Affirma Capital partners
Scope
Date
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Fintech
Naver Pay partners with GLN International
South Korea's Naver Pay announced on Wednesday that it partnered with Hana Bank’s global payment network subsidiary, GLN International, to lau...
Oct 02, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc, Bain Capital offer $2.4 bn share buyback vs MBK
Korea Zinc Inc. said on Wednesday it will buy back shares for 3.1 trillion won ($2.4 billion) with the backing of Bain Capital to counter MBK Partne...
Oct 02, 2024 (Gmt+09:00)
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Tech, Media & Telecom
KT succeeds 5G NTN satellite communication
South Korea's KT Corp. and its satellite subsidiary KT SAT said on Monday their integration of KOREASAT 6 with a terrestrial 5G network, utilizing...
Sep 30, 2024 (Gmt+09:00)
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Future mobility
Hyundai partners with Samsung to enhance connected vehicle technology
South Korea’s Hyundai Motor Group has joined forces with Samsung Electronics Co. to advance connected vehicle technology utilizing the tech gi...
Sep 25, 2024 (Gmt+09:00)
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Corporate bonds
Fed’s big rate cut spurs Korean firms to issue foreign bonds
South Korean companies rushed to issue foreign currency bonds after the US Federal Reserve lowered interest rates for the first time in more than fo...
Sep 25, 2024 (Gmt+09:00)
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Artificial intelligence
Naver to set up Middle Eastern headquarters in Saudi Arabia
Naver Corp., which has been actively seeking to unlock opportunities in the Middle East with its new growth engines artificial intelligence, cloud a...
Sep 23, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc teams up with brokerage firm to counter MBK
Korea Zinc Inc. Chair Choi Yun-birm has joined hands with a major local securities firm in a counterattack against MBK Partners Ltd. and the company...
Sep 19, 2024 (Gmt+09:00)
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Korean chipmakers
Tokyo Electron: Chip machinery giant with ‘tireless animal spirit’
TOKYO – In the 1980s, Japanese chipmakers dominated the world’s semiconductor industry.Companies like NEC, Toshiba, Fujitsu and Mitsubis...
Sep 09, 2024 (Gmt+09:00)
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Robotics
Hoban partners with Kakao, Bear Robotics for robot-based services
Hoban Construction Ltd. announced on Friday that it has signed a business agreement (MOU) with Kakao Mobility and Bear Robotics to standardize the o...
Sep 06, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom partners with Perplexity to level up conversational search
South Korea's largest telecom company SK Telecom Co. will enhance its conversational search services through a partnership with US AI search startup...
Sep 05, 2024 (Gmt+09:00)
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Private equity
MBK Partners’ sale of Homeplus Express hits snag over valuation gap
MBK Partners’ planned sale of Homeplus Express, the supermarket chain of South Korean hypermarket operator Homeplus, has hit a snag as potenti...
Aug 30, 2024 (Gmt+09:00)
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Companies
Hyundai Mobis showcases 42 new techs utilizing AI, VR
South Korea's Hyundai Mobis Co. said on Thursday that it held the M-Sphere 2024 exhibition at its Uiwang Research Center in Gyeonggi Province from...
Aug 29, 2024 (Gmt+09:00)
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Tech, Media & Telecom
One Store vows to crack Apple, Google-led app market with localization
One Store Co., South Korea’s homegrown app marketplace, will take on Apple Inc. and Google LLC in the global app market by offering tailored s...
Aug 28, 2024 (Gmt+09:00)
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Banking & Finance
Mastern, Woods Capital team up for tech hub
Mastern Investment Management Co., South Korea's real estate investment firm, said on Monday that its US subsidiary Mastern America LLC signed a mem...
Aug 26, 2024 (Gmt+09:00)
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Chemical Industry
Lotte Fine Chemical, JEFA to collaborate on clean ammonia value chain
Lotte Fine Chemical Co., a subsidiary of South Korea's Lotte Chemical Corp., said on Friday that it signed a Clean Ammonia Value Chain Agreement (JC...
Aug 23, 2024 (Gmt+09:00)
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Future mobility
Kakao Mobility introduces robot delivery at Resom Resort
South Korea's Kakao Mobility announced on Wednesday that it partnered with Hoban Hotels & Resorts to operate the robot delivery service Bring at...
Aug 21, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI, TAI ink deal to boost T-50TH support
Korea Aerospace Industries Ltd. (KAI) signed a memorandum of understanding (MOU) with Thai Aviation Industries (TAI), Thailand's state-owned aircraf...
Aug 20, 2024 (Gmt+09:00)
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Electric vehicles
Mercedes, BMW, Audi, VW offer deep discounts amid EV phobia in Korea
Imported vehicle dealers in South Korea are offering deep price cuts amid the growing electric vehicle phobia following a Mercedes-Benz EV blaze tha...
Aug 12, 2024 (Gmt+09:00)
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Banking & Finance
Korea opens probe into Woori's loans to ex-chair's relatives
South Korea’s financial watchdog agency said on Sunday it has found that Woori Financial Group, the country's fourth-largest financial holding...
Aug 11, 2024 (Gmt+09:00)
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Carbon neutrality
SK Earthon wins Australian carbon storage exploration rights
SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., will spe...
Aug 08, 2024 (Gmt+09:00)
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E-commerce
Korean e-commerce platforms struggle to draw new capital
South Korean online marketplace operators are struggling to attract investors amid deteriorating profitability and the financial turmoil facing dome...
Aug 05, 2024 (Gmt+09:00)
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Retail
Shinsegae Factory Store to enter Laos in 2025
South Korea's Shinsegae Department Store announced on Wednesday that its off-price retail chain, Shinsegae Factory Store, will expand its global foo...
Jul 31, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hanyang Securities stake draws bids without sale manager
Hanyang Securities Co. has received preliminary bids from four to five South Korean companies or consortia for its 11.3% stake after its controlling...
Jul 24, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE partners with University of Michigan to foster US ship engineers
South Korea’s HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has joined hands with the University of Michigan-Ann Arbor (UM) a...
Jul 23, 2024 (Gmt+09:00)
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Batteries
SK ties up with BlackRock-backed Korean startup for EV chargers
SK Signet Inc., South Korea’s electric vehicle charger manufacturer, joined hands with a local renewable energy startup backed by global asset...
Jul 19, 2024 (Gmt+09:00)
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Artificial intelligence
Rebellions, Igloo partner for AI-based security
South Korea’s fabless AI chip startup Rebellions Inc. announced on Tuesday that it partnered with AI-based security operations and analysis pl...
Jul 16, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom accelerates AI push via alliance with more partners
SK Telecom Co., South Korea’s top mobile carrier, is ramping up its artificial intelligence push by bringing more domestic partners into its A...
Jul 15, 2024 (Gmt+09:00)
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Electronics
Samsung Chairman Lee visits India for Ambani wedding
Samsung Electronics Co. Chairman Jay Y. Lee on Thursday visited India for the wedding of Anant Ambani — the youngest son of Asia’s riche...
Jul 12, 2024 (Gmt+09:00)
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Banking & Finance
Hana Financial mulls non-banking M&As for growth: CEO
Hana Financial Group, one of South Korea's top five financial groups, is mulling mergers and acquisitions in non-banking sectors in a bid to seize n...
Jul 12, 2024 (Gmt+09:00)
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Shareholder activism
Korea challenges PCA ruling in favor of Mason Capital over Samsung case
South Korea is seeking to revoke an international tribunal’s ruling in April that its government must pay US-based Mason Capital Management LL...
Jul 11, 2024 (Gmt+09:00)
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