Hyundai’s US partner Aptiv invests in self-driving startup StradVision
Aptiv PLC, one of the world’s big three autonomous driving technology companies, has agreed to invest 50 billion won ($39 million) in StradVis...
South Korea to invest $794 million in AI chips, nurture 7,000 experts
The South Korean government has decided to invest 1.02 trillion won ($794 million) in the artificial intelligence semiconductor sector and foster ov...
Korea to reboot nuclear power sector with orders, aid
South Korea plans to rebuild the nuclear power plant industry hard hit by the previous government’s nuclear energy phasing-out policy by placi...
Samsung to boost chip substrate investment after Apple order
Samsung Electro-Mechanics Co. will expand its manufacturing facilities for high-performance package substrates in both South Korea and Vietnam, afte...
Residential, urban logistics in Europe are attractive: Patrizia
Despite a number of global market uncertainties, there is value in real assets where rental income grows faster than inflation, Mahdi Mokrane, head ...
More LPs tap ex-Samsung Life professionals as CIOs
A number of financial experts who built their careers at Samsung Life Insurance Co. are in the spotlight as more South Korean pension funds and mutu...
Paris Baguette enters Malaysia, eyes $2 trillion halal market
SPC Group’s bakery franchise Paris Baguette has chosen Malaysia as its eighth overseas market. The decision aligns with the food and beverage ...
KT, Hanmi-invested therapeutics maker Digital Pharm launched
Digital Pharm, jointly invested in by KT Corp. and Hanmi Pharmaceutical Co., held an official inauguration ceremony last week, the company announced...
Temasek VC unit CEO sees recent downturn as investment opportunity
Vertex Venture Holdings, a venture capital unit of Singapore state investor Temasek Holdings, expects the recent global downturn to offer investment...
Doosan adds chip post-processing to list of growth drivers
Doosan Group has added semiconductor post-processing services to its core businesses and plans to invest 1 trillion won ($774 million) in its microc...
Hanwha invests $115 mn in urban air mobility firm Overair
South Korea’s Hanwha Systems Co. and Hanwha Aerospace Co. have invested a combined $115 million in Series B funding for Overair Inc., a Califo...
SK to invest $30 mn in ammonia-based power solutions developer Amogy
SK Innovation Co. announced Tuesday it will inject $30 million into Brooklyn-based Amogy Inc. The intermediate holding company of SK Group and ...
Brokerages sit on $5.3 bn of global alternative assets to sell down
Some major securities firms in South Korea are having difficulties with overseas alternative assets they have yet to sell down. The brokerage firm...
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...
LG Energy to invest $451 mn in mass production of Tesla’s 4680 battery cells
LG Energy Solution Ltd. announced Monday it will invest 580 billion won ($451 million) to manufacture battery cells for Austin-based Tesla, Inc.The ...
Korean bio firms flock to US as SV Invest eyes $100 million bio fund
SV Investment, a South Korean venture capital and private equity firm, is looking to launch a $100 million bio fund in the US as a growing number of...
KT to spend near $10 bn on digital platform by 2026
KT Corp., a South Korean telecom giant, plans to invest nearly $10 billion in its digital platform sector by 2026 as it aims to focus on the industr...
LG Group to invest $119 million into 300 startups through 2025
LG Group announced Thursday it will invest 150 billion won ($119 million) into 300 startups through 2025.The conglomerate hosted Superstart Brand ...
South Korean startups raise record-high Series A funding
South Korea's early stage startups raised a record amount of funding in the last 12 months.Even though venture capital firms at home and abroad are ...
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...
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...
Fabless startup Rebellions raises $50 mn in Series A
South Korea’s leading fabless startup Rebellions Inc. announced Friday it raised 62 billion won ($50 million) in Series A or the first round o...
Korea Investment completes Indonesian fishing firm's IPO
South Korea’s Korea Investment & Securities Co. (KIS) said on Thursday it has completed the listing of PT Cilacap Samudera Fishing Industr...
LG Chem, Korea Zinc affiliate KEMCO to launch battery precursor JV
South Korea’s top chemicals company LG Chem Ltd. and the world’s largest zinc and lead smelter Korea Zinc Co. have agreed to launch a ba...
Hyundai Motor Group to launch $80 mn startup fund
Hyundai Motor Group and the group’s social contribution foundation will create a domestic startup fund to invest a total of 100 billion won ($...
KTCU posts $141 mn return via landmark office exit
The sale of South Korea’s landmark office Alpharium Tower has been completed for 1.02 trillion won ($827.3 million), marking a record-high pri...
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...
Iljin Materials aims to complete stake sale in August
Iljin Materials Co., a South Korean electric vehicle battery materials maker, accelerated the process of the sale of a majority stake in a deal esti...
CJ to beef up content, K-food sector with $9.7 billion investment
South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. and entertainment giant CJ E...
Kakao Entertainment’s fundraising plan hits roadblock
Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp., is struggling to raise money as surging inflation and ri...
