Korea’s troubled kimchi fridge maker Winia seeks new owner

Winia Co., South Korea’s troubled kimchi refrigerator manufacturer under court receivership, is looking for a new owner to save the company fr...

Campbell Lutyens taps ex-KIC PE chief as Korea head

Campbell Lutyens & Co. Ltd., a UK private equity advisory firm, has tapped sovereign wealth fund Korea Investment Corporation (KIC) former PE he...

Naver to join race with EQT, Goldman Sachs for Korean SW firm

Naver Corp. is set to go up against global major private equity firms such as EQT Partners AB and Goldman Sachs Private Equity Group to acquire a So...

Fintech platform operator Viva Republica revives IPO plan

Viva Republica Inc., the operator of South Korea’s fintech platform Toss, has revived plans to go public after pushing back its stock market d...

Korean Kakao Pay’s acquisition of US' Siebert collapses

South Korean Kakao Pay Corp.'s takeover deal of US-based Siebert Financial Corp. has failed amid the growing legal risks surrounding top executives ...

Chip cycle hits rock bottom but uncertainty lingers: Chey

The global semiconductor market has hit "rock bottom" but uncertainties remain high amid growing protectionism and lingering concerns about China&rs...

SK Telecom, Thales jointly strengthen 5G security

South Korea's SK Telecom Co. announced on Tuesday that it collaborated with global data security company Thales for 5G security.According to the com...

OCI signs $1 billion polysilicon supply deal with US solar firm CubicPV

OCI Holdings Co., a leading South Korean chemical and green energy company, said on Tuesday it has clinched a $1 billion deal to supply polysilicon ...

SK E&S to strengthen Korea's liquid hydrogen ecosystem

SK E&S Co., an energy unit of South Korean conglomerate SK Group, will cooperate with domestic firms to strengthen the country’s liquid hy...

Shinsegae I&C to open charging station Spharos EV

South Korea’s Shinsegae I&C Inc. announced on Monday that its electric vehicle (EV) charging service Spharos EV will introduce a total o...

Kolon Industries to downsize industrial film business amid weak demand

Kolon Industries Inc., a South Korean chemical and textile manufacturer, is downsizing its industrial film business amid weak demand and growing com...

Samsung tech leak suspects allegedly bribed by Chinese firm

A former senior manager at Samsung Electronics Co. and an ex-subcontractor employee are among those accused of receiving several tens of million dol...

SK Ecoplant, Korea South-East Power tap UAE as green energy base

SK Ecoplant Co., a South Korean construction engineering and waste management firm under SK Group, is accelerating a plan to set up a major green en...

KKR promotes Keith Kim in Seoul office to partner

KKR & Co. Inc. has promoted Keith Kim (Kim Yang-han), managing director at the private equity giant’s Seoul office, to partner.Kim, who ma...

SK On Vice Chair Chey Jae-won sees greater growth potential in 2024

Chey Jae-won, executive senior vice chairman of SK On Co., a leading South Korean battery maker, said on Thursday he expects the company’s gro...

Doosan Robotics to expand cobot business in Europe

Doosan Robotics Inc., the robot-developing unit of South Korea’s Doosan Group, will supply collaborative robots to Amsterdam Airport Schiphol ...

SK Telecom launches AI-based phone interpreting service

South Korea’s top mobile carrier SK Telecom Co. has launched an artificial intelligence-based telephone interpreting service in real-time for ...

Lunit acquires NZ-based AI diagnostics firm Volpara

South Korean medical AI company Lunit announced on Thursday that it will acquire New Zealand-based AI breast cancer diagnostics solutions company Vo...

Samsung to relocate packaging unit workplace to lure talent

Samsung Electronics Co., the world’s top memory chipmaker, is set to relocate its advanced packaging department’s workplace in South Kor...

SK Ecoplant completes battery recycling plant in China

South Korea’s SK Ecoplant announced on Wednesday that it completed a battery recycling plant in the Yancheng Economic and Technological Develo...

DL E&C, KBR to co-work for SAF project

South Korea’s DL E&C Co. announced on Wednesday that it signed a feasibility study contract with Kellogg Brown & Root (KBR) Inc., the ...

ASML, Samsung to build R&D center in Korea for $760 mn

AMSTERDAM, Netherlands -- Samsung Electronics Co. and ASML Holding N.V. have reached a preliminary agreement to build a research and development fac...

Cho Yang-rai to fight back in MBK Partners’ bid to acquire Hankook Tire

Cho Yang-rai, honorary chairman of Hankook & Company Co., has vowed to fight MBK Partners Ltd.’s bid to take over the holding company of S...

US regulations push Korean battery industry to cut reliance on China

The South Korean battery industry is facing pressure to cut its reliance on Chinese capital as the US government on Dec. 1 issued guidance that will...

Mirae Asset acquires Indian brokerage firm Sharekhan for $360 million

South Korea’s leading asset manager Mirae Asset Financial Group has acquired Sharekhan Ltd., India’s 10th-largest brokerage firm, to enh...

SK Bioscience start to deliver Novavax COVID-19 vaccine

South Korea's SK Bioscience Co. announced on Tuesday that it started to deliver the Novavax COVID-19 vaccine against XBB.1.5 variant.According to No...

SK Bioscience applies Phase 3 trials in US for pneumococcal vaccine

South Korea's SK Bioscience Co. announced on Monday that it submitted the Investigational New Drug (IND) application for the Phase 3 clinical trial ...

Daewoong exports $92.4 mn Depot injection tech to UAE

South Korea's Daewoong Pharmaceutical announced on Monday that it exported its technology for clinical development and commercialization rights of i...

Home&Shopping opens exclusive section in Vietnam K-Market

South Korea's Home&Shopping announced on Friday that it opened its exclusive section in the K-Market in Vietnam. The company aims to support the...

SK Networks to accelerate AI-led, startup investments

SK Networks Co. will accelerate its transformation into an artificial intelligence-led investment company from a general trading firm, its President...