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ElectronicsSamsung controls 90% of foldable smartphone market
Samsung Electronics Co. is enjoying a dominant position in the foldable smartphone market, alongside the segment's explosive gro...
Mar 16, 2022 (Gmt+09:00)
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Corporate strategySamsung looks to metaverse, robots for future growth
South Korea's Samsung Electronics Co. is eyeing the metaverse and robotics as keys to the global tech giant’s future. At t...
Mar 16, 2022 (Gmt+09:00)
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Pension fundsGEPS posts 19.4% return from alternative investment in 2021
Government Employees Pension Service (GEPS) of South Korea posted a 8.61% rate of return in 2021, the pension fund announced on ...
Mar 16, 2022 (Gmt+09:00)
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AutomobilesHyundai to make IONIQ 5 in Indonesia, EV hub for ASEAN market
Hyundai Motor Co. has started mass producing its iconic all-electric crossover IONIQ 5 at its newly built plant in Indonesia, a ...
Mar 16, 2022 (Gmt+09:00)
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IPOsBiotech startup Voronoi withdraws IPO plans
South Korea’s biotechnology startup Voronoi Inc. scrapped its plan to go public this month. The new drug developer an...
Mar 16, 2022 (Gmt+09:00)
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Korean chipmakersSK Siltron to ramp up silicon wafer output from 2024
South Korean silicon wafer maker SK Siltron Co. on Wednesday announced a plan to spend 1 trillion won ($810 million) on its dome...
Mar 16, 2022 (Gmt+09:00)
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Korean startupsService robot maker Bear Robotics raises $81 mn in Series B
South Korea’s robotics startup Bear Robotics Inc. announced Wednesday it raised $81 million in Series B funding from ven...
Mar 16, 2022 (Gmt+09:00)
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Aerospace & DefenseHanwha invests another $11 mn in US communications firm Kymeta
Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 millio...
Mar 16, 2022 (Gmt+09:00)
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Alternative investmentsData centers in European core cities are promising, Principal head says
Critical data center hubs have emerged in European major cities with dramatic growth in data consumption, and the facilities are...
Mar 16, 2022 (Gmt+09:00)
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RetailKorea’s fashion OEM firms eye record sales
South Korea’s clothing original equipment manufacturers (OEM) are set to see a supercycle or a sustained period of expansi...
Mar 16, 2022 (Gmt+09:00)
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Aerospace & DefenseLIG Nex1, Eugene plan $80.5 mn fund for Korea defense startups
LIG Nex1 Co., South Korea’s major defense exporter, plans to set up a $80.5 million venture investment fund with Eugene In...
Mar 16, 2022 (Gmt+09:00)
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Mergers & AcquisitionsInnocean to wholly own US media agency Canvas with 49% stake buy
Innocean Worldwide Holdings Inc., a South Korean marketing company, will wholly own US media agency joint venture Canvas Worldwi...
Mar 16, 2022 (Gmt+09:00)