LG Energy faces reality check as its stock turns a market laggard
South Korean battery maker LG Energy Solution Ltd. was touted as a market darling even before its Kospi debut last month, reflecting the investor fr...
Skincare giant Cosmax adds pet care line
South Korea’s beauty products manufacturer Cosmax Inc. has entered the rapidly growing pet products market.The company specializes in receiv...
Tougher sanctions on Russia put S.Korean exporters on high alert
As the US and its allies are toughening up sanctions against Russia, South Korean exporters of smartphones, home appliances to automobiles are raisi...
China’s Geely challenges Hyundai with entry to Korea’s e-truck market
China’s largest privately owned carmaker Zhejiang Geely Holding Group Co. is entering South Korea’s electric truck market to compete wit...
LG Electronics to pull out of solar panel market
South Korea's LG Electronics Inc. said on Wednesday it has decided to close its solar panel business in the face of deepening competition and sluggi...
Korean battery sector to heat up IPO market again
South Korea’s battery industry is expected to heat up the initial public offering market later this year as battery materials and equipment ma...
K-beauty vegan rebel Dear Dahlia in Paris' Galeries Lafayette
South Korean cosmetics brand Dear Dahlia successfully opened a boutique in Europe’s largest department store in 2019 – just two years ...
Chicken startup shakes up crowded market with robotic arms
Preparing fried chicken requires a simple, but laborious process: Placing pieces of chicken on dough and frying powder; putting them into an iron ba...
US Novelis to build $53 mn aluminum recycle center in Korea
Novelis Inc., the world’s top aluminum recycler, is set to invest $53 million in another recycling and casting center in South Korea to meet t...
LG recruits former WH deputy chief of staff Joe Hagin for govt relations
LG Corp. announced on Sunday that the group has recruited former White House deputy chief of staff Joe Hagin for its Washington D.C. office. Ha...
SK On aims to dominate global battery market by 2030
SK On Co. is on track to become the world’s No. 1 battery maker by 2030, the company said on Sunday. During an interview with the in-ho...
Samsung, LG dominate global TV market with premium models
South Korea’s two home appliances giants – Samsung Electronics Co. and LG Electronics Inc. – dominated the global TV markets last ...
Samsung SDS joins hands with Amazon for global cloud business
Samsung SDS Co., South Korea’s information technology service company, is set to expand its global cloud service business in cooperation with ...
LG Energy acquires ESS company in US from Japan's NEC
LG Energy Solution Ltd. has acquired US-based NEC Energy Solutions to expand its capabilities into the energy storage system (ESS) integration mar...
Game stocks plunge in S. Korea, US
Game shares in South Korea and the United States have plunged, hit by worse-than-expected earnings. Online game developers in Korea have also b...
Korean biotech startup signs license deal with US firm
South Korea's biotech startup Novelty Nobility Inc. has signed a global license agreement for its antibody treatment candidate with a US biopharmace...
Shinsegae acquires Napa Valley winery Shafer Vineyards for $250 million
South Korea’s retail giant Shinsegae Inc. has acquired US winery Shafer Vineyards for $250 million to consolidate its leadership in the domest...
Thoma Bravo may attract $200 mn from NPS, KTCU
National Pension Service (NPS), Korean Teachers’ Credit Union (KTCU) and other institutional investors of South Korea are likely to contribute...
KAIST Holdings to open US offices with $8.4 bn value in mind
The Korea Advanced Institute of Science and Technology (KAIST) on Tuesday announced the blueprint to strengthen its foothold in the United States an...
NCSoft's 2021 profit halves on labor, marketing costs
South Korea's NCSoft Corp., the publisher of the popular mobile game Lineage series, on Tuesday reported a worse-than-expected operating profit in 2...
Stockbridge names former NPS real estate expert as its MD
Stockbridge Capital Group LLC, a US real estate investment firm, announced on Feb. 10 that David Park has joined the firm as a managing director. ...
Korean money flows to China exceed investment in North America
South Korean money inflows to Chinese stocks exceeded investment in North America as sluggish US shares spurred investors to bet on a recovery in th...
Samsung regains top spot in SE Asia smartphone market
Samsung Electronics Co. outpaced Chinese rival Oppo last year to regain the top spot in the smartphone market in four major Southeast Asian countrie...
Hyundai Steel supplies high-strength steel for Genesis G80 EV, G90
Hyundai Steel Co. is supplying its newly developed ultra-high-strength steel sheets for car bodies to Hyundai Motor Co. for its electric vehicles an...
Samsung hires ex-US Amb. Lippert as PR chief for N.American business
WASHINGTON D.C. – Samsung Electronics Co. has hired Mark Lippert, former US ambassador to South Korea, as an executive in charge of corporate ...
Korean VCs bet big on pet care startups
Startups in the pet industry are gaining traction on the back of a rising number of pet owners in South Korea. Industry insiders say several pe...
Nuvilab uses the latest tech to tackle age-old issue of food waste
South Korea’s food data analysis firm Nuvilab, Inc. is not a household name – at least yet. The startup is rather familiar to investors...
Singapore approves Korean Air-Asiana combination
Singapore’s antitrust authority approved the integration of Korean Air Lines Co. and Asiana Airlines Inc., paving the way for South Korea&rsqu...
Hyundai to take fresh crack at Japan market with online EV sales
TOKYO – Hyundai Motor Co. is reentering the Japanese car market after a 12-year hiatus with its latest electric vehicles, as the growing deman...
Korea’s reopening stocks shine despite surging Omicron cases
South Korea’s reopening stocks rallied even as the local COVID-19 cases hit record-highs with the spread of the Omicron variant. Investors rai...
