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Cloud computingNHN Cloud to raise $141 mn from stock issuance
South Korea’s cloud service provider NHN Cloud Corp. is eyeing 1.1 trillion won ($776 million) corporate value via a new s...
Oct 05, 2022 (Gmt+09:00)
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Culture & TrendsAverage is over; microsegment consumers, professor says
The phrase “Average is over” topped the list of 10 key phrases suggested by a renowned Korean consumer behavior prof...
Oct 05, 2022 (Gmt+09:00)
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Shipping & ShipbuildingKSOE in $1.5 billion shipbuilding deals with Maersk, Excelerate Energy
Korea Shipbuilding & Offshore Engineering Co. said on Wednesday it has clinched a 1.62 trillion won ($1.15 billion) order to...
Oct 05, 2022 (Gmt+09:00)
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Korean chipmakersSK Hynix hikes use of locally produced neon gas for chip manufacture
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it will significantly raise the use of local...
Oct 05, 2022 (Gmt+09:00)
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EconomyBOK mulls 50-bp rate hike despite slower Sept inflation
South Korea’s headline inflation slowed in September for a second straight month on lower oil prices, but the central bank...
Oct 05, 2022 (Gmt+09:00)
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BatteriesLG Energy to launch battery swapping services
LG Energy Solution Ltd., a South Korean rechargeable battery maker, has launched two in-house ventures to enter the battery swap...
Oct 05, 2022 (Gmt+09:00)
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Asset managementIGIS names fixed income expert Jang as head of equity, debt
IGIS Asset Management Co., South Korea’s largest real estate investment firm managing $46.5 billion in assets as of end-20...
Oct 05, 2022 (Gmt+09:00)
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HealthcareCelltrion targets digital healthcare sector with app
Celltrion Inc., South Korea’s biopharmaceutical giant, made a foray into the digital healthcare sector for its future grow...
Oct 05, 2022 (Gmt+09:00)
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Tech, Media & TelecomKT rebrands Olleh TV as Genie TV to transform into media portal
South Korea’s telecom giant KT Corp. is rebranding its IPTV service Olleh TV as Genie TV as part of its efforts to transfo...
Oct 05, 2022 (Gmt+09:00)