Kakao Games Corp.
Scope
Date
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Mergers & Acquisitions
MBK signs $2 bn deal to acquire 3D dental scanner firm Medit
Asia-focused private equity firm MBK Partners is acquiring Medit Corp., the world’s third-largest 3D dental scanner maker, for 2.45 trillion w...
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
Samsung Electronics unveils 43-inch gaming monitor Odyssey Neo G7
Samsung Electronics Co. on Tuesday said it will release in Korea the Odyssey Neo G7, its new 43-inch large-screen gaming monitor.The monitor sp...
Dec 27, 2022 (Gmt+09:00)
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ESG
Netmarble joins UNGC to strengthen ESG management
Netmarble Corp. said on Monday that it has joined the United Nations Global Compact (UNGC) to strengthen its environmental, social, and governance (...
Dec 26, 2022 (Gmt+09:00)
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Korean games
Kakao Games to launch Eversoul with 1.3 mn pre-orders
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., said on Dec. 23 it will launch the global service of mobile role-p...
Dec 23, 2022 (Gmt+09:00)
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Aerospace & Defense
KAI to develop Korea's first mine-sweeper helicopter
Korea Aerospace Industries Ltd. (KAI) is poised to start R&D on a minesweeper helicopter that specializes in removing underwater mines.The compa...
Dec 23, 2022 (Gmt+09:00)
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Webtoons
Dating My Best Friend’s Sister becomes webtoon in Korea
Dating My Best Friend’s Sister, a famous romance fiction by USA Today Bestselling author Violet Paige serialized on Radish, the web novel plat...
Dec 22, 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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Electronics
Samsung unveils gaming experience zone at Selfridges London
Samsung Electronics Co., the world's largest chipmaker and a global electronics giant, announced on Sunday it will open a gaming simulator experience ...
Dec 19, 2022 (Gmt+09:00)
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Electronics
Samsung Electronics to enhance Minute Maid Park digitally
Samsung Electronics Co. has been selected as an official partner for display solutions at Minute Maid Park, the home stadium of the 2022 Major Leagu...
Dec 16, 2022 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to debut university-specific metaverse platforms early next year
South Korea's mobile telecom operator LG Uplus said on Thursday that it would introduce a specialized metaverse platform for which all universities ...
Dec 15, 2022 (Gmt+09:00)
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Travel & Leisure
S.Korea's golf course market doubles in value over 10 years
The value of South Korea's market golf course market now equals 98.5% of Japan's.The Korea Leisure Industry Institute (KLII) on Thursday released a ...
Dec 15, 2022 (Gmt+09:00)
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Artificial intelligence
Kakao's AI filter reduces profanity in online news comments
South Korean tech giant Kakao Corp. has reduced swearing and negative comments about news on its online portals such as Daum and Kakao View by using...
Dec 14, 2022 (Gmt+09:00)
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Electronics
LG Electronics to launch two OLED gaming monitor models in US
South Korea's electronics giant LG Electronics Co. announced on Monday that starting on the same day it would release the world's first OLED gaming ...
Dec 12, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Kakao unveils measures to prevent recurrence of service disruptions
South Korea’s Kakao Corp. has unveiled a series of measures to prevent a recurrence of service disruptions after the mobile platform giant cam...
Dec 08, 2022 (Gmt+09:00)
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IPOs
Naver affiliate Line Games seeks $756 million IPO in Korea
Line Games Corp., an affiliate of South Korea’s internet giant Naver Corp., plans to list its shares on the Korean stock market via an initial...
Dec 07, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Macquarie bids for transportation card operator Loca Mobility
Macquarie Asset Management participated in a bid on Dec. 6 to acquire Loca Mobility Corp., Lotte Card Co.’s subsidiary and the second-largest ...
Dec 07, 2022 (Gmt+09:00)
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Artificial intelligence
Kakao Brain to unveil AI chest X-ray diagnosis service next year
Come next year, Kakao Brain, the artificial intelligence arm Kakao Corp., is slated to unveil an AI system that can write the first draft diagnosis ...
Dec 06, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Kakao Pay seeks to acquire Loca Mobility up for sale by MBK Partners
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., is seeking to acquire Loca Mobility Corp...
Dec 02, 2022 (Gmt+09:00)
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Korean stock market
HYBE and Kakao Games to be released from mandatory escrow this month
The Korea Securities Depository said on Wednesday that 225.5 million shares of a total of 58 listed stocks registered as mandatory escrow will be li...
Dec 01, 2022 (Gmt+09:00)
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Korean chipmakers
Biden hails SK Siltron’s investment in Michigan as 'game changer'
BAY CITY, Michigan – For the first time since taking office, United States President Joe Biden toured a US subsidiary of South Korean conglome...
Nov 30, 2022 (Gmt+09:00)
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Artificial intelligence
Gaming firm NCSOFT wins S.Korea’s largest AI R&D competition
South Korean game developer NCSOFT Corp. announced on Friday that it won first place at this year’s Artificial Intelligence Grand Challenge, h...
Nov 25, 2022 (Gmt+09:00)
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Korean startups
Fintech co. Awake Corp. provides financial management tool to creators
South Korean fintech startup Awake Corporation won the hearts and wallets of judges at the D.Day X D.Camp event on Thursday, garnering 20 million wo...
Nov 25, 2022 (Gmt+09:00)
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Corporate investment
Korea Zinc exchanges treasury shares with LG Chem, Hanwha Corp.
Korea Zinc Co. will exchange part of its treasury shares with those of LG Chem Ltd. and Hanwha Corp. in a move seen to strengthen the secondary batt...
Nov 24, 2022 (Gmt+09:00)
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Korean startups
Medical data platform operator JNPMEDI raises $10 mn in Series A funding
Medical data platform operator JNPMEDI Inc. announced on Tuesday that it raised 14 billion won ($10.3 million) in a Series A round. Pavilion Ca...
Nov 22, 2022 (Gmt+09:00)
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Korean games
NCSOFT unveils trailer of new shooting game LLL
NCSOFT Corp. on Monday unveiled the gameplay trailer for LLL, its new shooting game for PCs and consoles to be released worldwide in 2024, for the f...
Nov 14, 2022 (Gmt+09:00)
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Shareholder activism
KT&G enlists Goldman Sachs to cope with shareholder activism
KT&G Corp., the world’s fifth-largest tobacco maker, appointed Goldman Sachs as an advisor to improve corporate governance after a Singapo...
Nov 14, 2022 (Gmt+09:00)
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Korean games
Game design and development studio SHIFT UP eyes IPO
SHIFT UP Corp., known for its subculture games, is eyeing an initial public offering (IPO.) The game design and development studio confirmed th...
Nov 14, 2022 (Gmt+09:00)
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Korean games
NCSOFT invests $15 million in blockchain company Mysten Labs
NCSOFT Corp., which announced early this year plans to install non-fungible token (NFT) technology in the global version of its online role-playing ...
Nov 09, 2022 (Gmt+09:00)
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Electronics
Samsung, LG gear up for launch of 8K gaming monitors
Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are bracing for the impending arrival of a next-generati...
Nov 07, 2022 (Gmt+09:00)