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Aerospace & DefenseS.Korean defense firms receive $15 bn order from Poland
South Korea’s defense makers, namely Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI), and Hanwha Defense Corp.,...
Jul 27, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKorean homegrown OTT platform Watcha up for sale
South Korea’s over-the-top (OTT) platform Watcha Inc. is in talks with some companies to sell off its shares, according to...
Jul 27, 2022 (Gmt+09:00)
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BatteriesLG Energy shrugs off slowing economy as demand grows
South Korea’s top battery maker LG Energy Solution Ltd. on Wednesday unveiled its ambitious goals for revenue and operatin...
Jul 27, 2022 (Gmt+09:00)
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Memo from Howard MarksI Beg to Differ
I Beg to Differ I’ve written many times about having joined the investment industry in 1969, when the “Nifty Fi...
Jul 27, 2022 (Gmt+09:00)
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Corporate investmentNonferrous metals conglomerate Poongsan to invest $236 mn
South Korean nonferrous metals conglomerate Poongsan Corp. announced it will invest 313 billion won ($238 million) in facilities...
Jul 27, 2022 (Gmt+09:00)
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HealthcareDaesang Life, China’s Sinopharm to launch health foods joint venture
Daesang Life Science Corp., a South Korean health foods maker, has signed an initial agreement with China’s Sinopharm Inte...
Jul 27, 2022 (Gmt+09:00)
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Mergers & AcquisitionsMBK in talks to buy Korea's top online education firm MegastudyEdu
MBK Partners, one of Asia's largest private equity firms, is in exclusive talks to acquire Korea’s top online education co...
Jul 27, 2022 (Gmt+09:00)
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Korean chipmakersSamsung to ramp up hiring for foundry business
South Korea's Samsung Electronics Co. plans to sharply increase the number of local employees in its semiconductor division this...
Jul 27, 2022 (Gmt+09:00)
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Corporate investmentSK to build first chip packaging plant in US with $22 bn investment
WASHINGTON DC – SK Group, South Korea’s second-largest conglomerate, said on Wednesday it will build its first memor...
Jul 27, 2022 (Gmt+09:00)