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Mergers & AcquisitionsLotte, Shinsegae compete head-on for Ministop Korea
South Korea's two retail heavyweights Lotte and Shinsegae are in head-to-head competition for the country's fifth-largest conven...
Jan 05, 2022 (Gmt+09:00)
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MetaverseBiotech firm EDGC embarks on metaverse journey
EONE-DIAGNOMICS Genome Center Co. ( EDGC ) announced this week it would participate in AI Human Metaverse Project consortium &ndas...
Jan 05, 2022 (Gmt+09:00)
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AutomobilesSelf-driving car stocks to lead auto sector shares in 2022
Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous ...
Jan 05, 2022 (Gmt+09:00)
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Future mobilityHyundai looks beyond cars to link real, virtual worlds in metamobility
LAS VEGAS – Hyundai Motor Co. has unveiled its grand ambitions to pioneer the use of robotics in both the real world and t...
Jan 05, 2022 (Gmt+09:00)
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Artificial IntelligenceIGIS invests in Kakao Enterprise for AI-embedded real estate
IGIS Asset Management Co. and its venture capital affiliate are slated to invest 10 billion won ($8.3 million) in Kakao Enterpri...
Jan 05, 2022 (Gmt+09:00)
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Battery materialsLG Chem, China’s Huayou Cobalt to build battery metal JV in Korea
South Korea’s top chemical maker LG Chem Ltd. will partner with China’s Zhejiang Huayou Cobalt Co. to launch a batte...
Jan 05, 2022 (Gmt+09:00)
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CES 2022Samsung ushers in era of bespoke homes with AI butlers
Samsung Electronics Co. is showcasing an unprecedented immersive home electronics experience at CES 2022 (Jan. 5-8.) YOUR...
Jan 05, 2022 (Gmt+09:00)
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Shipping & ShipbuildingHyundai Heavy partners with Palantir for big data platform
South Korea’s Hyundai Heavy Industries Group joined forces with US data analytics firm Palantir Technologies Inc. to set u...
Jan 05, 2022 (Gmt+09:00)
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Shareholder valuePOSCO plans to cancel treasury shares in its holding firm
Top management of South Korea's POSCO Co. has decided to cancel treasury shares in its to-be-launched holding company, in an eff...
Jan 05, 2022 (Gmt+09:00)
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Sovereign wealth fundsKIC eyes tech, healthcare, telecoms via PE and VC
Korea Investment Corporation (KIC) aims to increase alternative investment to 25% of its total investment by 2025 as well as ran...
Jan 05, 2022 (Gmt+09:00)
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PharamaceuticalsKorea’s CHA Biotech to triple US CDMO capacity
CHA Biotech, South Korea’s stem cell therapeutics developer, is set to expand its biomaterials contract development and ma...
Jan 05, 2022 (Gmt+09:00)
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ElectronicsLG welcomes Samsung’s likely re-entry into OLED TV market
Samsung Electronics Co.'s expected re-entry into the OLED TV market will further expand the growing segment, which is gaini...
Jan 05, 2022 (Gmt+09:00)