Companies
[Exclusive] Private equity
Tesco ordered to return $160 mn to MBK over Homeplus deal
Oct 14, 2021 (Gmt+09:00)
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Battery materials
L&F shares: Further upside potential after tenfold gains
Shares of L&F Co., South Korea’s top battery materials maker, have risen tenfold in the past year and a half, but many analysts bet the sto...
Oct 14, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders turn focus to high-value vessels
South Korean shipbuilders, brimming with heavy order backlogs, are turning their focus to high-value and eco-friendly vessels for new orders as the i...
Oct 14, 2021 (Gmt+09:00)
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Earnings
POSCO emerges from pandemic blues with record third-quarter profit
South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high quarterly p...
Oct 13, 2021 (Gmt+09:00)
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Startups
Luxury reseller EndAnd offers one-of-a-kind authentication service
One of the biggest concerns in purchasing a secondhand luxury item is being uncertain if the item is real or fake. And South Korea-based luxury resal...
Oct 13, 2021 (Gmt+09:00)
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Tech
Naver's metaverse platform seeks over $40 mn in funding
Naver Z Corp., the operator of South Korea's metaverse platform Zepeto, is in the early stages of talks with investors to raise more than 50 billion ...
Oct 13, 2021 (Gmt+09:00)
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Hydrogen economy
SK to form 'turquoise' hydrogen JV in Korea with Monolith
SK Inc., the holding and investment company of South Korea’s SK Group, agreed to establish a 'turquoise' hydrogen joint venture in the country ...
Oct 13, 2021 (Gmt+09:00)
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IPOs
LG Energy Solution’s IPO plan remains elusive after GM recall settlement
South Korea’s top battery maker LG Energy Solution Ltd. is about to resume its initial share sale plan shelved for months due to the uncertaint...
Oct 13, 2021 (Gmt+09:00)
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Group restructuring
Amazon in talks to invest in SK Tel's spun-off unit
Amazon.com, the world's largest online retailer, is in negotiations with South Korea's SK Telecom Co. to invest in the mobile carrier's non-telecom o...
Oct 13, 2021 (Gmt+09:00)
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M&As
Ssangyong Motor struggles to find new owner
Ssangyong Motor Co., the troubled South Korean sport utility vehicle manufacturer, is struggling to find a new owner amid doubts as to whether the ex...
Oct 13, 2021 (Gmt+09:00)
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Markets
Samsung shares' underperformance deepens on growth concerns, won
Shares of Samsung Electronics Co., South Korea’s largest stock on the main bourse, are significantly underperforming as analysts slash price ta...
Oct 13, 2021 (Gmt+09:00)
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Auto industry
GM says it will recover $1.9 billion of Bolt-recall costs from LG
General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet Bolt electric mod...
Oct 13, 2021 (Gmt+09:00)
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5G races
Huawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?
Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the co...
Oct 13, 2021 (Gmt+09:00)
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Automobiles
Korean auto shares shine in gloomy stock market
South Korean car shares overcame slides in the country’s stock markets as the automotive chip shortage is showing some signs of easing.Global c...
Oct 13, 2021 (Gmt+09:00)
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Earnings
LG Electronics Q3 profit halves on GM recalls, sales at record-high
LG Electronics Inc. said on Tuesday it expects its third-quarter operating profit to plunge as heavy costs for General Motors Co.’s recall of e...
Oct 12, 2021 (Gmt+09:00)
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Future mobility
Hyundai-led autonomous industry association to launch in October
South Korea’s leading mobility company Hyundai Mobis Co. will be heading the country’s new industry association of autonomous driving mar...
Oct 12, 2021 (Gmt+09:00)
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Airlines
Kumho Asiana assures 30-year profits to Gate Gourmet in catering deal
Kumho Asiana Group’s management assured net profits for 30 years to Gate Gourmet when the South Korean conglomerate signed a deal for Asiana Ai...
Oct 12, 2021 (Gmt+09:00)
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Semiconductors
Samsung makes industry’s smallest 14 nm DDR5 chip with EUV technology
Samsung Electronics Co., the world’s largest memory chipmaker, said on Tuesday it has begun mass production of the industry’s smallest 14...
