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Rights offeringsSamsung Heavy launches $900 mn rights issue process
Samsung Heavy Industries Co. has begun the process to raise 1 trillion won ($900 million) in a rights offering, in what is set t...
Jun 01, 2021 (Gmt+09:00)
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Korean chipmakersSamsung loses ground in foundry market as TSMC ties in with Japanese firms
Samsung Electronics Co., which is losing share of the global foundry market, has come under increased pressure from its bigger r...
Jun 01, 2021 (Gmt+09:00)
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Corporate cultureInside Coupang: Close-knit, challenge-seeking, data-driven
Coupang Corp. has a unique corporate culture for a company headquartered in South Korea. Industry insiders highlight that ...
Jun 01, 2021 (Gmt+09:00)
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Pre-IPO fundingMarket Kurly raises another $200 mn at a $2 bn valuation
The valuation of Kurly Inc. has now surpassed 2 trillion won ($1.8 billion). The operator of South Korea’s online gr...
Jun 01, 2021 (Gmt+09:00)
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Mezzanine loansMirae, NH face lawsuit over Drew Las Vegas loan loss
Mirae Asset Securities Co. and NH Investment & Securities Co. have been sued by South Korean institutional investors over th...
Jun 01, 2021 (Gmt+09:00)
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AutomobilesHeavy cost pressure set to drive up car prices
South Korea’s automakers are facing a drastic increase in manufacturing costs. Raw material prices are soaring and the glo...
Jun 01, 2021 (Gmt+09:00)
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Mergers & AcquisitionsSM Entertainment emerges as next flashpoint for Kakao, Naver rivalry
As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats u...
Jun 01, 2021 (Gmt+09:00)
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EntertainmentCJ ENM to spend $4.5 bn to become Asia's Marvel Studios
South Korean media company CJ ENM Co. on Monday announced a plan to spend 5 trillion won ($4.5 billion) to produce original cont...
Jun 01, 2021 (Gmt+09:00)