International Data Corporation
Scope
Date
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IPOs
Sono International seeks IPO in 2025 with $2.1 billion in corporate value
South Korea’s top resort operator Sono International Co. is seeking an initial public offering of its shares on the Korean market next year, r...
Dec 05, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Rebellions · Sapeon Korea merger, the first domestic AI chip unicorn
Rebellions Inc., a South Korean artificial intelligence chip design startup, officially merged with Sapeon Korea to form the first domestic AI chi...
Dec 02, 2024 (Gmt+09:00)
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E-commerce
China’s Alibaba acquires 5% of Ably in 1st equity investment in Korean firm
Chinese online shopping giant Alibaba Group Holding Ltd. has invested 100 billion won ($71.4 million) in South Korea’s top women’s cloth...
Dec 02, 2024 (Gmt+09:00)
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Corporate governance
LG Group affiliates unveil value-up plans
LG Group affiliates— LG Display Co., LG Innotek, LG Chem Ltd., and LG Energy Solution Ltd. —unveiled their ambitious growth strategies o...
Nov 22, 2024 (Gmt+09:00)
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K-pop
Former ADOR CEO Min unfollows NewJeans' SNS
Min Hee-jin, the former CEO of ADOR, HYBE Co. 's label behind the K-pop girl group NewJeans, announced her resignation as the label's internal direc...
Nov 21, 2024 (Gmt+09:00)
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Energy
S.Korean firms bet big on US LNG market under new Trump gov't
South Korean energy and shipbuilding companies are gearing up for a swift advance into the US liquefied natural gas (LNG) market, which is expected ...
Nov 20, 2024 (Gmt+09:00)
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Corporate bonds
Korea Inc. rushes to booming local corporate bond market
South Korean companies are rushing to raise money in the local corporate bond market, which is unusually buoyant at year's end amid expectations of ...
Nov 18, 2024 (Gmt+09:00)
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Bio & Pharma
GC establishes generative AI platform Hey GC
South Korea's Green Cross Holdings Corp. (GC) said on Tuesday it established its generative AI standard platform Hey.GC.Hey.GC is designed to improv...
Nov 12, 2024 (Gmt+09:00)
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Bio & Pharma
Huonslab strengthens HyDIFFUZE IP with completion of US, EU examination request under PCT application
South Korea’s Huonslab Co., a subsidiary of Huons Global Co. and a global leader in recombinant human hyaluronidase-based biologics Sub-Q deli...
Nov 12, 2024 (Gmt+09:00)
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Leadership & Management
SK to nurture 10,000 AI talent, introduce Board 2.0 to enhance governance
SK Group, South Korea’s second-largest conglomerate, said on Monday it plans to nurture 10,000 artificial intelligence professionals over the ...
Nov 11, 2024 (Gmt+09:00)
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Machinery
HD Hyundai Infracore wins diesel engine award in Italy
South Korea's HD Hyundai Infracore Co.'s new diesel engines were selected as the best diesel engines of the year in Italy.This marks the first time ...
Nov 11, 2024 (Gmt+09:00)
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Retail
GS Retail selects six startups to innovate retail biz
South Korea's GS Retail said on Friday it selected six startups—Studio Lab, Tilda, Oasis Business, YesPlzAI, Vessl AI, and Raondata—th...
Nov 08, 2024 (Gmt+09:00)
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Electronics
LG unveils AI-powered commercial washers, dryers in renewed B2B push
South Korean home appliances giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business (B2B) marke...
Nov 07, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MBK’s Korea Zinc bid aimed at corporate governance, shareholder value
MBK Partners’ takeover bid for Korea Zinc Inc. aims to improve corporate governance and shareholder value at the world’s largest lead an...
Nov 05, 2024 (Gmt+09:00)
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Korean startups
Mediaiplus aims to be the Amazon of clinical trials
Mediaiplus Inc., South Korea’s only provider of data analytics and contract research organization (CRO) matching services for clinical trials,...
Nov 01, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus publishes white paper on 6G services
South Korea's LG Uplus Corp. said on Wednesday the release of its "6G White Paper: Non-Terrestrial Networks," which explores the future direction of...
Oct 23, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea's Hana Card, KFCC launch first PLCC
South Korea's Hana Card said on Tuesday it launched the first private label credit card (PLCC) product, the "MG+ Credit Card Primo Hana Card" of the...
Oct 22, 2024 (Gmt+09:00)
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Energy
POSCO International eyes M&A in US natural gas market
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...
Oct 21, 2024 (Gmt+09:00)
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Companies
POSCO International wins top award at 2024 Korea IR Awards
South Korea's POSCO International Corp. won the top prize at the 2024 Korea IR Awards, organized by the Korea Investor Relations Service (KIRS), the...
Oct 18, 2024 (Gmt+09:00)
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Construction
HD Hyundai to show unmanned construction equipment tech
South Korea's HD Hyundai XiteSolution said on Thursday that it plans to hold a demo show with remote control (RC) models of construction equipment...
Oct 17, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Elec to advance in-cabin sensing solution
LG Electronics Inc. said on Monday it's advancing its in-cabin sensing solution which detects and analyzes the interior of vehicles to prevent acc...
Oct 14, 2024 (Gmt+09:00)
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Tech, Media & Telecom
KT, KT SAT, Nara Space to launch satellite data biz
South Korea's KT Corp. said on Monday it will pursue a joint project utilizing satellite data with KT SAT and Nara Space Technology Inc.The plan is ...
Oct 14, 2024 (Gmt+09:00)
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Leadership & Management
Corporate management disputes spring up in S.Korea
An unprecedentedly high number of South Korean corporations have become targets of unwanted hostile takeover attempts or have been embroiled in mana...
Oct 14, 2024 (Gmt+09:00)
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Airlines
Air Incheon obtains IATA membership
South Korea's cargo airline Air Incheon said on Friday that it received full membership from the International Air Transport Association (IATA) last...
Oct 11, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS gets Google Cloud GenAI certification
South Korea's LG CNS said on Thursday that it obtained Google Cloud's Generative AI (GenAI)Service Specialization certification.It's the first Asian...
Oct 10, 2024 (Gmt+09:00)
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Travel & Leisure
Yanolja Cloud Solution relocates headquarters to India
South Korea’s top travel and accommodation booking platform operator Yanolja Co. said on Tuesday that it relocated its global solution subsidi...
Oct 08, 2024 (Gmt+09:00)
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Cryptocurrencies
Growing dollar-backed stablecoin trades may destabilize Korean economy
Trading in dollar-backed stablecoins, cryptocurrencies pegged to the US currency, in South Korea hit a record high amid complex and costly currency ...
Oct 08, 2024 (Gmt+09:00)
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Business & Politics
S.Korea’s reshoring companies pale amid lack of support, incentives
Reshoring, or a corporate U-turn to the home country from an overseas location, has been the global trend since the outbreak of the COVID-19 pandemi...
Oct 06, 2024 (Gmt+09:00)
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Automobiles
Genesis sponsors Busan International Film Festival
Hyundai Motor Co.'s premium brand Genesis said on Friday that it will continue its sponsorship of the 29th Busan International Film Festival (BIFF),...
Oct 04, 2024 (Gmt+09:00)
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Regulations
FTC fines Kakao Mobility $55 mn for alleged unfair taxi-hailing service
South Korea’s antitrust body has fined Kakao Mobility Corp., the country’s largest taxi-hailing app operator, 72.4 billion won ($54.9 mi...
Oct 02, 2024 (Gmt+09:00)
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