post-COVID-19
Scope
Date
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Automobiles
Hyundai NEXO, Toyota Mirai to compete in fuel cell cars as Honda exits
Japan’s Honda Motor Co. has announced it is exiting the hydrogen fuel cell vehicle market, leaving Toyota Motor Corp. and South Korea’s ...
Jun 18, 2021 (Gmt+09:00)
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COVID-19
CureVac may pick Korea as Asian base for COVID vaccine production
German biopharmaceutical company CureVac N.V. may choose South Korea as one of its global production bases for the COVID-19 vaccine following Korean...
Jun 16, 2021 (Gmt+09:00)
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Pension funds
Govt pension fund to ease due diligence to revive global deals
South Korea's Government Employees Pension Service (GEPS) has abandoned its onsite only due diligence requirements on alternative deals in an effort...
Jun 14, 2021 (Gmt+09:00)
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Korean chipmakers
Chip shortage hits Korea’s COVID-19 diagnostic device manufacturers
The global chip shortage is impacting South Korea’s COVID-19 test device makers. They are paying up to 10 times the normal price of semiconduc...
Jun 07, 2021 (Gmt+09:00)
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Venture capital
Vision Fund loss slashes Masayoshi Son’s 2020 salary by 52%
SoftBank Group founder and CEO Masayoshi Son’s salary more than halved last year, according to the group’s regulatory filing on May 28.T...
May 28, 2021 (Gmt+09:00)
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Alternative investments
Hana buys Osaka logistics center for about $140 mn
South Korea's Hana Alternative Asset Management Co. has beat 16 Japanese bidders to acquire a logistics center in the port of Osaka, Japan for ¥...
May 28, 2021 (Gmt+09:00)
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Buyout funds
KKR's flagship fund attracts $400 mn from NPS, Korea Post
KKR & Co. has attracted a combined $400 million from the National Pension Service and Korea Post for its latest flagship fund that raised $18.5 ...
May 21, 2021 (Gmt+09:00)
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IPOs
Korea's COVID-19 test kit maker applies for $1.2 bn IPO
SD Biosensor Inc., South Korea's largest manufacturer of COVID-19 test kits, has applied for an initial public offering to raise up to 1.3 trillion ...
May 19, 2021 (Gmt+09:00)
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Alternative investments
Korea Post commits €80 mn to Sweden's EQT Partners
Korea Post's insurance arm has committed €80 million ($97 million) to a new flagship fund of Swedish private equity firm EQT Partners that rais...
May 12, 2021 (Gmt+09:00)
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COVID vaccines
Samsung Biologics in talks to produce Pfizer’s COVID-19 vaccine
South Korea’s Samsung Biologics Co. is in talks with Pfizer Inc.to produce the US drugmaker’s COVID-19 vaccine under a contract manufact...
May 12, 2021 (Gmt+09:00)
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Earnings
Kumho Petrochem posts strong Q1, chairman resigns to end family feud
Kumho Petrochemical Co. has again stunned the market by reporting its highest-ever quarterly revenue and profit figures in the first quarter of this...
May 04, 2021 (Gmt+09:00)
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ASK 2021
Howard Marks to talk about post-pandemic investments
Veteran value investor Howard Marks, Oaktree Capital Management co-founder and co-chairman, will give a keynote speech on the topic of "Investing in t...
May 04, 2021 (Gmt+09:00)
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Automobiles
Kia posts record US sales for 2nd straight month, driven by SUVs
Kia Corp., an automaking affiliate of the Hyundai Motor Group, on Monday posted its best-ever monthly US auto sales for a second straight month in A...
May 03, 2021 (Gmt+09:00)
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Earnings
Hyosung units post record Q1 earnings, justifying high valuation
The major subsidiaries of South Korea’s textile and chemicals conglomerate Hyosung Group have delivered positive earnings surprises for the fi...
May 03, 2021 (Gmt+09:00)
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Earnings
Samsung reports highest Q1 revenue, expects chip rebound in Q2
Samsung Electronics Co. has recorded the highest first-quarter revenue figures in the company’s history, thanks to strong performances in its ...
Apr 29, 2021 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific posts 191.1% growth in Q1 profit, recovers in China
South Korea’s cosmetics giant Amorepacific Group reported a sharp turnaround in revenue and operating profit for the first quarter of 2021.The...
Apr 28, 2021 (Gmt+09:00)
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COVID-19
Genexine exports COVID vaccine candidate to Indonesia
Genexine Inc., one of the five South Korean pharmaceutical companies whose COVID-19 vaccine candidates have entered clinical trials, will export its...
Apr 28, 2021 (Gmt+09:00)
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Carbon neutrality
Korea has vital role in a green post-COVID world
Rapid development and roll-out of COVID-19 vaccines globally are occupying the headlines of major media outlets. We are now well over a year into the ...
Apr 20, 2021 (Gmt+09:00)
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Electronics
Cuckoo home appliances post record sales in US, Vietnam
South Korea’s leading kitchen appliances maker Cuckoo Holdings Co. has posted record growth in overseas sales, largely driven by successes i...
Apr 05, 2021 (Gmt+09:00)
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Premium brand
Hyundai Motor to launch Genesis in China, posts record US sales
Hyundai Motor Co. and sister firm Kia Corp. posted their best-ever March and first-quarter sales in the US, where the South Korean companies are wor...
Apr 02, 2021 (Gmt+09:00)
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Webtoons
French webtoon platform posts over 200% growth via Korean content
South Korea’s online content platform KidariStudio Inc. announced on Mar. 31 that its France-based webtoon arm, Delitoon SAS, logged around 10...
Mar 31, 2021 (Gmt+09:00)
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COVID-19
SK Bioscience halts flu vaccine output to focus on COVID vaccines
South Korea’s SK Bioscience Co. is suspending production of SKYCellflu, an influenza vaccine, to focus on manufacturing COVID-19 vaccines inst...
Mar 30, 2021 (Gmt+09:00)
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AgTech
Daedong rebrands with name change, posts record earnings
South Korea’s top farm machinery maker Daedong Corporation has changed its name from Daedong Industrial Co. to strengthen its brand identity a...
Mar 30, 2021 (Gmt+09:00)
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Earnings
Kakao’s private affiliates post record growth in 2020
South Korean tech giant Kakao’s unlisted subsidiaries have posted record-high growth figures for the previous financial year. According to Kak...
Mar 19, 2021 (Gmt+09:00)
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COVID-19
Green Cross in talks with Russia to produce COVID-19 vaccine
South Korea’s pharmaceutical company Green Cross Corporation (GC) is holding a series of close meetings on contract manufacturing of Russia&rs...
Mar 18, 2021 (Gmt+09:00)
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Central bank
BOK posts record 2020 net income on higher foreign asset gains
The Bank of Korea paid the second-highest amount of tax revenue in the country last year, trailing only Samsung Electronics Co., after the South Kor...
Mar 12, 2021 (Gmt+09:00)
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Pension funds
NPS posts near 10% returns for second straight year
The National Pension Service (NPS) has reported a provisional return rate of 9.7 percent in 2020, marking the second time for the South Korean pensi...
Feb 24, 2021 (Gmt+09:00)
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Celltrion eyes COVID-19 vaccine development
South Korea-based Celltrion Inc. has alluded to the possibility of developing a COVID-19 vaccine on the grounds that securing a vaccine is essential...
Feb 19, 2021 (Gmt+09:00)
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Retail
Korean fried chicken brand reports all-time high earnings in 2020
South Korea's No. 1 fried chicken brand Kyochon F&B reported all-time high earnings last year, with its franchise restaurant outlets pulling in ...
Feb 16, 2021 (Gmt+09:00)
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Market Trend
Survival of the fittest for Korean firms in COVID-19 era
The global COVID-19 pandemic has shaken up South Korea's industry landscape, whereby in each of the country's core industries, such as airline, smar...
Feb 15, 2021 (Gmt+09:00)
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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