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Mergers & AcquisitionsHyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
Hyosung TNC Corp., a South Korean textile and yarn maker, said on Thursday it will acquire the specialty gas division of Hyosung...
Dec 12, 2024 (Gmt+09:00)
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Bio & PharmaBoryung, Lotus Pharma signs CDMO deal on anticancer injection
South Korea's Boryung Corp. said on Thursday it signed a contract with Lotus Pharmaceutical, a Taiwanese oncology firm, for cont...
Dec 12, 2024 (Gmt+09:00)
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ElectronicsSamsung unveils AI-powered Galaxy Book5 Pro to take on Apple’s MacBook
Samsung Electronics Co. on Thursday unveiled its new Galaxy Book5 Pro, packed with various AI functions, to compete with archriv...
Dec 12, 2024 (Gmt+09:00)
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AutomobilesKorea’s commercial vehicle sales tumble on economic slowdown
South Korea’s commercial vehicle sales are plunging on sluggish domestic demand amid a slowdown in Asia’s fourth-lar...
Dec 12, 2024 (Gmt+09:00)
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Chemical IndustryHD Hyundai Oilbank supplies bio VLSFO to Yangming
HD Hyundai Oilbank Co., a South Korean crude oil refiner backed by Saudi Aramco, said on Thursday it started to supply Taiwan-ba...
Dec 12, 2024 (Gmt+09:00)
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Bio & PharmaGC Biopharma acquires ABO Holding for $96 mn
South Korea’s GC Biopharma Corp. said on Thursday it acquired the US-based medical-grade source blood plasma company ABO H...
Dec 12, 2024 (Gmt+09:00)
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SteelPOSCO Future M develops technology to make electrode rods
POSCO Future M Co., a battery material and steel manufacturing equipment supplier, said on Thursday it has developed electrode r...
Dec 12, 2024 (Gmt+09:00)
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Korean startupsNXN Labs aims to be Adobe of image generation AI
South Korean tech giant Naver Corp.-backed NXN Labs Inc., the developer of an artificial intelligence-powered image generation p...
Dec 12, 2024 (Gmt+09:00)
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AirlinesAsiana Airlines joins Korean Air as subsidiary
Asiana Airlines Inc., one of South Korea’s only two full-service carriers, has passed into history after 36 years of opera...
Dec 12, 2024 (Gmt+09:00)
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Korean startupsLanguage learning app Speakeasy joins ranks of unicorn startups
Speakeasy Labs Inc., a South Korea-focused language learning app operator, has joined the ranks of unicorn startups after raisin...
Dec 12, 2024 (Gmt+09:00)