Hanyang University Industry-Academia Collaboration Group
Scope
Date
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Real estate
Korea’s DL Group to sell hotels for $462 mn in further restructuring
DL Group, South Korea’s petrochemical-to-construction conglomerate is putting some hotels on the market to raise an estimated 650 billion won ...
Nov 12, 2024 (Gmt+09:00)
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Travel & Leisure
Paradise targets Taiwanese MICE market
Paradise Co., a South Korean casino operator, said on Tuesday it held the 2024 Paradise Taipei MICE (meetings, incentives, conferences, and exhibiti...
Nov 12, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean wins $51.2 mn deal for two LNG carriers
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured a new contract to build two LNG carriers, making it the domestic shipyard w...
Nov 11, 2024 (Gmt+09:00)
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Electronics
LG Display develops industry's most flexible display
LG Display Co., South Korea’s leading display maker under LG Electronics Inc., has developed the industry’s first display that can be st...
Nov 11, 2024 (Gmt+09:00)
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Artificial intelligence
GS Group, Notion to team up on AI capabilities
South Korea's GS Group signed a memorandum of understanding (MOU) with Notion, the US-based popular collaboration software company to enhance its ...
Nov 07, 2024 (Gmt+09:00)
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Korean food
S.Korea's BBQ enters world's most populous market, India
Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, is expanding its market to South Asia by entering India, the world&rs...
Nov 06, 2024 (Gmt+09:00)
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Corporate restructuring
Fila sportswear brand downsizes loss-making US business
South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in N...
Nov 06, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion releases Steqeyma in Europe
South Korea's Celltrion Inc. said on Monday it released Steqeyma (ustekinumab) in Europe, the biosimilar of autoimmune disease treatment Stelara.T...
Nov 05, 2024 (Gmt+09:00)
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Machinery
Daedong opens autonomous robot subsidiary Daedong Robotics
Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...
Nov 04, 2024 (Gmt+09:00)
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Aerospace & Defense
Perigee, Quantum Aero to cooperate on military UAV
South Korea's small space launch vehicle startup Perigee Aerospace Inc. said on Friday it signed a memorandum of understanding (MOU) with Quantum Ae...
Nov 01, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s SK Networks partners with Malaysia’s Sunway on AI
South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on future growth sectors su...
Oct 30, 2024 (Gmt+09:00)
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Executive reshuffles
Shinsegae Group splits E-Mart, department store with executive reshuffles
South Korea’s retail giant Shinsegae Group on Wednesday carried out one of its most drastic executive reshuffles, officially splitting the gro...
Oct 30, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Nexilis poised to sell thin film division to Affirma Capital
SK Nexilis Co., the world’s largest copper foil maker, is in the final stage of negotiations to sell its thin film manufacturing division to A...
Oct 30, 2024 (Gmt+09:00)
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Steel
Korea’s POSCO, India’s JSW team up to build steel plant in Odisha
South Korea’s POSCO Group joined hands with India’s JSW Group to set up an integrated steel plant in the South Asian country with an est...
Oct 29, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor aims high for online small EV sales in Japan
TOKYO – Hyundai Motor Co. will accelerate its penetration into Japan, a market it has been struggling to crack for decades, with small-size el...
Oct 29, 2024 (Gmt+09:00)
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Automobiles
Toyota, Hyundai agree to deepen ties in hydrogen, robotics
Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...
Oct 28, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc shares skyrocket after buybacks in tender offer
Shares in Korea Zinc Inc. soared on Thursday, a day after completing its buybacks, driven by institutional investors covering shorts on the stock an...
Oct 24, 2024 (Gmt+09:00)
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Korean chipmakers
Tesla in talks with SK Hynix for $725 mn eSSD order
Tesla Inc. is in talks with SK Hynix Inc. at the US electric vehicle giant’s request for a possible 1 trillion won ($725 million) order of ent...
Oct 24, 2024 (Gmt+09:00)
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Energy
Kia, KEPCO collaborate to build power ecosystem using PBV
South Korea's Kia Corp. and Korea Electric Power Corp. (KEPCO), the state-run utility company, said on Thursday that they signed a memorandum of und...
Oct 24, 2024 (Gmt+09:00)
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Automobiles
Kia reveals teaser images of The New Sportage
South Korea's Kia Corp. unveiled the teaser images and videos of The New Sportage, the facelift model of Kia's flagship compact sport utility vehicl...
Oct 24, 2024 (Gmt+09:00)
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Automobiles
Hyundai, SNU, POSTECH, KIST build joint robotics lab
Hyundai Motor Group said on Wednesday that it established a joint robotics research lab in collaboration with South Korea's top research institution...
Oct 23, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group wins Cars.com's 2025 Top Pick EV Awards
Hyundai Motor Group said on Wednesday Hyundai Motor Co. ‘s IONIQ electric vehicles (EVs) and Kia Corp. ‘s EV9 have each been awarded 202...
Oct 23, 2024 (Gmt+09:00)
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Asset management
Hana Financial’s Hana The Next: New financial services tailored for seniors
As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reac...
Oct 23, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Asset taps US for Korean defense ETF listing
Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeki...
Oct 22, 2024 (Gmt+09:00)
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Cloud computing
Samsung SDS, Ansys Korea to collaborate on cloud solutions
South Korea's Samsung SDS Co. said on Tuesday it signed a memorandum of understanding (MOU) with Ansys Korea to strengthen its cloud business.Ansys ...
Oct 22, 2024 (Gmt+09:00)
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ESG
Hyundai Motor Group six affiliates to strengthen carbon neutrality
Hyundai Motor Group said on Monday that six affiliates and Hyundai Engineering & Construction Co. signed a memorandum of understanding (MOU) for...
Oct 21, 2024 (Gmt+09:00)
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K-pop
Blackpink’s Rose releases new song in collaboration with Bruno Mars
Girl group Blackpink's Rose released her single “APT.” in collaboration with global pop star Bruno Mars on Friday, her agency The Black ...
Oct 18, 2024 (Gmt+09:00)
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Future mobility
Hyundai-owned Boston Dynamics, Toyota team up for humanoid robots
South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp., the world’s No. 3 and No. 1 automakers, respectively, are teaming ...
Oct 17, 2024 (Gmt+09:00)
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Banking & Finance
Hanwha Securities completes acquisition of Ciptadana in Indonesia
South Korea's Hanwha Investment & Securities said on Thursday that it completed the acquisition of Indonesia's Ciptadana Sekuritas.Ciptadana Sek...
Oct 17, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis to invest $257 mn in EV parts plants in Slovakia
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, agreed to invest some 350 billion won ($256.9 million) in building electric veh...
Oct 16, 2024 (Gmt+09:00)
Latest News
- 1 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 2 S.Korea eases path for foreign REITs in senior housing push
- 3 Koramco targets $7 bn bets on Korea data centers
- 4 Lotte Chemical, HD Hyundai seek big deal via merger of naphtha cracking facilities
- 5 South Korea accelerates stablecoin framework in global race