security services firm
Scope
Date
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Private equity
Permira targets growth firms in high valuation markets
London-based private equity firm Permira will maintain its focus on high-quality companies and sector leaders with strong growth potential as valuat...
Sep 03, 2021 (Gmt+09:00)
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Energy
US, Korea approve nuclear fuel recycle technology
Authoritie of the United States and South Korea officially endorsed the results of a joint research on Pyro-SFR, a cutting-edge technology that re...
Sep 02, 2021 (Gmt+09:00)
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Chemical Industry
Sumitomo Chemical to build $90 million photoresist plant in S.Korea
Japan’s major chemical company Sumitomo Chemical Co. will invest more than 10 billion yen ($91 million) in South Korea to manufacture photores...
Sep 01, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor, Motional unveil IONIQ 5 self-driving robotaxi
South Korea’s top automaker Hyundai Motor Co. and its US mobility joint venture Motional Inc. on Tuesday unveiled their first autonomous robot...
Aug 31, 2021 (Gmt+09:00)
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Korean games
Game firms seeking strong IP extend ties with content makers
South Korean game developers and publishers are increasingly building business alliances with players in the content industry through equity investm...
Aug 31, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. sues Namyang owner over completion of $267 mn deal
South Korea’s private equity firm Hahn & Co. filed a lawsuit against the owner of Namyang Dairy Products and his family to complete a $267...
Aug 30, 2021 (Gmt+09:00)
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Tech, Media & Telecom
SEWORKS CEO: Black hat hacker-turned-security consultant
SILICON VALLEY -- In a digital world where data theft is growing rapidly, hackers who turn their lives around to help in the fight against cybercrim...
Aug 30, 2021 (Gmt+09:00)
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Future mobility
Parts maker Mando raises profile as investor in future mobility startups
Halla Group’s auto components unit Mando Corp. is rapidly expanding its profile as a startup investor in the future mobility sector.Mando was ...
Aug 29, 2021 (Gmt+09:00)
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Corporate bonds
Korean firms scramble for bond sales on further rate hike views
South Korean companies rushed to issues bonds as the Bank of Korea is expected to raise interest rates further, ramping up financing costs. Some war...
Aug 27, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE in $1.4 billion deal to build 8 methanol-powered ships for Maersk
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...
Aug 24, 2021 (Gmt+09:00)
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Corporate restructuring
SK Group’s holding firm to absorb SK Materials in corporate restructuring
SK Inc., the investment and holding company of SK Group, will absorb SK Materials Co., the group’s industrial gas manufacturing affiliate, in ...
Aug 20, 2021 (Gmt+09:00)
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Artificial intelligence
S.Korean firms start training AI professionals to address talent shortage
South Korea’s major business groups have started to foster their own talents in the field of artificial intelligence (AI) to address the widen...
Aug 19, 2021 (Gmt+09:00)
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Korean startups
OTT startup Watcha expands into music distribution service
South Korea-based over-the-top (OTT) startup Watcha Inc. is ramping up efforts to transform into a comprehensive content data company as it expands ...
Aug 17, 2021 (Gmt+09:00)
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Cryptocurrencies
Overseas crypto exchanges end Korean services ahead of rule tightening
Overseas cryptocurrency exchanges are ending their Korean services, including language support as well as trading and payments in Korean won, as Sou...
Aug 17, 2021 (Gmt+09:00)
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Batteries
LG Energy signs long-term battery materials deal with Australian Mines
South Korea’s LG Energy Solution Ltd. said on Monday it has signed a long-term contract to receive key battery materials from Australian Mines...
Aug 16, 2021 (Gmt+09:00)
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Batteries
Battery recycling: Carmakers, battery companies in new turf war
With electric vehicles increasingly going mainstream, the world’s major carmakers and battery companies face another type of turf war: battery...
Aug 16, 2021 (Gmt+09:00)
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Pension funds
NPS tilts toward top-tier PEFs during pandemic
The National Pension Service (NPS) has deepened its reliance on top-tier private equity firms during the prolonged pandemic situation, focusing on r...
Aug 12, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha Systems invests $300 million in UK satellite firm OneWeb
Hanwha Systems Co., the defense and air mobility unit of Hanwha Group, is investing $300 million in UK’s satellite communications firm OneWeb ...
Aug 12, 2021 (Gmt+09:00)
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Markets
Korean investors rush to buy Vietnam stocks
South Korean investors are rushing to buy Vietnamese stocks as the market is showing signs of a recovery. Analysts predicted export-oriented shares ...
Aug 12, 2021 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean telcos accelerate diversification amid strong Q2
South Korea’s two largest telecom companies, SK Telecom Co. and KT Corp., have both delivered strong second-quarter results driven by rapid gr...
Aug 11, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy to reposition as tech platform for vessels
Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...
Aug 11, 2021 (Gmt+09:00)
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Energy
POSCO International, Petronas to develop Malaysian offshore gas field
POSCO International Co., the trading unit of South Korean steelmaker POSCO Co., is set to develop an offshore gas field in Malaysia with the country...
Aug 10, 2021 (Gmt+09:00)
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Energy
Hanwha Solutions acquires French renewable firm RES for $860 million
Hanwha Solutions Corp., the energy unit of chemicals-to-financial conglomerate Hanwha Group, is acquiring a 100% stake in RES Mediterranee SAS, a Fr...
Aug 09, 2021 (Gmt+09:00)
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Entertainment
K-pop evolves far beyond Korean nationality and language
South Korean music, entertainment and content firms are undergoing a major transformation in their business model. No longer is their discovery of n...
Aug 09, 2021 (Gmt+09:00)
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Pension funds
Korean pension funds log above-benchmark H1 returns
South Korea's major pension funds have posted robust investment returns above their benchmarks in the first half of this year, driven by double-digi...
Aug 09, 2021 (Gmt+09:00)
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Private equity
MBK sees new opportunities in China's regulatory risk
China's regulatory crackdown on Chinese technology and private education companies is driving up the level of volatility and creating mispricing in ...
Aug 09, 2021 (Gmt+09:00)
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Earnings
Kakao to strengthen subscription services after Q2 results
Kakao Corp. this year has reported the highest second-quarter earnings in company history.Its regulatory filing on Aug. 6 posted an operating profit...
Aug 06, 2021 (Gmt+09:00)
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Earnings
Rubber gloves make Korean petrochemical firms’ Q2 profit soar
South Korea’s leading petrochemical makers report their second-quarter sales and operating profit soared, boosted by strong sales of rubber gl...
Aug 06, 2021 (Gmt+09:00)
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SK Hynix to set up US NAND firm led by Intel’s senior vice president
SK Hynix that took over Intel Corp.’s NAND memory chip business plans to set up a new company in the United States. Intel’s senior vice ...
Aug 06, 2021 (Gmt+09:00)
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Investment banking
Mirae Asset step closer to full-fledged investment bank
Mirae Asset Securities Co. has become South Korea's first brokerage company to boost its equity capital to 10 trillion won ($9 billion), taking a st...
Aug 05, 2021 (Gmt+09:00)
language
Latest News
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- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators