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HealthcareElon Musk’s mother Maye named Ceragem's global ambassador
Maye Musk, the mother of Tesla Inc. CEO Elon Musk, has been named the global ambassador for South Korea’s Ceragem Co., a m...
Jun 15, 2022 (Gmt+09:00)
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ElectronicsLG Display to raise $1 billion to ramp up OLED module line in Vietnam
LG Display Co., a major South Korean display panel maker, said on Wednesday it is raising $1 billion in new funding from global ...
Jun 15, 2022 (Gmt+09:00)
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EconomyKorea Inc. hit by rising commodity prices, weak won, supply crisis
South Korea’s major industries, especially the petrochemical and auto parts sectors, are suffering from surging global com...
Jun 15, 2022 (Gmt+09:00)
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Korean chipmakersDoosan adds chip post-processing to list of growth drivers
Doosan Group has added semiconductor post-processing services to its core businesses and plans to invest 1 trillion won ($774 mi...
Jun 15, 2022 (Gmt+09:00)
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Mergers & AcquisitionsVoice Caddie, Daol PE acquire US golf grip brand SuperStroke
Voice Caddie, a South Korean maker of golf course rangefinders and related golf products, and Daol Private Equity are jointly ac...
Jun 15, 2022 (Gmt+09:00)
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Aerospace & DefenseHanwha invests $115 mn in urban air mobility firm Overair
South Korea’s Hanwha Systems Co. and Hanwha Aerospace Co. have invested a combined $115 million in Series B funding for Ov...
Jun 15, 2022 (Gmt+09:00)
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PerspectivesKorea’s new central bank head could be a game changer
Rhee Chang-yong has made a big splash in less than two months as the Bank of Korea governor and I’m not the least bit surpri...
Jun 15, 2022 (Gmt+09:00)
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Tech, Media & TelecomDisney+ becomes white elephant for LG Uplus
For South Korea’s wireless carrier LG Uplus, Disney+ may have become more trouble than it is worth.The country’s vid...
Jun 15, 2022 (Gmt+09:00)
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EntertainmentBTS' temporary split announcement weighs down HYBE's shares
K-pop sensation BTS on Tuesday made a surprise announcement that it will temporarily split up, saying its seven members need tim...
Jun 15, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKorea webtoon startup Kenaz acquired by hedge fund
South Korea’s leading webtoon production startup Kenaz was taken over by a domestic hedge fund as it aims to reduce depend...
Jun 15, 2022 (Gmt+09:00)
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Supply chainKorean truck drivers end strike as govt agrees to extend wage guarantee
South Korea’s unionized truck drivers have decided to end their eight-day strike after the government agreed to extend min...
Jun 15, 2022 (Gmt+09:00)