SK REIT to raise $266 million via Kospi IPO in second half

SK REIT to raise $266 million via Kospi IPO in second half

SK Inc.’s real estate investment trust (REIT) affiliate plans to raise as much as 300 billion won ($266 million) via an initial public offerin...

Edge computing revolution to fuel Korea’s growth over the next decade

Edge computing revolution to fuel Korea’s growth over the next decade

Korea’s leading firms across multiple industries, from consumer electronics to agricultural equipment, are widening the use of edge computing ...

Mobile game developer Netmarble Neo kicks off IPO process

Mobile game developer Netmarble Neo kicks off IPO process

Following in the footsteps of its bigger rival Krafton Inc., South Korean mobile game developer Netmarble Neo has kicked off its initial public offe...

Netflix loses first court case over network usage fee

Netflix loses first court case over network usage fee

Global streaming giant Netflix Inc. lost a South Korean court case on Friday, in the world's first ruling over a dispute about whether over-the-top ...

SK Chairman vows to achieve carbon neutrality ahead of 2050 UN target

SK Chairman vows to achieve carbon neutrality ahead of 2050 UN target

SK Group has pledged to achieve carbon neutrality prior to 2050, the year set by the United Nations (UN) to reach net-zero carbon emissions globally...

LX Group’s Pantos to enter e-commerce market with fulfillment service

LX Group’s Pantos to enter e-commerce market with fulfillment service

Pantos Co., the logistics unit of South Korea’s newly established LX Group, is entering the global e-commerce market by launching a worldwide ...

Israel’s Nanox begins production of digital X-ray components in Korea

Israel’s Nanox begins production of digital X-ray components in Korea

Nano-X Imaging Ltd. (Nanox), an Israeli startup listed on the Nasdaq last August, has started manufacturing digital X-ray components in South Korea....

Why fast-growing coffee chains fail to get listed in Korea

Why fast-growing coffee chains fail to get listed in Korea

A Twosome Place has scrapped its initial public offering plans after being touted as the country’s first coffee chain to go public. This has r...

GS Caltex marks Korea’s first company to buy carbon-neutral crude oil

GS Caltex marks Korea’s first company to buy carbon-neutral crude oil

GS Group has become South Korea’s first business group to purchase carbon-neutral crude oil, in a move to strengthen its ESG efforts.South Kor...

Samsung, LG take major steps forward in 6G commercialization

Samsung, LG take major steps forward in 6G commercialization

“It’s never too early to start preparing for 6G,” said Samsung Electronics Co. last July in releasing The Next Hyper-Connected Exp...

Mirae, Naver set for hefty profit from Didi Chuxing IPO

Mirae, Naver set for hefty profit from Didi Chuxing IPO

The prospective initial public offering of DiDi Chuxing Technology Co., China's largest ride-hailing app, is expected to generate as much as 200 bil...

K-pop fan engagement platform DearU eyes H2 listing

K-pop fan engagement platform DearU eyes H2 listing

South Korea-based fan platform DearU Co. has filed a preliminary application to the Korea Exchange with plans for a trading debut on the country&rsq...

Korean firms split into new units for fair valuation amid uncertainty

Korean firms split into new units for fair valuation amid uncertainty

The blurring of industry boundaries and increasing new opportunities in the pandemic era are driving major Korean companies to split businesses into...

Blackstone-invested handbag maker Simone applies for IPO review

Blackstone-invested handbag maker Simone applies for IPO review

South Korea’s luxury handbag maker Simone Acc. Collection Ltd., 30% owned by US private equity firm Blackstone, has kicked off a process to li...

LG unveils fresh-faced logo designs to firm up brand storytelling

LG unveils fresh-faced logo designs to firm up brand storytelling

South Korea-based electronics giant LG has revealed new designs of its logo, "Face of the Future," in a move to upgrade its brand storytelling. On J...

