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EarningsLG Innotek, Samsung Electro-Mechanics Q4 profit disappoint
LG Innotek Co. and Samsung Electro-Mechanics Co., two major South Korean suppliers for Apple’s iPhone, on Wednesday report...
Jan 25, 2023 (Gmt+09:00)
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EnergyKorean oil refiners to bask in record profits with hefty bonuses
Employees at South Korea’s oil refiners are expected to receive hefty bonuses after their companies posted record earnin...
Jan 25, 2023 (Gmt+09:00)
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Upcoming IPOsS.Korean companies in renewed push for Kosdaq listings
South Korean companies are making renewed pushes to go public this year even at the expense of reduced IPO values.Zaram Technolo...
Jan 25, 2023 (Gmt+09:00)
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Korean startupsSilicon Valley, Korean startups’ choice for global business
Silicon Valley was the favorite place for South Korean startups for their global business as more of them were established in ot...
Jan 25, 2023 (Gmt+09:00)
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Bio & PharmaCelltrion increases its stake in British ADC developer Iksuda
Celltrion Inc. has secured an additional stake in the UK's antibody-drug conjugate (ADC) developer Iksuda Therapeutics.According...
Jan 25, 2023 (Gmt+09:00)
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AgTechKorean tractor exports hit record high of $1.3 bn in 2022
Exports of South Korean tractors hit a fresh record high for the second consecutive year in 2022, according to Korea Customs Ser...
Jan 25, 2023 (Gmt+09:00)
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RetailLotte Duty Free wins bid to operate Melborune Airport duty-free shop
Lotte Duty Free, an affiliate of the Lotte Group, won a bid for an Australian airport duty-free shop business, accelerating its ...
Jan 25, 2023 (Gmt+09:00)
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Tech, Media & TelecomTake QR code instead of long password when connecting to Wi-Fi
LG Uplus Corp. introduced a functionality that allows access to Wi-Fi through an Internet TV screen. This is intended to make it...
Jan 25, 2023 (Gmt+09:00)
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AutomobilesHyundai AutoEver secures international safety, health certification
South Korea's mobility software provider Hyundai AutoEver said Wednesday that it has earned the international safety and health ...
Jan 25, 2023 (Gmt+09:00)
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Beauty & CosmeticsKolmar Korea to establish new cosmetics production base in Sejong City
South Korea's cosmetic original design manufacturer Kolmar Korea said Wednesday that it would establish a cosmetics production b...
Jan 25, 2023 (Gmt+09:00)
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ConstructionKorea’s Samsung C&T to build modular homes in Saudi Arabia
Samsung C&T Corp., the construction and trading arm of South Korea’s top conglomerate Samsung Group, is set to build m...
Jan 25, 2023 (Gmt+09:00)
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Korean chipmakersSK Hynix unveils industry’s fastest mobile DRAM chip LPDDR5T
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has developed the world’s fastest m...
Jan 25, 2023 (Gmt+09:00)
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ElectronicsSamsung's Galaxy S23 obtains Canstar Blue's Most Satisfied Customers award
Galaxy S23, the latest mobile handset of South Korea's electronics giant Samsung Electronics Co., obtained the Canstar Blu...
Jan 25, 2023 (Gmt+09:00)
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Korean startupsS.Korea's waste recycler ReCo lands $11.8 million in investment
South Korea's startup ReCo, which runs the comprehensive waste collection and transportation service UpBox, on Wednesday said it...
Jan 25, 2023 (Gmt+09:00)
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PetrochemicalsTop petrochemical makers secure cash on economic slowdown woes
South Korea's top petrochemical firms raised 2.6 trillion won ($2.1 billion) via corporate bond sales and rights offering earlie...
Jan 25, 2023 (Gmt+09:00)
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Mergers & AcquisitionsMBK, Unison agree on tender offer for Korea’s Osstem Implant
MBK Partners, a leading Asian private equity firm, and Unison Capital Korea agreed on a tender offer to acquire management right...
Jan 25, 2023 (Gmt+09:00)
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Pension fundsBank's retirement pension soars 15% to $107 bn last year
Retirement pensions at banks in the fourth quarter of last year emerged as a haven for money that tried to generate a stable ret...
Jan 25, 2023 (Gmt+09:00)
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ElectronicsSamsung Display unveils touch-enabled OLED laptop PC screen
A South Korean company has developed an OLED laptop PC display with a touch function like a smartphone screen without needing a ...
Jan 25, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHSD Engine's order volume exceeds $162.1 million in one month
Growth in shipbuilding orders has greatly boosted the sales of manufacturers of related equipment such as ship engines. South Ko...
Jan 25, 2023 (Gmt+09:00)
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Economy25% of lottery ticket buyers in S.Korea play every week
One in four buyers of lottery tickets in South Korea over the past year tried their luck every week.The Ministry of Strategy and...
Jan 25, 2023 (Gmt+09:00)
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HealthcareS-1 unveils AED with analysis time reduced to 2 seconds
S-1 Corp., a security affiliate of South Korea's Samsung Group, has been expanding its presence into the automated external defi...
Jan 25, 2023 (Gmt+09:00)
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AutomobilesHyundai Motor sells 1 mn electric vehicles worldwide
In 11 years since Hyundai Motor Group started selling electric vehicles (EVs), the cumulative sales volume of EVs in the global ...
Jan 25, 2023 (Gmt+09:00)
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Korean stock marketS.Korean stock issuance volume declines 24% in 2022
The volume of stock issuance in South Korea declined sharply last year due to the softening stock market. Amid rising interest r...
Jan 25, 2023 (Gmt+09:00)