Oasys aims to be blockchain gateway for S.Korean game developers

Oasys aims to be blockchain gateway for S.Korean game developers

Singapore-based Oasys has an ambitious goal to revolutionize the gaming industry by making blockchain games cheaper to develop and faster to play &n...

Korea Zinc to invest $7.5 billion in green hydrogen, battery materials

Korea Zinc to invest $7.5 billion in green hydrogen, battery materials

Korea Zinc Co., the world’s largest lead and zinc smelter, plans to spend 9.74 trillion won ($7.5 billion) in renewable energy, green hydrogen...

Mobility platform Socar slashes price to push ahead with IPO

Mobility platform Socar slashes price to push ahead with IPO

South Korea’s first mobility unicorn Socar Inc. has cut its IPO price by 18% to push ahead with its stock market debut, according to industry ...

Harim seeks Genofocus purchase to enter biotechnology business

Harim seeks Genofocus purchase to enter biotechnology business

Harim Co., South Korea’s top poultry processing company, is seeking to acquire Genofocus Inc., a Kosdaq-listed industrial and pharmaceutical e...

Investor sentiment on Korean IPOs remains chilly in H2

Investor sentiment on Korean IPOs remains chilly in H2

Investors are staying away from South Korea’s initial public offering markets as sentiment remains sour on global interest rate hikes, the sus...

South Korean firms bullish on hiring developers from India, SE Asia 

South Korean firms bullish on hiring developers from India, SE Asia 

Travel startup Storicity Inc. tried for a year to find a developer in South Korea – to no avail.But when it expanded its search abroad through...

K-bio firms embrace gene therapy CDMO as Samsung looks the other way

K-bio firms embrace gene therapy CDMO as Samsung looks the other way

South Korea’s major biopharmaceutical companies are rapidly embracing the cell and gene therapy business under a contract drug-making mechanis...

Broadcom applies for consent order on unfair deals with Samsung

Broadcom applies for consent order on unfair deals with Samsung

US chipmaker Broadcom Inc. applied for a consent order to the Korea Fair Trade Commission (KFT) in July against allegations that it forced Samsung E...

Hyundai Mobis steps up future mobility business

Hyundai Mobis steps up future mobility business

Hyundai Mobis Co., South Korea’s largest auto parts maker, is accelerating its future mobility businesses as well as intensifying open innovat...

Six major Korean firms tie up with Petronas for carbon biz

Six major Korean firms tie up with Petronas for carbon biz

South Korea’s six biggest companies joined hands with Malaysia’s state energy firm Petroliam Nasional Berhad (Petronas) for the carbon c...

Hyundai Motor Co. to ship 27 hydrogen Xcient trucks to 7 firms in Germany

Hyundai Motor Co. to ship 27 hydrogen Xcient trucks to 7 firms in Germany

Hyundai Motor Co. is poised to ship 27 of its Xcient Fuel Cell hydrogen trucks to seven German companies by the year’s end, following a simila...

APR Corp. generates $199 mn in revenue with advanced tech, branding

APR Corp. generates $199 mn in revenue with advanced tech, branding

APR Corp. is a South Korean startup less than a decade old, which develops and manufactures skin care products and athleisure clothing. While t...

Vale, two Korean firms to sell JV to ArcelorMittal at a loss

Vale, two Korean firms to sell JV to ArcelorMittal at a loss

Brazilian mining giant Vale SA and two South Korean steelmakers are selling their joint venture in Brazil at less than half their investment in six ...

Hyundai Doosan Infracore declares 1st cash dividend in 14 years

Hyundai Doosan Infracore declares 1st cash dividend in 14 years

Hyundai Doosan Infracore Co., a South Korean construction equipment company, will pay dividends to its shareholders for the first time in 14 years.A...

S.Korean defense firms receive $15 bn order from Poland

S.Korean defense firms receive $15 bn order from Poland

South Korea’s defense makers, namely Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI), and Hanwha Defense Corp., clinched export dea...

