state owned utility firm
Scope
Date
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Bio & Pharma
S.Korean biotech firm Genesystem to bring molecular testing to India
Genesystem, a South Korean biotech firm specializing in on-site molecular testing platforms, announced on Tuesday its entry into the Indian market t...
Feb 08, 2023 (Gmt+09:00)
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Bio & Pharma
Korean biopharma, biotech companies scale up as sales balloon
South Korea’s biotech and biopharmaceutical companies are growing big with their sales rising above 1 trillion won ($796 million) last year on...
Feb 07, 2023 (Gmt+09:00)
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Batteries
Korea EV cell materials firms race for silicon anode market
South Korea’s secondary battery ingredient makers are rushing to develop silicon anode materials, next-generation core substances that signifi...
Feb 07, 2023 (Gmt+09:00)
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Foreign exchange
Korean won falls on firm US jobs data, new BOJ head report
The South Korean won currency skidded to a four-week low on Monday as stronger-than-expected US employment data renewed expectations that the Federa...
Feb 06, 2023 (Gmt+09:00)
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Shareholder activism
South Korean companies rattled by activist shareholders
South Korea’s major companies are under attack by activist shareholders, who are exerting ever-increasing clout over critical corporate decisi...
Feb 06, 2023 (Gmt+09:00)
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Bio & Pharma
South Korean biotech firms tap Middle East as next key market
South Korean biotech companies are speeding up their foray into the Middle East to tap oil money as they seek new growth engines beyond fossil fuels...
Feb 06, 2023 (Gmt+09:00)
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Corporate investment
S.Korea's high-tech firms flood to US with heavy spending plans
South Korea’s large business groups are flooding to the US, with their pledged investments there exceeding $100 billion for the next two years...
Feb 06, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Dongwon Industries in talks to buy McDonald’s Korea as exclusive suitor
Dongwon Industries Co. will discuss a deal with McDonald’s Corp. to buy the latter’s Korean operations in hopes of riding on the renewed...
Feb 06, 2023 (Gmt+09:00)
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Bio & Pharma
Nanodrug maker CEO calls on Yoon government for deregulation
South Korean startups won four out of the 23 Best of Innovation awards at CES 2023, the world’s largest tech show last month. Among the winner...
Feb 03, 2023 (Gmt+09:00)
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Mergers & Acquisitions
MBK to buy Japanese nursing home and care service for $300 mn
MBK Partners, the largest private equity firm in Northeast Asia, is set to acquire Japanese senior nursing care service company Unimat Retirement Co...
Feb 03, 2023 (Gmt+09:00)
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Mergers & Acquisitions
UK's Croda to buy Korean bio materials maker for $286 mn
Croda International Plc., a British specialty chemicals company, is set to acquire South Korean bio materials producer Solus Biotech Co. for some 35...
Feb 02, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung’s next frontier: XR in partnership with Qualcomm, Google
SAN FRANCISCO – Samsung Electronics Co. is teaming up with Qualcomm Technologies Inc. and Google LLC to venture into the extended reality (XR)...
Feb 02, 2023 (Gmt+09:00)
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Economy
Korea’s inflation picks up 5.2% in January on high utility prices
South Korea’s headline inflation accelerated 5.2% year on year in January, reversing its course of slowing in the past two months due to gains...
Feb 02, 2023 (Gmt+09:00)
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Korean food
Jay Park's Won Soju ready to land in United States
"Won Soju" launched by a South Korean rapper Jay Park will be exported to the United States. Liquor company Won Spirits said on Thursday that it has...
Feb 02, 2023 (Gmt+09:00)
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Markets
Kim&Chang sets to enter Indonesia's legal market
Kim & Chang, South Korea's leading law firm, is poised to expand into Indonesia, joining the race among major legal firms seeking a foothold in ...
Feb 02, 2023 (Gmt+09:00)
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Bio & Pharma
Lunit launches AI-based pathology analysis solution with US firm
South Korea's medical imaging startup Lunit said on Wednesday that it has launched Guardant360 TissueNext, an AI-based pathology analysis solution d...
Feb 01, 2023 (Gmt+09:00)
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Earnings
Samsung to advance solid-state battery output after record sales
South Korea’s Samsung SDI Co. reported its largest-ever profit and revenue last year, which will drive its efforts to produce solid-state batt...
Jan 31, 2023 (Gmt+09:00)
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Business & Politics
Korea boosts energy cooperation with natural resource-rich W.Australia
South Korea has boosted its energy cooperation with Western Australia, the biggest of Australia's six states and packed with natural resources.Minis...
Jan 31, 2023 (Gmt+09:00)
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Upcoming IPOs
S.Korean companies in renewed push for Kosdaq listings
South Korean companies are making renewed pushes to go public this year even at the expense of reduced IPO values.Zaram Technology Inc., a chip desi...
Jan 25, 2023 (Gmt+09:00)
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Petrochemicals
Top petrochemical makers secure cash on economic slowdown woes
South Korea's top petrochemical firms raised 2.6 trillion won ($2.1 billion) via corporate bond sales and rights offering earlier this month to gird...
Jan 25, 2023 (Gmt+09:00)
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Mergers & Acquisitions
MBK, Unison agree on tender offer for Korea’s Osstem Implant
MBK Partners, a leading Asian private equity firm, and Unison Capital Korea agreed on a tender offer to acquire management rights of Osstem Implant ...
Jan 25, 2023 (Gmt+09:00)
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Batteries
LG Energy partners with Seoul Nat'l Univ. for battery technology
South Korea's No. 1 secondary battery maker LG Energy Solution Ltd. and Seoul National University on Friday signed an agreement to establish an indu...
Jan 20, 2023 (Gmt+09:00)
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Bio & Pharma
LG Chem completes acquisition of US biotech firm AVEO
LG Chem Ltd. is set to complete its $571 million purchase of the US biotech firm AVEO Pharmaceuticals Inc. on Friday, which would strengthen its ant...
Jan 19, 2023 (Gmt+09:00)
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Corporate investment
Danish wind turbine firm Vestas to invest $300 million in Korea
DAVOS, Switzerland – Danish wind turbine producer Vestas Wind Systems A/S has said it would invest $300 million in South Korea and positively ...
Jan 19, 2023 (Gmt+09:00)
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Bio & Pharma
NGeneBio's diagnostic products start to be used in clinical tests in Vietnam
South Korea's medical diagnostics company NGeneBio Co. said on Wednesday that it is expanding its business in the Southeast Asian precision diagnost...
Jan 19, 2023 (Gmt+09:00)
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Energy
DL E&C, Doosan to invest $25 mn in SMR developer X-Energy
South Korea’s DL E&C Co. and Doosan Enerbility Co. will invest a combined $25 million in X-Energy Reactor Co., a US-based small modular re...
Jan 18, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Woori Financial to acquire VC firm Daol Investment
South Korea’s Woori Financial Group is set to acquire Daol Investment Co., a venture capital arm of the liquidity-strapped Daol Financial Grou...
Jan 18, 2023 (Gmt+09:00)
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Petrochemicals
Kolon, Hyosung to give up control over nylon material maker Capro
South Korea’s Hyosung Group and its longtime rival Kolon Group in the fiber, textile and petrochemical businesses are poised to give up their ...
Jan 17, 2023 (Gmt+09:00)
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Electric vehicles
SK Energy teams up with state-run power supplier for EV charging station
SK Energy, a major South Korean oil refiner, teamed up with Korea Hydro & Nuclear Power Co. (KHNP) to install electric vehicle (EV) and hydrogen...
Jan 13, 2023 (Gmt+09:00)
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Bio & Pharma
SK Inc. eyes significant growth in bio business from 2024
SAN FRANCISCO – SK Inc., the investment and holding company of South Korea’s SK Group, expects significant growth in its biopharma...
Jan 13, 2023 (Gmt+09:00)
Latest News
- 1 Xiaomi to open first offline store in S.Korea with premium products
- 2 Loss-making Lotte Chemical to sell water treatment unit to Synopex
- 3 Google to invest $100 mn in Gentle Monster in smart glasses push
- 4 Growth equity portfolio largely shielded from policy headwinds: Summit
- 5 Naver Financial seeks to acquire S. Korean real estate data platform Asil