global demand
Scope
Date
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Mergers & Acquisitions
Kakao Piccoma acquires Japan’s cryptocurrency exchange SEBC
Kakao Corp., South Korea’s top mobile messenger app operator, has acquired a controlling stake in Sakura Exchange BitCoin (SEBC), a Japanese c...
Apr 05, 2022 (Gmt+09:00)
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Webtoons
Korea’s top adult webtoon platform targets global market
Topco, South Korea’s top adult webtoon platform operator, is targeting the global digital comic market with the goal to expand its business in...
Apr 04, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Smartphone material maker NexFlex draws bidders
NexFlex Co., South Korea's largest manufacturer of flexible copper clad laminates (FCCLs) used for smartphones, has drawn around half a dozen prelim...
Apr 01, 2022 (Gmt+09:00)
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Korean startups
SaaS provider Clika wants to lead S. Korea's MLOps market
The wider adoption of artificial intelligence around the globe calls for more data in the form of high quality photos, videos, and text. With t...
Apr 01, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea shipbuilders to win mega tanker deals on rising LNG demand
Orders for mega liquefied natural gas carriers have reemerged as demand for the gas has increased alongside the global push to cut carbon emissions....
Mar 30, 2022 (Gmt+09:00)
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Automobiles
Kia set to break ground on purpose-built vehicle plant in 2023
Kia Corp., South Korea’s second-largest automaker, plans to break ground on the construction of its first purpose-built vehicle (PBV) plant ne...
Mar 30, 2022 (Gmt+09:00)
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Food & Beverage
Daesang’s first Korean kimchi plant in US up and running
South Korean food maker Daesang Corp. has completed the construction of a kimchi plant in the US, its first factory outside Asia, which the company ...
Mar 29, 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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Beauty & Cosmetics
LG Household to lower reliance on Chinese market as shares slump
LG Household & Health Care Ltd. was one of the most coveted shares on the Korean bouse in the past couple of years as the company basked in the ...
Mar 25, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea shipbuilders aim for strong demand on tougher rules
South Korea’s shipbuilders targeted demand for new vessels and ship modification as tougher environmental regulations are scheduled to take ef...
Mar 25, 2022 (Gmt+09:00)
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Real estate
Korea's hotel deals hit record-high $1.4 bn in 2021: JLL
Hotel deals in South Korea hit a record high of 1.7 trillion won ($1.4 billion) in 2021, up 80% from the previous year, said global real estate serv...
Mar 23, 2022 (Gmt+09:00)
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Korean stock market
LG Innotek shares at new highs, tracking Apple's rise
Shares in LG Innotek Co., a major camera module supplier for Apple iPhones, climbed to a record high on Monday, in stark contrast to the flat wider ...
Mar 21, 2022 (Gmt+09:00)
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Electronics
LG Display reclaims global top spot in Q4 2021
South Korea’s LG Display Co. regained the top spot in the global display market for TVs in the fourth quarter of 2021, according to tech indus...
Mar 21, 2022 (Gmt+09:00)
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Korean stock market
ETFs entice Korean investors amid volatile market
South Korean retail investors bought more exchange-traded funds (ETFs) than stocks on the country’s main Kospi in the last six months as the b...
Mar 21, 2022 (Gmt+09:00)
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Retail
Korea rises as test bed for global luxury brands
South Korea is becoming a test bed for global high-end brands such as Balenciaga, Valentino, IWC and Breitling. The world's top luxury brands, pre...
Mar 21, 2022 (Gmt+09:00)
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Korean stock market
China's lockdown: Double effect to Korean tech stocks
The COVID-19 lockdown of Shenzhen, the city known as Silicon Valley of China, is increasing concerns over supply disruptions to South Korea’s ...
Mar 17, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai eyes LNG ship-to-floating storage unit conversion market
The ongoing war in Ukraine and tougher emission standards are creating a new market for shipbuilders: converting aged liquefied natural gas (LNG) ca...
Mar 15, 2022 (Gmt+09:00)
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Electric vehicles
China rules EV market with fleet sales; Hyundai targets retail
Chinese electric vehicle makers are expanding their shares in key markets such as the US and Europe through fleet sales, while South Korea’s H...
Mar 15, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Millennial woman takes reins as Naver CEO
South Korea's dominant online platform Naver Corp. on Monday entered a new chapter in its 22-year history under a new millennial leader, whose prior...
Mar 14, 2022 (Gmt+09:00)
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Airlines
Global airlines raise flights to pre-COVID levels on border reopening
Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...
Mar 14, 2022 (Gmt+09:00)
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War in Ukraine
Hyundai’s auto exports to Russia cut by half in February, hit by war
Hyundai Motor Co.'s car exports to Russia have dwindled by nearly half in the latest indication that global automakers are feeling the pinch due to ...
Mar 14, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Billionaire Kakao chairman Brian Kim resigns
Kakao Corp. founder and chairman Brian Kim said on Monday that he will step down from the tech giant’s board of directors, following a series ...
Mar 14, 2022 (Gmt+09:00)
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Executive reshuffles
Billionaire Kakao chairman Brian Kim resigns
Kakao Corp. founder and chairman Brian Kim said on Monday that he will step down from the board of directors, following a series of scandals that ro...
Mar 14, 2022 (Gmt+09:00)
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Real estate
Offices in Gangnam attract global investors amid market volatility
South Korean and overseas institutional investors are eyeing offices in Gangnam District, Seoul, amid concerns over inflation and market volatilit...
Mar 14, 2022 (Gmt+09:00)
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Korean chipmakers
Goldman sees Samsung, SK Hynix shares up 50% over next 12 mths
The share prices of the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc. each have room to rise by about 50% ov...
Mar 11, 2022 (Gmt+09:00)
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Business & Politics
President-elect pledges to build S.Korea as 'pivotal' global power
President-elect Yoon Suk-yeol pledges to build South Korea into what he dubs a global 'pivotal' power that contributes to freedom, peace, and prospe...
Mar 10, 2022 (Gmt+09:00)
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Electric vehicles
IONIQ 5, Niro February sales beat global EVs in Europe
Hyundai Motor Group’s electric vehicle sales in Europe are rapidly rising. Hyundai Motor Co.'s IONIQ 5, launched in Norway in May 2021, topped...
Mar 07, 2022 (Gmt+09:00)
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Upcoming IPOs
Korea’s Voronoi in talks with global firms on drug designs
South Korea’s biotechnology startup Voronoi Inc. is in talks with global biomedical companies on drug designs as it aims to expand the busines...
Mar 04, 2022 (Gmt+09:00)
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Korean startups
Bank of Wine: High-end wine investment in the form of digital assets
South Korea is the world’s second-most attractive wine market, outranked by only the United States, according to London-based consumer researc...
Mar 03, 2022 (Gmt+09:00)
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Corporate investment
Hyosung to expand carbon fiber production for hydrogen tanks
South Korea’s Hyosung Advanced Materials Corp. is expanding its carbon fiber production by adding a third line to meet the growing demand for ...
Mar 03, 2022 (Gmt+09:00)
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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