of Korean firms' agendas
Global pension funds are expanding their influence as key shareholders of major companies in South Korea. Some of the world’s largest pensio...
South Korean conglomerates race to establish CVCs
One after another, South Korea’s household name conglomerates are establishing corporate venture capital (CVC) firms under their holding compa...
LG Energy-led group to set up $9 bn Indonesia battery value chain
A consortium led by LG Energy Solution Ltd., the global No. 2 electric vehicle battery maker, will invest $9 billion in a battery value chain in Ind...
SK's biotech bets step closer to commercialization
Biotechnology startups in Europe, backed by South Korea's SK Inc., are speeding up their development of next-generation drug candidates by joining h...
