Samsung Venture Investment
Scope
Date
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Business & Politics
Samsung leader Lee, Intel CEO Gelsinger discuss chip alliance
Samsung Group’s de facto leader Jay Y. Lee on Monday met with visiting Intel Corp. Chief Executive Pat Gelsinger in Seoul to explore ways to f...
May 30, 2022 (Gmt+09:00)
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Real estate
KTCU posts $141 mn return via landmark office exit
The sale of South Korea’s landmark office Alpharium Tower has been completed for 1.02 trillion won ($827.3 million), marking a record-high pri...
May 30, 2022 (Gmt+09:00)
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Batteries
Why batteries were left out of Samsung's huge investment plan
Citigroup Global Markets on Monday slashed its target price for Samsung SDI Co., one of South Korea's top three battery makers, by almost half and d...
May 30, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Iljin Materials aims to complete stake sale in August
Iljin Materials Co., a South Korean electric vehicle battery materials maker, accelerated the process of the sale of a majority stake in a deal esti...
May 30, 2022 (Gmt+09:00)
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Corporate investment
CJ to beef up content, K-food sector with $9.7 billion investment
South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. and entertainment giant CJ E...
May 30, 2022 (Gmt+09:00)
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Pre-IPOs
Kakao Entertainment’s fundraising plan hits roadblock
Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp., is struggling to raise money as surging inflation and ri...
May 27, 2022 (Gmt+09:00)
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Pension funds
GEPS taps Samsung Life's alternative investment head as CIO
Government Employees Pension Service (GEPS) of South Korea has named Baek Joo-hyun, former alternative investment head at Samsung Life Insurance Co....
May 27, 2022 (Gmt+09:00)
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Construction
Samsung Eng. wins plant design deal from Texas LNG
South Korea’s Samsung Engineering Co. has won a deal to design a liquefied natural gas plant in Texas, taking a step forward to secure a turnk...
May 27, 2022 (Gmt+09:00)
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Energy
S&P lowers KEPCO’s stand-alone credit rating to non-investment grade
Standard & Poor's (S&P), an international credit rating agency, has lowered Korea Electric Power Corp.'s stand-alone credit profile to non-i...
May 27, 2022 (Gmt+09:00)
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Behind the Scenes
Samsung in do-or-die race with $355 bn spending plan
"It's not a matter of numbers, but a matter of do or die for us."This is the first public remark from Samsung Electronics Co. Vice Chairman and de f...
May 26, 2022 (Gmt+09:00)
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Corporate investment
LG bets $34 bn on battery, automotive electronics biz for its future
LG Group, South Korea’s fourth-largest conglomerate, is set to pour $34 billion into the battery, automotive electronics and other future grow...
May 26, 2022 (Gmt+09:00)
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Corporate investment
SK takes aim at chips, batteries, bio with $195 billion investment
SK Group, South Korea’s second-largest conglomerate after Samsung, on Thursday announced a plan to invest 247 trillion won ($195 billion) in k...
May 26, 2022 (Gmt+09:00)
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Venture capital
Venture capital heavyweights tighten belts after 13-year spending spree
Venture capital firms at home and abroad are tightening their belts, following growing concerns over inflation and continued interest hikes by maj...
May 26, 2022 (Gmt+09:00)
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Sovereign wealth funds
KIC, PE firm WWG to invest $450 mn in equipment maker Duravant
Korea Investment Corporation (KIC), the South Korean sovereign wealth fund, and private equity firm White Whale Group (WWG) are slated to jointly in...
May 26, 2022 (Gmt+09:00)
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Corporate investment
Doosan to ramp up small nuclear reactor investment
Doosan Group will invest 5 trillion won ($4 billion) over the next five years, primarily in next-generation energy sectors such as small module reac...
May 25, 2022 (Gmt+09:00)
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Korean startups
Childcare app Piloto aims to instill healthy device use
Childcare app operator Piloto won first place at the May startup demo event hosted by D.Camp. The startup accelerator’s parent company,...
May 25, 2022 (Gmt+09:00)
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Corporate investment
Hanwha to boost defense, aerospace biz with $2.1 bn spending
Hanwha Group, South Korea’s chemical-to-financial conglomerate, is set to invest 37.6 trillion won ($29.8 billion) in future growth sectors su...
May 25, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Why Iljin Materials' CEO has put a majority stake up for sale
Iljin Materials Co., a South Korean supplier of electric vehicle battery materials, has put a majority stake up for sale, which is estimated at arou...
May 24, 2022 (Gmt+09:00)
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Electronics
Samsung further expands global TV market share in Q1
Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...
May 24, 2022 (Gmt+09:00)
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Corporate investment
Samsung to invest $355 billion in chip, biotech, 6G over five years
South Korea’s top conglomerate Samsung has unveiled a plan to invest 450 trillion won ($355 billion) over the next five years in strategic sec...
May 24, 2022 (Gmt+09:00)
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Batteries
Samsung SDI, Stellantis pick Indiana for US EV battery plant
Samsung SDI Co., the world’s sixth-largest battery maker, and Dutch-domiciled multinational automaker Stellantis N.V. picked the state of...
May 24, 2022 (Gmt+09:00)
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Pension funds
Alternative investment market at inflection point, says Suhyup CIO
Some major institutional investors in South Korea are set to increase alternative investments this year to hedge inflation and stabilize cash flows....
May 24, 2022 (Gmt+09:00)
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Venture capital
Humbling experience leads to VC success – LG Tech Ventures CEO
Kim Dong-su, CEO of Silicon Valley-based LG Technology Ventures said that the failures he experienced while working at a boutique investment firm ha...
May 24, 2022 (Gmt+09:00)
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ASK 2022
Military fund steps up premium asset investment in developed countries
The Military Mutual Aid Association (MMAA) of South Korea will focus on portfolio diversification this year while increasing investment in growth se...
May 23, 2022 (Gmt+09:00)
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Korean startups
Startup accelerator D.Camp generates $22 billion in value in 10 years
Since its inception in 2012, the Banks Foundation for Young Entrepreneurs has generated more than $28 trillion won ($22 billion.)The goal of the fou...
May 23, 2022 (Gmt+09:00)
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ASK 2022
Hyundai Marine sees huge potential in global data centers
Hyundai Marine & Fire Insurance Co. of South Korea is seeking investment opportunities for distressed and special situation strategies with a se...
May 23, 2022 (Gmt+09:00)
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ASK 2022
POBA targets upper-middle market in North America for PD investment
Public Officials Benefit Association (POBA) of South Korea will keep its conservative stance in both private equity and private debt investment, whi...
May 23, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai to invest $10.5 bn in US EV, future mobility sectors
Hyundai Motor Group, South Korea’s top automaker, unveiled plans to spend $10.5 billion on the auto industry in the US through 2025 as it aims...
May 22, 2022 (Gmt+09:00)
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Machinery
Korean agricultural machinery maker to expand US production
South Korea’s major farm machinery maker is set to invest $20 million in manufacturing facilities in the US state of Georgia, to expand its bu...
May 22, 2022 (Gmt+09:00)
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Business & Politics
Yoon, Biden highlight 'economic security alliance' following Samsung tour
South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...
May 20, 2022 (Gmt+09:00)
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Latest News
- 1 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators