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Venture CapitalKB Investment, RM Global to form $100 mn bio VC fundKB Investment Co. will join forces with US-based RM Global Partners to launch a $100 million life science fund to invest in earl...
Dec 09, 2020 (Gmt+09:00)
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BatteriesPOSCO Chem becomes supplier for GM-LG Energy Solution JVPOSCO Chemical Co., a secondary battery materials unit under POSCO, saw its share price surge on announcing that it has secured ...
Dec 09, 2020 (Gmt+09:00)
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Venture CapitalKDB backs $100 mn SE Asia fund of Korean, Chinese VC firmsSouth Korean venture capital firm SV Investment Corp, together with China’s Shenzhen Capital Group, will raise $100 millio...
Dec 09, 2020 (Gmt+09:00)
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Korean chipmakersSamsung Electronics to raise image sensor output to overtake SonySamsung Electronics Co. is switching one of its DRAM chip fabrication lines to boost production of image sensors used in smartph...
Dec 09, 2020 (Gmt+09:00)
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Alternative investmentsNPS-Allianz $2.3 bn fund seeks to buy stake in Singapore towerThe National Pension Service and Germany’s Allianz SE are in negotiations to jointly buy a 50% stake in OUE Bayfront...
Dec 09, 2020 (Gmt+09:00)
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EarningsJ.P. Morgan lifts 2021 Kospi target to 3,200Global investment firm J.P. Morgan projects South Korea’s benchmark Kospi will climb to 3,200 next year, up nearly 18% f...
Dec 09, 2020 (Gmt+09:00)
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Korean chipmakersSamsung Electronics buys land in Austin, eyes foundry expansionSamsung Electronics Co. has purchased a giant lot of land in Austin, Texas, where its US chip plant is located, raising expectat...
Dec 09, 2020 (Gmt+09:00)
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Future MobilityHyundai Motor acquires Boston Dynamics from SoftBank for almost $1 bnHyundai Motor Co. has decided to acquire the US robotics firm Boston Dynamics Inc. from SoftBank Group for slightly less than 1 ...
Dec 09, 2020 (Gmt+09:00)