PEFs knocking on door of Korean IPO market for profitable divestment

PEFs knocking on door of Korean IPO market for profitable divestment

South Korean and overseas private equity firms are knocking on the door of the initial public offering market for profitable divestments, riding the...

Samsung to jump into laptop processor market with Exynos chip in H2

Samsung to jump into laptop processor market with Exynos chip in H2

With the global laptop computer market growing rapidly in the pandemic-caused work-and-learn from home era, Samsung Electronics Co. is working on a ...

Korean investors in renewed push for global property deals

Korean investors in renewed push for global property deals

South Korea's IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fa...

Samsung sharpens DRAM marketing prowess vs Micron

Samsung sharpens DRAM marketing prowess vs Micron

During Samsung Electronics Co.'s first-quarter conference call with analysts on Apr. 26, UBS analyst Nicolas Gaudois asked about the South Korean ch...

Freelancer market platform Kmong raises near $28mn in Series C round

Freelancer market platform Kmong raises near $28mn in Series C round

South-Korea based freelancer market platform Kmong Inc. has successfully attracted 31.2 billion won ($27.8 million) in its latest Series C funding, ...

Templeton to pull out of Korean retail fund market

Templeton to pull out of Korean retail fund market

Franklin Templeton Investments' South Korean arm is in talks with a domestic asset management company to sell its retail operations, following Black...

Dholic Commerce seeks unicorn status as trendsetter in Japan

Dholic Commerce seeks unicorn status as trendsetter in Japan

South Korea-based Dholic Commerce is an online retail platform that sells Korean fashion items and cosmetics to the Japanese market. The startup is ...

Korean-made small SUVs reach 50% share in US market

Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

Korean-made small SUVs reach 50% share in US market

Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

Samsung unveils mid-band 5G equipment to target $9.9 bn US market

Samsung unveils mid-band 5G equipment to target $9.9 bn US market

Samsung Electronics Co. has unveiled a range of fifth-generation wireless equipment solutions targeting the US mobile service market, expected to ac...

Narrower price gap to LCD underpins OLED TV market

Narrower price gap to LCD underpins OLED TV market

A rapid increase in liquid crystal display (LCD) panel prices has sharply narrowed the price gap between LCD panels and organic light-emitting diode...

Citibank Korea's retail arm sale may fuel M&A market

Citibank Korea's retail arm sale may fuel M&A market

Citigroup Inc.'s plan to exit from South Korea's retail banking market may invigorate the country's M&A market, with small-sized, non-banking fi...

Coupang to start first overseas operation in Singapore

Coupang to start first overseas operation in Singapore

South Korea’s e-commerce giant Coupang Corp. is moving forward with its global expansion plans by entering the Singapore market. The New York ...

Foreigners return to Korean market; Kosdaq at near 21-year high

Foreigners return to Korean market; Kosdaq at near 21-year high

Foreign investors, the dominant players on the Korean bourse, are returning as buyers of Samsung Electronics Co. and other blue chips, keeping the m...

Kakao Japan seeks $446 million from Anchor Equity

Kakao Japan seeks $446 million from Anchor Equity

Kakao Corp.’s Japanese unit, which operates Japan’s largest webtoon platform Piccoma, is in talks to attract as much as 500 billion won ...

NHN joins race for top spot in global webtoon market

NHN joins race for top spot in global webtoon market

South Korean content platforms' appetite for webtoons remains strong as major players such as Naver Corp. and Kakao Corp. further ramp up their webt...

BlackRock sheds $620 mn Korean retail fund business

BlackRock sheds $620 mn Korean retail fund business

BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...

Nexon invests $874 mn in Hasbro, Japan’s game giants

Nexon invests $874 mn in Hasbro, Japan’s game giants

South Korea’s Nexon Co. has disclosed investments in the global entertainment sector made last year, totaling $874 million or 58% of the amoun...

KIC opens San Francisco office to boost VC deals

KIC opens San Francisco office to boost VC deals

The Korea Investment Corporation (KIC) officially opened its San Francisco office on Mar. 26, as part of its efforts to improve deal sourcing and in...

Korean value stocks outshine growth names in flat market

Korean value stocks outshine growth names in flat market

Over the past three months, domestic value stock funds in South Korea saw net outflows of 921.4 billion won ($814 million), with the benchmark Kospi...

Market jitters grow over Korean battery shares after VW’s decision

Market jitters grow over Korean battery shares after VW’s decision

Market jitters over South Korea’s battery makers are growing after Volkswagen AG’s announcement on Monday that it will make batteries in...

Allganize eyes $26.5 bn enterprise search market

Allganize eyes $26.5 bn enterprise search market

“Companies that haven't adopted artificial intelligence may eventually cease to exist,” said Lee Chang-su, founder and chief executive o...

Market Kurly faces bumpy road to 2021 US listing

Market Kurly faces bumpy road to 2021 US listing

South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co.,...

Growing fandom of BTS, other K-pop idols revives album market

Growing fandom of BTS, other K-pop idols revives album market

In the South Korean music industry, the emergence of Soribada, the country’s first peer-to-peer file-sharing service, in 2000 heralded the beg...

SK Lubricants draws Japan's refiner Enoes, three PEFs

SK Lubricants draws Japan's refiner Enoes, three PEFs

Japan's biggest refiner Enoes Corp. is one of the four final bidders for a minority stake in South Korea's SK Lubricants Co., wholly owned by SK Inn...

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

South Korea's e-commerce giant Coupang Corp. had a successful trading debut in New York on Thursday as its shares soared by 41% in their first sessi...

POSCO CEO enters 2nd term with focus on eco-friendly markets

POSCO CEO enters 2nd term with focus on eco-friendly markets

South Korean steelmaker POSCO Co. will put its efforts into gaining dominance in new growth markets such as eco-friendly vehicles and steel bars use...

Coupang rival Market Kurly also eyes US IPO in 2021

Coupang rival Market Kurly also eyes US IPO in 2021

Following the successful IPO debut of South Korea’s e-commerce giant Coupang Corp., its smaller, premium local rival Market Kurly is also cons...

LG Electronics eyes growth potential in US auto parts market

LG Electronics eyes growth potential in US auto parts market

LG Electronics Inc. is aggressively expanding its automobile components business in the North American market – a move that is expected to hel...

S-Oil invests in fuel cell maker to enter hydrogen energy market

S-Oil invests in fuel cell maker to enter hydrogen energy market

South Korea-based oil refiner S-Oil Corp. is readying to expand its business into the hydrogen energy sector by investing around 8.2 billion won ($7...

South Korea’s ex-President Yoon re-arrested over martial law decree Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares