S. Korea to track engineers' travel to control tech leaks
South Korea will create a roster of engineers in its core business sectors to monitor their travel in and out of the country. The decision aims to...
Thoma Bravo may attract $200 mn from NPS, KTCU
National Pension Service (NPS), Korean Teachers’ Credit Union (KTCU) and other institutional investors of South Korea are likely to contribute...
KAIST Holdings to open US offices with $8.4 bn value in mind
The Korea Advanced Institute of Science and Technology (KAIST) on Tuesday announced the blueprint to strengthen its foothold in the United States an...
Lotte to develop seawater-degradable bioplastic material
South Korea’s Lotte Chemical Corp. plans to develop a decomposable bioplastic material in seawater for production based on petrochemicals for ...
Samsung countersues ex-patent chief over IP disputes
Samsung Electronics Co. filed a lawsuit against its former patent chief on Sunday, in response to the ex-vice president's claim that the tech giant ...
Korean orchestras foster cross-genre collaborations
Seoul Philharmonic Orchestra and SM Entertainment Co. signed a memorandum of understanding last week to collaborate across different musical genres....
Samsung regains top spot in SE Asia smartphone market
Samsung Electronics Co. outpaced Chinese rival Oppo last year to regain the top spot in the smartphone market in four major Southeast Asian countrie...
SK Hynix to benefit from Western Digital production disruption
South Korea’s SK Hynix Inc., the world’s second-largest memory chipmaker, is expected to be a key beneficiary from production disruption...
Hyundai Steel supplies high-strength steel for Genesis G80 EV, G90
Hyundai Steel Co. is supplying its newly developed ultra-high-strength steel sheets for car bodies to Hyundai Motor Co. for its electric vehicles an...
Korean Dongkuk Steel profits surge as Brazil CSP turns profitable
Dongkuk Steel Mill Co., the world’s leading manufacturer of color-coated steel, reported the largest operating profit in 13 years on strong de...
Korean VCs bet big on pet care startups
Startups in the pet industry are gaining traction on the back of a rising number of pet owners in South Korea. Industry insiders say several pe...
Korean bank profits at record-high as borrowers struggle under debt
South Korea’s major banks posted record earnings last year, boosted by higher interest income amid the central bank’s easing monetary bi...
Samsung’s Galaxy S22 Ultra: Setting new smartphone standard
Samsung Electronics Co. on Wednesday announced new additions to its Galaxy S series models as the world’s top smartphone maker by volume faces...
Nuvilab uses the latest tech to tackle age-old issue of food waste
South Korea’s food data analysis firm Nuvilab, Inc. is not a household name – at least yet. The startup is rather familiar to investors...
Korea bond yields near four-year highs on extra budget
South Korea’s government bond yields jumped to their highs in almost four years as lawmakers sought to raise a supplementary budget to up to $...
Korea’s Point Mobile expands supply deal with Amazon to offline units
Point Mobile Co., South Korea’s top enterprise handheld devices maker, expanded a supply deal with Amazon.com Inc. to offline units of the wor...
S.Korea urged to embrace nuclear power to go carbon free
The topic of RE100, a multinational campaign to make a full switch to renewable energy by 2050, was brought up last week during a debate among four ...
Kakao to launch webtoon service Piccoma in France
Kakao Corp. announced Sunday that it plans to launch the European version of its webtoon subscription service in either April or May of this year....
Hyundai to debut IONIQ 6 in July to rival Tesla Model 3
Hyundai Motor Co. will unveil the much-anticipated IONIQ 6, its first all-electric sedan on an exclusive EV platform, in July, to compete with the l...
Teachers' Pension posts record-high 12% return in 2021
Korea Teachers’ Pension (KTP) has said the rate of return from its investment management in 2021 reached 12%, the highest ever since its inc...
Neck-and-neck contest for fintech assoc. chair narrows
For the first time ever, South Korea’s fintech industry association will see meaningful competition in electing its chair this month – r...
Samsung, SK Hynix ahead of rivals in 200-plus-layer NAND chips
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are expected to lead rivals in the industry’s tran...
Grade-A office deals in Seoul hit record-high $14 bn in 2021: JLL
Grade-A office transactions in Seoul hit a record high of 17.1 trillion won ($14.2 billion) in 2021, breaking the 16.6 trillion won record set in 20...
Samsung C&T to invest $70 mn in US nuclear fission tech provider
Samsung C&T Corp. is set to invest up to 85 billion won ($7 million) in US nuclear fission technology provider NuScale Power, LLC. NuScale Power...
Korea’s record trade deficit stirs capital outflow fears
South Korea reported the largest trade deficit on surging raw material prices in January, string worries that capital outflows from Asia’s fou...
Samsung SDI in talks with global automaker for battery joint venture
South Korea’s Samsung SDI Co. is in talks with a global automaker to launch a battery production joint venture following its partnership last ...
German urban logistics and light industrial assets promising, DLE says
The pandemic has brought logistical real estate and infrastructure into the spotlight driven by long-term underlying e-commerce trends. It is advant...
IMM to buy Samsung Life stake once owned by Jay Y. Lee's sister
IMM Private Equity is set to acquire a 1.73 percent stake in Samsung Life Insurance Co., according to investment banking sources on Jan. 27. The sta...
S. Korea's economic growth jumps to 11-year high
South Korea recorded 4% economic growth in 2021 – its highest jump in 11 years – according to the country’s central bank. The Ban...
Corporates raise record-high $193 bn via stakes, bonds in 2021
Korean companies raised capital of 231.5 trillion won ($193.2 billion) through stock and bond issuance in the domestic market in 2021, according t...
