NPS picks Hillhouse Capital for private equity investment in Q3

NPS picks Hillhouse Capital for private equity investment in Q3

South Korea’s National Pension Service (NPS) selected private equity giant Hillhouse Capital Group in the third quarter of this year for its...

Samsung’s new auto chip mounted in Volkswagen’s infotainment system

Samsung’s new auto chip mounted in Volkswagen’s infotainment system

Samsung Electronics Co. is supplying one of its latest advanced chips to Volkswagen AG for the German carmaker’s in-vehicle infotainment syste...

Samsung to adopt flatter hierarchy to lure young talent

Samsung to adopt flatter hierarchy to lure young talent

Samsung Electronics Co. on Monday announced a set of drastic steps to reduce bureaucracy and hierarchical management at the world's top memory chip ...

US activist fund to face off with IMM PE over Hanssem

US activist fund to face off with IMM PE over Hanssem

Teton Capital Partners, a US-based activist fund, has taken legal action to block IMM Private Equity from exercising its management rights over Hans...

Samsung orders US chips, with a side of geopolitics

Samsung orders US chips, with a side of geopolitics

Every country wants a cutting-edge semiconductor plant. Samsung Electronics’ plan to build one in the U.S. is taking advantage of th...

Samsung’s $17 billion new chip plant in Taylor aims to rein in TSMC

Samsung’s $17 billion new chip plant in Taylor aims to rein in TSMC

Samsung Electronics Co. has officially announced its plan to build a $17 billion chipmaking plant in Taylor, Texas, as the tech giant aims to overta...

HealthQuest picks Korea’s Lunit for first investment in Asia

HealthQuest picks Korea’s Lunit for first investment in Asia

HealthQuest Capital, a major US healthcare-focused venture growth fund, made its first investment in Asia along with other venture capitalists by pu...

Samsung, Hynix notch best day this year; metaverse to drive chip demand

Samsung, Hynix notch best day this year; metaverse to drive chip demand

Shares of South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., have staged a strong rebound on an industry prospec...

Samsung, Korea Post create $336 mn overseas alternative investment fund

Samsung, Korea Post create $336 mn overseas alternative investment fund

South Korea's largest insurance company Samsung Life Insurance Co. and state-run postal savings and insurance agency Korea Post’s insurance ...

Samsung likely to announce US foundry investment plan this week

Samsung likely to announce US foundry investment plan this week

Samsung Electronics Co. is expected to announce an investment plan for its second US-based semiconductor foundry plant this week. As the South Kor...

Korea stocks see $2 bn inflow, stoking hopes for a foreigner comeback

Korea stocks see $2 bn inflow, stoking hopes for a foreigner comeback

Foreign investors have absorbed $2 billion in South Korean stock markets so far in November, spurring hopes of a foreign comeback, although doubts r...

Samsung Biologics wins another Eli Lilly COVID treatment order

Samsung Biologics wins another Eli Lilly COVID treatment order

Samsung Biologics Co., a global contract development and manufacturing organization (CDMO), has stepped up its partnerships with global big pharmas ...

Legendary chip architect Jim Keller may team up with Samsung Electronics

Legendary chip architect Jim Keller may team up with Samsung Electronics

Samsung Electronics Co. on Thursday hosted its third annual foundry forum, a gathering of its partners around the world, where legendary chip archit...

K-bio's out-licensing this year reaches $9.3 bn

K-bio's out-licensing this year reaches $9.3 bn

Overseas technology transfers from South Korean biotechs and pharmaceutical manufacturers this year have exceeded 11 trillion won ($9.3 billion), al...

MBK sells Japan golf club to SoftBank's Fortress for $3.5 bn

MBK sells Japan golf club to SoftBank's Fortress for $3.5 bn

MBK Partners has sold Japan's largest golf course operator Accordia Next Golf to SoftBank's Fortress Investment Group for 400 billion yen ($3.5 bill...

Amazon poised for Fire tablet launch in Korea next year

Amazon poised for Fire tablet launch in Korea next year

Amazon, the world’s largest online shopping mall, is set to release its own Fire tablets in South Korea from as early as next year, penetratin...

Samsung heir Lee on US trip for foundry investment, COVID vaccines

Samsung heir Lee on US trip for foundry investment, COVID vaccines

Jay Y. Lee, vice chairman and de facto leader of South Korea’s top conglomerate Samsung, has embarked on a business trip to North America to f...

Doosan near completing self-rescue plan with E&C sale

Doosan near completing self-rescue plan with E&C sale

South Korea's Doosan Group is near finalizing a deal to sell Doosan Engineering & Construction Co. (Doosan E&C) to a consortium led by Seoul...

Samsung unveils 2.5D chip packaging tech for high-end products

Samsung unveils 2.5D chip packaging tech for high-end products

South Korea’s Samsung Electronics Co. has unveiled a new chip packaging technology, called H-Cube, which stacks high-performance chips in mu...

NPS selects four Korean VCs to invest 150 bn won

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...

CJ Cheiljedang to acquire Dutch bio firm Batavia for 195 million euros

CJ Cheiljedang to acquire Dutch bio firm Batavia for 195 million euros

CJ Cheiljedang Corp., a key subsidiary of South Korea’s food and entertainment conglomerate CJ Group, said on Monday it is acquiring Batavia B...

Daewoo Shipbuilding, Samsung Heavy win LNG carriers order from Qatar

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...

[ASK 2021] Blending US Core & Non-Core Investments to Capitalize on the High Conviction Industrial Sector

[ASK 2021] Blending US Core & Non-Core Investments to Capitalize on the High Conviction Industrial Sector

Blending Core & Non-Core Investments to Capitalize on the High Conviction Industrial Sector What is the current outlook and wh...

Sartorius to invest $300 mn in bio material, equipment plant in Korea

Sartorius to invest $300 mn in bio material, equipment plant in Korea

Sartorius AG, German laboratory equipment and raw material maker, is slated to invest $300 million in the next three years to build a plant in South...

AI human developer MINDs Lab aims for November IPO

AI human developer MINDs Lab aims for November IPO

South Korea’s top artificial intelligence (AI) developer MINDs Lab Inc. is aiming to list on the Kosdaq market within this month. While the ...

Wooyoungmi emerges as 'new luxury' menswear brand

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...

Specialty coffee brand Terarosa raises $60 mn from Unison Capital

Specialty coffee brand Terarosa raises $60 mn from Unison Capital

The operator of Terarosa, known as the Blue Bottle Coffee of South Korea, has received around 70 billion won ($60 million) in funding from Unison Ca...

SK Chem says no immediate plan to sell SK Bioscience stake

SK Chem says no immediate plan to sell SK Bioscience stake

SK Chemicals Co., the top shareholder of South Korea's SK Bioscience Co., is not considering reducing its stake in the vaccine maker in the immediat...

Samsung Heavy raises $1.1 bn in rights issue as planned

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...

SK Hynix in $492 million Key Foundry deal, doubles foundry capacity

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...

Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs K Shipbuilding up for sale as Korean shipyards ride new boom Samsung to buy US health tech firm Xealth in digital health push Korean waste management firm Koentec put on market for $730 mn US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement