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Cloud computingSK, Naver to launch cloud services for Korean public institutions
South Korea’s leading cloud computing and software services providers are slated to join forces to launch a service for sm...
Jul 21, 2022 (Gmt+09:00)
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EarningsPOSCO Holdings Q2 profit down on higher raw material costs
POSCO Holdings Inc., the holding company of South Korea’s steel giant, reported a lower profit in the second quarter on ri...
Jul 21, 2022 (Gmt+09:00)
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Korean chipmakersSamsung develops next-generation data storage device
Samsung Electronics Co. on Thursday unveiled an upgraded data storage device that significantly reduces the computer processing ...
Jul 21, 2022 (Gmt+09:00)
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Korean startupsOnline study assistant operator Bebridge receives $1.9 mn in pre-Series A
South Korean startup Bebridge Inc. announced Thursday it raised 2.5 billion won ($1.9 million) in pre-Series A round from Magna ...
Jul 21, 2022 (Gmt+09:00)
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BatteriesSamsung SDI to build new battery plant in Malaysia by 2025
South Korea’s battery manufacturer Samsung SDI Co. held a groundbreaking ceremony for Plant 2 to make cylindrical batter...
Jul 21, 2022 (Gmt+09:00)
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Korean startupsWarehouse robotics maker Floatic raises $2.6 million in pre-Series A
Warehouse automation startup Floatic Robotics wrapped up its pre-Series A round with 3.4 billion won ($2.6 million). The Se...
Jul 21, 2022 (Gmt+09:00)
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EarningsHyundai Motor sees surprise Q3 after record quarterly sales, profit
South Korea’s top automaker Hyundai Motor Co. on Thursday posted its highest-ever quarterly sales and operating profit, dr...
Jul 21, 2022 (Gmt+09:00)
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IPOsAramco-backed Hyundai Oilbank drops IPO on market downturn
Hyundai Oilbank Co., a South Korean refiner backed by Saudi Aramco, withdrew its plan for an initial public offering as local st...
Jul 21, 2022 (Gmt+09:00)
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Korean startupsStartup CEOs suffer depression, anxiety: survey
About one-third of South Korean startups' chief executives are more prone to stress and depression than general adults, with fun...
Jul 21, 2022 (Gmt+09:00)
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RetailLouis Vuitton chairman to meet with heads of S.Korean department stores
The chairman and chief executive of French luxury label Louis Vuitton is scheduled to visit South Korea next week and meet with ...
Jul 21, 2022 (Gmt+09:00)
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Carbon neutralityKorean DL E&C to enter SMR biz with Canada’s Terrestrial
South Korea’s construction company DL E&C Co. is set to make inroads into the small modular reactor (SMR) business&nbs...
Jul 21, 2022 (Gmt+09:00)
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Corporate restructuringKolon Global to spin off auto unit, eyes Kolon Mobility IPO in 2023
Kolon Global Corp., an affiliate of South Korean conglomerate Kolon, will spin off its car import business unit to improve manag...
Jul 21, 2022 (Gmt+09:00)