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...
Global automakers' new battle field: small EVs
Global automakers stop producing smaller cars among internal combustion engine models. The industry is facing difficulties to make profits from thos...
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...
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 ...
Amazon teams up with SK’s 11Street to offer Global Store for Koreans
SK Telecom Co.’s e-commerce platform 11Street Co. has teamed up with Amazon, the world’s largest online shopping mall, to offer the US c...
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...
KSOE in $1.4 billion deal to build 8 methanol-powered ships for Maersk
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...
Are global GSS bonds sustainable?
Global green, social sustainability (GSS) bonds may not be stable enough yet. The bonds where proceeds will be exclusively applied to finance or re-...
Rolex emerges as latest target of S.Korea’s luxury brand fever
Rolex watches are now the latest object of South Korea’s unwavering love for luxury goods. The high demand and limited supply of Rolex watches...
POBA invites bids for $400 mn multi-asset mandates
South Korea's Public Officials Benefit Association (POBA) will commit $400 million to two multi-asset funds this year, in its first investment in th...
IAA Mobility 2021 to showcase global auto industry’s future technologies
The global auto industry is set to show off their muscle to fight for the future mobility market not only with new models but also technologies at t...
Carmaker stocks hit speed bump of chip shortage, Delta variant
Shares in global carmakers such as Hyundai Motor Co. and Toyota Motor Corp. are tumbling. The automotive chip shortage is expected to deteriorate fu...
OsteoSys pioneers bone densitometer market for lab animals
South Korea-based OsteoSys Corp. aims to become the world's leading player in the bone densitometry market backed by its portfolio of high-tech bone...
Korea's top online flea market startup value up to $2.6 bn
South Korea’s No. 1 online flea market operator Danggeun Market Inc. has increased its valuation to $2.6 billion as it raised $153 million fro...
Korean unicorns winning talent war against global IBs
South Korean unicorn startups are soaking up talent from global investment banks (IBs) and brokerage houses. Junior and senior financial market spec...
Battery recycling: Carmakers, battery companies in new turf war
With electric vehicles increasingly going mainstream, the world’s major carmakers and battery companies face another type of turf war: battery...
Shinsegae's e-commerce arm SSG.COM seeks 2022 IPO
SSG.COM, the e-commerce brand of South Korea's retail titan Shinsegae Inc., has begun the process to go public next year, with its valuation estimat...
Samsung Electro-Mechanics aims to take lead in MLCC market
South Korea-based electronic components maker Samsung Electro-Mechanics Co. is looking to take lead in the multi-layer ceramic capacitors (MLCC) mar...
Doosan Infracore expands Middle East market share with more orders
Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, secured more orders in the Middle East where rising c...
Korean chipmakers tumble, wipe out $13 billion in market capitalization
Shares of South Korea’s two largest chipmakers – Samsung Electronics Co. and SK Hynix Inc. – are slumping on a bearish industry ou...
Hyundai Heavy to reposition as tech platform for vessels
Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...
NCSoft to launch Lineage W, first game with priority on global users
South Korea’s leading game developer NCSoft Corp. will be launching its latest massively multiplayer online role-playing game (MMORPG), Lineag...
Global carmakers to speed up EV push as governments pressure harder
US and European governments are pressing harder with tough regulations to expand electric vehicles (EV) adoption for cutting emission. Global automa...
Korean companies’ race heats up in $2.8 tn global wind farm markets
The global offshore wind power generation equipment market is heating up with cut-throat competition among South Korean companies. The country&rsquo...
Tourism, aircraft take bulk of 2020 alternatives loss
South Korea's eight leading brokerage companies, including Mirae Asset Securities Co. and Hana Financial Investment Co., are estimated to have booke...
Naver Financial, SoftBank invest $25 mn in blockchain startup TBCASoft
South Korea-based Naver Financial, the fintech arm of online giant Naver Corp., has invested $20 million in a Series B funding round for the US-base...
Market Kurly's IPO plans dwarfed by SSG.COM's IPO talk
Kurly Inc., which runs South Korea's online grocery delivery service Market Kurly, has tentatively halted its IPO process, about a month after it an...
Netmarble bets $2.2 bn on global social casino game market
South Korean game developer Netmarble Corp. decided to buy the world’s No. 3 social casino game publisher SpinX Games for $2.2 billion, bettin...
Mid-sized Korean groups pave way for PEFs' stalled exits
Hoban Group, started as a small residential rental company in Gwangju in 1989, has now emerged as a major player in South Korea's M&A market, in...
