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Corporate restructuringPOSCO CEO says split-off units will never be listed
POSCO Group Chairman and Chief Executive Choi Jeong-woo on Monday reaffirmed the group's determination not to list on the stock ...
Dec 13, 2021 (Gmt+09:00)
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Korean chipmakersSamsung to produce STMicro's MCUs for use in iPhones
Samsung Electronics Co. has won a foundry order from Switzerland-based STMicroelectronics to produce microcontroller units (MCUs...
Dec 13, 2021 (Gmt+09:00)
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MetaverseK-startups take note of growing demand for 'meta fashion'
Meta fashion, a combination of fashion, metaverse, and NFT, is becoming a global trend. The MZ generation, as those in thei...
Dec 13, 2021 (Gmt+09:00)
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AutomobilesLG Elec expands global auto electronics market share
South Korea’s LG Electronics Inc. is raising its market share in the global automotive electronics industry with the compa...
Dec 13, 2021 (Gmt+09:00)
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Pension fundsPOBA, CalSTRS invest $40 mn in California multifamily assets
South Korea’s pension fund Public Officials Benefit Association (POBA) and US retirement fund The California State Teach...
Dec 13, 2021 (Gmt+09:00)
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Korean chipmakersWinter is over? Samsung's Q3 chip sales beat Intel's
In August, a Morgan Stanley report on the semiconductor industry, “Winter is coming,” fueled debate on whether chip ...
Dec 13, 2021 (Gmt+09:00)
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Alternative investmentsPatrizia sells Astro Tower in Brussels on behalf of Korean LPs
Patrizia AG, a Germany-based global leading real estate investment firm, said on Dec. 13 it has sold the shares of the company...
Dec 13, 2021 (Gmt+09:00)
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Aerospace & DefenseHanwha Defense to supply howitzers to Australia in $788 mn deal
South Korea’s Hanwha Defense Co. inked a $788 million deal to supply K9 self-propelled howitzers to Australia, marking its...
Dec 13, 2021 (Gmt+09:00)
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Leadership ChangeHyundai to replace design, R&D presidents for future mobility
Hyundai Motor Group, South Korea’s top automaker, may replace its presidents of design as well as research and development...
Dec 13, 2021 (Gmt+09:00)
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Business & PoliticsKAIST to establish New York campus by 2025
Korea Advanced Institute of Science & Technology (KAIST), a prestigious national research university in South Korea, is sl...
Dec 13, 2021 (Gmt+09:00)