ICT-based financial innovation
Scope
Date
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Korean chipmakers
Amkor to top semiconductor packaging sector with better tech
Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...
May 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom develops quantum cryptography-based VPN
South Korea's SK Telecom Co. announced on Wednesday that has completed the development of quantum key distribution (QKD) technology-based virtual pr...
May 17, 2023 (Gmt+09:00)
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Corporate strategy
SK, Hana Financial groups to jointly develop credit rating model
South Korea’s SK Group and Hana Financial Group are jointly developing a next-generation credit rating model for the financially disadvantaged...
May 17, 2023 (Gmt+09:00)
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Banking & Finance
Mirae Asset Securities acquires European ETF market maker GHCO
Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...
May 16, 2023 (Gmt+09:00)
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Artificial intelligence
LG CNS’ AI-based marketing platform greatly boosts results
The trial application of South Korea's information and communications technology company LG CNS of artificial intelligence (AI) to marketing and adv...
May 16, 2023 (Gmt+09:00)
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Petrochemicals
SK Chemicals, Comex jointly develop eco-friendly food storage containers
South Korea's SK Chemicals announced on Monday the launch of "Eco Clear," an airtight container developed in collaboration with Comex Industrial Co....
May 15, 2023 (Gmt+09:00)
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Bio & Pharma
InBody to release big data-based health management solutions
South Korea's InBody Co., the global leader in analytic devices for body composition, is entering the health management solution field in 2023.Usi...
May 15, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT to open medical checkup center in Hanoi, Vietnam
South Korea's KT Corp. next year will launch a medical checkup center in Hanoi, Vietnam, under a strategy to advance its digital healthcare business...
May 15, 2023 (Gmt+09:00)
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Pre-IPOs
Doosan begins pre-IPO funding round for US fuel cell unit HyAxiom
Doosan Corp., the holding company of South Korean plant-to-machinery conglomerate Doosan Group, is slated to attract $200 million for its hydrogen f...
May 12, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung develops 128GB DRAM for data intensive applications
Samsung Electronics Co. said on Friday it has developed the industry’s first 128-gigabyte DRAM based on the compute express link (CXL) 2.0 mem...
May 12, 2023 (Gmt+09:00)
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Supply chain
Samsung SDS, Emro, US-based o9 Solutions to collaborate on SaaS
South Korea's Samsung SDS Co. announced on Thursday that it has entered into strategic partnerships with o9 Solutions, a leading supply chain platfo...
May 11, 2023 (Gmt+09:00)
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Banking & Finance
Mirae Asset Securities joins Singapore Exchange's trading membership
South Korea's Mirae Asset Securities has made history as the first Korean financial investment firm to join the Singapore Exchange's (SGX) trading...
May 10, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to launch 10 global innovation special zones by 2027
South Korean government plans to create ten global innovation special zones by 2027, implementing a negative regulation system for the first time in...
May 08, 2023 (Gmt+09:00)
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Private debt
Korean app market One Store to raise $151 mn for Kiwoom's exit
One Store Co., a South Korean homegrown app store, is slated to attract more than 200 billion won ($151.3 million) as its 100 billion won loan, whic...
May 08, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's Bertis releases two academic findings at AOHUPO conference
Bertis, South Korean company specializing in the development of proteomics-based precision medicine technology, announced on Monday that it presente...
May 08, 2023 (Gmt+09:00)
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ESG bonds
S.Korean green bonds draw strong demand amid ESG fever
South Korean green bonds eligible for government support enjoyed robust demand despite lower yields, as investors upgraded environmental, social, ...
May 08, 2023 (Gmt+09:00)
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The Deep Dive
Hyundai’s quantum leap: how it shines through in crisis
Hyundai Motor Co. and its affiliate Kia Corp. are slated to log a combined 150 million units of car sales this month. The carmakers of Hyundai Motor...
May 07, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics to overtake TSMC within 5 years: chip president
DAEJEON – Samsung Electronics Co. will be able to overtake bigger foundry rival Taiwan Semiconductor Manufacturing Co. (TSMC) at the leading e...
May 04, 2023 (Gmt+09:00)
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Earnings
SK Innovation’s battery sales at record high, production yield improved
SK Innovation Co. said on Thursday its battery affiliate SK On Co. posted record quarterly sales following a facility ramp-up in the US to meet risi...
May 04, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea’s Suprema wins order from Saudi Arabia's Neom city project
South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, on Wednesday said it won a large-scale project in Neom, a ...
May 04, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion applies for Phase 3 clinical trials in Europe for biosimilar
South Korea’s Celltrion Inc. is speeding up global clinical trials of its biosimilar of the multiple sclerosis (MS) treatment Ocrevus (active ...
May 03, 2023 (Gmt+09:00)
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Banking & Finance
Meritz emerges fast to take on South Korea’s big financial companies
Back in the early 2000s, Meritz was an obscure, lesser-known insurance-related company in South Korea’s financial arena.Part of Hanjin Group, ...
May 02, 2023 (Gmt+09:00)
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Private equity
KKR to buy Namsan Green Building in Seoul for $186.7 million
KKR & Co. Inc. has agreed to buy Namsan Green Building in a central office district in Seoul for an estimated 250 billion won ($186.7 million).T...
Apr 28, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis to lead mobility platform innovation: CEO Cho
Hyundai Mobis Co. will take another leap forward to become a mobility platform provider for future mobility technologies and bolster its new growth ...
Apr 28, 2023 (Gmt+09:00)
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Sovereign wealth funds
KIC mulls expanding assets in Asian emerging markets: CEO
NEW YORK – Sovereign wealth fund Korea Investment Corporation (KIC) is considering expanding alternative investments in Asian emerging markets...
Apr 28, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korea's Kakao Pay to buy 51% of US financial firm Siebert
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...
Apr 27, 2023 (Gmt+09:00)
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The KED View
In South Korea, innovation is subject to regulatory approval
In a country like South Korea with few natural resources to run its economy, innovations or brilliant business ideas are crucial to its survival.It ...
Apr 26, 2023 (Gmt+09:00)
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Energy
SK, KHNP partner with TerraPower for SMR development
SK Inc., SK Innovation Co. are partnering with Korea Hydro & Nuclear Power Co. (KHNP) and TerraPower, a US small modular reactor (SMR) des...
Apr 26, 2023 (Gmt+09:00)
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Bio & Pharma
Bionote, Covetrus sign distribution agreement diagnostic products for animals
BioNote, South Korean developer of diagnostic reagents for animals, announced on Tuesday that it has signed a supply contract with Covetrus, a US-ba...
Apr 25, 2023 (Gmt+09:00)
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Earnings
Korean auto parts makers’ earnings ride on electrification push
South Korea’s major automotive parts makers are expected to post decent growth in their first-quarter sales and earnings on the back of their ...
Apr 25, 2023 (Gmt+09:00)
Latest News
- 1 SK Hynix leads Samsung in customized HBM; lands Nvidia, Microsoft deals
- 2 South Korea unveils $14.6 billion 2nd extra budget to reinvigorate economy
- 3 Mirae Asset debuts AI-recommended ETF on NYSE to invest in US bonds
- 4 POSCO inducted into World Steel Dynamics’ Hall of Fame
- 5 Lockheed Martin, KAI to expand partnership to future defense, aerospace tech