US investment
Scope
Date
~
-
Tech, Media & Telecom
LG CNS' marketing platform MOP surpasses 800 corporate customers
South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Thursday that its Marketing Optimization Platform (MOP), la...
May 23, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Lunit buys breast cancer detection AI firm Volpara Health
Lunit Inc., a South Korean cancer diagnostics AI company, has completed the acquisition of Volpara Health Technologies Ltd., a New Zealand-based AI ...
May 22, 2024 (Gmt+09:00)
-
Investment banking
Korea Investment to expand CLO portfolio with Anchorage Capital
Korea Investment & Securities Co. will scale up its collateralized loan obligation (CLO) business with New York-based investment firm Anchorage ...
May 22, 2024 (Gmt+09:00)
-
Pension funds
POBA favors data centers, senior housing in Europe: CIO
South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 trillion won ($19.1 bill...
May 22, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
HD Hyundai Marine Solution builds ship smartcare center in Busan
South Korea's HD Hyundai Marine Solution Co. established an HD SmartCare Busan Center for ship lifecycle management services and begun full-scale op...
May 22, 2024 (Gmt+09:00)
-
Automobiles
Korea’s Mobase to build US plant as it wins $733 mn Hyundai deal
SUWON, Gyeonggi Province -- Mobase Electronics Co., a South Korean automotive electronics parts maker, is planning to establish a plant in the US as...
May 21, 2024 (Gmt+09:00)
-
Aerospace & Defense
SM Bexel supplies $14.7 mn lithium ampoule batteries to KDI
SM Bexel Co., the battery manufacturing arm of South Korea's SM Group, announced on Tuesday that it signed a supply contract worth 20 billion won ($...
May 21, 2024 (Gmt+09:00)
-
Sovereign wealth funds
KIC eyes direct lending with high return potential: CEO
Sovereign wealth fund Korea Investment Corporation (KIC) seeks opportunities in direct lending for companies that are not cyclically sensitive and g...
May 21, 2024 (Gmt+09:00)
-
Korean stock market
Korea Inc. nearly triples dividend payments in decade
Cash dividend payments by companies listed on the Korea Exchange, the country's main bourse, have nearly tripled in a decade. They have returned a l...
May 21, 2024 (Gmt+09:00)
-
Pension funds
NPS to spur buyout, VC in US tech sector: chairman
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, will speed up its private equity (PE) investments ...
May 21, 2024 (Gmt+09:00)
-
Artificial intelligence
Conversational AI startup Rapeech attracts $4.4 mn investment
South Korean conversational artificial intelligence (AI) startup Rapeech announced on Sunday that it attracted an investment of 6 billion won ($4....
May 20, 2024 (Gmt+09:00)
-
Corporate investment
SK seeks to sell 13.3% stake in Chinese food firm Joyvio
SK Inc., the holding company of South Korea’s second-largest business group SK, is in talks with Joyvio Group to sell its entire 13.3% stake i...
May 20, 2024 (Gmt+09:00)
-
Steel
SeAH to invest $155.3 mn to build special alloy plant in US
SeAH Group, South Korea’s major steel group said to be a steel supplier to SpaceX, is set to foray deeper into the US, the world’s bigge...
May 16, 2024 (Gmt+09:00)
-
Business & Politics
KCCI to support Korean companies expanding into US
The Korea Chamber of Commerce and Industry (KCCI) partnered with the Korean American Chamber of Commerce of Los Angeles (KACCLA) to address th...
May 16, 2024 (Gmt+09:00)
-
Korean stock market
Record $259 bn yet to find investment targets in South Korea
South Koreans parked a record 350 trillion won ($259 billion) in cash-equivalents such as money market funds (MMFs) as they failed to find investmen...
May 16, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung Galaxy 5G phone tops ACSI in US
Samsung Electronics Co.'s Galaxy smartphone caught Apple in the cell phone manufacturer lead, taking the top spot among 5G phones, according to The ...
May 16, 2024 (Gmt+09:00)
-
Bio & Pharma
OCI eyes acquisition of US biopharmaceutical company
OCI Holdings Co., South Korea’s largest polysilicon maker, is looking abroad to acquire a biopharmaceutical company in the US in a consortium,...
May 14, 2024 (Gmt+09:00)
-
Food & Beverage
Nongshim to open stores in Leclerc, Carrefour; expands plant in US
Nongshim Co., a leading South Korean instant noodle maker, said on Tuesday it is setting up stores within France’s two largest supermarket cha...
May 14, 2024 (Gmt+09:00)
-
Investment banking
Deutsche Bank's Korea IB head quits after country head resigns
Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...
May 13, 2024 (Gmt+09:00)
-
Economy
Korea’s household debt growth at 5-month high on mortgages
South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...
May 13, 2024 (Gmt+09:00)
-
Bio & Pharma
MedInTech attracts $14.6 mn series B investment
MedInTech Inc., South Korea's medical smart endoscopes startup, announced on Monday that it attracted a series B investment of 20 billion won ($14.6...
May 13, 2024 (Gmt+09:00)
-
Corporate investment
Korea Zinc to invest $146 mn in green business R&D hub
Korea Zinc Inc., South Korea’s and the world’s No. 1 lead and zinc smelter, will build its second research and development center, which...
May 13, 2024 (Gmt+09:00)
-
Infrastructure
Macquarie Korea Asset Management confirms two nominees
Macquarie Group has named two executives at its Seoul-based real asset investment unit, which manages the main Kospi-listed Macquarie Korea Infrastr...
May 10, 2024 (Gmt+09:00)
-
Beauty & Cosmetics
Beauty store chain CJ Olive Young to launch Japan unit
CJ Olive Young Corp., South Korea’s largest beauty store chain, will set up a subsidiary in Japan in the first half of this year to mark its f...
May 10, 2024 (Gmt+09:00)
-
Electronics
Samsung hits highest US smartphone market share in 4 years
Samsung Electronics Co. has achieved its highest market share in the US smartphone market in four years, thanks to its first AI phone the Galaxy S24...
May 10, 2024 (Gmt+09:00)
-
Corporate investment
Shinhan, POSCO invest $20 mn in Australian hydrogen startup Hysata
South Korean steel giant POSCO Holdings Inc. and banking conglomerate Shinhan Financial Group have invested a combined US$20 million in Australian g...
May 10, 2024 (Gmt+09:00)
-
Artificial intelligence
DeepX attracts $80 mn new investment
DeepX, South Korea's homegrown neural network and AI chip developer, announced on Friday that it finalized attracting an investment of 110 billion w...
May 10, 2024 (Gmt+09:00)
-
Artificial intelligence
Samsung SDS unveils supply chain solution in US
South Korea's Samsung SDS Co. introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Fl...
May 10, 2024 (Gmt+09:00)
-
The KED View
Japan’s heavy hand with Naver: Uneasy sign for market economy
Recent actions by the Japanese government and chief executives of LY Corp. and SoftBank Corp. are raising eyebrows, leading many to question whether...
May 10, 2024 (Gmt+09:00)
-
Robotics
Korea’s Koh Young to launch brain surgery robot in US in 2025
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, aims to launch a brain surge...
May 09, 2024 (Gmt+09:00)
Latest News
- 1 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 2 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 3 Korea to allow non-profits to buy bad consumer loans
- 4 LG to drive future growth in emerging markets with battery prowess
- 5 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties