South Korean companies
Scope
Date
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Mergers & Acquisitions
LG Chem closes $1 bn water filter division sale to Glenwood PE
LG Chem Ltd. said on Friday it has finalized the sale of its water filter business to Seoul-based Glenwood Private Equity for 1.4 trillion won ($1 b...
2 HOURS AGO
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Automobiles
Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
Motional Inc., the autonomous driving joint venture backed by Hyundai Motor Group, has appointed Laura Major, a veteran in artificial intelligence a...
2 HOURS AGO
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Korean chipmakers
Samsung supplies HBM3E to AMD’s new accelerators
Samsung Electronics Co. has delivered the fifth-generation high-bandwidth memory (HBM) to a major AI chip maker, Advanced Micro Devices Inc. (AMD), ...
4 HOURS AGO
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Mergers & Acquisitions
S.Korea’s No.1 dried seaweed firm Kwangcheonkim on market for $295 mn
Kwangcheonkim Co., South Korea’s largest seaweed producer with a history spanning over 50 years, is up for grabs in a deal that could fetch up...
Jun 12, 2025 (Gmt+09:00)
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Corporate restructuring
Lotte Chemical, HD Hyundai seek to combine naphtha cracking facilities
Lotte Chemical Corp. and HD Hyundai Co. are in talks to consolidate their naphtha cracking operations in South Korea’s Daesan petrochemical co...
Jun 11, 2025 (Gmt+09:00)
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Cryptocurrencies
South Korea accelerates stablecoin framework amid global race
Just one week after electing President Lee Jae-myung, an apparent backer of stablecoin adoption, South Korea is swiftly moving to clear the path for...
Jun 11, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Jollibee to buy chicken chain Norang Tongdak amid global K-food frenzy
Jollibee Foods Corp., a household name in Southeast Asia’s food market, has been named the preferred buyer of Norang Tongdak, a South Korean f...
Jun 11, 2025 (Gmt+09:00)
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Korean chipmakers
Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
In a move that could reshape the global memory industry’s competitive dynamics, Nvidia Corp. has chosen US chipmaker Micron Technology Inc. as...
Jun 10, 2025 (Gmt+09:00)
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Batteries
POSCO Future M breaks with China in cathode supply chain
GWANGYANG, SOUTH JEOLLA – POSCO Future M Co., South Korea’s leading battery materials maker, has secured itself a China-free cathode mat...
Jun 10, 2025 (Gmt+09:00)
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Real estate
GIC resumes Seoul Finance Center sale in major Korean property deal
Singapore’s sovereign wealth fund GIC is resuming the sale of Seoul Finance Center, a landmark office tower in Seoul's central business distri...
Jun 10, 2025 (Gmt+09:00)
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Business & Politics
South Korea’s Lee, China’s Xi agree on closer ties, peace on peninsula
South Korea’s newly elected President Lee Jae-myung and Chinese President Xi Jinping have agreed to strengthen strategic ties and enhance coop...
Jun 10, 2025 (Gmt+09:00)
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E-commerce
Coupang bids for Korean luxury market dominance with Farfetch
Coupang Inc., South Korea’s largest e-commerce player, is set to seize control of the country’s online luxury market with Farfetch amid ...
Jun 10, 2025 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
Hyundai Rotem Co., a South Korean defense company, is set to finalize a tank supply contract with Poland, with the deal's value nearly doubling &nda...
Jun 10, 2025 (Gmt+09:00)
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Business & Politics
Korea to allow non-profits to buy bad consumer loans
The Financial Services Commission (FSC) has proposed regulatory changes that would allow non-profit organizations to purchase bad loans from individ...
Jun 09, 2025 (Gmt+09:00)
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Batteries
LG to drive future growth in emerging markets with battery prowess
LG Group, South Korea’s fourth-largest conglomerate by assets, should step up its efforts to foster future growth with promising technologies,...
