LG Display to raise $1 billion to ramp up OLED module line in Vietnam

LG Display Co., a major South Korean display panel maker, said on Wednesday it is raising $1 billion in new funding from global banks to expand its ...

Voice Caddie, Daol PE acquire US golf grip brand SuperStroke

Voice Caddie, a South Korean maker of golf course rangefinders and related golf products, and Daol Private Equity are jointly acquiring SuperStroke,...

Hanwha invests $115 mn in urban air mobility firm Overair

South Korea’s Hanwha Systems Co. and Hanwha Aerospace Co. have invested a combined $115 million in Series B funding for Overair Inc., a Califo...

LB Investment submits preliminary IPO assessment request to KRX

LB Investment has submitted a preliminary assessment request to the Korea Stock Exchange, the first step to an initial public offering. It chose Mir...

Renault confident of Korean sales recovery; looks to larger cars

When French carmaker Groupe Renault dropped Samsung from its South Korean unit's company name in March, it aroused worries that the firm may not be ...

LG Display to target 3 billion gamers with dedicated OLED

South Korea’s major display panel maker LG Display Co. aims to attract 3 billion gamers worldwide by fostering products dedicated to gaming as...

McDonald’s to sell Korea operation, heating up burger M&As

McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...

Korea's small webtoon platforms eye global adult markets

South Korea’s smaller webtoon platforms are targeting the world’s digital adult comics market, in which industry leaders Naver Corp. and...

Naver to enter smart building market with 5G, AI robots

South Korea’s online portal giant Naver Corp. is set to enter the local smart building market with its cloud-based 5G networks and artificia...

Kakao to focus on interest-based platform for global market

South Korea’s online platform giant Kakao Corp. plans to shift its focus to an interest-based platform from its existing acquaintance-based me...

Private markets embrace wider swath of economy: Partners Group CEO

Private equity is regarded as an alternative asset class while shares of listed companies are known as traditional assets. This classification may n...

F&B giant SPC Group acquires Lina’s to ramp up global expansion

South Korea’s food and beverage conglomerate SPC Group announced Tuesday it has acquired French casual coffee chain Lina’s Déve...

Korean firms increase share in domestic office market

The International Finance Center in Seoul (IFC Seoul) drew interest from only six bidders at the end of last year, and Singapore-based ARA Korea was...

Costco enters dawn delivery service market in S.Korea

Costco Wholesale Corp, a big-box retail giant, has begun dawn delivery services in South Korea as e-commerce is becoming the norm in the nation's gr...

Hana Financial scores big with Son Heung-min sports marketing

South Korea’s national soccer team, led by captain Son Heung-min, lost to Brazil 1-5 in a pre-World Cup friendly on Thursday, much to 65,000 K...

SKC to sell plastic film business to Hahn & Co. for $1.3 billion

SKC Ltd., the chemical materials unit of South Korea’s SK Group, is selling its plastic film business to private equity firm Hahn & Co. fo...

Startups serving specific markets thrive: SaaS, fantech, veganism 

Vertical service providers are dominating South Korea’s venture business ecosystem, in a study of the country’s early stage startups by ...

Virtual humans expand territory in real world

Virtual humans are taking an active part in the real world, expanding their influence in various sectors such as advertising, music, commerce and ed...

Why batteries were left out of Samsung's huge investment plan

Citigroup Global Markets on Monday slashed its target price for Samsung SDI Co., one of South Korea's top three battery makers, by almost half and d...

Hyundai, Kia speed up expansion in European EV market

Hyundai Motor Co. and Kia Corp., South Korea’s top two automakers, are expanding their presence in Europe, the world’s second-largest el...

Bull market rhymes

Bull market rhymes While I employ a great many adages and quotes in my writings, my main go-to list consists of a relatively small number. One ...

SK On to bolster US business with Ford's EV pickup truck sales

SK On Co., South Korea’s leading electric vehicle battery manufacturer, is expected to improve production capacity as its client Ford Motor Co...

Market Kurly's sales surge 49% on-year in Q1

South Korea’s Kurly Inc., the operator of grocery delivery platform Market Kurly, achieved 641.7 billion won ($511.6 million) in gross merch...

Korean real estate investors look to secure liquidity post-pandemic

South Korean real estate investors prefer liquidity and stable payback on investment, as well as investing in debts amid market uncertainty. The lim...

Samsung further expands global TV market share in Q1

Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...

Alternative investment market at inflection point, says Suhyup CIO

Some major institutional investors in South Korea are set to increase alternative investments this year to hedge inflation and stabilize cash flows....

Hanwha Systems joins hands with Italy's Leonardo for radar exports

South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...

Winia Electronics sharpens marketing efforts in Mexico

Winia Electronics Co., a medium-sized South Korean consumer electronics company, is the top microwave brand in Mexico. It is a little-known fact tha...

POBA targets upper-middle market in North America for PD investment

Public Officials Benefit Association (POBA) of South Korea will keep its conservative stance in both private equity and private debt investment, whi...

Former NPS real estate chief named Allianz RE's Asia head

Kim Hyun-soo, a former real estate investment head of South Korea's National Pension Service (NPS), has been named Asia head of Allianz Real Estate,...