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...
Hyundai reveals interior images of EV model IONIQ 5
Hyundai Motor Co. unveiled interior images of the IONIQ 5, the first model under its standalone electric vehicle sub-brand, on Feb. 15, featuring a ...
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 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
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
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
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 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
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...
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
South Korea’s central bank governor has warned of an abrupt stock market correction, asking investors to refrain from excessive borrowing amid...
Hanwha to buy controlling stake in Korean satellite maker
Hanwha Aerospace Co., an aircraft engine components maker, will acquire a 30% stake in a South Korean Earth observation satellite maker for 109 bill...
Satellite launcher startup raises over $7 mn in Series A funding
South Korea's Innospace Co., which develops launch systems to carry small satellites into space, is set to complete its Series A funding round of ...
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
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
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
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 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
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 retail investors shed loser image, turn pandemic into bonanza
In South Korea, as the saying goes, the stock market is at its peak if a swarm of individual investors go on a buying spree, often leading to heavy ...
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
Once considered just one of many Asian entertainment products, Korean dramas, games, music and webtoons – collectively known as K-content &nda...
Samsung Electronics to raise image sensor output to overtake Sony
Samsung Electronics Co. is switching one of its DRAM chip fabrication lines to boost production of image sensors used in smartphones and other gadge...
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
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
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
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
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
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 Co.’s global TV market share rose to record levels in the third quarter in value terms, boosted by large-size organic ligh...
