Complete Response Letter
Scope
Date
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Energy
POSCO Int’l completes merger with energy affiliate
South Korea’s POSCO International Co. completed a merger with its affiliate POSCO Energy Co. on Jan. 1, which the trading company said would f...
Jan 02, 2023 (Gmt+09:00)
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Banking & Finance
Shinhan Bank to completely scrap mobile, online balance transfer fees
Beginning on New Year's day, Shinhan Bank started waiving all balance transfer fees to other bank accounts and automated transfer fees for its mobil...
Jan 02, 2023 (Gmt+09:00)
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Artificial intelligence
SAPEON X220 completes tech demo of fashion-specialized AI service
South Korea's artificial intelligence company Sapeon has completed a technology demonstration of its semiconductor SAPEON X220 on "Virtual Try-On," ...
Dec 30, 2022 (Gmt+09:00)
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Waste management
SuperBin completes plastic recycling factory in Seoul suburb
SuperBin, a South Korean startup reshaping the waste recycling ecosystem using Fourth Industrial Revolution technologies, on Thursday said it had co...
Dec 30, 2022 (Gmt+09:00)
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Chemical Industry
KCC ramps up glass wool production capacity
KCC Corp., a global applied materials chemical company, is accelerating its foray into the inorganic insulation material-based glass wool market.The...
Dec 29, 2022 (Gmt+09:00)
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Chemical Industry
Doosan Corp. starts building flexible copper-clad layer plant
South Korea's Doosan Corp. is expanding its production line for flexible cooper-clad layers (FCCL) to boost competitiveness in electronic materials ...
Dec 29, 2022 (Gmt+09:00)
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Electronics
LG to develop smart home devices responsive to users’ sleep data
An air conditioner or a TV set equipped with a timer that automatically turns power on and off based on the user's preference has been around for ye...
Dec 26, 2022 (Gmt+09:00)
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Metaverse
Korean gaming giants racing for metaverse win
Have you ever wondered what the metaverse really is? So far, the consensus is that it's a virtual world that can accommodate pretty much every socia...
Dec 20, 2022 (Gmt+09:00)
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Bio & Pharma
HLB Therapeutics signs contract for COVID vaccine distribution rights
South Korea's pharmaceutical firm HLB Therapeutics Co. said on Monday that it has signed an agreement with the Korea Disease Control and Prevention ...
Dec 20, 2022 (Gmt+09:00)
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Artificial intelligence
ESTsoft completes construction of studio dedicated to AI virtual humans
South Korea's application software developer ESTsoft Corp. said on Tuesday that it has built a dedicated studio in its headquarters in Seoul's Gangn...
Dec 14, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Curious completes second Samsung Heavy drillship sale
South Korean private equity firm Curious Partners has recently completed selling an undelivered drillship constructed by Samsung Heavy Industries Co...
Dec 13, 2022 (Gmt+09:00)
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Artificial intelligence
Korean startup Mathpresso completes $59 mn Series C investment
Mathpresso, the company that operates the artificial intelligence (AI)-based learning platform Qanda, said on Tuesday that it has completed Series C...
Dec 13, 2022 (Gmt+09:00)
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Bio & Pharma
New drug developer Onconic Therapeutics raises $20 mn in Series B
South Korean drug developer Onconic Therapeutics, announced on Friday that it raised 26 billion won ($19.9 million) in Series B funding, with cumula...
Dec 09, 2022 (Gmt+09:00)
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Business & Politics
KT&G completes elementary school in Laos with employee donations
KT&G, South Korea's dominant tobacco company, announced on Monday that along with South Korea's non-profit organization Sharing Culture &a...
Dec 05, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. completes SKC's industrial film unit takeover for $1.2 bn
South Korean private equity firm Hahn & Co. has completed a 1.6 trillion won ($1.2 billion) deal to wholly acquire the industrial film business ...
Dec 05, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems completes training center for Philippine Navy
Hanwha Systems Co. on Friday said it held a ceremony the day before to mark its completion of a combat system training center for the Philippine Nav...
Dec 02, 2022 (Gmt+09:00)
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Construction
Hyundai Engineering completes Long Son plant project in Vietnam
South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its co...
Nov 28, 2022 (Gmt+09:00)
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Construction
Vietnam to get its first Korean-style industrial complex
A groundbreaking ceremony was held Friday for Vietnam's first Korean-style industrial complex, to be built in the country's northern Hung Yen Provin...
Nov 25, 2022 (Gmt+09:00)
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Batteries
SK On, EcoPro, China’s GEM to build battery materials plant in Indonesia
SK On Co., a South Korean electric vehicle (EV) battery maker, has joined forces with two energy materials companies to build a nickel intermediate ...
Nov 25, 2022 (Gmt+09:00)
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Economy
One out of six married women in South Korea opts out of workforce: NSO
One out of six married women in South Korea has opted out of the workforce, to take on most of the childrearing burden in the family. Around 1....
Nov 22, 2022 (Gmt+09:00)
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Business & Politics
South Korea's economic bodies urge revision of US Inflation Reduction Act
Six leading economic organizations in South Korea have sent a joint letter to the US government and Congress requesting revision of the US Inflation...
Nov 18, 2022 (Gmt+09:00)
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Batteries
POSCO Chemical completes world's largest cathode materials plant
POSCO Chemical will soon launch operations at its newly completed factory for cathode materials, the biggest of its kind in the world with an annual...
Nov 10, 2022 (Gmt+09:00)
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Batteries
SK On to buy battery material lithium hydroxide from Chile's SQM
SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...
Nov 06, 2022 (Gmt+09:00)
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North Korea
North Korea Barrages south with missiles; South Korea swiftly responds
SEOUL—North Korea unleashed its biggest barrage in years, firing nearly two dozen missiles, including one that flew south of its disputed mari...
Nov 03, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Keppel completes Korean waste treatment firm takeover for $530 mn
Singapore-based Keppel Infrastructure completed the acquisition of South Korea’s leading waste management company EMK Co. for 760 billion won ...
Oct 20, 2022 (Gmt+09:00)
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Batteries
LG Energy set to ink graphite deal with Australia’s Syrah Resources
South Korea’s LG Energy Solution Ltd. said on Thursday it has signed an initial agreement to explore graphite procurement from Australia&rsquo...
Oct 20, 2022 (Gmt+09:00)
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Batteries
Korea's Lotte Chem seeks more M&As for battery materials, CEO says
South Korea’s petrochemical firm Lotte Chemical Corp., which signed a 2.7 trillion won ($1.9 billion) deal to acquire the world’s fourth...
Oct 16, 2022 (Gmt+09:00)
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E-commerce
Korea's luxury e-commerce platform Balaan completes Series C
South Korean luxury e-commerce platform operator Balaan Co. will complete the attraction of 25 billion won ($17.3 million) in investment in a Series...
Oct 16, 2022 (Gmt+09:00)
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Batteries
POSCO breaks ground on nickel refining plant in Korea
POSCO Group, the world’s sixth-largest steelmaker, broke ground on Friday for a high-purity nickel refining plant in South Korea to meet risin...
Oct 14, 2022 (Gmt+09:00)
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Shareholder value
Samsung leader Lee calls on mgt to raise shareholder value
Samsung Electronics Co. set up a task force team dedicated to increasing its shareholder value last month, according to industry sources on Oct. 4. ...
Oct 04, 2022 (Gmt+09:00)
Latest News
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