universal parking controller
Scope
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Bio & Pharma
Celltrion Healthcare enters top 10 in hospital prescriptions in Turkey
South Korean biopharmaceutical company Celltrion Healthcare Co. on Thursday said it ranked in the top 10 out of 400 companies last year on the Turki...
Apr 21, 2023 (Gmt+09:00)
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Research & Development
POSCO Holdings opens new R&D center in Pohang
POSCO Holdings said on Thursday that it has opened a headquarters for POSCO N.EX.T Hub, which will lead the R&D efforts for the entire POSCO G...
Apr 20, 2023 (Gmt+09:00)
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Batteries
SK On to attract $1.1 bn from BlackRock, MBK consortium
SK On Co., the world’s fifth-largest battery maker, is slated to attract 1.5 trillion won ($1.1 billion) from a consortium of US private equit...
Apr 20, 2023 (Gmt+09:00)
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Bio & Pharma
GeneOne Life Science gets patent for coated microneedle tech in China
South Korea’s biopharmaceutical company GeneOne Life Science Inc. on Tuesday said it received a patent from the China National Intellectual Pr...
Apr 19, 2023 (Gmt+09:00)
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Korean stock market
POSTECH hits jackpot with stakes in POSCO companies on battery boom
Pohang University of Science and Technology (POSTECH), set up by South Korea’s steel giant POSCO Group in 1986 as a research university in the...
Apr 17, 2023 (Gmt+09:00)
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Culture & Trends
Preppy style attracts Korea's Gen Z, Alpha seeking retro trends
A licensed fashion brand from the University of Cambridge has entered South Korea as more young consumers are enthusiastic about the so-called Ivy L...
Apr 13, 2023 (Gmt+09:00)
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Bio & Pharma
LG Chem to launch new diabetes combination drug Zemidapa
South Korean chemical company LG Chem Ltd. has announced the release of a new diabetes combination drug, Zemidapa Tab, set to launch on Apr. 8. Th...
Apr 04, 2023 (Gmt+09:00)
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Shareholder activism
KCGI’s ascent to intensify family feud over DB control; DB stocks rally
A sibling feud over management control of DB Group is expected to intensify following the ascent of South Korean activist fund Korea Corporate Gover...
Apr 04, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's S-1 releases facial recognition reader 2.0
South Korea's system securities provider S-1 Corp. has launched a new solution that reduces the facial recognition time by 40% compared to previous ...
Apr 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea invests $763.4 mn in strategic tech IP like aerospace, robotics
The South Korean government will inject this year budget of 1 trillion won ($763.4 million) in intellectual property (IP)-related projects.The Presi...
Apr 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Hanwha Vision participates in Asia's largest integrated security expo
Hanwha Vision (formerly known as Hanwha Techwin) announced on Thursday its participation in SECON 2023, the largest integrated security exhibition i...
Mar 30, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung accelerates nurturing chip talent at tech universities
Samsung Electronics Co., the world’s largest memory chipmaker, is expanding programs to foster talented semiconductor engineers and experts by...
Mar 27, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's microneedle maker Raphas to enter US market
South Korea's microneedle maker Raphas Co. is expediting its entry into the American pharmaceutical market after entering the country's cosmetics se...
Mar 27, 2023 (Gmt+09:00)
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Artificial intelligence
LG takes lead in nurturing young AI talent by holding AI hackathon
South Korea's LG announced on Sunday that it held the "LG AI Hackathon" for nurturing young artificial intelligence (AI) talent for two days from ...
Mar 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT, Amano Korea join hands to develop smart parking solutions
South Korean telecom operator KT Corp. announced on Wednesday that it has signed a business agreement with parking control system specialist Amano K...
Mar 22, 2023 (Gmt+09:00)
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Food & Beverage
Oil from S.Korea’s red ginseng alleviates prostate enlargement: study
Oil from South Korea’s famous hongsam (red ginseng) can prevent enlargement of the prostate, according to a study. A joint research team ...
Mar 22, 2023 (Gmt+09:00)
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Corporate strategy
Doosan Group chief checks farm-construction equipment affiliate's strategy in US
South Korea’s Doosan Group on Sunday said its chairman Park Jeong-won visited the construction trade show ConExpo-Con-Agg in Las Vegas on Wedn...
Mar 20, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor, Kia to research EV energy with three universities
Hyundai Motor Co. and Kia Corp. will form a research ecosystem for sustainable electric vehicle (EV) energy with Seoul National University, Chung-An...
Mar 17, 2023 (Gmt+09:00)
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Pension funds
S.Korea’s NPS taps investment strategy head as NY office chief
South Korea’s National Pension Service (NPS) is slated to undergo a management reshuffle for the first time since Chief Investment Officer Seo...
Mar 16, 2023 (Gmt+09:00)
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Robotics
Samsung raises Rainbow Robotics stake, eyes management control
Samsung Electronics Co. is looking to own a controlling stake in Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant h...
Mar 16, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics establishes new LSI chip research center in Japan
Samsung Electronics Co. has established a new semiconductor research center in Japan, combining two existing research and development institutes int...
Mar 15, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Timeline of HYBE's failed bid for SM vs Kakao
(All dates in 2023) -- Jan. 15: Align Partners Capital Management filed proxy litigation against SM Entertainment Co. Founder Lee Soo-man and seven...
Mar 12, 2023 (Gmt+09:00)
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Leadership & Management
LG Group Chairman Koo Kwang-mo sued over inheritance in family feud
Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, has been sued over the distribution of inherited wealth, including a s...
Mar 10, 2023 (Gmt+09:00)
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Robotics
Korea's SK Telecom jointly develops AI patrol robots
SK Telecom Co., along with its partner firms, will develop artificial intelligence (AI) robots that will replace security guards patrolling around s...
Mar 07, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kakao vows to thwart HYBE scheme for SM control
Kakao Corp., South Korea’s dominant mobile platform, said on Monday it would mobilize all possible countermeasures against HYBE Co. ’s a...
Feb 27, 2023 (Gmt+09:00)
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Shareholder activism
Activist fund Tcha Partners calls for Namyang Dairy to buy back shares
Seoul-based activist fund Tcha Partners Asset Management Co. on Monday demanded that South Korea’s Namyang Dairy Products Co. buy back half of...
Feb 27, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai Heavy to develop core technology for seawater electrolysis system
Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...
Feb 22, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kosdaq-listed Daebo Magnetic’s 46% stake up for sale, its shares swing
South Korea’s leading secondary battery equipment player Daebo Magnetic Co. is set to sell its owner family’s controlling stake of about...
Feb 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics expedites global B2B push with signage displays
LG Electronics Inc., South Korea’s electronics giant, is betting big on digital signage displays as part of its global B2B push to offset weak...
Feb 20, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Shieldus introduces EDR-specialized control, analysis services
South Korea's IT security service firm SK Shieldus made an announcement on Thursday that they will be providing control and operation, investigation...
Feb 17, 2023 (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