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E-commerceShopee to ramp up Korean goods sales in Vietnam, Thailand
Shopee Pte. Ltd., an e-commerce operator, plans to quadruple sales of South Korean products in Vietnam and Thailand by 2025 aimi...
Jun 27, 2024 (Gmt+09:00)
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Mergers & AcquisitionsEugene PE, KDB PE to acquire Boryung Biopharma for $231 million
A consortium of Eugene Private Equity and Korea Development Bank Private Equity will acquire 80% of South Korean vaccine maker B...
Jun 27, 2024 (Gmt+09:00)
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EnergyHanwha, Taihan to spur global sales of extra-high voltage cables
Hanwha Solutions Corp., the chemical and renewable energy unit of South Korea’s No. 7 conglomerate Hanwha Group, and Taiha...
Jun 27, 2024 (Gmt+09:00)
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AutomobilesHyundai Inster, Kia EV3, Genesis Neolun shine at Busan auto show
BUSAN – Hyundai Motor Co., South Korea’s top automaker, on Thursday premiered the Inster, an all-electric crossover ...
Jun 27, 2024 (Gmt+09:00)
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SteelPOSCO restarts furnace after upgrade with smart system
POSCO, the world’s seventh-largest steelmaker, on Thursday restarted a blast furnace in South Korea following a revamp app...
Jun 27, 2024 (Gmt+09:00)
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Artificial intelligenceLG unveils Google’s generative AI-powered robot CLOi
LG Electronics Inc. on Thursday unveiled its service robot CLOi GuideBot powered by Google’s multimodal AI model Gemini to...
Jun 27, 2024 (Gmt+09:00)
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Food & BeverageLotte Chilsung to reduce plastic usage by 20% by 2030
South Korea’s Lotte Chilsung Beverage announced on Thursday that it plans to reduce plastic usage by 20% by 2030 by decrea...
Jun 27, 2024 (Gmt+09:00)
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Bio & PharmaDaewoong, Indonesia's IPB to co-research on primate
South Korea's Daewoong Pharmaceutical Co. announced on Thursday that it signed a contract with Indonesia's Bogor Agricultural Un...
Jun 27, 2024 (Gmt+09:00)
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Banking & FinanceWoori Financial, Natixis to manage global private equity fund
South Korea's Woori Bank and Woori PE Asset Management announced on Thursday that they have signed a "strategic business agree...
Jun 27, 2024 (Gmt+09:00)
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ElectronicsSamsung Electronics unveils new smartphone image sensors
Samsung Electronics Co. has developed new image sensors -- ISOCELL HP9, ISOCELL JN5 and ISOCELL GNJ -- expected to enable smartp...
Jun 27, 2024 (Gmt+09:00)
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PetrochemicalsKukdong Oil to build hydrogen gas plant in Ulsan
South Korea's Kukdong Oil & Chemicals Co. announced on Wednesday that it will construct the nation's largest hydrogen gas ...
Jun 27, 2024 (Gmt+09:00)
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IPOsNaver's webtoon unit to raise $315 mn via Nasdaq IPO
Webtoon Entertainment Inc., South Korean tech giant Naver Corp.'s online comics platform, said on Thursday that it will raise $3...
Jun 27, 2024 (Gmt+09:00)
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Mergers & AcquisitionsSK Bioscience to buy German vaccine maker IDT Biologika for $244 mn
South Korea’s vaccine developer SK Bioscience Co. will acquire a controlling stake in the world’s top 10 vaccine fir...
Jun 27, 2024 (Gmt+09:00)
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Banking & FinanceShinhan Card, KakaoBank to team up for PLCC
South Korea's Shinhan Card Co. and the domestic internet bank KakaoBank Corp. said on Wednesday that they signed a business agre...
Jun 27, 2024 (Gmt+09:00)
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Tech, Media & TelecomSamsung, KB Kookmin Card launch IoT credit card
Samsung Electronics Co. announced on Thursday it launched an Internet of Things (IoT) credit card in collaboration with KB Kookm...
Jun 27, 2024 (Gmt+09:00)
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Executive reshufflesLotte Group's heir apparent joins Japan holding firm's board
Shin Yoo-yeol, the heir apparent to Lotte Group, has been elected to the board of directors of its Japanese holding company, whi...
Jun 27, 2024 (Gmt+09:00)