kt smart parking
Scope
Date
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Pension funds
NPS narrows search for new CIO to two major candidates
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund managing 917.2 trillion won ($692 billion) in asset...
Nov 16, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis, Malaysia’s Lion Group to enter ASEAN logistics market
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Wednesday it has signed an initial agreement with Malaysi...
Nov 16, 2022 (Gmt+09:00)
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Artificial intelligence
KT unveils AI strategy, including hyperscale AI commercialization
South Korea’s second-largest wireless carrier KT Corp. unveiled a set of steps it will take to commercialize the internally developed Hypersca...
Nov 16, 2022 (Gmt+09:00)
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Artificial intelligence
LG CNS to design smart city system for Indonesia's new capital
South Korea's LG CNS will provide a smart city design for Indonesia's new capital of Nusantara. The company on Tuesday said it signed the day before...
Nov 15, 2022 (Gmt+09:00)
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Shareholder activism
KT&G enlists Goldman Sachs to cope with shareholder activism
KT&G Corp., the world’s fifth-largest tobacco maker, appointed Goldman Sachs as an advisor to improve corporate governance after a Singapo...
Nov 14, 2022 (Gmt+09:00)
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Construction
Korean construction firms boost Saudi Arabia presence with megaprojects
RIYADH – South Korean firms are accelerating their efforts to win construction projects from Saudi Arabia as the Middle East’s largest e...
Nov 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT to invest $2 million in US voice biomarker developer
KT Corp., a South Korean telecommunications giant, plans to invest $2 million in Sonde Health Inc., a US voice biomarker developer, to enhance the c...
Nov 10, 2022 (Gmt+09:00)
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Private equity
SK Square chief expects significant investment gains from next year
SK Square Co., the investment management arm of South Korea’s SK Group, is looking to reap handsome gains from its investment and divestment a...
Nov 09, 2022 (Gmt+09:00)
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Earnings
KT posts highest Q1-Q3 operating profit since 2012
KT Corp., South Korea’s major telecommunications firm, posted 1.5 trillion won ($1.1 billion) in cumulative operating profit for the first thr...
Nov 08, 2022 (Gmt+09:00)
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Healthcare
KT adds partner to expand Vietnam digital healthcare biz
KT Corp., a major South Korean telecom operator, has teamed up with another local company to expand its digital healthcare business in Vietnam furth...
Nov 07, 2022 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea's LS Cable to become KT Submarine's largest shareholder
South Korea’s leading cable manufacturer LS Cable & System Ltd. is poised to become the largest shareholder of undersea cable construction...
Nov 06, 2022 (Gmt+09:00)
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Artificial intelligence
Korea's LS Electric, Thai SCG to cooperate on smart factory
South Korea’s leading automation equipment maker LS Electric Co. and Thailand’s construction and chemical conglomerate Siam Cement Group...
Nov 04, 2022 (Gmt+09:00)
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Shareholder activism
KT&G taps top-tier law firm to defend itself against shareholder activism
KT&G Corp., the world’s fifth-largest tobacco maker, has appointed South Korea’s top-tier law firm Kim & Chang to take action ag...
Nov 03, 2022 (Gmt+09:00)
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Future mobility
What is a smart city? Hyundai Motor Group has a few ideas
Hyundai Motor Group on Monday released the results of its research project for smart cities in an online exhibition.In collaboration with the firm H...
Nov 01, 2022 (Gmt+09:00)
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ASK 2022
KFCC eyes recession-resistant sectors like healthcare, necessities
The Korean Federation of Community Credit Cooperatives (KFCC) is eyeing certain sectors that create stable revenue streams such as healthcare, daily...
Oct 26, 2022 (Gmt+09:00)
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Electric vehicles
Korean EV charging startup to launch business in Indonesia
South Korea’s electric vehicle charging platform startup is set to make inroads into Indonesia, a prospective EV market with the world’s...
