Apple’s Fitness
Scope
Date
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Energy
Shares in oil refiners hit by windfall tax concerns
Two listed oil refining companies in South Korea saw a combined 1.6 trillion won ($1.2 billion) wiped off their market cap on Wednesday, after the m...
Jun 22, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to boost chip substrate investment after Apple order
Samsung Electro-Mechanics Co. will expand its manufacturing facilities for high-performance package substrates in both South Korea and Vietnam, afte...
Jun 22, 2022 (Gmt+09:00)
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Electronics
LG takes Paris Baguette into the future with transparent OLED screens
PANGYO, Gyeonggi Province – In Steven Spielberg’s 2002 sci-fi film Minority Report, Tom Cruise gets all the information he needs through...
Jun 22, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korea ushers in new space era with rocket launch success
GOHEUNG, South Korea -- South Korea opened a new space era as it succeeded in the launch of a homegrown space rocket carrying payloads to become the...
Jun 21, 2022 (Gmt+09:00)
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Entertainment
Korea’s adult audio platform eyes Japan for global biz
South Korea’s adult audio content platform for women raised money to make inroads into Japan as a start of its global business.Sensual Moment ...
Jun 21, 2022 (Gmt+09:00)
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Korean stock market
Foreign ownership of S.Korean stocks at 13-year low
Foreign investors’ stockholdings in South Korea have plunged to their lowest level in nearly 13 years, dealing a heavy blow to the domestic st...
Jun 21, 2022 (Gmt+09:00)
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Automobiles
Hyundai's woes: Too many cars rolling out of Korean plants
The eight-day South Korean truck drivers’ strike that ended last week has laid bare one long-standing but often ignored problem at the country...
Jun 21, 2022 (Gmt+09:00)
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Aerospace & Defense
Axiom Space invites Koreans to $500 million space hotel fundraising
Axiom Space Inc., which is developing the world’s first commercial space station, is seeking to raise $500 million from South Korean investors...
Jun 20, 2022 (Gmt+09:00)
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Electric vehicles
Kia Sportage speeds up Hyundai’s eco-friendly push
Kia Corp.'s Sportage plug-in hybrid electric vehicle (PHEV) was recently recognized as the best model in the segment by two influential German auto ...
Jun 19, 2022 (Gmt+09:00)
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Venture capital
Temasek VC unit CEO sees recent downturn as investment opportunity
Vertex Venture Holdings, a venture capital unit of Singapore state investor Temasek Holdings, expects the recent global downturn to offer investment...
Jun 19, 2022 (Gmt+09:00)
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Food & Beverage
Ottogi launches vegan tuna on rising demand for plant-based alternatives
Veganism is one of the hottest buzzwords in the food and beverage industry this year. F&B juggernauts are racing to win the hearts and tast...
Jun 17, 2022 (Gmt+09:00)
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Korean startups
Why India’s top talent chose S.Korea for launch of edutech startup
TagHive Inc. is an education technology startup building a bridge between South Korea and India. The company’s founder and CEO Pankaj Aga...
Jun 17, 2022 (Gmt+09:00)
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Entertainment
TVing partners with Paramount Plus to challenge Netflix in Korea
South Korea's over-the-top streaming platform TVing Co. has partnered with global content provider Paramount Plus to challenge top OTT player Netfli...
Jun 17, 2022 (Gmt+09:00)
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Central bank
BOK may take big-step rate hike on Fed's aggressive tightening
South Korea’s central bank may raise interest rates more than usual to rein in inflation in Asia’s fourth-largest economy after the US F...
Jun 16, 2022 (Gmt+09:00)
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Korean games
Netmarble to officially launch Seven Knights Revolution on July 28
Netmarble Corp. is poised to officially launch its latest game Seven Knights Revolution on July 28 in South Korea. The South Korean mobile game...
Jun 16, 2022 (Gmt+09:00)
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Automobiles
LG Uplus’ Uplus Drive to be installed in Lexus New Generation NX series
The in-vehicle infotainment (IVI) system by LG Uplus will be equipped in the new line of vehicles by Toyota Motor Corp. and its luxury division Lexu...
Jun 16, 2022 (Gmt+09:00)
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Healthcare
Elon Musk’s mother Maye named Ceragem's global ambassador
Maye Musk, the mother of Tesla Inc. CEO Elon Musk, has been named the global ambassador for South Korea’s Ceragem Co., a manufacturer of therm...
Jun 15, 2022 (Gmt+09:00)
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Electronics
LG Display to raise $1 billion to ramp up OLED module line in Vietnam
LG Display Co., a major South Korean display panel maker, said on Wednesday it is raising $1 billion in new funding from global banks to expand its ...
Jun 15, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Voice Caddie, Daol PE acquire US golf grip brand SuperStroke
Voice Caddie, a South Korean maker of golf course rangefinders and related golf products, and Daol Private Equity are jointly acquiring SuperStroke,...
Jun 15, 2022 (Gmt+09:00)
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Perspectives
Korea’s new central bank head could be a game changer
Rhee Chang-yong has made a big splash in less than two months as the Bank of Korea governor and I’m not the least bit surprised. Over the l...
Jun 15, 2022 (Gmt+09:00)
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Supply chain
Chemical makers to halt plants as truck driver strike deepens
South Korea’s petrochemical companies are set to halt operations as the work stoppage by unionized truck drivers stretched into an eighth day ...
Jun 14, 2022 (Gmt+09:00)
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IPOs
LB Investment submits preliminary IPO assessment request to KRX
LB Investment has submitted a preliminary assessment request to the Korea Stock Exchange, the first step to an initial public offering. It chose Mir...
Jun 14, 2022 (Gmt+09:00)
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Behind the Scenes
SK Group’s 'financial story' running out of steam?
South Korean private equity firms that plan to inject a total of 1.2 trillion won ($1 billion) into SK Ecoplant Co. are having a hard time raising t...
Jun 14, 2022 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis’ SB12 shows same clinical effects as Alexion’s Soliris
Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, said its SB12, a proposed biosimilar to Alexion Pharmaceuticals Inc.’s rare bl...
Jun 14, 2022 (Gmt+09:00)
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Batteries
LG Energy to invest $451 mn in mass production of Tesla’s 4680 battery cells
LG Energy Solution Ltd. announced Monday it will invest 580 billion won ($451 million) to manufacture battery cells for Austin-based Tesla, Inc.The ...
Jun 13, 2022 (Gmt+09:00)
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Blockchain
South Korean tech juggernauts turn their characters into NFTs
South Korea’s tech behemoths are turning the companies’ characters into non-fungible tokens (NFTs) with the aim of creating an intellect...
Jun 13, 2022 (Gmt+09:00)
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North Korea
North Korea missile tests drawing tougher response from US, South Korea
SEOUL—The U.S. and South Korea are responding to North Korea’s unprecedented number of missile tests this year with a greater show of ...
Jun 13, 2022 (Gmt+09:00)
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Private debt
Korean LPs join Antares Capital’s $3.5 bn credit fund
A few key institutional investors in South Korea are set to commit up to $300 million to a $3.5 billion private credit fund by US private debt man...
Jun 10, 2022 (Gmt+09:00)
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Supply chain
S.Korean trucker strike enters 3rd day, targets Samsung’s supply chain
South Korea’s unionized truckers, on day three of a large-scale strike, have moved to disrupt the supply of materials needed to manufacture se...
Jun 09, 2022 (Gmt+09:00)
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Mergers & Acquisitions
McDonald’s to sell Korea operation, heating up burger M&As
McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...
Jun 09, 2022 (Gmt+09:00)
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Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore