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Banking & FinanceKorea’s Woori Bank raises $550 mn in AT1 hybrid bond
South Korean major bank Woori Bank said on Thursday that it raised $550 million by issuing additional tier 1 (AT1) hybrid bonds ...
Jul 18, 2024 (Gmt+09:00)
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Artificial intelligenceLG to foster smart factory business as new B2B growth driver
PYEONGTAEK, Gyeonggi Province -- LG Electronics Inc., the leading global home appliance maker, aims to foster its smart factory ...
Jul 18, 2024 (Gmt+09:00)
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Korean chipmakersSamsung sets sights on next-generation memory CXL DRAM
South Korean tech giant Samsung Electronics Co. is setting its sights on next-generation memory technology, dubbed CXL, to lead ...
Jul 18, 2024 (Gmt+09:00)
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Leadership & ManagementHanwha Group to expand stock compensation to team chiefs
South Korea’s No. 7 conglomerate Hanwha Group will expand its restricted stock units (RSUs) to encourage employee interest...
Jul 18, 2024 (Gmt+09:00)
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RoboticsPOSCO DX to focus on AI-led intelligent factory systems
POSCO DX Co., an IT service arm of South Korea’s POSCO Group, will transform into an AI-enabled intelligent factory system...
Jul 18, 2024 (Gmt+09:00)
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Artificial intelligenceSamsung buys UK deep tech startup to boost AI business
Samsung Electronics Co., the world’s top mobile phone maker, will acquire Oxford Semantic Technologies, a British deep tec...
Jul 18, 2024 (Gmt+09:00)
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Banking & FinanceSamsung Asset publishes brokerage ISA guidebook
South Korea's Samsung Asset Management announced on Thursday that it newly published the KODEX Brokerage ISA Investment Guideboo...
Jul 18, 2024 (Gmt+09:00)
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CompaniesKumho Tire to sponsor Eintracht Frankfurt
South Korea's Kumho Tire Co. announced on Thursday that it signed a three-year strategic partnership agreement with Eintracht Fr...
Jul 18, 2024 (Gmt+09:00)
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Mergers & AcquisitionsTeamSparta acquires Weplanet
South Korea's coding education startup TeamSparta Inc. said on Thursday that it acquired the domestic software development firm ...
Jul 18, 2024 (Gmt+09:00)
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FashionF&F to expand Discovery clothing business across Asia
F&F Co., a South Korean clothing company, has secured exclusive rights to use the Discovery Channel brand across Asia to rei...
Jul 18, 2024 (Gmt+09:00)
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ElectronicsSlimming wars: Samsung aims to launch 7 mm foldable smartphone
When Samsung Electronics Co. unveiled its latest iteration of foldable smartphones – the Galaxy Z Flip6 and the Z Fold6 &n...
Jul 18, 2024 (Gmt+09:00)
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Food & BeverageBibigo releases 3D ad in New York Times Square
CJ CheilJedang Corp.'s Korean food brand Bibigo announced on Thursday that it launched a large-scale outdoor 3D advertisement fo...
Jul 18, 2024 (Gmt+09:00)
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Bio & PharmaGC Biopharma sells HK subsidiary to CR Pharm Group for $254 mn
South Korea’s GC Biopharma Corp. announced on Wednesday that it signed a share purchase agreement (SPA) to sell all its sh...
Jul 18, 2024 (Gmt+09:00)
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Tech, Media & TelecomKT introduces 10 GB Combo Internet
South Korea's KT Corp. announced on Wednesday that it introduced Combo Internet technology to its network, enabling the provisio...
Jul 18, 2024 (Gmt+09:00)