fast growing game market
Scope
Date
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Aerospace & Defense
Hanwha completes Australia plant for howitzers, armored vehicles
South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...
Aug 23, 2024 (Gmt+09:00)
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Electronics
Samsung to offer 7 years of free Tizen OS upgrade for AI TVs
Samsung Electronics Co., the world’s top smart TV maker, plans to offer seven years of a free upgrade to its open-source smart TV operating sy...
Aug 23, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung tops S.Korean smartphone market with 76% share
In the second quarter of this year, the market share of Samsung Electronics Co. in the South Korean smartphone market slightly increased, whil...
Aug 22, 2024 (Gmt+09:00)
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Korean startups
Enormous market ahead for Hopae, S.Korean DID pioneer
To Hopae Inc., a digital identity solution-developing startup native to South Korea, its home market is small. After successfully accommodating more...
Aug 22, 2024 (Gmt+09:00)
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Corporate strategy
LG to seek most of profit from new growth engines
LG Electronics Inc., the leading global home appliance maker, aims to generate most of its profit from future growth drivers by 2030 as the South Ko...
Aug 21, 2024 (Gmt+09:00)
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Food & Beverage
Bibigo dumplings enters New Zealand food market
South Korea's CJ CheilJedang Corp. announced on Wednesday that it will launch Bibigo dumplings at supermarket chains New World and PAK’nSAVE i...
Aug 21, 2024 (Gmt+09:00)
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Corporate strategy
Stock-rich KCC's shareholdings exceed its market cap
KCC Corp., a paint and glass maker but better known as a white knight for South Korean conglomerates, holds more than 4 trillion won ($3 billion) wo...
Aug 21, 2024 (Gmt+09:00)
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Economy
Korea’s household debt hits record high on mortage loans
South Korea’s household debt hit a record high in the second quarter as the domestic housing market started to recover and more consumers rush...
Aug 20, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's Hera enters Thai market
South Korea's Amorepacific Corp. announced on Thursday that its premium color cosmetics brand Hera opened its first store on August 8 at Central Chi...
Aug 20, 2024 (Gmt+09:00)
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Korean games
Com2us BTS Cooking On surpasses 1 mn global downloads
South Korea's Com2uS Corp. announced on Monday that its new cooking simulation game, "BTS Cooking On: TinyTAN Restaurant," reached 1 million downloa...
Aug 19, 2024 (Gmt+09:00)
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Pension funds
CPPIB global private equity head Suyi Kim to leave
Suyi Kim, global private equity head at Canada Pension Plan Investments Board (CPPIB), is set to leave the world’s seventh-largest pension fun...
Aug 19, 2024 (Gmt+09:00)
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Electronics
LG Electronics' Indian unit logs highest first-half sales
LG Electronics Inc., the world’s largest home appliances maker, raked in more than 2 trillion won ($1.5 billion) in first-half sales in India ...
Aug 18, 2024 (Gmt+09:00)
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Banking & Finance
Samsung's financial arms beat No.1 banking group KB in profit
Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net profit, posing a thre...
Aug 16, 2024 (Gmt+09:00)
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Electronics
LG Elec hosts OLED TV media art exhibition in Vietnam
LG Electronics Inc. held a media art exhibition, "The Future Becomes Now," at the heart of Vietnam's bustling metropolis Lotte Mall Westlake Hanoi.A...
Aug 16, 2024 (Gmt+09:00)
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E-commerce
Alipay’s rise puts Korea on alert to private data breaches
South Korean fintech companies' customer data transfers to Alipay, a Chinese payment platform, are setting off private data breach alarm bells amid ...
Aug 14, 2024 (Gmt+09:00)
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Korean games
NCSOFT develops new game Doguri Adventure
South Korea’s major game developer and publisher NCSOFT Corp. has begun developing a casual game Doguri Adventure, featuring the character bra...
Aug 14, 2024 (Gmt+09:00)
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Banking & Finance
Samsung’s Monimo set to disrupt Korea’s financial app market
Samsung Group, South Korea’s most powerful business group, is poised to crack the country’s financial app market — now crowded wit...
Aug 14, 2024 (Gmt+09:00)
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Retail
7-Eleven ratchets up sports marketing to take on GS25, CU
7-Eleven, the third-largest convenience store chain in South Korea, is challenging its bigger rivals GS25 and CU, attracting customers with Hello Ki...
Aug 13, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to develop EREV powertrain for electric pickup, Santa Fe, GV70
South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a range extender, for pickup trucks and s...
Aug 13, 2024 (Gmt+09:00)
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Earnings
Food giant CJ CheilJedang's profits rise for 3rd straight quarter
South Korean food giant CJ CheilJedang Corp.'s quarterly operating profit increased for the third consecutive quarter, reversing a decline in the th...
Aug 13, 2024 (Gmt+09:00)
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Korean games
NCSOFT taps ex-Pearl Abyss US head to lead N.America unit
NCSOFT Corp., South Korea’s major gaming company, said on Monday it has appointed Jin Jeonghee, former head of the US operations of local riva...
Aug 12, 2024 (Gmt+09:00)
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Food & Beverage
Tous les Jours to enter Singapore market
CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of the bakery chain brand Tous les Jours, announced on Monday t...
Aug 12, 2024 (Gmt+09:00)
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Future mobility
Electrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...
Aug 09, 2024 (Gmt+09:00)
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Electronics
LG ramps up European HVAC marketing with new Therma V model
LG Electronics Inc., a leading South Korean home appliance maker, is strengthening efforts to enhance its presence in Europe’s heating, ventil...
Aug 08, 2024 (Gmt+09:00)
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Korean games
NCSOFT teams up with Vietnamese unicorn VGN to tap SE Asian market
South Korea’s gaming behemoth NCSOFT Corp. has set up a joint venture with Vietnamese tech unicorn VNG Corp. to tap into Southeast Asia starti...
Aug 08, 2024 (Gmt+09:00)
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Korean games
PUBG’s Krafton taps ex-Apple, Samsung execs for global business
South Korean gaming giant Krafton Inc. has hired former executives of not only global game developers but also tech leaders such as Apple Inc. and S...
Aug 07, 2024 (Gmt+09:00)
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Companies
Kakao Games reports sharp drop in Q2 operating profit
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., reported a sharp decline in second-quarter earnings on Wednesday d...
Aug 07, 2024 (Gmt+09:00)
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Korean stock market
South Korean stocks rebound but still on rollercoaster
South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...
Aug 06, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion's Zymfentra joins US insurance-covered drug lists
South Korean biosimilar maker Celltrion Inc. said on Monday that its subcutaneous injection formulation for autoimmune diseases, Zymfentra (inflixim...
Aug 06, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders in talks for $3.3 bn Qatar LNG tanker deals
South Korean shipbuilders are in talks with Qatari state companies for an estimated $3.3 billion in deals to manufacture additional liquefied natura...
Aug 05, 2024 (Gmt+09:00)