customer service unit
Scope
Date
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Mergers & Acquisitions
HYBE barely ups SM stake in tender offer amid tensions with Kakao
HYBE Co. has raised its stake in the K-pop pioneer SM Entertainment Co. by merely 0.98% in a tender offer, after just one institution and minority i...
Mar 06, 2023 (Gmt+09:00)
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Airlines
S.Korea's Fly Gangwon kicks off international air cargo service
Fly Gangwon, a South Korean low-cost carrier, announced on Monday the launch of its international air cargo transportation service on the Taipei rou...
Mar 06, 2023 (Gmt+09:00)
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Alternative investments
Mirae Asset, music profit-sharing startup take on security token offerings
South Korea's Fingo Company, which runs the music revenue sharing platform Fingo, on Friday said it signed a memorandum of understanding (MOU) with ...
Mar 06, 2023 (Gmt+09:00)
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Electronics
LG Electronics makes 100 millionth unit of core motor for washing machines
LG Electronics Inc. on Sunday said it produced late last month its 112 millionth unit of the inverter direct drive (DD) motor for its washing machin...
Mar 06, 2023 (Gmt+09:00)
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Shareholder activism
KT&G’s hidden saviors in activist fight: In-house funds
KT&G Corp., the world’s fifth-largest tobacco maker, will likely get support from in-house shareholders in a battle against activist funds...
Mar 06, 2023 (Gmt+09:00)
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Food & Beverage
Lotte Chairman to return to beverage unit's boardroom
Lotte Group Chairman Shin Dong-bin is slated to return as an inside director of Lotte Chilsung Beverage Co., the group’s subsidiary and one of...
Mar 03, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion ex-Chairman Seo set to return to management; group stocks rally
South Korea’s biosimilar giant Celltrion Group’s founder and Honorary Chairman Seo Jung-jin is readying to return to management just two...
Mar 03, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems begins developing active protection system for combat vehicles
South Korea's defense and IT service company Hanwha Systems Co. will develop core technology for an active protection system (APS), or state-of-the-...
Mar 03, 2023 (Gmt+09:00)
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Healthcare
Kakao Healthcare to launch diabetes monitoring app
South Korea’s dominant mobile platform Kakao Corp. will kick off its healthcare services this year with the launch of a diabetes monitoring ap...
Mar 03, 2023 (Gmt+09:00)
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Advertising & Marketing
S.Korea's Igaworks inks deal with Thai ad agency for data solutions
Igaworks, a big data platform company from South Korea, announced on Thursday a strategic partnership and solution supply deal with YDM Thailand, th...
Mar 03, 2023 (Gmt+09:00)
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Automobiles
S.Korea ranks fifth in global auto output for third straight year
South Korea’s auto production last year ranked fifth worldwide for the third year in a row.A report on world automotive output from the Korea ...
Mar 03, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kakao vows to thwart HYBE scheme for SM control
Kakao Corp., South Korea’s dominant mobile platform, said on Monday it would mobilize all possible countermeasures against HYBE Co. ’s a...
Feb 27, 2023 (Gmt+09:00)
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Automobiles
GM Korea begins mass production of Trax crossover
General Motors Korea announced on Sunday that it celebrated the start of mass production of the Chevrolet Trax Crossover, a new utility vehicle, at ...
Feb 27, 2023 (Gmt+09:00)
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Shareholder activism
S.Korea’s KT&G engulfed in lawsuit against activist funds
The world’s fifth-largest tobacco maker KT&G’s battle against activist investors intensified as a group of funds sued the South Kore...
Feb 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea’s hy buys Mesh for Vroong delivery service
South Korea’s hy, formerly Korea Yakult, has acquired Mesh Korea, the operator of the delivery service Vroong that uses two-wheeled vehicles. ...
Feb 24, 2023 (Gmt+09:00)
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Energy
POSCO International, Pertamina win gas exploration rights off Indonesia
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., said on Thursday ...
Feb 23, 2023 (Gmt+09:00)
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Metaverse
S.Korea's LG Uplus opens children-specialized metaverse Kidstopia
LG Uplus Corp. announced on Thursday that it will be launching an open beta service of its metaverse "Kidstopia" at the end of this month. The servi...
Feb 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's ETRI creates software for faster 5G using small cells
The Electronics and Telecommunications Research Institute (ETRI), a non-profit government-funded research institute in South Korea, said on Tuesday ...
Feb 22, 2023 (Gmt+09:00)
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Advertising & Marketing
HD Hyundai expands online communication channels
HD Hyundai Co., formerly known as Hyundai Heavy Industries Group, has announced its intention to enhance its online communication channels to better...
Feb 22, 2023 (Gmt+09:00)
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Automobiles
LG Uplus to provide infotainment service for Toyota's RAV4 PHEV
South Korean mobile telecom carrier LG Uplus Corp. has announced on Tuesday its plans to install its integrated infotainment (IVI) platform, the Upl...
Feb 21, 2023 (Gmt+09:00)
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Earnings
Korea's Hansol Technics enjoys profit on chip equipment unit
Hansol Technics Co., a South Korean company that makes modules for liquid crystal display (LCD) and solar panels, boosted earnings last year thanks ...
Feb 21, 2023 (Gmt+09:00)
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Fintech
Samsung Electronics, Naver partner to create simple payment service
Samsung Electronics Co. and South Korea's Naver Financial have formed a simple payment service alliance in which users of Samsung Pay can make simpl...
Feb 21, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung ‘demanding customer’ for ASML as orders rise
VELDHOVEN, Netherlands – South Korea’s Samsung Electronics Co. is a “demanding customer” for the Netherlands-based ASML Hold...
Feb 20, 2023 (Gmt+09:00)
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Korean startups
Blind revamps job matching service to rival LinkedIn
Teamblind Inc., the developer of South Korea’s homegrown anonymous professional community app Blind, will reach out to a broader job-seeking p...
Feb 20, 2023 (Gmt+09:00)
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Automobiles
Lexus, Volvo: Koreans' top picks among foreign brands in after-sales service
Lexus, the premium brand of Japanese carmaker Toyota Corp., offers the best after-sales service among imported cars in South Korea, followed by Swed...
Feb 20, 2023 (Gmt+09:00)
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Bio & Pharma
Korea United Pharm signs contract to supply medicines to Saudi Arabia
Korea United Pharm. Inc. announced on Monday that it signed a contract to supply nine types of medicines, including 11 anticancer drugs, to Saudi ph...
Feb 20, 2023 (Gmt+09:00)
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Aerospace & Defense
Three provincial airports in S.Korea offer direct flights to Mongolia
South Korea is expanding its number of flight connections with Mongolia.The Ministry of Land, Infrastructure and Transport on Sunday said it agreed ...
Feb 20, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's KT CS reports record sales in 2022
On Friday, KT Corp.'s customer service unit, KT CS, announced that its sales revenue for the previous year reached a record high of 591.6 billion wo...
Feb 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to invest $77.3 million annually against data theft
South Korea’s third-largest mobile carrier LG Uplus Corp. will spend 100 billion won ($77.3 million) a year to enhance data security about a m...
Feb 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Shieldus introduces EDR-specialized control, analysis services
South Korea's IT security service firm SK Shieldus made an announcement on Thursday that they will be providing control and operation, investigation...
Feb 17, 2023 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess