Next Entertainment World
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The KED View
Following Japan’s economic decline
When it comes to the economy, would it be faster for South Korea to surpass Japan or be surpassed by Taiwan?Recently, all eyes are on the three East...
Apr 29, 2022 (Gmt+09:00)
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Earnings
Samsung’s stock underlines cloudy outlook despite record Q1
Shares of Samsung Electronics Co. fell to a fresh 52-week low on Thursday despite posting record sales for the third consecutive quarter as investor...
Apr 28, 2022 (Gmt+09:00)
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Batteries
LG Energy to spend more on battery capacity expansion
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to spend more on global capacity expansion than init...
Apr 27, 2022 (Gmt+09:00)
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Earnings
SK Hynix posts record Q1 sales buoyed by Solidigm, may build another fab
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it is considering building another chip fabrication line after p...
Apr 27, 2022 (Gmt+09:00)
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Future mobility
Hyundai opens world's first UAM takeoff, landing area in UK
South Korea's Hyundai Motor Group has opened the world's first urban air mobility (UAM) takeoff and landing area in central England.Supernal LLC, Hy...
Apr 27, 2022 (Gmt+09:00)
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Steel
SeAH to supply steel pipes for LNG export base in Qatar via Samsung
SeAH Steel Corp., the largest steel pipe manufacturer in South Korea, signed a contract on April 25 to offer Samsung C&T Corp. its stain...
Apr 26, 2022 (Gmt+09:00)
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Korean games
Kakao Games invests $15 mn in Playable Worlds for global expansion
Kakao Games Corp., a game publishing unit of Korea’s web service giant Kakao Corp., has invested $15 million in US game studio Playable Worlds...
Apr 22, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to supply chip substrate for Apple’s next-gen M2 processor
Samsung Electro-Mechanics Co. will supply its semiconductor package substrate to Apple Inc. for the US tech giant’s next-generation M2 process...
Apr 21, 2022 (Gmt+09:00)
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Korean Investors
Direct lending remains the top PD strategy for Korean LPs
Around 70% of South Korean key asset owners will expand their exposure to global private debt, expecting steady streams of cash flow, according to a r...
Apr 19, 2022 (Gmt+09:00)
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Artificial intelligence
SK Telecom’s bet on air mobility, metaverse in full display at World IT Show
SK Telecom Co. is poised to show off its latest services at this year’s World IT Show slated for three days from April 20. At the large...
Apr 18, 2022 (Gmt+09:00)
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Entertainment
Kakao Entertainment sets up content ecosystem with M&As
Kakao Entertainment Corp., a unit of South Korea’s top mobile messenger app operator, has established its own content ecosystem including crea...
Apr 14, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy set for 2023 turnaround after eight years of losses
Samsung Heavy Industries Co., one of South Korea's Big Three shipbuilders, was once on the list of assets its parent Samsung Group wanted to sell to...
Apr 11, 2022 (Gmt+09:00)
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K-pop
JYP Entertainment stocks skyrocket 70% in three months
Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...
Apr 08, 2022 (Gmt+09:00)
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Entertainment
SM Entertainment to find Saudi idols with Princess Haifa
South Korea’s entertainment behemoth SM Entertainment Co. will develop Saudi idols with Princess Haifa bint Mohammed Al-Saud as the kingdom ai...
Apr 07, 2022 (Gmt+09:00)
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Cryptocurrencies
Total of 19 mn Bitcoins mined, pushing price upward
Bitcoin mining hit a 19 million milestone in recent days, leading to a jump in its price. Tokyo-based SBI Crypto Co., under the parent company ...
Apr 05, 2022 (Gmt+09:00)
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Shareholder activism
Activist fund wins over K-pop pioneer at SM Entertainment annual meeting
South Korea’s entertainment behemoth SM Entertainment Co. is poised to have a new outside auditor – a measure expected to bring a much-a...
Mar 31, 2022 (Gmt+09:00)
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Healthcare
EDGC enters US procurement market with medical supplies
Eone Diagnomics Genome Center Co. (EDGC), a South Korean healthcare firm specializing in genetic analysis technology, is set to enter the US governm...
Mar 31, 2022 (Gmt+09:00)
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Samsung Group
Samsung to work with Western Digital on next-gen storage technology
Samsung Electronics Co. and Western Digital Technologies Inc. announced Wednesday the two parties signed a memorandum of understanding (MOU) to coll...
Mar 31, 2022 (Gmt+09:00)
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Carbon neutrality
POSCO, Hancock partner for low-carbon steel materials production
South Korea’s top steelmaker POSCO Co. and Hancock Prospecting Pty Ltd, a leading Australian mining firm, are slated to collaborate in low-car...
Mar 30, 2022 (Gmt+09:00)
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Business & Politics
Blue house brawl: South Korea spars over where next president will live
SEOUL—South Korea’s political division runs so deep now that the country can’t agree where the next president should liv...
Mar 29, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai files complaint against EU's veto of DSME merger
HD Hyundai, formerly known as Hyundai Heavy Industries Holdings Co., has filed a complaint against the European Commission, the executive body of th...
Mar 28, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Kakao hits snag in $815 mn SM Entertainment takeover plan
Kakao Entertainment Corp. has hit a snag in its talks to buy a controlling stake in SM Entertainment Co., according to those familiar with the neg...
Mar 28, 2022 (Gmt+09:00)
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Electronics
Samsung launches LTE-only Galaxy A23 to target low-end market
Samsung Electronics Co. on Friday launched the 4G LTE Galaxy A23 smartphone, a cheaper version of its flagship Galaxy A series models, targeting the...
Mar 25, 2022 (Gmt+09:00)
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Entertainment
CJ ENM drops split-off plan; to set up new film studio
CJ ENM Co., South Korea’s entertainment giant, has dropped a plan to carve out its content production business into a new unit in the face of ...
Mar 25, 2022 (Gmt+09:00)
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Batteries
LG Energy, Stellantis to build $4.1 billion battery plant in Canada
The world’s second-largest battery maker LG Energy Solution Ltd. and multinational automaker Stellantis N.V. have agreed to build a $4.1 billi...
Mar 24, 2022 (Gmt+09:00)
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Entertainment
Entertainment shares shine as BTS, Twice return to stage
South Korean entertainment stocks rallied as K-pop stars such as BTS and Twice return to the stage amid global economic reopening with growing hopes...
Mar 23, 2022 (Gmt+09:00)
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Batteries
LG Energy considers billion-dollar battery plant in Arizona
South Korea’s LG Energy Solution Ltd. may build a billion-dollar battery plant in the US state of Arizona to meet growing demand in North Amer...
Mar 22, 2022 (Gmt+09:00)
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Entertainment
Europe emerges as battleground for webtoon dominance
South Korea’s tech behemoths Naver Corp. and Kakao Corp. are intensifying competition over who will dominate the global webtoon market. ...
Mar 21, 2022 (Gmt+09:00)
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Retail
Korea rises as test bed for global luxury brands
South Korea is becoming a test bed for global high-end brands such as Balenciaga, Valentino, IWC and Breitling. The world's top luxury brands, pre...
Mar 21, 2022 (Gmt+09:00)
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Batteries
LG, SK, Samsung unveil next-generation battery roadmaps at InterBattery
South Korea’s three major battery makers are showcasing their latest rechargeable batteries for electric vehicles while unveiling their roadma...
Mar 17, 2022 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet