E-7-4 visa
Scope
Date
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Korean games
Nexon becomes 1st Korean game publisher with over 4 trillion won in sales
Nexon Co., the parent of Nexon Games Co., became the first Korean game developer to achieve the 4 trillion won ($2.8 billion) sales milestone in 202...
Feb 13, 2025 (Gmt+09:00)
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Mergers & Acquisitions
MBK Partners, 2 Chinese firms vie for CJ Cheiljedang’s $4 bn bio business
North Asia-focused private equity firm MBK Partners and two leading Chinese biotechnology firms are vying for management control of CJ Cheiljedang C...
Feb 13, 2025 (Gmt+09:00)
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Corporate restructuring
SK Ecoplant seeks to sell waste treatment business for $1.4 billion
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, is seeking to dispose of its waste treatment b...
Feb 12, 2025 (Gmt+09:00)
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Korean stock market
Alternative stock exchange Nextrade to launch on March 4
Nextrade, South Korea’s first alternative stock exchange, enabling trading of stocks listed on the Kospi and the Kosdaq for 12 hours a day is ...
Feb 06, 2025 (Gmt+09:00)
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Automobiles
Hyundai, Kia enjoy record January US sales on eco-friendly cars
South Korea’s top automaker Hyundai Motor Co. and its affiliate Kia Corp. saw their US sales in January rise to record highs thanks to the gro...
Feb 03, 2025 (Gmt+09:00)
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Korean startups
Funding to Korean tech startups at 7-year low; seed funding soars
New funding to South Korean tech startups dropped to its lowest level in seven years in 2024. But seed funding soared 142% led by semiconductor, hea...
Feb 03, 2025 (Gmt+09:00)
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Korean chipmakers
Magnachip, up for sale again, contacts Samsung, LG, LX
South Korean chipmaker Magnachip Semiconductor Corp. is on the market again four years after the US blocked a takeover by a Chinese private equity f...
Feb 02, 2025 (Gmt+09:00)
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Economy
Korean exports snap 15 months of gains in Jan despite higher chip sales
South Korea’s exports dropped in January on-year for the first time in 16 months due to more holiday days in the month, although overseas sale...
Feb 02, 2025 (Gmt+09:00)
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Earnings
SK Hynix surpasses Samsung with record-high profit in Q4
SK Hynix Inc., the top supplier of high-bandwidth memory (HBM) chips to Nvidia Corp., on Thursday reported its highest-ever quarterly profit of 8.08...
Jan 23, 2025 (Gmt+09:00)
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Retail
Coupang Eats starts food delivery service in Japan
Coupang Eats, a food delivery app operated by South Korea's No. 1 e-commerce platform Coupang Inc., launched its first overseas service in Japan.Acc...
Jan 22, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Sales of K-Beauty surges in US e-commerce
The popularity of South Korean cosmetics in the US has increased, with sales of the products growing at four to five times the rate of the market ...
Jan 21, 2025 (Gmt+09:00)
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Robotics
Koh Young gets OK from FDA for brain surgery robot
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, said on Monday it got 501K...
Jan 21, 2025 (Gmt+09:00)
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Korean startups
Allsale, K-beauty's leading ambassador to the US
Allsale Corporation, a South Korean startup operating an influencer marketing platform, is in talks with investors to further support Korean cosmeti...
Jan 21, 2025 (Gmt+09:00)
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E-commerce
Coupang, Naver in dead heat for South Korea’s e-commerce market lead
Coupang Inc. and Naver Corp., South Korea's top two e-commerce players, are expected to further narrow the gap in their race for the market lead thi...
Jan 21, 2025 (Gmt+09:00)
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Mergers & Acquisitions
DIG Airgas, Air Products Korea: Two Korean megadeals in the offing
South Korea’s mergers and acquisitions market is gearing up for two megadeals involving specialty gas makers, worth 5 trillion won ($3.4 billi...
Jan 17, 2025 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics signs $1.4 bn CMO deal with European pharma
South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, said on Tuesday it signed a $1.4 billion contract manufacturing o...
Jan 14, 2025 (Gmt+09:00)
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Steel
South Korea’s steel imports from China at 7-year high
South Korea’s imports of steel products from China climbed to their highest level in seven years despite a decrease in its total steel imports...
Jan 13, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion
Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Air...
Jan 13, 2025 (Gmt+09:00)
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Batteries
LG Energy to supply batteries to US solar EV startup Aptera for 7 years
LG Energy Solution Ltd., the world’s third-largest battery maker, agreed to supply cylindrical products to Aptera Motors Corp., a US solar ele...
Jan 10, 2025 (Gmt+09:00)
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Economy
Political crisis ups downside risk to S.Korea’s economy: S&P, Moody’s
Global credit rating agencies are warning of looming downward pressure on South Korea’s sovereign credit rating about a month after Asia&rsquo...
Jan 10, 2025 (Gmt+09:00)
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Earnings
LG Energy logs 1st quarterly loss in over 3 years, outlook remains gloomy
LG Energy Solution Ltd. reported its first quarterly loss in more than three years on Thursday, adding to concerns that the world’s third-larg...
Jan 09, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor vows record investment of $16.7 bn in South Korea
Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...
Jan 09, 2025 (Gmt+09:00)
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Earnings
Samsung’s Q4 profit misses expectations; Stock rises
Samsung Electronics Co. flagged weaker-than-expected earnings for the last quarter of last year due to a fall in memory chip prices and soft demand ...
Jan 08, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha to more than double staff at US Philly Shipyard in 10 years
South Korea’s Hanwha Group is set to more than double its employees at Hanwha Philly Shipyard in the US over the next 10 years as the chemic...
Jan 07, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc, MBK-Young Poong alliance to fight over cumulative voting
The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has n...
Jan 06, 2025 (Gmt+09:00)
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Automobiles
Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025
Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell a combined 7.39 million units around the globe this year with greater focus on...
Jan 03, 2025 (Gmt+09:00)
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Real estate
Seoul office sales rebound for first time in 4 years in 2024
The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 bill...
Jan 03, 2025 (Gmt+09:00)
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E-commerce
Korea’s Shinsegae, China’s Alibaba to set up e-commerce joint venture
South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better co...
Dec 26, 2024 (Gmt+09:00)
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Business & Politics
South Korea mulls visa waiver for Chinese group tourists
South Korea is considering temporary visa exemptions for Chinese group tourists to boost the domestic tourism sector, after being spooked by the bot...
Dec 26, 2024 (Gmt+09:00)
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Electronics
Samsung Electronics brings AI heat pump EHS to US HVAC market
South Korean tech giant Samsung Electronics Co. is unveiling an AI-powered home heat pump system at the upcoming CES 2025 event as it strives to boo...
Dec 25, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand