S.Korea: 11th in global export market for top-ranked items

South Korea ranks 11th in global export market shares with 69 top-ranked items -- reaching an all-time high In 2019, South Korean products ranked 1...

PEFs knocking on door of Korean IPO market for profitable divestment

South Korean and overseas private equity firms are knocking on the door of the initial public offering market for profitable divestments, riding the...

Samsung to jump into laptop processor market with Exynos chip in H2

With the global laptop computer market growing rapidly in the pandemic-caused work-and-learn from home era, Samsung Electronics Co. is working on a ...

Samsung sharpens DRAM marketing prowess vs Micron

During Samsung Electronics Co.'s first-quarter conference call with analysts on Apr. 26, UBS analyst Nicolas Gaudois asked about the South Korean ch...

Freelancer market platform Kmong raises near $28mn in Series C round

South-Korea based freelancer market platform Kmong Inc. has successfully attracted 31.2 billion won ($27.8 million) in its latest Series C funding, ...

SK Hynix CEO bullish on memory outlook, eyes $12 billion profit

The chief executive of SK Hynix Inc., the world’s second-largest memory chipmaker, aims to achieve as much as 13 trillion won ($12 billion) in...

LG Chem delivers Q1 earnings surprise on cash-cow petrochem business

South Korea’s LG Chem Ltd. said on Wednesday that its quarterly revenue and operating profit rose to all-time highs in the January-March perio...

Templeton to pull out of Korean retail fund market

Franklin Templeton Investments' South Korean arm is in talks with a domestic asset management company to sell its retail operations, following Black...

Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

IMM Private Equity to acquire 40% stake in SK Lubricants for $900 million

Seoul-based IMM Private Equity will acquire a 40% stake in South Korea’s SK Lubricants Co., wholly owned by SK Innovation Co., for about one t...

Hyundai Motor Q1 net profit triples; chip shortage dims Q2 outlook

South Korea’s top automaker Hyundai Motor Co. said on Thursday its first-quarter net profit nearly tripled to the highest level in four years,...

Samsung unveils mid-band 5G equipment to target $9.9 bn US market

Samsung Electronics Co. has unveiled a range of fifth-generation wireless equipment solutions targeting the US mobile service market, expected to ac...

Narrower price gap to LCD underpins OLED TV market

A rapid increase in liquid crystal display (LCD) panel prices has sharply narrowed the price gap between LCD panels and organic light-emitting diode...

Citibank Korea's retail arm sale may fuel M&A market

Citigroup Inc.'s plan to exit from South Korea's retail banking market may invigorate the country's M&A market, with small-sized, non-banking fi...

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 ...

Foreigners return to Korean market; Kosdaq at near 21-year high

Foreign investors, the dominant players on the Korean bourse, are returning as buyers of Samsung Electronics Co. and other blue chips, keeping the m...

NHN joins race for top spot in global webtoon market

South Korean content platforms' appetite for webtoons remains strong as major players such as Naver Corp. and Kakao Corp. further ramp up their webt...

BlackRock sheds $620 mn Korean retail fund business

BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...

Outlook for Korean battery shares evenly split amid weak performance

South Korea’s major battery makers, which have underperformed the broader stock market since the start of the year, remain opaque as fund mana...

Korean value stocks outshine growth names in flat market

Over the past three months, domestic value stock funds in South Korea saw net outflows of 921.4 billion won ($814 million), with the benchmark Kospi...

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...

Market jitters grow over Korean battery shares after VW’s decision

Market jitters over South Korea’s battery makers are growing after Volkswagen AG’s announcement on Monday that it will make batteries in...

Allganize eyes $26.5 bn enterprise search market

“Companies that haven't adopted artificial intelligence may eventually cease to exist,” said Lee Chang-su, founder and chief executive o...

Market Kurly faces bumpy road to 2021 US listing

South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co.,...

Growing fandom of BTS, other K-pop idols revives album market

In the South Korean music industry, the emergence of Soribada, the country’s first peer-to-peer file-sharing service, in 2000 heralded the beg...

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

South Korea's e-commerce giant Coupang Corp. had a successful trading debut in New York on Thursday as its shares soared by 41% in their first sessi...

POSCO CEO enters 2nd term with focus on eco-friendly markets

South Korean steelmaker POSCO Co. will put its efforts into gaining dominance in new growth markets such as eco-friendly vehicles and steel bars use...

Coupang rival Market Kurly also eyes US IPO in 2021

Following the successful IPO debut of South Korea’s e-commerce giant Coupang Corp., its smaller, premium local rival Market Kurly is also cons...

LG Electronics eyes growth potential in US auto parts market

LG Electronics Inc. is aggressively expanding its automobile components business in the North American market – a move that is expected to hel...