K-UAM Dream Team Consortium
Scope
Date
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Beauty & Cosmetics
L'Oréal keeps door open for more K-beauty acquisitions
L'Oréal S.A., the leading global cosmetics maker, is considering more acquisitions and partnerships in the beauty sector of South Korea, the ...
Sep 01, 2023 (Gmt+09:00)
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Aerospace & Defense
SK Telecom unveils analytics solution for UAM networks
South Korea's SK Telecom Co. disclosed its cutting-edge analytics solution and simulator specifically geared for urban air mobility (UAM) commun...
Aug 31, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s Coreline Soft teams up with HCK of Switzerland
South Korea's Coreline Soft, a maker of artificial intelligence (AI)-based imaging diagnostic materials, on Wednesday said it will sell its chest di...
Aug 31, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Fosun to cash out of K-beauty firm Nature&Nature for $38 mn
Fosun Group, a debt-laden Chinese conglomerate, is seeking to cash out of its entire stake in Nature&Nature Co. for up to 50 billion won ($37.8 ...
Aug 30, 2023 (Gmt+09:00)
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Energy
Dongkook Lifescience, Veolia team up for energy efficiency initiatives
Dongkook Lifescience Co., established through a spin-off from Dongkook Pharmaceutical Co. in May 2017, announced on Tuesday that it has entered into...
Aug 29, 2023 (Gmt+09:00)
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K-pop
K-pop rookies, fresh boost for Korean entertainment stocks
South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...
Aug 29, 2023 (Gmt+09:00)
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Automobiles
Hyundai Elantra N TCR stands on double podium in 2023 TCR World Tour
Hyundai Motor Co. announced on Monday that the Elantra N TCR has won the 2023 TCR (touring car racing) World Tour in José Carlos Bassi Circui...
Aug 28, 2023 (Gmt+09:00)
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K-pop
Virtual bands, emerging stars to fuel global K-pop craze
Virtual bands have emerged as new stars to accelerate the K-pop craze across the world. An artificial girl quartet attracted more than 25 million vi...
Aug 25, 2023 (Gmt+09:00)
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Travel & Leisure
K-tourism video ads with Lee Jung-jae exceed 510 mn views
The four-video Challenge Korea series promoting tourism in South Korea with "Squid Game" actor Lee Jung-jae has surpassed half a billion views in ju...
Aug 24, 2023 (Gmt+09:00)
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K-pop
BTS’ ‘Boy With Luv’ surpasses 1.7 billion YouTube views
The number of YouTube views of the group BTS' "Boy With Luv" music video exceeded 1.7 billion, the agency Big Hit Music said on Tuesday.The music vi...
Aug 22, 2023 (Gmt+09:00)
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Korean stock market
MXene: Korean investors’ next target after superconductor craze fizzles
Speculative investors in South Korea have started to amass shares related to Mxene, touted as a next-generation material, after dumping a large numb...
Aug 21, 2023 (Gmt+09:00)
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Energy
Team Korea lands $447 mn solar power project in US
A group of six South Korean companies dubbed "Team Korea," which comprises private companies such as SK Ecoplant, public companies and a government ...
Aug 21, 2023 (Gmt+09:00)
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Artificial intelligence
KT to hold AI coding lectures at universities
South Korea’s KT Corp. is expanding operations of its artificial intelligence (AI) coding education platform AI Codiny.The company on Sunday s...
Aug 21, 2023 (Gmt+09:00)
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Energy
Daewoo E&C, KAERI to team up for nuclear tech research
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) announced on Friday that it signed a research collaboration memorandum of u...
Aug 18, 2023 (Gmt+09:00)
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K-pop
K-pop label JYP Entertainment earnings disappoint; shares down
JYP Entertainment Corp., the music label behind K-pop bands Stray Kids, Twice and NiziU, saw its stocks drop on Monday due to its disappointing quar...
Aug 14, 2023 (Gmt+09:00)
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Retail
NewJeans selected as models for Hyundai Dept. Store Duty Free
South Korea's Hyundai Department Store Duty Free announced on Monday that it has newly appointed the five-member K-pop girl group NewJeans as models...
Aug 14, 2023 (Gmt+09:00)
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K-pop
BTS label HYBE to wholly own K-pop band Enhypen agency
HYBE Co., the agency of K-pop sensation BTS, is slated to acquire a controlling stake in music label Belift Lab Inc. as South Korean entertainment p...
Aug 11, 2023 (Gmt+09:00)
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Food & Beverage
Orion teams up with Dutch Mill to tap Vietnamese dairy market
South Korea's Orion Corp. announced on Tuesday its strategic collaboration with Thailand's dairy behemoth, Dutch Mill Co., marking its ambitious ent...
Aug 08, 2023 (Gmt+09:00)
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Robotics
LG Uplus announces expansion of robot business from serving to logistics
South Korea’s third-largest mobile carrier, LG Uplus Corp., said on Monday that it will expand its robot business from the existing serving se...
Aug 07, 2023 (Gmt+09:00)
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Banking & Finance
Woori Bank teams up with BuildBlock on US real estate services
South Korea's Woori Bank and US real estate platform operator BuildBlock have entered into a strategic memorandum of understanding to bolster overse...
Aug 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea's new superconductor will be verified: research team
Global scientists will be able to replicate South Korean researchers’ recent findings of room-temperature superconductor in around a month, de...
Aug 04, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korean cosmetics overtake French as top imports in Japan
South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shimbun reported Thursd...
Aug 04, 2023 (Gmt+09:00)
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Logistics
CJ Logistics teams up with world’s No. 7 shipping company ONE
South Korea's largest parcel delivery service CJ Logistics on Thursday said it signed a strategic partnership deal with Japan’s Ocean Network ...
Aug 03, 2023 (Gmt+09:00)
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Business & Politics
GS25 becomes No. 1 convenience store chain in southern Vietnam
South Korean convenience store chain GS25 announced on Thursday that it has become the top operator in southern Vietnam, surpassing rivals US' Circl...
Aug 03, 2023 (Gmt+09:00)
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K-pop
K-pop girl group NewJeans tops US Billboard 200
South Korean K-pop girl group NewJeans topped the US Billboard 200 chart with their second mini-album "Get Up," since its debut a year ago. Acc...
Aug 03, 2023 (Gmt+09:00)
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K-pop
K-pop group aespa to premiere ‘Better Things’ single in LA
K-pop girl group aespa will hold a concert "aespa LIVE TOUR 2023 - SYNK: HYPER LINE" at the Crypto.com Arena in Los Angeles, US, on August 13, their...
Aug 02, 2023 (Gmt+09:00)
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K-pop
K-pop powerhouse SM to launch US office with Kakao
K-pop powerhouse SM Entertainment Co. and Kakao Entertainment will jointly launch an office in the US later this year to boost their global business...
Aug 01, 2023 (Gmt+09:00)
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Entertainment
Seoul mulls ‘treble damages’ for illegal K-content websites
The South Korean government and the ruling People Power Party are considering tripling punitive damages to illegal distributors of Korean entertainm...
Jul 31, 2023 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang divests Chinese subsidiary Jixiangju for $235 mn
South Korean food giant CJ CheilJedang Corp. announced on Monday that it has completely sold its ownership stake in its Chinese food subsidiary, Jix...
Jul 31, 2023 (Gmt+09:00)
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Logistics
Hanjin teams up with global fandom company bemyfriends
South Korea's Hanjin Transportation on Wednesday said it signed an agreement on business cooperation in the US with the Seoul-based global fandom co...
Jul 20, 2023 (Gmt+09:00)