next-gen launcher operator
Scope
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Tech, Media & Telecom
KT maintains throne in Korea pay TV market in H2 2021
KT Corp., a major South Korean telecommunications company, and its affiliates had the largest subscribers of the country’s pay TV services, ma...
May 19, 2022 (Gmt+09:00)
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IPOs
LG CNS sees record-high revenue, operating profit in Q1
In the first three months of this year, LG CNS had the best performing first quarter in its history. The LG Corp. subsidiary set records for both re...
May 16, 2022 (Gmt+09:00)
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Future mobility
S.Korea to launch $1.3 bn air taxi research project
The South Korean government will launch a 1.6 trillion won ($1.3 billion) project to set basic standards for urban air mobility (UAM), or air taxi, ...
May 13, 2022 (Gmt+09:00)
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Carbon neutrality
Hyundai Oilbank steps up eco-friendly white bio business
Hyundai Oilbank Co., a South Korean petroleum and refinery company, is slated to tap into the white biotechnology market. The company has selected w...
May 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
S.Korean CEOs chase M&A targets in same industry
Some 72% of South Korea's chief executives surveyed by consulting firm EY intend to carry out M&As within the next 12 months to increase their m...
May 10, 2022 (Gmt+09:00)
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Korean stock market
Hyundai Heavy likely to be added to MSCI Korea index
Hyundai Heavy Industries Co., the world's largest shipbuilder, is the strongest candidate to be included in the MSCI Korea Index next week as part o...
May 06, 2022 (Gmt+09:00)
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The KED View
Following Japan’s economic decline
When it comes to the economy, would it be faster for South Korea to surpass Japan or be surpassed by Taiwan?Recently, all eyes are on the three East...
Apr 29, 2022 (Gmt+09:00)
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Electric vehicles
LS Group revs up to enter EV charging business
South Korean conglomerate LS Group is eyeing the growing electric vehicle industry and the markets derived from it. The group announced the lau...
Apr 29, 2022 (Gmt+09:00)
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Earnings
LG Elec. sees tough road ahead after record earnings in Q1
LG Electronics Inc., the world’s top home appliances maker, expects business conditions to deteriorate in the second quarter amid higher costs...
Apr 28, 2022 (Gmt+09:00)
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Energy
SK Earthon to explore oil block off Malaysian coast
South Korea’s SK Earthon Co., an energy and petroleum unit of SK Innovation Co., and Malaysia's Petroleum Sarawak Exploration & Production...
Apr 25, 2022 (Gmt+09:00)
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Earnings
Naver to cut costs for profitability after disappointing Q1
Naver Corp., South Korea’s dominant online platform, will focus on cutting costs and reducing new hiring to improve profitability as its disap...
Apr 21, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to supply chip substrate for Apple’s next-gen M2 processor
Samsung Electro-Mechanics Co. will supply its semiconductor package substrate to Apple Inc. for the US tech giant’s next-generation M2 process...
Apr 21, 2022 (Gmt+09:00)
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Korean Investors
Direct lending remains the top PD strategy for Korean LPs
Around 70% of South Korean key asset owners will expand their exposure to global private debt, expecting steady streams of cash flow, according to a r...
Apr 19, 2022 (Gmt+09:00)
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Korean startups
S.Korea’s luxury e-commerce startups poised to become unicorns
South Korea’s e-commerce startups are enjoying massive hikes in their valuations on the back of robust online spending by millennials and memb...
Apr 14, 2022 (Gmt+09:00)
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Retail
Lotte to end dawn delivery service where Coupang, Kurly lead
South Korea’s retail giant Lotte Group will cease dawn delivery services for fresh food from this weekend, two years after it jumped into the ...
Apr 13, 2022 (Gmt+09:00)
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Korean startups
Creator tech startup Awake Corp. attracts over $892,000 in seed funding
Awake Corp., a startup that operates platforms to assist online creators, recently attracted 1.1 billion won ($892,473) in seed capital. The total a...
Apr 12, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy set for 2023 turnaround after eight years of losses
Samsung Heavy Industries Co., one of South Korea's Big Three shipbuilders, was once on the list of assets its parent Samsung Group wanted to sell to...
Apr 11, 2022 (Gmt+09:00)
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Batteries
POSCO Chem breaks ground for battery material plant
South Korea’s POSCO Chemical Co. started construction of a battery material plant in the country as a part of its plan to boost production cap...
Apr 07, 2022 (Gmt+09:00)
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IPOs
Kurly’s mounting losses spark controversy over planned IPO
South Korea’s Kurly Inc. nearly doubled its on-year losses on higher costs last year -- raising market controversy over its listing -- as the ...
Apr 06, 2022 (Gmt+09:00)
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Earnings
Korea manufacturers see dismal Q1 after stellar profits in 2021
South Korean companies, especially manufacturers, suffered surging commodity prices, a weak won currency and global logistics disruptions in the fir...
Apr 01, 2022 (Gmt+09:00)
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Korean startups
SaaS provider Clika wants to lead S. Korea's MLOps market
The wider adoption of artificial intelligence around the globe calls for more data in the form of high quality photos, videos, and text. With t...
Apr 01, 2022 (Gmt+09:00)
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Shareholder activism
Activist fund wins over K-pop pioneer at SM Entertainment annual meeting
South Korea’s entertainment behemoth SM Entertainment Co. is poised to have a new outside auditor – a measure expected to bring a much-a...
Mar 31, 2022 (Gmt+09:00)
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Healthcare
EDGC enters US procurement market with medical supplies
Eone Diagnomics Genome Center Co. (EDGC), a South Korean healthcare firm specializing in genetic analysis technology, is set to enter the US governm...
Mar 31, 2022 (Gmt+09:00)
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Samsung Group
Samsung to work with Western Digital on next-gen storage technology
Samsung Electronics Co. and Western Digital Technologies Inc. announced Wednesday the two parties signed a memorandum of understanding (MOU) to coll...
Mar 31, 2022 (Gmt+09:00)
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Corporate bonds
NongHyup Life to issue $493 mn in subordinated bonds
NongHyup Life Insurance Co. of South Korea is slated to issue 10-year-maturity subordinated bonds worth 600 billion won ($492.6 million) on March 31...
Mar 29, 2022 (Gmt+09:00)
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Business & Politics
Blue house brawl: South Korea spars over where next president will live
SEOUL—South Korea’s political division runs so deep now that the country can’t agree where the next president should liv...
Mar 29, 2022 (Gmt+09:00)
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Korean startups
Art investment platform operator Yeolmae Co. raises $14 mn in Series B
South Korean startup Yeolmae Company announced Monday it received 17 billion won ($14 million) worth of funds through its Series B round. With the l...
Mar 28, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea shipbuilders aim for strong demand on tougher rules
South Korea’s shipbuilders targeted demand for new vessels and ship modification as tougher environmental regulations are scheduled to take ef...
Mar 25, 2022 (Gmt+09:00)
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Corporate restructuring
Lotte Group’s confectionery and food shares jump 5% on merger news
Shares of both Lotte Confectionery and Lotte Food rose more than 5% Thursday on expectations of synergy effects from their upcoming merger. A d...
Mar 25, 2022 (Gmt+09:00)
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Entertainment
Europe emerges as battleground for webtoon dominance
South Korea’s tech behemoths Naver Corp. and Kakao Corp. are intensifying competition over who will dominate the global webtoon market. ...
Mar 21, 2022 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet