Companies
-
Electric vehicles
Polestar 4 electric SUV coupe to hit South Korean road in June
The Polestar 4 electric sport utility vehicle (SUV) coupe is set to make its debut in South Korea in June with a target of deliveries from October, S...
12 HOURS AGO
1 Min read -
Electronics
LG Elec sees AI air conditioner sales 30% increase in Q1
LG Electronics Inc. announced on Friday that the sales of air conditioner models equipped with artificial intelligence (AI) features in the Whisen li...
12 HOURS AGO
1 Min read -
REITs
Koramco, Fi-public to collaborate on mobile REIT investment
South Korea's Koramco REITs Management and Trust announced on Friday that it plans to launch a personal REIT investment service utilizing a mobile pl...
13 HOURS AGO
1 Min read -
Korean chipmakers
SK Hynix, TSMC tie up to stay ahead of Samsung over HBM supremacy
South Korea’s SK Hynix Inc. said on Friday it is partnering with Taiwan Semiconductor Manufacturing Co. (TSMC) to jointly develop next-generati...
13 HOURS AGO
4 Min read -
Corporate restructuring
Taeyoung E&C lets chairmen go as part of restructuring
Belt-tightening Taeyoung Engineering & Construction Co. (Taeyoung E&C), the 16th-largest construction company in South Korea that is undergoi...
13 HOURS AGO
2 Min read -
Beauty & Cosmetics
Clio acquires two Japanese cosmetics distributors
South Korea's Clio Cosmetics Co. announced on Friday that it has acquired a 100% stake in Japanese cosmetics distributor Doowon and cosmetics import ...
13 HOURS AGO
1 Min read -
Electronics
Samsung showcases The Freestyle Zone at camping festival
Samsung Electronics Co. announced on Friday that it set up the experience zone for the portable screen The Freestyle Second Generation at the Go Out ...
14 HOURS AGO
1 Min read -
Leadership & Management
Korean catering firm Ourhome again engulfed in sibling feud
South Korea’s catering service provider Ourhome Ltd. faced another sibling dispute as its Chief Executive and Vice Chairwoman Koo Ji-eun failed...
16 HOURS AGO
2 Min read -
Food & Beverage
Pepero enters Thailand’s King Power Duty Free
South Korea's Lotte Wellfood Co. announced on Friday that its thin chocolate-coated cookie sticks Pepero and no-sugar ice cream Zero entered King Pow...
17 HOURS AGO
1 Min read -
Bio & Pharma
Celltrion releases Remsima SC in Denmark
South Korea's Celltrion Inc. announced on Thursday that it released its autoimmune disease treatment Remsima SC (infliximab) in Denmark. Remsima SC i...
18 HOURS AGO
1 Min read -
Banking & Finance
Hyundai Capital to set up units in Indonesia, Australia
Hyundai Capital Services Inc., the consumer finance unit of the world’s third-largest automaker Hyundai Motor Group, plans to establish subsidi...
Apr 18, 2024 (Gmt+09:00)
1 Min read -
Future mobility
Hyundai, Toray to team up to develop mobility materials
Hyundai Motor Group said on Thursday it has signed a strategic partnership agreement with Japan's Toray Industries Inc. to jointly develop carbon fib...
Apr 18, 2024 (Gmt+09:00)
2 Min read -
Upcoming IPOs
Korea’s vision AI startup Superb AI eyes IPO in H1, 2026
South Korea’s promising vision AI platform developer Superb AI Inc., which has recently added generative AI to its business portfolio, is seeki...
Apr 18, 2024 (Gmt+09:00)
2 Min read -
Food & Beverage
Paris Baguette opens first store in Philippines
SPC Group’s bakery franchise Paris Baguette announced on Thursday that it opened its first store in the Philippines. The Mall of Asia branch, l...
Apr 18, 2024 (Gmt+09:00)
1 Min read -
Automobiles
Kia to bring 1st hybrid variant of subcompact SUV Sonet to Japan, China
Kia Corp., South Korea’s second-largest automaker, plans to aggressively expand its hybrid vehicle lineup to subcompact SUVs amid slower-than-e...
