SK Incheon Petrochemical invests in domestic recycling waste tire startup
SK Incheon Petrochemical, a subsidiary of South Korea’s SK Innovation Co., on Sunday said it made an equity investment in the eco-friendly sta...
S.Korea's KIC to strengthen responsible investments
Korea Investment Corporation (KIC) plans to actively voice its opinions on portfolio companies' management over the next two years to tighten its re...
S.Korea needs bold investment to keep K-chip supremacy: SNU scholar
The South Korean government and the private sector must commit to more generous and comprehensive support for the country's memory chip industry if ...
SK Materials makes equity investment in ION for CO2 capture partnership
SK Materials Co., an industrial gas manufacturing affiliate of South Korea’s SK Inc., has made an equity investment in ION Clean Energy Inc., ...
S.Korea's NPS likely to log 8.2% loss for 2022, record-low return
South Korea’s National Pension Service (NPS) is expected to post a negative return of 8.2% for 2022, according to its preliminary report on Th...
CJ CheilJedang invests in Australian bio startup
South Korea's food and bio company CJ CheilJedang Corp. on Wednesday said it will invest in the Australian bio startup Provectus Algae.The former se...
S.Korea's GEPS logs 10.2% return on alternative assets in 2022
South Korea’s Government Employees Pension Service (GEPS) had a 4.4% loss on investment last year, seeing its assets under management (AUM) dr...
Inflation casts shadow over S.Korea NPS' hedging strategies
South Korea’s National Pension Service (NPS), with 920.4 trillion won ($694.6 billion) in assets as of November 2022, faces growing concerns o...
Kakao Brain to launch investment fund for AI startups
Kakao Brain, a South Korean artificial intelligence (AI) company owned by Kakao Corp., said on Sunday it plans to set up a fund of up to 10 billion ...
EQT Partners to acquire S.Korea’s SK Shieldus for $2.3 bn
EQT Partners AB, the world’s third-largest private equity firm, is poised to buy a controlling stake in South Korean security service provider...
SK Networks to expand investment in tech firms for future growth
SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, will expand direct funding for tech ...
Hanwha Aerospace secures tech to catch illegal drones using nets
South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The company seeks the a...
S.Korea to spur defense sector tech with $1.5 bn R&D investment
South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, by investing more tha...
CJ Investment fosters Korean startups to discover new growth engines
CJ Investment, the corporate venture capital arm of CJ Corp., announced on Tuesday its plans to foster promising South Korean startups in order to d...
Korea's NPS, KTCU likely to invest in CVC's ninth buyout fund
South Korea’s key institutional investors are highly likely to invest via European private equity giant CVC Capital Partners’ ninth buyo...
Samsung leader eyes memory chip packaging investment
Samsung Electronics Co., the world’s largest memory chipmaker, may accelerate investment in leading-edge technologies including chip packaging...
Korea's Cha Bio Group to expand overseas real estate business
Cha Bio Group, consisting of Cha Biotech and Cha Vaccine Research Institute as its subsidiaries, has announced its expansion into the real estate in...
LG Chem invests $75 million in Piedmont Lithium, signs supply deal
LG Chem Ltd., South Korea’s largest chemicals maker, said on Friday it is acquiring a 6% stake in Piedmont Lithium Inc., a US mining company, ...
LG Uplus to invest $77.3 million annually against data theft
South Korea’s third-largest mobile carrier LG Uplus Corp. will spend 100 billion won ($77.3 million) a year to enhance data security about a m...
SK Hynix may not slash chipmaking investment in 2023: vice chairman
SK Hynix Inc., the world’s second-largest memory chipmaker, will not significantly cut its semiconductor output this year, Vice Chairman Park ...
Hanall Biopharma invests in Interon Labs for brain disease treatments
South Korean pharmaceuticals firm Hanall Biopharma Co. is investing in Interon Laboratories, a US biotech firm that finds and develops treatments fo...
S.Korean LPG importers' profits surge on replacement demand
South Korea’s liquefied petroleum gas (LPG) importers such as E1 Corp. and SK Gas Ltd. saw their operating profit skyrocket in 2022, as a surg...
Seoul to run $3.9 billion fund for startups over 4 years
The local government of South Korea’s capital city Seoul this year will launch its own vision fund, dubbed the Seoul Vision 2030 Fund, to inve...
Individual investors in S.Korea betting on stock market's decline
Despite South Korea's Kosdaq stock market growing this month following the "January rally," individual investors in the country are still betting on...
Samsung’s Lee may ramp up investment in QD-OLED panels
Samsung Electronics Co. may ramp up its investment in screen panel affiliate Samsung Display Co. to meet growing demand for next-generation quantum ...
Profit matters for survival of startups amid investment drought
As venture capitalists tighten their purse strings amid looming recession fears, only startups with killer products that generate profits are well-p...
S.Korea behind in ChatGPT race with zero AI unicorns
South Korea, one of the most wired countries in the world, lags far behind other countries in attaining unicorn startups in the artificial intellige...
SK Innovation steps up carbon offset, green investments
SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is poised to strengthen its eco-friendly b...
Korea to legalize security token for fractional investment
South Korea is set to allow all kinds of fractional investments next year through the legalization of a security token (ST), a digital form of tradi...
LG Group to invest $2.7 bn in decarbonization by 2030
South Korea's No. 4 conglomerate LG Corp. is set to accelerate its net zero by 2050 strategies.LG will invest 3.4 trillion won ($2.7 billion) by 203...
