World’s Best Companies
Scope
Date
~
-
Corporate strategy
Woongjin reborn as IT solution company beyond education firm
Woongjin Co., better known as the home-study workbook brand Woongjin ThinkBig in South Korea, has been transforming into an information technology s...
May 07, 2024 (Gmt+09:00)
-
Automobiles
Genesis beats BMW to rival Mercedes in Korea's premium segment
In South Korea, esteemed German auto brands BMW and Mercedes-Benz have for years been the top two brands vying for the hearts of luxury car buyers, ...
May 07, 2024 (Gmt+09:00)
-
Korean startups
S.Korea’s largest startup fair NextRise to be held in June
The Korea International Trade Association announced on Tuesday that the largest domestic startup fair in South Korea, NextRise 2024 Seoul," will be ...
May 07, 2024 (Gmt+09:00)
-
Energy
Qcells launches commercial operations at new plant in Georgia, US
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group known as Qcells in overseas markets, ha...
May 07, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
HMM gets Platinum ESG rating from EcoVadis
HMM Co., South Korea’s flagship sea carrier, announced on Tuesday that it achieved the Platinum rating from EcoVadis, a global environmental, ...
May 07, 2024 (Gmt+09:00)
-
Bio & Pharma
S.Korean anti-obesity drugmakers eye niche demand
The global weight management market has entered a new chapter following the arrival of blockbuster weight-loss medication Wegovy, and South Korean l...
May 07, 2024 (Gmt+09:00)
-
Electronics
Samsung Electronics unveils 114-inch Micro LED
Samsung Electronics Co. announced on Tuesday that it unveiled its 114-inch Micro LED to expand its Micro LED lineup to include 89-inch, 101-inch.&nb...
May 07, 2024 (Gmt+09:00)
-
Korean chipmakers
Samsung sets up team to win AI chip deal from Nvidia
Samsung Electronics Co., the world’s top memory chipmaker, established a team for a billions-of-dollars high-bandwidth memory chip supply deal...
May 06, 2024 (Gmt+09:00)
-
Business & Politics
Japan’s request for Naver to shed Line control ‘unprecedented': CEO
TOKYO – South Korea’s tech giant Naver Corp. said on Friday that Japan’s administrative guidance for Naver to sell down its contro...
May 03, 2024 (Gmt+09:00)
-
Hydrogen economy
Hyundai to expand US hydrogen truck business with California nonprofit
Hyundai Motor Co., South Korea’s top automaker, is gearing up its hydrogen truck business in the US by teaming up with a California nonprofit ...
May 03, 2024 (Gmt+09:00)
-
Bio & Pharma
Samsung Life Science invests in US biotech firm Latus Bio
Samsung Life Science Fund, managed by Samsung Group’s venture investment arm, has invested in US biotechnology firm Latus Bio Inc. during the ...
May 03, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Woori Financial acquires Korea Foss Securities to offer brokerage services
Woori Financial Group Inc., South Korea’s fourth-largest financial services group, has acquired Korea Foss Securities Co., paving the way for ...
May 03, 2024 (Gmt+09:00)
-
Korean chipmakers
Sapeon to supply NPU IP to Telechips
Sapeon Inc., the artificial intelligence (AI) chip subsidiary of South Korea's SK Telecom Co., announced on Friday that it will supply its AI semico...
May 03, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Osstem to buy Brazil’s No. 3 dental implant maker Implacil
South Korea’s Osstem Implant Co., the world’s fourth-largest dental implant maker, is slated to acquire Brazilian peer Implacil De Borto...
May 03, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
HD KSOE wins $286mn order for four MGCs
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced on Thursday that it signed a contract w...
May 03, 2024 (Gmt+09:00)
-
Economy
OECD sharply revises up S.Korea GDP forecast after strong Q1
The Organisation for Economic Co-operation and Development (OECD) forecasts South Korea’s economy to expand at a faster pace than it previousl...
