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Private equityKorea's NPS, KTCU likely to invest in CVC's ninth buyout fund
South Korea’s key institutional investors are highly likely to invest via European private equity giant CVC Capital Partne...
Feb 20, 2023 (Gmt+09:00)
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Korean chipmakersSamsung ‘demanding customer’ for ASML as orders rise
VELDHOVEN, Netherlands – South Korea’s Samsung Electronics Co. is a “demanding customer” for the Netherl...
Feb 20, 2023 (Gmt+09:00)
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EnergyHanwha expects high-stakes US solar projects to pay off
South Korea’s chemicals-to-construction conglomerate Hanwha Group expects its high-stakes solar energy business to pay off...
Feb 20, 2023 (Gmt+09:00)
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Korean stock marketStock inflows to Korea slow on weak currency, valuation
A weaker South Korean currency and worries about valuation have deterred foreign investors’ appetite for local shares, cas...
Feb 20, 2023 (Gmt+09:00)
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Korean startupsBlind revamps job matching service to rival LinkedIn
Teamblind Inc., the developer of South Korea’s homegrown anonymous professional community app Blind, will reach out to a b...
Feb 20, 2023 (Gmt+09:00)
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AutomobilesLexus, Volvo: Koreans' top picks among foreign brands in after-sales service
Lexus, the premium brand of Japanese carmaker Toyota Corp., offers the best after-sales service among imported cars in South Kor...
Feb 20, 2023 (Gmt+09:00)
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Culture & TrendsKorea's Musicow to lead fractional IP ownership globally
Musicow Inc., South Korea’s first music copyright trading platform, is set to gain momentum as fractional ownership in cop...
Feb 20, 2023 (Gmt+09:00)
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Mobile networksNetwork usage fees likely to take center of debate at MWC2023
Major participants in the mobile world congress (MWC) 2023 such as Google Inc. and Netflix Inc. are expected to discuss telecomm...
Feb 20, 2023 (Gmt+09:00)
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Mergers & AcquisitionsHYBE not to raise tender offer price for SM Entertainment
HYBE Co., the label behind the world’s top boyband BTS, said it does not plan to raise its buying price for SM Entertainme...
Feb 20, 2023 (Gmt+09:00)
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Bio & PharmaKorea United Pharm signs contract to supply medicines to Saudi Arabia
Korea United Pharm. Inc. announced on Monday that it signed a contract to supply nine types of medicines, including 11 anticance...
Feb 20, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG Uplus, Ecorbit to build smart safety solution at waste disposal site
LG Uplus Corp., a South Korean mobile telecom service carrier, announced on Monday that it is deploying a smart safety solution ...
Feb 20, 2023 (Gmt+09:00)
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RoboticsSK Telecom launches AI robot kit for monitoring fire, gas leaks
South Korea's SK Telecom Co. has released an "AI robot kit" that can be attached to a robot to monitor fire and gas leaks. The k...
Feb 20, 2023 (Gmt+09:00)
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Chemical IndustrySK Enmove joins GRC's ElectroSafe Fluid Partner Program
South Korea's SK Enmove Co. said on Monday it will participate in the ElectroSafe Fluid Partner Program run by US-based speciali...
Feb 20, 2023 (Gmt+09:00)
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Aerospace & DefenseKia participates in IDEX 2023, largest defense exhibition in MENA
On Monday, Kia Corp. announced its participation in IDEX 2023, a defense industry trade show being held at the National Exhibiti...
Feb 20, 2023 (Gmt+09:00)
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Korean foodKoreans’ voracious appetite for pork belly extends to Canadian pork market
As South Korea prepares for Samgyeopsal Day, or Pork Belly Day, on March 3, the country has further upped pork imports from Cana...
Feb 20, 2023 (Gmt+09:00)
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Bio & PharmaBrazil approves Celltrion Pharm’s syringe facility
Celltrion Pharm Inc., a South Korean biopharmaceutical company, said on Monday it received certification from Brazil’s hea...
Feb 20, 2023 (Gmt+09:00)
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ElectronicsLG Elec wins best eco-friendly washing machine title in US
Consumer Reports, a prominent consumer magazine in the US, has named LG Electronics Inc.'s washing machines as the "best eco-fri...
Feb 20, 2023 (Gmt+09:00)
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ElectronicsLG Electronics unveils new OLED TV at Frieze LA
LG Electronics Inc. said on Sunday that it would launch its 2023 model LG OLED Evo TV globally next month, after showcasing it a...
Feb 20, 2023 (Gmt+09:00)
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AirlinesEU launches antitrust probe on Korean Air-Asiana deal
The European antitrust regulator opened a full-scale probe on the proposed takeover of Asiana Airlines Inc. by Korean Air Lines ...
Feb 20, 2023 (Gmt+09:00)
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Tech, Media & TelecomPOSCO ICT to be rebranded as POSCO DX for digital transformation
POSCO ICT Co., the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Sunday that it will rebra...
Feb 20, 2023 (Gmt+09:00)
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Food & BeverageFried chicken chain bhc opens first US store in LA
South Korea’s No. 2 fried chicken brand bhc Group on Monday said it opened its first store in North America on Friday at t...
Feb 20, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG Electronics expedites global B2B push with signage displays
LG Electronics Inc., South Korea’s electronics giant, is betting big on digital signage displays as part of its global B2B...
Feb 20, 2023 (Gmt+09:00)
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Future mobilityLG Uplus to participate in Drone Show Korea
On Sunday, South Korean mobile telecom carrier LG Uplus Corp. announced that it would host a joint exhibition hall with Kakao Mo...
Feb 20, 2023 (Gmt+09:00)
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AutomobilesHyundai's IONIQ 5 named best EV in Germany, Canada
Hyundai Motor Co. on Sunday said its crossover electric vehicle (EV) sport-utility vehicle (SUV) IONIQ 5 was named the 2023 Cana...
Feb 20, 2023 (Gmt+09:00)
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Aerospace & DefenseThree provincial airports in S.Korea offer direct flights to Mongolia
South Korea is expanding its number of flight connections with Mongolia.The Ministry of Land, Infrastructure and Transport on Su...
Feb 20, 2023 (Gmt+09:00)
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Shipping & ShipbuildingAvikus unveils self-sailing leisure vessel tech NeuBoat at US ship event
Avikus, an autonomous ship navigation affiliate of South Korea's shipbuilding, heavy equipment, machine and petroleum giant HD H...
Feb 20, 2023 (Gmt+09:00)