Japan Mobility Show 2023
Scope
Date
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IPOs
LS Materials embarks on IPO process to go public in 2023
Global top ultracapacitor player LS Materials Co. is expected to go public in South Korea this year, which would mark the first LS Group company IPO...
Jul 18, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Aekyung Industrial's sales on Amazon jump 58% in H1 2023
South Korea's Aekyung Industrial announced on Tuesday that its sales on the US e-commerce platform Amazon in the first half of this year increased...
Jul 18, 2023 (Gmt+09:00)
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Mergers & Acquisitions
The Swing buys van-hailing service Tada for $19 mn
South Korea's personal mobility platform company The Swing Co. has acquired the management rights of the van-hailing service Tada.Negotiations betwe...
Jul 18, 2023 (Gmt+09:00)
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K-pop
K-Pop music album exports hit record high in H1 2023
South Korea's K-pop music album exports achieved a new all-time record in the first half of this year, with shipments to the US rising to second p...
Jul 18, 2023 (Gmt+09:00)
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Bio & Pharma
GI Innovation seeks to license allergy therapy to Japan in 2023
South Korea’s GI Innovation Inc. aims to complete licensing of its allergic diseases treatment candidate to a Japanese drug company by year's ...
Jul 17, 2023 (Gmt+09:00)
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ESG
SK’s Tmap enhances ESG efforts by navigating lowest-carbon routes
South Korea’s leading mobility platform Tmap Mobility Co. has stepped up its environmental, social and governance (ESG) efforts via its naviga...
Jul 17, 2023 (Gmt+09:00)
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Automobiles
S.Korea’s car exports hit H1 record high on brisk EV sales
South Korea’s automobile export value in the first six months of this year hit the highest-ever $35.7 billion for a half-year period, mainly d...
Jul 17, 2023 (Gmt+09:00)
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Airlines
S.Korea-Japan flights outpace Gimpo-Jeju in H1 2023
As Japan eased its border restrictions at the end of last year, the number of passengers on routes between South Korea and Japan in the first half o...
Jul 17, 2023 (Gmt+09:00)
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Advertising & Marketing
Tottenham forward Son’s new role: Samsung Galaxy brand ambassador
Tottenham Hotspur forward Son Heung-min has a new job in his home country, South Korea: brand ambassador for Samsung Electronics Co.'s Galaxy smartp...
Jul 14, 2023 (Gmt+09:00)
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Future mobility
Samsung to participate in Germany's IAA Mobility in September
Samsung Electronics Co.'s Device Solutions (DS) division and Samsung Display Co. will participate in the future mobility show "IAA Mobility," which ...
Jul 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KakaoPay launches discount promotion in Japan
South Korea’s Kakao Pay Corp. announced on Friday that it has prepared a large-scale discount promotion in collaboration with PayPay, the top ...
Jul 14, 2023 (Gmt+09:00)
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Cloud computing
Naver supports startups using HyperCLOVA X
Naver Cloud, the cloud computing arm of Naver Corp., announced that it conducts the project "Naver AI Rush 2023" from Friday until the end of the ...
Jul 14, 2023 (Gmt+09:00)
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Sovereign wealth funds
KIC up 8.3% in net value of stocks, debts in H1 2023
Korea Investment Corporation (KIC) saw the net value of its traditional assets rise 8.25% in the first half of this year, backed by the strong perfo...
Jul 14, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis enters US market for biosimilars of Humira
South Korea's biopharmaceutical company Samsung Bioepis, which was expected to struggle on the US market for biosimilars of Humira, the world's top-...
Jul 14, 2023 (Gmt+09:00)
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Food & Beverage
Michael Jordan's Steakhouse to open in S.Korea
Mohegan Inspire entertainment resort, which plans to be built near Incheon International Airport, will feature a restaurant and bar named after "His...
Jul 13, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix in next-generation HBM chip supremacy war
Samsung Electronics Co. and SK Hynix Inc. – the world’s two largest memory chipmakers – have fiercely competed to advance their ch...
Jul 10, 2023 (Gmt+09:00)
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Steel
Hyundai Steel to open carbon-neutral steel lab by 2023
Hyundai Steel Co., a unit under South Korean auto giant Hyundai Motor Group, is set to kick off research on hydrogen-based steelmaking as its new la...
Jul 10, 2023 (Gmt+09:00)
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Automobiles
Hyundai Transys wins Red Dot Design Award
South Korean auto powertrain and seat maker Hyundai Transys announced on Monday that it has won the Winner prize at the "2023 Red Dot Design Award."...
Jul 10, 2023 (Gmt+09:00)
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Venture capital
Korean startups feel bite of funding drought in H1
The drought in venture capital funding worsened in South Korea in the first half of this year, taking an especially heavy toll on platform and b...
Jul 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
NHN Cloud to boost mobile games operations in Japan
South Korea's NHN Cloud on Friday said that at this year's Game Tools & Middleware Forum (GTMF) in Japan, it gave a presentation on security bre...
Jul 07, 2023 (Gmt+09:00)
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Earnings
Samsung chip turnaround likely in second half after dismal Q2
Samsung Electronics Co. expects to see light at the end of the tunnel with a likely turnaround of its mainstay chip business in the second half afte...
Jul 07, 2023 (Gmt+09:00)
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Fintech
Kakao Pay launches ATM service in Japan, Vietnam, Laos
South Korea’s Kakao Pay Corp. on Wednesday said it started an overseas withdrawal service at automatic teller machines (ATM) in partnership wi...
Jul 05, 2023 (Gmt+09:00)
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Economy
FDI pledges to S.Korea set fresh record in H1 2023
Foreign direct investment pledges to South Korea from January to June of this year soared 54.2% on-year, hitting a record high for the first-half pe...
Jul 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s restyled Santa Fe to revive SUV boom in S.Korea
South Korea’s top automaker Hyundai Motor Co. is set to release a next-generation model of its steady-seller Santa Fe SUV this quarter, leadin...
Jul 04, 2023 (Gmt+09:00)
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Corporate investment
SK Square, SK Hynix set up $77 million chip investment unit
SK Square Co. and SK Hynix Inc., together with two other South Korean companies, have launched a 100 billion won ($77 million) joint investment unit...
Jul 04, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's T&R Biofab secures patent in Japan for 3D-printed liver
South Korea's regenerative medicine company T&R Biofab Co. on Monday said it obtained a patent in Japan for production technology for liver or...
Jul 04, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE bags $2.3 bn in vessel orders, achieves 90% of 2023 target
South Korea’s biggest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has recently bagged over 3 trillion won ($2.3...
Jul 03, 2023 (Gmt+09:00)
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Automobiles
Genesis GV80 to come with LG’s OLED auto display in close tie-up
Hyundai Motor Co.'s premium brand Genesis will be equipped with LG Display Co.'s organic light-emitting diode (OLED) automotive display for its...
Jul 03, 2023 (Gmt+09:00)
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Electric vehicles
LG Uplus, Kakao Mobility to form EV charging JV
South Korea’s third-largest mobile carrier LG Uplus Corp. and transportation company Kakao Mobility announced on Monday their strategic allian...
Jul 03, 2023 (Gmt+09:00)
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Airlines
Jeju Air becomes 1st S.Korean LCC to surpass 100 mn passenger mark
South Korea's low-cost carrier (LCC) Jeju Air Co. on Sunday said its cumulative number of passengers exceeded 100 million 17 years after the company...
Jul 03, 2023 (Gmt+09:00)