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Korean gamesKrafton eyes mega M&A, PUBG franchise deals: Krafton chair
Krafton Inc., South Korea’s gaming behemoth, is gearing up for the second chapter of its business through “mega&rdqu...
Mar 20, 2024 (Gmt+09:00)
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Real estateSamsung Fire headquarters up for sale at about $746 mn
The Samsung Fire & Marine Insurance Co. headquarters building in Seoul is on the market at a valuation of more than 1 trilli...
Mar 20, 2024 (Gmt+09:00)
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Mergers & AcquisitionsProxy advisor KCGS backs Hanmi founder's sons return to board
South Korea’s top proxy advisory firm has recommended that shareholders of Hanmi Science Co. vote in favor of Hanmi Pharma...
Mar 20, 2024 (Gmt+09:00)
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Fraud scandalsKorea fines Doosan Enerbility $12 mn for improper bookkeeping
South Korea’s top financial regulator said on Wednesday it will fine local major power plant builder Doosan Enerbility Co....
Mar 20, 2024 (Gmt+09:00)
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Korean chipmakersSamsung to unveil Mach-1 AI chip to upend SK Hynix’s HBM leadership
Samsung Electronics Co., the world’s top memory chipmaker, is developing a next-generation artificial intelligence chip, M...
Mar 20, 2024 (Gmt+09:00)
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Corporate governanceLotte Group to give more authority to outside directors
Food-to-retail conglomerate Lotte will expand the authority of outside directors by separating the roles of chief executives and...
Mar 20, 2024 (Gmt+09:00)
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ConstructionHD Hyundai to supply 60 excavators to Sudan
South Korea's HD Hyundai Construction Equipment Co. announced on Wednesday that it recently signed a contract to supply 60 const...
Mar 20, 2024 (Gmt+09:00)
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LogisticsCJ OliveNetworks, Addverb to team up for smart logistics
South Korea's digital service company CJ OliveNetworks announced on Wednesday that it partnered with global robotics and logisti...
Mar 20, 2024 (Gmt+09:00)
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Corporate investmentLG injects $97 mn into Vista Equity’s fund for new tech investments
LG Group, South Korea’s fourth-largest conglomerate, injected $97 million into a fund run by Vista Equity Partners Managem...
Mar 20, 2024 (Gmt+09:00)
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LogisticsHanjin, Tuushin Group to co-work for logistics in Mongolia
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Wednesday that it signed a memorandum of und...
Mar 20, 2024 (Gmt+09:00)
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Korean chipmakersSamsung rallies on expectations of Nvidia’s HBM order
SAN JOSE, Calif. – Samsung Electronics Co.'s stock zoomed on Wednesday after the world’s most famous AI chip provide...
Mar 20, 2024 (Gmt+09:00)
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Bio & PharmaDrug maker Boryung targets its highest-ever sales in 2024
Boryung Corp., formerly Boryung Pharmaceutical Co., aims to join the 1 trillion won ($748 million) sales club this year, driven ...
Mar 20, 2024 (Gmt+09:00)
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North KoreaTop US general sees changing nuclear threat from North Korea
COMMAND POST TANGO, South Korea—The top U.S. military official in South Korea said his thinking has changed on deterring N...
Mar 20, 2024 (Gmt+09:00)
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Korean startupsBig Tech engineers rush to Korea’s AI chip startups as potential looms
Big Tech engineers are flocking to South Korea’s promising startups specializing in artificial intelligence chips, a fast-...
Mar 20, 2024 (Gmt+09:00)
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Artificial intelligenceS.Korea’s Liner, the world’s No. 4 generative AI web product
South Korea’s home-grown artificial intelligence service Liner was ranked the world’s fourth-most popular generative...
Mar 20, 2024 (Gmt+09:00)
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Chemical IndustryLG Chem to unveil carbon dioxide-based plastic in Bologna
South Korea's LG Chem Ltd. announced on Wednesday that it will unveil an eco-friendly plastic material derived from carbon dioxi...
Mar 20, 2024 (Gmt+09:00)
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Beauty & CosmeticsSephora to exit S.Korean market in May
Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesd...
Mar 20, 2024 (Gmt+09:00)
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Food & BeverageKorea's SPC to collaborate with Pascucci to enter Italian market
South Korea's SPC Group announced on Tuesday that it plans to collaborate with Italian coffee chain brand Pascucci to enter th...
Mar 20, 2024 (Gmt+09:00)