The American Chamber of Commerce
Scope
Date
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Korean startups
SeeDevice named Semiconductor Review’s Company of the Year
SILICON VALLEY -- SeeDevice Inc., a fabless image sensor developer famous for its quantum-effect CMOS (QMOS) sensors capable of expanding vision bey...
Oct 17, 2023 (Gmt+09:00)
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Batteries
LG Chem to supply cathode materials to Toyota's N.American plant
LG Chem Ltd. will supply cathode materials to Toyota Motor's North American battery plant, with the South Korean company concluding its second long-...
Oct 11, 2023 (Gmt+09:00)
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Retail
NHN Commerce to collaborate with China's Shanhai Digital
NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with ShanHai Digit...
Sep 25, 2023 (Gmt+09:00)
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Aerospace & Defense
SK Telecom to commercialize UAM with American partner
South Korea's SK Telecom Co. will launch domestic commercial operations in urban air mobility (UAM) with Joby Aviation, a Santa Cruz, California-b...
Sep 25, 2023 (Gmt+09:00)
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E-commerce
Live commerce app Grip aims to expand into Japan, US in 2024
Imagine you're using a shopping app. You talk to the seller, ask questions and receive answers in real-time on a livestream video. Now and then, the...
Sep 20, 2023 (Gmt+09:00)
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Banking & Finance
Samsung Galaxy to help locate lost credit cards
Samsung Electronics Co. signed a business agreement with KB Kookmin Card and American Express on Tuesday for the launch of an Internet-of-Things (Io...
Sep 19, 2023 (Gmt+09:00)
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Retail
NHN Commerce to expand into Chinese market with Xinxuan
NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with China's leadi...
Sep 18, 2023 (Gmt+09:00)
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Automobiles
POSCO Int'l to supply EV motor cores to Hyundai Motor Group
South Korea's POSCO International Corp. on Thursday said it signed a deal to supply 3.5 million traction motor cores for electric vehicles (EV) to H...
Sep 15, 2023 (Gmt+09:00)
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Food & Beverage
Paris Baguette to open nine new North American stores in Sept.
Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Wednesday that it plans to open nine new stores in North America this...
Sep 13, 2023 (Gmt+09:00)
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Artificial intelligence
Upstage to develop shopping-specific AI with ConnectWave
South Korea’s artificial intelligence (AI) startup Upstage on Monday said it will develop a shopping-specific AI service with domestic online ...
Sep 12, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's Laneige debuts in Mexican market
South Korean cosmetics giant Amorepacific Corp. announced on Monday that it is entering the Mexican beauty market with its globally popular skincare...
Sep 11, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion’s Vegzelma listed on prescription of 10 private US insurers
South Korea’s Celltrion Healthcare Co. announced on Wednesday that it has signed contracts with 10 insurance providers in the US to boost the ...
Aug 23, 2023 (Gmt+09:00)
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Fashion
Lululemon taps into Korea’s live commerce market
Lululemon Athletica Inc., dubbed the Chanel of yoga wear, is tapping into South Korea’s live commerce market, a move that industry watchers sa...
Aug 22, 2023 (Gmt+09:00)
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Corporate investment
CJ Foodville picks Arges PE as preferred negotiator to attract investment
Arges Private Equity has been chosen as the preferred negotiator for attracting investment in CJ Foodville, the food service subsidiary of South Kor...
Aug 22, 2023 (Gmt+09:00)
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Energy
Samsung C&T sells 150-MW solar power project in US
South Korea's Samsung C&T Corp. on Wednesday said its US-based green energy affiliate Samsung C&T Renewables sold a project for construction...
Aug 16, 2023 (Gmt+09:00)
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Travel & Leisure
Paradise City, Ctrip to jointly launch S.Korean travel packages
Paradise City, an integrated resort in Incheon, announced on Monday that it has partnered with China's largest online travel agency Ctrip to introdu...
Aug 14, 2023 (Gmt+09:00)
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Earnings
Coupang’s Q2 profit soars to a record, driven by e-commerce
Coupang Inc., South Korea’s leading delivery service provider, on Wednesday posted an all-time high quarterly profit and revenue, driven by it...
Aug 09, 2023 (Gmt+09:00)
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E-commerce
SSG.Com announces global first launch of Piaget's new watch
SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...
Aug 08, 2023 (Gmt+09:00)
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Advertising & Marketing
Virtual human Lucy to sell Galaxy Z in live commerce
Lotte Home Shopping's virtual human Lucy expands her activities by selling The Galaxy Z Flip 5 and "Z Fold 5" on live commerce, following her attend...
Aug 04, 2023 (Gmt+09:00)
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Earnings
Naver posts record Q2 operating profit on e-commerce, content
South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...
Aug 04, 2023 (Gmt+09:00)
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Artificial intelligence
Lotte's virtual human Lucy to debut in Thailand
South Korea's Lotte Home Shopping unveiled a plan on Wednesday to introduce its virtual influencer, Lucy, to Southeast Asia's burgeoning live commer...
Jul 26, 2023 (Gmt+09:00)
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Retail
Alibaba launches express ships to S.Korea as orders surge
Alibaba.com, China’s largest online marketplace, launched an express cargo ship service between South Korea and China this week to meet a surg...
Jul 20, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis enters US market for biosimilars of Humira
South Korea's biopharmaceutical company Samsung Bioepis, which was expected to struggle on the US market for biosimilars of Humira, the world's top-...
Jul 14, 2023 (Gmt+09:00)
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Business & Politics
American patent trolls target S.Korean companies
Over 80% of American companies that sued South Korean companies for patent infringement last year were non-practicing entities (NPE), or “pate...
Jul 13, 2023 (Gmt+09:00)
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Fashion
NHN Commerce acquires Italian luxury brands retailer Ikonic
NHN Commerce, South Korea's major online company NHN Corp.'s shopping platform, announced on Tuesday its acquisition of a 77.8% stake in Ikonic Srl,...
Jul 11, 2023 (Gmt+09:00)
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Advertising & Marketing
Kyungdong Navien opens Mexican corporation
South Korea's leading heating systems manufacturer Kyungdong Navien said on Monday that it has opened a new overseas corporation in Mexico, marking ...
Jul 03, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea's beauty platform Hwahae opens flagship store on TikTok
South Korea's mobile beauty platform Hwahae has opened a flagship store on TikTok (Chinese name Douyin). Hwahae's operator Birdview announced t...
Jun 30, 2023 (Gmt+09:00)
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Future mobility
SK Telecom invests $100 mn in American UAM developer
South Korea's SK Telecom.Co has invested $100 million (131.6 billion won) in Joby Aviation, a Santa Cruz, California-based developer of urban air ...
Jun 30, 2023 (Gmt+09:00)
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Regulations
3rd-gen. corporate succession in S.Korea slashes stake from 100% to 16%
South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...
Jun 22, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharm’s Cenobamate gets nod in Canada, to boost US sales
South Korea’s SK Biopharmaceuticals Co. has obtained the sales approval for its antiepileptic treatment Cenobamate in Canada, paving the way f...
Jun 15, 2023 (Gmt+09:00)
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