The North Face supplier Youngone to bet on global outdoor startups

The North Face supplier Youngone to bet on global outdoor startups

South Korea’s Youngone Holdings Co. is set to accelerate its new business by establishing a corporate venture capital (CVC) firm in Singapor...

Hyundai Elevator aims to more than double sales by 2030

Hyundai Elevator aims to more than double sales by 2030

CHUNGJU, North Chungcheong Province -- Hyundai Elevator Co., South Korea’s top elevator maker, aims to more than double its sales in the next ...

Korea's top refiners likely to see strong 2022 despite tax concerns

Korea's top refiners likely to see strong 2022 despite tax concerns

South Korea's oil refining margin, a key indicator of refiners' profitability, dropped below $20 over the past month amid global recession fears. Ho...

CJ’s TVing, KT’s Seezn set for merger to challenge OTT leader Netflix

CJ’s TVing, KT’s Seezn set for merger to challenge OTT leader Netflix

South Korean entertainment powerhouse CJ ENM Co.'s over-the-top streaming platform TVing is set to merge with its local rival Seezn, run by tel...

Disney+ to run two BTS shows in HYBE's 1st global content collaboration

Disney+ to run two BTS shows in HYBE's 1st global content collaboration

HYBE Co., the K-pop label best known for BTS, signed an agreement with Walt Disney Company in its first collaboration with an international content ...

Samsung Elec. showcases virtual playground on Roblox

Samsung Elec. showcases virtual playground on Roblox

Samsung Electronics Co. unveiled a virtual playground within Roblox, the world’s top metaverse game platform with 54 million users a day, as t...

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink, the female K-pop idol group, will hold an in-game concert, the first such event by Korean pop artists, in collaboration with Krafton Inc....

Adtech unicorn Moloco eyes global expansion with former Disney exec

Adtech unicorn Moloco eyes global expansion with former Disney exec

Moloco Inc., an AI-powered advertising solutions startup, is set to accelerate its global business with a new executive hire from The Walt Disney Co...

Celltrion, Samsung Biologics eye record-high annual sales

Celltrion, Samsung Biologics eye record-high annual sales

South Korea’s two major biopharmaceutical companies, Celltrion Inc. and Samsung Biologics Co., are respectively expecting more than 2 trillion...

SD Biosensor, SJL Partners to acquire Meridian Bioscience for $1.53 bn

SD Biosensor, SJL Partners to acquire Meridian Bioscience for $1.53 bn

SD Biosensor Inc., the world's largest COVID-19 test kit seller, and private equity firm SJL Partners LLC are jointly acquiring Meridian Bioscience ...

CJ CheilJedang to rev up Korean food sales in Europe

CJ CheilJedang to rev up Korean food sales in Europe

South Korean food giant CJ CheilJedang Corp. is set to accelerate the expansion of its Korean food business in Europe. It aims to increase annual fo...

Precision to supply to Antech for US vet diagnostics market entry

Precision to supply to Antech for US vet diagnostics market entry

A number of veterinary diagnostics companies are struggling to differentiate themselves in the global market. According to Grand View Research Inc.,...

Infotainment, telematics define LG’s new future with $6.2 billion in orders

Infotainment, telematics define LG’s new future with $6.2 billion in orders

When LG Electronics Inc. surprised the market last year by announcing that it was exiting the mobile phone business, one of its mainstay businesses,...

Naver’s web browser Whale challenges global rivals

Naver’s web browser Whale challenges global rivals

South Korea’s homegrown web browser Whale, developed by Naver Corp., is quietly increasing its presence in the domestic market, where Google C...

SK E&S to launch London office in view of growth opportunities in Europe

SK E&S to launch London office in view of growth opportunities in Europe

SK E&S Co., the natural gas business unit of South Korea’s SK Group, is preparing to open a business office in London as it sees growth op...

Korea sees record H1 trade deficit, weak consumer sentiment

Korea sees record H1 trade deficit, weak consumer sentiment

South Korea suffered the largest trade deficit for the first half of a year on surging energy prices and slowing exports, while consumer sentiment i...

Lotte Chemical, Bain Capital among bidders for Korea’s Iljin Materials

Lotte Chemical, Bain Capital among bidders for Korea’s Iljin Materials

The much-touted sale of a controlling stake in Iljin Materials Co., a leading South Korean battery materials maker, is flagging as big spenders are ...

Online lender K Bank revs up for IPO in Nov on surging net profit

Online lender K Bank revs up for IPO in Nov on surging net profit

K Bank submitted a preliminary assessment request to the Korea Stock Exchange on Thursday, the first step to an initial public offering. The on...

SK Telecom gears up for global launch of metaverse platform

SK Telecom gears up for global launch of metaverse platform

South Korea’s top mobile carrier SK Telecom Co. took steps to launch its metaverse platform in other countries as it aims to seek a future gro...

LG Elec.-SM Ent. tie up to challenge Apple Fitness+

LG Elec.-SM Ent. tie up to challenge Apple Fitness+

LG Electronics Inc. and SM Entertainment Co., South Korea’s giants in the home appliances and entertainment sectors, joined hands in the home ...

Samsung's 3 nm chip narrows microchip gap with TSMC

Samsung's 3 nm chip narrows microchip gap with TSMC

Samsung Electronics Co. has kicked off mass production of 3-nanometer chips based on the industry’s smallest process node as a global first, a...

Korea’s Socar gets pushback for high valuation ahead of IPO

Korea’s Socar gets pushback for high valuation ahead of IPO

South Korea’s mobility unicorn Socar Inc. faces controversy over its valuation after the car-sharing startup set the price guidance for its in...

Meta, Seoul National University jointly set up XR research center

Meta, Seoul National University jointly set up XR research center

Meta Platforms Inc., formerly known as Facebook, and Seoul National University (SNU) jointly launched an extended reality (XR) research center in So...

Korean startups rely on word-of-mouth marketing for overseas penetration 

Korean startups rely on word-of-mouth marketing for overseas penetration 

Thanks to what some economists dub a borderless economy, more South Korean startups than ever before are looking beyond the peninsula. Seoul-ba...

Hyundai showcases IONIQ 6, electrified streamliner

Hyundai showcases IONIQ 6, electrified streamliner

Hyundai Motor Co. on Wednesday unveiled the design of the IONIQ 6, its first all-electric sedan on an exclusive EV platform, with which South Korea&...

Moon boats light up the birthplace of Korean Confucianism

Moon boats light up the birthplace of Korean Confucianism

Riding a crescent moon-shaped boat that changes colors is a must-do experience in the small South Korean city of Andong, 190 km southeast of Seoul.T...

Hyundai Mobis sees global carmakers’ orders up 50%

Hyundai Mobis sees global carmakers’ orders up 50%

Hyundai Mobis Co., South Korea’s largest auto parts producer, expected orders from global carmakers excluding Hyundai Motor Group affiliates t...

K-beauty sales see sharp drop at China's major shopping event

K-beauty sales see sharp drop at China's major shopping event

South Korean cosmetics giants failed to win over Chinese consumers at the 618 Shopping Festival, one of the largest online annual shopping events in...

Carve-out, bolt-on key themes driving M&As: BDA Partners

Carve-out, bolt-on key themes driving M&As: BDA Partners

Amid escalating market uncertainties, M&As are not just a growth tactic but survival tools for businesses, Euan Rellie, co-founder and managing ...

[ASK 2022]  Tailored strategies outperform in European credit market: Arrow Global

[ASK 2022]  Tailored strategies outperform in European credit market: Arrow Global

 As a leading European private credit asset manager, Arrow Global operates its own servicing platforms that most accurately fit E...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs