digital sales channel
Scope
Date
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Tech, Media & Telecom
SK Ecoplant to build largest commercial data center in Korea
South Korea’s SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is slated to develop the largest commercial data cen...
Apr 25, 2022 (Gmt+09:00)
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Earnings
Hyundai, Kia see Q1 profits soar, aim for strong 2022 despite dim outlook
South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – on Monday posted strong first-quarter earnings, driven by...
Apr 25, 2022 (Gmt+09:00)
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Earnings
Naver to cut costs for profitability after disappointing Q1
Naver Corp., South Korea’s dominant online platform, will focus on cutting costs and reducing new hiring to improve profitability as its disap...
Apr 21, 2022 (Gmt+09:00)
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Artificial intelligence
CJ integrates AI infrastructure and data to launch CJ AI center
CJ Corp. launched an artificial intelligence center Wednesday, which it hopes will lead the conglomerate's digital innovation. The new CJ AI Cente...
Apr 21, 2022 (Gmt+09:00)
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Automobiles
SUV, minivan sales reach 52% of car market in Q1
Sales of leisure vehicles in South Korea, primarily sport utility vehicles (SUVs) and minivans, exceeded half of domestic finished car sales in the ...
Apr 18, 2022 (Gmt+09:00)
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Earnings
POSCO returns from pandemic blues with record quarterly profit
South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high revenue an...
Apr 15, 2022 (Gmt+09:00)
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Bio & Pharma
HK inno.N receives sales permit for ulcer treatment in China
HK inno.N is expediting its global expansion with its latest drug K-Cab designed to treat peptic ulcers.The South Korean pharmaceutical company an...
Apr 13, 2022 (Gmt+09:00)
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Healthcare
KT taps Vietnam for digital healthcare and AI-powered diagnosis
KT Corp., a major telecommunications company in South Korea, is set to enter the Vietnamese healthcare market with a pilot telemedicine service an...
Apr 13, 2022 (Gmt+09:00)
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Automobiles
Shinhan Card makes strategic investment in car sales platform
South Korea’s Shinhan Financial Group is intensifying its online car sales business through partnerships with online platforms. The group&rs...
Apr 13, 2022 (Gmt+09:00)
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Korean games
Korean game developers scurry to launch P2E versions in 2022
South Korean game developers are scurrying to release their versions of play-to-earn (P2E) games, which have been growing at a rapid pace despite be...
Apr 12, 2022 (Gmt+09:00)
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Bio & Pharma
Hanmi stands out with own drugs as Korean rivals sell imports
South Korea’s Hanmi Pharmaceutical Co. generated sales of more than 1 trillion won ($812.3 million) from its own medicines last year on strong...
Apr 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Ssangyong Motor sale likely a duel between KG Group, Ssangbangwool
The sale of troubled sport utility vehicle maker Ssangyong Motor Co. is likely to be a duel between chemicals conglomerate KG Group and SBW Group, a...
Apr 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
E-Mart to join buyout of Korean meat importer
E-Mart Inc., South Korea’s retail giant Shinsegae Inc.’s supermarket chain, is slated to participate in IGIS Investment Partner’s ...
Apr 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT to build media value chain with $4.1 bn content sales by 2025
KT Corp., a major South Korean telecommunications company, on Thursday unveiled an ambitious goal to become the country’s leading media and co...
Apr 07, 2022 (Gmt+09:00)
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Earnings
Samsung sees record first-quarter sales; business outlook murky
Samsung Electronics Co. likely posted record revenue in the first quarter, driven by brisk sales of memory chips and smartphones. Its shares, howeve...
Apr 07, 2022 (Gmt+09:00)
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Korean Investors
Healthcare, tech top Korean LPs' favorite PE sectors
Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...
Apr 06, 2022 (Gmt+09:00)
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Korean Investors
Healthcare, tech top Korean LPs' favorite PE sectors
Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...
Apr 06, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia rank fifth in global electric vehicle sales
South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., ranked fifth in terms of electric vehicle sales, which posted triple-di...
Apr 06, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Philippines LCS Group buys Korea’s special purpose vessel maker
The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense products to the Southe...
Apr 05, 2022 (Gmt+09:00)
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Korean stock market
Mid-cap, small-cap outperform large-cap stocks in Q1 2022
South Korea’s mid-cap and small-cap shares outperformed large-cap stocks during the first quarter of 2022 as some glitzy initial public offe...
Apr 01, 2022 (Gmt+09:00)
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Samsung Group
Samsung to work with Western Digital on next-gen storage technology
Samsung Electronics Co. and Western Digital Technologies Inc. announced Wednesday the two parties signed a memorandum of understanding (MOU) to coll...
Mar 31, 2022 (Gmt+09:00)
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Corporate bonds
Korea firms reconsider bond sale plans on surging yields
South Korean companies are hesitating to raise funds on surging corporate bond yields. More firms are repaying existing debt and have postponed new ...
Mar 30, 2022 (Gmt+09:00)
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Companies
Kiturami Boiler bets on chip, battery facility systems
Choi Jin-min, founder and chairman of Kiturami Boiler Co., is one of the few living witnesses in South Korea's boiler history. At the age of 21, he ...
Mar 30, 2022 (Gmt+09:00)
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Electronics
Rising global TV prices: A boon and risk for Samsung, LG
Global TV prices rose by a third last year and are expected to continue their uptrend this year, which could be a boon for the world’s two lar...
Mar 29, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai files complaint against EU's veto of DSME merger
HD Hyundai, formerly known as Hyundai Heavy Industries Holdings Co., has filed a complaint against the European Commission, the executive body of th...
Mar 28, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Ssangyong Motor sale collapses as Edison Motors fails to pay
The planned sale of Ssangyong Motor Co. to Edison Motors Co., a small South Korean electric bus maker, has broken down as Edison failed to make full...
Mar 28, 2022 (Gmt+09:00)
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Samsung Group
Samsung heirs sell Samsung Elec shares for $1.1 bn
The wife and two daughters of the late Samsung Group Chairman Lee Kun-hee raised a combined 1.37 trillion won ($1.1 billion) in block sale of Samsun...
Mar 24, 2022 (Gmt+09:00)
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Cryptocurrencies
SK tipped to be Korea's 1st group to issue digital coins
SK Square Co., the investment arm of SK Group, is working on issuing its own digital currency within the year, according to people with knowledge of...
Mar 23, 2022 (Gmt+09:00)
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Entertainment
Entertainment shares shine as BTS, Twice return to stage
South Korean entertainment stocks rallied as K-pop stars such as BTS and Twice return to the stage amid global economic reopening with growing hopes...
Mar 23, 2022 (Gmt+09:00)
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Advertising & Marketing
Korean ad agencies vying for bigger slice of virtual space
South Korean advertisement agencies, led by Innocean Worldwide Inc. and Cheil Worldwide Inc., are stepping up efforts to acquire digital technology ...
Mar 23, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 2 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 3 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 4 S.Korea eases path for foreign REITs in senior housing push
- 5 Koramco targets $7 bn bets on Korea data centers