Huawei Cloud Startup Ignite Competition 2023
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Korean eyewear startup to again design China's top dept store hall
South Korean eyewear brand Gentle Monster is slated to design the luxury hall space of the Chengdu branch of SKP, China’s top department sto...
Nov 01, 2021 (Gmt+09:00)
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Batteries
SKC to invest $33 mn in British battery materials startup Nexeon
South Korea’s SKC Co. is set to invest $33 million in Nexeon Ltd., a British battery materials maker, for the silicon anode materials business...
Nov 01, 2021 (Gmt+09:00)
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Future Mobility
Korea autonomous driving startup 42dot valued at $434 mn
South Korea’s autonomous driving startup 42dot drew strong interest from investors with its advanced artificial intelligence technology. Strat...
Nov 01, 2021 (Gmt+09:00)
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Batteries
Hyundai, Kia invest in US solid-state battery startup Factorial
Hyundai Motor Co. and Kia Corp. invested in US solid-state battery startup Factorial Energy in a move to secure various technologies for the next-ge...
Oct 29, 2021 (Gmt+09:00)
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Korean chipmakers
Uncertainty clouds Samsung as paradigm shifts toward profitability
Samsung Electronics Co.’s third-quarter earnings report on Thursday was almost perfect but for one thing. The world’s top memory maker s...
Oct 28, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Naver, Mirae Asset ramp up investment in India’s promising startups
South Korea’s top online platform operator Naver Corp. and brokerage giant Mirae Asset Securities Co. are aggressively investing in promi...
Oct 28, 2021 (Gmt+09:00)
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AgTech
AgTech attracts global billionaires’ investment
Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos and Softbank Group founder Masayoshi Son have recently shown a common interest in a surpr...
Oct 25, 2021 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops wheels that turn 90 degrees
Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has developed technology to allow wheels to turn by 90 degrees, aiding in sharper vehi...
Oct 25, 2021 (Gmt+09:00)
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K-pop copyright trading platform Musicow prepares for IPO
Musicow Inc., South Korea's first music copyright trading platform, has embarked on the process to go public on the back of its eye-catching growth ...
Oct 21, 2021 (Gmt+09:00)
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Entertainment
Netflix reports jump in users, calls Squid Game its most popular show ever
Netflix Inc. added 4.4 million memberships in the third quarter, more than the company had forecast, as viewers flocked to the streaming platform wi...
Oct 20, 2021 (Gmt+09:00)
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IPOs
Korea’s Simone to spend up to 40% of net profit for dividends
South Korean Simone Acc. Collection Ltd., the world’s No. 1 handbag maker, plans to spend 30-40% of net profit for dividends after a listing n...
Oct 19, 2021 (Gmt+09:00)
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Entertainment
Korean OTT platform TVing to go abroad with Naver's LINE
South Korea's over-the-top (OTT) streaming platform TVing Co. will make its inroads into Japan and Taiwan next year and into the US in 2023, tapping...
Oct 19, 2021 (Gmt+09:00)
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Entertainment
DearU: A K-pop fan engagement platform success story
No company would know better than DearU Inc. that powerful fandom can turn into fast money.The South Korean startup that started as a software devel...
Oct 18, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Naver's metaverse platform seeks over $40 mn in funding
Naver Z Corp., the operator of South Korea's metaverse platform Zepeto, is in the early stages of talks with investors to raise more than 50 billion...
Oct 13, 2021 (Gmt+09:00)
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Mobile networks
Huawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?
Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...
Oct 13, 2021 (Gmt+09:00)
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Mergers & Acquisitions
KKR named as preferred buyer of SK E&S' $2 bn new shares
KKR & Co. has secured the exclusive negotiating rights to buy SK E&S Co.'s new preferred shares worth 2.4 trillion won ($2 billion), which t...
Oct 12, 2021 (Gmt+09:00)
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Chemical Industry
Hanwha to raise $503 mn to expand China PVC production
South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...
Oct 08, 2021 (Gmt+09:00)
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Autodesk CEO
Digital transformation, a matter of life and death: Autodesk CEO
SILICON VALLEY – One of the things that have drastically changed the business environment in the pandemic era is the prevalence of companies t...
Oct 07, 2021 (Gmt+09:00)
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Korean startups
Portrai to revolutionize biopsy quality through AI technology
Biopsy is one of the most used methods to examine a person’s illness, taking a tissue sample of a patient for analysis. Usually, the samples a...
Oct 06, 2021 (Gmt+09:00)
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Corporate investment
Samsung's cash reserves dwindle on increased R&D, other investments
Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the ...
Oct 04, 2021 (Gmt+09:00)
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Batteries
SK Innovation officially launches battery, E&P split-offs
South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...
Oct 01, 2021 (Gmt+09:00)
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Blockchain
Korea’s NFTBank to launch NFT funds this year
The global market of non-fungible tokens (NFTs), blockchain-based tokens, which each represent a unique asset such as a piece of art, digital conten...
Sep 30, 2021 (Gmt+09:00)
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Batteries
SKC to form JV with British Nexeon for silicon anode business
South Korea’s SKC Co. plans to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode materials market....
Sep 29, 2021 (Gmt+09:00)
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Korean startups
Capstone Partners: Korea's 'guardian angel' for early-stage startups
In 2018, a South Korean food startup GoPizza Co. was on the brink of shutting down. Lim Jae-won, GoPizza's founder, had launched the business with a...
Sep 28, 2021 (Gmt+09:00)
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Korean startups
Korea property startup Kasa to launch exchange in Singapore
Kasa Korea Co., a property investment platform, is set to expand its services to help global users invest in real estate in the world by obtaining l...
Sep 28, 2021 (Gmt+09:00)
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Korean startups
Korean startup FuriosaAI's Warboy overtakes Nvidia
South Korea-based artificial intelligence semiconductor startup FuriosaAI Inc.'s silicon chip has delivered higher performance than the US-based chi...
Sep 23, 2021 (Gmt+09:00)
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Exclusive
Cosmetics startup Birdview readies for 2022 listing
South Korea-based Birdview, the operator of leading cosmetics platform Hwahae, is aiming to make a trading debut as early as the first half of nex...
Sep 23, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix-led $101 bn Korean chip project delayed again
SK Hynix Inc.’s $101 billion project to build a semiconductor complex in South Korea was delayed again, stoking concerns that the world’...
Sep 22, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Korean startup closer to winning Touch ID patent dispute with Apple
South Korea's Firstface Co. has inched a step closer to winning its patent dispute against Apple Inc., after a US federal appeals court ruled in fav...
Sep 17, 2021 (Gmt+09:00)
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Cloud providers
Naver Cloud looks to join AWS, Microsoft as Asia's top cloud service provider
South Korea-based Naver Cloud Corp. is determined to become one of the key cloud service providers in Japan and Southeast Asian markets, following o...
Sep 16, 2021 (Gmt+09:00)
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Latest News
- 1 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul