Corporate investment
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Corporate strategy
SK Innovation reshuffles units to raise value
SK Innovation Co., South Korea’s top energy company, is reorganizing its subsidiaries to boost their individual values through independent mana...
Apr 11, 2024 (Gmt+09:00)
2 Min read -
Corporate investment
Korean companies’ 2024 facility investment doubles to $39.4 billion
South Korea’s major companies invest heavily in facilities to seek new growth engines and drive up their corporate value amid tough business co...
Apr 08, 2024 (Gmt+09:00)
3 Min read -
Banking & Finance
Korea’s Shinhan to invest $180 mn in India’s HDFC Credila
South Korea’s Shinhan Bank is set to invest $180 million in HDFC Credila Financial Services Ltd., India’s largest education loan provider...
Apr 04, 2024 (Gmt+09:00)
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Retail
BGF to vigorously expand convenience stores in Kazakhstan
BGF Retail Co., South Korea’s biggest convenience store chain operator, will expand aggressively in Kazakhstan, creating the potential to crank...
Apr 03, 2024 (Gmt+09:00)
2 Min read -
Batteries
POSCO new chief vows to keep fostering battery materials business
POSCO Holdings Inc.'s new Chairman Chang In-hwa on Thursday pledged to keep fostering its electric vehicle battery materials business, the group&rsqu...
Mar 21, 2024 (Gmt+09:00)
3 Min read -
Corporate investment
LG injects $97 mn into Vista Equity’s fund for new tech investments
LG Group, South Korea’s fourth-largest conglomerate, injected $97 million into a fund run by Vista Equity Partners Management LLC for investmen...
Mar 20, 2024 (Gmt+09:00)
1 Min read -
Automobiles
Renault to invest $523 mn to build green car hub in Korea
Renault Korea Motors Co., grappling with a protracted slump without new releases, plans to invest more than 700 billion won ($523 million) by 2027 to...
Mar 19, 2024 (Gmt+09:00)
3 Min read -
Corporate investment
Korean manufacturers on edge over US visa quotas
A South Korean automotive parts maker, which made its inroads into the US in the mid-2010s, sharply expanded its production facilities in Alabama las...
Mar 03, 2024 (Gmt+09:00)
4 Min read -
Aerospace & Defense
KAI to invest $76 mn in unmanned fighter jets
Korea Aerospace Industries Ltd. (KAI) has announced that it plans to invest 102.5 billion won ($76.64 million) in the development of core technologie...
Feb 14, 2024 (Gmt+09:00)
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Corporate investment
Warren Buffett’s IMC to invest $98 million in Daegu for chip materials plant
DAEGU – The IMC Group, owned by Warrant Buffett’s Berkshire Hathaway Inc., will invest 130 billion won ($98 million) to build a semicondu...
Feb 07, 2024 (Gmt+09:00)
1 Min read -
Corporate governance
Kakao inspects SM Entertainment’s management
Kakao Corp. has embarked on a special inspection of SM Entertainment Co.'s financial reporting for the first time since the South Korean internet gia...
Jan 26, 2024 (Gmt+09:00)
2 Min read -
Travel & Leisure
MyRealTrip attracts $57 mn investment
South Korea's travel app MyRealTrip announced on Friday that it has attracted 75.6 billion won ($56.55 million) investment from domestic and foreign ...
Jan 19, 2024 (Gmt+09:00)
1 Min read -
Artificial intelligence
SK Networks invests $19 mn in AI startup Upstage
South Korea's SK Networks Co. announced on Friday that it has invested 25 billion won ($19.02 million) in the domestic artificial intelligence (AI) ...
Jan 12, 2024 (Gmt+09:00)
1 Min read -
Artificial intelligence
LG Uplus invests $7.6 mn in 42Maru
South Korea’s LG Uplus Corp. announced on Sunday that it has invested 10 billion won ($7.6 million) in 42Maru, a domestic language AI startup.T...
Jan 08, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Shinhan Card Kazakhstan arm attracts $24 mn investment
Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a 31 billion won ($24 million) investment from local car dea...
Dec 28, 2023 (Gmt+09:00)
1 Min read -
Corporate investment
SK Networks to accelerate AI-led, startup investments
SK Networks Co. will accelerate its transformation into an artificial intelligence-led investment company from a general trading firm, its President ...
Dec 08, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai breaks ground on $1.5 bn EV plant in S.Korea
ULSAN -- Hyundai Motor Co., the world’s third-largest automaker along with its affiliate Kia Corp., on Monday broke ground for a dedicated elec...
Nov 13, 2023 (Gmt+09:00)
4 Min read -
Electric vehicles
POSCO Int’l to invest $519 mn in EV parts output expansion
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., plans to spend 680 billion won ($519.1...
Nov 09, 2023 (Gmt+09:00)
3 Min read -
Bio & Pharma
Lotte builds US antibody-drug conjugate plant with $82 mn
South Korea’s Lotte Biologics Co. is establishing an antibody-drug conjugate (ADC) factory in Syracuse, New York, with an investment of 110 bil...
Oct 31, 2023 (Gmt+09:00)
2 Min read -
Korean startups
S.Korea’s startups see Sept. investment surge 85%
South Korea’s startups last month saw investment rise for the first time this year.The Seoul-based Startup Alliance, a private support organiza...
Oct 26, 2023 (Gmt+09:00)
1 Min read -
Banking & Finance
Shinhan Card's Kazakhstan arm secures $60 mn from IFC
Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a $60 million investment from the International Finance Corp...
Oct 25, 2023 (Gmt+09:00)
1 Min read -
Artificial intelligence
Nvidia invests in Korean generative AI startup Twelve Labs
Nvidia Corp., a global chip designer, made its first investment in a South Korean generative artificial intelligence startup as Big Tech companies Go...
Oct 24, 2023 (Gmt+09:00)
4 Min read -
Food & Beverage
Nongshim invests $7.4 mn to nurture food tech startups
South Korean food and beverage giant Nongshim Co., unveiled plans on Wednesday to pump 10 billion won ($7.4 million) into venture funds, aiming to di...
Oct 18, 2023 (Gmt+09:00)
1 Min read -
Bio & Pharma
SK Plasma gets investment from Indonesian fund
South Korea’s SK Plasma on Tuesday said it signed a term sheet, or a nonbinding agreement on the basic terms and conditions of an investment, w...
Oct 10, 2023 (Gmt+09:00)
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Research & Development
S.Korea’s corporate R&D spending lags global rivals
Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government ta...
Oct 05, 2023 (Gmt+09:00)
3 Min read -
Carbon neutrality
Korea’s SKC to invest up to $70 mn in US smart glass firm Halio
SKC Ltd., a South Korean chemicals maker, is set to invest as much as $70 million in Halio Inc., a US smart glass technology company, to expand the e...
Sep 27, 2023 (Gmt+09:00)
2 Min read -
Tech, Media & Telecom
LG Uplus invests $7.4 mn in S.Korean edu-tech startup
South Korea’s No. 3 wireless carrier LG Uplus Corp. on Tuesday said it will make an equity investment of some 10 billion won ($7.4 million) in ...
Sep 27, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's KT invests in domestic startups Upstage, Qanda
South Korea's KT Corp. has invested 20 billion won ($15 million) in two domestic artificial intelligence (AI) startups. For the second time in this y...
Sep 11, 2023 (Gmt+09:00)
1 Min read -
Food & Beverage
Snack maker Orion earns dividends from Vietnam for 1st time
South Korea’s confectionery and snack manufacturer Orion Corp. collected dividends from its Vietnamese unit for the first time as the company h...
Sep 07, 2023 (Gmt+09:00)
1 Min read
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