Samsung SDI to develop cylindrical batteries for Tesla, other EV makers
Leading South Korean battery maker Samsung SDI Co. is ramping up facilities for cylindrical batteries to supply its products to Tesla Inc. and oth...
Lotte plans to expand bio capacity in Korea and US
Lotte Group is preparing to kickstart its biopharmaceutical business as a contract development and manufacturing company (CDMO) by building a new pl...
LG Display to raise $1 billion to ramp up OLED module line in Vietnam
LG Display Co., a major South Korean display panel maker, said on Wednesday it is raising $1 billion in new funding from global banks to expand its ...
Voice Caddie, Daol PE acquire US golf grip brand SuperStroke
Voice Caddie, a South Korean maker of golf course rangefinders and related golf products, and Daol Private Equity are jointly acquiring SuperStroke,...
LB Investment submits preliminary IPO assessment request to KRX
LB Investment has submitted a preliminary assessment request to the Korea Stock Exchange, the first step to an initial public offering. It chose Mir...
Renault confident of Korean sales recovery; looks to larger cars
When French carmaker Groupe Renault dropped Samsung from its South Korean unit's company name in March, it aroused worries that the firm may not be ...
LG Display to target 3 billion gamers with dedicated OLED
South Korea’s major display panel maker LG Display Co. aims to attract 3 billion gamers worldwide by fostering products dedicated to gaming as...
McDonald’s to sell Korea operation, heating up burger M&As
McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...
Korea's small webtoon platforms eye global adult markets
South Korea’s smaller webtoon platforms are targeting the world’s digital adult comics market, in which industry leaders Naver Corp. and...
Naver to enter smart building market with 5G, AI robots
South Korea’s online portal giant Naver Corp. is set to enter the local smart building market with its cloud-based 5G networks and artificia...
Kakao to focus on interest-based platform for global market
South Korea’s online platform giant Kakao Corp. plans to shift its focus to an interest-based platform from its existing acquaintance-based me...
Private markets embrace wider swath of economy: Partners Group CEO
Private equity is regarded as an alternative asset class while shares of listed companies are known as traditional assets. This classification may n...
F&B giant SPC Group acquires Lina’s to ramp up global expansion
South Korea’s food and beverage conglomerate SPC Group announced Tuesday it has acquired French casual coffee chain Lina’s Déve...
Hyundai revs up car output amid signs of easing auto chip crunch
As the global chip supply shortage shows signs of easing, South Korea’s top automaker Hyundai Motor Co. is working down its order backlog by...
Korean firms increase share in domestic office market
The International Finance Center in Seoul (IFC Seoul) drew interest from only six bidders at the end of last year, and Singapore-based ARA Korea was...
Costco enters dawn delivery service market in S.Korea
Costco Wholesale Corp, a big-box retail giant, has begun dawn delivery services in South Korea as e-commerce is becoming the norm in the nation's gr...
Hana Financial scores big with Son Heung-min sports marketing
South Korea’s national soccer team, led by captain Son Heung-min, lost to Brazil 1-5 in a pre-World Cup friendly on Thursday, much to 65,000 K...
SKC to sell plastic film business to Hahn & Co. for $1.3 billion
SKC Ltd., the chemical materials unit of South Korea’s SK Group, is selling its plastic film business to private equity firm Hahn & Co. fo...
Startups serving specific markets thrive: SaaS, fantech, veganism
Vertical service providers are dominating South Korea’s venture business ecosystem, in a study of the country’s early stage startups by ...
Why batteries were left out of Samsung's huge investment plan
Citigroup Global Markets on Monday slashed its target price for Samsung SDI Co., one of South Korea's top three battery makers, by almost half and d...
Hyundai, Kia speed up expansion in European EV market
Hyundai Motor Co. and Kia Corp., South Korea’s top two automakers, are expanding their presence in Europe, the world’s second-largest el...
Bull market rhymes
Bull market rhymes While I employ a great many adages and quotes in my writings, my main go-to list consists of a relatively small number. One ...
NongHyup to gain toehold in southwest Asia with India branch
NongHyup Bank, a major arm of South Korea's National Agricultural Cooperative Federation, got the nod from India last week to open its first branch ...
SK On to bolster US business with Ford's EV pickup truck sales
SK On Co., South Korea’s leading electric vehicle battery manufacturer, is expected to improve production capacity as its client Ford Motor Co...
POSCO, GM JV inks battery materials supply deal worth $16 bn
South Korea’s POSCO Chemical Co. and General Motors Co. on Friday agreed to set up a joint venture that will supply about 20 trillion won ($16...
Market Kurly's sales surge 49% on-year in Q1
South Korea’s Kurly Inc., the operator of grocery delivery platform Market Kurly, achieved 641.7 billion won ($511.6 million) in gross merch...
Samsung further expands global TV market share in Q1
Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...
Samsung SDI, Stellantis pick Indiana for US EV battery plant
Samsung SDI Co., the world’s sixth-largest battery maker, and Dutch-domiciled multinational automaker Stellantis N.V. picked the state of...
Alternative investment market at inflection point, says Suhyup CIO
Some major institutional investors in South Korea are set to increase alternative investments this year to hedge inflation and stabilize cash flows....
Hanwha Systems joins hands with Italy's Leonardo for radar exports
South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...
