Tech crackdown bites Korea Inc.

Investors are selling technology stocks in a major Asian economy on regulatory worries just as one of the country’s biggest online payment com...

KDB chairman urges FTC to approve merger of Korean Air, Asiana

A speedy approval by South Korea’s top antitrust regulator of the proposed merger of Korean Air Lines Co. (KAL) and its local rival Asiana Air...

Millennials now S.Korea’s largest buyer of luxury goods

The millennials have become the largest spenders on luxury goods at department stores in South Korea. According to joint research by The Korea Econo...

Automotive security in spotlight on growing EV market

The automotive security technology for automotive electronics is in the spotlight as the global electric vehicle market is growing. The information ...

Hyosung Group Chairman Cho seeks growth opportunities in US market

South Korea’s Hyosung Group is looking to the US market for growth as the textile and chemicals conglomerate is expanding facilities in Americ...

Hydrogen: Next big thing for stock investors in Korea

In 2009, battery makers were barely on the radar in South Korea when it comes to stock investment. Back then, the rechargeable battery industry was ...

Korea content platform startup to buy Getty Images unit

A South Korean content platform startup OGQ Corp. is set to take over the world’s leading stock content company Getty Images Inc.’s unit...

Seoul Q2 office prices rise at fastest rate in 10 yrs

Seoul office building prices rose at their strongest rate in 10 years in the second quarter of this year, driven by domestic investors as the Seoul ...

Lotte Shopping to acquire furniture maker Hanssem with IMM PE

Lotte Shopping Co., South Korea’s top department store operator, is set to acquire Hanssem Co. with IMM Private Equity.IMM PE selected Lotte S...

Korea silicon anode materials makers to see quantum leap in demand

The global silicon-based anode materials market is gathering momentum as demand is expected to outpace supply on increasing production of electric v...

Korea’s Simone: Rise from replica handbag maker to luxury brand

UIWANG, Gyeonggi Province – Simone Acc. Collection Ltd., a South Korean luxury handbag maker, stresses one interesting number to its clients w...

Korea’s Genome & Company aims US CMO market

South Korea’s microbiome medicine developer Genome & Company geared up for entering the U.S. market to boost profits and make inroads into...

Kakao drops 10.1%, Naver falls 7.9% on potential big tech crackdown

South Korea may be following China’s lead in cracking down on big tech firms. The country’s two leading tech giants Naver Corp. and Kaka...

S.Korea to allow brokerages to trade carbon credits

Financial services companies, including brokerage firms, will be able to participate in South Korea's carbon emission trading market by year's end a...

Streaming platform Mahocast eyes listing on Japan's Mothers market

TOKYO -- Japan-based concert streaming platform Mahocast, dubbed as the Netflix for concerts in Japan, is gaining attention as a venue for both musi...

Naver’s market cap to top 100 trillion won, analysts say

South Korea’s market analysts projected that Naver Corp.’s market cap will surpass 100 trillion won ($86 billion), driven by the rapid g...

Korean beauty brand Too Cool For School is up for sale

Too Cool For School Corp., a South Korean budget makeup and beauty brand, is up for sale as its two co-CEOs and related parties aim to sell their en...

Samsung sells $1.3 bn stake in China’s BYD, keeps watchers puzzled

Samsung Electronics Co. has sold a 1.6% stake worth 1.5 trillion won ($1.3 billion) in Chinese electric vehicle and rechargeable battery maker BYD C...

Permira targets growth firms in high valuation markets

London-based private equity firm Permira will maintain its focus on high-quality companies and sector leaders with strong growth potential as valuat...

LG Energy Solution, SK Innovation raise global battery market shares

LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...

Samsung SDI tops LG Chem in market cap amid GM recall crisis

Samsung SDI Co. has become South Korea’s top battery maker in terms of market capitalization. The company is now ranked as the sixth-largest f...

Naver poised for battle over sneaker resale market

South Korea’s platform giant Naver Corp. is on the move to claim the throne in the sneaker resale market, up against other fashion platforms s...

Kakao Pay cuts IPO price by 6% for October listing

Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., has slashed its initial publi...

Samsung to ramp up production capacity of foldable devices by 50%

Samsung Electronics Co. will expand the production capacity of foldable devices amid an unexpected global craze over its Galaxy Z Fold 3 and Z Flip ...

LG Electronics scores big in first-half US OLED TV market share

LG Electronics Inc., one of the world’s largest TV makers, saw its market share grow rapidly in North America with its market share rising abo...

Upbit dominates S.Korea’s crypto exchange with 80% market share

South Korea’s cryptocurrency exchange market is being dominated by the biggest platform Upbit that holds about 80% of all transactions made in...

Parts maker Mando raises profile as investor in future mobility startups

Halla Group’s auto components unit Mando Corp. is rapidly expanding its profile as a startup investor in the future mobility sector.Mando was ...

Social casino game maker DoubleDown Interactive resumes US IPO process

DoubleDown Interactive LLC, a subsidiary of DoubleUGames Co., has resumed the process to go public on Nasdaq after more than a year has passed from ...

3i's AI technology creates digital twins using smartphone photos

Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thor...

Samsung to invest $200 bn over next 3 yrs, including M&As

Samsung Group will invest a combined 240 trillion won ($206 billion) over the next three years in its core businesses such as semiconductor, display...