S.Korea's KOTRA sends chip investment survey team to Texas
The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) on Tuesday said it dispatched to Texas a survey team for semiconductor in...
Samsung, SK Hynix asked to swallow tough pill over US CHIPS Act
WASHINGTON, D.C. – South Korean chipmakers on Tuesday expressed deep concerns about the detailed guidelines of the US CHIPS and Science ...
Korean startup investments rapidly dry up in wake of SVB debacle
The shock from the collapse of American startups’ main financing artery Silicon Valley Bank (SVB) has been deeply felt in the South Korean sta...
Hanwha to build solar cell components plant in Georgia
South Korea’s Hanwha Advanced Materials Corp. will spend $147 million to build a solar panel components plant in the US state of Georgia, acco...
SK Innovation invests an extra $50 million in US clean energy firm Amogy
South Korea’s SK Innovation Co. has newly invested $50 million in Amogy Inc., a US ammonia-based power system developer, to expand its green b...
EV fast-charging company Crocus succeeds in $5 mn Series B funding
Crocus Inc., a South Korean startup focused on energy infrastructure and leveraging artificial intelligence (AI), announced on Wednesday that it rai...
LB Investment draws record demand from individual investors
LB Investment Inc., a venture capital firm associated with the LG founder's family, has achieved a remarkable competition rate of over 1,000 to 1 fo...
S.Korean LPs name 41 best alternative asset managers
Blackstone, Hamilton Lane, HarbourVest Partners and Audax Private Equity were jointly named the most preferred PE firms by South Korean institutional ...
SK Pharmteco again seeks $382 mn in pre-IPO funding
SK Pharmteco Co., a contract development and manufacturing organization (CDMO), is eyeing pre-initial public offering funding again after it dropped...
Samsung gets $191 million profit valuation from investment in Rainbow Robotics
Samsung Electronics Co. is found to have earned 250 billion won ($191 million) in profit valuation from its investment made two months ago in Rainbo...
Korean aircraft maker KAI earmarks $3.4 bn in R&D investment by 2032
Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is set to pour 4.5 trillion won ($3.4 billion) into ...
LG Elec to spend over $4 bn on capex in 2023, biggest in a decade
LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...
MBK to acquire Korea’s top FCCL maker NexFlex for $407 mn
MBK Partners agreed to buy NexFlex Co., South Korea’s top flexible copper-clad laminates (FCCL) producer, as the leading Northeast Asian priva...
Samsung Biologics to invest $1.5 bn for 5th CDMO factory
Samsung Biologics Co. is slated to inject 2 trillion won ($1.5 billion) to build its fifth plant in South Korea. It will be a fast follow-up investm...
ESG: Name of the game in investing, funding amid Korea’s green push
With South Korea’s aggressive green push at both the government and corporate levels, money is flowing back to environmental, social and gover...
LB Investment draws record demand in IPO bookbuild
LB Investment Inc., formerly known as LG Group’s venture capital arm, has attracted the most orders ever for an initial public offering of a S...
Sales of state-sponsored Korean startups up 40% in 2022
South Korean startups sponsored by the government’s information and communication technology acceleration program, dubbed K-Global Project, sa...
S.Korea’s NPS taps investment strategy head as NY office chief
South Korea’s National Pension Service (NPS) is slated to undergo a management reshuffle for the first time since Chief Investment Officer Seo...
Naver D2SF invests in 3D avatar-based communication startup
Naver's startup-nurturing organization, D2 Startup Factory (D2SF), announced on Wednesday its investment in Goodgang Labs, a company focused on de...
TravelWallet succeeds in attracting $15 mn Series C funding
South Korea's TravelWallet, a global payment service provider, announced on Wednesday that it has raised 19.7 billion won ($15 million) in Series C ...
Global macro investing to revive for more volatile age: M&G
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they inv...
South Korea says US Chips Act subsidies have too many requirements
SEOUL—The U.S. Chips Act is dangling billions of dollars in subsidies in front of the world’s biggest semiconductor manufactur...
S.Korea's Prestige Biologics attracts $59 mn overseas investment
Prestige Biologics Co., a South Korean biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Tuesday th...
S.Korean biotech NKMax’s unit aims for US IPO
NKMax Co., a South Korean cancer drug maker, is in talks with local and foreign investors in a bid to list its California-based unit NKGen Biotech I...
Qoo10 to buy another Korean rival for unit’s Nasdaq listing
Southeast Asia-based e-commerce platform Qoo10 Pte. Ltd. is poised to take over a smaller South Korean rival through a stock swap deal, in a bid to ...
Samsung’s Jay Y. Lee walks on tightrope in US, China investments
BEIJING – Samsung Group leader Jay Y. Lee plans to attend the China Development Forum later this month for the first time as the South Korean ...
S.Korean sovereign wealth fund KIC to set up Mumbai office
Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...
Samsung chief Lee vows bold investment to bolster chip R&D capabilities
Samsung Electronics Co. Chairman Jay Y. Lee pledged another bold investment in the world’s largest memory chipmaker’s next-generation se...
KB Financial Group injects $385.6 million into S.Korea’s real estate PF
South Korea’s KB Financial Group on Monday said it will provide liquidity support for the domestic market for real estate project financing (P...
H2O Hospitality signs MOU with Ministry of Investment of Saudi Arabia
H2O Hospitality Ltd., a South Korean company specializing in digital transformation in the hospitality and leisure industries, announced on Monday t...
