GI Innovation out-licensing
Scope
Date
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Banking & Finance
KTB rebrands with name change as Daol Financial Group
Daol Financial Group of South Korea, formerly known as KTB Financial Group, announced on March 25 the change in the company's name. Daol, a Korean w...
Mar 27, 2022 (Gmt+09:00)
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Edtech startup Riiid joins Fast Company's list of most innovative firms
South Korea’s AI education startup Riiid has made it onto Fast Company's annual list of the World’s Most Innovative Companies. Since 20...
Mar 11, 2022 (Gmt+09:00)
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Korean biotech startup signs license deal with US firm
South Korea's biotech startup Novelty Nobility Inc. has signed a global license agreement for its antibody treatment candidate with a US biopharmace...
Feb 17, 2022 (Gmt+09:00)
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ETFs
The Korea Economic Daily's index set for ETF market debut
Exchange-traded funds (ETFs) have been solidifying their position in the investment market of Korea for the past years. Individual investors in Sout...
Feb 04, 2022 (Gmt+09:00)
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SK Innovation not looking at listing battery unit for now
South Korea’s SK Innovation Co. is not currently considering an initial public offering of its battery subsidiary, an executive said on Friday...
Jan 28, 2022 (Gmt+09:00)
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Batteries
LG Energy IPO fever lifts Korea’s battery stocks
LG Energy Solution Ltd., the world’s No. 2 battery maker, attracted a record $9.65 trillion demand for South Korea’s largest-ever initia...
Jan 13, 2022 (Gmt+09:00)
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Pharmaceuticals
ABL Bio in $1.06 bn deal with Sanofi for Parkinson's disease treatment
South Korea’s ABL Bio Inc. has signed a $1.06 billion contract to license out its technology for a Parkinson's disease treatment candidate t...
Jan 12, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy’s heir apparent to unveil future vision at CES 2022
Hyundai Heavy Industries Group’s heir apparent will introduce the future vision of the world’s largest shipbuilder at an upcoming US tra...
Dec 30, 2021 (Gmt+09:00)
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Alternative investments
IGIS acquires US multifamily property for $262 mn
IGIS Asset Management Co., South Korea’s largest real estate asset manager, has purchased a multifamily asset in Alexandria, Virginia, throu...
Dec 23, 2021 (Gmt+09:00)
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Bio
K-bio's out-licensing this year reaches $9.3 bn
Overseas technology transfers from South Korean biotechs and pharmaceutical manufacturers this year have exceeded 11 trillion won ($9.3 billion), al...
Nov 18, 2021 (Gmt+09:00)
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Private equity
AIIB commits $60 mn to STIC Asia Infra Innovation Fund
The Asian Infrastructure Investment Bank (AIIB) has committed $60 million to the STIC Asia Infrastructure Innovation Fund managed by South Korea&r...
Nov 12, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to debut IONIQ 7 concept in November LA auto show
Hyundai Motor Co. on Thursday revealed teaser images of SEVEN, an all-electric SUV concept that would be the IONIQ 7, its first large-size SUV under...
Nov 04, 2021 (Gmt+09:00)
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Batteries
Race heats up in solid-state battery development
Global automakers and battery producers are accelerating the development of a next-generation electric vehicle battery, called an all-solid-state ba...
Oct 28, 2021 (Gmt+09:00)
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Batteries
SK Innovation officially launches battery, E&P split-offs
South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...
Oct 01, 2021 (Gmt+09:00)
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Petrochemicals
SK becomes first Korean oil producer from plastic waste
SK Group has become South Korea's first company to extract oil from plastic waste and use the eco-friendly oil as a feedstock of oil refining and pe...
Oct 01, 2021 (Gmt+09:00)
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Korean startups
Korea property startup Kasa to launch exchange in Singapore
Kasa Korea Co., a property investment platform, is set to expand its services to help global users invest in real estate in the world by obtaining l...
Sep 28, 2021 (Gmt+09:00)
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Batteries
SK Innovation, Ford to invest $11.4 billion to build largest EV battery JV
SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in...
Sep 28, 2021 (Gmt+09:00)
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EV Batteries
SK Innovation to supply batteries to Hyundai IONIQ 7
SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...
Sep 22, 2021 (Gmt+09:00)
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Batteries
SK Innovation shareholders approve battery split-off; 2022 IPO unlikely
Shareholders of South Korea’s SK Innovation Co. on Thursday approved the company's plan to separate its battery business into a new entity.Und...
Sep 16, 2021 (Gmt+09:00)
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EV Batteries
NPS to veto SK Innovation’s battery unit split-off
South Korea’s pension fund is set to veto SK Innovation Co. 's plan to split off its battery unit as the move could undermine shareholder valu...
Sep 15, 2021 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea fines Google $180 mn for operating system market abuse
South Korea's Fair Trade Commission (FTC) on Tuesday imposed a fine of 207.4 billion won ($180 million) on Google, alongside a correction order, aft...
Sep 14, 2021 (Gmt+09:00)
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Batteries
EcoPro BM to reveal overseas production plans in mid-Oct
South Korea’s battery materials maker EcoPro BM Co. is set to unveil its plans for manufacturing in other countries including the United State...
Sep 10, 2021 (Gmt+09:00)
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Batteries
EcoPro BM’s magic to hit $9 bn jackpot after 10-year dark ages
South Korea’s battery materials maker EcoPro BM Co. won a near $9 billion order from SK Innovation Co., an unusually large contract for a medi...
Sep 10, 2021 (Gmt+09:00)
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Pharmaceuticals
Medytox’s US business outlook dim as contract with AbbVie ends
South Korea’s pharmaceutical company Medytox Inc. has ended a botulinum toxin-related technology transfer contract with AbbVie, clouding its b...
Sep 09, 2021 (Gmt+09:00)
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Petrochemicals
SK holds off indefinitely on petrochem unit stake sale
South Korea's SK Innovation Co. has put on hold indefinitely its plan to sell up to a 49% stake in SK Geocentric Co., formerly known as SK Global Ch...
Sep 08, 2021 (Gmt+09:00)
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EV Batteries
LG Energy Solution, SK Innovation raise global battery market shares
LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...
Sep 01, 2021 (Gmt+09:00)
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Electronics
Samsung, LG to showcase latest display innovations at IMID
South Korea’s largest display maker Samsung Display Co. and its rival LG Display Co. will boast their latest product innovations at the Intern...
Aug 24, 2021 (Gmt+09:00)
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Energy
POSCO International, Petronas to develop Malaysian offshore gas field
POSCO International Co., the trading unit of South Korean steelmaker POSCO Co., is set to develop an offshore gas field in Malaysia with the country...
Aug 10, 2021 (Gmt+09:00)
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Batteries
SK's battery unit split-off drives polarized responses
The share price of South Korea's SK Innovation Co. has extended losses following its confirmation on Tuesday of the battery business splif-off plan,...
Aug 06, 2021 (Gmt+09:00)
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Mergers & Acquisitions
F&F may pay $350 mn for TaylorMade without Korean sales license
South Korean outdoor clothing retailer F&F Co. may not be able to sell apparel of TaylorMade Golf Co. in the country even after a $350 million t...
Aug 05, 2021 (Gmt+09:00)
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