KCON plan 2024
Scope
Date
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Batteries
Korea’s EcoPro invests $11 mn in Indonesian nickel smelter
South Korea’s leading electric vehicle battery materials producer EcoPro Group is expanding its investment in Indonesia for stable procurement...
Mar 25, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to nearly double ultra-fast EV chargers by 2024
Hyundai Motor Group is set to increase its ultra-fast electric vehicle chargers across South Korea from current 286 to 500 by next year, the auto gi...
Mar 24, 2024 (Gmt+09:00)
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Korean startups
S.Korea's drone market set for takeoff, led by startups
Starting in May, drones, not boats, will deliver parcels and even fried chicken to residents living on some of South Korea's remote islands unreacha...
Mar 21, 2024 (Gmt+09:00)
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Corporate bonds
Hanwha Hotels & Resorts credit rating upgrades to A-
South Korea's Hanwha Hotels & Resorts announced on March 21 that Korea Ratings and Korea Investors Service elevated the company's corporate bond...
Mar 21, 2024 (Gmt+09:00)
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Korean food
Korea’s ramen exports on course to reach $1 bn in 2024
South Korea’s instant ramen noodle exports soared to a record monthly high in February, data showed, on course to hit the $1 billion mark in 2...
Mar 21, 2024 (Gmt+09:00)
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Real estate
Samsung Fire headquarters up for sale at about $746 mn
The Samsung Fire & Marine Insurance Co. headquarters building in Seoul is on the market at a valuation of more than 1 trillion won ($746 million...
Mar 20, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Proxy advisor KCGS backs Hanmi founder's sons return to board
South Korea’s top proxy advisory firm has recommended that shareholders of Hanmi Science Co. vote in favor of Hanmi Pharmaceutical Group&rsquo...
Mar 20, 2024 (Gmt+09:00)
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Bio & Pharma
Drug maker Boryung targets its highest-ever sales in 2024
Boryung Corp., formerly Boryung Pharmaceutical Co., aims to join the 1 trillion won ($748 million) sales club this year, driven by new chronic disea...
Mar 20, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem to unveil carbon dioxide-based plastic in Bologna
South Korea's LG Chem Ltd. announced on Wednesday that it will unveil an eco-friendly plastic material derived from carbon dioxide at Cosmoprof Worl...
Mar 20, 2024 (Gmt+09:00)
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Korean games
Solo Leveling: Arise, Netmarble's webtoon-based game to spur turnaround
South Korean game developer Netmarble Corp. said on Tuesday it is set to launch “Solo Leveling: Arise” — a new title based on a po...
Mar 19, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix mass-produces HBM3E chip to supply Nvidia
SK Hynix Inc., the world’s No. 2 memory chipmaker, began mass-producing HBM3E, the best-performing DRAM chip for AI applications, for the firs...
Mar 19, 2024 (Gmt+09:00)
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Business & Politics
Dubai Chamber of Commerce to open Seoul office
The Dubai Chamber of Commerce in the United Arab Emirates (UAE) will open an office in Seoul, South Korea by May this year, according to industry so...
Mar 19, 2024 (Gmt+09:00)
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Food & Beverage
Cosmax NBT targets Halal health supplement market
Cosmax NBT, Inc., a health supplement original development manufacturing (ODM) affiliate of South Korea's Cosmax Group, announced on Friday that it ...
Mar 15, 2024 (Gmt+09:00)
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Aerospace & Defense
KASA, Korea’s NASA, embarks on hunt for space talent
South Korea seeking to join the global space power club is set to recruit about 120 local and foreign space experts for the country’s space ag...
Mar 15, 2024 (Gmt+09:00)
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Artificial intelligence
Lunit gets court approval for Volpara acquisition in New Zealand
South Korean medical AI company Lunit announced on Thursday that it received the first approval from the High Court of New Zealand for its plan to a...
Mar 14, 2024 (Gmt+09:00)
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Electronics
Samsung brings AI tech to its latest TV lineup to rival LG’s OLED TVs
Samsung Electronics Co., the world’s largest TV maker, said on Wednesday it is bringing artificial intelligence technology to its 2024 TV line...
Mar 13, 2024 (Gmt+09:00)
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Batteries
SK Ecoplant, TES to enter Japan’s battery recycling market
SK Ecoplant Co., a South Korean construction engineering and waste management firm, said on Tuesday it is entering Japan’s battery recycling m...
Mar 12, 2024 (Gmt+09:00)
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Travel & Leisure
Yanolja, Interpark Triple, Modetour to team up for package travel
South Korea’s top travel and accommodation platform Yanolja Co., its subsidiary Interpark Triple, and Modetour Network Inc. announced on Tuesd...
Mar 12, 2024 (Gmt+09:00)
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Private equity
Tmax Group to draw more than $572 mn to buy back Tmaxsoft
South Korea's leading software company Tmax Group is set to draw at least 750 billion won ($572.3 million) and a maximum of 1 trillion won from Seou...
Mar 12, 2024 (Gmt+09:00)
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Automobiles
Tata Daewoo resumes truck exports to Algeria
South Korea's Tata Daewoo Commercial Vehicle Company announced on Tuesday that it resumed truck exports to Algeria under the Daewoo brand. Tata...
Mar 12, 2024 (Gmt+09:00)
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Korean games
PUBG’s Krafton expands in India with localized games
South Korean gaming giant Krafton Inc., renowned for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), aims to expand its market share...
Mar 11, 2024 (Gmt+09:00)
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Food & Beverage
Mom’s Touch to open first store in Japan
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Monday that it will open its first directly managed store Shibuya...
Mar 11, 2024 (Gmt+09:00)
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Automobiles
Kia EV9 named UK Car of the Year 2024
Kia Corp. 's EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker, was named the UK Car of the...
Mar 11, 2024 (Gmt+09:00)
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Automobiles
Samsung Electro-Mechanics to supply hybrid camera lenses to Hyundai
Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, plans to begin supplying hybrid lenses for automotive camera modules ...
Mar 10, 2024 (Gmt+09:00)
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Automobiles
Korea, new darling of Maybach, Bentley, Rolls-Royce
Foreign exquisite, high-end car brands are eager to offer new and exclusive experiences to their customers in South Korea, the fastest-growing luxur...
Mar 08, 2024 (Gmt+09:00)
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Mergers & Acquisitions
South Korea’s Daesang retracts bid to acquire China’s Chengfu Food
South Korea’s food giant Daesang Corp. has retracted its bid to acquire a controlling stake in China’s leading food additives maker Heil...
Mar 08, 2024 (Gmt+09:00)
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Retail
S.Korea's CU opens first store in Kazakhstan
South Korea's BGF Retail, the operator of the leading domestic convenience store chain CU, announced on Thursday that it opened its first store in K...
Mar 07, 2024 (Gmt+09:00)
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Bio & Pharma
Vivid Health gets seed round from Kakao Ventures
Vivid Health, a South Korean startup that operates an obesity treatment management platform announced on Wednesday that it got a seed round investme...
Mar 06, 2024 (Gmt+09:00)
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Electronics
Samsung’s Family Hub Plus gets UL certification
Samsung Electronics Co. said on Tuesday that its 2024 Bespoke Refrigerator with Family Hub Plus has achieved the Diamond grade in an Internet of Thi...
Mar 05, 2024 (Gmt+09:00)
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Batteries
Korean EV battery makers to unveil tech for industry recharge
South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...
Mar 04, 2024 (Gmt+09:00)
Latest News
- 1 SGC E&C secures $189 mn petrochem facility project in Saudi Arabia
- 2 Hyundai Elevator joins forces with Kakao Mobility for integration services
- 3 Korean firms rush to sell bonds to lock in lower yields
- 4 CJ Group to hold K-festa in Vietnam
- 5 LG Innotek, Ansys forge digital twin technology partnership