ACE India Market Representative Big5 Group Active
Scope
Date
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Electronics
Samsung unveils 89-inch Micro LED display in China
Samsung Electronics Co. will launch its 89-inch Micro LED display in China for the first time at the "Appliance & Electronics World Expo 2023" (...
Apr 27, 2023 (Gmt+09:00)
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Food & Beverage
Dongwon Group drops bid to take over McDonald’s Korea
Dongwon Group has canceled its bid to take over McDonald's franchise in South Korea."We reviewed the takeover of McDonald's Korea but our conclusion...
Apr 27, 2023 (Gmt+09:00)
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Earnings
Samsung bets on H2 recovery with heavy spending after record chip losses
Samsung Electronics Co. on Thursday reported its worst quarterly loss for its semiconductor business, but echoed the widely held industry view that ...
Apr 27, 2023 (Gmt+09:00)
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Batteries
Kolon Industries to move into secondary battery recycling market
Kolon Industries Inc., a South Korean chemical and textile manufacturing company, is entering the secondary battery recycling market. The company an...
Apr 26, 2023 (Gmt+09:00)
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Earnings
SK Hynix expects second-half market recovery after record Q1 loss
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...
Apr 26, 2023 (Gmt+09:00)
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K-pop
BTS Forest created in Seoul by fans' donations
“BTS Forest” has been created in Seoul’s Nanji Hangang Park, South Korea’s largest music streaming service Melon announced o...
Apr 26, 2023 (Gmt+09:00)
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Bio & Pharma
CG Bio establishes US corporation to develop tissue products
South Korean bio-regenerative medical firm CG Bio has launched a new US corporation CG MedTech, to focus on the development and marketing of tissue ...
Apr 25, 2023 (Gmt+09:00)
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Earnings
Hyundai Motor to pay quarterly dividends with record Q1 profit
Hyundai Motor Co. on Tuesday reported its largest-ever quarterly profit, which soared a whopping 86.3% from a year earlier, while unveiling a plan t...
Apr 25, 2023 (Gmt+09:00)
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Earnings
S.Korea’s Woori Financial profit up on interest rate margins
Woori Financial Group, South Korea’s fourth-largest financial holding company, logged growth in a quarterly net profit as larger interest rate...
Apr 25, 2023 (Gmt+09:00)
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Retail
Korean E-Land unites fast fashion units for China biz growth
South Korea’s major retailer E-Land Group has consolidated one of its fast fashion brand's operations at home and in China to accelerate growt...
Apr 24, 2023 (Gmt+09:00)
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Logistics
Dongwon Group to establishe new corporation for auto parts logistics
South Korea's Dongwon Group announced on Monday that it will launch a new corporation called "Next Lo Co." on May 1 to strengthen the competitivenes...
Apr 24, 2023 (Gmt+09:00)
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Batteries
EcoPro sets sights on Europe with $286 million cathode plant in Hungary
South Korea’s EcoPro Co., a leading battery materials maker, has begun construction of a 380 billion won ($286 million) cathode plant in Hunga...
Apr 24, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai ties up with LG, SK for $5.3 bn US EV cell plants
Hyundai Motor Group, the leading South Korean automaker, has joined hands with LG Energy Solution Ltd. and its smaller rival SK On Co. to build elec...
Apr 21, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion Healthcare enters top 10 in hospital prescriptions in Turkey
South Korean biopharmaceutical company Celltrion Healthcare Co. on Thursday said it ranked in the top 10 out of 400 companies last year on the Turki...
Apr 21, 2023 (Gmt+09:00)
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Food & Beverage
Indonesia's Green Rebel enters S.Korean alternative meat market
Indonesia-based food tech startup, Green Rebel Foods, made public its official entry into the Korean plant-based protein food market. Bryan Toh, Glo...
Apr 20, 2023 (Gmt+09:00)
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Research & Development
POSCO Holdings opens new R&D center in Pohang
POSCO Holdings said on Thursday that it has opened a headquarters for POSCO N.EX.T Hub, which will lead the R&D efforts for the entire POSCO G...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
Sports tech startups poised to launch next Korean unicorn
UK Premier League Tottenham Hotspur star forward Son Heung-min and two-way US MLB icon Shohei Ohtani, a designated pitcher and hitter for the Los An...
Apr 20, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom, SNU Hospital to develop AI diagnosis tool for autism
South Korea's top mobile carrier SK Telecom Co. and Seoul National University Hospital have developed an AI-powered diagnosis tool for the early det...
Apr 20, 2023 (Gmt+09:00)
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Business & Politics
KCCI, Seoul Japan Club forms economic study group
South Korean and Japanese businesspeople form a study group to strengthen economic cooperation between the two countries.The Korea Chamber of Commer...
Apr 20, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix unveils industry’s slimmest 12-layer, 24 GB HBM3 chip
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Thursday it has developed the world’s first 12-layer DRAM product wi...
Apr 20, 2023 (Gmt+09:00)
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Obituary
K-pop group Astro's Moonbin found dead in his apartment
Moonbin, a member of K-pop group Astro, has died, South Korean police said on Thursday.According to the police and the music industry, his manager f...
Apr 20, 2023 (Gmt+09:00)
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Korean stock market
S.Korea’s hottest stock EcoPro may miss invitation from MSCI Korea in May
Cosmo Advanced Materials & Technology Co. and Hanwha Aerospace Co. are expected to join the MSCI Korea Index next month but South Korea’s ...
Apr 19, 2023 (Gmt+09:00)
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Steel
POSCO Group chairman presides over World Steel Association meeting
Choi Jeong-woo, Chairman of POSCO Group and the World Steel Association, attended the association's first half-regular meeting held in Vienna, Austr...
Apr 19, 2023 (Gmt+09:00)
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Advertising & Marketing
Innocean to cooperate domestic EV charging company for marketing
Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that it has signed a memorandum of understanding (MOU) with EV...
Apr 19, 2023 (Gmt+09:00)
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Robotics
Curexo, Kyocera to enter Japan’s artificial joint surgery robot market
South Korea's medical robot company Curexo partnered with Kyocera Corporation to enter the Japanese market for artificial joint surgery robots.Curex...
Apr 19, 2023 (Gmt+09:00)
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Korean stock market
China, India: Korean investors’ next stock investment targets
The US stock market has long been the prime investment destination for South Korean investors, lured by the dynamics of the global top economy.With ...
Apr 19, 2023 (Gmt+09:00)
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Batteries
Samsung SDI unveils super-gap battery tech aimed at Chinese market
South Korea's leading secondary battery maker Samsung SDI Co. is setting its sights on China's battery market with its super-gap solid-state battery...
Apr 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's data market is estimated at $19 bn last year
The size of South Korea's data industry market is expected to exceed 25 trillion won ($18.96 billion) last year.According to the results of a surv...
Apr 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom enters next-generation broadcasting platform market in US
South Korea's SK Telecom Co. said on Tuesday that it will sell a next-generation broadcast platform, utilizing mobile edge computing (MEC) technolog...
Apr 18, 2023 (Gmt+09:00)
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Electric vehicles
Samsung competes with Apple on rising non-terrestrial network market
The global market for non-terrestrial networks (NTN), or communications systems that use satellites to text and make phone calls even in places wher...
Apr 18, 2023 (Gmt+09:00)