WICOP-LED
Scope
Date
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Leadership & Management
Samsung’s Lee cleared of charges over Samsung C&T merger
The Seoul Central District Court on Monday acquitted Samsung Electronics Co. Chairman Jay Y. Lee of charges of being involved in illegal activities ...
Feb 05, 2024 (Gmt+09:00)
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Travel & Leisure
MyRealTrip attracts $57 mn investment
South Korea's travel app MyRealTrip announced on Friday that it has attracted 75.6 billion won ($56.55 million) investment from domestic and foreign...
Jan 19, 2024 (Gmt+09:00)
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Corporate investment
SK Networks to accelerate AI-led, startup investments
SK Networks Co. will accelerate its transformation into an artificial intelligence-led investment company from a general trading firm, its President...
Dec 08, 2023 (Gmt+09:00)
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Executive reshuffles
Samsung names new smartphone, TV platform head
Samsung Electronics Co. has promoted Kim Yong-soo, vice president and former Google and Oracle software expert, to lead its smartphone and TV platfo...
Dec 05, 2023 (Gmt+09:00)
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Private equity
Supreme Court affirms Affinity, GIC's exit value on Kyobo Life
South Korea’s Supreme Court on Wednesday upheld the ruling that would allow the Affinity Equity Partners-led consortium, including Singapore&r...
Nov 29, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to launch small SAR satellite by year-end
South Korea's Hanwha Systems Co. announced on Wednesday that it plans to launch its own small synthetic aperture radar (SAR) satellite by the end of...
Nov 22, 2023 (Gmt+09:00)
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Alternative investments
Shinhan offers $77 mn debts in merger of Vistra, Tricor
South Korea's Shinhan Investment & Securities Co. said on Wednesday that it has led the merger of financial services firms Vistra and Tricor in ...
Nov 15, 2023 (Gmt+09:00)
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Central bank
BOK governor named chair of BIS financial system committee
Bank of Korea Governor Rhee Chang-yong has been appointed as the chairman of the Committee on the Global Financial System (CGFS) at the Bank for Int...
Nov 15, 2023 (Gmt+09:00)
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Economy
S.Korea industry production posts largest increase in 30 months
South Korea's Index of All Industry Production soared at its steepest pace in 30 months in August, driven by a resurgent semiconductor manufacturing...
Oct 04, 2023 (Gmt+09:00)
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Economy
Korea logs surplus in IP trade in H1 on surge of culture, art
South Korea posted a surplus in its intellectual property (IP) rights trade in the first half of this year, thanks to profits on culture, art and so...
Sep 22, 2023 (Gmt+09:00)
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Electronics
Seoul Semiconductor secures key EV LED patents
Seoul Semiconductor Co., the world’s No. 3 light-emitting diode (LED) maker, has secured key patents for LEDs to be used in electric vehicles ...
Sep 18, 2023 (Gmt+09:00)
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Electronics
LG Electronics rolls out 118-inch micro LED TV at US trade show
LG Electronics Inc. has launched a second massive micro LED TV for those wanting a premium cinema experience at home.The company on Monday said it u...
Sep 11, 2023 (Gmt+09:00)
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Pension funds
NPS logs 9.1% return in H1 2023; recovered from loss in 2022
National Pension Service (NPS) of South Korea achieved a 9.1% return on investment during the first half of this year, with assets under management ...
Aug 30, 2023 (Gmt+09:00)
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Corporate strategy
SK Group to pursue employee-led ‘deep change’
SK Group, South Korea’s second-largest conglomerate, has been dedicated to its “Deep Change” initiative since Group Chairman Chey ...
Aug 21, 2023 (Gmt+09:00)
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Electronics
LG Elec. showcases micro LED optimized for business spaces
South Korea’s LG Electronics Inc. said on Thursday that it has launched a micro light-emitting diode (LED) signage, LG MAGNIT All-in-One, to t...
Aug 10, 2023 (Gmt+09:00)
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Batteries
Indonesia vows support for LG-led $9.8 bn battery project
Indonesian Minister of Investment Bahlil Lahadalia on Thursday affirmed its government’s commitment to a $9.8 billion electric vehicle battery...
Aug 04, 2023 (Gmt+09:00)
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Automobiles
Kia America’s new normal: Record car sales month after month
Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyundai Motor Co., the c...
Aug 02, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea in June sets post-COVID-19 monthly high in foreign visitors
The (South) Korea Tourism Organization (KTO) on Friday said 961,000 foreign visitors came to the country last month, a 321.9% jump from June last ye...
Jul 28, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics launches 89-inch Micro LED TV
Samsung Electronics Co. announced on Sunday that it launched an 89-inch Micro LED TV model in the South Korean market. This product is Samsung's hig...
Jul 24, 2023 (Gmt+09:00)
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Korean startups
Ad-tech unicorn Moloco’s endeavor to unlock potential continues
SILICON VALLEY – Moloco Inc., a Silicon Valley-based ad-tech solution startup valued at more than $2 billion, is dreaming big to become a vers...
Jul 10, 2023 (Gmt+09:00)
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Logistics
S.Korea breaks into World Bank's global logistics top 20 list for 1st time
South Korea’s logistics performance has ranked 17th in the world, marking its first entry into the top 20 nations, as assessed by the World Ba...
Jun 26, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO-led consortium signs 47-yr Oman green hydrogen project
A consortium led by POSCO Holdings Inc. and Samsung Engineering Co. has signed a 47-year contract with Oman worth an estimated $7 billion-$8 billion...
Jun 22, 2023 (Gmt+09:00)
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Automobiles
Lotte Rental CEO becomes first owner of Kia EV9
The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...
Jun 21, 2023 (Gmt+09:00)
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Private equity
Affirma Capital’s Korean MD Thomas Shim promoted to partner
Global private equity firm Affirma Capital has promoted Seoul-based Managing Director Min Hyun (Thomas) Shim to partner, investment banking sources ...
Jun 20, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO-led consortium wins $6.7 bn green hydrogen deal from Oman
A consortium led by South Korean steelmaker POSCO Group won a $6.7 billion deal to build the world’s largest green hydrogen plant in Duqm, a p...
Jun 16, 2023 (Gmt+09:00)
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Electronics
Seoul Semiconductor beats Samsung Elec in LED market
Seoul Semiconductor Co., South Korea’s hidden tech champion, beat Samsung Electronics Co., a global electronics giant, in the world’s li...
Jun 16, 2023 (Gmt+09:00)
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Korean chipmakers
Market views turn bullish on Samsung as AI-led chip demand rises
Views on leading memory chipmaker Samsung Electronics Co. are becoming more bullish as the South Korean tech giant is expected to benefit from a ris...
Jun 15, 2023 (Gmt+09:00)
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Electronics
Samsung perfects the home theater with top-notch multichannel soundbar
Samsung Electronics Co. is not only the world’s biggest TV and memory chip maker but also the global No. 1 soundbar brand thanks to its top-no...
Jun 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops high-tech headlamp to prevent accidents at night
South Korea's automotive parts company Hyundai Mobis on Thursday announced its development of the HD Lighting System, a next-generation vehicle head...
May 25, 2023 (Gmt+09:00)
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Bio & Pharma
CrystalGenomics to sell largest 20% stake to Invites Healthcare for $44 mn
CrystalGenomics Inc., South Korea’s first-generation biopharma venture company, will sell new shares worth 58 billion won ($44 million) in a b...
May 23, 2023 (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