Apr 18, 2024 (Gmt+09:00)
3 Min read -
Logistics
CJ Logistics, Ninja Van to co-work for cross-border e-commerce
South Korea's CJ Logistics announced on Thursday that it signed a customs clearance and delivery service contract with Singapore-based Ninja Van to ...
Apr 18, 2024 (Gmt+09:00)
1 Min read -
Banking & Finance
Foreign banks expand Korean operations amid China’s slowdown
Major foreign banks have actively increased staff at their operations in South Korea to offset growing uncertainty in their business in China, grappl...
Apr 18, 2024 (Gmt+09:00)
3 Min read -
Entertainment
Kakao Entertainment, Billboard to collaborate for K-pop
South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., partnered with the renowned US music magazine Billboard on Wed...
Apr 18, 2024 (Gmt+09:00)
1 Min read -
Energy
HD Hyundai Oilbank kicks off biodiesel mass production
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, started mass production of biodiesel to expand its eco-friendly energy bu...
Apr 18, 2024 (Gmt+09:00)
1 Min read -
Corporate strategy
Samsung shifts to emergency mode with 6-day work week for executives
Executives at all Samsung Group units will work six days a week from as early as this week in a shift to emergency mode. The move comes as the won's ...
Apr 18, 2024 (Gmt+09:00)
3 Min read -
Batteries
POSCO Holdings, KNOC to jointly secure lithium in Canada
POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding (MOU) with the Kor...
Apr 18, 2024 (Gmt+09:00)
1 Min read -
Artificial intelligence
LG Uplus to ramp up AI investment by up to 40% in 2024
SILICON VALLEY – LG Uplus Corp., the third-largest mobile carrier in South Korea seeking to transform into a platform company, will expand its ...
Apr 18, 2024 (Gmt+09:00)
2 Min read -
Banking & Finance
Toss Bank exceeds 10 mn customers
South Korea’s fintech platform Toss Bank saw that its subscribers surpassed 10 million. According to the company, it's been two years and six m...
Apr 18, 2024 (Gmt+09:00)
1 Min read -
Electronics
Samsung unveils 2024 AI TV lineup in India
Samsung Electronics Co. launched its 2024 new TV lineup with enhanced AI functions at the Samsung Opera House in Bengaluru, India, on April 17.At the...
Apr 18, 2024 (Gmt+09:00)
1 Min read -
Electronics
With AI tech, Samsung Electronics on par with Apple: Han Jong-hee
MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end s...
Apr 17, 2024 (Gmt+09:00)
3 Min read -
Batteries
LG Chem, Korea Zinc JV to mass-produce EV battery materials
A joint venture between LG Chem Ltd. and Korea Zinc Inc. is slated to start the mass production of precursor, a key electric vehicle battery material...
Apr 17, 2024 (Gmt+09:00)
2 Min read -
Aerospace & Defense
Innospace, LIG Nex1 to co-work for space, defense business
South Korea's space launch startup Innospace announced on Wednesday that it signed a business agreement with LIG Nex1 Co. for cooperation and commerc...
Apr 17, 2024 (Gmt+09:00)
1 Min read -
Food & Beverage
McDonald’s Korea sees record sales in 2023
Fast food giant McDonald’s Corp. achieved record revenue of 1.29 trillion won ($815.9 million) last year in Korea, according to its regulatory ...
Apr 17, 2024 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Korea to offer $5 bn insurance for defense exports
South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to ...
Apr 17, 2024 (Gmt+09:00)
1 Min read
Hidden Champions
-
T-Robotics
Published: Mar 25, 2021
Last updated: Jan 30, 2023
-
Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jan 30, 2023
-
Jong Ie Nara
Published: May 26, 2021
Last updated: Apr 15, 2022
-
Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
-
DCM
Published: Dec 09, 2022
Last updated: Jan 30, 2023
Future Unicorns
Latest News