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Electric vehiclesLG Elec completes stock deal with Magna for EV powertrain JV
LG Electronics Inc. completed a stock sale deal with Canadian auto parts maker Magna International Inc. for an electric vehicle ...
Jul 28, 2021 (Gmt+09:00)
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PharmaceuticalsTiumBio acquires stake in SK Plasma to beef up R&D for rare diseases
South Korea-based biopharmaceutical company TiumBio is set to acquire 30 billion won ($26 million) worth of shares in SK Plasma,...
Jul 28, 2021 (Gmt+09:00)
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IPOsHK inno.N’s IPO price set at top end with record demand for Kosdaq listing
HK inno.N Corp. (inno.N), a pharmaceuticals unit of South Korea's Kolmar Korea, set the initial public offering price at the top...
Jul 28, 2021 (Gmt+09:00)
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EarningsPolysilicon drives up OCI’s Q2 profit to 10-year high amid solar cell boom
OCI Co., a South Korean chemical and green energy company, on Wednesday reported that its quarterly profit has risen to the high...
Jul 28, 2021 (Gmt+09:00)
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Alternative investmentsPOBA commits $150 mn to Brookfield secondaries fund
South Korea's Public Officials Benefit Association (POBA) has ventured into the real estate secondaries market, committing $150 ...
Jul 28, 2021 (Gmt+09:00)
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Food & BeverageShinsegae enters alternative meat market with own brand
South Korea’s retail conglomerate Shinsegae Group’s food affiliate Shinsegae Food Inc. has entered the fast-growing ...
Jul 28, 2021 (Gmt+09:00)
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EnergyCS Wind buys Portugal's offshore wind energy firm
CS Wind Corp., the global leader in the wind tower market, has agreed to buy a majority stake in Portugal's largest wind tower m...
Jul 28, 2021 (Gmt+09:00)
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IPOsKrafton IPO draws tepid demand from institutional investors
South Korean game developer Krafton Inc.’s initial public offering, the largest domestic IPO in the second half, drew weak...
Jul 28, 2021 (Gmt+09:00)
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BatteriesPOSCO to build $200 mn nickel refining plant to ramp up battery materials
POSCO, the world’s fifth-largest steelmaker by output, said on Wednesday it is spending 230 billion won ($200 million) to ...
Jul 28, 2021 (Gmt+09:00)
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SteelKorea’s steel stocks make big rebound with rosy H2 outlook
The share prices of South Korea’s major steelmakers, which observed a period of a downturn over the last two months, is ma...
Jul 28, 2021 (Gmt+09:00)
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EV BatteriesSurging battery material costs put roadblock to EV growth
Prices of core raw materials such as lithium and cobalt for electric vehicle (EV) batteries jumped to threaten the global auto i...
Jul 28, 2021 (Gmt+09:00)
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Korean startupsKorea's sole AI chip designer takes on automotive chip market
South Korea-based semiconductor intellectual property provider Openedges Technology Inc. has come into the limelight with global...
Jul 28, 2021 (Gmt+09:00)
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Tech, Media & TelecomSamsung further cornered by Intel's foundry ambitions
Intel Corp.'s announcement on Monday of securing Qualcomm Inc. as its first fabless client caught Samsung Electronics Co. off gu...
Jul 28, 2021 (Gmt+09:00)
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COVID-19COVID treatment deals drive Samsung Bio’s record quarterly earnings
South Korea’s Samsung Biologics Co. posted its highest quarterly revenue and operating profit, thanks largely to a number ...
Jul 28, 2021 (Gmt+09:00)