Orion boosts presence in India's $15 bn confectionery market

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

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

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, 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

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

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 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

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

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...

Naver, Big Hit, YG join forces to conquer K-pop fan community market

Naver, Big Hit, YG join forces to conquer K-pop fan community market

The K-pop fan community scene is set to heat up even further as South Korea platform giant Naver Corp. joins forces with BTS label Big Hit Entertain...

Kia delivers Q4 earnings surprise; operating profit hits all-time high

Kia delivers Q4 earnings surprise; operating profit hits all-time high

Kia Corp., South Korea’s second-largest automaker, on Wednesday posted a record quarterly operating profit on the back of strong sales of high...

Naver-invested startups line up for IPOs; market seems welcome

Naver-invested startups line up for IPOs; market seems welcome

South Korean startups invested in by top online portal Naver Corp. are gearing up for debuts on the local bourse amid expectations of a welcome mark...

S.Korea's online fashion platform eyes global expansion

S.Korea's online fashion platform eyes global expansion

Online fashion platform Musinsa Co., a familiar name among Gen Zers and millennials in South Korea, is ready to go global. This month, the Korean co...

Netflix sweeps S.Korean content market

Netflix sweeps S.Korean content market

Global streaming giant Netflix Inc. has become a leading platform in South Korea, boasting around 4.1 million paid subscribers and earning over 500 ...

BOK governor warns of abrupt stock market correction; holds rate steady

BOK governor warns of abrupt stock market correction; holds rate steady

South Korea’s central bank governor has warned of an abrupt stock market correction, asking investors to refrain from excessive borrowing amid...

S.Korea's stock market cap tops nominal GDP for the first time

S.Korea's stock market cap tops nominal GDP for the first time

The combined value of South Korea’s main stock market, which wrapped up last year at its highest-ever closing level, topped the country’...

SUVs drive up Hyundai, Kia in US market; G80 named safest car of year

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...

Korea’s stock markets rise most among majors; beat S&P 500, Nasdaq gains

Korea’s stock markets rise most among majors; beat S&P 500, Nasdaq gains

South Korean bourses on Wednesday wrapped up this year's trade at their highest levels of the year, rising the most among major equity markets and b...

Korea’s liquidity-driven IPO market sets slew of fresh records in 2020

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...

Samsung overtakes TSMC as top chipmaker by market cap

Samsung overtakes TSMC as top chipmaker by market cap

Samsung Electronics Co. has reclaimed its throne as the world's largest semiconductor company, overtaking global foundry giant Taiwan Semiconductor ...

Seoul stock markets brimming with startup IPOs in Jan

Seoul stock markets brimming with startup IPOs in Jan

Singapore-based biosimilar maker Prestige BioPharma and nine startups are set to make initial public offerings in Seoul to raise at least 640 billio...

Korea’s venture capital firms poised to grow, no bubble seen in market

Korea’s venture capital firms poised to grow, no bubble seen in market

Growth in South Korea’s venture capital investments has been slow relative to the pace of the country’s economic growth, creating an opp...

K-content companies set to rule 2021 stock market after breakneck growth

K-content companies set to rule 2021 stock market after breakneck growth

Once considered just one of many Asian entertainment products, Korean dramas, games, music and webtoons – collectively known as K-content &nda...

POSCO aims for top spot in EV battery materials market

POSCO aims for top spot in EV battery materials market

Electric car batteries are often dubbed as "another semiconductor" in South Korea, a reference to the importance of semiconductor chips, key drive...

Kakao, Tencent join forces to tackle Chinese market

Kakao, Tencent join forces to tackle Chinese market

South Korea’s leading platform giant Kakao Corp. has joined hands with China’s tech giant Tencent Holdings Ltd. to tap into the Chinese ...

Global NAND market in game of chicken as Samsung ups ante

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...

Naver, Kakao wrestle for crown in webtoon market

Naver, Kakao wrestle for crown in webtoon market

South Korea’s leading webtoon (digital comics) platforms are wrestling to secure the No. 1 position in the global market as they work to tak...

PEFs gaining clout in Korea’s broader M&A sectors

PEFs gaining clout in Korea’s broader M&A sectors

Private equity firms have been leading South Korea’s mergers and acquisitions markets in a broader range of sectors in recent years, represent...

Naver confident third time’s a charm in Japan's search engine market

Naver confident third time’s a charm in Japan's search engine market

South Korea’s portal giant Naver Corp. is hoping third time’s a charm as it gears up to re-enter the Japanese search engine market after...

Samsung Electronics hits record-high global TV market share in Q3

Samsung Electronics hits record-high global TV market share in Q3

Samsung Electronics Co.’s global TV market share rose to record levels in the third quarter in value terms, boosted by large-size organic ligh...

South Korea moves to mandate treasury share cancellation South Korean airlines bank on China routes for profit recovery Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold