Booming AI industry boosts chip packaging equipment makers

Booming AI industry boosts chip packaging equipment makers

Global chip packaging equipment manufacturers are enjoying surging demand and skyrocketing share prices thanks to the rapid growth of the artificial...

SK puts shares in Goldman-backed Korea Superfreeze on market

SK puts shares in Goldman-backed Korea Superfreeze on market

SK Group has put its shares in Korea Superfreeze Inc., a cold chain logistics company jointly owned by EMP Belstar and Goldman Sachs, on the market,...

Lotte Home Shopping to enter health functional food market

Lotte Home Shopping to enter health functional food market

South Korea's Lotte Home Shopping announced on Monday that it plans to establish a joint venture, The Edition Health, with H.Pio, a specialized heal...

Dim outlook for Korean biotech firms’ rights offerings

Dim outlook for Korean biotech firms’ rights offerings

South Korea’s bio and tech-heavy Kosdaq-listed Shaperon Inc. raised 12.7 billion won ($9.2 million) from its latest rights offering, selling o...

France's Archimed seeks to delist aesthetic laser maker Jeisys

France's Archimed seeks to delist aesthetic laser maker Jeisys

French private equity firm Archimed SAS, managing around €7 billion ($7.5 billion) in assets as of end-May, plans to secure a controlling stake...

CJ Logistics shares logistics expertise with Saudi Arabian firm

CJ Logistics shares logistics expertise with Saudi Arabian firm

A delegation from Special Integrated Logistics Zone (SILZ), the operator of Saudi Arabia's integrated logistics hub, recently visited CJ Logistics' ...

KOTRA opens K-Tech Camp in Paris

KOTRA opens K-Tech Camp in Paris

The Korea Trade-Investment Promotion Agency (KOTRA) announced on Thursday that it established the Paris K-Tech Camp in Paris, France on May 23.KOTRA...

SK embarks on business overhaul to focus on mainstays

SK embarks on business overhaul to focus on mainstays

South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...

Korea’s Shinsegae building unit to raise $478 mn to cut debts

Korea’s Shinsegae building unit to raise $478 mn to cut debts

South Korean retail giant Shinsegae Group’s building unit, suffering amid difficulties in the local real estate project financing sector, is s...

HYBE offers to sell $62 mn SM Entertainment shares

HYBE offers to sell $62 mn SM Entertainment shares

HYBE Co., the company behind global sensations BTS and NewJeans, has offered to sell some of its shares in K-pop pioneer SM Entertainment Co. in a b...

Korea intensifies rules on CB conversion price adjustment

Korea intensifies rules on CB conversion price adjustment

South Korea will strengthen regulations on the conversion prices of convertible bonds (CBs) to protect stakeholders from excessive share dilution, t...

SK Hynix: More room for share price rise after bull run

SK Hynix: More room for share price rise after bull run

SK Hynix Inc.'s market value broke through the roof to top 150 trillion won ($110 billion) on Monday, becoming the second stock in South Korea to re...

Kolon Global inks Korea’s 1st private wind power supply deal

Kolon Global inks Korea’s 1st private wind power supply deal

Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...

Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy

Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy

Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls, is often referred to as the “black semiconductor” in South Kor...

Samsung, KEPCO to collaborate on power facility tech

Samsung, KEPCO to collaborate on power facility tech

Samsung Electronics Co. and Korea Electric Power Corp. (KEPCO) announced on Friday that they signed a memorandum of understanding (MOU) to cooperate...

Hyundai Infracore, Doosan Bobcat agree to product cross-selling in US

Hyundai Infracore, Doosan Bobcat agree to product cross-selling in US

South Korea’s two leading construction machinery makers HD Hyundai Infracore Co. and Doosan Bobcat Inc. on Thursday agreed to the cross-sellin...

Korea’s Mobase to build US plant as it wins $733 mn Hyundai deal

Korea’s Mobase to build US plant as it wins $733 mn Hyundai deal

SUWON, Gyeonggi Province -- Mobase Electronics Co., a South Korean automotive electronics parts maker, is planning to establish a plant in the US as...

Block deals of Korean stocks surge ahead of tighter regulation

Block deals of Korean stocks surge ahead of tighter regulation

Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...

Samsung hits highest US smartphone market share in 4 years

Samsung hits highest US smartphone market share in 4 years

Samsung Electronics Co. has achieved its highest market share in the US smartphone market in four years, thanks to its first AI phone the Galaxy S24...

Netmarble sells stake in BTS label HYBE for $161 mn

Netmarble sells stake in BTS label HYBE for $161 mn

South Korean game developer Netmarble Corp. is selling a stake in HYBE Co., the label behind global K-pop sensation BTS, for 219.9 billion won ($161...

SK Hynix to sell 50% stake in Wuxi foundry unit to Chinese firm

SK Hynix to sell 50% stake in Wuxi foundry unit to Chinese firm

SK Hynix Inc. will sell nearly a half stake in its foundry unit in China to a Chinese state-run enterprise for $349.3 million in a bid to expand its...

HD Hyundai Marine Solution stock price doubles on Kospi debut

HD Hyundai Marine Solution stock price doubles on Kospi debut

HD Hyundai Marine Solution Co.'s debut on the Kospi, South Korea's largest initial public offering in more than two years, saw a near-doubling of st...

Overhang concerns loom over HD Hyundai Marine IPO shares

Overhang concerns loom over HD Hyundai Marine IPO shares

Concerns are growing that South Korea’s main stock bourse could be inundated with a huge number of HD Hyundai Marine Solution Co. shares next ...

Hyundai to invest $923 million on self-driving JV Motional

Hyundai to invest $923 million on self-driving JV Motional

Hyundai Motor Group, the world’s third-largest automaker, is set to spend nearly $1 billion on Motional, its loss-making self-driving joint ve...

Korean battery maker SK On expects business turnaround in H2

Korean battery maker SK On expects business turnaround in H2

SK On Co., the battery unit of South Korea’s top energy company SK Innovation Co., said on Monday it expects a business turnaround in the seco...

MBK to delist Korean e-commerce Connectwave after tender offer

MBK to delist Korean e-commerce Connectwave after tender offer

MBK Partners, one of the largest Asian private equity firms, is set to delist South Korea’s leading e-commerce operator Connectwave Co. from t...

HD Hyundai Marine IPO sees strong demand from retail investors

HD Hyundai Marine IPO sees strong demand from retail investors

South Korea’s HD Hyundai Marine Solution Co. has attracted billions of dollars from retail investors in subscription deposits for the ship mai...

Krafton shares sink as SK Square taps 2.2% block trade

Krafton shares sink as SK Square taps 2.2% block trade

Shares of Krafton Inc., South Korea’s gaming behemoth, lost about 8% on Tuesday on news that SK Square Co., an investment arm of the country&r...

Korean banking group's Q1 profits drop on ELS sales

Korean banking group's Q1 profits drop on ELS sales

The combined net profit at South Korea’s four largest financial services firms, including KB Financial Group, are estimated to have dropped ne...

NPS loses $1.2 bn in local stocks in Q1 on weak battery shares

NPS loses $1.2 bn in local stocks in Q1 on weak battery shares

South Korea’s National Pension Service (NPS), the world's third-largest pension fund, lost 1.66 trillion won ($1.2 billion) in domestic stock ...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation