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Corporate strategy
SK Innovation to adjust portfolios for long-term growth

SK Innovation Co., South Korea’s top energy company, is slated to adjust its business portfolios for long-term growth while planning not to slow down its investments in the electric vehicle battery sector as its cell and materials units are expected to get over the recent i

19 HOURS AGO

2 Min read
Electronics
LG to double global built-in appliance sales to $722 mn

MILAN, ITALY – LG Electronics Inc. eyes 1 trillion won ($722 million) in global built-in appliance sales in three years by winning the hearts of consumers in Europe, the world’s largest built-in kitchen appliance market, with both premium and midrange products, said t

19 HOURS AGO

4 Min read
Food & Beverage
McDonald’s Korea sees its record sales in 2023

Fast food giant McDonald’s Corp. achieved record revenue of 1.29 trillion won ($815.9 million) in South Korea, according to its regulatory filings on Wednesday. The sales, including those from franchise stores, were driven by increased food prices and localization strategy.

19 HOURS AGO

1 Min read
With AI tech, Samsung on par with Apple: Han Jong-hee
Electronics
With AI tech, Samsung on par with Apple: Han Jong-hee

MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end smartphones and other advanced electronics gadgets.Armed with artificial intelligence technology, however, Samsung is on an equal footing with or even ahead of the archrival, Han Jong-hee, vice chairman and head of Samsung’s Device eXperience (DX) division, said on Wednesday.“Through our S

16 HOURS AGO

3 Min read
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COMPANIES

  • LG Uplus to ramp up AI investment by up to 40% in 2024
    Artificial intelligence
    LG Uplus to ramp up AI investment by up to 40% in 2024

    SILICON VALLEY – LG Uplus Corp., the third-largest mobile carrier in South Korea seeking to transform into a platform company, will expand its investments in artificial intelligence, including acquisition of an AI company and talent, this year,

    1 HOURS AGO

    3 Min read
  • Toss Bank exceeds 10 mn customers
    Banking & Finance
    Toss Bank exceeds 10 mn customers

    South Korea’s fintech platform Toss Bank saw that its subscribers surpassed 10 million. According to the company, it's been two years and six months since its launch in October 2021. While slower than KakaoBank, which reached 10 million custome

    2 HOURS AGO

    1 Min read
  • Samsung unveils 2024 AI TV lineup in India
    Electronics
    Samsung unveils 2024 AI TV lineup in India

    Samsung Electronics Co. launched its 2024 new TV lineup with enhanced AI functions at the Samsung Opera House in Bengaluru, India, on April 17.At the event, Samsung Electronics showcased the new Neo QLED 8K, equipped with a third-generation AI 8K pro

    2 HOURS AGO

    1 Min read
  • LG Chem, Korea Zinc JV to mass-produce EV battery materials
    Batteries
    LG Chem, Korea Zinc JV to mass-produce EV battery materials

    A joint venture between LG Chem Ltd. and Korea Zinc Inc. is slated to start the mass production of precursor, a key electric vehicle battery material, in the near term as its facility is in test operations, in a move to help customers conform to US r

    16 HOURS AGO

    2 Min read
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Hidden Champions

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  • T-Robotics

    Published: Mar 25, 2021

    Last updated: Jan 30, 2023

  • Jong Ie Nara

    Published: May 26, 2021

    Last updated: Apr 15, 2022

  • Point Mobile

    Published: Sep 14, 2021

    Last updated: May 10, 2022

  • Buhmwoo Group

    Published: Apr 21, 2021

    Last updated: Jan 30, 2023

  • DCM

    Published: Dec 09, 2022

    Last updated: Jan 30, 2023

Future Unicorns

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  • BJ BIOCHEM

    Published: Oct 21, 2022

    Last updated: Nov 04, 2022

  • S.lab Asia

    Published: Jul 20, 2022

    Last updated: Jul 21, 2022

  • Fridays Lab

    Published: Jun 30, 2023

    Last updated: Nov 10, 2023

  • iCore

    Published: Oct 07, 2022

    Last updated: Apr 17, 2023

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    Last updated: Nov 16, 2022

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KOREAN INVESTORS

Keppel REIT to sell Seoul-based prime office T Tower
Real estate
Keppel REIT to sell Seoul-based prime office T Tower

Singapore’s Keppel REIT Management Ltd. is set to divest of its Seoul-based prime office building T Tower near Seoul Station.Real estate managers Jones Lang LaSalle (JLL) and Colliers, the lead managers for the sale, said on Tuesday they will s

Apr 16, 2024 (Gmt+09:00)

1 Min read
Private equity
Private markets open to more high-net-worth individuals: Hamilton Lane

The number of high-net-worth individuals allocating capital to private markets is increasing fast. These are wealthy individuals who own at least $1 million of liquid financial assets and seek steady returns on alternative investments.The global priv

Apr 16, 2024 (Gmt+09:00)

5 Min read
Infrastructure
Infrastructure secondaries continue to rise amid inflation: Stafford

Secondaries have become one of the most sought-after assets amid market uncertainty as they provide early exit opportunities and portfolio diversification. In last year's high-rate environment, investors flooded into the infrastructure market and sec

Apr 09, 2024 (Gmt+09:00)

4 Min read
Private equity
US commercial real estate undervalued: Carlyle's Rubenstein

The US commercial real estate market is undervalued relative to other sectors amid elevated interest rates, while Big Tech stocks could take a breather after record-setting rallies, said David Rubenstein, co-founder and co-chairman of The Carlyle Gro

Apr 08, 2024 (Gmt+09:00)

4 Min read
Investment banking
Goldman Sachs names Choi Seoul office chief

Global investment bank Goldman Sachs said on Monday that it has named managing director Choi Jae-joon as the new chief of its Seoul office.Choi leads equities, fixed-income, currency and commodities services at the Seoul office while providing altern

Apr 08, 2024 (Gmt+09:00)

1 Min read

M&A

ECM/DCM

MARKETS

  • Foreign exchange
    Korean won at 17-month low on Middle East woes, Fed rate view

    The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar level, as foreign investors sold the country’s assets on the growing concerns over a wider Middle East conflict and expectations of the US Federal Reserve’s slower interest rate cut.The won los

    Apr 16, 2024 (Gmt+09:00)

    4 Min read
  • Corporate bonds
    Brokerage firms' bonds draw investors amid rate cut hopes

    South Korean brokerage firms are ramping up sales of long-term bonds to refinance their loans by repaying short-term debts in hopes of a rate cut by the US Federal Reserve.KB Securities Co. held bookbuilding on Monday to sell 200 billion won ($143 million) worth of bonds rated AA+. The bond issue breaks down into 50 billion won in bonds with an 18-

    Apr 16, 2024 (Gmt+09:00)

    1 Min read
  • Economy
    Burger, chicken franchises raise prices after elections

    Fried chicken and hamburger franchises in South Korea have sharply bumped up their food prices following the parliamentary elections last week as the ruling party's crushing defeat raised expectations the government might loosen its grip over consumer prices.Goobne Chicken, a roasted chicken franchise company, raised the prices of its nine menu ite

    Apr 16, 2024 (Gmt+09:00)

    3 Min read
Up to one in 10 Korean residents likely to be foreign by 2042
Economy
Up to one in 10 Korean residents likely to be foreign by 2042

The number of foreign residents in South Korea is expected to rise steadily in the coming years to account for up to 10.1% of the country’s total working population by 2042, the nation's statistics agency said on Thursday.According to Statistics Korea projections, the country’s total population is forecast to decline to 49.63 million by

Apr 11, 2024 (Gmt+09:00)

2 Min read
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