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Beauty & CosmeticsBain Capital in talks to buy Korean aesthetic device maker Ilooda
Ilooda, a South Korean medical aesthetic devices maker valued at around 200 billion won ($158 million), is likely to sell its ma...
Jul 19, 2023 (Gmt+09:00)
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Food & BeverageWine bubble bursts in S.Korea as whisky frenzy grows
The South Korean fever for wine has cooled, with its imports down in the first half for a second straight year as the popularity...
Jul 19, 2023 (Gmt+09:00)
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Mergers & AcquisitionsSM Group to buy HMM but not for over $3.5 bn: SM Chair Woo
SM Group has enough financial ammunition to buy the country’s No. 1 container shipping line HMM Co. but would not join the...
Jul 19, 2023 (Gmt+09:00)
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ElectronicsNew Galaxy foldables: Slimmer, lighter, with ergonomic designs
Samsung Electronics Co.'s new foldable smartphones are slimmer and lighter than previous generations and will deliver the most f...
Jul 19, 2023 (Gmt+09:00)
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Artificial intelligenceLG unveils upgraded hyperscale AI for future businesses
LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced an upgraded hyperscale AI to be used for its ...
Jul 19, 2023 (Gmt+09:00)
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Korean startupsKKR leads $190 mn Series C funding of fashion platform Musinsa
South Korea’s leading fashion platform Musinsa said on Wednesday it has attracted 240 billion won ($189.7 million) in its ...
Jul 19, 2023 (Gmt+09:00)
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Korean chipmakersSamsung primed for graphics chip leadership with GDDR7
Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled a next-generation graphics DRAM chip that is f...
Jul 19, 2023 (Gmt+09:00)
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EnergyKHNP develops world's first accident monitoring system for nuclear reactors
Korea Hydro & Nuclear Power (KHNP) announced on Wednesday that it has successfully developed the Technical Specification Ope...
Jul 19, 2023 (Gmt+09:00)
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Bio & PharmaGC Biopharma wins approval for quadrivalent flu vaccine in Egypt
South Korea's GC Biopharma Corp. announced on Wednesday that its quadrivalent influenza vaccine "GC Flu Quadrivalent" has receiv...
Jul 19, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHD KSOE secures order for world's largest liquefied CO2 carrier
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an intermediate subsidiary of HD Hyundai Co., has successfully won a...
Jul 19, 2023 (Gmt+09:00)
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AutomobilesGM Korea releases new Trailblazer geared for S.Korean market
General Motors (GM) Korea on Wednesday launched the domestic sale of its new model of the small SUV Trailblazer customized for t...
Jul 19, 2023 (Gmt+09:00)
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Bio & PharmaNovomics expands presence in Chinese cancer market
South Korean molecular diagnostics company Novomics Co. announced on Wednesday that it has signed a collaboration agreement with...
Jul 19, 2023 (Gmt+09:00)
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EnergyHanwha Q Cells pursues next-gen energy solutions other than solar
Lee Koo-yung, CEO of the solar power unit Qcells Division (Hanwha Q Cells) of South Korea's Hanwha Solutions Corp., on Monday sa...
Jul 19, 2023 (Gmt+09:00)
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Bio & PharmaSK Biopharm eyes Asia's No.1 spot in radioactive drug market
South Korea’s SK Biopharmaceuticals Co. is aiming to triple its enterprise value to $15 billion by 2026 with the goal of r...
Jul 19, 2023 (Gmt+09:00)
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Corporate strategyLotte Group's Shin stresses unlearning as key to innovation
Disregarding existing ways and being open to new opportunities are challenging in South Korea’s large conglomerates, where...
Jul 19, 2023 (Gmt+09:00)
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AirlinesKorean Air resumes flights from Busan to Japan after three-year suspension
Korean Air Lines Co., the largest airline and flag carrier of South Korea, said on Tuesday that it would resume its operations o...
Jul 19, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai Heavy Industries gets early jump on green vessel market
South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using it...
Jul 19, 2023 (Gmt+09:00)
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Food & BeverageSouth Korea's whisky imports surge 50% to record high
South Korea's whisky imports surged by 50% in the first half of 2023, reaching an unprecedented peak, according to trade data th...
Jul 19, 2023 (Gmt+09:00)
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SteelPOSCO Holdings posts operating profit of $790 million in Q1
South Korea's POSCO Holdings Inc. has returned to the level of 1 trillion won ($790.5 million) in quarterly operating profit aft...
Jul 19, 2023 (Gmt+09:00)