self bag drop
Scope
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Sovereign wealth funds
KIC says traditional assets dwarf alternatives in 2019-20
The strong performance of traditional assets such as equities has resulted in a decrease in the proportion of alternative assets at Korea Investment...
Oct 21, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung aims to unveil autonomous ships in 2022
Samsung Heavy Industries Co. last month successfully completed a sea trial of its self-operating vessel technology, which enables two autonomous shi...
Oct 17, 2021 (Gmt+09:00)
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Automobiles
Halla Group to combine two self-driving business arms
South Korea's Halla Group, the parent company of automotive parts maker Mando Corp., will combine its two autonomous driving business units into a s...
Oct 06, 2021 (Gmt+09:00)
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Batteries
SKC drops plan for silicon anode JV on investment overlap woes
South Korea’s SKC Co. withdrew a plan to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode mater...
Oct 01, 2021 (Gmt+09:00)
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Samsung to make Tesla’s HW 4.0 self-driving auto chip
SILICON VALLEY – Samsung Electronics Co., the world’s leading chipmaker, will manufacture Tesla Inc.’s next-generation hardware 4 ...
Sep 23, 2021 (Gmt+09:00)
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IPOs
Hyundai Heavy IPO creates largest shipbuilder on Kospi
Hyundai Heavy Industries Co. successfully went public on Sept. 17 by closing at almost double its IPO price. The stock price closed at 111,500 won (...
Sep 17, 2021 (Gmt+09:00)
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S.Korea's potential growth rate drops to record low
The COVID-19 pandemic has dampened South Korea's growth potential between this year and the next by 0.2 percentage points to its historic low of 2.0...
Sep 14, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Kakao drops 10.1%, Naver falls 7.9% on potential big tech crackdown
South Korea may be following China’s lead in cracking down on big tech firms. The country’s two leading tech giants Naver Corp. and Kaka...
Sep 08, 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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Shipping & Shipbuilding
Korean shipbuilders find relief in falling iron ore prices, rise in new orders
South Korea’s major shipbuilders expect to post improved earnings in coming quarters as falling iron ore prices put them in a stronger positio...
Aug 23, 2021 (Gmt+09:00)
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Advertising & Marketing
Samsung’s Olympic goodie bag goes viral among athletes
Samsung Electronics Co.’s marketing efforts at the Tokyo Olympic Games have received a wide welcome from the athletes participating at the eve...
Jul 27, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Debt-ridden Ssangyong to sell car plant in self-rescue drive
Ssangyong Motor Co., the debt-ridden South Korean unit of India’s Mahindra and Mahindra Ltd. now in court receivership, has decided to sell it...
Jul 12, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy Industries charters drillship to Italy’s Saipem
South Korea’s Samsung Heavy Industries Co. has signed a contract to lease a newbuild drillship to Italian oilfield services company Saipem S.p...
Jun 29, 2021 (Gmt+09:00)
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Korean startups
Morai's virtual testing solution reduces testing period for self-driving cars
A self-driving car needs to pass all sorts of tests before setting off for the open road. It needs to experience different types of roads, terrain f...
Jun 22, 2021 (Gmt+09:00)
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Future mobility
Hyundai eyes smart mobility with Boston Dynamics acquisition
Hyundai Motor Co. said on Monday it is shifting its business focus toward smart mobility from brick-and-mortar carmaking following its acquisition l...
Jun 21, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor chairman sees future in self-driving, robot businesses
Hyundai Motor Group Chairman Chung Euisun is in the United States seeking business opportunities in one of the South Korean automotive group’s...
Jun 16, 2021 (Gmt+09:00)
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Automobiles
Parts maker Mando to split off self-driving operations
Mando Corp., a South Korean auto parts maker under Halla Group, is splitting off the autonomous driving business into a separate entity to sharpen i...
Jun 09, 2021 (Gmt+09:00)
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The Deep Dive
Behind Korea’s bizarre 'open run' race for Chanel bags
In South Korea today, running has become an increasing part of everyday life, particularly at a place where you would least expect to see a large gr...
Jun 08, 2021 (Gmt+09:00)
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Steel
China’s heavy imports of copper, steel scrap hurt Korean SMEs
South Korea’s massive exports of scrap steel and scrap copper to China are hurting its domestic companies that are struggling to secure the st...
May 26, 2021 (Gmt+09:00)
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ESG
How South Korea can prevent a self-defeating green recovery
The rules of economic growth have changed. From the disruption of the COVID-19 pandemic, governments have emerged with renewed sense of purpose, activ...
Mar 30, 2021 (Gmt+09:00)
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AgTech
Daedong makes S.Korea’s first self-driving tractor
South Korea’s top tractor and farm machinery maker Daedong Industrial Co. has achieved the country’s first mass-production of self-drivi...
Mar 26, 2021 (Gmt+09:00)
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Automobiles
Hyosung to equip airbags on Amazon’s self-driving cars
Hyosung Advanced Materials will equip Amazon’s fully autonomous vehicles with its next generation one piece woven (OPW) airbags. The company s...
Mar 17, 2021 (Gmt+09:00)
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Economy
Korea remains world's 7th-largest exporter despite drop in exports
South Korea has maintained its position as the world's seventh-largest exporter despite its exports dropping by over five percent last year, accordi...
Mar 01, 2021 (Gmt+09:00)
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Economy
S.Korea’s birth rate decline accelerates to world’s lowest
The average birth rate in South Korea dropped to a fresh low of 0.84 last year, the world’s lowest, which population experts said will unlikel...
Feb 25, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai says not in talks with Apple over self-driving cars
Hyundai Motor Group said on Monday it is not engaged in talks with Apple Inc. over the development of an autonomous electric vehicle, throwing cold ...
Feb 08, 2021 (Gmt+09:00)
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Corporate rebrand
Kia drops Motors from name, unveils roadmap for new EV models
Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...
Jan 15, 2021 (Gmt+09:00)
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Future mobility
Autonomous driving startup 42dot plans Level 4 self-driving in Seoul
42dot, a South Korea-based autonomous driving startup, plans to launch a Level 4 self-driving service in some areas of Seoul next year.The company s...
Dec 21, 2020 (Gmt+09:00)
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Markets
Korea’s major companies’ Q2 overseas sales drop 20% due to pandemic
South Korea’s top 100 companies saw their overseas sales shrink by a fifth in the second quarter from the year-earlier period, weighed by the fa...
Sep 07, 2020 (Gmt+09:00)
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Banks
Korean banks’ Q2 capital ratio drops for third straight quarter
The average capital adequacy ratio of South Korean banks declined in the April-June period for the third consecutive quarter, weighed by rising corpor...
Aug 31, 2020 (Gmt+09:00)
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Alternative investments
Korean PE IGIS unwillingly drops residential project amid political pressure
Korea-based IGIS Asset Management has announced plans to drop its renovation project of an 11-story apartment, an unwilling decision triggered by...
Jul 24, 2020 (Gmt+09:00)
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