NHN joins race for top spot in global webtoon market
South Korean content platforms' appetite for webtoons remains strong as major players such as Naver Corp. and Kakao Corp. further ramp up their webt...
Hydrogen, aerospace, materials: key words for Korean business leaders
South Korea’s top conglomerates have enjoyed their domestic market leadership for decades with a focus on the steel, shipbuilding and petroche...
BlackRock sheds $620 mn Korean retail fund business
BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...
Korean value stocks outshine growth names in flat market
Over the past three months, domestic value stock funds in South Korea saw net outflows of 921.4 billion won ($814 million), with the benchmark Kospi...
Market jitters grow over Korean battery shares after VW’s decision
Market jitters over South Korea’s battery makers are growing after Volkswagen AG’s announcement on Monday that it will make batteries in...
Allganize eyes $26.5 bn enterprise search market
“Companies that haven't adopted artificial intelligence may eventually cease to exist,” said Lee Chang-su, founder and chief executive o...
Market Kurly faces bumpy road to 2021 US listing
South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co.,...
Samsung to ramp up EUV scanners to take on foundry leader TSMC
In the semiconductor industry, having cutting-edge equipment to produce advanced chips is crucial to chipmakers' survival, particularly foundries th...
Growing fandom of BTS, other K-pop idols revives album market
In the South Korean music industry, the emergence of Soribada, the country’s first peer-to-peer file-sharing service, in 2000 heralded the beg...
Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential
South Korea's e-commerce giant Coupang Corp. had a successful trading debut in New York on Thursday as its shares soared by 41% in their first sessi...
POSCO CEO enters 2nd term with focus on eco-friendly markets
South Korean steelmaker POSCO Co. will put its efforts into gaining dominance in new growth markets such as eco-friendly vehicles and steel bars use...
Coupang rival Market Kurly also eyes US IPO in 2021
Following the successful IPO debut of South Korea’s e-commerce giant Coupang Corp., its smaller, premium local rival Market Kurly is also cons...
LG Electronics eyes growth potential in US auto parts market
LG Electronics Inc. is aggressively expanding its automobile components business in the North American market – a move that is expected to hel...
S-Oil invests in fuel cell maker to enter hydrogen energy market
South Korea-based oil refiner S-Oil Corp. is readying to expand its business into the hydrogen energy sector by investing around 8.2 billion won ($7...
Korea Ratings forays into online due diligence for alternatives
South Korea’s leading credit rating and business valuation services provider, Korea Ratings, has stepped into the online due diligence service...
Shinsegae to enter Korean beer market with Lets Fresh Today brand
South Korea’s Shinsegae Group is entering the local beer market under the Lets Fresh Today brand as the retail giant is expanding its presence...
SK Hynix to unveil industry’s smallest pixel image sensor, eyes $24.9 bn market
Leading global chipmaker SK Hynix Inc. plans to unveil the industry’s smallest 0.7-micrometer pixel image sensor this year to enhance its pr...
Hanwha Group leader Kim Seung-youn returns to management
Hanwha Group leader Kim Seung-youn is returning to management seven years after he was banned from business activities following his conviction for ...
Naver invests €115 mn in Spain’s virtual marketplace Wallapop
Naver Corp., South Korea’s top online portal, has invested €115 million in Wallapop, a Spanish virtual marketplace, as part of its effort...
LG Electronics enters TV content platform market with its webOS software
South Korea’s LG Electronics Inc. is entering the TV content platform market by offering its web-based software to TV makers through a partner...
Korean firms rush to tap bond market ahead of rate hikes
New corporate bond issuance in South Korea is on course to hit 9.2 trillion won ($8.3 billion) in February of this year, the highest amount issued f...
Orion boosts presence in India's $15 bn confectionery market
South Korea-based confectionery Orion Corp. has set up a plant in India, the second-most populous country in the world, to respond quickly to local ...
Korea’s EV battery trio controls half of global market ex-China
South Korea’s LG Energy Solution Ltd. and two other major domestic electric vehicle battery makers have grown significantly, controlling more ...
Korean game firms target global market with IP portfolio
The growth of South Korea's game industry this year is likely to be led by new titles created by cashing in on the intellectual property of popular ...
Amorepacific, Shopee ink partnership for Southeast Asian market
Amorepacific Corp., the South Korean beauty giant, has signed a partnership agreement with Shopee, a Singaporean e-commerce platform, to expand it...
Korean stock markets set for record-high IPOs in 2021
Initial public offerings in South Korea are expected to top 20 trillion won ($18 billion) in value this year, the largest amount for a single year i...
Global folding screen market to explode as Samsung set to supply to China
Samsung Display Co., a leading South Korean display panel maker, will supply foldable displays to select smartphone makers in China amid industry fo...
Kia aims to become purpose-built vehicle market leader: CEO
Kia Corp. recently dropped Motors from its name and changed the design and color of the logo that had represented the Korean automaker globally for ...
Startups spice up Korean food export market
South Korean startups are at the forefront of the Korean food export boom as they boost global awareness of popular dishes such as spicy fermented c...
Korea’s top online flea market set to raise $180 mn in funding
Danggeun Market Inc., South Korea’s largest online flea market operator, is poised to raise up to 200 billion won ($180 million) in fresh fund...
