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Mergers & AcquisitionsHYBE kicks off campaign to win over SM shareholders
Bang Si-hyuk, founder and chairman of the BTS label HYBE Co., has kicked off his campaign to gather support from institutional i...
Mar 09, 2023 (Gmt+09:00)
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Korean chipmakersSystem on chips: Samsung’s new high-stakes foundry business
Samsung Electronics Co. is setting its sights on system on chips (SoCs) to continue to drive growth in its foundry business amid...
Mar 09, 2023 (Gmt+09:00)
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CompaniesHD Hyundai opens free in-house daycare center for up to 300 children
HD Hyundai Co., the owner of South Korea’s biggest shipbuilding group, opened an in-house daycare center at its new headqu...
Mar 09, 2023 (Gmt+09:00)
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Bio & PharmaGC Biopharma to develop mRNA flu vaccine with Canadian pharma
South Korea's GC Biopharma Corp. announced on Thursday that it will start developing a flu vaccine based on messenger ribonuclei...
Mar 09, 2023 (Gmt+09:00)
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Korean startupsHyundai Motor spins off 4 in-house startups in mobility, AI, data
Hyundai Motor Group has spun off four new in-house startups, including MOBINN with autonomous driving technology and APLAYS with...
Mar 09, 2023 (Gmt+09:00)
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Korean startupsKorea's StoneBridge Ventures invests $91 mn in semiconductor, AI
South Korean venture capital investment firm StoneBridge Ventures Inc. announced on Thursday that it has invested a total of 120...
Mar 09, 2023 (Gmt+09:00)
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BatteriesLG Energy, SK On to showcase LFP battery prototypes at InterBattery 2023
LG Energy Solution Ltd. and SK On Co. will showcase their lithium iron phosphate (LFP) battery prototypes next week, as the two ...
Mar 09, 2023 (Gmt+09:00)
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ElectronicsLG Electronics opens R&D corporation in Hanoi, Vietnam
LG Electronics Inc. will upgrade its research and development (R&D) center in Vietnam to an official corporation and boost i...
Mar 09, 2023 (Gmt+09:00)
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Tech, Media & TelecomAhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation
AhnLab Inc., a computer security solutions provider in South Korea, announced on Thursday that its smartphone security solution ...
Mar 09, 2023 (Gmt+09:00)
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Food & BeverageKyochon F&B opens new store at Kuala Lumpur Airport
South Korea's fried chicken chain Kyochon F&B is spreading its wings in Malaysia, where it has recently opened a new store a...
Mar 09, 2023 (Gmt+09:00)
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Real estateNumber of commercial building transactions in Seoul hits all-time low
The number of commercial and office building transactions in Seoul hit an all-time low in January.Realty Planet, a big data-base...
Mar 09, 2023 (Gmt+09:00)
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Fraud scandalsHankook Tire chairman arrested for alleged embezzlement
The head of Hankook Tire & Technology Co., South Korea’s top tire maker, was arrested on Thursday on charges of embezz...
Mar 09, 2023 (Gmt+09:00)
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Advertising & MarketingKorea's Innocean wins eight awards at Spikes Asia advertising festival
South Korea-based global marketing communications company Innocean said on Thursday that it received eight awards at the 2023 Sp...
Mar 09, 2023 (Gmt+09:00)
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Venture capitalSK Networks invests $22 mn in US AI-based device company
South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment t...
Mar 09, 2023 (Gmt+09:00)
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Tech, Media & TelecomSK Square’s Swiss unit joins EU quantum satellite project
A Swiss company owned by South Korea’s SK Square Co. has joined a European project to develop a quantum communications sat...
Mar 09, 2023 (Gmt+09:00)
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ElectronicsLG ups ante to counter Samsung's OLED TV return; expects profit in Q1
LG Electronics Inc. has released its highest-ever number of new organic light-emitting diode (OLED) TV models in a bid to mainta...
Mar 09, 2023 (Gmt+09:00)
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RetailKorea’s Shinsegae to bolster convenience store business
South Korea’s retail giant Shinsegae Group is set to boost its business in the rapidly growing convenience store sector as...
Mar 09, 2023 (Gmt+09:00)
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Corporate governancePOSCO Engineering & Construction renames itself POSCO E&C
POSCO Engineering & Construction, the builder affiliate of South Korea's POSCO Group, has changed its name to "POSCO E&C...
Mar 09, 2023 (Gmt+09:00)
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Korean stock marketForeign investors net buyers of Korean stocks for 5th straight month
Foreign investors bought more South Korean stocks in February, extending their buying spree to five months.The Financial Supervi...
Mar 09, 2023 (Gmt+09:00)
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Bio & PharmaLunit to supply AI image analysis solutions to Singapore
South Korea's Lunit Inc., an artificial intelligence (AI) medical company, announced on Wednesday that it has secured a contract...
Mar 09, 2023 (Gmt+09:00)
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ESGKumho Petrochem wins BB rating from MSCI's ESG ratings
Kumho Petrochemical Co. announced on Wednesday that it had received a "BB rating" in the environmental, social and governance (E...
Mar 09, 2023 (Gmt+09:00)
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MachineryLS Electric unveils smart factory solutions
South Korea’s LS Electric Co. on Wednesday said it has unveiled its future factory automation solutions for the digital tr...
Mar 09, 2023 (Gmt+09:00)