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...

Seed investors shy from investing in early stage startups amid pandemic

Early stage startups are almost always risky ventures, promising but unprofitable, and far from market-ready – often making it challenging to ...

NPS beefs up investments in growth PEFs in 2020

The National Pension Service boosted investments in private equity deals involving high-growth internet and software companies last year, while dive...

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...

Hyundai Heavy hires Korea Investment, 4 others as IPO managers

South Korean shipbuilder Hyundai Heavy Industries Co., which plans to list its shares on the local bourse this year, has mandated Korea Investment &...

Bain Capital to invest $360 mn in Korea’s top ERP developer

Bain Capital has agreed to invest around 400 billion won ($360 million) in South Korea’s leading enterprise resource planning (ERP) software d...

NPS begins process to venture into multi-asset investments

South Korea’s National Pension Service (NPS) has begun a process to initiate multi-asset investment as part of an effort to create higher retu...

Naver invests €115 mn in Spain’s virtual marketplace Wallapop

Naver Corp., South Korea’s top online portal, has invested €115 million in Wallapop, a Spanish virtual marketplace, as part of its effort...

NPS inks over $20 bn in overseas alternative investments via partnerships

The National Pension Service (NPS) signed new contracts worth around 23 trillion won ($20.1 billion) abroad in alternative investments last year, de...

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...

Carlyle seals $200 mn investment in Kakao Mobility

The Carlyle Group has agreed to buy $200 million worth of new shares in Kakao Mobility Corp. as a pre-IPO investment in the transportation arm of So...

NPS makes first investment in timberland via UK fund

The National Pension Service has committed $150 million to London-based Stafford Capital Partners in its first investment in timberland, land availa...

Korean PE firm to reap hefty returns from US bio investment

Medivate Partners, South Korea’s life science-focused private equity firm, is set to secure more than 2.5 times its investment of around 60 bi...

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 ...

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...

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...

LG Display to invest $750 million in Vietnam OLED module plant

LG Display Co., a major South Korean display panel maker, will invest $750 million in its display plant in Vietnam to meet rising demand from electr...

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...

Naver plans over $1 bn bond issue in H1 to finance platform investment

Naver Corp., South Korea’s top online portal, plans a bond issue worth as much as 1.26 trillion won ($1.13 billion) in local and ove...

Google to invest $270 mn in Kakao Mobility with Carlyle

Google Inc. is planning to invest around $270 million in Kakao Mobility Corp., the transportation arm of South Korea's No. 1 messaging operator Kaka...

SK, China’s Geely eye investment fund for hydrogen, eco-friendly business

South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...

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, ...

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...

Naver-invested startups line up for IPOs; market seems welcome

South Korean startups invested in by top online portal Naver Corp. are gearing up for debuts on the local bourse amid expectations of a welcome mark...