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Korean chipmakersSamsung, SK Hynix expect chip prices to stay firm in 2024
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chip makers, forecast the prices of DRAM and hig...
May 13, 2024 (Gmt+09:00)
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Corporate governanceHanmi to fire founder's wife, entering new round of family feud
South Korea’s Hanmi Pharmaceutical Group is set to enter a new chapter of an ongoing family feud less than two months afte...
May 13, 2024 (Gmt+09:00)
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Investment bankingDeutsche Bank's Korea IB head quits after country head resigns
Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with...
May 13, 2024 (Gmt+09:00)
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Business & PoliticsKorean government vows stern response to Tokyo’s pressure on Naver
The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Nave...
May 13, 2024 (Gmt+09:00)
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EconomyKorea’s household debt growth at 5-month high on mortgages
South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery...
May 13, 2024 (Gmt+09:00)
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Bio & PharmaMedInTech attracts $14.6 mn series B investment
MedInTech Inc., South Korea's medical smart endoscopes startup, announced on Monday that it attracted a series B investment of 2...
May 13, 2024 (Gmt+09:00)
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AutomobilesLG Innotek's Nexlide celebrates its 10th anniversary
South Korea's LG Innotek announced on Monday that it will accelerate its global expansion into the automotive lighting market to...
May 13, 2024 (Gmt+09:00)
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Corporate investmentKorea Zinc to invest $146 mn in green business R&D hub
Korea Zinc Inc., South Korea’s and the world’s No. 1 lead and zinc smelter, will build its second research and devel...
May 13, 2024 (Gmt+09:00)
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EnergyHyundai Asset to enter offshore wind power market
South Korea's Hyundai Asset Management Co. announced on Monday that it signed a business agreement with Cyan Renewables, a Singa...
May 13, 2024 (Gmt+09:00)
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LogisticsLotte Global Logistics, KOBC to partner for global logistics
South Korea's Lotte Global Logistics announced on Monday that it signed a memorandum of understanding (MOU) with the Korea Ocean...
May 13, 2024 (Gmt+09:00)
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AutomobilesHyundai beats Volkswagen with world's 2nd-largest Q1 profits
South Korea's Hyundai Motor Group surpassed Volkswagen Group to claim the second-highest operating profit in the global automoti...
May 13, 2024 (Gmt+09:00)
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Korean chipmakersSamsung aims to overtake TSMC, Apple with 3 nm Exynos W1000 chip
Samsung Electronics Co., the world’s largest memory chipmaker, plans to apply its latest 3-nanometer chip processing techn...
May 13, 2024 (Gmt+09:00)
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Korean foodCJ's Bibigo Gimbap enters Australian Woolworths stores
South Korea's food giant CJ CheilJedang Corp. announced on Sunday that it released its Bibigo frozen Gimbap products at Woolwort...
May 13, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel
South Korea’s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean float...
May 13, 2024 (Gmt+09:00)