Oct 26, 2022 (Gmt+09:00)
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Shareholder activism
Singapore PE firm proposes KT&G spin off ginseng biz
A Singaporean private equity firm has proposed a number of measures to KT&G Corp., the world’s fifth-largest tobacco maker, including a sp...
Oct 26, 2022 (Gmt+09:00)
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Corporate bonds
Korea's $35 bn plan yet to ease Legoland default woes
South Korea’s $35 billion rescue plan provided a temporary painkiller to the domestic bond markets rattled by Legoland Korea developer’s...
Oct 25, 2022 (Gmt+09:00)
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Pension funds
Korea's NPS seeks new CIO as Ahn ends term Oct. 18
South Korea’s National Pension Service (NPS) is looking for a new chief investment officer (CIO) as former CIO Ahn Hyo-joon’s term ended...
Oct 19, 2022 (Gmt+09:00)
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Korean startups
Lab-grown fish, smart pillow: LG’s choices for future
Startups making lab-cultured seafood, smart pillows and others showcased their innovative products at an exhibition hosted by LG Group, South Korea&...
Oct 14, 2022 (Gmt+09:00)
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Korean chipmakers
SK Siltron, UK's IQE to produce high-efficiency wafers for Asian market
South Korean silicon wafer maker SK Siltron Co. has teamed up with UK-based wafer products supplier IQE plc to produce gallium nitride (GaN) epitaxi...
Oct 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
LS Cable to become No.2 shareholder in KT Submarine
South Korea’s LS Group will become the No. 2 shareholder in KT Submarine Co. after buying the undersea cable construction company’s new ...
Oct 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT rebrands Olleh TV as Genie TV to transform into media portal
South Korea’s telecom giant KT Corp. is rebranding its IPTV service Olleh TV as Genie TV as part of its efforts to transform into a media port...
Oct 05, 2022 (Gmt+09:00)
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Corporate strategy
LG Energy, KT join KED’s top 30 Korean innovator list
KT Corp. and Studio Dragon Corp. have joined the ranks of South Korea’s most innovative companies thanks to their creation of cultural produ...
Sep 13, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Hyundai Motor, KT in $540 million share swap deal for future mobility
South Korea’s Hyundai Motor Group and telecom giant KT Corp. have agreed to expand their future mobility partnership through a 750 billion won...
Sep 07, 2022 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus' K-pop idol platform goes global via smart TVs
Fans of K-pop idols such as boyband sensation BTS and girl group Blackpink will be able to enjoy their live performances through smart TVs at home a...
Sep 06, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Kakao joins race to become private 5G network provider
Kakao Enterprise Corp. is poised to become a private 5G network provider, for use within the parent company Kakao Corp. and for serving outside clie...
Sep 05, 2022 (Gmt+09:00)
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Cloud computing
KKR, Macquarie race for $728 mn stake in Korea’s KT Cloud
Global private equity giants Kohlberg Kravis Roberts & Co. (KKR) and Macquarie Asset Management are among the preliminary bidders for shares wor...
Sep 05, 2022 (Gmt+09:00)
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Corporate investment
Lotte to invest $900 mn in Vietnam smart city project
Lotte Group, South Korea’s fifth-largest conglomerate, is set to invest $900 million in Vietnam to establish a smart city as it aims to accele...
Sep 05, 2022 (Gmt+09:00)
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Construction & Planning
Korea's Hyundai E&C to build smart green city in Vietnam
Hyundai Engineering & Construction Co. is poised to become the first South Korean company to join Vietnam’s green smart city development p...
Aug 31, 2022 (Gmt+09:00)
Latest News
- 1 S.Korea to have 1st civilian defense minister in decades, tap career technocrats
- 2 Fubon Bank expands Korea presence into banking
- 3 Hana Asset launches ultra-low-fee Nasdaq 100 ETF
- 4 Even barcodes copied: Counterfeits invasion threatens K-brands
- 5 Xiaomi to open first offline store in S.Korea with premium products