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Mergers & AcquisitionsSTIC to buy Korean flooring firm Nox from TPG for $336 mn
Seoul-based private equity firm STIC Investments has agreed to acquire global leading luxury vinyl tile (LVT) flooring firm Nox ...
Aug 21, 2024 (Gmt+09:00)
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Corporate strategyLG to seek most of profit from new growth engines
LG Electronics Inc., the leading global home appliance maker, aims to generate most of its profit from future growth drivers by ...
Aug 21, 2024 (Gmt+09:00)
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BatteriesLG Energy looks to battery safety diagnosis software business
LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagno...
Aug 21, 2024 (Gmt+09:00)
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Food & BeverageBibigo dumplings enters New Zealand food market
South Korea's CJ CheilJedang Corp. announced on Wednesday that it will launch Bibigo dumplings at supermarket chains New World a...
Aug 21, 2024 (Gmt+09:00)
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Corporate strategyStock-rich KCC's shareholdings exceed its market cap
KCC Corp., a paint and glass maker but better known as a white knight for South Korean conglomerates, holds more than 4 trillion...
Aug 21, 2024 (Gmt+09:00)
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Bio & PharmaVolpara to supply cancer diagnostics SW to Intermountain Health
Lunit, a South Korean cancer diagnostics AI company, announced on Wednesday that its subsidiary Volpara Health, a New Zealand-ba...
Aug 21, 2024 (Gmt+09:00)
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Future mobilityKakao Mobility introduces robot delivery at Resom Resort
South Korea's Kakao Mobility announced on Wednesday that it partnered with Hoban Hotels & Resorts to operate the robot deliv...
Aug 21, 2024 (Gmt+09:00)
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Electric vehiclesAfter Mercedes Fire, EV Owners Want to Know What Battery They Have
SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn&rsq...
Aug 21, 2024 (Gmt+09:00)
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EnergyKolon Global, Hana Bank to form onshore wind power fund
South Korea's Kolon Global Corp. announced on Tuesday it signed an agreement with Hana Bank, Hana Alternative Asset Management, ...
Aug 21, 2024 (Gmt+09:00)
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Bio & PharmaYuhan’s lung cancer drug clears FDA hurdle for global debut
A new lung cancer treatment developed by South Korea’s Yuhan Corp. has secured approval from the US Food and Drug Administ...
Aug 21, 2024 (Gmt+09:00)
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Electric vehiclesEV firefighting startup Lee Mobility gets seed round
South Korean startup Lee Mobility announced on Tuesday that it got a seed round investment from Bluepoint Partners, a domestic e...
Aug 21, 2024 (Gmt+09:00)
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Mergers & AcquisitionsHansae Yes24 moves closer to acquiring GM supplier Erae AMS
Hansae Yes24 Holdings Co., the holding company of South Korea’s leading apparel original equipment manufacturer (OEM) Hans...
Aug 21, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor’s 1st overseas plant in Turkey makes decent turnaround
Back in the late 1990s, South Korea’s top automaker Hyundai Motor Co. built its first overseas plant in Turkey, betting on...
Aug 21, 2024 (Gmt+09:00)
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AirlinesAir Incheon joins Boeing safety operation support program
South Korea's cargo airline Air Incheon announced on Wednesday that it signed an agreement with American aircraft manufacturer...
Aug 21, 2024 (Gmt+09:00)