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EntertainmentCJ ENM to provide K-content on free platforms Tubi, Roku
South Korean entertainment giant CJ ENM Co. is linking up with major free streaming services in North America to expand accessib...
Dec 13, 2022 (Gmt+09:00)
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Korean chipmakersSamsung’s foundry revenue exceeds mainstay NAND chip sales
Samsung Electronics Co., the world’s largest memory chipmaker, saw its foundry business revenue exceed that of its mainsta...
Dec 13, 2022 (Gmt+09:00)
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Shipping & ShipbuildingCurious completes second Samsung Heavy drillship sale
South Korean private equity firm Curious Partners has recently completed selling an undelivered drillship constructed by Samsung...
Dec 13, 2022 (Gmt+09:00)
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MarketsKorea Exchange, Uzbek Ministry of Finance sign agreement for cooperation
The Korea Exchange (KRX) has agreed to cooperate with the Ministry of Finance of Uzbekistan on the maintenance of the stock mark...
Dec 13, 2022 (Gmt+09:00)
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Artificial intelligenceKorean startup Mathpresso completes $59 mn Series C investment
Mathpresso, the company that operates the artificial intelligence (AI)-based learning platform Qanda, said on Tuesday that it ha...
Dec 13, 2022 (Gmt+09:00)
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WebtoonsNaver Webtoon, digital comics case for global MBA study
Naver Webtoon Ltd., the world’s top digital comics provider, is set to be a textbook case study for global students as a p...
Dec 13, 2022 (Gmt+09:00)
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AutomobilesHyundai Motor enters Israeli market for hydrogen-powered trucks
Hyundai Motor Co. is expanding in the Middle East through the debut in Israel of its hydrogen fuel cell truck line Xcient. The ...
Dec 13, 2022 (Gmt+09:00)
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Korean startupsS.Korea's startup Bunker Kids raises $1.5 million in Series A funding
South Korea's tech start-up Bunker Kids announced on Tuesday that it raised 2 billion won ($1.5 million) through Series A invest...
Dec 13, 2022 (Gmt+09:00)
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Electronics80% of Korea's data centers to use homegrown AI semiconductors by 2030
South Korea by 2030 will upgrade its level of domestic artificial intelligence (AI) semiconductors to the world's best by using ...
Dec 13, 2022 (Gmt+09:00)
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Mergers & AcquisitionsLX International wins conditional approval to acquire HanGlas
The Korean Fair Trade Commission said on Monday that it had conditionally approved LX International Corp.'s bid to acquire Hanku...
Dec 13, 2022 (Gmt+09:00)
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BatteriesHyundai Electric to supply ESS worth $160 mn to KEPCO's substation
Hyundai Electric, an electric systems spinoff from South Korean shipbuilding giant Hyundai Heavy Industries Co., said on Tuesday...
Dec 13, 2022 (Gmt+09:00)
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Bio & PharmaNeurophet acquires Singaporean certification for Alzheimer's diagnosis
South Korea's medical imaging device maker Neurophet said on Tuesday that its SCALE PET has obtained a medical device certificat...
Dec 13, 2022 (Gmt+09:00)
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Aerospace & DefenseHyundai Doosan Infracore to supply engines for K2 tanks bound for Poland
Hyundai Doosan Infracore Co., a South Korean construction equipment company, said on Tuesday it has signed a 180 billion won ($1...
Dec 13, 2022 (Gmt+09:00)
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EnergyLS Cable wins $306 mn worth of orders from UK
South Korea's LS Cable & System Ltd. on Monday said it will supply high voltage direct current (HVDC) cables for 400 billion...
Dec 13, 2022 (Gmt+09:00)
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IPOsBionote slashs IPO price to 9,000 won, 50% lower than previous valuation
Everybody is aware that investment fever on biotech firms has already cooled due to rising interest rates and concerns over the ...
Dec 13, 2022 (Gmt+09:00)
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AutomobilesHyundai Motor Group sells hydrogen fuel cell systems to German firm
Hyundai Motor Group will supply a large quantity of hydrogen fuel cell systems to an eco-friendly truck manufacturer in Europe...
Dec 13, 2022 (Gmt+09:00)
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BatteriesLG Energy-GM JV secures $2.5 bn loan from US for EV battery production
South Korean battery maker LG Energy Solution Ltd. said on Wednesday its joint venture with General Motors Co. has attracted $2....
Dec 13, 2022 (Gmt+09:00)
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BatteriesLotte Aluminum signs $795 mn contract for cathode foil raw materials
Lotte Aluminum, a manufacturer of cathode foils for secondary batteries in South Korea, announced on Monday that it has signed a...
Dec 13, 2022 (Gmt+09:00)
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Food & BeveragePulmuone to supply food ingredients to 18 US universities
Pulmuone USA, a US unit of South Korea's Pulmuone, said on Tuesday that it has entered into contractual relations with 18 US uni...
Dec 13, 2022 (Gmt+09:00)
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Bio & PharmaLG Chem confirms diabetes drug Zemidapa's efficacy in phase 3 trials
LG Chem Ltd. announced in a disclosure on Monday that it had confirmed superior efficacy in phase 3 clinical trials for the comb...
Dec 13, 2022 (Gmt+09:00)