growth investing
Scope
Date
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Korean chipmakers
Samsung, SK Hynix up the ante on HBM to enjoy AI memory boom
TAIPEI – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are racing to supply their advanced DRAM ...
Sep 04, 2024 (Gmt+09:00)
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Companies
Naver D2SF invests in two N.American AI startups
South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) invested in two North American AI startups founded...
Sep 04, 2024 (Gmt+09:00)
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Batteries
POSCO to invest in Tanzanian mine to cut Chinese graphite imports
POSCO Group, South Korea’s steel and battery material conglomerate, is set to invest in the world's second-largest graphite reserve, in Tanzan...
Sep 03, 2024 (Gmt+09:00)
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Food & Beverage
Goldman Sachs to sell stake in Korea’s top food ingredient wholesaler
Goldman Sachs is set to sell its stake in South Korea’s leading food ingredient wholesaler in an estimated 120 billion won ($89.4 million) dea...
Sep 03, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix ramp up DRAM business on rapid AI growth
Samsung Electronics Co. and SK Hynix Inc.,the world’s two largest memory chipmakers, are expanding their dynamic random access memory business...
Sep 02, 2024 (Gmt+09:00)
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Pension funds
NPS logs 9.71% return in H1 led by US tech stocks
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, posted a 9.71% investment return for the first half of ...
Aug 30, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Woori signs $1.16 bn deal to acquire Tongyang, ABL Life from China’s Dajia
Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, said on Wednesday it has signed a deal to acquire Tongya...
Aug 28, 2024 (Gmt+09:00)
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Batteries
Samsung SDI, GM to build $3.5 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3.5 billion cell plant...
Aug 28, 2024 (Gmt+09:00)
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Real estate
Korea Investment, Sinar Mas to build data center in Indonesia
Korea Investment Real Asset Management Co. and Indonesian conglomerate Sinar Mas have set up a joint venture to build a hyperscale data center in a ...
Aug 27, 2024 (Gmt+09:00)
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IPOs
LG Electronics mulls Indian IPO, to invest in HVAC, webOS content: CEO
LG Electronics Inc., a leading South Korean home appliance maker, is considering an initial public offering of its Indian business to help achieve a...
Aug 27, 2024 (Gmt+09:00)
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Banking & Finance
Kookmin to tighten loan limits to cool housing market
Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...
Aug 26, 2024 (Gmt+09:00)
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Korean chipmakers
Kioxia’s TSE IPO: Boon for SK Hynix, bane for Samsung Electronics?
TOKYO – The planned initial public offering (IPO) of Japanese memory chipmaker Kioxia Holdings Corp. is expected to affect its bigger South Ko...
Aug 25, 2024 (Gmt+09:00)
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Private equity
Korea’s Tmax Group buys back software developer for $612 mn
South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...
Aug 23, 2024 (Gmt+09:00)
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Pension funds
NPS to veto SK Innovation’s merger with LNG affiliate
South Korea’s National Pension Service (NPS), manager of the world’s third-largest public pension fund, said on Thursday it is set to ve...
Aug 23, 2024 (Gmt+09:00)
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Banking & Finance
Korea Investment's Nasdaq 100 ETF surpasses $747 mn
Korea Investment Management Co. said on Thursday that the net assets of its ACE US Nasdaq 100 Exchange-Traded Fund (ETF) had surpassed 1 trillion wo...
Aug 22, 2024 (Gmt+09:00)
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Central bank
BOK signals autumn rate cut as inflation, economic growth slow
South Korea’s central bank is likely to reduce interest rates in the next three months as inflation is expected to ease amid a slowdown in Asi...
Aug 22, 2024 (Gmt+09:00)
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Corporate strategy
LG to seek most of profit from new growth engines
LG Electronics Inc., the leading global home appliance maker, aims to generate most of its profit from future growth drivers by 2030 as the South Ko...
Aug 21, 2024 (Gmt+09:00)
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Korean stock market
Korea's KEDI-based ETFs boom; net assets double in 2 months
South Korean exchange-traded funds (ETFs) tracking KEDI, an index set created by The Korea Economic Daily, are booming on growing investor demand fo...
Aug 20, 2024 (Gmt+09:00)
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Venture capital
Korea Investment, most generous venture capitalist in H1
Korea Investment Partners Co. spent the most on local startups among venture capitalists in the first half, while South Korean game developer Smileg...
Aug 20, 2024 (Gmt+09:00)
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Korean startups
Asan Nanum Foundation revamps fund management
The Asan Nanum Foundation, a nonprofit foundation set up in 2011 to commemorate the 10th anniversary of Hyundai founder Chung Ju-yung’s death,...
Aug 20, 2024 (Gmt+09:00)
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Artificial intelligence
Naver Cloud takes the lead in Korea’s public AI business
South Korean online giant Naver Corp.'s cloud subsidiary is expanding its presence in the country’s public artificial intelligence market by w...
Aug 16, 2024 (Gmt+09:00)
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Economy
South Korea’s job growth rises in July led by elderly workers
South Korea’s job numbers grew in July, led by new hires among those in their 60s and older in one of the world's fastest-aging countries. The...
Aug 14, 2024 (Gmt+09:00)
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Corporate restructuring
Yanolja to restructure affiliates to boost profit before Nasdaq IPO
South Korea’s top travel and accommodation booking platform operator Yanolja Co. is seeking to streamline and restructure its affiliates to bo...
Aug 13, 2024 (Gmt+09:00)
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Construction
S.Korea, Vietnam complete Smart City Cooperation Center in Hanoi
The South Korean Ministry of Land, Infrastructure and Transport announced on Tuesday that it completed the construction of the Korea-Vietnam Smart C...
Aug 13, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Fashion OEM Hansae bids for GM Korea supplier Erae AMS
The holding company of Hansae Co., a leading global apparel original equipment manufacturer (OEM), is eyeing expansion into auto parts production by...
Aug 13, 2024 (Gmt+09:00)
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KOREA Investment Week
Korea's investment forum KIW 2024 kicks off September 9
South Korea’s largest investment forum Korea Investment Week 2024 (KIW 2024) will kick off next month in Seoul, drawing around 150 leaders fro...
Aug 12, 2024 (Gmt+09:00)
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Chemical Industry
Kolon to invest $94 mn in industry film JV with SK Microworks
South Korea’s major chemical materials producer Kolon Industries Inc. is set to invest 129.6 billion won ($94.2 million) to establish an indus...
Aug 09, 2024 (Gmt+09:00)
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Future mobility
Electrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...
Aug 09, 2024 (Gmt+09:00)
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Companies
Kakao Games reports sharp drop in Q2 operating profit
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., reported a sharp decline in second-quarter earnings on Wednesday d...
Aug 07, 2024 (Gmt+09:00)
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Steel
SIMPAC, Brazil's RIMA to set up ferrosilicon joint venture
SIMPAC Inc., a South Korean ferroalloy producer, said on Monday that it will establish a joint venture with Brazilian silicon alloy manufacturer RIM...
Aug 06, 2024 (Gmt+09:00)
Latest News
- 1 Google to invest $100 mn in Gentle Monster in smart glasses push
- 2 Growth equity portfolio largely shielded from policy headwinds: Summit
- 3 Naver Financial seeks to acquire S. Korean real estate data platform Asil
- 4 KakaoBank shares surge on Thai virtual bank approval
- 5 Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma