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EV batteriesSK Group eyes jackpot from investment in battery maker SES
South Korea’s SK Group is expected to pocket at least a tenfold return from its investment in electric vehicle battery sta...
Apr 05, 2021 (Gmt+09:00)
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Factory suspensionHyundai likely to briefly halt 2nd plant; Grandeur sedan affected
Hyundai Motor Co. will likely suspend a second plant due to a component supply disruption as a global shortage of automotive chi...
Apr 05, 2021 (Gmt+09:00)
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WebtoonsNHN joins race for top spot in global webtoon market
South Korean content platforms' appetite for webtoons remains strong as major players such as Naver Corp. and Kakao Corp. furthe...
Apr 05, 2021 (Gmt+09:00)
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ElectronicsKolon to supply display film for world's first foldable PC
South Korea’s chemical and textile company Kolon Industries Inc. will supply its proprietary colorless polyimide (CPI®...
Apr 05, 2021 (Gmt+09:00)
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Debt financingMeritz Sec faces losses from $350 mn loan on NY condo
South Korea's Meritz Securities Co. is at high risk of incurring losses from its $350 million lending on a luxury condominium to...
Apr 05, 2021 (Gmt+09:00)
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Korean startupsFresh food logistics startup Team Fresh secures 30 bn won in Series C
South Korea-based fresh food logistics startup Team Fresh has concluded its 30 billion won ($26.7 million) Series C round, attra...
Apr 05, 2021 (Gmt+09:00)
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BatteriesPosco Chemical to supply EV battery materials to GM-LG Energy JV
Posco Chemical Co., the secondary battery materials unit of POSCO, will supply anodes, a key material used in electric car batte...
Apr 05, 2021 (Gmt+09:00)
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ElectronicsCuckoo home appliances post record sales in US, Vietnam
South Korea’s leading kitchen appliances maker Cuckoo Holdings Co. has posted record growth in overseas sales, largely d...
Apr 05, 2021 (Gmt+09:00)
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Research & DevelopmentChips, EV and AI lead Korean firms' 2020 R&D spending
Semiconductor chips, electric vehicles and artificial intelligence (AI) drove the top 100 South Korean companies' spending on re...
Apr 05, 2021 (Gmt+09:00)
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Hyundai Motor groupHyundai Motor sets recovery plan for commercial vehicles
Hyundai Motor Co. has devised ambitious plans for this year to rescue its declining commercial vehicle segment. The company will...
Apr 05, 2021 (Gmt+09:00)
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Business & PoliticsLG Elec to fold mobile phone business in 26 yrs
LG Electronics Inc. announced on Monday its exit from the loss-making mobile phone business, which has accumulated operating los...
Apr 05, 2021 (Gmt+09:00)