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RetailUS warehouse giant Costco outperforms peers in S.Korea
Membership fees couldn't keep cost-conscious South Korean consumers from rushing to Costco stores to buy big-box items at lower ...
Nov 19, 2024 (Gmt+09:00)
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Corporate restructuringGaon Cable takes over LS Cable & System's US arm
Gaon Cable Co. said on Tuesday it has taken over the US arm of parent company LS Cable & System Ltd. to beef up its business...
Nov 19, 2024 (Gmt+09:00)
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LogisticsKorean logistics companies expand overseas businesses
South Korea’s logistics companies such as local industry leader CJ Logistics Corp. are expanding their overseas operations...
Nov 19, 2024 (Gmt+09:00)
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Mergers & AcquisitionsGlenwood buys three waste management firms for about $190 mn
Glenwood Private Equity on Tuesday signed an agreement to buy three waste management companies from small South Korean business ...
Nov 19, 2024 (Gmt+09:00)
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Korean gamesCookie Run: Tower of Adventures named Google Play's Best Game
"Cookie Run: Tower of Adventures", the globally popular mobile game of South Korean game developer DevSisters Corp., was selecte...
Nov 19, 2024 (Gmt+09:00)
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Beauty & CosmeticsShilla Duty Free opens Guerlain Ultimate Boutique at Incheon Airport
South Korea's Shilla Duty Free Shop announced on Tuesday it opened the Guerlain Ultimate Boutique, the first flagship store in a...
Nov 19, 2024 (Gmt+09:00)
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RoboticsRobotis, MIT to jointly develop physical AI
South Korea's Robotis Co. said on Tuesday it partnered with the Massachusetts Institute of Technology (MIT) to develop physical ...
Nov 19, 2024 (Gmt+09:00)
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Corporate strategyHyundai Mobis aims to expand non-captive sales to 40% as it goes global
South Korea’s top auto parts maker Hyundai Mobis Co. on Tuesday said it aims to boost non-Hyundai Motor Group affiliate sa...
Nov 19, 2024 (Gmt+09:00)
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Korean chipmakersTesla asks Samsung, SK Hynix to supply HBM4 chip samples
Samsung Electronics Co. and SK Hynix Inc. are said to each be developing a sixth-generation high-bandwidth memory (HBM4) chip pr...
Nov 19, 2024 (Gmt+09:00)
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Private equityUS private equity giant Apollo opens Seoul office for APAC expansion
Apollo Global Management Inc., a US private equity powerhouse, said on Monday it has opened an office in Seoul to expand its bus...
Nov 19, 2024 (Gmt+09:00)
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Private equityMBK Partners’ 6th buyout fund raises $5 bn at 2nd close
MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion,...
Nov 19, 2024 (Gmt+09:00)
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Bio & PharmaSamsung Bioepis gets EC's approval for Opuviz
South Korea's Samsung Bioepis Co., Samsung Biologics Co.'s fully owned biosimilar subsidiary, and the US-based Biogen said on Tu...
Nov 19, 2024 (Gmt+09:00)
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Korean startupsPanmnesia raises $57 mn in Series A funding
Panmnesia, a South Korean fabless startup specializing in compute express link (CXL) technology, said on Tuesday it raised 80 bi...
Nov 19, 2024 (Gmt+09:00)
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Beauty & CosmeticsL’Oréal opens SkinCeuticals second global store in S.Korea
L’Oréal Group, the world’s largest beauty company, said on Monday it opened its second global SkinCeuticals s...
Nov 19, 2024 (Gmt+09:00)
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IPOsLS Group’s US magnet wire unit to go public with $1.4 bn value
The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an ...
Nov 19, 2024 (Gmt+09:00)
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BatteriesSouth Korea approves Korea Zinc’s precursor as national core technology
South Korea has designated Korea Zinc Inc.'s precursor manufacturing process as a national core technology and advanced industri...
Nov 19, 2024 (Gmt+09:00)