Jun 09, 2025 (Gmt+09:00)
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Business & Politics
S.Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
South Korea’s newly elected President Lee Jae-myung on Monday had his first official telephone conversation with Japanese Prime Minister Shige...
Jun 09, 2025 (Gmt+09:00)
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Arts
Maybe Happy Ending sweeps Tony Awards with six wins
"Maybe Happy Ending" swept the Tony Awards on Sunday, taking home six trophies, including for Best Musical, and the first time a Korean-originated p...
Jun 09, 2025 (Gmt+09:00)
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Business & Politics
S.Korea’s Lee to make diplomatic debut at G7 after phone call with Trump
South Korea’s new President Lee Jae-myung will attend the summit of the Group of Seven (G7) advanced countries in Alberta, Canada, next week, ...
Jun 08, 2025 (Gmt+09:00)
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Foreign exchange
US monitors NPS, sovereign funds in expanded currency surveillance
Washington will strengthen its monitoring of portfolio investments by pension and sovereign wealth funds of its trading partners as it broadens its ...
Jun 06, 2025 (Gmt+09:00)
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Tech, Media & Telecom
LG Display to invest $500 mn to boost smaller OLED output
LG Display Co., the world’s No. 1 manufacturer of large-sized organic light-emitting display (OLED), will invest about 700 billion won ($500 m...
Jun 05, 2025 (Gmt+09:00)
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Shareholder activism
Proxy voting rises in South Korea, but few vetoes cast
An increasing number of asset management firms in South Korea are more frequently exercising their voting rights at portfolio companies. Nevertheles...
Jun 05, 2025 (Gmt+09:00)
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E-commerce
Chinese e-commerce growth stalls in South Korea
Chinese e-commerce players’ rapid expansion into the South Korean online retail market is losing steam as their bang-for-the-buck products hav...
Jun 04, 2025 (Gmt+09:00)
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Electronics
Samsung teases new foldable phones with advanced AI
Samsung Electronics Co. will empower its next Galaxy Z foldable smartphones with advanced artificial intelligence features as it seeks to extend its...
Jun 04, 2025 (Gmt+09:00)
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Mergers & Acquisitions
KT&G seeks $200 mn acquisition of Nordic nicotine pouch maker
KT&G Corp. is in talks to acquire a leading nicotine pouch company in Northern Europe for about 300 billion won, or $200 million, investme...
Jun 04, 2025 (Gmt+09:00)
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Business & Politics
Liberal Lee Jae-myung wins election as South Korean president
South Korea’s liberal politician Lee Jae-myung has been elected the country's next president. Lee has pledged to revive Asia’s fourth-la...
Jun 03, 2025 (Gmt+09:00)
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Executive reshuffles
Ex-TSMC executive joins Samsung Foundry to lead US expansion
Samsung Electronics Co. has brought a former Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) executive on board to lead its North American fo...
Jun 02, 2025 (Gmt+09:00)
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Petrochemicals
S.Korea imports Canadian oil for 1st time under Trump's 2nd term
South Korea has imported crude oil from Canada for the first time amid escalating tariff tensions between the US and Canada since Donald Trump's ret...
Jun 02, 2025 (Gmt+09:00)
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Artificial intelligence
Samsung, Perplexity close to AI alliance: Bloomberg
Samsung Electronics Co. is reportedly in advanced talks to equip its next flagship Galaxy smartphone series with the artificial intelligence-powered...
Jun 02, 2025 (Gmt+09:00)
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Cryptocurrencies
World Vision becomes 1st Korean corporate entity to trade crypto
Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the Sout...
Jun 01, 2025 (Gmt+09:00)
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Shareholder value
Shinhan expands global IR push to woo foreign investors
Shinhan Financial Group Co. is stepping up efforts to attract foreign investors with back-to-back global investor relations (IR) campaigns, as South...
Jun 01, 2025 (Gmt+09:00)
Latest News
- 1 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 2 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 3 President Lee: Businesses at center of policy priorities for economic growth
- 4 Samsung supplies HBM3E to AMD’s new accelerators
- 5 Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds