Lotte Chemical to double LPG use as petchem makers diversify feedstock

South Korean Lotte Chemical Corp. plans to double liquefied petroleum gas (LPG) use for ethylene production by next year as the domestic industry ru...

Leeno Industrial hits 52-week high, eyes top 10 on Kosdaq

The stock price of South Korea’s Kosdaq-listed electronic testing components maker Leeno Industrial Inc., previously a small company whose mar...

SK Siltron to ramp up wafer production from 2022

SK Group’s silicon wafer affiliate SK Siltron Co. is planning to expand wafer production facilities amid growing demand from the global chip m...

Krafton lowers IPO share price amid debate over high valuation

South Korean game developer Krafton Inc. has decided to lower its initial public offering share price amid criticism over its high valuation followe...

POBA CIO advises against traditional asset mix, definition

Rapid technological change that is blurring the lines between industries has altered the definition of asset classes, forcing investment managers to...

Impressivo to bridge fitness and healthcare industry via sensing technology

San Francisco-based startup Impressivo is seeking partnerships in the fitness and healthcare sector as the company aims to bridge the fitness and he...

Samsung Heavy Industries charters drillship to Italy’s Saipem

South Korea’s Samsung Heavy Industries Co. has signed a contract to lease a newbuild drillship to Italian oilfield services company Saipem S.p...

Krafton hiccup: Financial regulator concerned over high IPO share price

South Korean game developer Krafton Inc.'s road to an initial public offering is getting rocky with the country's financial regulator expressing con...

SK Chairman vows to achieve carbon neutrality ahead of 2050 UN target

SK Group has pledged to achieve carbon neutrality prior to 2050, the year set by the United Nations (UN) to reach net-zero carbon emissions globally...

The butterfly effect: How the W Concept takeover stirred up Korea's fashion industry

“Just give us three weeks. We’ll offer a price by then.”This conversation took place in early March. A senior executive from retai...

Kolon expands hydrocarbon resins production, becomes global No.2 maker

South Korea’s chemicals and industrial materials maker Kolon Industries Inc. have added another 15,000 tons of annual capacity in its hydrocar...

Korea Shipbuilding & Offshore wins $1 bn order to build 10 vessels

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 1.1 trillion won ($1 billion) deal to build 10 vessels, bringing its total ship c...

Kolon Industries to lead Kolon Group's remarkable comeback in 2021

Kolon Group is making a remarkable comeback this year to challenge its longtime rival Hyosung Group in future-growth segments including hydrogen. Ac...

PigUp targets MZ consumers with new meat culture

South Korea's island of Jeju is famous for its native citrus and pork. It's also where Shin Woo-sup, the founder of startup studio Futurera, came up...

Krafton mega IPO on horizon: Industry game-changer

Krafton Inc. is set to become the first South Korean decacorn startup, or a company valued at over $10 billion, to make a trading debut on the count...

Tennessee mayors oppose ITC’s anti-dumping duties on Hankook Tire

Politicians in the US state of Tennessee are urging the International Trade Commission (ITC) to avoid hurting the operations of Hankook Tire & T...

Hyundai Motor chief Chung wins top accolade at 2021 Autocar Awards

Chung Euisun, chairman of South Korea’s Hyundai Motor Group, has won the 2021 Autocar Awards' top accolade, the Issigonis Trophy, for his cont...

Korean telecom firms expand commercial use of quantum cryptography

The imminent advent of quantum computers is posing an online security risk. Quantum computers, unlike the binary computers in common use today, can ...

Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown

The tussle over the acquisition of eBay Korea is now down to two heavyweight contenders. South Korea’s retail titans Lotte Group and Shinsegae...

Chip shortage hits Korea’s COVID-19 diagnostic device manufacturers

The global chip shortage is impacting South Korea’s COVID-19 test device makers. They are paying up to 10 times the normal price of semiconduc...

CJ CGV receives $14.5 bn demand for perpetual convertible bond issues

South Korea’s leading multiplex cinema chain CJ CGV has received 16.2 trillion won ($14.5 billion) in investor demand for the perpetual conv...

Camera module supplier Partron eyes record sales, considers affiliate IPO

South Korea’s Partron Co., specialized in electronic parts for telecommunication devices, started as a mobile phone antenna maker in 2003 afte...

Inside Coupang: Close-knit, challenge-seeking, data-driven

Coupang Corp. has a unique corporate culture for a company headquartered in South Korea.  Industry insiders highlight that this uncommon cultur...

SM Entertainment emerges as next flashpoint for Kakao, Naver rivalry

As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...

Korea Shipbuilding & Offshore wins $308 million order to build 6 vessels

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 348 billion won ($308 million) deal to build six vessels, bringing its total sh...

STIC Ventures invests $2 mn in Vietnamese logistics startup EcoTruck

South Korea-based venture capital firm STIC Ventures has recently invested $2 million in a Vietnamese logistics startup EcoTruck, a move aimed at bo...

Heated shopping platform M&As shake up fashion industry

South Korea's fashion industry is all shook up following the No. 1 online fashion platform Musinsa's decision to acquire 29CM, the country’s s...

Samsung widens lead over rivals with industry’s first advanced DDR5

Samsung Electronics Co. has extended its lead in memory chips over its rivals by unveiling the industry’s first 512 gigabyte DDR5 module based...

COEX to run Vietnam’s No.2 convention center as MICE industry takes off

The Korea International Trade Association (KITA) and its exhibition operating unit, the Convention & Exhibition Center (COEX), will run Vietnam&...

SK Hynix produces mobile DRAM with industry’s largest capacity

SK Hynix Inc., South Korea’s second-largest chipmaker, has started mass production of 18 gigabyte (GB) mobile DRAM, which offers the industry&...