May 02, 2024 (Gmt+09:00)
-
Banking & Finance
S.Korea’s Lotte Card injects $68 mn into Vietnamese unit
Lotte Card Co., South Korea’s No. 5 credit card issuer, has injected $68 million into its Vietnamese unit to expand its business in the Southe...
May 02, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Rakuten backs S.Korea’s new mobile carrier Stage X
South Korea’s fledgling mobile carrier Stage X Co. has teamed up with relatively new Japanese mobile company Rakuten Group to crack Korea&rsqu...
May 02, 2024 (Gmt+09:00)
-
Bio & Pharma
Lunit, Radiobotics team up to enter EMEA markets
South Korean medical AI company Lunit announced on Thursday that it partnered with the Danish musculoskeletal AI diagnostics company Radiobotics ApS...
May 02, 2024 (Gmt+09:00)
-
Korean chipmakers
SK Hynix’s HBM chip orders fully booked; 12-layer HBM3E in Q3: CEO
ICHEON, Gyeonggi Province – SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Thursday i...
May 02, 2024 (Gmt+09:00)
-
Bio & Pharma
Celltrion to supply Remsima, Herzuma to Peru
South Korea's Celltrion Inc. announced on Thursday that it secured a contract to supply its biosimilars for autoimmune disease treatment and antican...
May 02, 2024 (Gmt+09:00)
-
Aerospace & Defense
Hyundai Rotem closer to supplying armored vehicles to Peru
Hyundai Rotem Co., a South Korean defense equipment and locomotive maker, has moved a step closer to exporting its wheeled armored vehicles, core to...
May 02, 2024 (Gmt+09:00)
-
Machinery
LS Electric wins $23 mn order for Thai railway signal system
South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...
May 02, 2024 (Gmt+09:00)
-
Energy
Doosan Enerbility to export nuclear plant equipment to Romania
South Korea's major power plant builder Doosan Enerbility Co. said on Thursday it won a contract with Canadian nuclear reactor manufacturer Candu ...
May 02, 2024 (Gmt+09:00)
-
Economy
Korea’s headline inflation dips below 3% in April but erratic
South Korea’s headline inflation dipped below 3% for the first time in three months last month but uncertainty lingers from still-high agricul...
May 02, 2024 (Gmt+09:00)
-
Petrochemicals
HD Hyundai Oilbank to supply ultra-low sulfur diesel to Guam
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, announced on Wednesday that it secured a contract to supply 7.2 million ...
May 02, 2024 (Gmt+09:00)
-
Waste management
SK Geo reconsiders extent of $1.3 bn plastic recycling plant project
South Korea’s SK Geo Centric Co. is reconsidering how much it will invest in a planned $1.3 billion waste plastic recycling complex project in...
May 02, 2024 (Gmt+09:00)
-
Chemical Industry
LG Chem, Saudi’s Alkhorayef join hands for seawater project
LG Chem Ltd. on Wednesday signed an agreement with Saudi Arabia’s Alkhorayef Group to build a water treatment plant in the Middle Eastern nati...
May 01, 2024 (Gmt+09:00)
-
Real estate
S.Korea’s project financing exposure reaches $145 bn
South Korean financial services companies and construction firms are exposed to a combined 200 trillion won ($145 billion) worth of potential risks ...
Apr 30, 2024 (Gmt+09:00)
-
Aerospace & Defense
Hanwha Systems to build Jeju Hanwha Space Center
South Korea's Hanwha Systems Co. announced plans on Monday that it plans to establish the Jeju Hanwha Space Center in Jeju Special Self-Governing Pr...
Apr 30, 2024 (Gmt+09:00)
Latest News
- 1 Google to invest $100 mn in Gentle Monster in smart glasses push
- 2 Growth equity portfolio largely shielded from policy headwinds: Summit
- 3 Naver Financial seeks to acquire S. Korean real estate data platform Asil
- 4 KakaoBank shares surge on Thai virtual bank approval
- 5 Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma