business deals

Early stage startup funding has plummeted in South Korea as venture capitalists shifted to late-stage venture firms with stable business models amid...

PYEONGTAEK, Gyeonggi Province -- LG Electronics Inc., the leading global home appliance maker, aims to foster its smart factory business as a new gr...

Samsung Electronics Co., the world’s top mobile phone maker, will acquire Oxford Semantic Technologies, a British deep tech startup, to enhanc...

F&F Co., a South Korean clothing company, has secured exclusive rights to use the Discovery Channel brand across Asia to reinvent the documentar...

Bank of America Corp. (BofA) is quickly expanding its presence in the South Korean initial public offering market, where J.P. Morgan and Citigroup G...

South Korea is considering tripling the maximum amount of dollars the National Pension Service (NPS) can buy from the domestic foreign exchange mark...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has hired four investment firms – MBK Partne...

South Korea’s Hyundai Motor Co. is set to become the largest shareholder of a local hydrogen-powered-vehicle charging station operator to boos...

POSCO Holdings Inc. aims to raise its corporate value through an ambitious scheme that entails securing 2.6 trillion won ($1.9 billion) through rest...

Samsung Electronics Co., the world’s top memory chipmaker, said on Friday it has invested in US biotech startup Element Biosciences Inc. to ex...

Doosan Enerbility Co., a leading South Korean power plant engineering company, is handing over its entire 46% stake in machinery affiliate Doosan Bo...

South Korea's digital service company CJ OliveNetworks announced on Thursday that it secured a contract to operate IT services for Seegene Inc., a t...

South Korea's Lotte Home Shopping announced on Wednesday that its character Bellygom will enter the Taiwanese and Japanese content market,following ...

PharmaResearch Co., a South Korean company specializing in regenerative medicine, announced on Wednesday that it acquired TuringBio, an AI-based dig...

South Korea's SK Innovation Co. announced on Wednesday that it will host the “SK Innovation Global Forum” on July 13 in San Jose, Califo...

Hanwha Systems Co., a leading South Korean defense company, said on Tuesday it has clinched a $867 million deal to supply its advanced mobile multi-...

South Korea’s GS Entec Corp. is set to invest 300 billion won ($216.8 million) in facilities to manufacture wind power equipment as it shifts ...

LG Energy Solution Ltd., one of the world’s top three battery makers, on Monday posted a smaller quarterly profit, hurt by sluggish global ele...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is seeing little demand for a Seoul-based new prim...

South Korea’s No. 2 petrochemicals manufacturer Lotte Chemical Corp. is set to more than halve its basic chemicals business by 2030 in its por...

Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is set to provide batteries for energy storage systems (ESS) to NextEr...

South Korea’s Kyobo Life Insurance Group and Japan’s SBI Group have entered into a strategic business partnership agreement to expand th...

Mirae Asset Group is a pioneer in South Korea’s mutual fund industry. It launched the country’s first equity mutual fund in the wake of ...

Jollibee Foods Corp., the Philippines’ largest fast-food chain, is set to take over a majority stake in Compose Coffee Co., South Korea’...

South Korea’s top resort operator Sono International Co. has bought a stake in T'way Air Co., a local low-cost carrier (LCC), for 105.6 billio...

POSCO Group, South Korea’s No. 1 steelmaker, has set an ambitious goal of quadrupling its operating profits and doubling revenue by 2030 with ...

South Korea's AhnLab Inc. announced on Monday that it launched an integrated corporation named AhnLabCloudMate to oversee its cloud operation and ...

LG Energy Solution Ltd., the world’s second-largest battery maker, has clinched a multi-billion-dollar deal to supply LFP batteries for low-en...

UBS Group AG topped the South Korean mergers and acquisitions (M&A) league table in the second quarter as the global investment bank worked on m...

Hanwha Ocean Co., a shipbuilding unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, said on Monday it has won a combined 2....