Oct 12, 2021 (Gmt+09:00)
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[Interview] Moderna co-founder
Giving away patents not in line with capitalist society
WASHINGTON D.C. -- US-based biotechnology company Moderna Inc. wasn’t a household name until the beginning of last year, when its fate changed ...
Oct 12, 2021 (Gmt+09:00)
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M&As
KKR named as preferred buyer of SK E&S' $2 bn new shares
KKR & Co. has secured the exclusive negotiating rights to buy SK E&S Co.'s new preferred shares worth 2.4 trillion won ($2 billion), which th...
Oct 12, 2021 (Gmt+09:00)
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Corporate governance
SK Group to reform governance structure with stronger board of directors
SK Group will undergo a major governance reform with significant empowerment of the board of directors in making key management decisions. The group ...
Oct 12, 2021 (Gmt+09:00)
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Samsung Group
Tax burden pushes Samsung heirs to sell $1.8 bn worth of shares by April 2022
The heavy inheritance tax burden in South Korea is pushing the heirs of the late Samsung Group Chairman Lee Kun-hee to sell about 2.2 trillion won ($...
Oct 11, 2021 (Gmt+09:00)
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Petrochemicals
LG Chem to build technical support centers in EU, US
LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wil...
Oct 11, 2021 (Gmt+09:00)
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Heavy machinery
S.Korean heavy equipment makers ride global raw materials boom
The surging demand for raw materials around the world are driving sharp sales rebounds of South Korea’s two leading equipment makers Hyundai Co...
Oct 11, 2021 (Gmt+09:00)
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Taxation
Samsung, SK Hynix to pay corporate taxes to foreign countries
South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to forei...
Oct 10, 2021 (Gmt+09:00)
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Travel & Leisure
Travel bubble triples Koreans’ trips to Saipan
A travel bubble between South Korea and Saipan more than tripled visits of residents in the Asian country to the main island in the Northern Mariana ...
Oct 10, 2021 (Gmt+09:00)
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Foundry competition
Samsung surprises foundry industry with plan for 2 nm chips
Samsung Electronics Co. caught its global semiconductor competitors off guard last week at the Samsung Foundry Forum 2021 with its announced plan to ...
Oct 10, 2021 (Gmt+09:00)
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Aerospace
S.Korea’s first homegrown space rocket Nuri set for October launch
South Korea will be the seventh country in the world to launch a space rocket with homegrown technologies. The long-awaited Nuri, or Korea Space Launc...
Oct 08, 2021 (Gmt+09:00)
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M&As
Shares in Woori Financial draw KT, builder and PEFs
South Korea's telecom giant KT Corp., mid-sized builder Hoban Construction Co. and about 10 private equity firms have submitted letters of intent to ...
Oct 08, 2021 (Gmt+09:00)
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Startups
SoftBank-backed Riiid acquires Langoo, eyes Japan's edtech market
South Korea-based artificial intelligence startup Riiid is looking to boost its presence in Japan following the acquisition of its Japan-based distri...
Oct 08, 2021 (Gmt+09:00)
Hidden Champions
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Point Mobile
Published: Sep 14, 2021
Last updated: Sep 29, 2021
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Jong Ie Nara
Published: May 26, 2021
Last updated: May 28, 2021
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Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jul 15, 2021
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T-Robotics
Published: Mar 25, 2021
Last updated: Jul 08, 2021
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3G Technologies
Published: Sep 25, 2020
Last updated: Jul 06, 2021
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Koh Young Technology Inc
Published: Sep 21, 2020
Last updated: Sep 28, 2021
Future Unicorns
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RIDI
Published: Sep 28, 2021
Last updated: Oct 01, 2021
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Grip
Published: Apr 19, 2021
Last updated: Apr 30, 2021
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Sandbox Network
Published: Mar 22, 2021
Last updated: Jul 23, 2021
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Spoon Radio
Published: Feb 02, 2021
Last updated: Mar 19, 2021
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AIOBIO
Published: Oct 07, 2020
Last updated: Jun 08, 2021
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Wisely
Published: Sep 20, 2020
Last updated: May 26, 2021
Latest News
- 1 POSCO Chem Q3 profit surges as battery materials lift sales to record
- 2 EcoPro BM to build battery materials plants in US, Europe
- 3 Nuri's mission unfulfilled, but one step closer to success
- 4 K-pop copyright trading platform prepares for IPO
- 5 Simone drops IPO on weak institutional investor demand