SKT to spin off; 5-for-1 stock split in November

SKT to spin off; 5-for-1 stock split in November

South Korea’s largest mobile carrier SK Telecom Co. is moving forward with its spin-off plan announced in April. SK Telecom held a board meeti...

Samsung SDI mulls EV battery JV in US; partnership with global automaker

Samsung SDI mulls EV battery JV in US; partnership with global automaker

Samsung SDI Co., one of South Korea’s top three electric vehicle battery makers, is considering launching a battery production joint venture i...

AI edtech startup Buzzvil readies for 2022 listing; hires IPO manager

AI edtech startup Buzzvil readies for 2022 listing; hires IPO manager

South Korea-based artificial intelligence startup Buzzvil is preparing to make a trading debut on the country’s junior bourse Kosdaq in the th...

Korean telecom firms expand commercial use of quantum cryptography

Korean telecom firms expand commercial use of quantum cryptography

The imminent advent of quantum computers is posing an online security risk. Quantum computers, unlike the binary computers in common use today, can ...

KB Investment CEO says VC boom shouldn't be dismissed as mere bubble

KB Investment CEO says VC boom shouldn't be dismissed as mere bubble

South Korea-based venture capital firms are likely to see rankings shift once the glory days of lucrative exits in a liquidity-driven market are gon...

LG Energy Solution applies for IPO seen to raise over $9 bn

LG Energy Solution applies for IPO seen to raise over $9 bn

LG Energy Solution Ltd. has begun the official process of South Korea’s largest-ever initial public offering that is expected to raise over 10...

Celltrion, Mirae to take largest stake in UK biotech firm

Celltrion, Mirae to take largest stake in UK biotech firm

South Korean biosimilar maker Celltrion Inc. and Mirae Asset Group have agreed to an investment that will render them the top shareholder in Iksuda ...

Taiwanese fabless firms outwit Korean rivals in chip supercycle

Taiwanese fabless firms outwit Korean rivals in chip supercycle

Taiwanese fabless semiconductor firms, with backing from their hometown foundry companies, are reaping the benefits of higher chip prices and soarin...

ADT Caps hires IPO managers to speed up 2021 listing

ADT Caps hires IPO managers to speed up 2021 listing

ADT Caps Co., South Korea's No. 2 security services provider, has appointed Morgan Stanley, Credit Suisse and NH Investment & Securities Co. to ...

Samsung returns as foreigners’ top pick; Kospi just shy of record high

Samsung returns as foreigners’ top pick; Kospi just shy of record high

Samsung Electronics Co., the bellwether of South Korea’s main bourse, has returned as the market darling, with foreigners buying heavily on th...

Samsung loses ground in foundry market as TSMC ties in with Japanese firms

Samsung loses ground in foundry market as TSMC ties in with Japanese firms

Samsung Electronics Co., which is losing share of the global foundry market, has come under increased pressure from its bigger rival Taiwan Semicond...

Hyundai tops Korean institutions' May buying list

Hyundai tops Korean institutions' May buying list

Hyundai Motor became the key beneficiary of South Korean institutional investors' heavy buying on the local bourse this month as the global chip sho...

Luxury goods platform MUST'IT raises over $10 mn from VC firms

Luxury goods platform MUST'IT raises over $10 mn from VC firms

South Korea-based luxury goods platform MUST'IT has secured 13 billion won ($11.7 million) in a bridge round from venture capital firms Kakao Invest...

Hana buys Osaka logistics center for about $140 mn

Hana buys Osaka logistics center for about $140 mn

South Korea's Hana Alternative Asset Management Co. has beat 16 Japanese bidders to acquire a logistics center in the port of Osaka, Japan for ¥...

Kakao joins OTT race with INISOFT acquisition

Kakao joins OTT race with INISOFT acquisition

Kakao Corp. is entering the over-the-top (OTT) streaming market. According to investment banking sources on May 27, Kakao’s entertainment and ...

Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single 'Jump' tops Spotify daily chart K-content goes culture: KPop Demon Hunters sparks K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead