Korean startups rely on word-of-mouth marketing for overseas penetration 

Thanks to what some economists dub a borderless economy, more South Korean startups than ever before are looking beyond the peninsula. Seoul-ba...

Hyundai showcases IONIQ 6, electrified streamliner

Hyundai Motor Co. on Wednesday unveiled the design of the IONIQ 6, its first all-electric sedan on an exclusive EV platform, with which South Korea&...

Moon boats light up the birthplace of Korean Confucianism

Riding a crescent moon-shaped boat that changes colors is a must-do experience in the small South Korean city of Andong, 190 km southeast of Seoul.T...

Hyundai Mobis sees global carmakers’ orders up 50%

Hyundai Mobis Co., South Korea’s largest auto parts producer, expected orders from global carmakers excluding Hyundai Motor Group affiliates t...

Mobility platform Socar targets $1.2 bn value for Aug IPO

South Korea’s car-sharing platform Socar Inc. has estimated its corporate value at up to 1.6 trillion won ($1.2 billion) for an initial public...

Hyundai, Kia set for record profit with lower incentives than Toyota

South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – are expected to post their highest ever profit for the se...

LG Electronics, GS acquire AppleMango to launch EV charging business

LG Electronics Inc., in partnership with GS Group, is advancing into the electric vehicle charging service market by acquiring AppleMango Co., a Sou...

Translink: Startup fundraising barely affected by economic downturn

Venture capital, or the business of investing in innovative private companies with growth potential, is a local endeavor most of the time.While this...

Samsung SDI inks $6.6 bn deal for 60% of elecfoil needs

Samsung SDI Co., South Korea’s major battery maker, inked a $6.6 billion contract to secure 60% of its needs for elecfoil, an ingredient for c...

Pharma companies jump into $3 bn pet care market

South Korean pharmaceutical companies are jumping into the animal medicine and diagnostics market to target the rapidly growing pet care market, whi...

Top Korean companies’ new battlefield: Used car market

Hyundai Motor Co., Lotte Rental Co., and KB Financial Group, the No. 1 players in each of their sectors, are gearing up to fight in a new arena &nda...

Samsung to fuel rivalry with Sony in mobile image sensor market

Samsung Electronics Co. is set to narrow the gap with bigger competitor Sony in the global image sensor market. The South Korean tech giant introduc...

Carve-out, bolt-on key themes driving M&As: BDA Partners

Amid escalating market uncertainties, M&As are not just a growth tactic but survival tools for businesses, Euan Rellie, co-founder and managing ...

[ASK 2022]  Tailored strategies outperform in European credit market: Arrow Global

 As a leading European private credit asset manager, Arrow Global operates its own servicing platforms that most accurately fit E...

Falling nickel prices: A boon for Korean battery makers over Chinese rivals

South Korea’s three battery players – LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. – are getting a tailwind from the fal...

Korea’s adult audio platform eyes Japan for global biz

South Korea’s adult audio content platform for women raised money to make inroads into Japan as a start of its global business.Sensual Moment ...

Seoul poised to paint over Hong Kong in fine arts

Back in 2013, Hong Kong painted itself as the uncontested leader in Asia’s art scene – over Singapore, Shanghai, and Tokyo. Art Bas...

Paris Baguette enters Malaysia, eyes $2 trillion halal market 

SPC Group’s bakery franchise Paris Baguette has chosen Malaysia as its eighth overseas market. The decision aligns with the food and beverage ...

Pet health: Korean genetic testing firms' new target market

South Korean direct-to-consumer (DTC) genetic testing companies are rushing to the veterinary diagnostics market where they see greater potential gr...

Kia Sportage speeds up Hyundai’s eco-friendly push

Kia Corp.'s Sportage plug-in hybrid electric vehicle (PHEV) was recently recognized as the best model in the segment by two influential German auto ...

Why India’s top talent chose S.Korea for launch of edutech startup

TagHive Inc. is an education technology startup building a bridge between South Korea and India. The company’s founder and CEO Pankaj Aga...

Envioneer, Toray to make super fibers for EV insulators

Envioneer Co., a South Korean composite materials manufacturer, and Toray Advanced Materials Korea Inc. joined forces to launch businesses of aromat...

Samsung SDI to develop cylindrical batteries for Tesla, other EV makers

Leading South Korean battery maker Samsung SDI Co. is ramping up facilities for cylindrical batteries to supply its products to Tesla Inc. and oth...

POSCO, SK On forge strategic tie-up in rechargeable battery business

POSCO Holdings Inc., the investment holding company of South Korea’s largest steelmaker, and SK On Co., the battery unit of SK Innovation Co.,...

Lotte plans to expand bio capacity in Korea and US

Lotte Group is preparing to kickstart its biopharmaceutical business as a contract development and manufacturing company (CDMO) by building a new pl...

Elon Musk’s mother Maye named Ceragem's global ambassador

Maye Musk, the mother of Tesla Inc. CEO Elon Musk, has been named the global ambassador for South Korea’s Ceragem Co., a manufacturer of therm...

LG Display to raise $1 billion to ramp up OLED module line in Vietnam

LG Display Co., a major South Korean display panel maker, said on Wednesday it is raising $1 billion in new funding from global banks to expand its ...

Voice Caddie, Daol PE acquire US golf grip brand SuperStroke

Voice Caddie, a South Korean maker of golf course rangefinders and related golf products, and Daol Private Equity are jointly acquiring SuperStroke,...

Brokerages sit on $5.3 bn of global alternative assets to sell down

Some major securities firms in South Korea are having difficulties with overseas alternative assets they have yet to sell down. The brokerage firm...

LB Investment submits preliminary IPO assessment request to KRX

LB Investment has submitted a preliminary assessment request to the Korea Stock Exchange, the first step to an initial public offering. It chose Mir...