Samsung Next ramps up investment in NFT ventures

Samsung Electronics Co. is betting big on non-fungible token (NFT) companies through its venture capital unit Samsung Next, headquartered in Mountai...

Samsung courts image sensor leader Sony with new automotive products

Samsung Electronics Co., the world’s second-largest image sensor maker, is courting industry leader Sony Corp. with its new line of automotive...

POBA likely to invest €100 mn in Dutch lab developer

South Korea's Public Officials Benefit Association (POBA) has decided to invest around €100 million ($120 million) in Kadans Science Partner, a...

Samsung Electro-Mechanics targets EV parts

Samsung Electro-Mechanics, a South Korean electronic components maker, aims to expand its business in the booming electric vehicle (EV) parts market...

Celltrion, Samsung Bioepis anticipate increased biosimilar sales in Europe

South Korean biosimilar companies such as Celltrion Inc. and Samsung Bioepis Co. are likely to see their sales hike by tens of millions of dollars...

World’s top COVID-19 test kit maker draws $28 bn in IPO subscriptions

The IPO of SD Biosensor Inc., which has sold the most COVID-19 test kits in the world -- selling more than 700 million kits from February 2020 to Ma...

Indonesia's HappyFresh draws half of new funding from Korea

Indonesia's online grocery platform HappyFresh will receive another $33 million from South Korean investors, including the Asian startup fund of Nav...

Samsung’s LED business makes big global rebound

Samsung Electronics Co.’s light-emitting diode (LED) business, which was almost on the verge of a shutdown due to its sluggish performance, is...

Korean battery SMEs rush for money to expand capacity

South Korean rechargeable battery-related companies are jumping into capital markets to raise money for capacity expansion as the fast-growing ele...

STIC to cash in on Aug IPOs following HYBE block sale

South Korea's private equity firm STIC Investments Inc. is tipped to be one of the main beneficiaries of upcoming initial public offerings in the co...

Koh Young’s medical robot KYMERO expands foothold in Korean hospitals

Koh Young Technology Inc., Korea’s leading maker of 3D optical inspection devices used in electronics manufacturing, has further strengthened ...

Samsung Elec's Q2 operating profit beats forecast on strong chip business

Samsung Electronics Co. said its operating profit in the second quarter likely surged more than 50%, beating market expectations, thanks to its heal...

Govt pension fund makes first foray into overseas infrastructure

South Korea's Government Employees Pension Service (GEPS) has awarded a combined $105 million mandates to Goldman Sachs, Macquarie and Paris-based A...

Samsung, Hanwha Q Cells to offer IoT home energy solutions in US, EU

Samsung Electronics Co. and South Korea’s leading solar panel maker Hanwha Q Cells Co. have joined hands to provide smart home energy solution...

NPS buys Australian building for $900 mn to diversify investment

South Korea’s national pension fund bought an office building in Australia for almost $900 million, which would be its largest investment in t...

LG launches QNED TV to rival Samsung in premium TV market

LG Electronics Inc. has launched new flashy flagship TV models, with which the South Korean home electronics giant aims to compete with its bigger r...

Samsung Heavy Industries charters drillship to Italy’s Saipem

South Korea’s Samsung Heavy Industries Co. has signed a contract to lease a newbuild drillship to Italian oilfield services company Saipem S.p...

Samsung Life eyes CPPIB-style stake purchases in GPs

Samsung Life Insurance Co. has drawn attention from South Korean pension and savings funds with its $90 million purchase last month of a stake in Sa...

Taiwan’s Fubon Life raises stake in Korean unit via $405 mn rights offer

Fubon Life Insurance Co., a unit of Taiwan’s Fubon Financial Holding Co., has raised its stake in a Korean joint venture with Hyundai Motor Gr...

NH Financial to buy $20 mn stake in Japan's solar farm

South Korea's NongHyup Financial Group, or NH Financial Group, has acquired a stake in a solar power plant in Japan from Korea Electric Power Corp. ...

Hanwha to buy $900 mn Hanwha General shares from Samsung

Two Hanwha Group units have decided to buy the remaining stake in their affiliate Hanwha General Chemical Co. for 1 trillion won ($880 million) from...

Cigna seeks to enter Korea's digital non-life insurance market

The US insurance group Cigna looks set to become the first foreign insurer on South Korea's digital non-life insurance platform, with an aim to crac...

AI startup Voyager X raises over $25 mn in Series A funding round

South Korea-based artificial intelligence startup Voyager X Inc. has successfully raised around 30 billion won ($26.4 million) in a Series A funding...

POBA eyes life science buildings, student housing in Europe via SMA

South Korea's Public Officials Benefit Association (POBA) is targeting life science buildings, last-mile distribution centers and student housing fa...

Samsung Asset in $12.4 bn oil pipeline stake purchase

South Korea's Samsung Asset Management Co. has participated in a $12.4 billion acquisition of a 49% stake in Aramco Oil Pipelines Co., a unit of Sau...

Korean institutions ranked top US liquidity provider under 2020 TALF

South Korean institutional investors, including the Public Officials Benefit Association (POBA) and Yellow Umbrella Mutual Aid Fund, emerged as the ...

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...

Harrison Street taps Korean LPs for $1.5 bn life science property fund

The Korean Teachers' Credit Union has committed $100 million to Harrison Street Real Estate Capital's new flagship fund that is aiming to raise $1.5...

Samsung Electronics to market wearable robot for healthcare by year-end

Samsung Electronics Co. will commercialize a wearable robot for healthcare by the end of this year as the South Korean tech giant is delving into th...

POBA commits over $200 mn to Europe-focused real estate SMA

South Korea's Public Officials Benefit Association (POBA) has committed 270 billion won ($240 million) to a separately managed account (SMA) focusin...