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Private equityCJ CheilJedang to sell off its Brazilian soybean crusher
South Korean food giant CJ CheilJedang Corp. said Tuesday it will sell its full ownership in Brazilian soybean crusher CJ Select...
Oct 10, 2023 (Gmt+09:00)
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Korean chipmakersSamsung Elec to launch HBM4 in 2025 to win war in AI sector
Samsung Electronics Co., the world’s top memory chipmaker, aims to introduce sixth-generation top-performance High Bandwid...
Oct 10, 2023 (Gmt+09:00)
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EntertainmentCJ ENM launches AI sound source service
South Korean entertainment giant CJ ENM Co. introduced "Viodio: CJ ENM Air," an AI sound source service that makes it easy to ut...
Oct 10, 2023 (Gmt+09:00)
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Shareholder activismKT&G faces another legal battle with Korean activist fund
Singapore-based private equity firm Flashlight Capital Partners Pte. said Monday that it has filed court injunctions against KT&...
Oct 10, 2023 (Gmt+09:00)
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Corporate strategyHanwha Group chair calls for startup-like entrepreneurial spirit
South Korea’s Hanwha Group Chairman Kim Seung-youn on Monday urged the defense-to-financial conglomerate to revive the bol...
Oct 10, 2023 (Gmt+09:00)
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SteelPOSCO fully recoups initial investment in Roy Hill mine
POSCO Holdings Inc., the holding company of South Korea’s top steelmaker POSCO, has fully recovered its initial investment...
Oct 10, 2023 (Gmt+09:00)
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Bio & PharmaNGeneBio joins US gov't Cancer Moonshot project
South Korean medical diagnostic company NGeneBio Co. announced on Tuesday it joins US President Joe Biden's cancer-conquering pr...
Oct 10, 2023 (Gmt+09:00)
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Korean chipmakersSK Hynix pins high hopes on specialty DRAM for AI use: CEO
In the semiconductor industry, it’s been quite a while since memory chips became a commodity, meaning so low an entry barr...
Oct 10, 2023 (Gmt+09:00)
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Tech, Media & TelecomKT develops network diagnostic solutions
South Korea's KT Corp. has developed a solution called "DX Care" that allows for easy and fast diagnosis of corporate intranet q...
Oct 10, 2023 (Gmt+09:00)
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Artificial intelligenceVuno's brain imaging AI medical device secures FDA certification
South Korea's medical device startup Vuno announced on Tuesday that its AI-powered brain quantification device Vuno Med-DeepBrai...
Oct 10, 2023 (Gmt+09:00)
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EarningsLG Elec beats earnings estimates on healthy automotive biz
LG Electronics Inc., the leading global home appliance maker, reported better-than-expected quarterly earnings thanks to the str...
Oct 10, 2023 (Gmt+09:00)
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Food & BeverageS.Korea’s Gopizza to open branch at Singapore Changi airport
South Korean food tech startup Gopizza, known for its single-serving pizza prepared by robots, on Tuesday said it will open a br...
Oct 10, 2023 (Gmt+09:00)
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Korean foodLotte Wellfood ups Choco Pie India sales target to $60 mn with new factory
Lotte Wellfood Co., formerly Lotte Confectionery Co., has revised up this year’s Choco Pie sales forecast in India to 80 b...
Oct 10, 2023 (Gmt+09:00)
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Korean foodGluten-free Korean snack, pea soy sauce lure European gourmets
COLOGNE, Germany – The traditional Korean snack yakgwa and a soy-like sauce made with peas were named innovative foods of ...
Oct 10, 2023 (Gmt+09:00)
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Banking & FinanceKakaoBank to acquire 10% stake in Super Bank Indonesia
South Korea's KakaoBank Corp. announced on Tuesday its decision to invest in Indonesia's digital banking entity PT Super Bank ...
Oct 10, 2023 (Gmt+09:00)
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RetailS.Korea’s petrochemical, steel firms open online shopping malls
South Korea’s petrochemical and steel companies, which mainly engage in business-to-business transactions, are opening o...
Oct 10, 2023 (Gmt+09:00)
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RoboticsDoosan Robotics launches collaborative robot SW platform
Doosan Robotics Inc. announced on Tuesday that it launched the software platform for collaborative robots, Dart Suite. Dart Su...
Oct 10, 2023 (Gmt+09:00)
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Business & PoliticsSamsung, SK granted indefinite US waiver on chip gear supplies to China
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, have been granted an indefinite waiv...
Oct 10, 2023 (Gmt+09:00)
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Chemical IndustryLG Display, LG Chem develop homegrown OLED material
South Korea’s LG Display Co. and LG Chem Ltd. have domestically produced a core material for organic light-emitting diode ...
Oct 10, 2023 (Gmt+09:00)
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Bio & PharmaSK Plasma gets investment from Indonesian fund
South Korea’s SK Plasma on Tuesday said it signed a term sheet, or a nonbinding agreement on the basic terms and condition...
Oct 10, 2023 (Gmt+09:00)