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Mergers & AcquisitionsHYBE to buy 2 labels in the Americas after dropping SM bid
HYBE Co., the company behind global sensation BTS, plans to acquire at least two prominent labels in the Americas this year as i...
Mar 15, 2023 (Gmt+09:00)
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RoboticsKorean 3D tech firm Koh Young looks to US medical robot market
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, is slate...
Mar 15, 2023 (Gmt+09:00)
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Artificial intelligenceWrtn Technologies joins latest AI fad, looking for prompt engineers
Wrtn Technologies Inc. has joined the latest generative artificial intelligence (AI) boom with its high-paying official job post...
Mar 15, 2023 (Gmt+09:00)
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Asset managementGlobal macro investing to revive for more volatile age: M&G
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the orig...
Mar 15, 2023 (Gmt+09:00)
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Electric vehiclesKia unveils flagship EV9 design; world premiere in March
Kia Corp. on Wednesday showcased its large flagship electric sport utility vehicle EV9 as the No. 2 South Korean carmaker is ext...
Mar 15, 2023 (Gmt+09:00)
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Business & PoliticsSouth Korea eyes $261 billion chip cluster; Samsung takes lead
South Korea said on Wednesday it will create the world’s largest semiconductor cluster near Seoul by attracting 340 trilli...
Mar 15, 2023 (Gmt+09:00)
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SteelHyundai, other Korean steelmakers slim down Chinese units
Hyundai Steel Co. has decided to sell its Beijing arm, worth 400 billion won ($310 million) in asset value, hit by declining sal...
Mar 15, 2023 (Gmt+09:00)
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RoboticsHyundai Elevator to compete in Indonesian smart city projects
Hyundai Elevator Co. said on Wednesday that it will join a South Korean government-led team to bid for smart city projects in In...
Mar 15, 2023 (Gmt+09:00)
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Korean chipmakersSouth Korea says US Chips Act subsidies have too many requirements
SEOUL—The U.S. Chips Act is dangling billions of dollars in subsidies in front of the world’s biggest semi...
Mar 15, 2023 (Gmt+09:00)
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ConstructionDoosan Enerbility wins combined cycle power plant order in Kazakhstan
Doosan Enerbility Co., a South Korean power plant builder, announced on Wednesday that it has signed a contract with Turkestan L...
Mar 15, 2023 (Gmt+09:00)
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ElectronicsLG Electronics showcases new products in Dubai
LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African ma...
Mar 15, 2023 (Gmt+09:00)
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EnergySGC Energy pursues transformation of biomass power plants in Vietnam
South Korea's SGC Energy Co. is pursuing a project to convert coal power plants abroad into those using biomass.The power suppli...
Mar 15, 2023 (Gmt+09:00)
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Future mobilitySK sells US car-sharing firm Turo stake to earn over $32 mn
South Korea’s second-largest conglomerate SK Group exited from Turo, the US top peer-to-peer car-sharing company, to make ...
Mar 15, 2023 (Gmt+09:00)
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Carbon neutralityLotte Fine Chemical, OCI Global join hands for clean ammonia business
Lotte Fine Chemical Co., a subsidiary of Lotte Chemical Corp., and Europe’s No.1 clean ammonia producer OCI N.V., or OCI G...
Mar 15, 2023 (Gmt+09:00)
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BatteriesLS Electric unveils innovative solutions at Korea, Japan energy exhibitions
LS Electric Co., Ltd., an industrial electric solutions company from South Korea, is set to showcase innovative solutions at sma...
Mar 15, 2023 (Gmt+09:00)
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Shipping & ShipbuildingDaewoo Shipbuilding lands record LNG carrier deal from Greece
Daewoo Shipbuilding & Marine Engineering Co., one of the world’s largest shipbuilders, secured a $512 million co...
Mar 15, 2023 (Gmt+09:00)
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Supply chainSamsung SDS acquires Korea’s No. 1 procurement SCM company
Samsung SDS Co., the information technology service unit of South Korea's Samsung Group, has acquired a 33.39% stake in Emro Inc...
Mar 15, 2023 (Gmt+09:00)
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EnergyHanwha Energy sells Spanish solar plant project to Irish firm
South Korean energy company Hanwha Energy Corp. said on Wednesday that it had sold a solar power plant project in Spain to Amare...
Mar 15, 2023 (Gmt+09:00)
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RoboticsKT expands use of self-driving delivery robots to campgrounds
South Korea's KT Corp. has launched a delivery service for campgrounds using self-driving robots.The telecom giant on Tuesday sa...
Mar 15, 2023 (Gmt+09:00)
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Rights offeringsHyundai Asan to sell $30.7 million worth of shares for capital restructuring
Hyundai Asan Co. under South Korean conglomerate Hyundai Group will raise 40 billion won ($30.7 million) in its seventh share sa...
Mar 15, 2023 (Gmt+09:00)
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Advertising & MarketingS.Korea to host Asia's largest advertising festival for 1st time since 2007
Seoul in October will host Asia's largest advertising festival AdAsia. The organizers of this year's event aim to host more than...
Mar 15, 2023 (Gmt+09:00)
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BatteriesOnce a videotape maker, Cosmo reborn as battery materials firm
Cosmo Advanced Materials & Technology Co., once the world’s largest video and cassette tape maker, has transformed int...
Mar 15, 2023 (Gmt+09:00)
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Korean chipmakersSamsung Electronics establishes new LSI chip research center in Japan
Samsung Electronics Co. has established a new semiconductor research center in Japan, combining two existing research and develo...
Mar 15, 2023 (Gmt+09:00)
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Tech, Media & TelecomSK C&C to build advanced info systems for Nongshim's overseas corporations
South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information...
Mar 15, 2023 (Gmt+09:00)
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Future mobilityTmap Mobility to sell all its 30% stake in joint venture with Grab
Tmap Mobility Co., the Korean navigation app company, announced on Tuesday its plan to sell its 30% stake in Grab Geo Holdings, ...
Mar 15, 2023 (Gmt+09:00)
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RoboticsCurexo unveils artificial joint surgery robot TMAX at AAOS 2023
Curexo, a South Korean medical robot company, said on Tuesday that it had unveiled its artificial joint surgery robot "TMAX" at ...
Mar 15, 2023 (Gmt+09:00)
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PerspectivesUS bank failure triggers Asia’s 2008 PTSD
If anyone at South Korea's National Pension Service has been planning a 2023 vacation, it might be time to cancel. The recent...
Mar 15, 2023 (Gmt+09:00)
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Bio & PharmaS.Korea's Prestige Biologics attracts $59 mn overseas investment
Prestige Biologics Co., a South Korean biopharmaceutical contract development and manufacturing organization (CDMO) company, ann...
Mar 15, 2023 (Gmt+09:00)