EV charger operator Chaevi files for preliminary Kosdaq IPO review

Chaevi Co., South Korea’s top operator of electric vehicle rapid charging infrastructure, said on Tuesday it has filed a preliminary applicati...

Samsung to buy US health tech firm Xealth in digital health push

Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...

Hong Kong-based CLSA to invest $36.6 mn in K-Beauty pioneer Jungsaemmool Beauty

Hong Kong-based private equity firm CLSA Capital Partners Ltd. has been picked as a preferred bidder to invest 50 billion won ($36.6 million) in Jun...

Hong Kong-based Anchor Equity puts Korea's Danbi Education up for sale

Anchor Equity Partners, a Hong Kong-based private equity firm, is putting its majority stake in South Korea’s top children’s smart educa...

Shinhan expands global IR push to woo foreign investors

Shinhan Financial Group Co. is stepping up efforts to attract foreign investors with back-to-back global investor relations (IR) campaigns, as South...

Hong Kong to list world’s 1st Samsung single-stock leveraged ETF

A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, whic...

South Korea asks US for tailored approach to chip tariffs

South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...

Doosan enters race to acquire SK Siltron in strategic semiconductor push

South Korea’s Doosan Group has entered the bidding war for SK Siltron Co., the world’s third-largest manufacturer of semiconductor wafer...

Magnachip to sell display business in H1 to focus on power semiconductors

South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the end of the first half as part of a strategic shift to...

LG Electronics hits record sales in India, paving way for 2025 IPO

LG Electronics Inc. posted its largest-ever sales in India in 2024, providing a boost to the planned initial public offering of its Indian unit this...

Hanmi Semiconductor to retire $90 mn treasury shares in May

Hanmi Semiconductor Co. on Thursday announced a plan to retire 130.0 billion won ($90 million) worth of treasury shares in May, marking its largest-...

SK Ecoplant seeks to sell waste treatment business for $1.4 billion

SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, is seeking to dispose of its waste treatment b...

Hanmi Semiconductor to build new TC Bonder plant in Incheon

Hanmi Semiconductor Co., South Korea’s leading chip packaging equipment manufacturer, held a ground-breaking ceremony for its seventh plant of...

Seoul Semiconductor wins patent lawsuit vs Signify

Seoul Semiconductor Co., the world’s No. 3 light emitting diode (LED) display maker, said on Thursday it has won a patent litigation case agai...

Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn

South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...

Hong Kong-based PEF Affinity Equity to acquire control of Lotte Rental

Affinity Equity Partners, a Hong Kong-based investment firm, will acquire a controlling stake in South Korea’s No. 1 car rental and leasing co...

Korean pension funds buy a net $1.2 bn in Kospi stocks in November

South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their largest net purchases o...

First Korean American US Senator vows to cement Seoul-Washington ties

NEW YORK – Democratic US Representative Andy Kim, the first Korean American elected to the US Senate, has pledged to strengthen the relationsh...

Heavy inheritance, gift taxes spur rich Koreans to emigrate to Singapore

A South Korean co-CEO of a blockchain investment firm with hundreds of millions of dollars in assets moved to Singapore last year to avoid the North...

SK Ecoplant establishes integrated chip service division

SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, said on Thursday it reorganized its business s...

S.Korean defense firms stand to gain if Harris wins Nov. election

Defense companies will stand to gain the most among South Korean companies if US Vice President Kamala Harris wins the US presidential election next...

Samsung's Lee inspects MLCC plant in Philippines as it eyes turnaround

Samsung Group Chairman Jay Y. Lee on Sunday inspected Samsung Electro-Mechanics Co.’s production facilities for multilayer ceramic capacitors ...

Seoul Semiconductor wins no-wire LED patent case in Europe

South Korea’s Seoul Semiconductor Co. said on Wednesday it won a patent dispute against Taiwan's Everlight Electronics Co. after the European ...

LG Innotek develops AI for raw material inspection

LG Innotek, a leading South Korean electronics parts maker, said on Wednesday it developed an artificial intelligence (AI) system that can filter ou...

Samsung SDI relinquishes polarizer film unit for $834 mn

Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business t...

Samsung, SK Hynix up the ante on HBM to enjoy AI memory boom

TAIPEI – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are racing to supply their advanced DRAM ...

Seoul Semiconductor overtakes Japan’s Nichia as top backlight LED maker

South Korea’s Seoul Semiconductor Co. has overtaken Japan’s Nichia Corp. as the world’s top backlight light-emitting diode (LED) d...

Samsung’s new chip leader calls for restoring competitiveness  

It is urgent to restore Samsung Electronics Co.'s competitiveness in the semiconductor business, the chip division’s new head said in his firs...

Sapien Semiconductors looks to overtake Novatek in MicroLED DDI chips

South Korea’s Sapien Semiconductors Inc. is a lesser-known startup outside of the chip industry. However, it is a little giant in the fabless ...

Lotte Tour to operate cruise to Hong Kong

South Korea's Lotte Tour Development Co. announced on Tuesday that it signed a charter agreement with global cruise line Costa Cruises to operate a ...