Device division
Scope
Date
~
-
Earnings
LG Elec. profit down on costs; automotive biz back in the black
LG Electronics Inc., the global home appliance maker, suffered a lower profit in the second quarter on the back of rising commodity and logistics co...
Jul 07, 2022 (Gmt+09:00)
language -
Artificial intelligence
LG Uplus to strengthen AI and data businesses with launch of voicebot
LG Uplus Corp., the mobile network arm of LG Corp., is poised to strengthen its business-to-business (B2B) operations by utilizing its artificial in...
Jun 10, 2022 (Gmt+09:00)
-
Korean startups
Childcare app Piloto aims to instill healthy device use
Childcare app operator Piloto won first place at the May startup demo event hosted by D.Camp. The startup accelerator’s parent company,...
May 25, 2022 (Gmt+09:00)
-
Bio & Pharma
SK invests in US digital healthcare firm Cala Health
South Korea's SK Biopharmaceuticals Co. has dipped its toes into the rapidly growing digital healthcare market by investing in Cala Health, a US-bas...
May 19, 2022 (Gmt+09:00)
-
Korean SMEs
Korea's top patient monitoring device maker targets pet sector
South Korea’s leading patient monitoring device maker Mediana Co. is targeting the pet medical industry while seeking an artificial intelligen...
May 16, 2022 (Gmt+09:00)
-
Shipping & Shipbuilding
Hyundai Heavy's engine unit emerges as golden goose
Hyundai Heavy Industries Co., a South Korean shipbuilding giant, is seeing its marine engine business unit emerge as the company’s cash cow.Th...
May 02, 2022 (Gmt+09:00)
-
Electric vehicles
SK buys power semiconductor maker for EV chip business
SK Group, South Korea’s third-largest conglomerate, has geared up its electric vehicle chip business development with the acquisition of a loc...
Apr 27, 2022 (Gmt+09:00)
-
Artificial intelligence
LG Electronics establishes hiring-guaranteed AI department at Yonsei
LG Electronics Inc. is poised to set up a new department at Seoul-based Yonsei University to train aspiring artificial intelligence engineers. ...
Apr 26, 2022 (Gmt+09:00)
-
Mergers & Acquisitions
COVID test kit maker SD Biosensor buys Italian medical device firm
SD Biosensor Inc., South Korea’s top manufacturer of COVID-19 test kits, said on Friday that it has signed a deal to purchase a 100% stake i...
Apr 22, 2022 (Gmt+09:00)
-
Healthcare
LG Elec. targets North American digital healthcare market
South Korea’s LG Electronics Inc. has made inroads into the North American digital healthcare market with US telehealth company Amwell as the ...
Mar 21, 2022 (Gmt+09:00)
language -
Tech, Media & Telecom
LG Elec. to sell automotive wireless smartphone charging division
South Korea’s LG Electronics Inc. plans to drop its automotive wireless smartphone charging unit as the global home appliance giant exited fro...
Mar 20, 2022 (Gmt+09:00)
-
Industrial devices
Korea’s Point Mobile expands supply deal with Amazon to offline units
Point Mobile Co., South Korea’s top enterprise handheld devices maker, expanded a supply deal with Amazon.com Inc. to offline units of the wor...
Feb 08, 2022 (Gmt+09:00)
-
Earnings
LG Display turns to black in 2021 after three years
South Korea's LG Display Co. swung to an operating profit in 2021 after two consecutive years of shortfalls, led by a sharp rebound in LCD panel pri...
Jan 27, 2022 (Gmt+09:00)
-
Mergers & Acquisitions
Bain Capital seals 3rd beauty M&A deal in S.Korea
Bain Capital on Thursday agreed to buy a majority stake in South Korea's medical aesthetic device manufacturer Classys Inc. for 670 billion won ($56...
Jan 26, 2022 (Gmt+09:00)
-
Cryptocurrencies
Bank of Korea to test CBDC on Samsung devices, not on iPhone
The Bank of Korea (BOK) will launch real-life, offline tests for a central bank digital currency (CBDC) project on Samsung Electronics Co.'s Galaxy ...
