overseas expansion
Scope
Date
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Korean SMEs
Camera module supplier Partron eyes record sales, considers affiliate IPO
South Korea’s Partron Co., specialized in electronic parts for telecommunication devices, started as a mobile phone antenna maker in 2003 afte...
Jun 04, 2021 (Gmt+09:00)
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Business & Politics
LG Electronics expands overseas appliance plants as it exits phone business
LG Electronics Inc. is expanding its overseas production facilities as the South Korean home appliance giant is shifting gears toward new growth dri...
Jun 02, 2021 (Gmt+09:00)
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Interview
How India is becoming 'heaven' for Korean startups
India is becoming an attractive destination for South Korean startups that are eyeing overseas expansion, given the country's vast population and di...
Jun 02, 2021 (Gmt+09:00)
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Webtoons
Concurrent deal closings by Kakao, Naver: Mere coincidence?
Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) inve...
May 24, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Chat fiction app operator eyes global expansion, webtoon market
As smartphones have become essential to everyday life, chat fiction -- storytelling in the form of fictional text messaging -- has become popular am...
May 18, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix mulls foundry expansion, advances capex to ease chip shortage
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday that it is looking into various options to grow its foundry busi...
Apr 28, 2021 (Gmt+09:00)
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Construction & Planning
Lotte Chem eyes global EOA leadership with capacity expansion
Lotte Chemical Corp. plans to further expand the production line for ethylene oxide adduct (EOA), a specialty material used in the construction indu...
Apr 27, 2021 (Gmt+09:00)
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Entertainment
Korean content shares soar as platforms eye overseas expansion
Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...
Apr 14, 2021 (Gmt+09:00)
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E-commerce
Coupang to start first overseas operation in Singapore
South Korea’s e-commerce giant Coupang Corp. is moving forward with its global expansion plans by entering the Singapore market. The New York ...
Apr 12, 2021 (Gmt+09:00)
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Pension funds
NPS inks over $20 bn in overseas alternative investments via partnerships
The National Pension Service (NPS) signed new contracts worth around 23 trillion won ($20.1 billion) abroad in alternative investments last year, de...
Feb 25, 2021 (Gmt+09:00)
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Korean food
Daesang marks Indonesia as hub for Middle East expansion
South Korea-based Daesang Corp. plans to beef up investment in Indonesia as part of its strategy to foster future growth drivers and to tap into the...
Feb 18, 2021 (Gmt+09:00)
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Korean startups
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...
Jan 21, 2021 (Gmt+09:00)
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Batteries
Hyundai inks deal to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. has signed a contract to build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to en...
Jan 15, 2021 (Gmt+09:00)
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Energy
Total, Hanwha to set up JV for $1.8 bn US solar expansion
French refiner Total SE and South Korea’s Hanwha Energy Corp. have agreed to set up a joint venture to build solar power plants and storage ce...
Jan 15, 2021 (Gmt+09:00)
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EV Batteries
SK Innovation to raise $920 mn for US battery plant expansion
South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...
Jan 07, 2021 (Gmt+09:00)
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Batteries
Hyundai Motor to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...
Jan 05, 2021 (Gmt+09:00)
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Alternative investments
Brokerage firms see losses on $7 bn overseas alternatives
South Korea’s 22 brokerage firms have classified a combined 7.5 trillion won ($6.9 billion), or 15.7%, of their cumulative overseas alternat...
Jan 04, 2021 (Gmt+09:00)
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Year-end review
Korea’s retail investors go West, eye golden ticket for big money
For South Korean stock investors, 2020 may go down in history as the year of The Great Quest for big money, and at the end of their journey they fou...
Dec 31, 2020 (Gmt+09:00)
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Interview
D.CAMP eyes tech startups for global expansion
D.CAMP, South Korea's largest non-profit foundation for startups, is on the lookout for domestic tech startups with the potential to go big in glo...
Dec 23, 2020 (Gmt+09:00)
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Batteries
SKC to build first overseas copper foil plant in Malaysia
SKC Ltd., a chemical materials maker of South Korea’s SK Group, is planning to more than quadruple its production capacity of copper foils, a ...
Dec 15, 2020 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics buys land in Austin, eyes foundry expansion
Samsung Electronics Co. has purchased a giant lot of land in Austin, Texas, where its US chip plant is located, raising expectations that the compan...
Dec 09, 2020 (Gmt+09:00)
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Fiber & Textile
Hyosung pumps $53 mn into Turkey spandex factory expansion
South Korea's textile maker Hyosung TNC Corporation has invested 60 billion won ($52.8 million) to expand its spandex production facility in Cerkezkoy...
Nov 02, 2020 (Gmt+09:00)
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IPOs
Korean fried chicken brand eyes global expansion post-IPO
Kyochon F&B, South Korea’s No.1 fried chicken franchise operator, will increase its number of overseas outlets by more than tenfold by 2025 ...
Oct 22, 2020 (Gmt+09:00)
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Pension funds
NPS extends term for CIO Ahn Hyo-joon; likely to drive overseas investment
Ahn Hyo-joon, the incumbent chief investment officer at the National Pension Service will see his term extended by one year, the NPS and the Ministry ...
Oct 06, 2020 (Gmt+09:00)
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Korean brokerage firms sitting on $7 bn in overseas properties yet to sell down
South Korean brokerage firms, having scooped up $20 billion worth of overseas real estate deals over the past three years, are now saddled with $7 bil...
Oct 06, 2020 (Gmt+09:00)
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Venture capital
KB Investment bulks up VC funds as parent group drives SE Asia expansion
KB Investment Co., the venture capital arm of South Korea’s KB Financial Group, is raising 100 billion won ($86 million) in a fund to invest in ...
Sep 21, 2020 (Gmt+09:00)
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Entertainment
Studio Dragon sets sights overseas, $3.4 bn market cap possible: analyst
South Korea’s leading drama producer Studio Dragon Corp. is expected to post handsome earnings in coming years, boosted by a steady stream of jo...
Sep 16, 2020 (Gmt+09:00)
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Markets
Korea’s major companies’ Q2 overseas sales drop 20% due to pandemic
South Korea’s top 100 companies saw their overseas sales shrink by a fifth in the second quarter from the year-earlier period, weighed by the fa...
Sep 07, 2020 (Gmt+09:00)
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Energy storage system
Korean ESS companies ramp up overseas business eyeing 40% revenue hikes
South Korean tech heavyweights Samsung SDI Co. and LG Chem Ltd. are expected to expand their market share as they secure hefty energy storage system (...
Aug 31, 2020 (Gmt+09:00)
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Energy
South Korea moves in on overseas coal project financing ban
South Korea's parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired plant deal...
Aug 24, 2020 (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