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Private equityCarlyle ends negotiations to buy Korean bakery chain
The Carlyle Group has terminated three-month talks with South Korea’s CJ Group to buy the country’s No. 2 bakery cha...
Mar 10, 2021 (Gmt+09:00)
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AutomobilesHyundai, Kia set to change gear to revive China sales
Hyundai Motor Co. and Kia Corp. posted their worst results in China last year since they advanced into that neighboring market i...
Mar 10, 2021 (Gmt+09:00)
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Korean chipmakersMemory chip shortage may drive SSD price hike in Q2
Chip shortages have hit the memory segment of the industry and are likely to have a price impact on solid-state drives (SSDs), s...
Mar 10, 2021 (Gmt+09:00)
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Overseas expansionRegulations drive Naver to seek growth abroad
South Korean platform giant Naver Corp. is seeking growth opportunities abroad to avoid regulatory constraints that hinder its o...
Mar 10, 2021 (Gmt+09:00)
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EnergyHyosung TNC’s Love Seoul made of recycled PET bottles
Hyosung TNC Corp., a South Korean textile and yarn maker, has unveiled garments made of eco-friendly polyester yarn extracted fr...
Mar 10, 2021 (Gmt+09:00)
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BatteriesLG Energy may build US, Europe plants to supply new batteries to Tesla
LG Energy Solution Ltd. may build an electric vehicle battery plant in the US to supply advanced battery cells to Tesla Inc. for...
Mar 10, 2021 (Gmt+09:00)
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Business & PoliticsNaver, E-Mart in share swap talks ahead of Coupang's US IPO
South Korea’s largest online platform Naver Corp. has tentatively agreed to swap its shares with E-Mart Inc., Shinsegae's ...
Mar 10, 2021 (Gmt+09:00)
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ElectronicsS.Korea’s top flexible PCB maker wins big in 5G and EVs
BH Co. is South Korea’s leading manufacturer of flexible printed circuit board (FPCB), an essential component of smartphon...
Mar 10, 2021 (Gmt+09:00)
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Asian contentKorea’s Minari, other Asian content sweep Hollywood
In the US and European film markets, where movies directed by Westerners or non-Asian filmmakers have long dominated the industr...
Mar 10, 2021 (Gmt+09:00)
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Korean startupsS.Korean startups' combined valuation tops $150 billion
South Korean startups' combined valuation has topped 170 trillion won ($150 billion), accounting for nearly half of the country'...
Mar 10, 2021 (Gmt+09:00)