Jan 25, 2022 (Gmt+09:00)
-
Private equity
Baillie Gifford, Allianz increase holdings in 3D tech firm Koh Young
Global asset managers are increasing shareholdings in Koh Young Technology Inc., Korea’s leading 3D image measurement tech firm listed ...
Jan 13, 2022 (Gmt+09:00)
-
Electric vehicles
Hyundai Motor closes engine development division
Hyundai Motor Group, South Korea’s top automaker, will stop developing new internal combustion engines in order to accelerate its transformati...
Dec 23, 2021 (Gmt+09:00)
language -
Corporate restructuring
Samsung launches merged set division as DX; robotics new growth driver
Samsung Electronics Co. has officially launched its new set division, which combines its mobile and consumer electronics businesses into a single un...
Dec 12, 2021 (Gmt+09:00)
-
Electronics
LG to expand medical equipment business with pain-relieving device
LG Electronics Inc. is expanding its business scope to the medical equipment sector with a plan to unveil a pain-relieving device in an effort to ga...
Nov 10, 2021 (Gmt+09:00)
language -
Electronics
LG Electronics brings gardening indoors with plant cultivator Tiiun
LG Electronics Inc. is bringing gardening indoors by unveiling a plant growing appliance, which allows consumers to grow flowers, vegetables and her...
Oct 14, 2021 (Gmt+09:00)
language -
Monthly trade infographics
Computers, a must-have in the contactless work-from-home era
Computers, a must-have in the contactless work-from-home era South Korea’s exports of computers and peripheral devices have logged steady gro...
Oct 14, 2021 (Gmt+09:00)
-
Healthcare
InBody to expand into household, blood pressure monitoring markets
South Korea’s InBody Co., the global market leader of body composition analyzer devices, will be making a strategic turn to focus on the fast-...
Oct 06, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
LG Chem unveils new cover window technology for foldable devices
LG Chem Ltd., the chemical unit of South Korea’s LG Group, said on Tuesday it has developed a new cover window that folds both ways – in...
Sep 07, 2021 (Gmt+09:00)
language -
Tech, Media & Telecom
Samsung to ramp up production capacity of foldable devices by 50%
Samsung Electronics Co. will expand the production capacity of foldable devices amid an unexpected global craze over its Galaxy Z Fold 3 and Z Flip ...
Aug 30, 2021 (Gmt+09:00)
language -
Pension funds
NPS to create private debt, secondaries-focused team
The National Pension Service (NPS) is planning to create a new investment team dedicated to private debt and secondaries deals and equity purchases ...
Aug 26, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung unveils industry’s first 5 nm processor for wearable devices
Samsung Electronics Co. has unveiled a new Exynos processor for wearable devices, built with an advanced 5-nanometer extreme ultra-violet (EUV) proc...
Aug 10, 2021 (Gmt+09:00)
-
Biotech
Korea’s new PCR kits, devices to speed COVID-19 detection
South Korea’s biotechnology companies are releasing polymerase chain reaction (PCR) kits and equipment to detect COVID-19 infections within an...
Jul 15, 2021 (Gmt+09:00)
language -
Automobiles
Hyundai Mobis unveils new grille technology for EVs
South Korea’s largest auto parts maker Hyundai Mobis announced on June 17 that it has developed a new grille technology that allows drivers to...
Jun 18, 2021 (Gmt+09:00)
language -
Korean chipmakers
Chip shortage hits Korea’s COVID-19 diagnostic device manufacturers
The global chip shortage is impacting South Korea’s COVID-19 test device makers. They are paying up to 10 times the normal price of semiconduc...
Jun 07, 2021 (Gmt+09:00)
-
Healthcare
National health insurance to cover dental startup AIOBIO’s QLF device
AIOBIO’s dental diagnostic devices will be covered by South Korea’s national health insurance from June 1. AIOBIO is the country’s...
May 31, 2021 (Gmt+09:00)
language
Latest News
- 1 Maybe Happy Ending: How a Seoul-made robot love story rewrote Broadway playbook
- 2 NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
- 3 Woori Financial wins approval for Tongyang, ABL Life acquisition
- 4 BMW surpasses Mercedes in Korean sales amid imported vehicle market shake-up
- 5 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs