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BatteriesLotte Chemical, Soelect in $200 million JV for advanced batteries
South Korea’s Lotte Chemical Corp. is advancing into the electric vehicle battery market by forming a $200 million joint v...
Apr 26, 2022 (Gmt+09:00)
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Korean stock marketForeign ownership of Korean shares hits lowest level since 2010
Foreign investors’ holding rate in South Korea’s main bourse Kospi has plunged to the lowest level since 2010. The i...
Apr 26, 2022 (Gmt+09:00)
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Mergers & AcquisitionsWhy South Korean companies don't get tender offers
Elon Musk’s successful bid to buy out the social media platform Twitter for around $44 billion is a kind of deal unlikely ...
Apr 26, 2022 (Gmt+09:00)
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Korean startupsStartup accelerator Klim Ventures secures $4 mn in bridge capital
South Korea’s startup accelerator Klim Ventures announced Tuesday it has secured 5.5 billion won ($4 million) worth of b...
Apr 26, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKorea’s LX Group seeks to acquire Magnachip Semiconductor
South Korea’s LX Group is looking to acquire US-listed Magnachip Semiconductor Corp. to create synergy with the group&rsqu...
Apr 26, 2022 (Gmt+09:00)
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SteelSeAH to supply steel pipes for LNG export base in Qatar via Samsung
SeAH Steel Corp., the largest steel pipe manufacturer in South Korea, signed a contract on April 25 to offer Samsung C&a...
Apr 26, 2022 (Gmt+09:00)
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Artificial intelligenceLG Electronics establishes hiring-guaranteed AI department at Yonsei
LG Electronics Inc. is poised to set up a new department at Seoul-based Yonsei University to train aspiring artificial intellige...
Apr 26, 2022 (Gmt+09:00)
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EnergyDoosan to supply key SMR equipment to US NuScale Power
Doosan Enerbility Co., South Korea's major power plant builder, will participate in a nuclear power plant in the US as a key equ...
Apr 26, 2022 (Gmt+09:00)
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Korean Investors73% of LPs to ramp up global warehouse investment
Key asset owners of South Korea are eyeing logistics centers and multifamily housing for real estate investing while planning to r...
Apr 26, 2022 (Gmt+09:00)