Korean homegrown OTT platform Watcha up for sale

Korean homegrown OTT platform Watcha up for sale

South Korea’s over-the-top (OTT) platform Watcha Inc. is in talks with some companies to sell off its shares, according to investment banking ...

MBK in talks to buy Korea's top online education firm MegastudyEdu

MBK in talks to buy Korea's top online education firm MegastudyEdu

MBK Partners, one of Asia's largest private equity firms, is in exclusive talks to acquire Korea’s top online education company MegastudyEdu C...

Korean firms rush to sell real estate to raise cash

Korean firms rush to sell real estate to raise cash

South Korean companies are selling real estate and subsidiaries to raise cash as accelerating inflation, rising interest rates and the soft won all ...

Soaring renewable energy costs haunt top Korean firms

Soaring renewable energy costs haunt top Korean firms

Major South Korean conglomerates are stepping up efforts to switch to renewable energy, driving their electricity costs sharply higher amid low supp...

Korea's top mobile game Odin creator Lionheart eyes IPO in H2

Korea's top mobile game Odin creator Lionheart eyes IPO in H2

Lionheart Studio Corp., South Korea’s leading game developer behind the mobile game Odin, has begun the process to go public with its July 22 ...

SK, Naver to launch cloud services for Korean public institutions

SK, Naver to launch cloud services for Korean public institutions

South Korea’s leading cloud computing and software services providers are slated to join forces to launch a service for smart working in Korea...

Aramco-backed Hyundai Oilbank drops IPO on market downturn

Aramco-backed Hyundai Oilbank drops IPO on market downturn

Hyundai Oilbank Co., a South Korean refiner backed by Saudi Aramco, withdrew its plan for an initial public offering as local stock markets tumbled,...

POSCO Int'l tipped to merge with affiliated LNG terminal firm

POSCO Int'l tipped to merge with affiliated LNG terminal firm

POSCO International Co., a South Korean trading company, has embarked on a merger with its affiliate POSCO Energy Co. as their parent group is seeki...

SK Square makes its first exit seeking new target firms

SK Square makes its first exit seeking new target firms

South Korean investment firm SK Square Co. has sold all of its shares in Korean biotech NanoEntek Inc., a 28.4% stake, for 58 billion won ($44.3 mil...

S.Korea defense firms poised to ink $7.7 bn in deals with Poland

S.Korea defense firms poised to ink $7.7 bn in deals with Poland

South Korea’s defense makers including Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI) and Hanwha Defense are poised to clinch 10 tri...

South Korean firms roll out AI chatbots that tug at the heartstrings

South Korean firms roll out AI chatbots that tug at the heartstrings

If you are using artificial intelligence-powered chatbot services in South Korea, you may soon be receiving messages like this: “Would you lik...

IGIS, KKR to buy Shinhan Investment HQ for $487 mn

IGIS, KKR to buy Shinhan Investment HQ for $487 mn

A consortium led by South Korea’s IGIS Asset Management Co. and US private equity giant KKR & Co. is set to acquire Shinhan Investment Cor...

Korean LPG firm E1 starts hydrogen fueling business

Korean LPG firm E1 starts hydrogen fueling business

South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. made inroads into the hydrogen industry by setting up the eco-friendly ...

AI-powered translation startup XL8 raises $2.7 million in bridge investment

AI-powered translation startup XL8 raises $2.7 million in bridge investment

Artificial intelligence-powered translation startup XL8 Inc. said on Monday it raised 3.6 billion won ($2.7 million) in a bridge round prior to Seri...

SK E&S to invest $25 mn in turquoise hydrogen firm Monolith

SK E&S to invest $25 mn in turquoise hydrogen firm Monolith

SK E&S Co., the natural gas business unit of South Korea’s SK Group, said on Monday it is set to invest $25 million in US turquoise hydrog...

LG links up with Chinese rivals for budget appliance supremacy Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single Jump tops Spotify daily chart K-content goes cultural: KPop Demon Hunters sparks heritage K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant