NPS selects four Korean VCs to invest 150 bn won

The National Pension Service (NPS) of South Korea said on Nov. 9 it has selected the venture capital firms that will entrust the pension fund&rsqu...
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The National Pension Service (NPS) of South Korea said on Nov. 9 it has selected the venture capital firms that will entrust the pension fund&rsqu...
South Korea’s major shipbuilders Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. won orders for six liquefie...
LG Energy Solution Ltd., a leading South Korean battery maker, has signed a deal to supply batteries to Nikola Corp., a US hydrogen fuel cell electr...
Hyundai Oilbank Co. plans to develop eco-friendly electrofuels, or e-fuels, jointly with Denmark's Haldor Topsoe as the South Korean oil refiner has...
When South Korean menswear brand Wooyoungmi had the highest sales in the men’s fashion hall of Paris-based luxury department store Le Bon Marc...
South Korea's Samsung Heavy Industries Co. last week raised 1.3 trillion won ($1.1 billion) in a rights issue to existing shareholders as planned, a...
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Friday it is acquiring a 100% stake in South Korea-based Key Foundry for 5...
Samsung Electronics Co.’s third-quarter earnings report on Thursday was almost perfect but for one thing. The world’s top memory maker s...
Moderna Inc.’s COVID-19 vaccine first produced by Samsung Biologics Co. under a contract manufacturing organization (CMO) service will be avai...
LCS Group Korea, a South Korean corporate set up by the Philippines' LCS Group of Companies, signed a joint venture establishment contract on Oct. 2...
Samsung SDI Co. has partnered with Dutch-domiciled multinational automaker Stellantis N.V. to build a multi-billion-dollar battery facility in the U...
Shares of FNC Entertainment Co., a mid-size South Korean entertainment agency, are surging on expectations that offline concerts will soon resume wi...
South Korean venture capital firms are expanding their investment in Southeast Asia, where startups grow rapidly based on a large population.K...
Samsung Heavy Industries Co. last month successfully completed a sea trial of its self-operating vessel technology, which enables two autonomous shi...
When Cheil Industries, a former chemical unit of South Korea’s largest conglomerate Samsung Group, decided to hive off a business unit that ma...
South Korea’s top battery maker LG Energy Solution Ltd. is about to resume its initial share sale plan shelved for months due to the uncertain...
Shares of Samsung Electronics Co., South Korea’s largest stock on the main bourse, are significantly underperforming as analysts slash price t...
Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...
Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it has begun mass production of the industry’s smallest 1...
The heavy inheritance tax burden in South Korea is pushing the heirs of the late Samsung Group Chairman Lee Kun-hee to sell about 2.2 trillion won (...
South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...
Samsung Electronics Co. caught its global semiconductor competitors off guard last week at the Samsung Foundry Forum 2021 with its announced plan to...
Samsung Electronics Co., the world’s top memory chip and smartphone maker, reported its highest operating profit in three years with record ...
Stonebridge Ventures, South Korea's most profitable venture capital firm, will submit its application for an initial public offering this month to l...
Samsung Electronics Co. said on Thursday it will be able to commercialize a 2-nanometer transistor process technology by 2025 to take on bigger foun...
The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...
The unprecedented global chip shortage is thwarting automakers’ plans to roll out new vehicles, with some popular models set to be delivered t...
The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...
When South Korean major convenience store chain CU opened its first branch in Malaysia on April 1, there was a queue of more than 100 meters to get ...
Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the ...
NPS selects four Korean VCs to invest 150 bn won
The National Pension Service (NPS) of South Korea said on Nov. 9 it has selected the venture capital firms that will entrust the pension fund&rsqu...
Nov 09, 2021 (Gmt+09:00)
Daewoo Shipbuilding, Samsung Heavy win LNG carriers order from Qatar
South Korea’s major shipbuilders Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. won orders for six liquefie...
Nov 08, 2021 (Gmt+09:00)
LG Energy Solution to supply batteries to US fuel cell truck maker Nikola
LG Energy Solution Ltd., a leading South Korean battery maker, has signed a deal to supply batteries to Nikola Corp., a US hydrogen fuel cell electr...
Nov 05, 2021 (Gmt+09:00)
Hyundai Oilbank to develop eco-friendly e-fuels with Danish firm
Hyundai Oilbank Co. plans to develop eco-friendly electrofuels, or e-fuels, jointly with Denmark's Haldor Topsoe as the South Korean oil refiner has...
Nov 05, 2021 (Gmt+09:00)
Wooyoungmi emerges as 'new luxury' menswear brand
When South Korean menswear brand Wooyoungmi had the highest sales in the men’s fashion hall of Paris-based luxury department store Le Bon Marc...
Nov 02, 2021 (Gmt+09:00)
Samsung Heavy raises $1.1 bn in rights issue as planned
South Korea's Samsung Heavy Industries Co. last week raised 1.3 trillion won ($1.1 billion) in a rights issue to existing shareholders as planned, a...
Nov 01, 2021 (Gmt+09:00)
SK Hynix in $492 million Key Foundry deal, doubles foundry capacity
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Friday it is acquiring a 100% stake in South Korea-based Key Foundry for 5...
Oct 29, 2021 (Gmt+09:00)
Uncertainty clouds Samsung as paradigm shifts toward profitability
Samsung Electronics Co.’s third-quarter earnings report on Thursday was almost perfect but for one thing. The world’s top memory maker s...
Oct 28, 2021 (Gmt+09:00)
Samsung Biologics-made Moderna vaccine available to Koreans this week
Moderna Inc.’s COVID-19 vaccine first produced by Samsung Biologics Co. under a contract manufacturing organization (CMO) service will be avai...
Oct 27, 2021 (Gmt+09:00)
LCS Group, Bosung Powertec to form $40 mn fund for telecom tower project
LCS Group Korea, a South Korean corporate set up by the Philippines' LCS Group of Companies, signed a joint venture establishment contract on Oct. 2...
Oct 26, 2021 (Gmt+09:00)
Samsung SDI, Stellantis to build billion-dollar battery JV in US
Samsung SDI Co. has partnered with Dutch-domiciled multinational automaker Stellantis N.V. to build a multi-billion-dollar battery facility in the U...
Oct 19, 2021 (Gmt+09:00)
FNC Entertainment next in line for global success, shares surge
Shares of FNC Entertainment Co., a mid-size South Korean entertainment agency, are surging on expectations that offline concerts will soon resume wi...
Oct 19, 2021 (Gmt+09:00)
Korean VC firms expand investment in Southeast Asia
South Korean venture capital firms are expanding their investment in Southeast Asia, where startups grow rapidly based on a large population.K...
Oct 18, 2021 (Gmt+09:00)
Samsung aims to unveil autonomous ships in 2022
Samsung Heavy Industries Co. last month successfully completed a sea trial of its self-operating vessel technology, which enables two autonomous shi...
Oct 17, 2021 (Gmt+09:00)
Enchem: A Samsung hive-off that turns into an electrolyte giant
When Cheil Industries, a former chemical unit of South Korea’s largest conglomerate Samsung Group, decided to hive off a business unit that ma...
Oct 15, 2021 (Gmt+09:00)
LG Energy Solution’s IPO plan remains elusive after GM recall settlement
South Korea’s top battery maker LG Energy Solution Ltd. is about to resume its initial share sale plan shelved for months due to the uncertain...
Oct 13, 2021 (Gmt+09:00)
Samsung shares' underperformance deepens on growth concerns, won
Shares of Samsung Electronics Co., South Korea’s largest stock on the main bourse, are significantly underperforming as analysts slash price t...
Oct 13, 2021 (Gmt+09:00)
Huawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?
Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...
Oct 13, 2021 (Gmt+09:00)
Samsung makes industry’s smallest 14 nm DDR5 chip with EUV technology
Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it has begun mass production of the industry’s smallest 1...
Oct 12, 2021 (Gmt+09:00)
Tax burden pushes Samsung heirs to sell $1.8 bn worth of shares by April 2022
The heavy inheritance tax burden in South Korea is pushing the heirs of the late Samsung Group Chairman Lee Kun-hee to sell about 2.2 trillion won (...
Oct 11, 2021 (Gmt+09:00)
Samsung, SK Hynix to pay corporate taxes to foreign countries
South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...
Oct 10, 2021 (Gmt+09:00)
Samsung surprises foundry industry with plan for 2 nm chips
Samsung Electronics Co. caught its global semiconductor competitors off guard last week at the Samsung Foundry Forum 2021 with its announced plan to...
Oct 10, 2021 (Gmt+09:00)
Samsung Q3 operating profit at 3-year high on chips, Galaxy
Samsung Electronics Co., the world’s top memory chip and smartphone maker, reported its highest operating profit in three years with record ...
Oct 08, 2021 (Gmt+09:00)
Stonebridge Ventures, Capstone prepare for 2022 IPOs
Stonebridge Ventures, South Korea's most profitable venture capital firm, will submit its application for an initial public offering this month to l...
Oct 07, 2021 (Gmt+09:00)
Samsung to make 2-nanometer GAA chips by 2025 to overtake TSMC
Samsung Electronics Co. said on Thursday it will be able to commercialize a 2-nanometer transistor process technology by 2025 to take on bigger foun...
Oct 07, 2021 (Gmt+09:00)
S.Korea shows rare unease against US request for Samsung data
The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...
Oct 06, 2021 (Gmt+09:00)
Chip shortage slams Korean carmakers’ new car rollouts
The unprecedented global chip shortage is thwarting automakers’ plans to roll out new vehicles, with some popular models set to be delivered t...
Oct 06, 2021 (Gmt+09:00)
Food triggers next phase of global K-culture craze
The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...
Oct 05, 2021 (Gmt+09:00)
Next K-wave in Asia: Convenience stores
When South Korean major convenience store chain CU opened its first branch in Malaysia on April 1, there was a queue of more than 100 meters to get ...
Oct 05, 2021 (Gmt+09:00)
Samsung's cash reserves dwindle on increased R&D, other investments
Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the ...
Oct 04, 2021 (Gmt+09:00)