Samsung Asset says to pursue global, active, bond-type ETFs
Samsung Asset Management Co., South Korea’s largest exchange-traded fund (ETF) manager, will focus on global, active and bond-type ETFs, as we...
Moderna to stay ahead in mRNA technology: CSO Melissa Moore
CAMBRIDGE, MA – The COVID-19 coronavirus disease has been a curse for many people and companies around the world over the past couple of years...
Lab-grown fish, smart pillow: LG’s choices for future
Startups making lab-cultured seafood, smart pillows and others showcased their innovative products at an exhibition hosted by LG Group, South Korea&...
Hansol Group, KAIST to launch new tech, AI research center
South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a research center to de...
SillaJen shares jump as exchange maintains listing, allows resumed trade
Shares in South Korea’s scandal-hit biotechnological company SillaJen Inc. soared on Thursday after the local exchange decided to maintain the...
LS Cable to become No.2 shareholder in KT Submarine
South Korea’s LS Group will become the No. 2 shareholder in KT Submarine Co. after buying the undersea cable construction company’s new ...
Korea's Naver to ramp up global IR activity as stock continues decline
South Korea’s online portal giant Naver Corp. is poised to hire an investor relations (IR) executive whose chief responsibility will be to com...
Hyundai Mobis, Luxoft to unveil infotainment system for future mobility
South Korea’s largest auto parts maker Hyundai Mobis Co. and Swiss technology company Luxoft have jointly developed an advanced in-vehicle inf...
Samsung Q3 earnings disappoint on weak chip business
Samsung Electronics Co., the world’s top memory chipmaker, missed third-quarter earnings estimates on the weak semiconductor business and its ...
NFT to become game changer in new era: KED Conference in New York
NEW YORK – Non-fungible tokens (NFTs) will significantly influence a wide range of industries as millions of global investors flock to th...
Hyundai Mobis to spend $1.3 bn to build US EV parts, module plants
South Korea’s top auto parts maker Hyundai Mobis Co. will spend $1.3 billion until 2030 to build auto parts and module plants for electric veh...
Samsung’s new $2.8 bn OLED plant to benefit Korean device makers
South Korea’s electronics equipment manufacturers are set to benefit from Samsung Display Co.’s planned construction of a $2.8 billion n...
Hyundai Rotem rolls out Korea’s fastest bullet train
Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, has rolled out the country’s fastest bullet train that can r...
Aircraft maker KAI: Hanwha Group's new M&A target?
Hanwha Group’s agreement to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) Co. for 2 trillion won ($1.4 billio...
Samsung heads to US amid intensifying chip talent war
Samsung Electronics Co., the world’s largest memory chipmaker, is heading to the US next month to scout semiconductor research and development...
KAIST, NYU to operate joint campus in New York City from 2023
Korea Advanced Institute of Science and Technology (KAIST), South Korea's most prestigious national research university, and New York University wil...
S.Korea's fund of funds to form new fund worth $215 mn with VCs in the US
NEW YORK – The South Korean government is poised to tap into its fund of funds to form a joint investment fund with venture capital firms in t...
Korea defense firms showcase new weapons for record exports
South Korean defense makers showcased next-generation products with artificial intelligence, robot and stealth functions for the future battlefiel...
Hankook Tire aims to join global top 5 with new EV-only tires
South Korea’s leading tire maker Hankook Tire & Technology Co. is aiming to join the ranks of the global top five tire makers with its lat...
Iljin Materials unveils elecfoil with ultra-high tensile strength
Iljin Materials Co., a South Korean battery materials maker, has unveiled an ultra-high tensile elecfoil, which can significantly improve the mileag...
EMP Belstar launches $300 mn Korea logistics fund
Energy and infrastructure-focused private equity firm EMP Belstar has launched its second logistics fund targeting cold storage facilities in South ...
Samsung goes green as it eyes clean tech supremacy across supply chain
Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, said on Thursday it is aiming to power its entire operations wit...
Lotte Home Shopping to nurture Bellygom as a global character
Lotte Home Shopping Inc. announced Thursday the company will showcase Bellygom at a New York City exhibit next week, as part of a broader plan to gr...
BofA names Korean American Mike Joo as head of North America GCIB
Bank of America Corp. has appointed Korean American Mike Joo as its new head of North America global corporate and investment banking (GCIB), accord...
S.Korea plans to adopt mandatory pre-disclosure of major insider trading
Executives and major shareholders of South Korea’s listed companies will be obligated to disclose their share transaction plans at least 30 da...
DB HiTek develops automotive power semiconductor tech
DB HiTek Co., South Korea’s major foundry chipmaker, developed the automotive power semiconductor process technology to meet the increasing de...
Samsung’s $22 bn new chip plant up and running to make NAND flash
PYEONGTAEK – Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it has put its new 30 trillion won ($22 bi...
SK Hynix bets on 2025 memory upturn with $11 billion new plant
SK Hynix Inc., the world’s second-largest memory chipmaker, will spend 15 trillion won ($11 billion) over the next five years to build a new m...
LG Elec unveils new NFT platform, aims to turn living room into art gallery
LG Electronics Inc. announced Monday it has launched its very own non-fungible token (NFT) platform, LG Art Lab. Now available in the United St...
Ukraine war gives North Korea reasons to draw closer to Russia
SEOUL—Russia’s invasion of Ukraine has created an opportunity for North Korea, which has strengthened its ties with Moscow and beco...
