us investment
Scope
Date
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Korean startups
Korea's No. 1 fitness app Planfit eyes bigger market beyond home in 2025
A new year has arrived, and with it come the New Year’s resolutions. However, if you are one of those who feel you've already failed to keep y...
Jan 09, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor vows record investment of $16.7 bn in South Korea
Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...
Jan 09, 2025 (Gmt+09:00)
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Economy
Foreign direct investments in Korea hit record $34.57 billion in 2024
Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Minis...
Jan 07, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha to more than double staff at US Philly Shipyard in 10 years
South Korea’s Hanwha Group is set to more than double its employees at Hanwha Philly Shipyard in the US over the next 10 years as the chemic...
Jan 07, 2025 (Gmt+09:00)
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Corporate investment
Mirae Asset invests $200 mn in LS Group affiliate in US
South Korea's Mirae Asset Global Investments said on Sunday it invested $200 million in Essex Solutions, a US magnet wire manufacturing affiliate un...
Jan 06, 2025 (Gmt+09:00)
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Korean startups
Hyundai Motor to introduce 10 startups in robotics, AI at CES 2025
Hyundai Motor Group, which has been promoting open innovation through generous investment in startups with promising technologies, will lead 10 cher...
Jan 06, 2025 (Gmt+09:00)
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Korean Investors
Former LG man leaves KKR to start PEF
Lim Hyoung-seok, former Vice President of KKR Korea, left the private equity giant’s Seoul office and established his private equity fund (PEF...
Jan 06, 2025 (Gmt+09:00)
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Mergers & Acquisitions
KL & Partners buys cosmetics brand Manyo Factory for $130 mn
KL & Partners, a South Korean private equity firm, has agreed to buy Kosdaq-listed cosmetics company Manyo Factory Co., which has been building ...
Jan 06, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics beat Chanel, Lancôme to rank top in US, Japan
South Korea’s cosmetics products, also known as K-beauty, have gained global renown, overtaking French brands such as Chanel and Lancôme...
Jan 05, 2025 (Gmt+09:00)
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Energy
Hanwha to exit from polysilicon business in US
Hanwha Solutions Corp., the energy unit of South Korea’s chemicals-to-financial conglomerate Hanwha Group, will likely withdraw from the polys...
Jan 03, 2025 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia EVs qualify for US subsidies for first time
Five electric vehicle models from Hyundai Motor Group, encompassing Kia Corp., were included in the 25 EV models qualifying for US tax credits in 20...
Jan 02, 2025 (Gmt+09:00)
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Food & Beverage
SPC to establish bakery plant in Texas
South Korea's SPC Group, the operator of the bakery franchise Paris Baguette said on Thursday it plans to build a plant in the City of Burleson, Joh...
Jan 02, 2025 (Gmt+09:00)
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Foreign exchange
Global investment banks see Korean won staying weak in 2025
The South Korean won is forecast to hover in the mid-1,400s level against the dollar through the third quarter of 2025, according to global investme...
Dec 31, 2024 (Gmt+09:00)
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Petrochemicals
Lotte Chemical’s JV to boost specialty chemicals output
Lotte Chemical Corp.'s joint venture with Japan’s Tokuyama Corp. will ramp up specialty chemicals production to accelerate its shift from...
Dec 27, 2024 (Gmt+09:00)
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Batteries
HD Hyundai Infracore to invest $79.6 mn in engine, battery pack
South Korea's HD Hyundai Infracore Co. said on Monday it signed a memorandum of understanding (MOU) with North Jeolla Special Self-Governing Provinc...
Dec 26, 2024 (Gmt+09:00)
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Electronics
Samsung Electronics brings AI heat pump EHS to US HVAC market
South Korean tech giant Samsung Electronics Co. is unveiling an AI-powered home heat pump system at the upcoming CES 2025 event as it strives to boo...
Dec 25, 2024 (Gmt+09:00)
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Retail
E-Land manages New Balance’s record $689 mn in Korean sales
South Korea’s retail giant E-Land Group has achieved 1 trillion won ($689 million) in Korean sales of the global sports footwear and apparel b...
Dec 23, 2024 (Gmt+09:00)
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Business & Politics
Korea’s Shinsegae chairman dines with Trump at Mar-a-Lago
Chung Yong-jin, the chairman of South Korea’s retail giant Shinsegae Group, held talks with US President-elect Donald Trump, becoming Korea's ...
Dec 22, 2024 (Gmt+09:00)
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Business & Politics
US finalizes $4.7 bn chip subsidy for Samsung before Trump takes office
WASHINGTON – The US finalized a $4.7 billion government subsidy for Samsung Electronics Co.'s planned microchip facilities in Texas about a mo...
Dec 22, 2024 (Gmt+09:00)
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Energy
LG Energy wins 7.5GWh ESS project from Excelsior Energy in US
LG Energy Solution Ltd. has landed a deal with US renewable energy infrastructure fund Excelsior Energy Capital (Excelsior) to supply a 7.5-gigawatt...
Dec 20, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha completes acquisition $100 mn Philly Shipyard
South Korean chemicals-to-defense conglomerate Hanwha Group completed the acquisition of Philly Shipyard on Friday.The size of the deal was $100 mil...
Dec 20, 2024 (Gmt+09:00)
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Electronics
SK Hynix to receives $958 mn subsidy from US
SK Hynix Inc. secured a combined subsidy of $458 million in grants and $500 million in loans, a total of $958 million from the US Department of Comm...
Dec 20, 2024 (Gmt+09:00)
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Energy
KEPCO expects all-time high $207 mn in 2024 overseas investment returns
Korea Electric Power Corp. (KEPCO), the state-run utility company, expects to post its highest-ever overseas business performance this year, thanks ...
Dec 20, 2024 (Gmt+09:00)
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Korean food
Daesang launches kimchi brand with three-Michelin-star chef
South Korean leading food maker Daesang Corp., the operator of kimchi brand Jongga, said on Thursday it launched San Ho Won with three-Michelin-star...
Dec 19, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion obtains approval of Steqeyma from FDA
South Korea's Celltrion Inc. said on Wednesday it received new drug submission (NDS) approval from the Food and Drug Administration (FDA) for Steq...
Dec 18, 2024 (Gmt+09:00)
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Pension funds
NPS to invest record $1.4 billion in Korean property market in 2025
South Korea’s National Pension Service (NPS) plans to invest 2 trillion won ($1.4 billion) in the domestic real estate market next year to gai...
Dec 18, 2024 (Gmt+09:00)
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Food & Beverage
Samyang Foods to establish overseas plant in China
South Korea's Samyang Foods Co. said on Monday it will build its first overseas plant in China. The company plans to invest 64.7 billion won ($...
Dec 17, 2024 (Gmt+09:00)
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Korean startups
CLO Virtual Fashion raises $35 mn
South Korea's 3D digital fashion solution startup CLO Virtual Fashion said on Monday it raised 50 billion won ($35 million).Atinum Investment Co. an...
Dec 16, 2024 (Gmt+09:00)
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Markets
Celltrion to allot cash, stock dividend at once
South Korea’s biosimilar maker Celltrion Inc. on Friday announced a plan to allot cash and stock dividends simultaneously. The company wi...
Dec 13, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom invests $3 mn in AI-powered video analysis startup Twelve Labs
South Korea’s top mobile carrier SK Telecom Co. said on Friday it will invest $3 million in Twelve Labs Inc., a Korean AI-powered video analys...
Dec 13, 2024 (Gmt+09:00)
Latest News
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