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Electronics
LG Group chair visits India ahead of LG Electronics Indian IPO
LG Group Chairman Koo Kwang-mo visited LG Electronics Inc.'s factory and research center in India in late February as it plans to list its Indian ar...
Mar 04, 2025 (Gmt+09:00)
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Sovereign wealth funds
S.Korea’s sovereign fund KIC logs 8.5% return in 2024
The Korea Investment Corporation (KIC) reported an annual return of 8.49% last year thanks to steady gains from equity investments led by the AI tec...
Feb 28, 2025 (Gmt+09:00)
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Electronics
LG Electronics hits record sales in India, paving way for 2025 IPO
LG Electronics Inc. posted its largest-ever sales in India in 2024, providing a boost to the planned initial public offering of its Indian unit this...
Feb 25, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor sets up AI research arm CoMo China
Hyundai Motor Co. in December established CoMo China in Shanghai to spearhead artificial intelligence research and development in its push for softw...
Feb 24, 2025 (Gmt+09:00)
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Electronics
LG Electronics deepens ties with US startup Apex.AI
LG Electronics Inc. has invested in Apex.AI, a US-based startup developing safety-certified software designed to accelerate the transition of softwa...
Feb 21, 2025 (Gmt+09:00)
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Electronics
LG renames premium built-in appliance brand; Moody’s outlook up
LG Electronics Inc., South Korea’s top appliance maker, has rebranded its 10-year-old premium built-in kitchen appliance business to double do...
Feb 20, 2025 (Gmt+09:00)
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Artificial intelligence
AI data center with up to 3 gigawatts of power envisioned for South Korea
An investor group is planning one of the world’s largest data centers for artificial intelligence in South Korea, a sign of red-hot AI de...
Feb 20, 2025 (Gmt+09:00)
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Electronics
LG Innotek ventures into automotive AP module market
LG Innotek Co., a major South Korean electronics parts developer, has forayed into the automotive application processor (AP) module market, poised f...
Feb 19, 2025 (Gmt+09:00)
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Corporate bonds
LG companies flock to debt, equity markets to raise $2.8 billion
Companies under South Korea’s fourth-largest conglomerate LG Group scrambled to sell shares and bonds to raise 4 trillion won ($2.8 billion) e...
Feb 14, 2025 (Gmt+09:00)
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Leadership & Management
Mirae Asset prepares bitcoin covered call ETF launch: chairman
Mirae Asset Financial Group is preparing to launch a bitcoin covered call exchange traded fund (ETF) for global investors to foray into the cryptocu...
Feb 11, 2025 (Gmt+09:00)
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Tech, Media & Telecom
Microsoft CEO Nadella seeks AI alliance with Hyundai, POSCO, Shinhan, KT
Microsoft Corp. Chairman and Chief Executive Satya Nadella is seeking to forge an artificial intelligence alliance with major South Korean companies...
Feb 11, 2025 (Gmt+09:00)
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IPOs
South Korean IPO market headed into winter after pitiful LG CNS debut
Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...
Feb 11, 2025 (Gmt+09:00)
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Mergers & Acquisitions
LG Chem embarks on sale of dermal filler business worth $343 million
LG Chem Ltd., the world’s fourth-largest chemicals producer that is fostering vaccine and new drug development as new growth drivers, has kick...
Feb 09, 2025 (Gmt+09:00)
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Earnings
Naver founder to return as board chair; 2024 earnings solid
Lee Hae-jin, the founder of South Korea’s No. 1 internet portal operator Naver Corp., is set to return to the company to lead the board amid t...
Feb 07, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korean beauty giants Amorepacific, LG H&H come back from China woes
South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business p...
Feb 06, 2025 (Gmt+09:00)
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Artificial intelligence
LG, SNU team up to develop AI modeling for protein structure predictions
LG AI Research Institute, the artificial intelligence think-tank of LG Group, South Korea’s fourth-biggest conglomerate, on Thursday signed a ...
Feb 06, 2025 (Gmt+09:00)
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Artificial intelligence
OpenAI, SoftBank tap Samsung for Stargate AI initiative
Samsung Electronics Co. Chairman Lee Jae-yong discussed potential collaboration on the Stargate AI initiative with OpenAI co-founder and CEO Sam Alt...
Feb 04, 2025 (Gmt+09:00)
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Artificial intelligence
Kakao set to announce AI partnership with OpenAI
Kakao Corp., South Korea’s dominant mobile platform, is expected to unveil a business partnership with OpenAI to incorporate the technology of...
Feb 03, 2025 (Gmt+09:00)
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Energy
Hanwha, LG join hands to take on Tesla with solar energy package
LG and Hanwha groups will join forces to develop and sell solar energy devices as a package to challenge Tesla Inc., the leader in the solar energy ...
Feb 03, 2025 (Gmt+09:00)
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Korean chipmakers
Magnachip, up for sale again, contacts Samsung, LG, LX
South Korean chipmaker Magnachip Semiconductor Corp. is on the market again four years after the US blocked a takeover by a Chinese private equity f...
Feb 02, 2025 (Gmt+09:00)
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Korean startups
AI agent Gentoo poised to revolutionize online shopping
South Korean artificial intelligence startup Waddle Corp. is gearing up to reshape the online retail industry with artificial intelligence-powered i...
Jan 24, 2025 (Gmt+09:00)
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Robotics
LG Electronics secures control of Bear Robotics
LG Electronics Inc. has secured control of Bear Robotics Inc., a service robot developer, by raising its stake to 51% from 21% as it aims to expand ...
Jan 24, 2025 (Gmt+09:00)
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Petrochemicals
HS Hyosung Advanced Materials seeks to sell tire steel cord business
South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures ...
Jan 23, 2025 (Gmt+09:00)
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Electronics
Samsung Electronics' new Galaxy S25 smartphone: 'Perfect AI assistant'
SAN JOSE, Calif. – Last year, Samsung Electronics Co. scored a first-mover advantage with consumers by introducing the Galaxy S24 as an AI sma...
Jan 23, 2025 (Gmt+09:00)
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Debt financing
Korean bonds heavily oversubscribed in January boom
South Korea’s debt market got off to a strong start this year, as several blue chip companies made a bold return to the bond market for new is...
Jan 22, 2025 (Gmt+09:00)
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Business & Politics
Samsung, LG consider moving electronics plants to US from Mexico
South Korea’s leading electronics companies such as Samsung and LG are considering moving their plants in Mexico to the US to respond to Presi...
Jan 21, 2025 (Gmt+09:00)
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Robotics
LG CNS, Bear Robotics to co-develop autonomous robots
LG CNS Co., a South Korean information technology service company, said on Monday it signed a memorandum of understanding (MOU) with Bear Robotics...
Jan 20, 2025 (Gmt+09:00)
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Electronics
LG Display unveils industry’s brightest OLED panel for AI TVs
LG Display Co., the world’s top organic light-emitting diode (OLED) panel maker, on Thursday unveiled a fourth-generation screen optimized for...
Jan 16, 2025 (Gmt+09:00)
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Robotics
Lotte Duty Free unveils robot bartender in Gimpo Int'l Airport
South Korea's Lotte Duty Free said on Thursday it placed its AI-based robot bartenders in Gimpo International Airport.Lotte Duty Free offers robot...
Jan 16, 2025 (Gmt+09:00)
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IPOs
LG CNS set to price February IPO at top of price band
LG CNS Co., an information technology service company, is set to price its initial public offering at the top of its proposed price range to raise 1...
Jan 15, 2025 (Gmt+09:00)
Latest News
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