Young, female, foreign: Hyundai Motor Group’s new BOD
South Korea’s Hyundai Motor Group, under its new leader Chung Euisun, is seeking changes on its board of directors, the group's top business d...
LG Innotek to up capex on camera modules ahead of new iPhone launch
South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, will spend 80% of its 2020 operating profit, or 547.8 billion ...
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 ...
Hanwha Solutions to sell $1.3 bn new shares in clean energy push
Hanwha Solutions Corp. plans to raise 1.41 trillion won ($1.3 billion) in a rights offering next month following more than a five-fold jump in its s...
LS Group chairman touted as new KITA head
The Korea International Trade Association (KITA) is expected to begin the appointment process for its new chair this week. South Korean conglomerate...
Coupang applies for IPO on New York Stock Exchange
Coupang Corp., 37% owned by SoftBank Group, is set to become the first Korean company to list directly on the New York Stock Exchange, with its valu...
Korea Post names new CIOs of savings, insurance arms
Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...
LG Display to invest $750 million in Vietnam OLED module plant
LG Display Co., a major South Korean display panel maker, will invest $750 million in its display plant in Vietnam to meet rising demand from electr...
K-pop labels' revenue model shift to usher in new valuations
South Korean entertainment companies are expanding their scope beyond the music scene and shifting to platform services, ushering in new valuations ...
Long-term treasury yields surge on talk of new relief fund
The ruling Democratic Party’s push to hand out "a substantial amount" of new relief money has rattled the South Korean debt market, sending lo...
Seoul office building transactions at record high in 2020
Brisk investment demand drove office building prices higher in Seoul and its southern neighboring area last year, with their combined transactio...
Samsung remains tight-lipped on new US chip plant reports
Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...
ESG becomes name of the game on Korean corporate boards
South Korea’s big companies, such as Samsung, Hyundai and LG, are increasingly embracing environmental, social and governance (ESG) standards ...
Kia drops Motors from name, unveils roadmap for new EV models
Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...
S.Korean game behemoth invests $16 mn in Elon Musk's SpaceX
The founder of South Korea's leading game company Nexon Co. has invested $16 million in SpaceX, the aerospace company headed by Elon Musk, chief e...
LG Display unveils brighter next-generation OLED TV panel, to add models
LG Display Co., a major South Korean display panel maker, has unveiled a next-generation OLED TV panel that enables brighter and more vivid picture ...
S.Korean game industry boasts strong growth; set to exceed $16 bn
South Korea’s game market size is projected to exceed 18 trillion won ($16.6 billion) this year, driven by game enthusiasts who have remained ...
SUVs drive up Hyundai, Kia in US market; G80 named safest car of year
A slate of new sport utility vehicles are driving up Hyundai Motor Group's market share in the US, where its two automaking units have relied on sed...
Delivery Hero welcomes Baemin, seeks new home for Yogiyo
Germany-based online food delivery service Delivery Hero SE will sell off its prized South Korean business, Yogiyo, the country's second-largest...
Korea’s liquidity-driven IPO market sets slew of fresh records in 2020
As the stock markets around the globe took a wild ride amid the pandemic in 2020, ample liquidity led to plenty of fresh records in the initial publ...
Kakao Games injects $173mn into S.Korean game company
Kakao Games Corp. has injected around 190 billion won ($173 million) into South Korean game company Neptune Corp., pouring in nearly half the proc...
Samsung clinches 2nd deal to make Nvidia’s latest gaming chips
Samsung Electronics Co. will manufacture Nvidia Corp.’s latest gaming chips in the second such contract of the year from the US chipmaker, as ...
Neptune rises as dark horse in global game industry
A South Korean game company is hoping to shake up the global game landscape with its latest title, Eternal Return: Black Survival, a PC game that ...
Hyundai Motor Chairman's inner circle promoted to key leadership
Hyundai Motor Group has carried out a massive reshuffling among its key affiliates, with members of Chairman Chung Euisun's inner circle promoted ...
SK injects $200 mn into Roivant partnership for new drug development
SK Holdings Co., the holding company of South Korean conglomerate SK Group, has become the first Korean company to foray into the targeted protein d...
POBA seeks new global REIT manager for $100 mn mandate
South Korea’s Public Officials Benefit Association (POBA) will select a new global real estate investment trust (REIT) management firm to inve...
S.Korean games, entertainment eye China return after 3-year ban
South Korea's game and entertainment companies saw their share prices surge on rising expectations of a return to the Chinese market after a Korea...
Hyundai Motor unveils all-new electric vehicle platform E-GMP
Hyundai Motor Co. has unveiled a new platform, which will underpin its electric vehicles in coming years as South Korea’s largest automotive g...
Global NAND market in game of chicken as Samsung ups ante
Samsung Electronics Co. is upping the ante to extend its leadership in the memory chip sector with a vow to invest heavily in the NAND business next...
Saudi crown prince to be top shareholder of Seoul-listed gaming firm
The Crown Prince of Saudi Arabia Mohammed bin Salman has agreed to buy 240 billion won ($217 million) worth of shares in the South Korea-listed game...
